NOT LISTED FOR SALE

Estimated Value: $71,000 - $111,000

1 Bed
1 Bath
340 Sq Ft
$176/mo HOA Fee

Last Sold July 16, 2021

Last sale price $72,000 $212 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $709/month

3 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Wood Flooring
  • Beach Access
  • In Ground Pool
  • End Unit

About This Home

As of July 2021

Stunning rehab, rarely available, waterview end unit studio on the Holiday Trail. No expense has been spared. New cabinets, baseboards, flooring, sliding door, quartz in the kitchen with wine fridge, onyx in the bath, lighting, custom murphy bed and all furniture (Lovesac sofa, bar stools, bistro set, tv with stand and coffee table and kitchen items) stays. Private shed for additional storage. Fantastic location with the harbor being right outside your patio door. Enjoy all the amenities of Vacation Village with pool, beach, fire pits, dog area, tennis courts, basketball, clubhouse and playground. Current boat slip availability through the association for an additional fee of $650/season. This is truly a turn key property. If you want to be on the Chain this summer, don't miss your chance to live the lake life!

Last Listed By

Michelle Goldstein

Lakes Realty Group License #475156003 Listed on: 06/08/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $900

Year Built

  • Built in 1970 | Remodeled in 2021

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $176 Monthly HOA Fees

Home Design

  • Studio
  • Cedar

Interior Spaces

  • 1 Full Bathroom
  • 340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Microwave

Home Security

Parking

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

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Boat Slip
  • Balcony
  • Shed

Schools

  • Lotus Elementary School
  • Stanton Middle School
  • Grant Community High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

Overview

  • Association fees include parking, insurance, clubhouse, pool, exterior maintenance, lawn care, snow removal, lake rights
  • 10 Units
  • Lori Association, Phone Number (847) 587-6497
  • Vacation Village Subdivision, Islander Floorplan
  • Property managed by VACATION VILLAGE

Amenities

  • Sundeck
  • Common Area
  • Party Room
  • Coin Laundry
  • Community Storage Space

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets up to 80 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$900

Year Built

Built in 1970 | Remodeled in 2021

Lot Details

0

HOA Fees

$176 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Subdivision Name: Vacation Village
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 340
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Boat Slip, Pool In-Ground, End Unit
  • List Price: 70000
  • Lot Features: Beach, Common Grounds, Corner Lot, Lake Front, Water View
  • OtherStructures: Shed(s), Tennis Court(s)
  • Waterfront: Yes
  • Exterior Building Type: Cedar

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 176
  • Association Amenities: Coin Laundry, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: VACATION VILLAGE
  • Management Contact Name: Lori
  • Management Phone: 847-587-6497

Fee Information

  • Association Fee Includes: Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Lake Rights

Schools

  • Elementary School: Lotus School
  • High School: Grant Community High School
  • Middle/Junior School: Stanton School
  • Middle/Junior School District: 114

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 80

Tax Info

  • Tax Annual Amount: 900.38
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 12, 2021
Sold by
Steger Mark and Pfantz Sandra
Bought by
Rosone Nicholas J
Seller's Agent
Michelle Goldstein
Lakes Realty Group
Buyer's Agent
Mary Serle
@properties Christie's International Real Estate
List Price
$70,000
Sold Price
$72,000
Premium/Discount to List
$2,000
2.86%
Total Days on Market
3
Current Estimated Value
$81,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,901
Avg. Annual Appreciation
5.82%
Original Mortgage
$63,650
Outstanding Balance
$58,375
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$30,984

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 23, 2018
Sold by
Rahn Charles J and Rahn Gina
Bought by
Steger Mark and Pfantz Sandra
Seller's Agent
Michelle Goldstein
Lakes Realty Group
Buyer's Agent
Michelle Goldstein
Lakes Realty Group
List Price
$47,000
Sold Price
$41,000
Premium/Discount to List
-$6,000
-12.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.59%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 18, 2014
Sold by
Cullotta Tony J
Bought by
Rahn Charles J and Rahn Gina
Seller's Agent
Joette Fleming
Weichert, Realtors - All Pro
Buyer's Agent
Marjorie Krutsch
Results Realty USA
List Price
$21,900
Sold Price
$21,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Perkins Joseph M
Bought by
Cullotta Tony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 12, 2004
Sold by
Larson Jeffrey R and Larson Carol A
Bought by
Perkins Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1993
Sold by
Grant Michael S
Bought by
Larson Jeffrey R and Larson Carol A

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
Rosone Nicholas J $72,000 Attorney
Steger Mark $41,000 Chicago Title Insurance Comp
Rahn Charles J $21,900 Citywide Title Corporation
Cullotta Tony J $55,000 Chicago Title Insurance Co
Perkins Joseph M $52,000 Multiple
Larson Jeffrey R $14,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosone Nicholas J $63,650
Previous Owner Cullotta Tony J $44,000
Previous Owner Perkins Joseph M $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $72,000 +2.9% $212 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $70,000 +70.7% $206 / Sq Ft
08/30/2018 08/30/18 Sold $41,000 -12.8% $121 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $47,000 +114.6% $138 / Sq Ft
11/26/2014 11/26/14 Sold $21,900 0.0% --
10/18/2014 10/18/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $21,900 -- --
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
2023 $948 $19,870 $3,405 $16,465
2022 $948 $10,531 $3,974 $6,557
2021 $911 $9,826 $3,708 $6,118
2020 $900 $9,555 $3,606 $5,949
2019 $857 $9,137 $3,448 $5,689
2018 $758 $7,820 $1,863 $5,957
2017 $745 $7,443 $1,773 $5,670
2016 $794 $7,183 $1,711 $5,472
2015 $788 $7,000 $1,667 $5,333
2014 $1,117 $10,188 $1,166 $9,022
2012 $1,101 $10,663 $1,166 $9,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11115795

Midwest Real Estate Data (MRED)

APN: 01-33-100-950