NOT LISTED FOR SALE

1240 S Lorraine Rd Unit 3D Wheaton, IL 60189

Southeast Wheaton Neighborhood

Estimated Value: $166,000 - $184,462

2 Beds
1 Bath
1,050 Sq Ft
$281/mo HOA Fee

Last Sold April 26, 2022

Last sale price $130,000 $124 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,435/month

8 Days on Market

Highlights

  • Lock-and-Leave Community
  • Back to Public Ground
  • Stainless Steel Appliances
  • Lincoln Elementary School Rated A
  • End Unit
  • 2-minute walk to Presidents Park

About This Home

As of April 2022

Sparkling clean and updated 2 bedroom, 3rd floor condo. Newer stainless steel appliances, cherry cabinets, newer laminate flooring throughout, Anderson windows and sliding glass door. Eat-in kitchen. Heat and water included in the HOA. Well managed building with New coin-op laundry, bike storage and locked storage space in building. Assigned Parking with plenty of visitor parking and outdoor space, as well as a great park right behind the building. This one is move-in ready. Rentals are allowed, however the rental cap has been met at this time.

Last Listed By

Susie Mackay

@properties Christie's International Real Estate License #475162423 Listed on: 03/18/2022

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1974

Lot Details

  • Back to Public Ground
  • End Unit

HOA Fees

  • $281 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,050 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Lincoln Elementary School
  • Edison Middle School
  • Wheaton Warrenville South H S High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Ashley Guiney Association, Phone Number (630) 985-2500
  • Property managed by MC Property Mgmt. Co.
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 15 lbs
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,303

Year Built

Built in 1974

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Storage
  • LivingArea: 1050
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1050
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 118000
  • Lot Features: Common Grounds, Backs to Public GRND
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 281
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MC Property Mgmt. Co.
  • Management Contact Name: Ashley Guiney
  • Management Phone: 630-985-2500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Wheaton Warrenville South H S
  • Middle/Junior School: Edison Middle School
  • Middle/Junior School District: 200

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 15

Tax Info

  • Tax Annual Amount: 2302.74
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2025
Sold by
Chen Mei Yu
Bought by
Mei Yu Chen Trust and Heidecke
Total Days on Market
8
Current Estimated Value
$172,866

Purchase Details

Closed on
Nov 13, 2023
Sold by
Mcluckie Robert David
Bought by
Chen Mei Yu

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 15, 2020
Sold by
Midland Ira Inc
Bought by
Corpe Melanie
Seller's Agent
Pattie Murray
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susie Mackay
@properties Christie's International Real Estate
List Price
$105,000
Sold Price
$103,000
Premium/Discount to List
-$2,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$82,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Branch Thomas C and Branch Anne K
Bought by
Entrust Ira Administration Inc and Joseph Consell Ira 16-32192

Purchase Details

Closed on
Nov 22, 2002
Sold by
Hasan Sohail and Hasan Juvaria
Bought by
Branch Thomas C and Branch Anne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.01%

Purchase Details

Closed on
Aug 25, 1999
Sold by
Lausmann Ota and Lausmann Beatrix
Bought by
Hasan Sahail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,175
Interest Rate
7.61%

Purchase Details

Closed on
Jul 26, 1995
Sold by
Byrd Allen C and Byrd Myounghee K
Bought by
Lausmann Ota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,910
Interest Rate
7.51%

Range of Values:

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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
Mei Yu Chen Trust -- None Listed On Document
Chen Mei Yu -- None Listed On Document
Corpe Melanie $103,000 Attorney
Entrust Ira Administration Inc $75,000 Fidelity National Title
Branch Thomas C $99,000 First American Title
Hasan Sahail $66,500 Djh Title & Abstract
Lausmann Ota $60,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corpe Melanie $82,400
Previous Owner Branch Thomas C $50,874
Previous Owner Branch Thomas C $78,000
Previous Owner Hasan Sahail $63,175
Previous Owner Lausmann Ota $53,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $130,000 +10.2% $124 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $118,000 0.0% $112 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $118,000 +14.6% $112 / Sq Ft
12/16/2020 12/16/20 Sold $103,000 -1.9% $98 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $105,000 -- $100 / 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
2023 $2,343 $42,670 $5,610 $37,060
2022 $1,900 $33,430 $5,300 $28,130
2021 $1,885 $32,630 $5,170 $27,460
2020 $2,303 $32,320 $5,120 $27,200
2019 $2,252 $31,460 $4,980 $26,480
2018 $1,983 $27,380 $4,330 $23,050
2017 $1,812 $24,420 $3,860 $20,560
2016 $1,792 $23,450 $3,710 $19,740
2015 $1,783 $22,370 $3,540 $18,830
2014 $2,923 $36,050 $3,510 $32,540
2013 $2,848 $36,160 $3,520 $32,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11350691

Midwest Real Estate Data (MRED)

APN: 05-22-132-034