NOT LISTED FOR SALE

701 Forum Square Unit 501 Glenview, IL 60025

Estimated Value: $270,000 - $302,000

3 Beds
2 Baths
1,600 Sq Ft
$446/mo HOA Fee

Last Sold July 29, 2022

Last sale price $225,500 $141 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,427/month

4 Days on Market

Highlights

  • Fitness Center
  • Main Floor Bedroom
  • Party Room
  • Hoffman Elementary School Rated A-
  • Community Indoor Pool
  • Elevator

About This Home

As of July 2022

Rare 3 bedroom condo in Triumvera, corner unit on the 5th floor. 701 Forum is a quiet well-maintained building with South and West exposures. There is a lovely view of the pond and fountain from the private balcony, plus fabulous sunsets! Open concept offers a huge living room that opens to the over-sized dining room. Adjoining that room is a 3rd bedroom currently used as a den. The galley kitchen, with room for a breakfast table, has double doors that open to the balcony. Rain or shine, grab a cup of coffee or glass of wine and relax with the beautiful, peaceful vista the covered balcony provides. The spacious primary suite has a large walk in closet, and ensuite bath. There is also an additional storage room, 2 pantries, and an extra bath in the hall. Condo comes with a convenient, assigned, indoor garage parking space. Also available is a huge clubhouse with indoor/outdoor pool available year round. Clubhouse (Rec Center) also has a workout room, staff-monitored game rooms, a meeting room, a party room with piano and a full kitchen. It's the perfect gathering space for entertaining family and friends.

Last Agent to Sell the Property

Margaret Ludemann

@properties Christie's International Real Estate License #475132813 Listed on: 06/15/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Paul Han

HomeSmart Connect LLC License #475121997

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1983

Lot Details

  • 0.56

HOA Fees

  • $446 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Open Floorplan
  • Dining Room
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Front Desk Association, Phone Number (847) 827-2117
  • Triumvera Subdivision, 3Br Floorplan
  • Property managed by Triumvera
  • 6-Story Property

Amenities

  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator
  • Lobby

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,537

Year Built

Built in 1983

Lot Details

0

HOA Fees

$446 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
  • Subdivision Name: Triumvera
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Some Carpeting, Some Window Treatmnt, Dining Combo, Drapes/Blinds, Lobby
  • LivingArea: 1600
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 1600
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1600
  • Total Sq Ft: 1600
  • Main Level Sq Ft: 1600

Exterior Features

  • ExteriorFeatures: Balcony, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 224900
  • Lot Features: Common Grounds
  • Roof: Metal
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Electric, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 446
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Indoor Pool, Ceiling Fan
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Triumvera
  • Management Contact Name: front desk
  • Management Phone: 847-827-2117
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 34

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2537.49
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 26, 2022
Sold by
Janice M Lucas Drell Revocable Trust
Bought by
Lee Hanna
Seller's Agent
Margaret Ludemann
@properties Christie's International Real Estate
Buyer's Agent
Paul Han
HomeSmart Connect LLC
List Price
$224,900
Sold Price
$225,500
Premium/Discount to List
$600
0.27%
Total Days on Market
4
Current Estimated Value
$284,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,537
Avg. Annual Appreciation
6.81%
Original Mortgage
$180,400
Outstanding Balance
$174,174
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$98,591

Purchase Details

Closed on
Feb 12, 2012
Sold by
Lucas Drell Janice M
Bought by
Lucas Drell Janice M and Janice M Lucas Drell Revocable

Purchase Details

Closed on
Oct 10, 2006
Sold by
Kim Byung K
Bought by
Drell Janice M Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Irving Marvin S and Irving Maryanne F
Bought by
Kim Byung Kook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Stawins Richard Lee and Estate Of Joan Stavins
Bought by
Irving Marvin and Irving Maryanne F
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 Buyer Sale Price Title Company
Lee Hanna $225,500 Proper Title
Lucas Drell Janice M -- None Available
Drell Janice M Lucas $250,000 Republic Title Company
Kim Byung Kook $235,000 Atgf Inc
Irving Marvin $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hanna $180,400
Closed Lee Hanna $180,400
Previous Owner Drell Janice M Lucas $200,000
Previous Owner Kim Byung Kook $185,000
Previous Owner Irving Marvin $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $225,500 +0.3% $141 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $224,900 -- $141 / 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 $4,740 $20,142 $510 $19,632
2023 $3,104 $20,142 $510 $19,632
2022 $3,104 $20,142 $510 $19,632
2021 $2,447 $15,455 $347 $15,108
2020 $2,537 $15,455 $347 $15,108
2019 $2,380 $17,130 $347 $16,783
2018 $1,611 $12,826 $301 $12,525
2017 $1,592 $12,826 $301 $12,525
2016 $2,295 $12,826 $301 $12,525
2015 $2,209 $11,507 $243 $11,264
2014 $2,174 $11,507 $243 $11,264
2013 $2,098 $11,507 $243 $11,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11435809

Midwest Real Estate Data (MRED)

APN: 04-32-402-057-1041