NOT LISTED FOR SALE

1040 Erie St Unit 310 Oak Park, IL 60302

Estimated Value: $315,840 - $341,000

3 Beds
2 Baths
1,380 Sq Ft
$476/mo HOA Fee

Last Sold August 10, 2018

Last sale price $208,000 $151 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,729/month

29 Days on Market

Highlights

  • Balcony
  • Breakfast Bar
  • Senior Tax Exemptions
  • Oliver W Holmes Elementary School Rated A-
  • Entrance Foyer
  • 3-minute walk to Austin Gardens

About This Home

As of August 2018

Enjoy all that downtown has to offer in this open concept 3 BR, 2 BA condo with tree-top views! Spacious LR has patio door that leads to private balcony. Formal DR. Eat-in kitchen. New energy-efficient Marvin windows and patio door! Laundry is conveniently located on each floor, additional private storage is on the main level. Three large bedrooms including a master suite with two closets (one is a walk-in). Seven closets total plus a large storage locker on the main floor. The unit includes an assigned parking space that will be moved to a covered space after the next sale in the building. Well-regarded, 100% owner-occupied elevator building. Assessments include heat and the building is professionally managed with strong reserves. Not an FHA-approved building. Cats allowed. Walk to Lake Street's many shops and restaurants, Trader Joe's, and Metra/Green line.

Last Agent to Sell the Property

Kris Sagan

RE/MAX In The Village License #475140298 Listed on: 06/25/2018

RE/MAX In The Village

Last Buyer's Agent

Melissa Kowalski

Dwellings Real Estate Inc. License #471001780

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,089

Lot Details

  • 0.74

HOA Fees

  • $476 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $1,500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,089

Lot Details

0

HOA Fees

$476 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X20, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer, Balcony
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 5X9, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Balcony, Dimensions: 5X11, On Level: Main Level
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 1380

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Elevator, Storage, Party Room
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 476
  • Management Contact Name: Tim Davis
  • Management Phone: 708-386-7355

Fee Information

  • Management Company: M & M Property Management

Schools

  • School District: 200
  • Elementary School: OLIVER W HOLMES ELEMENTARY SCHOO
  • Middle School: GWENDOLYN BROOKS MIDDLE SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 16071080411020

Multi Family

  • Total Number Unitsin Building: 40
  • Number Stories: 5

Tax Info

  • Taxes: 4568.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Aiken Daniel K and Aiken Leisa B
Bought by
Leisa B Aiken Revocable Trust and Daniel K Aiken Revocable Trust
Current Estimated Value
$330,210

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 10, 2018
Sold by
Gaskill Elizabeth and Gaskill Robert
Bought by
Aiken Leisa and Aiken Daniel K
Seller's Agent
Kris Sagan
RE/MAX In The Village
Buyer's Agent
Melissa Kowalski
Dwellings Real Estate Inc.
List Price
$219,900
Sold Price
$208,000
Premium/Discount to List
-$11,900
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
May 27, 2016
Closed on
Jul 28, 2016
Sold by
Riley Donna J and Garfinkel George P
Bought by
Gaskel Robert and Gaskel Elizabeth
Seller's Agent
Laurel Saltzman
Compass
Buyer's Agent
Laurel Saltzman
Compass
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$171,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1994
Sold by
Garfinkel Norman and Garfinkel Charlotte
Bought by
Garfinkel Charlotte
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
Leisa B Aiken Revocable Trust -- None Listed On Document
Aiken Leisa $206,000 Chicago Title
Gaskel Robert $180,000 Fidelity National Title
Garfinkel Charlotte -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaskel Robert $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2018 08/10/18 Sold $208,000 -5.4% $151 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $219,900 +22.2% $159 / Sq Ft
08/01/2016 08/01/16 Sold $180,000 -7.7% -- View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
06/12/2016 06/12/16 Price Changed $195,000 -2.5% --
05/27/2016 05/27/16 For Sale $200,000 -- --
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 $6,089 $24,647 $1,237 $23,410
2023 $5,946 $24,647 $1,237 $23,410
2022 $5,946 $21,641 $1,325 $20,316
2021 $5,854 $21,640 $1,325 $20,315
2020 $5,861 $21,640 $1,325 $20,315
2019 $4,815 $18,724 $1,214 $17,510
2018 $4,631 $18,724 $1,214 $17,510
2017 $4,568 $18,724 $1,214 $17,510
2016 $5,841 $14,512 $1,015 $13,497
2015 $3,612 $14,512 $1,015 $13,497
2014 $3,388 $14,512 $1,015 $13,497
2013 $3,377 $14,885 $1,015 $13,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09997272

Midwest Real Estate Data (MRED)

APN: 16-07-108-041-1020