NOT LISTED FOR SALE

7208 Oak Ave Unit 4SE River Forest, IL 60305

Estimated Value: $102,000 - $113,000

1 Bed
1 Bath
-- Sq Ft
$274/mo HOA Fee

Last Sold April 04, 2022

Last sale price $79,500

Est. 35% increase in value since last sale

Current estimated payment $1,065/month

146 Days on Market

Highlights

  • Elevator
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Roosevelt Middle School Rated A
  • Laundry Room
  • 3-minute walk to Cummings Square

About This Home

As of April 2022

Walk to everything from this commuter paradise! Light filled 4th floor corner condo is the perfect place to call home! Recent updates include granite counters, new appliances, ceiling fan in bedroom, new dining light/chandelier. Freshly painted throughout. Well maintained and beautifully landscaped buildings are situated in a parklike setting. The small complex of buildings is just steps from downtown Oak Park retail shops and restaurants, Trader Joe's, Dominican and Concordia University. Commuter friendly - Metra and Green Line a short walk. The oversized bedroom will accommodate a king bed and full bedroom set. You'll find ample storage and closet space along with an open and airy floorplan. Newer windows provide plenty of natural light while you enjoy the private treetop views. Bring your personal touches and start enjoying Pride of Ownership for less than the price of rent! Laundry and storage in the basement, bicycle storage sheds and outdoor bike racks are also available! Parking is available during the day for residents. Overnight parking may be obtained from a waitlist. Garage overnight parking options are available nearby. The association does not allow rentals ( except to family members) or pets. Reasonable assessment is only $274.64 per month. Quiet building in the back of the complex, not located on Harlem Ave. Downtown Oak Park, local parks and historic Frank Lloyd Wright District just outside your doorstep! Enjoy all Oak Park & River Forest have to offer. This is a unique affordable property surrounded by much higher priced real estate.

Last Agent to Sell the Property

Lorraine Cooper

Kale Realty License #475141775 Listed on: 09/17/2021

Kale Realty

Last Buyer's Agent

Mayela Calixto

Coldwell Banker Real Estate Group License #475193448

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1947

Lot Details

  • 2.47

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Combination Dining and Living Room
  • Range<<rangeHoodToken>>
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Uncovered Parking
  • On-Site Parking

Schools

  • Willard Elementary School
  • Oak Park & River Forest High Sch

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Candee Siaw Association, Phone Number (630) 941-0135
  • Property managed by REIS - Real Estate Investment Service

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,347

Year Built

Built in 1947

Lot Details

0

HOA Fees

$274 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: 1947
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • 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, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • 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: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 79500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Other
  • Number of Cars: 0
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 274
  • Association Amenities: Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: REIS - Real Estate Investment Service
  • Management Contact Name: Candee Siaw
  • Management Phone: 630-941-0135X116
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Willard Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 90
  • Junior High/Middle School #2: Roosevelt School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 6.03
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Apr 7, 2022
Sold by
Schaal Jamie F
Bought by
Carmona Salvador
Seller's Agent
Lorraine Cooper
Kale Realty
Buyer's Agent
Mayela Calixto
Coldwell Banker Real Estate Group
Sold Price
$79,500
Current Estimated Value
$107,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,177
Avg. Annual Appreciation
10.53%
Original Mortgage
$75,525
Outstanding Balance
$71,288
Interest Rate
3.88%
Estimated Equity
$39,102

Purchase Details

Listed on
Sep 17, 2021
Closed on
Mar 22, 2022
Sold by
Schaal Jamie F
Bought by
Carmona Salvador
Seller's Agent
Lorraine Cooper
Kale Realty
Buyer's Agent
Mayela Calixto
Coldwell Banker Real Estate Group
Sold Price
$79,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,525
Outstanding Balance
$71,288
Interest Rate
3.88%
Estimated Equity
$39,102

Purchase Details

Closed on
Oct 9, 2017
Sold by
Schall Fredrick J
Bought by
Schall Frederick J and Schall James F

Purchase Details

Closed on
Sep 4, 1997
Sold by
Western Springs National Bank & Trust
Bought by
Schaal Frederick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.65%

Purchase Details

Closed on
Mar 14, 1997
Sold by
Organ Melinda M
Bought by
Western Springs National Bank & Trust and Trust #2329
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
Carmona Salvador $79,500 --
Carmona Salvador $79,500 Chicago Title
Schall Frederick J -- None Available
Schaal Frederick J $33,333 --
Western Springs National Bank & Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmona Salvador $75,525
Closed Carmona Salvador $75,525
Previous Owner Schaal Frederick J $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $79,500 0.0% --
02/11/2022 02/11/22 Pending -- -- --
01/29/2022 01/29/22 For Sale -- -- --
12/21/2021 12/21/21 Off Market $79,500 -- --
09/17/2021 09/17/21 For Sale $79,500 -- --
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 $2,347 $8,572 $1,046 $7,526
2023 -- $8,572 $1,046 $7,526
2022 $0 $5,605 $1,107 $4,498
2021 $6 $5,604 $1,106 $4,498
2020 $6 $5,604 $1,106 $4,498
2019 $669 $5,712 $1,005 $4,707
2018 $669 $5,712 $1,005 $4,707
2017 $684 $5,712 $1,005 $4,707
2016 $618 $4,419 $845 $3,574
2015 $568 $4,419 $845 $3,574
2014 $536 $4,419 $845 $3,574
2013 $719 $5,179 $845 $4,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11221498

Midwest Real Estate Data (MRED)

APN: 15-12-205-024-1077