$125,000
SOLD AUG 5, 2024

7202 Oak Ave Unit 1NE River Forest, IL 60305

2 Beds
1 Bath
900 Sq Ft
$348/mo HOA Fee

Recently Sold

$139 Per Sq Ft

11% Below List Price

63 Days on Market

Highlights

  • Elevator
  • Coin Laundry
  • 3-minute walk to Cummings Square
  • Roosevelt Middle School Rated A
  • Community Storage Space

About This Home

As of August 2024

Hard to find First floor condo** Filled with plenty of natural light ** Located in the heart of River Forest ** Great location close to downtown Oak Park, CTA, Metra trains and major expressways ** Close to restaurants and shopping ** This Condo is a perfect opportunity for you to build sweat equity and enjoy living in this gorgeous condo complex ** Building does have an elevator and laundry room is in the basement** Currently there is a wait list for parking spots but plenty of street parking is available ** Conventional financing w 10% down **

Last Agent to Sell the Property

Vipin Gulati

RE/MAX Professionals Select License #471009332 Listed on: 05/17/2024

RE/MAX Professionals Select

Last Buyer's Agent

Christopher Thomas

EXIT Strategy Realty License #471009720

EXIT Strategy Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1942

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • 900 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Oak Park & River Forest High Sch

Utilities

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

Community Details

Overview

  • Association fees include heat, water, insurance, exercise facilities, exterior maintenance, lawn care
  • 16 Units
  • Anyone Association
  • River Forest Garden Subdivision
  • Property managed by Management Co

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,402

Year Built

Built in 1942

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: River Forest Garden
  • Year Built: 1942
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: 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: 231

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 999
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 130000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 348
  • Association Amenities: Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Management Co
  • Management Contact Name: anyone
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care

Schools

  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2402
  • Tax Year: 2022

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Aug 5, 2024
Sold by
Manchireddy Suman
Bought by
Atharva9 Llc
Seller's Agent
Vipin Gulati
RE/MAX Professionals Select
Buyer's Agent
Christopher Thomas
EXIT Strategy Realty
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.26%

Purchase Details

Closed on
Jul 12, 2005
Sold by
Zabokrzycki Piotr and Kopera Stanislaw
Bought by
Manchireddy Suman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,600
Interest Rate
5.74%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 22, 2001
Sold by
Kopera Stanislaw
Bought by
Zabokrzycki Piotr and Kopera Stanislaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.02%
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 Type Sale Price Title Company
Warranty Deed $125,000 Regency Title
Warranty Deed $138,000 Multiple
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,175 New Conventional
Previous Owner $116,000 Unknown
Previous Owner $21,700 Credit Line Revolving
Previous Owner $27,600 Stand Alone Second
Previous Owner $110,400 Fannie Mae Freddie Mac
Previous Owner $116,973 Credit Line Revolving
Previous Owner $56,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Pending -- -- --
07/05/2025 07/05/25 Price Changed $199,000 -2.9% $221 / Sq Ft
05/19/2025 05/19/25 Price Changed $205,000 -1.9% $228 / Sq Ft
03/27/2025 03/27/25 For Sale $209,000 +67.2% $232 / Sq Ft
08/05/2024 08/05/24 Sold $125,000 -3.8% $139 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $130,000 -7.1% $144 / Sq Ft
05/12/2024 05/12/24 For Sale $140,000 -- $156 / 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 $1,724 $9,616 $1,174 $8,442
2023 $925 $9,615 $1,173 $8,442
2022 $925 $6,286 $1,241 $5,045
2021 $919 $6,286 $1,241 $5,045
2020 $967 $6,286 $1,241 $5,045
2019 $924 $6,407 $1,128 $5,279
2018 $1,480 $8,473 $1,128 $7,345
2017 $1,493 $8,473 $1,128 $7,345
2016 $791 $4,956 $947 $4,009
2015 $737 $4,956 $947 $4,009
2014 $691 $4,956 $947 $4,009
2013 $897 $5,808 $947 $4,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12053955

Midwest Real Estate Data (MRED)

APN: 15-12-205-024-1018