$240,000
SOLD AUG 27, 2024

Lincolnwood Suites 4601 W Touhy Ave Unit 605 Lincolnwood, IL 60712

2 Beds
2 Baths
1,650 Sq Ft
$501/mo HOA Fee

Recently Sold

$145 Per Sq Ft

7% Below List Price

18 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Party Room
  • Rutledge Hall Elementary School Rated A-
  • Community Pool
  • Elevator

About This Home

As of August 2024

BACK ON THE MARKET BECAUSE BUYERS FINANCING FELL THROUGH!! Buyers financing fell through at the last minute, so we are back on the market and ready to sell!!! This spacious 2bedroom 2 bath home in the desirable Lincolnwood Suites is fully operational but could benefit from some personal touches/updates. This north facing, light filled home offers generously sized spaces. The spacious and bright living/dining room combination is perfect for entertaining accented by the Juliet balcony with sliding door access. The kitchen and baths feature all original cabinetry, flooring and finishes, needs updating. Enjoy your morning coffee in your large and sunny eat in kitchen or on your private balcony which can be accessed from both kitchen and bedroom 2. The generously sized primary bedroom is a private oasis with an en-suite bath and walk in closet. The in unit laundry features a side by side washer and dryer. One heated, indoor parking space and one storage locker is included in price. Furnace, A/C system and stainless steel Dishwasher replaced in 2022. Newer sliding glass doors in kitchen and bedroom 2. Building and garage improvement special assessment in 2023 paid in full by current owner, no new special assessments planned. HOA fees include building amenities, water, common area insurance, TV/Cable, high speed internet, exterior maintenance, scavenger & snow removal. Meticulously maintained building checks all the boxes with secured lobby access, security cameras, abundant visitor parking at entrance, onsite maintenance, secured mail room for packages, heated garage, storage locker room, special event room, fitness room and sauna, outdoor pool, sundeck and a lushly landscaped rear patio area. This prime location is convenient to everything! The Valley Line bike and walk trail is located next to building. The newly developed District 1860 retail and dining complex is located across the street. Close to highly acclaimed schools, Proesel Park Family Aquatic Center, public transportation and a variety of shopping and dining options. The I-94 expressway is 2 blocks West and Downtown Chicago is only 10 miles away, bring your creative design ideas and an offer today!!

Last Agent to Sell the Property

John Floros

Fulton Grace Realty License #475167136 Listed on: 07/25/2024

Fulton Grace Realty

Last Buyer's Agent

Elias Masud

Compass License #475163294

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1976

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Carpet

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 96 Units
  • Lidia Schahczinski Association, Phone Number (847) 324-8986
  • Lincolnwood Suites Subdivision
  • Property managed by Cagan Mgt.
  • 7-Story Property

Amenities

  • Party Room
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,841

Year Built

Built in 1976

Lot Details

0

HOA Fees

$501 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Lincolnwood Suites
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1650
  • Room Type: Foyer
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 249000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 501
  • Association Amenities: Elevator(s), Exercise Room, Storage, Party Room, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cagan Mgt.
  • Management Contact Name: Lidia Schahczinski
  • Management Phone: 847-324-8986
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 74

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1840.81
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 26, 2024
Sold by
Cohen Freddy and Cohen Rachel
Bought by
Coardos Adrian and Coardos Monica D
Seller's Agent
John Floros
Fulton Grace Realty
Buyer's Agent
Elias Masud
Compass
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%
Views
47
Current Estimated Value
$267,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,433
Avg. Annual Appreciation
9.73%

Purchase Details

Listed on
Jul 15, 2015
Closed on
Sep 26, 2015
Sold by
Matz Beatrice S and Matz Revocable Trust
Bought by
Cohen Freddy and Cohen Gertrude
Seller's Agent
Elyse Sweeney
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Irving Weinberger
American Classic Realty & Dev.
List Price
$187,900
Sold Price
$179,000
Premium/Discount to List
-$8,900
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Oct 31, 1996
Sold by
Matz Beatrice S
Bought by
Matz Beatrice S and Matz Revocable Trust

Purchase Details

Closed on
Aug 28, 1996
Sold by
Bohrer Judith Fischer
Bought by
Newman Samuel
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 None Listed On Document
Warranty Deed $179,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Warranty Deed $157,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $240,000 -3.6% $145 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $249,000 -3.9% $151 / Sq Ft
07/26/2024 07/26/24 For Sale $259,000 +44.7% $157 / Sq Ft
10/05/2015 10/05/15 Sold $179,000 -4.7% $108 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $187,900 -- $114 / 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 $3,712 $19,849 $1,248 $18,601
2023 $1,841 $19,849 $1,248 $18,601
2022 $1,841 $19,849 $1,248 $18,601
2021 $2,025 $16,703 $891 $15,812
2020 $1,851 $16,703 $891 $15,812
2019 $1,859 $19,908 $891 $19,017
2018 $1,767 $13,382 $779 $12,603
2017 $1,795 $13,382 $779 $12,603
2016 $2,358 $13,382 $779 $12,603
2015 $3,141 $11,223 $668 $10,555
2014 $3,014 $11,223 $668 $10,555
2013 $2,946 $11,223 $668 $10,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12120918

Midwest Real Estate Data (MRED)

APN: 10-34-102-022-1061