NOT LISTED FOR SALE

1106 N Lincoln Ave Park Ridge, IL 60068

Estimated Value: $616,000 - $848,000

4 Beds
4 Baths
3,821 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $525,000 $137 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,084/month

24 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Formal Dining Room
  • Franklin Elementary School Rated A-
  • Lower Floor Utility Room
  • Double Oven

About This Home

As of March 2023

Opportunity awaits. This sprawling two story home sits on a large lot (60 x 130) and features 4 bedrooms on second floor (yes, a full ensuite), 2.2 bathrooms, large formal living room with separate dining room, eat in kitchen that opens to family room with fireplace, two car attached garage and a full finished basement. Built in 1973 with over 2,000 above grade sq footage. Needs updating but in great shape.

Last Agent to Sell the Property

Craig Fallico

Baird & Warner License #475086022 Listed on: 01/03/2023

Last Buyer's Agent

Rita Baba

Redfin Corporation License #471015840

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,414

Year Built

  • Built in 1973

Lot Details

  • 7,980 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,821 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Location

  • Property is near a park

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Overhead Sewers

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,414

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1343
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • LivingArea: 3821
  • Room Type: Foyer, Eating Area, Recreation Room, Utility Room-Lower Level, Walk In Closet
  • Estimated Total Finished Sq Ft: 3821
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2478
  • Basement Sq Ft: 1343
  • Fireplace Location: Family Room
  • Total Sq Ft: 3821
  • Upper Level Sq Ft: 1065
  • Main Level Sq Ft: 1413
  • Bathroom: Full
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 550000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space

Utilities

  • Sewer: Public Sewer, Overhead Sewers
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Franklin Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Lot Size Acres: 0.1832
  • Lot Dimensions: 60X130
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7414
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 22, 2023
Sold by
Louis Funteas Declaration Of Trust
Bought by
Ahmed Mohammed Iftekhar
Seller's Agent
Craig Fallico
Baird & Warner
Buyer's Agent
Rita Baba
Redfin Corporation
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
117
Current Estimated Value
$735,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,286
Avg. Annual Appreciation
16.58%
Original Mortgage
$480,290
Outstanding Balance
$467,887
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$302,443
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
Ahmed Mohammed Iftekhar $525,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Mohammed Iftekhar $480,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $525,000 -4.5% $137 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $550,000 -- $144 / Sq Ft
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 $13,308 $55,000 $10,374 $44,626
2023 $12,702 $55,000 $10,374 $44,626
2022 $12,702 $55,000 $10,374 $44,626
2021 $8,288 $37,159 $7,381 $29,778
2020 $7,414 $37,159 $7,381 $29,778
2019 $7,313 $41,288 $7,381 $33,907
2018 $8,044 $37,537 $6,384 $31,153
2017 $7,870 $37,537 $6,384 $31,153
2016 $8,596 $37,537 $6,384 $31,153
2015 $10,150 $37,497 $5,586 $31,911
2014 $9,743 $37,497 $5,586 $31,911
2013 $9,448 $37,497 $5,586 $31,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11689628

Midwest Real Estate Data (MRED)

APN: 09-23-303-026-0000