$254,500
SOLD MAR 14, 2025

7225 W Higgins Ave Unit 201 Chicago, IL 60656

Norwood Park Neighborhood
2 Beds
1.5 Baths
1,200 Sq Ft
$320/mo HOA Fee

Recently Sold

$212 Per Sq Ft

2% Below List Price

100 Days on Market

Highlights

  • End Unit
  • 2-minute walk to Harlem Station (Blue Line - O'hare Branch)
  • Formal Dining Room
  • Taft High School Rated A-
  • Elevator
  • Balcony

About This Home

As of March 2025

TOTALLY UPDATED, BRIGHT AND FRESHLY PAINTED, SECOND FLOOR 2 BEDROOM 1 AND 1/2 BATHROOMS CORNER UNIT LOCATED IN COVETED NORWOOD PARK LOCATION WITH HIGHLY RATED SCHOOLS, CLOSE TO EVERYTHING: BLUE LINE, I-90, SHOPPING, RESTAURANTS, O'HARE. OPEN LAYOUT FEATURES NEW SOUNDPROOF VINYL FLOORING THROUGHOUT, SPACIOUS L-SHAPED LIVING ROOM/DINNING ROOM WITH SLIDERS TO LARGE BALCONY, RECENTLY UPDATED KITCHEN WITH 42' WHITE KITCHEN CABINETS, GRANITE COUNTERTOPS AND SS APPLIANCES APPLIANCES, GENEROUS SIZE OF BOTH BEDROOMS, UPDATED BOTH BATHROOMS WITH NEW COPPER PIPES, NEW WINDOWS, CENTRAL AIR. LOADS OF CLOSET SPACE. RADIANT FLOOR HEATING. LOW ASSESSMENT INCLUDES HEAT, WATER, GAS. WELL MANAGED ELEVATOR BUILDING, STRONG HOA. THE UNIT COMES WITH A SORAGE AND ONE DESIGNATED PARKING SPACE (#11). SECOND PARKING SPACE CAN BE RENTED THROUGH THE ASSOCIATION. NOTHING TO DO BUT MOVE RIGHT IN. OWNER OCCUPIED BUILDING

Last Agent to Sell the Property

Milenko Miljevic

Coldwell Banker Realty License #475133844 Listed on: 10/08/2024

Coldwell Banker Realty

Last Buyer's Agent

Slawomir Rachmaciej

Exit Realty Redefined License #475178105

Exit Realty Redefined

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1968

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Vinyl Flooring
  • Intercom
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Shelley Lopez Association, Phone Number (773) 764-9547
  • Northwest Terrace Subdivision
  • Property managed by MILLS REALTY
  • 5-Story Property

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

$3,376

Year Built

Built in 1968

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Northwest Terrace
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Other Equipment: Intercom
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 259900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 320
  • 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: MILLS REALTY
  • Management Contact Name: SHELLEY LOPEZ
  • Management Phone: 773-764-9547
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3375.65
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Mar 14, 2025
Sold by
Vladusic Dejan and Vladusic Ivana Duric
Bought by
Mckenna Mayumi
Seller's Agent
Milenko Miljevic
Coldwell Banker Realty
Buyer's Agent
Slawomir Rachmaciej
Exit Realty Redefined
List Price
$259,900
Sold Price
$254,500
Premium/Discount to List
-$5,400
-2.08%
Views
150
Current Estimated Value
$254,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$427
Avg. Annual Appreciation
-0.40%
Original Mortgage
$200,000
Outstanding Balance
$199,041
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$55,032

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 7, 2018
Sold by
Albany Bank & Trust Company N A
Bought by
Duric Vladusic Dejan and Duric Vladusic Ivana
Seller's Agent
Jackie Thom
Engel & Voelkers Chicago North Shore
Buyer's Agent
Rudy Markovic
Realty Network Inc.
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$139,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Drew Betty J
Bought by
Albany Bank & Trust Co Na and Trust #11-6066

Purchase Details

Closed on
Jul 10, 2003
Sold by
Fogelis Donna Marie and Trust #3596
Bought by
Drew Betty J

Purchase Details

Closed on
Mar 15, 1996
Sold by
Gorr Marie L
Bought by
Fogelis Gorr Marie L and Fogelis Donna Marie
Source: Public Records

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Range of Values:

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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 $254,500 Burnet Title
Deed $155,000 Fidelity National Title
Warranty Deed -- --
Deed $183,000 Agtf Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $139,000 New Conventional
Previous Owner $139,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $254,500 -2.1% $212 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
10/08/2024 10/08/24 For Sale $259,900 +67.7% $217 / Sq Ft
08/10/2018 08/10/18 Sold $155,000 0.0% --
06/22/2018 06/22/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $155,000 -- --
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 $3,376 $21,324 $3,143 $18,181
2023 $3,291 $16,000 $2,514 $13,486
2022 $3,291 $16,000 $2,514 $13,486
2021 $3,217 $15,999 $2,514 $13,485
2020 $2,882 $12,939 $1,571 $11,368
2019 $2,834 $14,107 $1,571 $12,536
2018 $2,787 $14,107 $1,571 $12,536
2017 $117 $12,430 $1,382 $11,048
2016 $2,490 $12,430 $1,382 $11,048
2015 $1,454 $12,430 $1,382 $11,048
2014 $2,643 $14,244 $1,320 $12,924
2013 $520 $14,244 $1,320 $12,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12183448

Midwest Real Estate Data (MRED)

APN: 12-12-202-084-1005