NOT LISTED FOR SALE

724 Erie St Unit 1 Oak Park, IL 60302

Estimated Value: $222,141 - $249,000

1 Bed
1 Bath
1,200 Sq Ft
$377/mo HOA Fee

Last Sold June 21, 2023

Last sale price $210,000 $175 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,290/month

Highlights

  • Wood Flooring
  • Heated Sun or Florida Room
  • Laundry Room
  • Oliver W Holmes Elementary School Rated A-
  • Resident Manager or Management On Site
  • 3-minute walk to Scoville Park

About This Home

As of June 2023

Stately, large 1 bedroom condo in the Historic District of Oak Park. First floor walk-up unit in this building that was developed in 1999. Spacious foyer leads to living room with gas fireplace. The condo has an equally large dining room, beautiful hardwood throughout & coved moldings. A sunporch on the front of the unit has 3 sides windows and would be a perfect office or den area. The kitchen has stainless steel appliances, granite countertops, glass cabinetry & features in-unit laundry. Lovely remodeled bathroom features marble throughout. Nice, private bedroom with built in bookshelves, spacious enough for a king-sized bed & furniture. Seller recently paid special assessment that will cover roof update & new boiler in the building. Taxes do not reflect a homeowner exemption so will go down for new owner. This condo is perfectly located steps from Scoville Park, Library, Post office, public transportation & all the restaurants & shops of the Hemingway District.

Last Agent to Sell the Property

Linda Rooney

Berkshire Hathaway HomeServices Chicago License #475162641 Listed on: 05/15/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jack Lattner

Compass License #475157613

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,889

Year Built

  • Built in 1913

Lot Details

  • 0.4

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Heated Sun or Florida Room
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Zoned Parking Permit

Schools

  • Oliver W Holmes Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Bezma Association, Phone Number (312) 829-8900
  • Property managed by First Community Management

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,889

Year Built

Built in 1913

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1200
  • Room Type: Heated Sun Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 200000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Zoned Permit
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 377
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Bezma
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Oliver W Holmes Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School
  • Middle/Junior School District: 97

Lot Info

  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6888.62
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 21, 2023
Sold by
Moglia Joint Revocable Living Trust
Bought by
Dwyer Stephanie
Seller's Agent
Linda Rooney
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jack Lattner
Compass
List Price
$200,000
Sold Price
$210,000
Premium/Discount to List
$10,000
5%
Total Days on Market
0
Views
17
Current Estimated Value
$235,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,785
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Moglia Margaret A and Moglia Henry J
Bought by
Moglia Henry J and Moglia Henry J

Purchase Details

Closed on
Jun 29, 2005
Sold by
Peters James W and Peters Ruth M
Bought by
Moglia Margaret A and Moglia Henry J

Purchase Details

Closed on
Sep 29, 2003
Sold by
Kouris George
Bought by
Peters James W and Peters Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 1999
Sold by
R F Fox & Associates Inc
Bought by
Kouris George J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,450
Interest Rate
7.7%
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 Buyer Sale Price Title Company
Dwyer Stephanie $210,000 None Listed On Document
Moglia Henry J -- Attorneys Title Guaranty Fun
Moglia Margaret A $208,000 Git
Peters James W $177,000 Multiple
Kouris George J $112,500 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peters James W $159,300
Previous Owner Kouris George J $103,000
Previous Owner Kouris George J $102,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $210,000 +5.0% $175 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $200,000 -- $167 / 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 $7,069 $17,657 $891 $16,766
2023 $7,069 $17,657 $891 $16,766
2022 $7,069 $18,409 $509 $17,900
2021 $6,889 $18,409 $509 $17,900
2020 $6,720 $18,409 $509 $17,900
2019 $5,946 $15,499 $461 $15,038
2018 $5,723 $15,499 $461 $15,038
2017 $5,598 $15,499 $461 $15,038
2016 $5,296 $13,159 $381 $12,778
2015 $4,745 $13,159 $381 $12,778
2014 $4,410 $13,159 $381 $12,778
2013 $4,711 $14,475 $381 $14,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11780580

Midwest Real Estate Data (MRED)

APN: 16-07-206-019-1017