NOT LISTED FOR SALE

Lake Run Condominium 16 E Old Willow Rd Unit 404S Prospect Heights, IL 60070

Forest River Neighborhood

Estimated Value: $160,000 - $175,000

1 Bed
1 Bath
850 Sq Ft
18.22 Acre Lot

Sale Details

Date Sold: February 27, 2025

Last sale price $162,000 $191 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,523 / mo

66 Days on Market

Highlights

  • Community Indoor Pool
  • Tennis Courts
  • Elevator
  • Wheeling High School Rated A
  • Business Center
  • Building Patio

About This Home

As of February 2025

Don't miss this exceptional opportunity to own a 4th-floor condo in the sought-after Lake Run condominium building! This charming home features an oversized east-facing balcony, perfect for soaking in the morning sun. Recent updates include newer AC units, sliding doors, and windows, providing both comfort and peace of mind. The updated bathroom boasts a sleek vanity, while fresh paint throughout adds a modern touch. The kitchen shines with granite countertops, white cabinetry, and stylish new hardware. Situated in a prime location, you're just minutes from Randhurst Village, offering premier shopping, dining, and entertainment options. Outdoor enthusiasts will appreciate easy access to scenic trails, the Des Plaines River, and nearby golf courses. Commuters will love being just 3 minutes from the Prospect Heights Metra station. The investor-friendly building offers excellent amenities, including a large indoor/outdoor pool, multiple tennis courts, patios, and versatile common areas for summer fun or hosting events. Whether you're looking to live in or rent out, this condo checks all the boxes. Act fast-this gem won't last long!

Last Agent to Sell the Property

Michael Graff

Compass License #475188619 Listed on: 11/21/2024

Compass

Last Buyer's Agent

Lyubov Kukhar

KOMAR License #475173495

KOMAR

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,443

Year Built

  • Built in 1965

Lot Details

  • 18.22

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Steam

Community Details

Overview

  • Association fees include heat, water, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 350 Units
  • Lakerunoffice@Gmail.Com Association, Phone Number (847) 757-7171
  • Lake Run Subdivision
  • Property managed by Lake Run condominium association
  • 5-Story Property

Amenities

  • Building Patio
  • Picnic Area
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,443

Year Built

Built in 1965

Lot Details

18.22 Acres

HOA Fees

$305 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Lake Run
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 850
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 305
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Indoor Pool, Pool, Tennis Court(s), Business Center, Laundry, Patio, Picnic Area
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Run condominium association
  • Management Contact Name: lakerunoffice@gmail.com
  • Management Phone: 847-757-7171
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3442.76
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 350

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Feb 27, 2025
Sold by
Bought by
Seller's Agent
Michael Graff
Compass
Buyer's Agent
Lyubov Kukhar
KOMAR
List Price
$155,000
Sold Price
$162,000
Premium/Discount to List
$7,000
4.52%
Views
13
Current Estimated Value
$169,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,041
Avg. Annual Appreciation
3.04%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Forest River, IL

  • Syed Hashmi Real Estate Agent - Guidance Realty

    Syed Hashmi

    Guidance Realty

    (833) 908-3401

    115 Total Sales

    1 in Forest River

    $440,000 Price

    Syed Hashmi
     Section Image
  • Ryan Luu Real Estate Agent - Real People Realty

    Ryan Luu

    Real People Realty

    (708) 859-6910

    176 Total Sales

    1 in Forest River

    $237,000 Price

    Ryan Luu
     Section Image
  • Rafay Qamar Real Estate Agent - Real Broker LLC

    Rafay Qamar

    Real Broker LLC

    (833) 359-9113

    1,069 Total Sales

    2 in Forest River

    $175K - $465K Price Range

    Rafay Qamar
     Section Image
  • Mack Woodcock Real Estate Agent - Coldwell Banker Realty

    Mack Woodcock

    Coldwell Banker Realty

    (224) 479-1860

    26 Total Sales

    2 in Forest River

    $185K - $205K Price Range

    Mack Woodcock
     Section Image
  • Nadiia Glavin Real Estate Agent - Keller Williams ONEChicago

    Nadiia Glavin

    Keller Williams ONEChicago

    (888) 619-2845

    91 Total Sales

    1 in Forest River

    $200,000 Price

    Nadiia Glavin
     Section Image
  • Yevhen Hurtovyi Real Estate Agent - Realta Real Estate

    Yevhen Hurtovyi

    Realta Real Estate

    (773) 570-9695

    233 Total Sales

    1 in Forest River

    $131,000 Price

    Yevhen Hurtovyi
     Section Image
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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
$162,000 First American Title
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $162,000 0.0% $191 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/23/2025 01/23/25 Off Market $162,000 -- --
11/25/2024 11/25/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $155,000 0.0% $182 / Sq Ft
11/22/2024 11/22/24 Price Changed $155,000 -- $182 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 $3,443 $13,372 $1,938 $11,434
2024 $3,443 $10,135 $775 $9,360
2023 $3,224 $10,135 $775 $9,360
2022 $3,224 $10,135 $775 $9,360
2021 $2,514 $6,817 $242 $6,575
2020 $2,438 $6,817 $242 $6,575
2019 $2,469 $7,630 $242 $7,388
2018 $2,067 $5,751 $193 $5,558
2017 $2,030 $5,751 $193 $5,558
2016 $1,909 $5,751 $193 $5,558
2015 $1,650 $4,594 $387 $4,207
2014 $1,608 $4,594 $387 $4,207
2013 $1,497 $4,594 $387 $4,207
Source: Public Records

Agents Affiliated with this Home

  • Michael Graff Real Estate Agent - Compass

    Seller's Agent in 2025

    Michael Graff

    Compass

    (708) 758-4211

    1 in this area

    139 Total Sales

    Michael Graff
    Section Image
  • Lyubov Kukhar Real Estate Agent - KOMAR

    Buyer's Agent in 2025

    Lyubov Kukhar

    KOMAR

    (773) 886-5608

    2 in this area

    37 Total Sales

    Lyubov Kukhar
    Section Image
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About Lake Run Condominium

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12213083

Midwest Real Estate Data (MRED)

APN: 03-24-100-037-1110

Illinois Cook County Prospect Heights 60070 Forest River

16 E Old Willow Rd Unit 404S, Prospect Heights, 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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