NOT LISTED FOR SALE

717 N 5th Ave Unit 302 Addison, IL 60101

Estimated Value: $272,257

2 Beds
2 Baths
1,380 Sq Ft
$298/mo HOA Fee

Last Sold December 13, 2022

Last sale price $235,000 $170 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,233/month

38 Days on Market

Highlights

  • Lock-and-Leave Community
  • Balcony
  • Resident Manager or Management On Site
  • Elevator
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of December 2022

Welcome to this exceptionally well-kept, 2-bedroom/2-bathroom, top floor unit in the Avanti Condominiums! This unit features a LARGE AND BRIGHT KITCHEN with newer stainless steel appliances, plenty of storage, and room for a breakfast nook. Entire unit is FRESHLY PAINTED. Lots of natural light pours in from the western exposure. The living and dining room spaces are seamlessly connected and provide plenty of space for an office set up. Enjoy sunsets or grilling on the large, PRIVATE BALCONY off of the living room. No need for a separate laundry room because this condo has IN-UNIT LAUNDRY. Two spacious bedrooms, with the primary featuring a walk-in closet and an en-suite bathroom with a standing shower. NEW HOT WATER HEATER (2022). This unit is located in one of two buildings in the entire community that is made from concrete, meaning that the building is extremely durable. It's also clean, well-managed, and elevator equipped. One HEATED GARAGE PARKING SPOT is available with the unit as well as ample outdoor parking. Additional private storage is located in the garage as well. INCREDIBLE LOCATION - expressways, shopping, dinning, schools, parks, movies, and more are all within a 5 minute drive! Investor-friendly. Come make this your new home!

Last Listed By

Peter Nicieja

Compass License #475194202 Listed on: 08/11/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 2001

Lot Details

  • 4.19

HOA Fees

  • $298 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,380 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Wesley Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • Michelle Association, Phone Number (630) 351-5600
  • Avanti Place Subdivision
  • Property managed by Dandre Management
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 35 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,056

Year Built

Built in 2001

Lot Details

0

HOA Fees

$298 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: Avanti Place
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • AttributionContact: (773) 598-0216
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1380
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 242500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 298
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Dandre Management
  • Management Contact Name: Michelle
  • Management Phone: 630-351-5600
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Wesley Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School
  • Middle/Junior School District: 4

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: 35

Tax Info

  • Tax Annual Amount: 4055.56
  • Tax Year: 2021

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Nov 28, 2022
Sold by
Edina Mahrnutovich
Bought by
Cheloni Toni
Seller's Agent
Peter Nicieja
Compass
Buyer's Agent
Louis Orlando
Zerillo Realty Inc.
List Price
$242,500
Sold Price
$235,000
Premium/Discount to List
-$7,500
-3.09%
Total Days on Market
38
Views
52
Current Estimated Value
$272,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,257
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Oct 26, 2004
Sold by
Oxford Bank & Trust
Bought by
Mahmutovich Edina and Mahmutovich Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,205
Interest Rate
6.62%
Mortgage Type
New Conventional

Range of Values:

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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
Cheloni Toni $235,000 Lakeland Title Services
Mahmutovich Edina $223,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahmutovich Kevin E $206,700
Previous Owner Mahmutovich Kevin E $222,300
Previous Owner Mahmutovich Edina $178,205
Closed Mahmutovich Edina $44,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $235,000 -3.1% $170 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $242,500 0.0% $176 / Sq Ft
11/22/2021 11/22/21 Rented -- -- --
10/14/2021 10/14/21 For Rent $1,800 -- --
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 $5,111 $69,430 $5,020 $64,410
2022 $4,241 $63,590 $4,600 $58,990
2021 $4,056 $60,910 $4,410 $56,500
2020 $3,937 $58,340 $4,220 $54,120
2019 $3,901 $56,100 $4,060 $52,040
2018 $4,067 $56,100 $4,060 $52,040
2017 $3,953 $53,620 $3,880 $49,740
2016 $3,828 $49,500 $3,580 $45,920
2015 $3,714 $45,730 $3,310 $42,420
2014 $3,738 $45,730 $3,310 $42,420
2013 $3,668 $46,670 $3,380 $43,290
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11488896

Midwest Real Estate Data (MRED)

APN: 03-20-327-008