$209,900
PENDING

1041 Susan Collins Ln Unit 402 Oak Park, IL 60302

Estimated payment $1,903/month

Total Views 21,648
2 Beds
1 Bath
800 Sq Ft
$262 Price per Sq Ft

Highlights

  • Wood Flooring
  • Elevator
  • Living Room
  • Abraham Lincoln Elementary School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

Location! Secured elevator building! 2 parking spaces! Balcony! Pet friendly building! Investors welcome! This super sharp 2 bedroom condo is located in Artists Square at the corner of Madison and Wisconsin. Unit features spacious living room and dining area. Open floor plan. Hardwood floors throughout. Modern kitchen with brand new oven/range, Corian counter tops, decorative glass tile backsplash and abundant cabinet space. Spacious primary bedroom with balcony and newer heating/AC unit (2021). Sliding glass balcony doors feature built-in blinds. 2nd bedroom perfect for an in-home office. Newly updated bathroom. Condo has just been newly painted throughout. Huge walk-in closet in basement with coin laundry. 2 parking spaces #17 & 18. Storage #402. Great location, close to downtown Oak Park, Blue, Green and Metra lines. Just west on Madison to downtown Forest Park. Near Rush Oak Park Hospital. Investors welcome - units can be rented. All units sprinkler protected against fire.

Listing Agent

Ginny Leamy

Compass License #475126031 Listed on: 12/08/2025

Compass

Co-Listing Agent

Rosemarie Lowery

Compass License #475130012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,083

Year Built

  • Built in 1998

HOA Fees

  • $376 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 20 Units
  • Customer Service Association, Phone Number (708) 488-1414
  • Property managed by Hearthstone Realty Inc.

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,083

Year Built

Built in 1998

Lot Details

0

HOA Fees

$376 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1998
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Partially Finished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 800
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Street, Yes, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Electric, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 376
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hearthstone Realty Inc.
  • Management Contact Name: Customer Service
  • Management Phone: 708-488-1414

Fee Information

  • Association Fee Includes: Water, Parking, 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

  • Lot Dimensions: common
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5083
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 20

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,084 $15,594 $1,233 $14,361
2023 $5,340 $15,594 $1,233 $14,361
2022 $5,340 $13,907 $1,233 $12,674
2021 $5,204 $13,906 $1,233 $12,673
2020 $5,076 $13,906 $1,233 $12,673
2019 $4,975 $12,968 $1,130 $11,838
2018 $4,789 $12,968 $1,130 $11,838
2017 $4,684 $12,968 $1,130 $11,838
2016 $5,522 $13,719 $945 $12,774
2015 $4,947 $13,719 $945 $12,774
2014 $3,737 $13,719 $945 $12,774
2013 $3,920 $14,674 $945 $13,729
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2025 12/09/25 Pending -- -- --
12/08/2025 12/08/25 For Sale $209,900 0.0% $262 / Sq Ft
08/22/2022 08/22/22 Rented $1,420 0.0% --
08/19/2022 08/19/22 Under Contract -- -- --
08/10/2022 08/10/22 For Rent $1,420 +2.5% --
08/20/2020 08/20/20 Rented $1,385 -0.7% --
08/20/2020 08/20/20 For Rent $1,395 +1.5% --
03/16/2018 03/16/18 Rented $1,375 0.0% --
03/14/2018 03/14/18 Under Contract -- -- --
03/04/2018 03/04/18 For Rent $1,375 0.0% --
02/24/2017 02/24/17 Rented $1,375 0.0% --
02/19/2017 02/19/17 Under Contract -- -- --
02/15/2017 02/15/17 For Rent $1,375 0.0% --
02/14/2017 02/14/17 Under Contract -- -- --
02/12/2017 02/12/17 For Rent $1,375 -1.4% --
12/26/2015 12/26/15 Under Contract -- -- --
12/26/2015 12/26/15 Rented $1,395 0.0% --
12/01/2015 12/01/15 For Rent $1,395 0.0% --
11/14/2014 11/14/14 Sold $125,000 -9.1% -- View Prior Sale
10/09/2014 10/09/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $137,500 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Cti
Warranty Deed $206,000 Baird & Warner Title Service
Warranty Deed $153,000 Stewart Title
Interfamily Deed Transfer -- --
Deed $127,500 1St American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $164,800 Unknown
Previous Owner $143,000 No Value Available
Previous Owner $51,135 Stand Alone Second
Previous Owner $120,650 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12529652

Midwest Real Estate Data (MRED)

APN: 16-07-323-055-1014