NOT LISTED FOR SALE

1016 Madison St Oak Park, IL 60302

Estimated Value: $533,000 - $649,000

4 Beds
5 Baths
2,850 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2023

Last sale price $500,000 $175 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,467 / mo

19 Days on Market

Highlights

  • Rooftop Deck
  • Open Floorplan
  • Main Floor Bedroom
  • Abraham Lincoln Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of March 2023

As seen on HGTV! Awesome end unit townhome with OVER $40,000 in updates and upgrades. Natural 4-story unit. On the first floor you'll find a bedroom/den/office with hardwood floors and an en-suite half bath, as well as several closets and a spacious, attached 2-car garage. Unbeatable space with oak flooring & steps throughout. Large kitchen with center island for seating, upgraded backsplash, maple cabinetry, granite counters, stainless steel appliances including a newer French door refrigerator. Great 2nd floor layout with an east facing bay window, gas fireplace with new stone surround, mantle and built-in TV mount as well as built-in speakers throughout the property. 2 en-suite bedrooms on the 3rd level. Master with huge bathroom featuring walk-in shower, whirlpool & new double sink, all enhanced with upgraded tile. There's also a large walk-in closet. The top level has another en-suite bedroom - great for guests, teen or nanny. There is also a huge roof-top deck on this level with Chicago Skyline views. Upgrades include: 2 Bryant High efficiency heaters 2022, 2 Ecobee thermostats 2022, 1 Lennox high efficiency a/c unit 2021 (the other a/c unit installed in 2015), drop down storage racking in the 2-car garage 2020, HE blower water heater/w pan 2019, 4fl bathroom new vanity and lighting 2019, new sconces, fixtures & dimmers 2018 in the kitchen, dining room & bedrooms, new High Efficiency French door refrigerator 2018, Crown molding 2018, stone fireplace 2018, new bedroom carpet (3rd Floor master and secondary) 2018, coat closet on main floor 2018, new garbage disposal 2018, Updated Sound System throughout the whole home 2018. Walk to downtown Oak Park, Forest Park & River Forest with great shopping, restaurant and 3 train lines. Street/guest parking right in front of your unit! Corner unit with corner lot space-a huge bonus for townhome living!

Last Agent to Sell the Property

Catherine Simon Vobornik

Baird & Warner License #475140243 Listed on: 02/01/2023

Baird & Warner

Last Buyer's Agent

Linda Quinn

Coldwell Banker Real Estate Group License #475133176

Coldwell Banker Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,889

Year Built

  • Built in 2007 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 30x60
  • End Unit

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,850 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Ventless Fireplace
  • Attached Fireplace Door
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Abraham Lincoln Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • Barry Dodero Association, Phone Number (708) 622-8246
  • Property managed by Mastercare

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,889

Year Built

Built in 2007 | Remodeled in 2016

Lot Details

1,786 Sq Ft Lot

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2016
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Attached Fireplace Doors/Screen, Ventless
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan
  • LivingArea: 2850
  • Other Equipment: Humidifier, Security System, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Deck, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete,Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Mastercare
  • Management Contact Name: Barry Dodero
  • Management Phone: 708-622-8246
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Abraham Lincoln Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X60
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 200

Tax Info

  • Tax Annual Amount: 12889.07
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 21, 2023
Sold by
Vanjo Justin and Vanjo Tiffany
Bought by
Dlm Family Trust
Seller's Agent
Catherine Simon Vobornik
Baird & Warner
Buyer's Agent
Linda Quinn
Coldwell Banker Real Estate Group
List Price
$517,500
Sold Price
$500,000
Premium/Discount to List
-$17,500
-3.38%
Views
94
Current Estimated Value
$586,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,599
Avg. Annual Appreciation
5.36%
Original Mortgage
$500,000
Interest Rate
5.88%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2017
Sold by
Brown Irvin O and Brown Tasha Jackson
Bought by
Vanjo Justin and Vanjo Tiffiany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.03%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2006
Sold by
1020 West Madison Development Group Llc
Bought by
Brown Irvin O and Brown Tasha Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,450
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Dlm Family Trust $500,000 Stewart Title
Vanjo Justin $472,500 Old Republic Title
Brown Irvin O $501,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dlm Family Trust $500,000
Previous Owner Vanjo Justin $378,000
Previous Owner Brown Irvin O $400,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $500,000 -3.4% $175 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $517,500 -- $182 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $1,369 $45,000 $2,661 $42,339
2024 $1,369 $45,000 $2,661 $42,339
2023 $13,192 $45,000 $2,661 $42,339
2022 $13,192 $37,775 $2,838 $34,937
2021 $12,889 $37,775 $2,838 $34,937
2020 $12,657 $37,775 $2,838 $34,937
2019 $13,301 $38,097 $2,572 $35,525
2018 $14,068 $38,097 $2,572 $35,525
2017 $15,771 $47,039 $2,572 $44,467
2016 $13,544 $36,149 $2,128 $34,021
2015 $12,090 $36,149 $2,128 $34,021
2014 $11,253 $36,149 $2,128 $34,021
2013 $11,364 $37,547 $2,128 $35,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11710983

Midwest Real Estate Data (MRED)

APN: 16-07-323-099-0000

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