NOT LISTED FOR SALE

701 Busse Hwy Unit 1A Park Ridge, IL 60068

Estimated Value: $144,842 - $166,000

1 Bed
1 Bath
600 Sq Ft
$255/mo HOA Fee

Last Sold April 08, 2022

Last sale price $107,500 $179 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,338/month

46 Days on Market

Highlights

  • Living Room
  • Entrance Foyer
  • Bike Trail
  • Franklin Elementary School Rated A-
  • Dining Room
  • Coin Laundry

About This Home

As of April 2022

Come see this move-in-ready one-bedroom one-bath condo! Spacious living room with separate dining room area. Updated bathroom! Newer water heater and new windows! Prime location within walking distance to restaurants and bars, train, and bus stop! Storage locker, bike room, and laundry in basement.

Last Agent to Sell the Property

Matthew Messel

Compass License #475173623 Listed on: 02/03/2022

Compass

Last Buyer's Agent

Eva Diaz

ExaRealty LLC License #471021069

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 1965

Lot Details

  • 0.35

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 600 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Jefferson Elementary School
  • Emerson Middle School

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Tom Dase Association, Phone Number (847) 894-1200
  • Property managed by Park Place Condos

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,347

Year Built

Built in 1965

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 600
  • Room Type: Foyer
  • Stories Total: 3
  • 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

  • Foundation Details: Concrete Perimeter
  • List Price: 117500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 255
  • 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: Park Place Condos
  • Management Contact Name: Tom Dase
  • Management Phone: 847-894-1200
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Jefferson School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Apr 21, 2022
Sold by
Bochenek Anthony J and Estate Of Joyce A Boehenek
Bought by
Benyamin Edmond J
Seller's Agent
Matthew Messel
Compass
Buyer's Agent
Eva Diaz
ExaRealty LLC
List Price
$117,500
Sold Price
$107,500
Premium/Discount to List
-$10,000
-8.51%
Current Estimated Value
$153,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,961
Avg. Annual Appreciation
10.52%

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 31, 2022
Sold by
Bochenek Joyce A and Estate Of Joyce A Boehenek
Bought by
Bochenek Anthony J
Seller's Agent
Matthew Messel
Compass
Buyer's Agent
Eva Diaz
ExaRealty LLC
List Price
$117,500
Sold Price
$107,500
Premium/Discount to List
-$10,000
-8.51%

Purchase Details

Closed on
Sep 22, 1993
Sold by
The Northern Trust Bank Of Woodfield
Bought by
Bochenek Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7%
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
Benyamin Edmond J $107,500 --
Bochenek Anthony J $107,500 None Listed On Document
Bochenek Joyce A $45,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bochenek Joyce A $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $107,500 -8.5% $179 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $117,500 -- $196 / 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 $3,347 $12,331 $1,011 $11,320
2023 $1,606 $12,331 $1,011 $11,320
2022 $1,606 $12,331 $1,011 $11,320
2021 $231 $8,265 $661 $7,604
2020 $231 $8,265 $661 $7,604
2019 $0 $9,225 $661 $8,564
2018 $0 $6,403 $583 $5,820
2017 $0 $6,403 $583 $5,820
2016 $231 $6,403 $583 $5,820
2015 $273 $5,395 $505 $4,890
2014 $262 $5,395 $505 $4,890
2013 $254 $5,395 $505 $4,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11317107

Midwest Real Estate Data (MRED)

APN: 09-27-210-085-1001