NOT LISTED FOR SALE

4900 Forest Ave Unit 201 Downers Grove, IL 60515

Estimated Value: $250,000 - $290,000

1 Bed
1.5 Baths
832 Sq Ft
$298/mo HOA Fee

Last Sold October 17, 2023

Last sale price $225,000 $270 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,082/month

4 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Elevator
  • Pierce Downer Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to Prince Pond

About This Home

As of October 2023

Meticulously maintained & updated, 1 bedroom condo in the heart of Downers Grove. Walk to train and downtown. Open floor plan, with updated kitchen, including granite counter tops, newer ss appliances. Updated bathrooms, extra large primary bedroom suite. Large windows let an abundance of light throughout the unit. New luxury vinyl plank flooring throughout the main living space. In-unit laundry. Large patio of main living space. 1-exterior parking spot included. Building includes, professionally landscaped grounds, exercise facility & elevator.

Last Agent to Sell the Property

Holly Rumishek

Coldwell Banker Realty License #475164298 Listed on: 09/14/2023

Coldwell Banker Realty

Co-Listed By

Julia Sargis

Coldwell Banker Realty License #475164117

Last Buyer's Agent

Patricia Gibbons

@properties Christie's International Real Estate License #475159733

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1968

Lot Details

  • 0.92

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 832 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • No Tub in Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Balcony

Schools

  • Pierce Downer Elementary School
  • Herrick Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 32 Units
  • Ellen Donovan Association, Phone Number (630) 323-8810
  • Property managed by Oak & Dale Properties, Inc.
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets up to 20 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,201

Year Built

Built in 1968

Lot Details

0

HOA Fees

$298 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: 1968
  • Age: 51-60 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: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Intercom
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • LivingArea: 832
  • Other Equipment: Intercom
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 832
  • Basement Description: None
  • Bathroom Amenities: No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 832
  • Total Sq Ft: 832
  • Main Level Sq Ft: 832
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 220000
  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 298
  • Association Amenities: Elevator(s), Exercise Room, Storage, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Oak & Dale Properties, Inc.
  • Management Contact Name: Ellen Donovan
  • Management Phone: 630-323-8810X7
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Pierce Downer Elementary School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 3201.08
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Sep 29, 2023
Sold by
Gabor Susan
Bought by
Hughes Heather Marie
Seller's Agent
Holly Rumishek
Coldwell Banker Realty
Buyer's Agent
Patricia Gibbons
@properties Christie's International Real Estate
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Views
66
Current Estimated Value
$267,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,904
Avg. Annual Appreciation
7.65%
Original Mortgage
$115,000
Outstanding Balance
$107,857
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$150,605

Purchase Details

Closed on
Oct 26, 2017
Sold by
Sujack Megan A
Bought by
Gabor Susan

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 24, 2013
Sold by
Marquette Bank
Bought by
Sujack Megan A
Seller's Agent
Wilfred Miller
Home Builder Marketing, Ltd.
Buyer's Agent
Melinda Josephs
L.W. Reedy Real Estate
List Price
$139,900
Sold Price
$126,000
Premium/Discount to List
-$13,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$113,400
Interest Rate
1.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hughes Heather Marie $225,000 First American Title
Gabor Susan -- Chicago Title
Sujack Megan A $126,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Heather Marie $115,000
Previous Owner Sujack Megan A $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $225,000 +2.3% $270 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $220,000 +74.6% $264 / Sq Ft
05/24/2013 05/24/13 Sold $126,000 -3.0% $133 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
01/31/2013 01/31/13 Price Changed $129,900 -7.1% $137 / Sq Ft
11/16/2012 11/16/12 For Sale $139,900 -- $147 / 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 $3,924 $76,538 $14,185 $62,353
2023 $3,231 $70,360 $13,040 $57,320
2022 $3,201 $65,390 $12,120 $53,270
2021 $2,990 $64,640 $11,980 $52,660
2020 $2,925 $63,360 $11,740 $51,620
2019 $2,812 $60,790 $11,260 $49,530
2018 $2,603 $56,540 $10,470 $46,070
2017 $2,788 $54,400 $10,070 $44,330
2016 $2,851 $48,070 $9,610 $38,460
2015 $2,828 $45,220 $9,040 $36,180
2014 $3,150 $48,860 $9,770 $39,090
2013 $3,354 $52,850 $10,560 $42,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11842875

Midwest Real Estate Data (MRED)

APN: 09-08-137-009