Seller's Agent in 2022
Kara Keller
Baird & Warner
(708) 705-5272
11 in this area
178 Total Sales
7231 Jackson Blvd Forest Park, IL 60130
Estimated Value: $462,392 - $563,000
3
Beds
3
Baths
2,184
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Entrance Foyer
- 4-minute walk to Veterans Park
- Porch
- Paved or Partially Paved Lot
About This Home
As of June 2022Fabulous investment property in top condition is available in the heart of Forest Park! Great curb appeal includes a large and welcoming front porch. So many options: live in and rent one of the units OR rent the full property OR deconvert it to a single family home! The 2nd floor unit of this 2-flat is duplexed into the 3rd floor and currently rented for $1,700 per month with a lease running through April 2023. On the 2nd floor there is 1 bedroom, a living room, dining area, eat-in kitchen, a full bathroom that includes a bathtub and a back deck off the kitchen. On the 3rd floor there is a 1/2 bathroom, a large open bedroom with adjoining space that could be an office or sitting room and ample storage/closet space. The 1st floor unit is vacant and was recently painted, floors refinished, and new kitchen countertops and appliances. The targeted rent is $1,500 per month. It has 1 large bedroom, a full bathroom with a tub/shower, a living room, dining room, eat-in kitchen and a back deck. The basement is accessible to both units by the back stairs and has free laundry plus lots of storage available to both units. The yard is large! 48 x 134 lot size! Enough parking for 4 total cars: 2 car garage AND a parking pad for 2 more cars. 7231 is conveniently located within walking distance to the Blue Line L, all of the shops & restaurants on Madison Street in downtown Forest Park and the pool, gym and more at the nearby Park District facility. Easy access to 290 and Oak Park. Tenants pay rent + electric and owner pays sewer, water, refuse and gas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,730
Year Built
- Built in 1914
Lot Details
- Lot Dimensions are 48 x 134
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Off Alley Parking
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- Entrance Foyer
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Porch
Schools
- Garfield Elementary School
- Forest Park Middle School
- Proviso East High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2022
Closed on
Jun 28, 2022
Sold by
Sherman Carolyn and Holt Peter
Bought by
Smith Benjamin M and Smith Cory L
Seller's Agent
Kara Keller
Baird & Warner
Buyer's Agent
Tabitha Murphy
Berkshire Hathaway HomeServices Chicago
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,598
Avg. Annual Appreciation
8.77%
Original Mortgage
$373,117
Outstanding Balance
$351,284
Interest Rate
4.63%
Mortgage Type
FHA
Estimated Equity
$167,314
Purchase Details
Listed on
Jul 5, 2016
Closed on
Oct 13, 2016
Sold by
Kryger Petter and Kryger Margaret B
Bought by
Sherman Carolyn and Sherman Holt Peter
Seller's Agent
Meg Wygonik Kryger
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Anthony Monteleone
RE/MAX All Pro
List Price
$279,900
Sold Price
$253,000
Premium/Discount to List
-$26,900
-9.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$215,050
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2001
Sold by
Jones James
Bought by
Kryger Peter J and Kryger Margaret B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
7.27%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Benjamin M | $380,000 | None Listed On Document | |
| Sherman Carolyn | $253,000 | Agents National Title Insura | |
| Kryger Peter J | $229,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Benjamin M | $373,117 | |
| Previous Owner | Sherman Carolyn | $215,050 | |
| Previous Owner | Kryger Peter J | $217,550 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $380,000 | +1.3% | $174 / Sq Ft | |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- | |
| 05/14/2022 05/14/22 | For Sale | $375,000 | +48.2% | $172 / Sq Ft | |
| 10/13/2016 10/13/16 | Sold | $253,000 | -6.3% | $116 / Sq Ft | View Prior Sale |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- | |
| 08/01/2016 08/01/16 | Price Changed | $269,900 | -3.6% | $124 / Sq Ft | |
| 07/05/2016 07/05/16 | For Sale | $279,900 | -- | $128 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $12,315 | $41,000 | $6,384 | $34,616 |
| 2024 | $12,315 | $41,000 | $6,384 | $34,616 |
| 2023 | $10,512 | $41,000 | $6,384 | $34,616 |
| 2022 | $10,512 | $29,331 | $4,150 | $25,181 |
| 2021 | $9,985 | $29,330 | $4,149 | $25,181 |
| 2020 | $9,730 | $29,330 | $4,149 | $25,181 |
| 2019 | $8,908 | $25,300 | $4,149 | $21,151 |
| 2018 | $8,725 | $25,300 | $4,149 | $21,151 |
| 2017 | $8,533 | $25,300 | $4,149 | $21,151 |
| 2016 | $8,172 | $25,300 | $3,830 | $21,470 |
| 2015 | $10,286 | $31,783 | $3,830 | $27,953 |
| 2014 | $10,111 | $31,783 | $3,830 | $27,953 |
| 2013 | $9,836 | $33,042 | $3,830 | $29,212 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Keller
-
Jon Keller
Seller Co-Listing Agent in 2022
Jon Keller
@ Properties
(312) 388-3443
8 in this area
100 Total Sales
-
Tabitha Murphy
Buyer's Agent in 2022
Tabitha Murphy
Berkshire Hathaway HomeServices Chicago
(708) 674-7081
34 in this area
418 Total Sales
-
Meg Wygonik Kryger
Seller's Agent in 2016
Meg Wygonik Kryger
Berkshire Hathaway HomeServices Chicago
(708) 310-2779
1 in this area
12 Total Sales
-
Mari Hans
Seller Co-Listing Agent in 2016
Mari Hans
Berkshire Hathaway HomeServices Chicago
(708) 848-6208
3 in this area
23 Total Sales
-
Anthony Monteleone
Buyer's Agent in 2016
Anthony Monteleone
RE/MAX
(630) 339-4019
1 in this area
51 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11364052
APN: 15-13-214-023-0000
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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