NOT LISTED FOR SALE

1540 Park Ave Unit 2C River Forest, IL 60305

Estimated Value: $138,000 - $177,000

1 Bed
1 Bath
900 Sq Ft
0.29 Acres Lot

Sale Details

Date Sold: March 29, 2022

Last sale price $103,000 $114 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,362 / mo

62 Days on Market

Highlights

  • Living Room
  • Central Air
  • Dogs and Cats Allowed
  • Willard Elementary School Rated A

About This Home

As of March 2022

Beautiful, bright move in ready condo with customized Murphy Wall-Bed located in desirable River forest. Separate private storage in the building with 2 parking spaces. Free laundry, heat, air, and trash are among the benefits covered by the monthly assessment. Steps away from restaurants, parks, shops, and public transportation (bus). The Green Line is an 8-minute drive and the River Forest schools is a definite plus! Owner can rent. Roof has a new layer done in 2018 along with re-insulation and the unit has newer updates.

Last Agent to Sell the Property

Luis Vargas

Coldwell Banker Realty License #475167940 Listed on: 12/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Swati Saxena

Baird & Warner License #471003778

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,379

Year Built

  • Built in 1961 | Remodeled in 2020

Lot Details

  • 0.29

HOA Fees

  • $309 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Oak Park & River Forest High Sch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Donna Murray Association, Phone Number (262) 705-0722

Amenities

  • Common Area

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,379

Year Built

Built in 1961 | Remodeled in 2020

Lot Details

0.29 Acres

HOA Fees

$309 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: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2020

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 309
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Donna Murray
  • Management Phone: 262-705-0722
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: Oak Park & River Forest High Sch

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: 30

Tax Info

  • Tax Annual Amount: 2378.62
  • Tax Year: 2020

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Apr 4, 2022
Sold by
Varchetto Frank D
Bought by
Bonner Chelsea C
Seller's Agent
Luis Vargas
Coldwell Banker Realty
Buyer's Agent
Swati Saxena
Baird & Warner
List Price
$134,999
Sold Price
$103,000
Premium/Discount to List
-$31,999
-23.7%
Current Estimated Value
$152,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,538
Avg. Annual Appreciation
10.00%
Original Mortgage
$4,120
Outstanding Balance
$3,836
Interest Rate
3.92%
Mortgage Type
Stand Alone Second
Estimated Equity
$148,702

Purchase Details

Listed on
Dec 18, 2021
Closed on
Mar 28, 2022
Sold by
Varchetto Frank D
Bought by
Bonner Chelsea C
Seller's Agent
Luis Vargas
Coldwell Banker Realty
Buyer's Agent
Swati Saxena
Baird & Warner
List Price
$134,999
Sold Price
$103,000
Premium/Discount to List
-$31,999
-23.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,120
Outstanding Balance
$3,836
Interest Rate
3.92%
Mortgage Type
Stand Alone Second
Estimated Equity
$148,702

Purchase Details

Closed on
Dec 28, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Varchetto Frank D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,305
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2007
Sold by
Lucarz Sylvia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 17, 2001
Sold by
Firstar Bank Na
Bought by
Lucacz Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.92%

Purchase Details

Closed on
May 26, 1994
Sold by
Kromeich Angeline
Bought by
Midwest Bank & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.38%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Bonner Chelsea C $103,000 --
Bonner Chelsea C $103,000 None Listed On Document
Bonner Chelsea C $103,000 None Listed On Document
Bonner Chelsea C $103,000 --
Varchetto Frank D $92,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Lucacz Sylvia M $127,000 --
Midwest Bank & Trust Company -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Bonner Chelsea C $4,120
Closed Bonner Chelsea C $4,120
Open Bonner Chelsea C $99,910
Closed Bonner Chelsea C $99,910
Previous Owner Varchetto Frank D $87,305
Previous Owner Lucacz Sylvia M $117,000
Previous Owner Midwest Bank & Trust Company $120,000
Closed Bonner Chelsea C $4,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $103,000 -23.7% $114 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
12/18/2021 12/18/21 For Sale $134,999 -- $150 / 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 $2,881 $10,525 $990 $9,535
2024 $2,881 $10,525 $990 $9,535
2023 $2,425 $10,525 $990 $9,535
2022 $2,425 $10,931 $1,196 $9,735
2021 $2,363 $10,930 $1,195 $9,735
2020 $2,379 $10,930 $1,195 $9,735
2019 $2,024 $9,948 $1,092 $8,856
2018 $1,914 $9,948 $1,092 $8,856
2017 $1,925 $9,948 $1,092 $8,856
2016 $2,018 $8,771 $907 $7,864
2015 $1,943 $8,771 $907 $7,864
2014 $1,796 $8,771 $907 $7,864
2013 $2,006 $9,738 $907 $8,831
Source: Public Records

Agents Affiliated with this Home

  • Luis Vargas

    Seller's Agent in 2022

    Luis Vargas

    Coldwell Banker Realty

    (773) 616-0572

    1 in this area

    15 Total Sales

    Luis Vargas
    Section Image
  • Swati Saxena

    Buyer's Agent in 2022

    Swati Saxena

    Baird Warner

    (847) 477-3655

    12 in this area

    234 Total Sales

    Swati Saxena
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11291480

Midwest Real Estate Data (MRED)

APN: 15-01-103-082-1007

Illinois Cook County River Forest 60305

1540 Park Ave Unit 2C, River Forest, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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