NOT LISTED FOR SALE

227 Elgin Ave Unit 6B Forest Park, IL 60130

Estimated Value: $277,224

2 Beds
2 Baths
1,100 Sq Ft
$327/mo HOA Fee

Last Sold May 15, 2023

Last sale price $256,000 $233 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,358/month

1 Day on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Laundry Room
  • Stainless Steel Appliances
  • Walk-In Closet
  • Storage

About This Home

As of May 2023

Finally! The top-floor remodeled condo with the open concept layout you have been dreaming of! This condo features 2 large bedrooms, 2 baths (including Master bath), and exceptional closet space. Enjoy city views from the balcony - yes, on a clear day you can see the Chicago skyline! You will love the garage parking in the heated and cooled garage. This unit has a new furnace and AC (2022) and newer interior 6 panel doors. The open concept kitchen boasts white cabinets, granite countertops with penisula, newer stainless steel appliances, and a Carrera marble subway tile backsplash. Both bathrooms were remodeled with designer finishes including imported Italian tile. All of this in walking distance of downtown Oak Park and Forest Park including access to the EL, shopping, and restaurants. Get ready to enjoy summer your best summer yet in vibrant Forest Park!

Last Agent to Sell the Property

Cynthia Howe Gajewski

Beyond Properties Realty Group License #475121010 Listed on: 04/18/2023

Last Buyer's Agent

Viola Mims

Vintage REALTORS & Associates License #471008361

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1974

Lot Details

  • 0.31

HOA Fees

  • $327 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Open Floorplan
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner 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 Mgmt.
  • 6-Story Property

Amenities

  • Lobby

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,346

Year Built

Built in 1974

Lot Details

0

HOA Fees

$327 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: 1974
  • Age: 41-50 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: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Storage, Walk-In Closet(s), Open Floorplan, Lobby
  • LivingArea: 1100
  • Room Type: No additional rooms
  • 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
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 259900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 327
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Monroe Property Mgmt.
  • 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

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

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

Tax Info

  • Tax Annual Amount: 3345.5
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 18, 2022
Sold by
Troy Timothy and Troy Kelly
Bought by
Gibson Jennifer
Seller's Agent
Dany Bourjas
Kale Realty
Buyer's Agent
Cynthia Howe Gajewski
Beyond Properties Realty Group
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Current Estimated Value
$277,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,224
Avg. Annual Appreciation
2.92%
Original Mortgage
$216,000
Outstanding Balance
$206,242
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$58,078

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 17, 2018
Sold by
Korelc Jonathon and Davis Korelc Ann
Bought by
Kelly Troy Timothy and Kelly Troy
Seller's Agent
Sarah Rothman Robins
Rothman Real Estate
Buyer's Agent
Dany Bourjas
Kale Realty
List Price
$199,900
Sold Price
$222,000
Premium/Discount to List
$22,100
11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$154,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2013
Closed on
Mar 27, 2014
Sold by
Hamadene Hafid and Hamadene Shaim
Bought by
Korelc Jonathan
Seller's Agent
Gary Mancuso
RE/MAX In The Village
Buyer's Agent
Sarah Rothman Robins
Rothman Real Estate
List Price
$169,900
Sold Price
$142,000
Premium/Discount to List
-$27,900
-16.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$112,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Winter David G
Bought by
Hamadene Hafid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 1998
Sold by
Oak Brook Bank
Bought by
Winter David G

Purchase Details

Closed on
Feb 1, 1997
Sold by
Rosenbach Rosemary
Bought by
Oak Brook Bank and Trust #2897
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
Gibson Jennifer $240,000 Stewart Title Company
Kelly Troy Timothy $222,000 Citywide Title Corporation
Korelc Jonathan $140,000 Chicago Title Oak Park
Hamadene Hafid $185,000 Pntn
Winter David G -- --
Oak Brook Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Jennifer $216,000
Previous Owner Kelly Troy Timothy $154,500
Previous Owner Korelc Jonathan $112,000
Previous Owner Hamadene Hafid $148,000
Previous Owner Hamadene Hafid $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $256,000 -1.5% $233 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $259,900 +8.3% $236 / Sq Ft
04/25/2022 04/25/22 Sold $240,000 +4.3% $218 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $230,000 +3.6% $209 / Sq Ft
05/17/2018 05/17/18 Sold $222,000 +11.1% $202 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $199,900 +40.8% $182 / Sq Ft
04/02/2014 04/02/14 Sold $142,000 -4.7% $129 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
09/10/2013 09/10/13 Price Changed $149,000 -3.9% $135 / Sq Ft
07/03/2013 07/03/13 Price Changed $155,000 -6.1% $141 / Sq Ft
02/23/2013 02/23/13 Price Changed $165,000 -2.9% $150 / Sq Ft
01/22/2013 01/22/13 For Sale $169,900 -- $154 / 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 $6,276 $20,895 $434 $20,461
2023 $3,490 $20,895 $434 $20,461
2022 $3,490 $13,158 $489 $12,669
2021 $3,346 $13,157 $488 $12,669
2020 $3,336 $13,157 $488 $12,669
2019 $4,070 $14,989 $445 $14,544
2018 $3,984 $14,989 $445 $14,544
2017 $3,917 $14,989 $445 $14,544
2016 $5,009 $13,978 $401 $13,577
2015 $4,931 $13,978 $401 $13,577
2014 $3,949 $13,978 $401 $13,577
2013 $3,368 $13,044 $401 $12,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11761964

Midwest Real Estate Data (MRED)

APN: 15-12-427-027-1026