$88,000
SOLD MAY 2, 2022

7208 Oak Ave Unit 4SW River Forest, IL 60305

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

Recently Sold

$104 Per Sq Ft

11% Above List Price

22 Days on Market

Highlights

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

About This Home

As of December 2022

Walkers, bikers, commuters, oh my! Metra and Green Line are just a short walk. Amazing opportunity to own in River Forest! This 4th floor unit is spacious, bright and affordable! The location can't be beat... just steps to Trader Joes, Jewel, Whole Foods, shops and local restaurants. Close to Dominican and Concordia Universities. Solid oak doors in bedroom & bath. Beautiful oak parquet flooring throughout. Plenty of storage space, enormous entry and bedroom closets, plus an oversized double linen closet next to the bathroom. The kitchen offers a nice sized panty and broom closet. Don't miss the extra storage unit located in the basement. Daytime parking for residents, overnight parking available from a waitlist. Local parking garages nearby. Low assessments include heat and water. This little gem is priced to sell and is one of the most affordable condos with a River Forest zip code. The association does not allow rentals, except to family members. Sorry no pets. Hurry and make your offer today while interest rates are still low.

Last Agent to Sell the Property

Lorraine Cooper

Kale Realty License #475141775 Listed on: 03/07/2022

Kale Realty

Last Buyer's Agent

Becky VanderVeen

Realty Executives Premier Illinois License #475127447

Realty Executives Premier Illinois

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1947

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room
  • Intercom

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

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

Community Details

Overview

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

Amenities

  • Coin Laundry
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,635

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
  • 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, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 850
  • Room Type: Storage
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed 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

  • List Price: 79500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 274
  • Association Amenities: Coin Laundry, Elevator(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: 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

Schools

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

Lot Info

  • 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: 1634.55
  • Tax Year: 2020

Multi Family

  • Units in Building: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Dec 1, 2022
Sold by
Barnes Timothy D
Bought by
Demelko Olesya and Demelko Diana
Seller's Agent
Becky VanderVeen
Realty Executives Premier Illinois
Buyer's Agent
Oleg Baliuk
KOMAR
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%
Views
135
Current Estimated Value
$110,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,909
Avg. Annual Appreciation
10.25%

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 27, 2022
Sold by
Schaal Mary
Bought by
Barnes Timothy D
Seller's Agent
Lorraine Cooper
Kale Realty
Buyer's Agent
Becky VanderVeen
Realty Executives Premier Illinois
List Price
$79,500
Sold Price
$88,000
Premium/Discount to List
$8,500
10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.89%
Original Mortgage
$51,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2011
Closed on
May 18, 2012
Sold by
Kellens Deidre R and Winterhalter Deidre K
Bought by
Schaal Mary
Seller's Agent
Eileen Kelly
@properties Christie's International Real Estate
Buyer's Agent
Mary Howell
Gloor Realty Company
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
May 27, 2004
Sold by
Sanakiewicz Marcin
Bought by
Kellens Deidre R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2001
Sold by
Allen Luke E and Allen Cathleen V
Bought by
Sanakiewicz Marcin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
7.25%

Purchase Details

Closed on
Jun 16, 1999
Sold by
London Maya
Bought by
Allen Luke E and Allen Cathleen V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.06%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $87,000 Chicago Title
Warranty Deed $88,000 Chicago Title
Warranty Deed $36,000 Baird & Warner Title Service
Warranty Deed $101,000 First American Title Ins Co
Warranty Deed $64,000 Lawyers Title Insurance Corp
Warranty Deed $51,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,000 New Conventional
Previous Owner $100,500 Unknown
Previous Owner $20,500 Credit Line Revolving
Previous Owner $59,850 No Value Available
Previous Owner $38,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $87,000 -3.2% $102 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $89,900 0.0% $106 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $89,900 +2.2% $106 / Sq Ft
05/02/2022 05/02/22 Sold $88,000 +10.7% $104 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $79,500 0.0% $94 / Sq Ft
03/28/2022 03/28/22 For Sale $79,500 0.0% $94 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $79,500 +127.1% $94 / Sq Ft
05/24/2012 05/24/12 Sold $35,000 -12.5% --
01/21/2012 01/21/12 Pending -- -- --
12/13/2011 12/13/11 Price Changed $40,000 -20.0% --
12/01/2011 12/01/11 For Sale $50,000 -- --
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 $2,252 $8,228 $1,004 $7,224
2023 $1,737 $8,228 $1,004 $7,224
2022 $1,737 $5,380 $1,062 $4,318
2021 $1,673 $5,379 $1,062 $4,317
2020 $1,635 $5,379 $1,062 $4,317
2019 $1,702 $5,483 $965 $4,518
2018 $2,131 $7,251 $965 $6,286
2017 $2,123 $7,251 $965 $6,286
2016 $1,365 $4,242 $811 $3,431
2015 $1,341 $4,242 $811 $3,431
2014 $1,228 $4,242 $811 $3,431
2013 $1,403 $4,971 $811 $4,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11340474

Midwest Real Estate Data (MRED)

APN: 15-12-205-024-1069