NOT LISTED FOR SALE

7200 N Ridge Blvd Unit 4E Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $257,000 - $280,472

2 Beds
2 Baths
1,185 Sq Ft
$460/mo HOA Fee

Last Sold May 05, 2023

Last sale price $252,000 $213 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,029/month

3 Days on Market

Highlights

  • Lock-and-Leave Community
  • End Unit
  • Stainless Steel Appliances
  • Wood Flooring
  • L-Shaped Dining Room
  • Balcony

About This Home

As of May 2023

Bright and spacious 2 bed, 2 bath corner penthouse unit with extra tall ceilings, south and east exposures in an Elevator building awaits your arrival! Recent major unit improvements include all new windows throughout, newer furnace and a/c compressor, newer stainless steel appliances and freshly painted throughout. Large rooms provide for endless entertainment and oversized balcony off the living room. Tons of natural light including large skylight in the kitchen features a window pass-thru to the dining room, L shaped living/dining room with plenty of space for your large dining table. Roomy primary bedroom suite with full bath and two ample closets. Large second bedroom with a generous closet. One designated outdoor parking space included! Easy street parking for guests or a second car. Lots of additional closet space with hallway and linen closets and designated storage on the ground floor. Convenient proximity to shopping, restaurants, parks and public transit. Why rent when you can own and build equity! Well managed association with very strong reserves and no specials planned. Come see this before it is gone!

Last Agent to Sell the Property

Morgan Sage

Berkshire Hathaway HomeServices Chicago License #475145394 Listed on: 04/07/2023

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Chris Chacon

Berkshire Hathaway HomeServices Chicago License #475162837

Last Buyer's Agent

Leigh Marcus

@properties Christie's International Real Estate License #475125223

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 1968

Lot Details

  • 0.95

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,185 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Skylights
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Laundry Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • G Armstrong Elementary School In
  • Sullivan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, lawn care, scavenger, snow removal, internet
  • 38 Units
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,811

Year Built

Built in 1968

Lot Details

0

HOA Fees

$460 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: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Skylight(s), Elevator, Hardwood Floors, Storage, Ceiling - 9 Foot
  • LivingArea: 1185
  • Other Equipment: TV-Cable, Intercom
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit, Master Antenna
  • Foundation Details: Concrete Perimeter
  • List Price: 200000
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 460
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, TV/Cable, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: G Armstrong Elementary School In
  • High School: Sullivan High School
  • Middle/Junior School: G Armstrong Elementary School In
  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1810.67
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 1, 2023
Sold by
Macdonald Norman M
Bought by
Gumola Beverly and Apolinario Elie
Seller's Agent
Morgan Sage
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Leigh Marcus
@properties Christie's International Real Estate
List Price
$200,000
Sold Price
$252,000
Premium/Discount to List
$52,000
26%
Views
95
Current Estimated Value
$264,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,868
Avg. Annual Appreciation
2.10%
Original Mortgage
$244,440
Outstanding Balance
$237,146
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$27,722

Purchase Details

Closed on
Oct 27, 2005
Sold by
Joseph Allison A
Bought by
Macdonald Norman M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 28, 2001
Sold by
Bogaard David
Bought by
Joseph Allison A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,625
Interest Rate
6.87%

Purchase Details

Closed on
Nov 20, 2000
Sold by
Daly James Patrick
Bought by
Bogaard David
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
Gumola Beverly $252,000 None Listed On Document
Macdonald Norman M $215,000 Rtc
Joseph Allison A $157,500 Centennial Title Incorporate
Bogaard David $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumola Beverly $244,440
Previous Owner Macdonald Norman M $215,000
Previous Owner Joseph Allison A $149,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $252,000 +26.0% $213 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $200,000 -- $169 / 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 $1,906 $16,527 $2,596 $13,931
2023 $1,819 $15,000 $2,077 $12,923
2022 $1,819 $15,000 $2,077 $12,923
2021 $1,811 $14,999 $2,076 $12,923
2020 $1,322 $11,517 $1,961 $9,556
2019 $1,074 $11,517 $1,961 $9,556
2018 $1,054 $11,517 $1,961 $9,556
2017 $1,148 $11,407 $1,730 $9,677
2016 $1,427 $11,407 $1,730 $9,677
2015 $1,266 $11,407 $1,730 $9,677
2014 $1,163 $10,670 $1,557 $9,113
2013 $1,121 $10,670 $1,557 $9,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11753998

Midwest Real Estate Data (MRED)

APN: 11-30-322-038-1033