$103,000
SOLD APR 8, 2024

1940 Cherry Ln Unit 212 Northbrook, IL 60062

1 Bed
1 Bath
600 Sq Ft
$342/mo HOA Fee

Recently Sold

$172 Per Sq Ft

18% Below List Price

5 Days on Market

Highlights

  • Dogs and Cats Allowed
  • Greenbriar Elementary School Rated A
  • Senior Tax Exemptions

About This Home

As of April 2024

Calling all buyers and investors! This condo is waiting for your personal touch! Featuring 1 bedroom, 1 bathroom, plus a storage space and an assigned parking spot, it's the perfect opportunity to customize to your liking. Situated in a prime location, this complex is close to the Metra, Sunset Foods, and across from the Farmers Market in season. Affordable living in the heart of Northbrook's bustling "in town" area. Currently no rental restrictions. Not FHA approved.

Last Agent to Sell the Property

Carrie Goodman

@properties Christie's International Real Estate License #475132705 Listed on: 03/06/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Darin Marcus

Marcus Real Estate Group License #471010991

Property Details

Home Type

  • Condominium

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Space is Owned
  • Assigned Parking

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Mike Association, Phone Number (847) 504-8000
  • Property managed by RAESIDE COMMUNITY MANAGEMENT LTD.

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 600
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: Square footage is not confirmed.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 342
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: RAESIDE COMMUNITY MANAGEMENT LTD.
  • Management Contact Name: Mike
  • Management Phone: 847-504-8000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 28

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 8, 2024
Sold by
Pappas Amelia M
Bought by
Zheng Chang and Szeto Bonnie
Seller's Agent
Carrie Goodman
@properties Christie's International Real Estate
Buyer's Agent
Darin Marcus
Marcus Real Estate Group
List Price
$125,000
Sold Price
$103,000
Premium/Discount to List
-$22,000
-17.6%
Views
4
Current Estimated Value
$138,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,245
Avg. Annual Appreciation
12.16%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $103,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Rented $1,400 +3.7% --
06/04/2024 06/04/24 Under Contract -- -- --
06/01/2024 06/01/24 For Rent $1,350 0.0% --
04/08/2024 04/08/24 Sold $103,000 -17.6% $172 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $125,000 -- $208 / 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 -- $12,701 $1,376 $11,325
2023 -- $12,701 $1,376 $11,325
2022 $0 $12,701 $1,376 $11,325
2021 $1,871 $11,019 $1,111 $9,908
2020 $1,871 $11,019 $1,111 $9,908
2019 $0 $12,129 $1,111 $11,018
2018 $1,871 $7,988 $635 $7,353
2017 $0 $7,988 $635 $7,353
2016 $196 $7,988 $635 $7,353
2015 $227 $7,042 $820 $6,222
2014 $213 $7,042 $820 $6,222
2013 $144 $7,042 $820 $6,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11992180

Midwest Real Estate Data (MRED)

APN: 04-10-118-017-1052