NOT LISTED FOR SALE

1040 Erie St Unit 210 Oak Park, IL 60302

Estimated Value: $316,000 - $360,000

3 Beds
2 Baths
1,350 Sq Ft
$481/mo HOA Fee

Last Sold April 06, 2022

Last sale price $275,000 $204 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,749/month

78 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • 1 Car Attached Garage
  • Oliver W Holmes Elementary School Rated A-
  • Balcony
  • 3-minute walk to Austin Gardens

About This Home

As of April 2022

Rare opportunity to own this amazing 3 bedroom 2 bath condo located in the heart of Oak Park. Featuring a spacious open layout with oak hardwood floors, updated eat-in kitchen with freshly painted cabinets & new refrigerator. The large living room, dining room and sitting area allow for great entertaining space. Each bedroom is nicely sized with the primary suite having a walk in closet, dressing area and beautiful updated bathroom. 2nd bath has also been updated along with new thermal windows throughout. New patio door opening to tree top views from the recently updated balcony round off this amazing condo. Laundry room on each floor. Great location in downtown Oak Park, close to Green line, Metra, restaurants, gyms, parks, shopping and much more. Parking spot begins as exterior spot and then moves into a covered spot once the next unit is sold. Storage room located on the main level. Laundry on each floor. Cats okay, no dogs. No rentals. 100% owner occupied. Elevator building. New hallway renovation project recently completed as well as lobby project and digital intercom system w/ no specials coming. Extremely well-run association w/ healthy reserves!

Last Agent to Sell the Property

Margaret Sersen

Redfin Corporation License #475175228 Listed on: 01/18/2022

Redfin Corporation

Last Buyer's Agent

Jane McClelland

RE/MAX In The Village License #475127734

RE/MAX In The Village

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1971

Lot Details

  • 0.74

HOA Fees

  • $481 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Laundry in multiple locations
  • Wood Flooring
  • Intercom

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Oak Park & River Forest High Sch

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, security, exterior maintenance, lawn care, snow removal
  • 40 Units
  • Tim Davis Association, Phone Number (708) 204-1710
  • Property managed by M & M Property Management
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Coin Laundry
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,732

Year Built

Built in 1971

Lot Details

0

HOA Fees

$481 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
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Historical District,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Elevator, Hardwood Floors, Storage
  • LivingArea: 1350
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Cable Access
  • List Price: 279000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Laundry Features: Multiple Locations
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 481
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: M & M Property Management
  • Management Contact Name: Tim Davis
  • Management Phone: 708-204-1710
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Security, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 97

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5731.58
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Apr 19, 2022
Sold by
Keefer Thomas J and Keefer Ann B
Bought by
Barnes Thomas E and Holden Janet
Seller's Agent
Margaret Sersen
Redfin Corporation
Buyer's Agent
Jane McClelland
RE/MAX In The Village
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Current Estimated Value
$335,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,271
Avg. Annual Appreciation
5.81%
Original Mortgage
$247,500
Outstanding Balance
$232,798
Interest Rate
4.38%
Estimated Equity
$102,473

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 18, 2022
Sold by
Keefer Family 2011 Trust
Bought by
Barnes Thomas and Holden Janet
Seller's Agent
Margaret Sersen
Redfin Corporation
Buyer's Agent
Jane McClelland
RE/MAX In The Village
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$232,798
Interest Rate
4.38%
Estimated Equity
$102,473

Purchase Details

Closed on
Oct 15, 2020
Sold by
Keefer Thomas J and Keefer Ann B
Bought by
Keefer Thomas J and Keefer Ann B

Purchase Details

Listed on
Jan 6, 2018
Closed on
Feb 19, 2018
Sold by
Schroeder Christopher L and Buen Schroeder Ranimarie M
Bought by
Keefer Thomas J and Keefer Ann B
Seller's Agent
Kyra Pych
RE/MAX In The Village
Buyer's Agent
John Plepel
Redfin Corporation
List Price
$258,800
Sold Price
$235,000
Premium/Discount to List
-$23,800
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$145,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2015
Closed on
May 28, 2015
Sold by
Stoichitoiu Daniela
Bought by
Schroeder Christopher L and Buen Schroeder Ranimarie M
Seller's Agent
Pat Cesario
Compass
Buyer's Agent
Kyra Pych
RE/MAX In The Village
List Price
$239,000
Sold Price
$222,500
Premium/Discount to List
-$16,500
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$206,150
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2007
Sold by
Miller Matthew J and Wilson Mary K
Bought by
Stoichitoiu Daniela
Source: Public Records

Range of Values:

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Average Value
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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
Barnes Thomas E $275,000 --
Barnes Thomas $275,000 First American Title
Keefer Thomas J -- Attorney
Keefer Thomas J $235,000 First American Title
Schroeder Christopher L $222,500 Git
Stoichitoiu Daniela $260,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Thomas E $247,500
Closed Barnes Thomas $247,500
Previous Owner Keefer Thomas J $145,000
Previous Owner Schroeder Christopher L $206,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $275,000 -1.4% $204 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $279,000 +18.7% $207 / Sq Ft
02/28/2018 02/28/18 Sold $235,000 -9.2% -- View Prior Sale
01/18/2018 01/18/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $258,800 +16.3% --
05/29/2015 05/29/15 Sold $222,500 -6.9% -- View Prior Sale
03/30/2015 03/30/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $239,000 -- --
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 $5,957 $24,243 $1,217 $23,026
2023 $5,809 $24,243 $1,217 $23,026
2022 $5,809 $21,286 $1,304 $19,982
2021 $5,722 $21,285 $1,303 $19,982
2020 $5,732 $21,285 $1,303 $19,982
2019 $4,697 $18,416 $1,194 $17,222
2018 $5,532 $18,416 $1,194 $17,222
2017 $5,432 $18,416 $1,194 $17,222
2016 $4,740 $14,274 $999 $13,275
2015 $4,202 $14,274 $999 $13,275
2014 $3,923 $14,274 $999 $13,275
2013 -- $14,641 $999 $13,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11292772

Midwest Real Estate Data (MRED)

APN: 16-07-108-041-1010