NOT LISTED FOR SALE

7214 Oak Ave Unit 1SW River Forest, IL 60305

Estimated Value: $92,000 - $116,550

1 Bed
1 Bath
900 Sq Ft
$265/mo HOA Fee

Last Sold December 23, 2022

Last sale price $92,000 $102 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,056/month

35 Days on Market

Highlights

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

About This Home

As of December 2022

Rarely available this first floor unit is in the perfect commuter & walker friendly location! Unit 1 SW has beautiful flooring throughout. The updated bathroom features a large soaking tub, newer vanity, tile walls and flooring. The bedroom will accommodate a king bed plus furniture! This flowing floor plan allows for many decorating options...table space, work space or exercise area while leaving plenty of room for the living room furniture and TV. New granite countertops and a single stainless steel undermount sink in kitchen. Move right into this updated condo and enjoy this awesome location! Walk to everything Oak Park & River Forest have to offer. Very commuter friendly, Metra and bus service just steps away. This is the closest unit to Oak Ave. Public transportation, groceries, restaurants & parks. are all just outside your doorstep! Concordia and Dominican University also walking distance. Freshly painted throughout! Laundry located downstairs next to private storage locker. Enjoy low monthly assessments and begin earning equity. Own for less than the price of rent! Enjoy the green space outside your doorstep plus all the amenities that River Forest and Oak Park have to offer. Compare to other condos in the area, you'll see this is a value in a fantastic location! Make an appointment to view this nicely updated condo soon before it's gone! Overnight parking for the building is available through a waitlist for $35 per month. Garage parking is just across the street next to Trader Joes. Bike racks available for bike parking. Pets and rentals are not allowed, unless service animal or immediate family member.

Last Agent to Sell the Property

Lorraine Cooper

Kale Realty License #475141775 Listed on: 10/06/2022

Kale Realty

Last Buyer's Agent

Tiana Key

Redhawk Realty IL License #475189820

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $692

Year Built

  • Built in 1942

Lot Details

  • 2.47

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Cluster Home
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Location

  • Property is near a bus stop

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$692

Year Built

Built in 1942

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Cluster,Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Cluster,Condo,Mid Rise (4-6 Stories)
  • Year Built: 1942
  • 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: 1
  • ResoPropertyType: Residential
  • AttributionContact: lcooper@kalerealty.com
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 900
  • Room Type: Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 99000
  • 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: 265
  • Association Amenities: Elevator(s), Intercom, Public Bus
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: REIS - Real Estate Investment Services
  • Management Contact Name: Candee Siaw
  • Management Phone: 630-941-0135X116
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 691.85
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 7, 2022
Sold by
Munroe Courtland and Munroe Mary Lou
Bought by
Ford Christopher and Ford Alejandra Acabal
Seller's Agent
Lorraine Cooper
Kale Realty
Buyer's Agent
Tiana Key
Redhawk Realty IL
List Price
$101,500
Sold Price
$92,000
Premium/Discount to List
-$9,500
-9.36%
Views
127
Current Estimated Value
$109,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,138
Avg. Annual Appreciation
8.34%
Original Mortgage
$87,400
Outstanding Balance
$85,179
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$27,763

Purchase Details

Closed on
Sep 23, 2015
Sold by
Neal Wendy Lou Hauff Marquez and Hauff Robert
Bought by
Munroe Courtland and Munroe Mary Lou

Purchase Details

Closed on
Dec 6, 1998
Sold by
Munroe Courtland and Munroe Mary Lou
Bought by
Munroe Courtland and Munroe Mary Lou
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
Ford Christopher $92,000 None Listed On Document
Ford Christopher $92,000 --
Munroe Courtland -- Attorney
Munroe Courtland $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Christopher $87,400
Closed Ford Christopher $87,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $92,000 -7.1% $102 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $99,000 -2.5% $110 / Sq Ft
10/06/2022 10/06/22 For Sale $101,500 -- $113 / 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 $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 $692 $5,379 $1,062 $4,317
2019 $637 $5,483 $965 $4,518
2018 $602 $5,483 $965 $4,518
2017 $617 $5,483 $965 $4,518
2016 $561 $4,242 $811 $3,431
2015 $512 $4,242 $811 $3,431
2014 $484 $4,242 $811 $3,431
2013 $661 $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: 11646295

Midwest Real Estate Data (MRED)

APN: 15-12-205-024-1112