NOT LISTED FOR SALE

1555 Monroe Ave Unit 1 River Forest, IL 60305

Estimated Value: $181,000 - $197,000

2 Beds
1 Bath
1,000 Sq Ft
$258/mo HOA Fee

Last Sold March 16, 2023

Last sale price $153,470 $153 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,499/month

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Storage
  • Willard Elementary School Rated A
  • Living Room
  • Dining Room

About This Home

As of March 2023

Welcome to a sun-filled haven in the heart of River Forest. This well-maintained unit has plenty of space to entertain guests with the large living room and two airy bedrooms with natural light. It also has a recently remodeled bathroom and new windows installed in 2018! Plus pedestrian trails abound where you can wander and explore before returning to the comforts of home. Just outside your door find delicious restaurants like the famous Johnnie's Beef, grab your groceries next door at Fresh Thyme Market and chic shopping in downtown Oak Park - or explore its historic streets. Great access to Concordia and Dominican Universities! You'll have convenient assigned parking in the back parking lot, so you never have to worry about finding a spot when you get home after a long day. Come see why this is the ultimate River Forest Condo today! There currently is no rental restriction for this unit, investor friendly!

Last Agent to Sell the Property

Sandra Dita Lopez

Berkshire Hathaway HomeServices Chicago License #475125187 Listed on: 02/13/2023

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Lindsey Collier

Baird & Warner, Inc. License #475193085

Last Buyer's Agent

Crystal Burgos

Pioneer Realty Group LLC License #475191289

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1952

Lot Details

  • 0.53

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Storage

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Schools

  • Oak Park & River Forest High Sch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include security, exterior maintenance, scavenger
  • 29 Units
  • Greg Marsey Association, Phone Number (708) 642-1468
  • Property managed by Paramount Property Management
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 20 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,422

Year Built

Built in 1952

Lot Details

0

HOA Fees

$258 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: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage, Some Carpeting
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1000
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1000
  • Total Sq Ft: 1000
  • Upper Level Sq Ft: 1000
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 149000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 258
  • Association Amenities: Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Paramount Property Management
  • Management Contact Name: Greg Marsey
  • Management Phone: 708-642-1468
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Security, Exterior Maintenance, Scavenger

Schools

  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 1422
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 6, 2023
Sold by
Betty A Sechman Trust and Sechman Betty A
Bought by
Leon Marisol and Quijada Jonathan
Seller's Agent
Sandra Dita Lopez
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Crystal Burgos
Pioneer Realty Group LLC
List Price
$149,000
Sold Price
$153,470
Premium/Discount to List
$4,470
3%
Views
13
Current Estimated Value
$188,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,848
Avg. Annual Appreciation
9.18%
Original Mortgage
$6,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Sechman Betty A
Bought by
Sechman Betty A and Betty A Sechman Trust

Purchase Details

Closed on
Jul 18, 1996
Sold by
Jambrone Joseph P
Bought by
Sechman Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
8.33%
Source: Public Records

Range of Values:

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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
Leon Marisol $153,500 None Listed On Document
Leon Marisol $153,500 None Listed On Document
Sechman Betty A -- Attorney
Sechman Betty A $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leon Marisol $6,000
Closed Quijada Jonathan $6,000
Open Leon Marisol $145,797
Closed Leon Marisol $145,797
Previous Owner Sechman Betty A $45,365
Previous Owner Sechman Betty A $58,000
Closed Leon Marisol $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $153,470 +3.0% $153 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $149,000 -- $149 / 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 $2,406 $14,757 $1,215 $13,542
2023 $1,577 $14,757 $1,215 $13,542
2022 $1,577 $11,041 $1,195 $9,846
2021 $1,362 $11,041 $1,195 $9,846
2020 $2,412 $11,041 $1,195 $9,846
2019 $2,762 $12,327 $1,095 $11,232
2018 $2,613 $12,327 $1,095 $11,232
2017 $2,621 $12,327 $1,095 $11,232
2016 $1,057 $5,782 $916 $4,866
2015 $998 $5,782 $916 $4,866
2014 $930 $5,782 $916 $4,866
2013 $2,668 $12,085 $916 $11,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11717756

Midwest Real Estate Data (MRED)

APN: 15-01-202-028-1020