NOT LISTED FOR SALE

227 Elgin Ave Unit 5A Forest Park, IL 60130

Estimated Value: $271,000 - $338,000

2 Beds
2 Baths
-- Sq Ft
$328/mo HOA Fee

Last Sold June 16, 2022

Last sale price $255,000

Est. 14% increase in value since last sale

Current estimated payment $2,455/month

6 Days on Market

Highlights

  • End Unit
  • 1 Car Attached Garage
  • Resident Manager or Management On Site
  • Balcony
  • Intercom
  • Entrance Foyer

About This Home

As of June 2022

There's No Place Like Home! Huge foyer welcomes you into this beautifully rehabbed unit (2018) with wood laminate floors throughout. Living room opens to the large balcony with magnificent views of Chicago. The kitchen wall has been opened up to the living room space. Granite counters and SS appliances round out this new kitchen. Both bathrooms have been updated with walk-in shower in the master. 2 huge bedrooms and so many closets with additional storage in the building. This unit also includes 1 garage parking and 1 exterior parking space. Unit is steps away from downtown Madison St. Forest Park restaurants and shopping. Close to Blue and Green Line and Easy I290 access.

Last Agent to Sell the Property

Dorothy Gillian

Berkshire Hathaway HomeServices Chicago License #475141002 Listed on: 05/06/2022

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Anna Gillian Cramer

Berkshire Hathaway HomeServices Chicago License #475172711

Last Buyer's Agent

Patty Reilly-Murphy

@properties Christie's International Real Estate License #475168832

@properties   Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 1977 | Remodeled in 2018

Lot Details

  • 0.31

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring
  • Intercom

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Garfield Elementary School
  • Forest Park Middle School
  • Proviso East High School

Additional Features

  • Balcony
  • End Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 30 Units
  • Mary Swindal Association, Phone Number (708) 488-0757
  • Property managed by Monroe Property Management
  • 6-Story Property

Amenities

  • Coin Laundry
  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,579

Year Built

Built in 1977 | Remodeled in 2018

Lot Details

0

HOA Fees

$328 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: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2018
  • New Construction Y/N: No
  • Rebuilt Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Storage
  • Other Equipment: Intercom
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Assessed 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

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 255000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 328
  • Association Amenities: Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Monroe Property Management
  • Management Contact Name: Mary Swindal
  • Management Phone: 708-488-0757
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Middle/Junior School District: 91
  • Junior High/Middle School #2: Proviso Mathematics and Science Academy
  • Elementary School #2: Grant-White Elementary School

Lot Info

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

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2579.18
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 16, 2022
Sold by
Krause Paul and Krause Karren
Bought by
Picone Joseph
Seller's Agent
Dorothy Gillian
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Patty Reilly-Murphy
@properties Christie's International Real Estate
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$290,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,577
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Oct 29, 2018
Sold by
Raynolds Stephen M
Bought by
Krause Paul and Krause Karren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2010
Sold by
Jagow Beverly
Bought by
Reynolds Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Pett Elfriede M
Bought by
Pett Elfriede M and Elfriede M Pett Declaration Of Trust

Purchase Details

Closed on
Mar 11, 1996
Sold by
American Midwest Bank & Trust
Bought by
Pett Ronald G and Pett Elfriede M
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
Picone Joseph $255,000 Chicago Title
Krause Paul $230,000 Chicago Title
Reynolds Stephen M $180,000 Cti
Pett Elfriede M -- Cti
Pett Ronald G $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krause Paul $172,500
Previous Owner Reynolds Stephen M $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $255,000 0.0% --
05/12/2022 05/12/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $255,000 -- --
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 $6,668 $22,201 $461 $21,740
2023 $2,804 $22,201 $461 $21,740
2022 $2,804 $13,980 $519 $13,461
2021 $2,492 $13,979 $519 $13,460
2020 $2,579 $13,979 $519 $13,460
2019 $3,434 $15,925 $472 $15,453
2018 $4,307 $15,925 $472 $15,453
2017 $4,233 $15,925 $472 $15,453
2016 $4,427 $14,851 $426 $14,425
2015 $4,313 $14,851 $426 $14,425
2014 $4,251 $14,851 $426 $14,425
2013 $3,632 $13,859 $426 $13,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11396639

Midwest Real Estate Data (MRED)

APN: 15-12-427-027-1019