NOT LISTED FOR SALE

407 S East Ave Unit 3 Oak Park, IL 60302

Estimated Value: $152,000 - $175,000

1 Bed
1 Bath
-- Sq Ft
0.6 Acres

Last Sold July 22, 2016

Last sale price $103,000

Est. 59% increase in value since last sale

Current estimated payment $1,112/month

Highlights

  • Wood Flooring
  • End Unit
  • Resident Manager or Management On Site
  • Longfellow Elementary School Rated A-
  • Formal Dining Room
  • Storage

About This Home

As of August 2024

Take a look at this bright, sun filled One Bedroom Unit. This Classic Oak Park Rental is filled with Vintage details and has great Modern Upgrades. Washer Dryer in unit! The Kitchen upgrades include Granite counters, newer Dishwasher and Microwave. Original details include Crown molding, Bay Window, Hardwood Floors, huge Closet with custom organizers. Large bedroom will accommodate a King. Newer replacement windows. Conveniently located in central Oak Park, short walk to trains, restaurants, shops and entertainment.

Last Agent to Rent the Property

Joe Langley

Coldwell Banker Realty License #475128501 Listed on: 07/23/2024

Coldwell Banker Realty

Last Renter's Agent

Non Member

NON MEMBER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1929

Lot Details

  • End Unit

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Leased Parking
  • Uncovered Parking
  • Zoned Parking Permit
  • Unassigned Parking

Utilities

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

Listing and Financial Details

  • Security Deposit $1,800
  • Property Available on 9/6/24
  • Rent includes heat, water, scavenger, exterior maintenance, lawn care, storage lockers, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 47 Units
  • Mike Vitek Association, Phone Number (708) 406-8650
  • Property managed by MASTERCARE BLDG SERVICES

Pet Policy

  • Pets up to 40 lbs
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,086

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Available Date: 2024-09-06
  • Lease Term: 12 Months
  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1550
  • Security Deposit: 1800
  • Is Parking Included in Price: No
  • Fees/Approvals: Credit Report,Move-in Fee
  • Max Pet Weight: 40

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Non-Smoking Building,Non-Smoking Unit,None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens, End Unit
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Zoned Permit
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Size Limit
  • Rent Includes: Heat, Water, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management: Manager Off-site
  • Management Company: MASTERCARE BLDG SERVICES
  • Management Contact Name: Mike Vitek
  • Management Phone: 708-406-8650

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Jul 18, 2016
Sold by
Bender Raymand G
Bought by
Davaatseren Chinzorig
Seller's Agent
Elissa Palermo
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Joe Langley
Coldwell Banker Realty
List Price
$107,500
Sold Price
$103,000
Premium/Discount to List
-$4,500
-4.19%
Current Estimated Value
$163,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,456
Avg. Annual Appreciation
5.11%
Original Mortgage
$82,400
Outstanding Balance
$37,398
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$126,058

Purchase Details

Closed on
Sep 16, 2006
Sold by
Bender Raymond and Bender Barbara
Bought by
Raymond G Bender Living Trust

Purchase Details

Closed on
Aug 31, 2006
Sold by
Lamplota George J
Bought by
Bender Raymond and Bender Barbara

Purchase Details

Closed on
Sep 22, 2004
Sold by
Fox Partners Lp
Bought by
Lamplota George J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,543
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davaatseren Chinzorig $103,000 Prairie Title
Raymond G Bender Living Trust -- None Available
Bender Raymond $166,500 Prairie Title
Lamplota George J $162,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davaatseren Chinzorig $82,400
Previous Owner Lamplota George J $153,543
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2024 08/07/24 Rented $1,525 -1.6% --
08/07/2024 08/07/24 Off Market $1,550 -- --
07/23/2024 07/23/24 For Rent $1,550 +14.8% --
01/21/2023 01/21/23 Rented $1,350 0.0% --
10/07/2022 10/07/22 Price Changed $1,350 -3.6% --
09/27/2022 09/27/22 For Rent $1,400 +7.7% --
09/24/2021 09/24/21 Rented -- -- --
08/06/2021 08/06/21 For Rent $1,300 0.0% --
07/22/2016 07/22/16 Sold $103,000 -4.2% -- View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $107,500 -- --
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 $3,086 $12,782 $672 $12,110
2023 $2,193 $12,782 $672 $12,110
2022 $2,193 $9,132 $708 $8,424
2021 $2,171 $9,131 $708 $8,423
2020 $2,201 $9,131 $708 $8,423
2019 $1,911 $8,409 $648 $7,761
2018 $3,105 $8,409 $648 $7,761
2017 $3,037 $8,409 $648 $7,761
2016 $2,325 $8,275 $540 $7,735
2015 $2,038 $8,275 $540 $7,735
2014 $1,912 $8,275 $540 $7,735
2013 $2,059 $8,955 $540 $8,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12113592

Midwest Real Estate Data (MRED)

APN: 16-07-420-025-1010