Erica Cuneen
Beyond Properties Realty Group
(630) 757-8294
312 Total Sales
20 in River Forest
$152K - $930K Price Range
7221 Thomas St River Forest, IL 60305
River Forest Area
16
Beds
8
Baths
--
Sq Ft
1945
Built
Highlights
- Corner Lot
- Willard Elementary School Rated A
- Hot Water Heating System
About This Home
As of March 20221037 Bonnie Brae to be sold with 7221 Thomas as a package. This is a rare opportunity to own 10 units in River Forest. The buildings are in need of repair. They offer great potential and are a 1/2 block walk to bus stops on Harlem. 1037 Bonnie Brae consists of 2 side by side 3 bedroom 1 1/2 bath brick townhomes with separate basements for storage and laundry. 2 car detached garage and additional outside parking spots and patio. 7221 Thomas consists of an 8 unit apartment building. All units are 2 bedroom and 1 bath. 1 is are larger than the other 7. All units have storage access in the basement. There are 8 outside parking spaces. The buildings are being sold "as is". It can also be a possible redevelopment site. Please look under additional information for the rent rolls and the projected Income and Expense figures.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,560
Year Built
- Built in 1945
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Lot Details
- Lot Dimensions are 55 x 184
- Corner Lot
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat, water, hot water
Community Details
Overview
- 8 Units
Building Details
- Maintenance Expense $15,000
- Operating Expense $49,955
- Gross Income $134,100
- Net Operating Income $84,145
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2022
Closed on
Mar 30, 2022
Sold by
Bought by
Seller's Agent
Andrew Gagliardo
Compass
Buyer's Agent
Mark Solak
Core Realty & Investments Inc.
List Price
$1,695,000
Sold Price
$780,395
Premium/Discount to List
-$914,605
-53.96%
Purchase Details
Closed on
Jun 5, 2018
Sold by
Bought by
Purchase Details
Closed on
Nov 24, 2017
Sold by
Bought by
Purchase Details
Closed on
Apr 14, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River Forest, IL
-
Erica Cuneen
-
Laura Catrambone-Gerace
Laura Catrambone-Gerace
Coldwell Banker Stratford Place
(224) 507-7159
173 Total Sales
1 in River Forest
$825,000 Price
-
Cecille Plurad
Cecille Plurad
Coldwell Banker Realty
(877) 761-6689
181 Total Sales
1 in River Forest
$103,500 Price
-
Andrew Gagliardo
Andrew Gagliardo
Compass
(708) 905-8112
101 Total Sales
36 in River Forest
$189K - $2M Price Range
-
Chester Jakala
Chester Jakala
Telequest Corp.
(844) 480-0258
32 Total Sales
1 in River Forest
$914,000 Price
-
George Ayling
George Ayling
Select a Fee RE System
(708) 859-7153
208 Total Sales
1 in River Forest
$296,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| -- | None Available | ||
| -- | Attorney | ||
| -- | Chicago Title Insurance Comp | ||
| -- | Cti |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2022 03/30/22 | Sold | $780,395 | -54.0% | -- |
| 02/18/2022 02/18/22 | Pending | -- | -- | -- |
| 02/10/2022 02/10/22 | For Sale | $1,695,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,636 | $106,744 | $15,450 | $91,294 |
| 2024 | $21,636 | $106,744 | $15,450 | $91,294 |
| 2023 | $31,414 | $79,036 | $15,450 | $63,586 |
| 2022 | $31,414 | $97,282 | $25,328 | $71,954 |
| 2021 | $28,575 | $91,884 | $25,327 | $66,557 |
| 2020 | $29,560 | $97,280 | $25,327 | $71,953 |
| 2019 | $13,176 | $42,443 | $16,209 | $26,234 |
| 2018 | $12,473 | $42,443 | $16,209 | $26,234 |
| 2017 | $12,429 | $42,443 | $16,209 | $26,234 |
| 2016 | $15,593 | $48,470 | $15,703 | $32,767 |
| 2015 | $15,318 | $48,470 | $15,703 | $32,767 |
| 2014 | $14,031 | $48,470 | $15,703 | $32,767 |
| 2013 | $16,433 | $58,241 | $15,703 | $42,538 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Gagliardo
Seller's Agent in 2022
Andrew Gagliardo
Compass
(708) 456-6965
101 Total Sales
-
Mark Solak
M
Buyer's Agent in 2022
Mark Solak
Core Realty & Investments Inc.
(773) 510-5858
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11321696
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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