NOT LISTED FOR SALE

7221 Adams St Unit 2 Forest Park, IL 60130

Estimated Value: $134,000 - $147,095

1 Bed
1 Bath
644 Sq Ft
$257/mo HOA Fee

Last Sold May 29, 2019

Last sale price $110,000 $171 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,316/month

3 Days on Market

About This Home

As of May 2019

Move-in ready 1 Bedroom, 1 Bath vintage condo features lovely hardwood floors throughout. Large eat-in wood cabinet kitchen with granite counter tops and combination washer/dryer. Spacious Living Room with double door closet and southern exposure. White ceramic tiled full bath. Coin laundry and storage locker in basement. Pet friendly building located on a quiet tree lined street close to everything Madison Street has to offer! Enjoy dining, shopping, entertainment, pubs, coffee shops and fitness centers. Lots of transportation options including the Blue & Green Lines, the Metra (Oak Park station) and 290. Sellers have 2 leased parking spots to pass on to the next owners. Unit can be rented however there currently is a waiting list. The sellers have filed a Certificate of Error as they have been without the home owners exemption.

Last Agent to Sell the Property

Jerre Cusick

@properties Christie's International Real Estate License #475131714 Listed on: 04/22/2019

@properties Christie's International Real Estate

Co-Listed By

Lynn Taylor

@properties Christie's International Real Estate License #475133588

Last Buyer's Agent

Roman Lewis

Baird & Warner License #475175508

Baird & Warner

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1932 | 2005

Lot Details

  • 8,233

HOA Fees

  • $257 per month

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $3,000 Seller Concession

Property Details

Home Type

Condominium

Year Built | Renovated

1932 | 2005

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2005
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1932
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1932
  • Year Renovated: 2005

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 15X12, On Level: 2nd Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 14X10, On Level: 2nd Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X9, On Level: 2nd Level

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment Includes: Heat, Water
  • Assessment Association Fees: 257
  • Management Contact Name: Team Alpha
  • Management Phone: 773-913-2569

Fee Information

  • Management Company: Connected Property Management

Schools

  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 15132060421006

Multi Family

  • Total Number Unitsin Building: 19
  • Number Stories: 3

Tax Info

  • Taxes: 2649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 16, 2019
Sold by
Spear Timothy T and Spear Elizabeth G
Bought by
Winbush Brianna
Seller's Agent
Jerre Cusick
@properties Christie's International Real Estate
Buyer's Agent
Roman Lewis
Baird & Warner
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%
Current Estimated Value
$146,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,945
Avg. Annual Appreciation
3.89%
Original Mortgage
$108,007
Outstanding Balance
$97,209
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$44,315

Purchase Details

Listed on
Jun 8, 2013
Closed on
Nov 13, 2013
Sold by
Hanrahan Corinne T and Mieszczak Corinne T
Bought by
Spear Timothy T
Seller's Agent
Krystal Kelham
Absolute Realty Source Corp.
Buyer's Agent
Jerre Cusick
@properties Christie's International Real Estate
List Price
$75,000
Sold Price
$53,000
Premium/Discount to List
-$22,000
-29.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Original Mortgage
$52,040
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2005
Sold by
Leaf Inc
Bought by
Hanrahan Corinne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Winbush Brianna $110,000 Chicago Title Insurance Co
Spear Timothy T $53,000 Old Republic National Title
Hanrahan Corinne T $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winbush Brianna $108,007
Previous Owner Spear Timothy T $52,040
Previous Owner Hanrahan Corinne T $101,000
Closed Hanrahan Corinne T $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2019 05/29/19 Sold $110,000 +4.8% $171 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $105,000 +98.1% $163 / Sq Ft
11/13/2013 11/13/13 Sold $53,000 -18.5% $82 / Sq Ft View Prior Sale
08/30/2013 08/30/13 Pending -- -- --
07/23/2013 07/23/13 Price Changed $65,000 -13.3% $101 / Sq Ft
06/08/2013 06/08/13 For Sale $75,000 -- $116 / 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
2025 $3,488 $11,614 $413 $11,201
2024 $3,488 $11,614 $413 $11,201
2023 $3,350 $11,614 $413 $11,201
2022 $3,350 $9,348 $486 $8,862
2021 $3,182 $9,346 $485 $8,861
2020 $3,101 $9,346 $485 $8,861
2019 $1,558 $7,853 $444 $7,409
2018 $1,523 $7,853 $444 $7,409
2017 $2,649 $7,853 $444 $7,409
2016 $2,202 $6,144 $403 $5,741
2015 $2,167 $6,144 $403 $5,741
2014 $2,126 $6,144 $403 $5,741
2013 $2,636 $10,780 $403 $10,377
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jerre Cusick

    @ Properties

    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lynn Taylor

    @ Properties

    Section Image
  • Roman Lewis

    Buyer's Agent in 2019

    Roman Lewis

    Baird Warner

    (630) 272-9165

    5 in this area

    25 Total Sales

    Roman Lewis
    Section Image

  • K

    Seller's Agent in 2013

    Krystal Kelham

    Absolute Realty Source Corp.

    Section Image
  • Gladis Beirne

    Seller Co-Listing Agent in 2013

    Gladis Beirne

    Absolute Realty Source Corp.

    (708) 528-4111

    2 in this area

    52 Total Sales

    Gladis Beirne
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10352137

Midwest Real Estate Data (MRED)

APN: 15-13-206-042-1006

Illinois Cook County Forest Park 60130

7221 Adams St Unit 2, Forest Park, IL

Not Listed for Sale

Condos

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