NOT LISTED FOR SALE

409 Lathrop Ave Unit 2B River Forest, IL 60305

Estimated Value: $148,082 - $167,000

1 Bed
1 Bath
900 Sq Ft
18,992 Sq Ft Lot

Last Sold November 04, 2022

Last sale price $115,000 $128 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,022/month

34 Days on Market

Highlights

  • Living Room
  • Central Air
  • Baseboard Heating
  • Lincoln Elementary School Rated A
  • Dining Room
  • Cats Allowed

About This Home

As of November 2022

This fabulous 1 Bedroom River Forest Condo has it all. Separate laundry room and bike storage conveniently located in the building with one assigned. Covered parking space included in price. Great location blocks away from the Downton Oak Park, Metra, Green Line, Trade Joes, parks and Restaurants. Monthly assessments are $236. Roof of buidling was replaced in 2022. Nothing to do but move in!

Last Agent to Sell the Property

Sarah Abu-Taleb

Compass License #475197005 Listed on: 09/09/2022

Compass

Last Buyer's Agent

Sergio Hernandez

Keller Williams Premiere Properties License #475172552

Keller Williams Premiere Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1961 | Remodeled in 2019

Lot Details

  • 0.44

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

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

Schools

  • Lincoln Elementary School
  • Oak Park & River Forest High Sch

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • 12 Units
  • Lauren (Freitag) Cagney Association, Phone Number (630) 941-0135
  • Property managed by Real Estate Investor Service

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,582

Year Built

Built in 1961 | Remodeled in 2019

Lot Details

0.44 Acres

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): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • 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: Central Air
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Real Estate Investor Service
  • Management Contact Name: Lauren (Freitag) Cagney
  • Management Phone: 630-941-0135X112
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1581.57
  • Tax Year: 2020

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 28, 2022
Sold by
Benjamin John Barbato Private Land Trust
Bought by
Torres Octavio
Seller's Agent
Sarah Abu-Taleb
Compass
Buyer's Agent
Sergio Hernandez
Keller Williams Premiere Properties
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Views
91
Current Estimated Value
$159,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,271
Avg. Annual Appreciation
10.15%
Original Mortgage
$6,000
Outstanding Balance
$5,795
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$153,476

Purchase Details

Closed on
Aug 2, 2003
Sold by
Engel Joseph F
Bought by
Benjamin John Barbato Private Land Tr #1

Purchase Details

Closed on
Sep 29, 2002
Sold by
Davids Richard W and Davids Kathryne M
Bought by
Davids Kathryne M and Kathryne M Davids Declaration Of Trust

Purchase Details

Closed on
Oct 22, 2001
Sold by
Engel Amelia G
Bought by
Engel Joseph F

Purchase Details

Closed on
Oct 13, 2000
Sold by
Declarati Crivolio Genevieve M
Bought by
Engel Amelia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.12%
Source: Public Records
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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
Torres Octavio -- Prairie Title
Benjamin John Barbato Private Land Tr #1 $105,000 Git
Davids Kathryne M -- --
Engel Joseph F -- --
Engel Amelia G $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Octavio $6,000
Open Torres Octavio $109,825
Previous Owner Engel Amelia G $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $115,000 -4.2% $128 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $120,000 -- $133 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,311 $11,760 $842 $10,918
2024 $2,311 $11,760 $842 $10,918
2023 $1,578 $11,760 $842 $10,918
2022 $1,578 $8,309 $1,429 $6,880
2021 $1,548 $8,307 $1,428 $6,879
2020 $1,582 $8,307 $1,428 $6,879
2019 $1,006 $6,671 $1,291 $5,380
2018 $951 $6,671 $1,291 $5,380
2017 $965 $6,671 $1,291 $5,380
2016 $1,161 $6,105 $1,076 $5,029
2015 $1,100 $6,105 $1,076 $5,029
2014 $493 $6,105 $1,076 $5,029
2013 $1,932 $9,477 $1,076 $8,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11625601

Midwest Real Estate Data (MRED)

APN: 15-12-219-036-1018

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