NOT LISTED FOR SALE

5721 W 103rd St Unit 301 Oak Lawn, IL 60453

Estimated Value: $118,000 - $150,000

1 Bed
1 Bath
700 Sq Ft
$242/mo HOA Fee

Last Sold July 01, 2022

Last sale price $87,000 $124 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,124/month

63 Days on Market

Highlights

  • Golf Course Community
  • Balcony
  • Patio
  • Property is near a park
  • 1 Car Attached Garage
  • 2-minute walk to Memorial Park

About This Home

As of July 2022

Great investment opportunity on this currently rented unit! This condo is rented by solid tenants currently paying $1,100/month, lease expiring January 2023. 8% CAP RATE. Third floor, 1-bedroom, 1-bathroom unit with rare one-car attached garage included. Galley style kitchen. Master bedroom has nice size closet. New central air and furnace system. Nice size living room with private balcony and nice view of the park. Plenty of storage in the basement. Very close to park, tennis courts, fishing pond and Stony Creek Golf Course.

Last Agent to Sell the Property

Charbel Bourjas

Kale Realty License #475199558 Listed on: 04/01/2022

Last Buyer's Agent

Dion Romano

RE/MAX Territory License #476429533

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,373

Lot Details

  • 0.39

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 700 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range with Range Hood

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Additional Parcels
  • Property is near a park

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Association Phone (708) 532-4600
  • Condo
  • Property managed by Advanced Property Specialist

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,373

Lot Details

0

HOA Fees

$242 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
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Flood Zone
  • 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, Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Storage
  • LivingArea: 700
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 94950
  • Lot Features: Common Grounds, Park Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 242
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Golf Course, Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Advanced Property Specialist
  • Management Contact Name: XXXXXXXXX
  • Management Phone: 708-532-4600
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 127

Lot Info

  • Additional Parcels: Yes
  • 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: 2372.65
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jul 1, 2022
Sold by
Sr Housing Llc
Bought by
Az Spe Llc
Seller's Agent
Charbel Bourjas
Kale Realty
Buyer's Agent
Dion Romano
RE/MAX Territory
List Price
$94,950
Sold Price
$87,000
Premium/Discount to List
-$7,950
-8.37%
Current Estimated Value
$121,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,298
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
Aug 13, 2018
Sold by
Bourjas Elias S and Bourjas Nada A
Bought by
Sr Housing Llc

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 5, 2018
Sold by
First Midwest Bank
Bought by
Bourjas Elias S and Bourjas Nada
Seller's Agent
Bryan Knudsen
Village Realty, Inc.
Buyer's Agent
Dany Bourjas
Kale Realty
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
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
Az Spe Llc $87,000 Old Republic Title
Sr Housing Llc -- None Available
Bourjas Elias S $45,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $87,000 -8.4% $124 / Sq Ft
04/01/2022 04/01/22 For Sale $94,950 +111.0% $136 / Sq Ft
01/19/2018 01/19/18 Sold $45,000 -18.0% $64 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/27/2017 12/27/17 For Sale $54,900 0.0% $78 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $54,900 -- $78 / 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 $2,613 $8,939 $1,003 $7,936
2023 $1,767 $8,939 $1,003 $7,936
2022 $1,767 $4,870 $895 $3,975
2021 $1,708 $4,868 $894 $3,974
2020 $2,170 $6,210 $894 $5,316
2019 $2,235 $6,080 $813 $5,267
2018 $4,256 $12,141 $813 $11,328
2017 $4,308 $12,141 $813 $11,328
2016 $2,535 $6,678 $677 $6,001
2015 $2,499 $6,678 $677 $6,001
2014 $2,462 $6,678 $677 $6,001
2013 $2,607 $7,775 $677 $7,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11363165

Midwest Real Estate Data (MRED)

APN: 24-17-201-129-1009