NOT LISTED FOR SALE

7229 W Higgins Ave Unit 502 Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $187,000 - $210,000

1 Bed
1 Bath
925 Sq Ft
$298/mo HOA Fee

Last Sold March 01, 2024

Last sale price $180,000 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,578/month

96 Days on Market

Highlights

  • Party Room
  • 3-minute walk to Harlem Station (Blue Line - O'hare Branch)
  • Balcony
  • Taft High School Rated A-
  • Elevator
  • Resident Manager or Management On Site

About This Home

As of March 2024

Solid condo unit, bright & spacious open floorplan. 1 bedroom large walk in closet, 1 Bath, Well maintained building with elevator and additional storage room. ALL NEW APPLIANCES, RECENTLY PAINTED AND RE-FINISHED FLOORS. This unit has 1 assigned parking spot and second parking spot upon request and availability property also has visitor parking. Party room in common area and outside grounds perfect for summer activities. Assessment includes heat, water, gas and building maintenance. Easy for commuters, and perfect for travelers, very close to O'Hare Airport, the Blue Line Train and the I-90 Expressway. Countless amenities nearby - shopping, groceries stores, Starbucks and dining options. No Rentals allowed, Pets are allowed, Move in ready.

Last Agent to Sell the Property

Brenda Mendez

eXp Realty License #475203961 Listed on: 10/26/2023

eXp Realty

Last Buyer's Agent

Alicia Kuzma

RE/MAX City

RE/MAX City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1968

Lot Details

  • 0.71

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • 925 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Visitor Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • 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
  • 28 Units
  • Cecilia Association, Phone Number (773) 570-0188
  • Northwest Terrace Subdivision
  • Property managed by Property Synergy LLC
  • 6-Story Property

Amenities

  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,166

Year Built

Built in 1968

Lot Details

0

HOA Fees

$298 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: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 925
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 194999
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 298
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Party Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Synergy LLC
  • Management Contact Name: Cecilia
  • Management Phone: 773-570-0188
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 2165.58
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Mar 1, 2024
Sold by
Kim Young Sim and Kim Yong Sik
Bought by
Hailing Marie
Seller's Agent
Brenda Mendez
eXp Realty
Buyer's Agent
Alicia Kuzma
RE/MAX City
List Price
$194,999
Sold Price
$180,000
Premium/Discount to List
-$14,999
-7.69%
Views
145
Current Estimated Value
$194,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,504
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Signoretti J Robert
Bought by
Kim Young Sim and Kim Yong Sik
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hailing Marie $180,000 Chicago Title Insurance Compan
Kim Young Sim $96,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $180,000 -7.7% $195 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $194,999 0.0% $211 / Sq Ft
01/26/2024 01/26/24 For Sale $194,999 +8.3% $211 / Sq Ft
01/15/2024 01/15/24 Off Market $180,000 -- --
10/26/2023 10/26/23 For Sale $199,000 -- $215 / 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 $2,943 $15,427 $2,056 $13,371
2023 $2,166 $13,950 $1,649 $12,301
2022 $2,166 $13,950 $1,649 $12,301
2021 $2,135 $13,949 $1,649 $12,300
2020 $1,873 $11,511 $1,028 $10,483
2019 $1,867 $12,724 $1,028 $11,696
2018 $1,835 $12,724 $1,028 $11,696
2017 $1,119 $8,575 $904 $7,671
2016 $1,217 $8,575 $904 $7,671
2015 $1,091 $8,575 $904 $7,671
2014 $966 $7,777 $863 $6,914
2013 $936 $7,777 $863 $6,914
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11912153

Midwest Real Estate Data (MRED)

APN: 12-12-202-087-1024