NOT LISTED FOR SALE

240 S Oak Park Ave Unit 302 Oak Park, IL 60302

Estimated Value: $189,700 - $207,000

1 Bed
1 Bath
998 Sq Ft
$394/mo HOA Fee

Last Sold April 01, 2022

Last sale price $160,000 $160 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,878/month

4 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Room
  • Oliver W Holmes Elementary School Rated A-
  • Resident Manager or Management On Site
  • 1-minute walk to Randolph Park

About This Home

As of April 2022

Multiple offers received. Highest and best due Sunday 2/13 by 1:00pm. Move-in ready one bedroom condo ideally located in the heart of Oak Park, steps from restaurants, shops, schools, library, and public transportation. Unit features hardwood floors, in-unit washer/dryer, spacious eat-in kitchen, separate dining or work-from-home area, and price includes one parking space. Enjoy the outdoor balcony overlooking tree-lined street and tons of storage space including large walk-in hall closet. Pet-friendly building and rentals allowed.

Last Agent to Sell the Property

Zak Knebel

@properties Christie's International Real Estate License #475131969 Listed on: 02/08/2022

@properties   Christie's International Real Estate

Co-Listed By

Camille Hoover

@properties Christie's International Real Estate License #475191106

Last Buyer's Agent

Mike Berg

Berg Properties License #475114838

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1961

Lot Details

  • 0.3

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 998 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Balcony

Schools

  • Oliver W Holmes Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 15 Units
  • Pat Cesario Association, Phone Number (708) 308-8074
  • Low-Rise Condominium
  • Property managed by Kenilworth Development

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,400

Year Built

Built in 1961

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Some Carpeting
  • LivingArea: 998
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 3
  • 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

  • ExteriorFeatures: Balcony
  • List Price: 149000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 394
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kenilworth Development
  • Management Contact Name: Pat Cesario
  • Management Phone: 708-308-8074
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Oliver W Holmes Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School
  • Middle/Junior School District: 97

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 4400
  • Tax Year: 2020

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 8, 2022
Sold by
Kleman Megan
Bought by
Marshall Jeffrey
Seller's Agent
Zak Knebel
@properties Christie's International Real Estate
Buyer's Agent
Mike Berg
Berg Properties
List Price
$149,000
Sold Price
$160,000
Premium/Discount to List
$11,000
7.38%
Total Days on Market
4
Current Estimated Value
$195,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,675
Avg. Annual Appreciation
7.22%
Original Mortgage
$140,000
Outstanding Balance
$132,765
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$66,918

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 1, 2022
Sold by
Kleman Megan
Bought by
Marshall Jeffrey
Seller's Agent
Zak Knebel
@properties Christie's International Real Estate
Buyer's Agent
Mike Berg
Berg Properties
List Price
$149,000
Sold Price
$160,000
Premium/Discount to List
$11,000
7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$132,765
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$66,918

Purchase Details

Listed on
Sep 30, 2015
Closed on
Jan 29, 2016
Sold by
Fannie Mae
Bought by
Kleman Megan
Seller's Agent
Frank Scibior
Illinois Real Estate Partners
Buyer's Agent
Nicole O'Farrell
Andiamo Realty, Inc.
List Price
$129,900
Sold Price
$106,000
Premium/Discount to List
-$23,900
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$102,820
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2015
Closed on
Jan 25, 2016
Sold by
Fannie Mae
Bought by
Kleman Megan
Seller's Agent
Frank Scibior
Illinois Real Estate Partners
Buyer's Agent
Nicole O'Farrell
Andiamo Realty, Inc.
List Price
$129,900
Sold Price
$106,000
Premium/Discount to List
-$23,900
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,820
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Yuro Marlene
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2005
Sold by
Yuro Marlene J
Bought by
Chicago Title Land Trust Co and Trust #1114230

Purchase Details

Closed on
Sep 23, 2004
Sold by
Marani Ventures Llc
Bought by
Yuro Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Marshall Jeffrey $160,000 --
Marshall Jeffrey $160,000 Old Republic Title
Kleman Megan $106,000 Attorneys Title Guaranty Fun
Kleman Megan $106,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Chicago Title Land Trust Co -- Chicago Title Co
Yuro Marlene $150,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Jeffrey $140,000
Previous Owner Kleman Megan $102,820
Previous Owner Kleman Megan $102,820
Previous Owner Yuro Marlene $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $160,000 +7.4% $160 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $149,000 +40.6% $149 / Sq Ft
01/25/2016 01/25/16 Sold $106,000 -7.7% $151 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/03/2015 11/03/15 Price Changed $114,900 -11.5% $164 / Sq Ft
09/30/2015 09/30/15 For Sale $129,900 -- $186 / 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 $4,629 $14,908 $1,049 $13,859
2023 $4,629 $14,908 $1,049 $13,859
2022 $4,629 $12,056 $1,105 $10,951
2021 $4,511 $12,054 $1,104 $10,950
2020 $4,400 $12,054 $1,104 $10,950
2019 $4,092 $10,666 $1,011 $9,655
2018 $3,939 $10,666 $1,011 $9,655
2017 $3,852 $10,666 $1,011 $9,655
2016 $4,749 $11,799 $842 $10,957
2015 $4,255 $11,799 $842 $10,957
2014 $3,954 $11,799 $842 $10,957
2013 -- $13,769 $842 $12,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11320190

Midwest Real Estate Data (MRED)

APN: 16-07-406-024-1012