NOT LISTED FOR SALE

7240 Franklin St Unit 4A Forest Park, IL 60130

Estimated Value: $305,000 - $368,000

2 Beds
2 Baths
1,380 Sq Ft
$361/mo HOA Fee

Last Sold December 10, 2021

Last sale price $310,000 $225 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,862/month

5 Days on Market

Highlights

  • Formal Dining Room
  • Attached Garage
  • Heated Garage

About This Home

As of December 2021

WOW, STUNNINGLY CREATIVE LOFT WITH SKYLINE VIEWS TO THE EAST AND OVERLOOKING DOWNTOWN OAK PARK!! This 2 BR, 1.5 BATH condo has so much to offer! Beautiful hardwood flooring throughout! Fantastic open concept with kitchen opening to the living room! The kitchen features tons of cabinetry, a breakfast bar, and stainless steel appliances! Dining room views to die for! The unit has that fantastic interior loft design with amazing ceiling height, exposed beams, and brick walls! Both bathrooms have been updated recently! Stackable in-unit laundry! Newer Furnace and AC unit! The roof was recently resealed! Heated garage space! Rooftop patio to enjoy the warmer months! You cannot beat this location! Steps away from downtown oak park and the blue line! Near tons of shops, restaurants and so much more!

Last Agent to Sell the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 10/28/2021

Co-Listed By

Kate Roth

Suburban Life Realty, Ltd License #475158939

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 10/28/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,659

Year Built

  • 1995

Lot Details

  • 9,540

HOA Fees

  • $361 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 13 Units
  • Barry Dodero Association, Phone Number (708) 622-9248
  • Property managed by Master Care Services

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,659

Year Built

1995

Lot Details

0

HOA Fees

$361 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo-Loft
  • Property Sub Type: Condo-Loft
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Co List Office Mls Id: MRD372
  • Co List Office Phone: (847) 363-0990
  • Directions: Des Plaines Ave to Franklin St E to Home
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Open Floorplan
  • Other Equipment: TV-Cable, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: No additional rooms
  • Stories: 4

Exterior Features

  • Exterior Features: End Unit
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Master Care Services
  • Management Contact Name: Barry Dodero
  • Management Phone: 708-622-9248
  • Amenities: Elevator(s)
  • Association Fee: 361
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Elementary School #2: Grant-White Elementary School
  • Junior High Dist: 209
  • Middle Or Junior School: Forest Park Middle School

Lot Info

  • Special Assessments: Y

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 13

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5830.73
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Rudzki Kyle
Bought by
Lesueur Michelle
Current Estimated Value
$338,342

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 10, 2021
Sold by
Rudzki Kyle
Bought by
Lesueur Michelle
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$314,900
Sold Price
$310,000
Premium/Discount to List
-$4,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
Mar 14, 2017
Sold by
Nierstheimer Jonathan Ray and Nierstheimer Melissa
Bought by
Rudzki Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2015
Closed on
Jan 24, 2016
Sold by
Foreman Michael Shane and Foreman Michaela L
Bought by
Nierstheimer Jonathan and Nierstheimer Melissa
Seller's Agent
Noa Klima
Compass
Buyer's Agent
Christopher Baker
Keller Williams Experience
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Mar 2, 2015
Closed on
Jul 16, 2015
Sold by
Moazzam Farnaz and Champagne Ronald
Bought by
Foreman Michael Shane and Foreman Michaela L
Seller's Agent
Suzanne Marshall
Gloor Realty Company
Buyer's Agent
Noa Klima
Compass
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
Original Mortgage
$148,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Champagne Ronald
Bought by
Moazzam Farnaz

Purchase Details

Closed on
May 29, 1998
Sold by
Collett Johnston Michael C and Collett Thomas Jane
Bought by
Champagne Ronald and Moazzam Farnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,350
Interest Rate
7.27%

Purchase Details

Closed on
May 3, 1994
Sold by
Silver Moon Ltd Partnership
Bought by
Thomas Jane Collett and Johnston Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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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
Lesueur Michelle $310,000 --
Lesueur Michelle $310,000 --
Lesueur Michelle $310,000 --
Rudzki Kyle $230,000 Old Republic Title
Nierstheimer Jonathan $200,000 Attorney
Foreman Michael Shane $185,000 Chicago Title Insurance Co
Moazzam Farnaz -- None Available
Champagne Ronald $162,500 Prairie Title
Thomas Jane Collett $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rudzki Kyle $183,920
Previous Owner Foreman Michael Shane $148,000
Previous Owner Champagne Ronald $154,350
Previous Owner Thomas Jane Collett $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $310,000 -1.6% $225 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $314,900 +57.5% $228 / Sq Ft
02/09/2016 02/09/16 Sold $200,000 -4.3% $145 / Sq Ft View Prior Sale
12/06/2015 12/06/15 Pending -- -- --
11/19/2015 11/19/15 Price Changed $209,000 -4.6% $151 / Sq Ft
10/26/2015 10/26/15 For Sale $219,000 +18.4% $159 / Sq Ft
07/29/2015 07/29/15 Sold $185,000 -5.1% -- View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $195,000 0.0% --
03/25/2015 03/25/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $195,000 -- --
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 $8,659 $28,831 $724 $28,107
2023 $7,411 $28,831 $724 $28,107
2022 $7,411 $20,678 $814 $19,864
2021 $5,906 $20,678 $814 $19,864
2020 $5,831 $20,678 $814 $19,864
2019 $6,710 $22,486 $742 $21,744
2018 $6,570 $22,486 $742 $21,744
2017 $7,584 $22,486 $742 $21,744
2016 $6,951 $19,397 $669 $18,728
2015 $6,842 $19,397 $669 $18,728
2014 $6,713 $19,397 $669 $18,728
2013 $7,328 $22,658 $669 $21,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11257738

Midwest Real Estate Data (MRED)

APN: 15-12-412-022-1011