NOT LISTED FOR SALE

1986 Cherry Ln Unit 16B Northbrook, IL 60062

Estimated Value: $223,000 - $284,000

2 Beds
1.5 Baths
1,210 Sq Ft
$283/mo HOA Fee

Last Sold December 12, 2022

Last sale price $172,670 $143 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,136/month

38 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Resident Manager or Management On Site
  • Greenbriar Elementary School Rated A
  • Living Room
  • Entrance Foyer

About This Home

As of December 2022

FANTASTIC 2 bedroom, 1.1 bathroom condo located in the heart of downtown Northbrook! This highly-desired corner unit features an open-concept layout with plenty of windows boasting the interior with ample natural light! The spacious unit provides over 1,200 square feet of living space with a generous sized living room/dining room combo that features beautiful built-ins and hardwood floors throughout! The galley-style kitchen offers plenty of cabinet and counter space, ideal for all storage needs! Both bedrooms are perfectly-sized with plenty of closet and storage space. The guest bedroom can also be utilized as a den (or) office/study space! The unit offers a large full bathroom and powder room with updated toilets (2016). The unit also includes a replaced water heater (2017). The well-maintained building provides storage and coin laundry located in the basement! The building also includes 1 parking space located in the designated lot behind the property! Building assessments include common insurance, parking, exterior maintenance, lawn care, snow removal and scavenger! The building is conveniently located in the heart of downtown Northbook near beautiful forest preserves, parks, great schools, and entertainment with plenty of shopping centers / restaurants nearby! The building is also steps away from all public transportation with easy access to Interstate I-294/I-94! This home is a must see, don't miss out!

Last Agent to Sell the Property

Sohail Salahuddin

eXp Realty License #471012075 Listed on: 10/06/2022

eXp Realty

Last Buyer's Agent

Julie Schultz

@properties Christie's International Real Estate License #475177564

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1963

Lot Details

  • End Unit

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,210 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Open Floorplan
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Greenbriar Elementary School
  • Northbrook Junior High School
  • Glenbrook North High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Julie Mckenzie Association, Phone Number (847) 813-5939
  • Cherry Lane Subdivision, Condo Floorplan
  • Property managed by McKenzie Management Inc.

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,875

Year Built

Built in 1963

Lot Details

0

HOA Fees

$283 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: Cherry Lane
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • 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

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Some Wood Floors, Dining Combo
  • LivingArea: 1210
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1210
  • Basement Description: Other
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1210
  • Total Sq Ft: 1210
  • Main Level Sq Ft: 1210
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 179900
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • 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 Units - 3+
  • Heating: Electric, Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 283
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: McKenzie Management Inc.
  • Management Contact Name: Julie McKenzie
  • Management Phone: 847-813-5939
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Greenbriar Elementary School
  • High School: Glenbrook North High School
  • Middle/Junior School: Northbrook Junior High School
  • Middle/Junior School District: 28

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 3874.97
  • Tax Year: 2020

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 12, 2022
Sold by
Vincent J White Trust
Bought by
Frisone Linda and Gamber William
Seller's Agent
Sohail Salahuddin
eXp Realty
Buyer's Agent
Julie Schultz
@properties Christie's International Real Estate
List Price
$179,900
Sold Price
$172,670
Premium/Discount to List
-$7,230
-4.02%
Views
70
Current Estimated Value
$262,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,187
Avg. Annual Appreciation
14.71%
Original Mortgage
$112,670
Outstanding Balance
$101,049
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$147,711

Purchase Details

Closed on
Sep 1, 2010
Sold by
Edgewood Properties Llc
Bought by
White Vincent J and Vincent J White Trust

Purchase Details

Closed on
May 11, 2010
Sold by
Quinlisk Thomas E and Quinlisk John J
Bought by
Edgewood Properties Llc

Purchase Details

Closed on
Apr 5, 2002
Sold by
Kowols John Kurt
Bought by
Quinlisk Thomas E and Quinlisk John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1998
Sold by
Wochner Renee P
Bought by
Kowols John Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,450
Interest Rate
7.26%
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 Buyer Sale Price Title Company
Frisone Linda $173,000 Fidelity National Title
White Vincent J $135,000 First American Title Ins Co
Edgewood Properties Llc $130,000 Chicago Title Insurance Co
Quinlisk Thomas E $151,000 --
Kowols John Kurt $117,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frisone Linda $112,670
Previous Owner Quinlisk Thomas E $0
Previous Owner Quinlisk Thomas E $120,800
Previous Owner Kowols John Kurt $99,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $172,670 -4.0% $143 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $179,900 -- $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 $5,051 $22,111 $2,464 $19,647
2023 $4,899 $22,111 $2,464 $19,647
2022 $4,899 $22,111 $2,464 $19,647
2021 $3,954 $15,828 $1,989 $13,839
2020 $3,875 $15,828 $1,989 $13,839
2019 $3,769 $17,422 $1,989 $15,433
2018 $3,083 $13,164 $1,752 $11,412
2017 $3,003 $13,164 $1,752 $11,412
2016 $2,824 $13,164 $1,752 $11,412
2015 $3,131 $13,217 $1,468 $11,749
2014 $1,925 $13,217 $1,468 $11,749
2013 $1,498 $13,217 $1,468 $11,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11646615

Midwest Real Estate Data (MRED)

APN: 04-10-118-012-1013