NOT LISTED FOR SALE

1223 Elgin Ave Unit 2N Forest Park, IL 60130

Estimated Value: $213,000 - $304,000

2 Beds
1 Bath
1,300 Sq Ft
$306/mo HOA Fee

Last Sold July 08, 2019

Last sale price $175,000 $135 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,182/month

4 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Property is near a bus stop
  • Walk-In Closet

About This Home

As of July 2019

Rare opportunity for this classic vintage condo in Forest Park! Located on a quiet residential street, this spacious, light-filled unit is truly move in ready. Offering the best of vintage details including beautiful hardwood floors, art glass, a decorative fireplace with bookshelves, plus modern updates of in-unit laundry with newer Bosch w/d, and generous closet space. The rear balcony offers outdoor space, plus fenced yard with shared patio. Deeded parking included, plus there is an easily rented second space nearby through the Village. Walk to buses and trains, quick access to the expressway.

Last Agent to Sell the Property

Laura Talaske

@properties Christie's International Real Estate Listed on: 05/16/2019

@properties   Christie's International Real Estate

Last Buyer's Agent

Stephanie Eiger

Coldwell Banker Realty License #475149933

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,790

Year Built

  • 1929

Lot Details

  • 6,011

HOA Fees

  • $306 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Walk-In Closet
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price

Location

  • Property is near a bus stop

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,790

Year Built

1929

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1929
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X17, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1300

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 306
  • Management Contact Name: Debbie Steele
  • Management Phone: 708-771-0880

Fee Information

  • Management Company: Dowling Management

Schools

  • School District: 209
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 15242030351002

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 2

Tax Info

  • Taxes: 5306.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 8, 2019
Sold by
Segil Heather and Segil David
Bought by
Drennan Nancy E
Seller's Agent
Laura Talaske
@properties Christie's International Real Estate
Buyer's Agent
Stephanie Eiger
Coldwell Banker Realty
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Current Estimated Value
$261,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,694
Avg. Annual Appreciation
6.65%
Original Mortgage
$65,000
Outstanding Balance
$57,292
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$204,402

Purchase Details

Closed on
Oct 17, 2011
Sold by
Sorenson Liene S and Sorenson Beth I
Bought by
Segil David and Segil Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2002
Sold by
Sorenson Liene S
Bought by
Sorenson Liene S and Sorenson Beth I

Purchase Details

Closed on
Nov 3, 1995
Sold by
Maywood Proviso State Bank
Bought by
Sorenson Liene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,150
Interest Rate
7.65%
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
Drennan Nancy E $175,000 Chicago Title
Segil David $138,000 Prairie Title
Sorenson Liene S -- Dukane Title Insurance Co
Sorenson Liene S $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drennan Nancy E $65,000
Previous Owner Segil David $131,000
Previous Owner Sorenson Liene S $88,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2019 07/08/19 Sold $175,000 -2.2% $135 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $179,000 -- $138 / 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 $5,790 $22,593 $884 $21,709
2023 $4,114 $22,593 $884 $21,709
2022 $4,114 $14,900 $590 $14,310
2021 $3,938 $14,898 $589 $14,309
2020 $3,913 $14,898 $589 $14,309
2019 $5,406 $18,784 $530 $18,254
2018 $5,293 $18,784 $530 $18,254
2017 $5,197 $18,784 $530 $18,254
2016 $4,580 $15,277 $471 $14,806
2015 $4,464 $15,277 $471 $14,806
2014 $4,398 $15,277 $471 $14,806
2013 $4,090 $15,276 $471 $14,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10381964

Midwest Real Estate Data (MRED)

APN: 15-24-203-035-1002