NOT LISTED FOR SALE

301 Chicago Ave Unit 2CE Oak Park, IL 60302

Estimated Value: $148,000 - $152,000

1 Bed
1 Bath
664 Sq Ft
$215/mo HOA Fee

Last Sold March 31, 2016

Last sale price $80,000 $120 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,338/month

134 Days on Market

Highlights

  • Wood Flooring
  • Double Oven
  • East or West Exposure
  • Whittier Elementary School Rated A
  • Property is near a bus stop

About This Home

As of March 2016

Spacious, bright one bedroom condo, well located in Northeast Oak Park. Hardwood floors throughout. Great open layout with nice sized kitchen w/dishwasher and tiled bath. Large bedroom with walk in closets. Ample storage in unit. Parking space included. Great block for walking near historic homes. Parks and trains a short walk away. Professionally managed elevator building.

Last Agent to Sell the Property

Wayne Beals

Exit Strategy Realty / EMA Management License #471018068 Listed on: 10/13/2015

Last Buyer's Agent

Jose Martinez

RE/MAX Mi Casa License #471019209

RE/MAX Mi Casa

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,018

Lot Details

  • 0.36

HOA Fees

  • $215 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,018

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors
  • Number Of Rooms: 4
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 9X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X7, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level
  • Estimated Sq Ft: 664
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: E (East)

Garage/Parking

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

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Deposit Required, Dogs OK
  • Common Area Amenities: Coin Laundry, Elevator, Security Door Locks
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 215
  • Management Contact Name: Shirley Grott
  • Management Phone: 708-452-4242

Fee Information

  • Management Company: Cortland Properties

Schools

  • School District: 200
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: PER DELARATION
  • Parcel Identification Number: 16081000211010

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Tax Info

  • Taxes: 2874.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2015
Closed on
Apr 1, 2016
Sold by
Martinez Yessenia
Bought by
Chicago Title Land Trust Co and Trust Number 8002370861
Seller's Agent
Wayne Beals
Exit Strategy Realty / EMA Management
Buyer's Agent
Jose Martinez
RE/MAX Mi Casa
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Current Estimated Value
$150,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,203
Avg. Annual Appreciation
6.80%
Original Mortgage
$564,000
Outstanding Balance
$447,474
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
-$297,271

Purchase Details

Listed on
Oct 13, 2015
Closed on
Mar 31, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Martinez Yesenia
Seller's Agent
Wayne Beals
Exit Strategy Realty / EMA Management
Buyer's Agent
Jose Martinez
RE/MAX Mi Casa
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$447,474
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
-$297,271

Purchase Details

Closed on
Feb 3, 2012
Sold by
Papageorge Spiro
Bought by
Chicago Title Land Trust Company and Trust #8002358680

Purchase Details

Closed on
May 6, 2011
Sold by
Federal National Mortgage Association
Bought by
Papageorge Spiro

Purchase Details

Closed on
Jul 21, 2010
Sold by
Papazisis Catherine
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 23, 2001
Sold by
Barrett Bryan R
Bought by
Papazisis Orestes and Papazisis Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%

Purchase Details

Closed on
Jun 20, 2000
Sold by
Bank Of Chicago
Bought by
Barrett Bryan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,700
Interest Rate
8.66%
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
Chicago Title Land Trust Co -- Chicago Title
Martinez Yesenia $80,000 Chicago Title Land Trust Com
Chicago Title Land Trust Company $28,000 Chicago Title Land Trust Co
Papageorge Spiro $31,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Papazisis Orestes $100,000 First American Title
Barrett Bryan R $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Yesenia $564,000
Previous Owner Papazisis Orestes $80,000
Previous Owner Barrett Bryan R $82,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $80,000 0.0% $120 / Sq Ft
02/29/2016 02/29/16 Off Market $80,000 -- --
02/24/2016 02/24/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $84,900 -- $128 / 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 $4,018 $12,327 $1,007 $11,320
2023 $3,580 $12,327 $1,007 $11,320
2022 $3,580 $9,323 $775 $8,548
2021 $3,488 $9,322 $774 $8,548
2020 $3,403 $9,322 $774 $8,548
2019 $3,301 $8,605 $697 $7,908
2018 $3,178 $8,605 $697 $7,908
2017 $3,108 $8,605 $697 $7,908
2016 $4,388 $10,901 $581 $10,320
2015 $3,931 $10,901 $581 $10,320
2014 $2,875 $8,579 $581 $7,998
2013 $3,828 $11,763 $581 $11,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09062569

Midwest Real Estate Data (MRED)

APN: 16-08-100-021-1010