NOT LISTED FOR SALE

7240 Franklin St Unit 3C Forest Park, IL 60130

Estimated Value: $239,000 - $345,000

1 Bed
2 Baths
1,200 Sq Ft
$490/mo HOA Fee

Last Sold January 21, 2021

Last sale price $276,000 $230 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,836/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Deck
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of January 2021

SUPER unique timber loft condo (building was converted from an old paint manufacturing plant) with unobstructed views! This incredible unit features vaulted ceilings, 2 beautifully updated full baths, a built-in Murphy bed--perfect for guests, balcony, custom built-ins, in-unit laundry, central A/C, elevator access and attached heated garage parking. Highlights include a gorgeous custom kitchen with concrete counters and a copper sink, and a rooftop deck! Ideal, walk-to-everything location, steps to Metra/CTA Green Line, downtown Oak Park and downtown Forest Park. Best unit in the building!

Last Agent to Sell the Property

Laura Maychruk

Laura Maychruk Real Estate License #471021717 Listed on: 12/14/2020

Co-Listed By

David Gullo

Gullo & Associates License #471004288

Last Buyer's Agent

Arlene Storino

Berkshire Hathaway HomeServices Chicago License #475121752

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,772

Year Renovated

  • 1995

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $490 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a bus stop

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,772

Year Renovated

1995

Lot Details

0

HOA Fees

$490 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rebuilt(yn): Yes
  • Rebuilt Year: 1995
  • Rehab Year: 1995
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 22X21, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet, Custom Cabinetry, SolidSurfaceCounter, Updated Kitchen
  • Additional Rooms: Foyer, Balcony
  • Master Bedroom: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 11X5, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Balcony, Dimensions: 10X5, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck
  • Exposure: S (South), W (West)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 35
  • 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, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 490
  • Management Contact Name: Barry Dodero
  • Management Phone: 708-622-9246

Fee Information

  • Management Company: Master Care

Schools

  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 15124120221010

Multi Family

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

Tax Info

  • Taxes: 5664.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 18, 2021
Sold by
Reich Jane and Marhevko Thomas
Bought by
Demyanovich Paul and Demyanovich Alison J
Seller's Agent
Laura Maychruk
Laura Maychruk Real Estate
Buyer's Agent
Arlene Storino
Berkshire Hathaway HomeServices Chicago
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$307,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,131
Avg. Annual Appreciation
2.25%
Original Mortgage
$248,400
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 8, 2015
Sold by
Freeman David L and Choyke Meredith M
Bought by
Reich Jane
Seller's Agent
Steve Nasralla
Compass
Buyer's Agent
Ann Keeney
Baird & Warner
List Price
$229,900
Sold Price
$226,000
Premium/Discount to List
-$3,900
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$156,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2012
Closed on
Oct 26, 2012
Sold by
Coughlin Charles E and Coughlin Michelle M
Bought by
Choyke Meredith M and Freeman David L
Seller's Agent
Alisa Coghill
Compass
Buyer's Agent
Steve Nasralla
Compass
List Price
$219,900
Sold Price
$180,000
Premium/Discount to List
-$39,900
-18.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$137,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2003
Sold by
Coughlin Charles E
Bought by
Coughlin Charles E and Sherbun Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2003
Sold by
Yu Tamara Jean and Hulten Tamara Jean Yu
Bought by
Coughlin Charles E and Sherbun Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 1998
Sold by
Hulten Bradley M
Bought by
Hulten Tamara Jean Yu and Yu Tamara Jean

Purchase Details

Closed on
Jun 3, 1994
Sold by
Silver Moon Ltd Partnership
Bought by
Hulten Bradley M and Hulten Tamara Jean Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
8.25%
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
Demyanovich Paul $276,000 First American Title
Reich Jane $226,000 Fidelity National Title
Choyke Meredith M $180,000 None Available
Coughlin Charles E -- Prairie Title
Coughlin Charles E $230,000 1St American Title
Coughlin Charles E $230,000 1St American Title
Hulten Tamara Jean Yu -- --
Hulten Bradley M $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demyanovich Paul $248,400
Previous Owner Reich Jane $156,000
Previous Owner Choyke Meredith M $137,600
Previous Owner Coughlin Charles E $230,000
Previous Owner Hulten Bradley M $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2021 01/21/21 Sold $276,000 +0.4% $230 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $275,000 +21.7% $229 / Sq Ft
06/15/2015 06/15/15 Sold $226,000 -1.7% $161 / Sq Ft View Prior Sale
05/02/2015 05/02/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $229,900 +27.7% $164 / Sq Ft
10/29/2012 10/29/12 Sold $180,000 -18.1% $129 / Sq Ft View Prior Sale
09/06/2012 09/06/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $219,900 0.0% $157 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $219,900 -- $157 / 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 $8,772 $29,208 $717 $28,491
2023 $7,338 $29,208 $717 $28,491
2022 $7,338 $20,472 $806 $19,666
2021 $4,929 $20,472 $806 $19,666
2020 $4,939 $20,472 $806 $19,666
2019 $5,665 $22,261 $734 $21,527
2018 $6,492 $22,261 $734 $21,527
2017 $6,370 $22,261 $734 $21,527
2016 $5,987 $19,203 $662 $18,541
2015 $5,848 $19,203 $662 $18,541
2014 $5,757 $19,203 $662 $18,541
2013 -- $18,004 $662 $17,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10953208

Midwest Real Estate Data (MRED)

APN: 15-12-412-022-1010