NOT LISTED FOR SALE

502 Beloit Ave Unit B3 Forest Park, IL 60130

Estimated Value: $128,000 - $150,000

1 Bed
1 Bath
800 Sq Ft
$247/mo HOA Fee

Last Sold September 04, 2024

Last sale price $141,000 $176 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,169/month

10 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Bar
  • French Doors
  • Granite Countertops
  • Courtyard
  • Combination Kitchen and Dining Room

About This Home

As of September 2024

Beautiful, spacious and light! This vintage 1-Bed/1-Bath Condo is a must-see in Forest Park. One block to Forest Park shops and restaurants, and 5 min to the blue-line and expressway. This unit features hardwood floors and crown molding throughout, an open eat-in kitchen w/ stainless steel appliances, ample cabinet space, a large bedroom that can easily fit a master bed w/ ample closet space, in unit washer/dryer, rear deck w/outdoor space. Additional storage and coin laundry also included at main level. Building sits next to a quaint park where to enjoy the outside. HOA includes heat, rentals allowed with 1yr minimum term. Could be sold furnished. Forest Park permit parking available for an additional fee.

Last Agent to Sell the Property

Bernadette McLain

Baird & Warner License #475201386 Listed on: 07/23/2024

Baird & Warner

Last Buyer's Agent

Sam Shaffer

Chicago Properties Firm License #471017780

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1930

Lot Details

  • 0.29

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • French Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Courtyard

Schools

  • Garfield Elementary School
  • Proviso West High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, exterior maintenance, scavenger, snow removal
  • 39 Units
  • Contact La Association, Phone Number (708) 790-0751
  • Morgan Court Subdivision
  • Property managed by Dowling

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,927

Year Built

Built in 1930

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard
  • Subdivision Name: Morgan Court
  • Year Built: 1930
  • Age: 91-100 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: 3
  • ResoPropertyType: Residential
  • 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
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Granite Counters
  • LivingArea: 800
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Eating Area
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: French Doors
  • Window Features: Blinds
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 130000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Steam
  • Laundry Features: In Unit, Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 247
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Dowling
  • Management Contact Name: contact LA
  • Management Phone: 708-790-0751
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso West High School
  • Middle/Junior School District: 91

Lot Info

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

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1927.25
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Aug 28, 2024
Sold by
Andersen Matthew H
Bought by
Zornoza Jasper
Seller's Agent
Bernadette McLain
Baird & Warner
Buyer's Agent
Sam Shaffer
Chicago Properties Firm
List Price
$130,000
Sold Price
$141,000
Premium/Discount to List
$11,000
8.46%
Views
28
Current Estimated Value
$139,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,555
Avg. Annual Appreciation
-1.00%
Original Mortgage
$112,800
Outstanding Balance
$111,627
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$27,818

Purchase Details

Closed on
Jul 28, 2005
Sold by
Three Oaks Development Inc
Bought by
Andersen Matthew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,427
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Zornoza Jasper $141,000 None Listed On Document
Andersen Matthew H $148,500 Prairie Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zornoza Jasper $112,800
Previous Owner Andersen Matthew H $118,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 Sold $141,000 +8.5% $176 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $130,000 0.0% $163 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $130,000 0.0% $163 / Sq Ft
11/02/2020 11/02/20 Rented $1,050 0.0% --
10/12/2020 10/12/20 Under Contract -- -- --
09/23/2020 09/23/20 Price Changed $1,050 -10.6% $1 / Sq Ft
08/19/2020 08/19/20 For Rent $1,175 +14.6% --
05/17/2017 05/17/17 Rented $1,025 0.0% --
05/15/2017 05/15/17 Under Contract -- -- --
05/05/2017 05/05/17 For Rent $1,025 -- --
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 $2,186 $10,594 $350 $10,244
2023 $1,928 $10,594 $350 $10,244
2022 $1,928 $8,799 $367 $8,432
2021 $1,862 $8,799 $367 $8,432
2020 $1,890 $8,799 $367 $8,432
2019 $702 $5,423 $332 $5,091
2018 $685 $5,423 $332 $5,091
2017 $691 $5,423 $332 $5,091
2016 $617 $4,220 $305 $3,915
2015 $563 $4,220 $305 $3,915
2014 $572 $4,220 $305 $3,915
2013 $1,601 $7,581 $305 $7,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12117270

Midwest Real Estate Data (MRED)

APN: 15-13-210-024-1007