NOT LISTED FOR SALE

224 S Oak Park Ave Unit 5D Oak Park, IL 60302

Estimated Value: $258,000 - $322,000

2 Beds
2 Baths
-- Sq Ft
$408/mo HOA Fee

Last Sold August 10, 2021

Last sale price $230,000

Est. 25% increase in value since last sale

Current estimated payment $2,357/month

4 Days on Market

Highlights

  • 1 Car Detached Garage
  • 4-minute walk to Oak Park Station (Green Line)
  • Resident Manager or Management On Site
  • Oliver W Holmes Elementary School Rated A-
  • Walk-In Closet
  • 1-minute walk to Randolph Park

About This Home

As of August 2021

Amazing 2 Bedroom, 2 Bath condo in Prime Oak Park location. Tons of bright Sunlight in all of the rooms from this top floor unit. This is an elevator building. Beautiful bathrooms with a HUGE walk in closet. New flooring throughout and Newer W/D in unit. This condo comes with a one car garage. Walk to restaurants, coffee shops, and bars!

Last Agent to Sell the Property

Joseph Kotoch

Compass License #475158180 Listed on: 06/03/2021

Compass

Co-Listed By

Jordan Fuller

Keller Williams ONEChicago License #475183362

Last Buyer's Agent

Tamika Davis

Realty of America, LLC License #475140798

Realty of America, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,786

Year Built

  • Built in 1971

Lot Details

  • 0.42

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

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

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 21 Units
  • Timothy Davis Association, Phone Number (708) 386-7355
  • Property managed by M&M Management
  • 5-Story Property

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,786

Year Built

Built in 1971

Lot Details

0

HOA Fees

$408 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1971
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 230000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ (Window/Wall Unit)
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 408
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: M&M Management
  • Management Contact Name: Timothy Davis
  • Management Phone: 708-386-7355

Fee Information

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

Schools

  • Middle/Junior School District: 97

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6786.12
  • Tax Year: 2019

Multi Family

  • Units in Building: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 29, 2021
Sold by
Mcguire Meghan
Bought by
Okraku Gustav H and Okraku Awuraa
Seller's Agent
Joseph Kotoch
Compass
Buyer's Agent
Tamika Davis
Realty of America, LLC
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$286,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,808
Avg. Annual Appreciation
5.44%
Original Mortgage
$218,500
Outstanding Balance
$198,951
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$87,857

Purchase Details

Closed on
Nov 6, 2017
Sold by
Herron Nathaniel
Bought by
Mcguire Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1999
Sold by
Salvador Patricia E
Bought by
Arnold Lula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
7.97%

Purchase Details

Closed on
Mar 31, 1999
Sold by
Wagner William H
Bought by
Salvador Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6.89%
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
Okraku Gustav H $230,000 Attorney
Mcguire Meghan $163,000 First American Title Insuran
Arnold Lula M $131,000 Chicago Title Insurance Co
Salvador Patricia E $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okraku Gustav H $218,500
Previous Owner Mcguire Meghan $146,700
Previous Owner Arnold Lula M $104,800
Previous Owner Salvador Patricia E $101,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $230,000 0.0% --
06/08/2021 06/08/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $230,000 -- --
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 $5,151 $21,770 $1,186 $20,584
2023 $4,667 $21,770 $1,186 $20,584
2022 $4,667 $18,310 $720 $17,590
2021 $6,851 $18,310 $720 $17,590
2020 $6,684 $18,310 $720 $17,590
2019 $6,786 $17,688 $656 $17,032
2018 $6,532 $17,688 $656 $17,032
2017 $6,389 $17,688 $656 $17,032
2016 $3,662 $13,380 $550 $12,830
2015 $1,841 $13,380 $550 $12,830
2014 $1,675 $13,380 $550 $12,830
2013 $1,665 $15,969 $550 $15,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11109228

Midwest Real Estate Data (MRED)

APN: 16-07-406-022-1020