Seller's Agent in 2021
Kara Keller
Baird & Warner
(708) 705-5272
14 in this area
188 Total Sales
106 Lathrop Ave Forest Park, IL 60130
Estimated Value: $413,000 - $481,000
4
Beds
2
Baths
1,473
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- Fenced Yard
- Enclosed Patio or Porch
- Heating System Uses Steam
- 2.5 Car Detached Garage
- Ceiling Fan
- Paved or Partially Paved Lot
About This Home
As of November 2021106 can be de-converted and used as a single family home or it can be owner occupied to offset the mortgage or it can be managed as a pure investment with both units being rented. Lots of choices! Come tour this well maintained 2-flat with 1 unit per floor and a common basement with storage and laundry. Each unit has a private entrance, 2 bedrooms and 1 bathroom. Unit 1 has hardwood floors throughout, a living room, dining room, kitchen, and front and back porches. Unit 2 has carpet in the living spaces and a laminate wood floor in the kitchen, a living room and back porch. Nicor has done an energy audit then implemented all of the recommendations, making 106 a well-insulated and highly efficient property. The 1st floor windows, except the porches, were installed new in 2008 and the 2nd floor windows, except the porch, were installed new in 2014. Also in 2008, both bathrooms were remodeled, plaster ceilings were replaced with drywall and both electric boxes were upgraded to 100AMP ea. In 2016, a new full tear-off roof was installed on the house and the garage. That same year, the house soffits and garage gutters and soffits were all installed new. And the latest improvement was a new 50gal hot water heater, installed in 2021. Enjoy the nice, big, fenced-in backyard and 2.5. car garage with a parking pad on the south side. Fabulous location with Forest Park's famous Madison Street within walking distance, along with River Forest, Oak Park, Metra and EL stops all close by! Your 1st visit can happen now! Click the VIDEO link to see the fully narrated drone video! Also out the interactive floor plans by clicking the VIRUAL TOUR link!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,103
Year Built
- Built in 1893 | Remodeled in 2008
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 43 x 138
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 2.5 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- On-Street Parking
- Off Alley Parking
- Parking Included in Price
Home Design
- Stone Foundation
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Storm Screens
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Outdoor Features
- Enclosed Patio or Porch
Schools
- Grant-White Elementary School
- Forest Park Middle School
- Proviso East High School
Utilities
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $900
- Insurance Expense $1,275
- Trash Expense $1,139
- Water Sewer Expense $1,139
- Gross Income $35,040
- Net Operating Income $30,587
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2021
Closed on
Nov 11, 2021
Sold by
Scott Susan Ann and Susan Ann Scott Revocable Trust
Bought by
Seitelman Brielle C
Seller's Agent
Kara Keller
Baird & Warner
Buyer's Agent
Penny Wallingford
Wallingford Associates
List Price
$344,000
Sold Price
$339,000
Premium/Discount to List
-$5,000
-1.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,484
Avg. Annual Appreciation
8.00%
Purchase Details
Closed on
Jan 25, 2020
Sold by
Scott Urban Steven and Scott Susan Ann
Bought by
Scott Susan Ann and The Susan Ann Scott Revocable Trust
Purchase Details
Closed on
Oct 5, 2004
Sold by
Kilikevice Lenora
Bought by
Scott Urban S and Scott Susan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 17, 1995
Sold by
Kilikevice John
Bought by
Kilikevice Lenora
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Seitelman Brielle C | $339,000 | -- | |
| Scott Susan Ann | -- | Attorney | |
| Scott Urban S | $325,000 | Chicago Title Insurance Comp | |
| Kilikevice Lenora | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Scott Urban S | $260,000 | |
| Closed | Scott Urban S | $32,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2021 11/15/21 | Sold | $339,000 | -1.5% | $230 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 08/24/2021 08/24/21 | For Sale | $344,000 | -- | $234 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,813 | $36,000 | $6,028 | $29,972 |
| 2023 | $12,432 | $36,000 | $6,028 | $29,972 |
| 2022 | $12,432 | $34,687 | $3,918 | $30,769 |
| 2021 | $10,675 | $34,687 | $3,918 | $30,769 |
| 2020 | $10,478 | $34,687 | $3,918 | $30,769 |
| 2019 | $7,459 | $24,614 | $3,918 | $20,696 |
| 2018 | $7,304 | $24,614 | $3,918 | $20,696 |
| 2017 | $7,657 | $26,077 | $3,918 | $22,159 |
| 2016 | $7,084 | $22,264 | $3,616 | $18,648 |
| 2015 | $7,282 | $23,266 | $3,616 | $19,650 |
| 2014 | $7,163 | $23,266 | $3,616 | $19,650 |
| 2013 | $6,312 | $22,146 | $3,616 | $18,530 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Keller
-
Jon Keller
Seller Co-Listing Agent in 2021
Jon Keller
@ Properties
(312) 388-3443
8 in this area
107 Total Sales
-
Penny Wallingford
P
Buyer's Agent in 2021
Penny Wallingford
Wallingford Associates
(312) 213-7574
1 in this area
1 Total Sale
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11199338
APN: 15-12-406-003-0000
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