NOT LISTED FOR SALE

7001 W Medill Ave Unit 1M Chicago, IL 60707

Montclare Neighborhood

Estimated Value: $118,000 - $152,732

1 Bed
1 Bath
950 Sq Ft
$192/mo HOA Fee

Last Sold November 25, 2014

Last sale price $44,500 $47 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,069/month

8 Days on Market

Highlights

  • Baseboard Heating
  • 1-minute walk to Mont Clare Station
  • 5-minute walk to Rutherford Sayre Park
  • Senior Tax Exemptions

About This Home

As of November 2014

NOT A SHORT OR FORECLOSURE! CHARMING 1 BEDROOM CONDO PLENTY OF NATURAL LIGHT IN A VERY WELL MAINTAINED BUILDING. ENTIRE BUILDING WAS REHABBED TO CONDOS IN 1997 WITH NEW KITCHENS AND TILE BATHS. SPACIOUS LIVING ROOM, NICE OAK CABINETS IN KITCHEN AND DECENT SIZE BEDROOM. CONVENIENT PARKING IN REAR AND WALKING DISTANCE TO DOWNTOWN METRA TRAIN. ALL KINDS OF SHOPPING. TAXES WITH NO EXEMPT $1808. WITH HOMEOWNER $1330.

Last Agent to Sell the Property

Norbert Mika

Compass License #471001355 Listed on: 10/31/2014

Compass

Last Buyer's Agent

Peter Fotopoulos

Baird & Warner License #471010854

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,371

Lot Details

  • 7,318

HOA Fees

  • $192 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,371

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 950

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry
  • Assessment Includes: Heat, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 192

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13311080151004

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 137.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Nov 25, 2014
Sold by
Koski Gloria
Bought by
Melendez Ramon Melendez
Seller's Agent
Norbert Mika
Compass
Buyer's Agent
Peter Fotopoulos
Baird & Warner
List Price
$46,900
Sold Price
$44,500
Premium/Discount to List
-$2,400
-5.12%
Current Estimated Value
$143,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,683
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Dec 19, 2000
Sold by
Marissa Development Group Llc
Bought by
Rush Gerald and Koski Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.8%
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
Melendez Ramon Melendez $44,500 Ct
Rush Gerald $62,000 Oconnor Title Guaranty Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rush Gerald $48,000
Closed Koski Gloria --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $44,500 -5.1% $47 / Sq Ft
11/08/2014 11/08/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $46,900 -- $49 / 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 $1,371 $10,734 $2,521 $8,213
2023 $1,337 $6,500 $2,033 $4,467
2022 $1,337 $6,500 $2,033 $4,467
2021 $1,307 $6,499 $2,033 $4,466
2020 $1,302 $5,845 $1,016 $4,829
2019 $1,320 $6,570 $1,016 $5,554
2018 $1,298 $6,570 $1,016 $5,554
2017 $1,589 $7,380 $894 $6,486
2016 $1,478 $7,380 $894 $6,486
2015 $1,352 $7,380 $894 $6,486
2014 $137 $9,939 $854 $9,085
2013 $137 $9,939 $854 $9,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08766454

Midwest Real Estate Data (MRED)

APN: 13-31-108-015-1004