NOT LISTED FOR SALE

1025 Ferdinand Ave Forest Park, IL 60130

Estimated Value: $397,622 - $508,000

4 Beds
2 Baths
1,750 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2015

Last sale price $257,000 $147 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,170 / mo

3 Days on Market

Highlights

  • Community Pool
  • Den
  • 2 Car Detached Garage
  • Tennis Courts
  • Fenced Yard
  • Patio

About This Home

As of April 2015

Absolutely charming two flat in move in condition! Building features new tear off roof, most newer windows&separate utilities including central air on both floors! First floor owners unit has gas fireplace& s/steel appl in kitchen. Huge high dry basement provides great storage & room to expand. Lovely garden in fenced back yard.Easy walk to el and park. 2 car garage and xtra space. So quaint &well maintained. Hurry!

Last Agent to Sell the Property

Kyra Pych

RE/MAX In The Village License #475130931 Listed on: 02/17/2015

RE/MAX In The Village

Last Buyer's Agent

Jeff Cobb

Charles Rutenberg Realty License #475132836

Charles Rutenberg Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,242

Year Built

  • Built in 1949

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Humidifier
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,242

Year Built

Built in 1949

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1949
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Den
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 8242
  • Tax Year: 2013
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Mortensen Mari
Bought by
Mortensen Mari and The Mari Mortensen Living Trus
Current Estimated Value
$465,406

Purchase Details

Listed on
Feb 17, 2015
Closed on
Mar 16, 2015
Sold by
First American Bank Na
Bought by
Mortensen Mari J
Seller's Agent
Kyra Pych
RE/MAX In The Village
Buyer's Agent
Jeff Cobb
Charles Rutenberg Realty
List Price
$249,800
Sold Price
$257,000
Premium/Discount to List
$7,200
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$218,450
Outstanding Balance
$169,345
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$296,061

Purchase Details

Closed on
May 30, 2007
Sold by
Preis Susan B
Bought by
Midwest Bank & Trust Co and Trust #95-1-6928

Purchase Details

Closed on
Aug 27, 2003
Sold by
Preis Susan B
Bought by
Midwest Bank & Trust Co and Trust #95-1-6928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 2003
Sold by
Midwest Bank & Trust Co
Bought by
Preis Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1995
Sold by
Preis Susan B
Bought by
Midwests Trust Services Inc
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
Mortensen Mari -- Attorney
Mortensen Mari J $257,000 First American Title
Midwest Bank & Trust Co -- None Available
Midwest Bank & Trust Co -- --
Preis Susan B -- --
Midwests Trust Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortensen Mari J $218,450
Previous Owner Preis Susan B $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $257,000 +2.9% $147 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $249,800 -- $143 / 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 $8,420 $34,000 $2,790 $31,210
2024 $8,420 $34,000 $2,790 $31,210
2023 $8,762 $34,000 $2,790 $31,210
2022 $8,762 $30,605 $2,139 $28,466
2021 $8,378 $30,604 $2,139 $28,465
2020 $9,124 $30,604 $2,139 $28,465
2019 $9,049 $25,700 $1,953 $23,747
2018 $8,863 $25,700 $1,953 $23,747
2017 $8,668 $25,700 $1,953 $23,747
2016 $7,433 $23,238 $1,767 $21,471
2015 $6,611 $23,238 $1,767 $21,471
2014 $6,519 $23,238 $1,767 $21,471
2013 -- $29,992 $1,767 $28,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08840311

Midwest Real Estate Data (MRED)

APN: 15-13-416-043-0000

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