NOT LISTED FOR SALE

32 Elgin Ave Unit C1 Forest Park, IL 60130

Estimated Value: $146,000 - $166,934

1 Bed
1 Bath
800 Sq Ft
$180/mo HOA Fee

Last Sold September 26, 2022

Last sale price $123,250 $154 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,336/month

13 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Harlem/Lake Station (Green Line)
  • Dining Room
  • Living Room
  • Laundry Room
  • Family Room

About This Home

As of September 2022

Beautiful move-in ready, freshly painted, one bedroom condo with hardwood floors, cherry cabinets, granite counters and stainless steel appliances. Great investment for parents with university students- Concordia or Dominican. Close to everything! Steps to the green line and Metra. Walk to downtown Oak Park, River Forest and Forest Park's Madison street. Coin laundry in basement with storage and bike room. One assigned parking space #12. Great self-managed building with good reserves.

Last Agent to Sell the Property

Jack Lattner

Compass License #475157613 Listed on: 08/03/2022

Compass

Last Buyer's Agent

Celina Gregor

Berkshire Hathaway HomeServices Chicago License #475195142

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,567

Year Built

  • Built in 1961

Lot Details

  • 0.28

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

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

Schools

  • Proviso East High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Eric Miller Association, Phone Number (815) 315-0106
  • 34-Story Property

Pet Policy

  • Pets Allowed
  • Pets up to 40 lbs
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,567

Year Built

Built in 1961

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1961
  • Age: 61-70 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: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 34

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 34
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • List Price: 127500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Size Limit
  • Association Fee: 180
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Eric Miller
  • Management Phone: 815-315-0106
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: Proviso East High School
  • Middle/Junior School District: 91
  • Junior High/Middle School #2: Proviso Mathematics and Science Academy

Lot Info

  • Additional Parcels: No
  • 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: 40

Tax Info

  • Tax Annual Amount: 3567.21
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 13, 2022
Sold by
Bailey Anna M and Bailey Steven C
Bought by
Lacek Jaclyn E
Seller's Agent
Jack Lattner
Compass
Buyer's Agent
Celina Gregor
Berkshire Hathaway HomeServices Chicago
List Price
$127,500
Sold Price
$123,250
Premium/Discount to List
-$4,250
-3.33%
Current Estimated Value
$153,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,484
Avg. Annual Appreciation
7.73%
Original Mortgage
$98,600
Outstanding Balance
$90,515
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$61,406

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 7, 2016
Sold by
Korbakis John P and Korbakis Niki
Bought by
Bailey Anna M and Bailey Steven C
Seller's Agent
Donna Serpico
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Christopher Garvey
eXp Realty
List Price
$105,000
Sold Price
$102,000
Premium/Discount to List
-$3,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Jul 19, 2006
Sold by
Korbakis John P and Korbakis Niki
Bought by
Korbakis John P and Korbakis Niki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 18, 2006
Sold by
Elgin Street Properties Llc
Bought by
Korbakis John P and Korbakis Niki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.85%
Mortgage Type
Unknown
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
Lacek Jaclyn E $123,500 Altima Title
Bailey Anna M $102,000 Greater Metropolitan Title L
Korbakis John P -- First American Title Ins Co
Korbakis John P $146,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacek Jaclyn E $98,600
Previous Owner Korbakis John P $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $123,250 -3.3% $154 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $127,500 +25.0% $159 / Sq Ft
10/07/2016 10/07/16 Sold $102,000 -2.9% $128 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $105,000 -- $131 / 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 $3,683 $12,263 $675 $11,588
2023 $3,854 $12,263 $675 $11,588
2022 $3,854 $10,755 $709 $10,046
2021 $3,661 $10,753 $708 $10,045
2020 $3,567 $10,753 $708 $10,045
2019 $3,371 $9,574 $640 $8,934
2018 $3,302 $9,574 $640 $8,934
2017 $3,229 $9,574 $640 $8,934
2016 $3,261 $9,101 $590 $8,511
2015 $3,379 $9,580 $590 $8,990
2014 $3,490 $10,084 $590 $9,494
2013 $2,809 $8,684 $590 $8,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11481946

Midwest Real Estate Data (MRED)

APN: 15-12-405-023-1009