NOT LISTED FOR SALE

425 Chestnut Ln Oak Park, IL 60302

Estimated Value: $538,000 - $603,313

3 Beds
4 Baths
2,394 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $425,000 $178 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,231/month

19 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Balcony
  • Abraham Lincoln Elementary School Rated A-
  • Stainless Steel Appliances
  • Attached Garage

About This Home

As of February 2017

Madison Square's finest! Modern and chic townhome in heart of Oak Park. First floor can be an office/gym/family room. Second floor open living room/dining room with corner fireplace. Big updated kitchen with SS appliances, 42" maple cabinets, granite countertops. Balcony off kitchen perfect for grilling. Master suite with separate shower and tub. Second bedroom on the 3rd floor has full bath. Fourth floor has unique penthouse/in-law suite with private views from a very spacious deck. Great location in town and easy access to everything. 2 car garage attached. Open concept living. This unit has it all!!*AGENT OWNED*

Last Agent to Sell the Property

Mingzhu Lin

American International Realty Corp. Listed on: 11/28/2016

Last Buyer's Agent

Don Burque

Baird & Warner Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,497

Year Built

  • 2006

Lot Details

  • 1,220

HOA Fees

  • $235 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Gas Log Fireplace
  • City Lot

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,497

Year Built

2006

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Built: 2006

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 25X19, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Compactor-Trash, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, CO Detectors, Sump Pump
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 3X5, On Level: 3rd Level, Flooring: Carpet
  • Dining Room: Dimensions: COMBO, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X15, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Balcony, Deck
  • Master Bedroom: Dimensions: 19X13, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 7X3, On Level: 2nd Level
  • Additional Room 2 Name: Deck, Dimensions: 20X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 10X16, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 20X15, On Level: 4th Level, Flooring: Carpet
  • Estimated Sq Ft: 2394
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 19X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: City

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Max Pet Weight: 200
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 235
  • Management Contact Name: Jack Carpenter Realty
  • Management Phone: 708-383-7100

Fee Information

  • Management Company: Jack Carpenter Realty

Schools

  • School District: 97
  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 20X60
  • Parcel Identification Number: 16073230950000

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 4

Tax Info

  • Taxes: 11872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Feb 1, 2017
Sold by
Cheng Shi and Lin Mingzhu
Bought by
Jacksits Brendan
Seller's Agent
Mingzhu Lin
American International Realty Corp.
Buyer's Agent
Don Burque
Baird & Warner Real Estate
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$563,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,578
Avg. Annual Appreciation
3.28%
Original Mortgage
$340,000
Outstanding Balance
$276,819
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$286,759

Purchase Details

Closed on
Feb 26, 2011
Sold by
Weaver Gino and Weaver Monica D
Bought by
Eastern Shana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,026
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2004
Sold by
Oak Park Development Group Inc
Bought by
Weaver Gino and Weaver Monica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,900
Interest Rate
5.5%
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
Jacksits Brendan $425,000 First American Title
Eastern Shana B $354,000 Multiple
Weaver Gino $443,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacksits Brendan $340,000
Previous Owner Eastern Shana B $345,026
Previous Owner Weaver Gino $353,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2017 02/01/17 Sold $425,000 -5.3% $178 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $449,000 +19.7% $188 / Sq Ft
11/25/2013 11/25/13 Sold $375,000 -6.2% $121 / Sq Ft View Prior Sale
10/17/2013 10/17/13 Pending -- -- --
08/31/2013 08/31/13 Price Changed $399,999 -1.2% $129 / Sq Ft
08/23/2013 08/23/13 Price Changed $405,000 -3.3% $131 / Sq Ft
08/12/2013 08/12/13 Price Changed $419,000 -1.4% $135 / Sq Ft
07/23/2013 07/23/13 For Sale $425,000 -- $137 / 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 $12,497 $41,651 $1,799 $39,852
2023 $12,666 $41,651 $1,799 $39,852
2022 $12,666 $36,405 $1,918 $34,487
2021 $12,376 $36,404 $1,918 $34,486
2020 $12,157 $36,404 $1,918 $34,486
2019 $14,990 $42,500 $1,738 $40,762
2018 $14,426 $42,500 $1,738 $40,762
2017 $14,131 $42,500 $1,738 $40,762
2016 $13,301 $35,545 $1,438 $34,107
2015 $11,872 $35,545 $1,438 $34,107
2014 $11,911 $35,545 $1,438 $34,107
2013 $10,665 $35,399 $1,438 $33,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09395559

Midwest Real Estate Data (MRED)

APN: 16-07-323-095-0000