NOT LISTED FOR SALE

242 Leonard Wood S Unit 112 Highland Park, IL 60035

Estimated Value: $625,444 - $741,000

3 Beds
2 Baths
2,765 Sq Ft
$89/mo HOA Fee

Last Sold February 23, 2022

Last sale price $600,000 $217 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,807/month

3 Days on Market

Highlights

  • Attached Garage
  • Combination Dining and Living Room
  • 1-minute walk to Firehouse Park
  • Wayne Thomas Elementary School Rated A
  • Heated Garage

About This Home

As of February 2022

Dramatic sought after 3 bedroom / 2 bath condo in the West Barracks of gorgeous Fort Sheridan neighborhood! Here you will find 2700sf of newly updated space including new kitchen, new baths, new floors, finished lower level, new staircase, new automatic blinds and so much more! This open space living concept looks and feels like city living but tucked far away from the commotion and situated on the steps of Lake Michigan! All updates have been completed in a contemporary European style depicting a clean, minimalistic style. Awesome kitchen showcases new cabinetry and countertops, stainless steel appliances, cool coffee bar and walks out to the spacious outdoor deck! First floor features living room, dining room, kitchen and two bedrooms, both with exposed brick walls! Lower level is comprised of a lounge area (currently being used as an art studio/office), bedroom, full bath, workshop, laundry and storage. Lower level walks out to hallway to indoor heated garage (common area.) Very tall ceilings, new dark flooring and freshly painted walls make this home stand out! So, if you are looking for a move-in ready home, access to nature trails and beach plus close proximity/walk-to fine dining and shops then look no further! Showings to begin Saturday 12-4 and Sunday 11-3.

Last Listed By

Tracy Wurster

Compass License #475132103 Listed on: 01/19/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,799

Year Built | Renovated

  • 1885 | 2021

Lot Details

  • 1,350

HOA Fees

  • $89 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,765 Sq Ft Home
  • Combination Dining and Living Room

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Basement Window Egress

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 27 Units
  • Kimberly Hart Association, Phone Number (847) 777-7069
  • Property managed by First Service Residential

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,799

Year Built | Renovated

1885 | 2021

Lot Details

0

HOA Fees

$89 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2021
  • Co List Office Mls Id: MRD6577
  • Co List Office Phone: (847) 234-0485
  • Directions: Sheridan Road at Old Elm go east to Leonard Wood and take a right (west). Follow the loop around to the south side of the Parade ground. Staircase is third in from the main Water Tower.
  • Lot Size: 1X1
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Fort Sheridan
  • Special Features: None
  • Year Built: 1885
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Has Basement: Full, Walkout
  • Estimated Total Finished Sq Ft: 2765
  • Assessed Sq Ft: 1515
  • Basement Description: Finished,Exterior Access,Egress Window
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2765
  • Total Sq Ft: 3030
  • Main Level Sq Ft: 1515
  • Lower Level Sq Ft: 1250
  • Unfinished Lower Sq Ft: 265
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Storage, Open Floorplan
  • Dining Room Type: Foyer, Storage
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: First Service Residential
  • Management Contact Name: Kimberly Hart
  • Management Phone: 847-777-7069
  • Master Association Fee: 89
  • Amenities: Bike Room/Bike Trails, Storage, Park, Security Door Lock(s), Intercom, Trail(s)
  • Association Fee: 551
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Elementary School: Wayne Thomas Elementary School
  • High School: Highland Park High School
  • Junior High Dist: 113
  • Middle Or Junior School: Northwood Junior High School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 27

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 9692.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 23, 2022
Sold by
Satas and Daiva
Bought by
Halvorson Lori A
Seller's Agent
Tracy Wurster
Compass
Buyer's Agent
Tyler Stallings
Corcoran Urban Real Estate
List Price
$460,000
Sold Price
$600,000
Premium/Discount to List
$140,000
30.43%
Total Days on Market
3
Current Estimated Value
$673,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,611
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Jun 16, 2017
Sold by
Schmit Thomas H
Bought by
Satas Marius and Satas Daiva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 1999
Sold by
Tfs Building 48 Llc
Bought by
Schmit Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.95%

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
Halvorson Lori A $570,000 Pierson & Strachan
Satas Marius $315,000 Chicago Title
Schmit Thomas H $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Satas Marius $252,000
Previous Owner Schmit Thomas H $45,000
Previous Owner Schmit Thomas H $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $600,000 +30.4% $217 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $460,000 -- $166 / 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
2023 $11,799 $142,499 $8,602 $133,897
2022 $11,252 $130,946 $10,773 $120,173
2021 $10,364 $126,579 $10,414 $116,165
2020 $10,029 $126,579 $10,414 $116,165
2019 $9,693 $125,987 $10,365 $115,622
2018 $9,163 $104,989 $11,347 $93,642
2017 $10,667 $141,386 $11,282 $130,104
2016 $11,585 $151,452 $10,741 $140,711
2015 $10,371 $140,716 $9,980 $130,736
2014 $8,034 $109,057 $9,693 $99,364
2012 $7,914 $109,694 $9,750 $99,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11307219

Midwest Real Estate Data (MRED)

APN: 16-10-408-021