NOT LISTED FOR SALE

Oak Court Condominiums 1501 Oak Ave Unit 405 Evanston, IL 60201

Downtown Evanston Neighborhood

Estimated Value: $304,000 - $380,569

2 Beds
2 Baths
1,400 Sq Ft
$494/ mo HOA Fee

Last Sold June 30, 2021

Last sale price $250,000 $179 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,802/month

8 Days on Market

Highlights

  • Lock-and-Leave Community
  • Corner Lot
  • 1 Car Attached Garage
  • Dewey Elementary School Rated A
  • Balcony
  • 1-minute walk to Merrick Rose Garden

About This Home

As of June 2021

Picture what this condo could be once you've updated it to match your personal preferences! To be clear, this is a 2 cats per unit building, no dogs. So long as you're OK with that - let your imagination run wild! When it's cold outside you enjoy the gas fireplace, and you're delighted that the elevator takes you down to your cozy garage parking space. No running through the rain to your car, no scraping off ice or getting into a hot car that's been sitting in the sun. On warm days you sit on your private balcony, perhaps you grill your dinner and enjoy the evening breeze. If it's HOT, you stay in, turn on the central air, maybe watch a movie. Laundry is in the 2nd bathroom - no sharing, no hauling clothes, no one moving your stuff when you forget to change the loads! Use your imagination - what will you do when you renovate? Will you open up the kitchen, add an island, granite, and high end appliances? Or will you just update the appliances and leave the kitchen separated from the living space? Will you replace the carpet with hardwood? Or just instead install new, plush carpet that's squishy beneath your bare feet? The bathrooms provide more options for your creativity. Perhaps a steam shower? A jetted tub? Maybe a bathroom mirror with an integrated TV or Alexa? Or both? Priced to sell as-is and ready to become whatever you imagine it to be, this prime location in the Dewey and Nichols school districts and just on the edge of downtown Evanston can be your dream home! Vacant and ready to go, schedule your showing today! Did I mention that Bennison's Bakery is just 3 blocks away?

Last Agent to Sell the Property

Sara McMurray

Coldwell Banker License #475105955 Listed on: 04/20/2021

Coldwell Banker

Co-Listed By

Erin Booker

Compass License #475192053

Last Buyer's Agent

Helen Bailey

Pioneer Realty Group LLC License #471019249

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1980

Lot Details

  • 1.34

HOA Fees

  • $494 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Schools

  • Dewey Elementary School
  • Nichols Middle School
  • Evanston Twp High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

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

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 69 Units
  • Lidia Schahczinski Association, Phone Number (847) 324-8986
  • Oak Court Condominiums Subdivision
  • Property managed by Cagan
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 15 lbs
  • Limit on the number of pets
  • Cats Allowed

Security

  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,197

Year Built

Built in 1980

Lot Details

1.34 Acres

HOA Fees

$494 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Oak Court Condominiums
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Disposal, Trash Compactor
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage
  • Other Equipment: Intercom, Fire Sprinklers
  • Room Type: Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 1400
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 1400
  • Door Features: Sliding Doors,Sliding Glass Door(s)

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Balcony, Storms/Screens
  • Lot Features: Common Grounds, Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, In Unit, In Bathroom
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 494
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cagan
  • Management Contact Name: Lidia Schahczinski
  • Management Phone: 847-324-8986

Fee Information

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

Schools

  • Elementary School: Dewey Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Nichols Middle School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 15

Tax Info

  • Tax Annual Amount: 3197.37
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 11, 2021
Sold by
Gast Janeice M and Kessem Cynthia A
Bought by
Bailey Maria S and The Maria S Bailey Living Trus
Seller's Agent
Sara McMurray
Coldwell Banker
Buyer's Agent
Helen Bailey
Pioneer Realty Group LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$349,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,642
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Gast Janice M
Bought by
Janice M Gast Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,650
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Looi Pi Wen
Bought by
Gast Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,650
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2001
Sold by
Schaeffer Daniel J and Schaeffer Julie Ann
Bought by
Ellis Robert J and Ellis Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.72%

Purchase Details

Closed on
Apr 28, 1998
Sold by
Eftekhar Kambiz
Bought by
Schaeffer Daniel J and Levin Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bailey Maria S $250,000 Old Republic Title
Janice M Gast Declaration Of Trust -- None Available
Gast Janice M $327,000 First American Title
Ellis Robert J $257,500 Chicago Title Insurance Co
Schaeffer Daniel J $175,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gast Janice M $310,650
Previous Owner Ellis Robert J $206,000
Previous Owner Schaeffer Daniel J $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $250,000 0.0% $179 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $250,000 -- $179 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $5,274 $28,072 $2,070 $26,002
2024 $5,274 $27,754 $1,752 $26,002
2023 $5,017 $27,754 $1,752 $26,002
2022 $5,017 $27,754 $1,752 $26,002
2021 $3,148 $25,225 $1,154 $24,071
2020 $2,893 $25,225 $1,154 $24,071
2019 $2,862 $27,847 $1,154 $26,693
2018 $3,352 $23,452 $955 $22,497
2017 $3,208 $23,452 $955 $22,497
2016 $3,757 $23,452 $955 $22,497
2015 $4,182 $20,141 $776 $19,365
2014 $4,056 $20,141 $776 $19,365
2013 $4,056 $20,141 $776 $19,365
Source: Public Records

Agents Affiliated with this Home

  • Sara McMurray

    Seller's Agent in 2021

    Sara McMurray

    Coldwell Banker

    (847) 710-4357

    4 in this area

    67 Total Sales

    Sara McMurray
    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Erin Booker

    Compass

    Section Image
  • Helen Bailey

    Buyer's Agent in 2021

    Helen Bailey

    Pioneer Realty Group LLC

    (773) 454-5583

    2 in this area

    54 Total Sales

    Helen Bailey
    Section Image
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About Oak Court Condominiums

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11059653

Midwest Real Estate Data (MRED)

APN: 11-18-315-017-1046

Illinois Cook County Evanston 60201 Downtown Evanston

1501 Oak Ave Unit 405, Evanston, IL

Not Listed for Sale

Condos

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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