NOT LISTED FOR SALE

724 N Northwest Hwy Unit B Park Ridge, IL 60068

Estimated Value: $529,000 - $613,000

3 Beds
2.5 Baths
2,434 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $467,500 $192 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,183/month

13 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • 2 Car Attached Garage
  • Franklin Elementary School Rated A-
  • Balcony
  • Built-In Features

About This Home

As of June 2023

This townhouse is move-in ready and located in a prime central spot near Uptown Park Ridge. It boasts three levels of living space! The open concept floor plan is adaptable to any lifestyle and features hardwood floors throughout the main level, a bright white kitchen with natural stone counters, a large island, a spacious pantry cabinet, stainless steel appliances, and a grilling deck conveniently located off the breakfast area with sliding glass doors. Additionally, there's a gas fireplace for cozy evenings. The primary bedroom includes double vanity closets, while two other sizable bedrooms offer great closet space. The lower level has a versatile recreation room, which can be used as an office, den, exercise or music room. The townhouse also has an oversized 2 car garage with two extra parking spaces in front. New Roof 2022.

Last Agent to Sell the Property

Craig Fallico

Baird & Warner License #475086022 Listed on: 04/26/2023

Last Buyer's Agent

Marcia Mack

Baird & Warner License #475164279

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,169

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 24 x 83
  • Zero Lot Line

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,434 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

Outdoor Features

  • Balcony

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Overhead Sewers

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,169

Year Built

Built in 2002

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story,Townhouse-TriLevel
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story,Townhouse-TriLevel
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 376
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2434
  • Room Type: Eating Area, Recreation Room, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 2434
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2058
  • Basement Sq Ft: 376
  • Fireplace Location: Family Room
  • Total Sq Ft: 2434
  • Upper Level Sq Ft: 994
  • Main Level Sq Ft: 1064
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Overhead Sewers
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: NA
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Franklin Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Lot Dimensions: 24 X 83
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10169
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Shin Jennifer
Bought by
Shin Jennifer and Shin Pearl J
Current Estimated Value
$566,108

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 25, 2023
Sold by
Jang Sung and Jang Karen K
Bought by
Shin Jennifer
Seller's Agent
Craig Fallico
Baird & Warner
Buyer's Agent
Marcia Mack
Baird & Warner
List Price
$475,000
Sold Price
$467,500
Premium/Discount to List
-$7,500
-1.58%
Views
317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$267,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2015
Sold by
Jang Sung and Choe Karen K
Bought by
Jang Sung and Choe Karen A

Purchase Details

Listed on
Mar 15, 2013
Closed on
Apr 26, 2013
Sold by
Trapp Joseph P
Bought by
Jang Sung and Choe Hae R
Seller's Agent
Teri Faron
HomeSmart Connect LLC
Buyer's Agent
Chris Lee
Coldwell Banker Realty
List Price
$3,399,000
Sold Price
$320,000
Premium/Discount to List
-$3,079,000
-90.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$120,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shin Jennifer -- None Listed On Document
Shin Jennifer $467,500 Chicago Title
Jang Sung -- Attorney
Jang Sung $320,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shin Jennifer $267,500
Previous Owner Jang Sung $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2023 06/06/23 Sold $467,500 -1.6% $192 / Sq Ft
04/26/2023 04/26/23 For Sale $475,000 +48.4% $195 / Sq Ft
05/06/2013 05/06/13 Sold $320,000 -5.6% $129 / Sq Ft View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
03/15/2013 03/15/13 Price Changed $339,000 -90.0% $137 / Sq Ft
03/15/2013 03/15/13 For Sale $3,399,000 -- $1,375 / 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 $11,042 $44,000 $4,500 $39,500
2023 $10,553 $44,000 $4,500 $39,500
2022 $10,553 $44,000 $4,500 $39,500
2021 $10,169 $36,765 $1,682 $35,083
2020 $9,832 $36,765 $1,682 $35,083
2019 $9,753 $40,850 $1,682 $39,168
2018 $9,486 $36,582 $1,484 $35,098
2017 $9,462 $36,582 $1,484 $35,098
2016 $9,352 $36,582 $1,484 $35,098
2015 $8,534 $30,294 $1,286 $29,008
2014 $8,383 $30,294 $1,286 $29,008
2013 $8,676 $30,294 $1,286 $29,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11767969

Midwest Real Estate Data (MRED)

APN: 09-26-117-092-0000