NOT LISTED FOR SALE

Estimated Value: $282,000 - $347,000

2 Beds
1 Bath
1,220 Sq Ft
$428/mo HOA Fee

Last Sold August 01, 2022

Last sale price $230,000 $189 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,532/month

7 Days on Market

Highlights

  • Landscaped Professionally
  • 4-minute walk to Mount Prospect Station
  • Intercom
  • Fairview Elementary School Rated 9+
  • 1 Car Attached Garage
  • 3-minute walk to Moehling Park

About This Home

As of August 2022

Tremendous value at a surprisingly affordable price with this beautiful 2 bedroom condo at Clocktower, the only unit currently available for sale in this popular complex! The 03 tier is the largest corner floor plan, boasting tons of natural light from multiple exposures. Newer than most other condominium structures in the area, the building boasts an elevator, private heated underground parking garage (space 55 on level G included in the price!) and in-unit laundry. A spacious, sun-drenched balcony, additional storage space (with parking) and basic cable, heat, gas & water also included. As much closet space as some single family homes--move-in ready or make it your own, a fantastic opportunity whether you are downsizing from a single family home or beginning your home ownership journey. Ideal location in beautiful downtown Mount Prospect just steps to the Metra, shopping, restaurants and more. Special bonus feature unique to the building: never lose power during a storm or electrical grid issue as the entire association is supplemented by a backup generator! Truly a unique find ready for a new owner.

Last Agent to Sell the Property

Nick Libert

EXIT Strategy Realty License #471016048 Listed on: 06/15/2022

EXIT Strategy Realty

Co-Listed By

Andrew Coppens

Compass License #475198129

Last Buyer's Agent

Maria Kozeluh

American International Realty License #475136460

American International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1999

Lot Details

  • Landscaped Professionally
  • Sprinkler System

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • Ceiling Fan
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Schools

  • Fairview Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Association fees include water, gas, insurance, tv/cable, exterior maintenance, lawn care, snow removal
  • 50 Units
  • Association Phone (847) 557-3160
  • Clock Tower Subdivision
  • Property managed by Hughes Management
  • 8-Story Property

Amenities

  • Common Area

Pet Policy

  • No Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,651

Year Built

Built in 1999

Lot Details

0

HOA Fees

$428 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Clock Tower
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1220
  • Other Equipment: TV-Cable, TV Antenna, Security System, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sprinkler-Lawn
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 234900
  • Lot Features: Common Grounds, Landscaped
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 428
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hughes Management
  • Management Contact Name: n/a
  • Management Phone: 847-557-3160
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Fairview Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3651.13
  • Tax Year: 2020

Multi Family

  • Units in Building: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 27, 2022
Sold by
David Sommerschield and David Cheryl Sommerseh
Bought by
Ollech Julia G
Seller's Agent
Nick Libert
EXIT Strategy Realty
Buyer's Agent
Maria Kozeluh
American International Realty
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Current Estimated Value
$318,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,116
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Oct 5, 2010
Sold by
Sommerschield David and Sommerschield Cheryl
Bought by
Sommerschield David and Sommerschield Cheryl

Purchase Details

Closed on
Aug 25, 2006
Sold by
Selke Vinera M
Bought by
Sommerschield David and Sommerschield Cheryl

Purchase Details

Closed on
Nov 12, 2004
Sold by
Komotos Violeta
Bought by
Cacioppo Mary K
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ollech Julia G $230,000 Proper Title
Sommerschield David -- None Available
Sommerschield David $250,000 Baird & Warner Title Service
Cacioppo Mary K $245,000 Ticor Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $230,000 -2.1% $189 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $234,900 -- $193 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,607 $22,508 $976 $21,532
2023 $4,380 $22,508 $976 $21,532
2022 $4,380 $22,508 $976 $21,532
2021 $3,601 $17,550 $616 $16,934
2020 $3,651 $17,550 $616 $16,934
2019 $3,668 $19,546 $616 $18,930
2018 $3,269 $16,869 $513 $16,356
2017 $4,139 $16,869 $513 $16,356
2016 $4,481 $16,869 $513 $16,356
2015 $2,636 $13,567 $462 $13,105
2014 $2,619 $13,567 $462 $13,105
2013 $2,586 $13,567 $462 $13,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11436098

Midwest Real Estate Data (MRED)

APN: 08-12-101-025-1003