NOT LISTED FOR SALE

1551 Monroe Ave Unit 2 River Forest, IL 60305

Estimated Value: $161,000 - $199,000

2 Beds
1 Bath
1,022 Sq Ft
$230/mo HOA Fee

Last Sold March 20, 2020

Last sale price $70,000 $68 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,560/month

32 Days on Market

Highlights

  • Property is near a bus stop
  • Willard Elementary School Rated A
  • Hot Water Heating System

About This Home

As of March 2020

OPPORTUNITY KNOCKS!!! SHORT SALE! LARGE LIVING RM, SEPARATE DINE. CLOSE TO EVERYTHING: SCHOOLS and UNIVERSITIES, SHOPS, ENTERTAINMENT, TRANSPORTATION. SHOW AND MAKE OFFER. SHORT SALE. ALLOW TIME FOR LENDER APPROVAL. RENTABLE

Last Agent to Sell the Property

Jack Lattner

Compass License #475157613 Listed on: 05/23/2019

Compass

Last Buyer's Agent

Alan Liu

Concentric Realty, Inc License #475184592

Concentric Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,971

Year Built

  • 1952

Lot Details

  • 0.53

HOA Fees

  • $230 per month

Home Design

  • Brick Exterior Construction

Location

  • Property is near a bus stop

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,971

Year Built

1952

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1952
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1022

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 230
  • Management Contact Name: Greg Marsey
  • Management Phone: 708-642-1468

Fee Information

  • Management Company: Paramount Property

Schools

  • School District: 200
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 15012020281015

Multi Family

  • Total Number Unitsin Building: 30
  • Number Stories: 3

Tax Info

  • Taxes: 3549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jan 30, 2020
Sold by
Jones Timothy and Jones Evelyn
Bought by
Casl Investment Llc
Seller's Agent
Jack Lattner
Compass
Buyer's Agent
Alan Liu
Concentric Realty, Inc
List Price
$90,000
Sold Price
$70,000
Premium/Discount to List
-$20,000
-22.22%
Current Estimated Value
$180,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,992
Avg. Annual Appreciation
19.08%

Purchase Details

Closed on
May 12, 2006
Sold by
Jones Timothy
Bought by
Jones Timothy and Jones Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
9.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2004
Sold by
Serrano Arturo
Bought by
Jones Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2001
Sold by
Seiwert Gerard and Laudati Katherine
Bought by
Serrano Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.18%

Purchase Details

Closed on
Nov 16, 2000
Sold by
Federal National Mortgage Association
Bought by
Seiwert Gerard and Laudati Kathrine

Purchase Details

Closed on
Sep 21, 2000
Sold by
Trimarco
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Casl Investment Llc $70,000 Prairie Title
Jones Timothy -- Law Title Insurance
Jones Timothy $135,000 Pntn
Serrano Arturo $85,000 --
Seiwert Gerard $65,000 --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Timothy $157,700
Previous Owner Jones Timothy $108,000
Previous Owner Serrano Arturo $25,000
Previous Owner Serrano Arturo $81,500
Previous Owner Serrano Arturo $80,750
Closed Jones Timothy $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $70,000 0.0% $68 / Sq Ft
12/31/2019 12/31/19 Off Market $70,000 -- --
06/24/2019 06/24/19 Pending -- -- --
06/22/2019 06/22/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $90,000 -- $88 / 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 $3,971 $14,509 $1,195 $13,314
2023 $3,506 $14,509 $1,195 $13,314
2022 $3,506 $10,857 $1,175 $9,682
2021 $3,376 $10,856 $1,175 $9,681
2020 $3,299 $10,856 $1,175 $9,681
2019 $3,763 $12,120 $1,077 $11,043
2018 $3,562 $12,120 $1,077 $11,043
2017 $3,549 $12,120 $1,077 $11,043
2016 $1,828 $5,684 $900 $4,784
2015 $1,796 $5,684 $900 $4,784
2014 $1,645 $5,684 $900 $4,784
2013 $3,352 $11,881 $900 $10,981
Source: Public Records

Agents Affiliated with this Home

  • Jack Lattner

    Seller's Agent in 2020

    Jack Lattner

    Compass

    (630) 336-4080

    1 in this area

    19 Total Sales

    Jack Lattner
    Section Image
  • Alan Liu

    Buyer's Agent in 2020

    Alan Liu

    Concentric Realty, Inc

    (630) 550-6068

    1 in this area

    9 Total Sales

    Alan Liu
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10389816

Midwest Real Estate Data (MRED)

APN: 15-01-202-028-1015

Illinois Cook County River Forest 60305

1551 Monroe Ave Unit 2, River Forest, IL

This home is located at 1551 Monroe Ave Unit 2, River Forest, IL 60305 since 23 May 2019 and is currently estimated at $180,992, approximately $177 per square foot. This property was built in 1952. 1551 Monroe Ave Unit 2 is a home located in Cook County with nearby schools including Willard Elementary School, Roosevelt Middle School, and Oak Park and River Forest High School.

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