$106,000
SOLD JAN 25, 2016

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

1 Bed
1 Bath
700 Sq Ft
$257/mo HOA Fee

Recently Sold

$151 Per Sq Ft

18% Below List Price

55 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Balcony
  • Oliver W Holmes Elementary School Rated A-
  • Corner Lot
  • 1-minute walk to Randolph Park

About This Home

As of April 2022

Beautiful & spacious 1 bedroom w/parking just a few blocks to Downtown Oak Park! Live near it all (dining, shopping, CTA) on quiet, tree-lined st. This home checks all the boxes: in-unit laundry, prvt balcony, updated granite/stainless kitchen *and* central air! Hardwood flrs, large combined LR/DR, and spacious bath. This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Frank Scibior

Illinois Real Estate Partners License #471003809 Listed on: 09/30/2015

Illinois Real Estate Partners

Last Buyer's Agent

Nicole O'Farrell

Andiamo Realty, Inc. License #471022286

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,859

Year Built

  • 1961

HOA Fees

  • $257 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Wood Flooring
  • Breakfast Bar
  • Washer and Dryer Hookup

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • Balcony
  • Southern Exposure
  • The property is located in a historic district

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,859

Year Built

1961

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1961
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 3
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Balcony, Foyer
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 10X4, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Balcony, Dimensions: 10X06, On Level: Main Level, Flooring: Other
  • Estimated Sq Ft: 700
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 257
  • Management Contact Name: MARY
  • Management Phone: 708-488-0757

Fee Information

  • Management Company: MONROE MANAGEMENT COMPANY

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 16074060241012

Multi Family

  • Total Number Unitsin Building: 15
  • Number Stories: 1

Tax Info

  • Taxes: 3953.9

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%
Current Estimated Value
$199,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,843
Avg. Annual Appreciation
6.12%
Original Mortgage
$140,000
Outstanding Balance
$132,765
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$62,332

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
$62,332

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 Type Sale Price Title Company
Warranty Deed $160,000 --
Warranty Deed $160,000 Old Republic Title
Special Warranty Deed $106,000 Attorneys Title Guaranty Fun
Special Warranty Deed $106,000 Attorneys Title Guaranty Fun
Sheriffs Deed -- None Available
Quit Claim Deed -- Chicago Title Co
Warranty Deed $150,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $102,820 New Conventional
Previous Owner $102,820 New Conventional
Previous Owner $85,000 Purchase Money Mortgage
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 $4,859 $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: MRD09052505

Midwest Real Estate Data (MRED)

APN: 16-07-406-024-1012