NOT LISTED FOR SALE

7225 W Higgins Ave Unit 504 Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $245,698 - $266,000

2 Beds
2 Baths
1,300 Sq Ft
$271/mo HOA Fee

Last Sold September 06, 2018

Last sale price $172,500 $133 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,844/month

8 Days on Market

Highlights

  • Corner Lot
  • 2-minute walk to Harlem Station (Blue Line - O'hare Branch)
  • Balcony
  • William Howard Taft High School Rated A-
  • Fenced Yard
  • Breakfast Bar

About This Home

As of September 2018

Great Location - Corner Penthouse Unit Features 5 Rooms: Living Room, Dining Room, Kitchen, 2 Bedrooms (1 is Master Suite with Double Closets, Master Bath has Double Sink with wood Vanity also the 1/2 Bath New Wood Vanity and Sink in an Elevator Building. Bright and Spacious all Rehab in 2012; Wood Laminated Throughout and Tiles in both Bathrooms with New Vanities and Faucets. New Kitchen with Wood Cabinets, Granite Counter Top with Bar Stools and Space for Table, All New Stainless Steel Appliance. Newer Windows and Balcony Exposure South and East with a View of Down Town. Plenty of closet space, lobby & party room. Security Building Convenience of Laundry, Storage, Assigned Parking Space #27. Very Close to Expressway, CTA Blue Line, Buses, Shopping, Restaurants and Much Much More. Must See!!!

Last Agent to Sell the Property

Isabella Pitrello

Real People Realty License #471012410 Listed on: 07/25/2018

Real People Realty

Last Buyer's Agent

Salwan Huzairun

American International Realty License #475166883

American International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,887

Year Built | Renovated

  • 1968 | 2012

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $271 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof

Interior Spaces

  • Entrance Foyer
  • Storage
  • Door Monitored By TV

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Parking

  • Parking Available
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • Common Area
  • Storm Screens

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,887

Year Built | Renovated

1968 | 2012

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 5
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1968
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1968
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Elevator, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Refrigerator, Freezer
  • Equipment: Intercom, CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 18X12, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Foyer, Balcony
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Additional Room 1 Name: Foyer, Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 2 Name: Balcony, Dimensions: 11X5, On Level: Main Level
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1300

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Balcony, Storms/Screens, Door Monitored By TV
  • Exposure: S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Visitor Parking
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager On-site, Self-Management
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Elevator, Storage, Party Room, Security Door Locks
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 271
  • Management Contact Name: Zlatko
  • Management Phone: 773-592-3262

Fee Information

  • Management Company: Northwest Terrace

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Corner, Fenced Yard
  • Parcel Identification Number: 12122020841026

Multi Family

  • Total Number Unitsin Building: 28
  • Number Stories: 5

Tax Info

  • Taxes: 2052.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 6, 2018
Sold by
Medina Alberto X
Bought by
Huzairun Susan
Seller's Agent
Isabella Pitrello
Real People Realty
Buyer's Agent
Salwan Huzairun
American International Realty
List Price
$179,900
Sold Price
$172,500
Premium/Discount to List
-$7,400
-4.11%
Current Estimated Value
$254,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,925
Avg. Annual Appreciation
5.59%
Original Mortgage
$163,875
Outstanding Balance
$143,736
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$110,689

Purchase Details

Closed on
Sep 30, 2011
Sold by
Mcgovern Madalon
Bought by
Medina Alberto X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.22%
Mortgage Type
New Conventional
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
Huzairun Susan $172,500 Chicago Title
Medina Alberto X $85,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huzairun Susan $163,875
Previous Owner Medina Alberto X $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2018 09/06/18 Sold $172,500 -4.1% $133 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $179,900 0.0% $138 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $179,900 -- $138 / 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 $2,887 $21,865 $3,223 $18,642
2023 $2,793 $17,000 $2,578 $14,422
2022 $2,793 $17,000 $2,578 $14,422
2021 $2,749 $16,999 $2,578 $14,421
2020 $2,265 $13,268 $1,611 $11,657
2019 $2,217 $14,465 $1,611 $12,854
2018 $2,179 $14,465 $1,611 $12,854
2017 $2,017 $12,745 $1,417 $11,328
2016 $2,053 $12,745 $1,417 $11,328
2015 $1,855 $12,745 $1,417 $11,328
2014 $2,233 $14,605 $1,353 $13,252
2013 $2,178 $14,605 $1,353 $13,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10031385

Midwest Real Estate Data (MRED)

APN: 12-12-202-084-1026