NOT LISTED FOR SALE

7240 Franklin St Unit 1A Forest Park, IL 60130

Estimated Value: $332,000 - $388,000

2 Beds
2 Baths
1,855 Sq Ft
$353/mo HOA Fee

Last Sold November 03, 2016

Last sale price $389,000 $210 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,893/month

3 Days on Market

Highlights

  • Attached Garage
  • Breakfast Bar
  • Senior Tax Exemptions
  • Soaking Tub
  • Forced Air Heating and Cooling System
  • East or West Exposure

About This Home

As of November 2016

Sophisticated contemporary decor in this true loft with post and 4 1/2 ft. pine beam construction, with historic 1903 cream city brick, sandblasted columns, exposed ductwork and piping. This 2 level unit has 10 1/2 foot ceiling has been recently renovated with exceptional quality. The custom kitchen has walnut cabinetry and black granite counters has fully integrated appliances, and stainless steel backsplash. Spacious well detailed baths. Travertine floors finish the lower level with the second bedroom, family room and bath. Hall closet has laundry hook up if you choose to add washer/dryer within the unit. Short walk to Green line & Metra and all that downtown Oak Park offers.

Last Agent to Sell the Property

Lynn Scheir

Baird & Warner License #475133988 Listed on: 08/24/2016

Baird & Warner

Co-Listed By

Kimberly Wojack & Anne Ferri

Baird & Warner License #475133853

Last Buyer's Agent

Michael Dmyterko

Berkshire Hathaway HomeServices Chicago License #475124340

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,622

Lot Details

  • 9,540

HOA Fees

  • $353 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Soaking Tub
  • Gas Log Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher

Utilities

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

Additional Features

  • North or South Exposure
  • East or West Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,622

Lot Details

0

HOA Fees

$353 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo-Duplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X09, On Level: Lower, Flooring: Ceramic Tile
  • Estimated Sq Ft: 1855
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 14X12, On Level: Lower, Flooring: Travertine

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Elevator, Storage, Sundeck
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 353
  • Management Contact Name: Bill Samatas
  • Management Phone: 708-452-4242

Fee Information

  • Management Company: Cortland Properties

Schools

  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 15124120221001

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 4

Tax Info

  • Taxes: 5683

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 26, 2016
Sold by
Heskett Clare M
Bought by
Wilson Edward and Wilson Shirley
Seller's Agent
Lynn Scheir
Baird & Warner
Buyer's Agent
Michael Dmyterko
Berkshire Hathaway HomeServices Chicago
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$362,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,958
Avg. Annual Appreciation
-0.79%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Heskett Clare M
Bought by
Heskett Clare M and The Clare M Heskett Declaration Of Trust

Purchase Details

Closed on
Apr 1, 2005
Sold by
Heskett Clare
Bought by
Heskett Clare M and The Clare M Heskett Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 1994
Sold by
Silver Moon Limited Partnership
Bought by
Frendt Richard and Frendt Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
7.25%
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
Wilson Edward $389,000 Prairie Title
Heskett Clare M -- None Available
Heskett Clare M -- --
Haskett Clare $367,000 Prairie Title
Frendt Richard $106,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haskett Clare $293,600
Previous Owner Frendt Richard $151,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $389,000 0.0% $210 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $389,000 -- $210 / 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 $7,622 $31,344 $769 $30,575
2023 $4,678 $31,344 $769 $30,575
2022 $4,678 $21,970 $865 $21,105
2021 $4,327 $21,970 $865 $21,105
2020 $3,928 $21,970 $865 $21,105
2019 $4,608 $23,890 $788 $23,102
2018 $4,521 $23,890 $788 $23,102
2017 $6,008 $23,890 $788 $23,102
2016 $5,851 $20,608 $711 $19,897
2015 $7,269 $20,608 $711 $19,897
2014 $5,608 $20,608 $711 $19,897
2013 $6,328 $24,074 $711 $23,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09324505

Midwest Real Estate Data (MRED)

APN: 15-12-412-022-1001