$165,000
SOLD JUN 30, 2025

5525 Cromwell Ln Unit M1 Oak Forest, IL 60452

2 Beds
2 Baths
1,200 Sq Ft
$450/mo HOA Fee

Recently Sold

$138 Per Sq Ft

8% Below List Price

28 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Walk-In Closet
  • Oak Forest High School Rated A-
  • Formal Dining Room
  • Laundry Room

About This Home

As of June 2025

2 BED 2 BATH CONDO LOCATED IN DESIREABLE SCARBOROUGH FARE! RESORT LIKE FEEL - TENNIS COURTS AND OUTDOOR POOL!! SPACIOUS ROOM SIZES THROUGHOUT! NEW WOOD PLANK FARMHOUSE STYLE FLOORING ~WITH A LIFETIME WARRANTY! WHITE CABINETS, BUTCHER BLOCK COUNTERTOPS, FIREPLACE, TASTEFULLY PAINTED! ENJOY YOUR SERENE SURROUNDINGS ON THE DOUBLE WIDE DECK WITH TWO PATIO DOORS! WALK IN CLOSET, MASTER BATH AND SEPERATE VANITY! IN UNIT LAUNDRY HOOK UP. FURNACE AND A/C 2 YRS OLD. THE CONDO HAS STORAGE UNIT. CLOSE TO SCHOOLS, SHOPPING AND MINUTES FROM THE EXPRESSWAY. RENTALS ALLOWED. ASSESSMENT INCLUDES, POOL, TENNIS COURTS, HEAT, GAS, WATER, GARBAGE, SNOW REMOVAL AND LAWN CARE!

Last Agent to Sell the Property

Dana Wick

RE/MAX 1st Service License #475118736 Listed on: 04/28/2025

RE/MAX 1st Service

Last Buyer's Agent

Malgorzata Dworkiewicz

11 Arrows Realty and Management, LLC License #471022136

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,413

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Parking

  • 1 Parking Space
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Eileen Association, Phone Number (708) 425-8700
  • Scarborough Fare Subdivision
  • Property managed by ERICKSON

Amenities

  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,413

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Scarborough Fare
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Flooring: Laminate
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 174900
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 450
  • Association Amenities: Storage, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: ERICKSON
  • Management Contact Name: EILEEN
  • Management Phone: 708-425-8700X000

Fee Information

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

Schools

  • Middle/Junior School District: 142

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3413.13
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jun 17, 2025
Sold by
Lococo Gianna M
Bought by
Pulnik Marek and Pulnik Katarzyna
Seller's Agent
Dana Wick
RE/MAX 1st Service
Buyer's Agent
Malgorzata Dworkiewicz
11 Arrows Realty and Management, LLC
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.63%
Original Mortgage
$156,750
Outstanding Balance
$156,612
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$19,565

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 24, 2022
Sold by
Valkenburg Judy
Bought by
Lococo Giannam M
Seller's Agent
Kristi Turn
Keller Williams Preferred Rlty
Buyer's Agent
Dana Wick
RE/MAX 1st Service
List Price
$140,000
Sold Price
$147,000
Premium/Discount to List
$7,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$85,000
Interest Rate
5.38%
Mortgage Type
New Conventional
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 $165,000 Frankfort Title
Warranty Deed $147,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,750 New Conventional
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $165,000 -5.7% $138 / Sq Ft
05/26/2025 05/26/25 Pending -- -- --
05/16/2025 05/16/25 Price Changed $174,900 -2.8% $146 / Sq Ft
04/28/2025 04/28/25 For Sale $179,900 +22.4% $150 / Sq Ft
05/23/2022 05/23/22 Sold $147,000 +5.0% $123 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $140,000 -- $117 / 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 $4,450 $14,224 $981 $13,243
2023 $2,624 $14,224 $981 $13,243
2022 $2,624 $9,670 $981 $8,689
2021 $2,596 $9,669 $981 $8,688
2020 $2,585 $9,669 $981 $8,688
2019 $2,031 $8,472 $919 $7,553
2018 $1,994 $8,472 $919 $7,553
2017 $2,025 $8,472 $919 $7,553
2016 $2,896 $9,545 $797 $8,748
2015 $2,776 $9,545 $797 $8,748
2014 $2,717 $9,545 $797 $8,748
2013 $2,438 $9,614 $797 $8,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12349929

Midwest Real Estate Data (MRED)

APN: 28-09-100-138-1197