$164,900

7048 Oconnell Dr Unit 3W Chicago Ridge, IL 60415

Estimated payment $1,337/month

Total Views 15,403
2 Beds
1 Bath
1,000 Sq Ft
$165 Price per Sq Ft

Highlights

  • Living Room
  • Dining Room
  • Family Room
  • Laundry Room
  • Heating System Uses Steam
  • 1-minute walk to Oconnell Tot Lot

About This Home

It is a pleasure to welcome you to your new home. This delightful condo, featuring two bedrooms and one bath, provides an ideal combination of both comfort and convenience for its residents. This move-in-ready unit, which is in a vibrant community, provides a great opportunity, allowing you to settle in and start enjoying your new space right away. The open floor plan maximizes the living area, and it also features a bright and airy living room, as well as a cozy dining space. Featuring all the amenities and appliances one could need, the well-appointed kitchen stands ready to facilitate your culinary adventures, and the spacious bedroom offers you a peaceful retreat. One of the great things about living here is that you can enjoy the added benefit of a low-maintenance lifestyle, as your association assessment covers everything except electricity! With nearby shops, diverse dining options, and relaxing parks all located just moments away, residents can take advantage of the convenient location. Here is an amazing opportunity you do not want to miss, making this charming condo your very own. Consider scheduling a showing of the property today.

Listing Agent

Kamal Salah

Better Homes & Gardens Real Estate License #471007235 Listed on: 08/15/2025

Better Homes & Gardens Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1971

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Included in Price

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, lawn care, scavenger, snow removal
  • 6 Units
  • Pat Association, Phone Number (708) 425-8700
  • Property managed by ERICKSON MANAGEMENT

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,921

Year Built

Built in 1971

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1971
  • 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,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 312
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ERICKSON MANAGEMENT
  • Management Contact Name: Pat
  • Management Phone: 708-425-8700

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1921.32
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 6

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,921 $9,001 $854 $8,147
2023 $1,198 $9,001 $854 $8,147
2022 $1,198 $6,450 $1,093 $5,357
2021 $2,435 $6,449 $1,093 $5,356
2020 $2,394 $6,449 $1,093 $5,356
2019 $4,484 $12,178 $990 $11,188
2018 $4,288 $12,178 $990 $11,188
2017 $4,346 $12,178 $990 $11,188
2016 $3,753 $9,880 $819 $9,061
2015 $3,690 $9,880 $819 $9,061
2014 $3,620 $9,880 $819 $9,061
2013 $2,137 $9,003 $819 $8,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2025 08/15/25 For Sale $164,900 +459.0% $165 / Sq Ft
04/12/2013 04/12/13 Sold $29,500 0.0% $35 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Off Market $29,500 -- --
02/05/2013 02/05/13 Price Changed $41,000 -3.5% $48 / Sq Ft
01/09/2013 01/09/13 Price Changed $42,500 -5.6% $50 / Sq Ft
12/10/2012 12/10/12 Price Changed $45,000 -12.2% $53 / Sq Ft
11/01/2012 11/01/12 For Sale $51,250 -- $60 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 Old Republic Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $50,000 Old Republic Title
Warranty Deed -- None Available
Special Warranty Deed $29,500 None Available
Legal Action Court Order -- None Available
Interfamily Deed Transfer -- Counselors Title Co Llc
Warranty Deed $114,000 Pntn
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $41,000 Purchase Money Mortgage
Previous Owner $102,600 Fannie Mae Freddie Mac
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12447838

Midwest Real Estate Data (MRED)

APN: 24-07-300-025-1006