1124 Lake St Unit 507 Oak Park, IL 60301
2
Beds
2.5
Baths
1,742
Sq Ft
$535/mo
HOA Fee
Highlights
- Balcony
- 3-minute walk to Harlem/Lake Station (Green Line)
- Resident Manager or Management On Site
- Oliver W Holmes Elementary School Rated A-
- 2 Car Attached Garage
- 3-minute walk to Cummings Square
About This Home
As of April 2023Welcome to the 1120 Club! This condo is in the best location in downtown Oak Park. Out your door and you are in the midst of Oak Park's shops, restaurants, parks and festivals. You are just one block from the Green Line and the Metra west line trains. This two bedroom, two and one half bath condominium has an east facing balcony. In unit full size washer and dryer are conveniently located in your utility room. Freshly painted and professionally cleaned. Move in tomorrow! This spacious fifth floor unit has 1,742 square feet. Access your unit from one of the two elevators in the building. Two deeded garage parking spaces are in the attached garage on the lower level. FFC health club is in the building with state of the art equipment and a pool. There is a separate membership fee. But, what can be better than a health club in your building a few floors below? Holley Court parking garage is conveniently located behind the building for easy parking for your guests. No rentals allowed.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,606
Year Built
- Built in 2005
HOA Fees
- $535 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,742 Sq Ft Home
- Combination Dining and Living Room
- Laminate Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Oliver W Holmes Elementary Schoo
- Gwendolyn Brooks Middle School
- Oak Park & River Forest High Sch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 44 Units
- Maxine Voss Association, Phone Number (312) 829-8900
- Property managed by First Community Mgt.
- 7-Story Property
Pet Policy
- Pets up to 25 lbs
- Limit on the number of pets
- Pet Size Limit
- Pet Deposit Required
- Dogs and Cats Allowed
Additional Features
- Resident Manager or Management On Site
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2023
Closed on
Mar 27, 2023
Sold by
Li Kailiang and Li Jingheng
Bought by
Atkins Elizabeth
Seller's Agent
Ann Keeney
Baird & Warner
Buyer's Agent
Michael McCallum
Baird & Warner
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%
Views
285
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
$59,780
Avg. Annual Appreciation
6.67%
Original Mortgage
$75,000
Outstanding Balance
$68,190
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$390,301
Purchase Details
Listed on
Sep 15, 2020
Closed on
Dec 18, 2020
Sold by
So Holdings Llc Series V
Bought by
Jia Jingheng and Li Kailiang
Seller's Agent
Jeffrey Steinberg
Beaulieu Real Estate
Buyer's Agent
Maribeth Smith
L.W. Reedy Real Estate
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$255,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2011
Sold by
F C Pilgrim & Company
Bought by
So Holdings Llc Series V
Purchase Details
Closed on
Aug 29, 2007
Sold by
1120 Club Llc
Bought by
F C Pilgrim & Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,600
Interest Rate
8.25%
Mortgage Type
Unknown
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $395,000 | None Listed On Document | |
| Warranty Deed | $375,000 | Heritage Title | |
| Warranty Deed | $200,500 | Prairie Title Inc | |
| Special Warranty Deed | $537,000 | Git |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | New Conventional | |
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $429,600 | Unknown | |
| Previous Owner | $230,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $395,000 | -1.3% | $227 / Sq Ft |
| 02/27/2023 02/27/23 | Price Changed | $400,000 | -4.5% | $230 / Sq Ft |
| 02/07/2023 02/07/23 | For Sale | $419,000 | +11.7% | $241 / Sq Ft |
| 12/23/2020 12/23/20 | Sold | $375,000 | -3.2% | -- |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- |
| 11/13/2020 11/13/20 | Price Changed | $387,500 | -3.1% | -- |
| 11/03/2020 11/03/20 | Price Changed | $399,900 | -3.1% | -- |
| 10/09/2020 10/09/20 | Price Changed | $412,900 | -2.8% | -- |
| 09/15/2020 09/15/20 | For Sale | $425,000 | -- | -- |
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 | $11,441 | $35,096 | $980 | $34,116 |
| 2023 | $7,457 | $35,096 | $980 | $34,116 |
| 2022 | $7,457 | $19,421 | $754 | $18,667 |
| 2021 | $7,267 | $19,420 | $754 | $18,666 |
| 2020 | $7,089 | $19,420 | $754 | $18,666 |
| 2019 | $7,651 | $19,941 | $678 | $19,263 |
| 2018 | $7,364 | $19,941 | $678 | $19,263 |
| 2017 | $7,618 | $21,091 | $678 | $20,413 |
| 2016 | $7,017 | $17,434 | $570 | $16,864 |
| 2015 | $6,287 | $17,434 | $570 | $16,864 |
| 2014 | $6,831 | $20,384 | $570 | $19,814 |
| 2013 | $5,998 | $18,430 | $570 | $17,860 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Ann Keeney
Baird Warner
(708) 267-4795
24 in this area
42 Total Sales
-
Buyer's Agent in 2023
Michael McCallum
Baird Warner
(773) 368-0929
3 in this area
135 Total Sales
-
Buyer Co-Listing Agent in 2023
Becky Mccallum
Baird Warner
(773) 426-1133
1 in this area
65 Total Sales
-
J
Seller's Agent in 2020
Jeffrey Steinberg
Beaulieu Real Estate
(773) 853-2006
5 in this area
71 Total Sales
-
M
Buyer's Agent in 2020
Maribeth Smith
L.W. Reedy Real Estate
1 in this area
18 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11714240
APN: 16-07-119-033-1020
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