NOT LISTED FOR SALE

7240 N Ridge Blvd Unit 102 Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $119,000 - $192,000

2 Beds
1 Bath
1,300 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $46,100 $35 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,258/month

34 Days on Market

About This Home

As of April 2012

Bank owned. 2 bedroom 1 bath rentable condo needing paint and carpets. Good room sizes, ceramic tiled kitchen and low assessments make this a nice piece. Sold as-is with additional disclosures upon acceptance. Local bank may finance up to 95% if you qualify

Last Agent to Sell the Property

Martin Lord

In Town Realty Group Inc. License #475131160 Listed on: 03/01/2012

Last Buyer's Agent

Mohammed Chowdhury

Equity Market Realty Inc. License #471011421

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $988

Lot Details

  • 10,367

HOA Fees

  • $317 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Schools

  • Louis Armstrong Elementary Schoo
  • Senn High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Lake Michigan Water

Additional Features

  • L-Shaped Dining Room
  • Fenced Yard

Community Details

  • No Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$988

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Unit Floor Number: 1
  • Special Features: 20
  • Stories: 1

Interior Features

  • Total # Of Rooms: 5
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal
  • Equipment: Ceiling Fan
  • Basement: None
  • Basement: Slab
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 15X13
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 15X10
  • Second Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 19X13
  • Living Room Flooring: Hardwood
  • Dining Room: L-shaped
  • Dining Room Level: Main Level
  • Dining Room Size: 10X9
  • Dining Room Flooring: Carpet
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 10X10
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Baseboard

Condo/Co-op/Association

  • Pets Allowed: No
  • Units in Building: 13
  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Storage, Party Room
  • Assessment/Association Fees: 317

Schools

  • Elementary School: Louis Armstrong Elementary Schoo
  • High School: Senn High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Khan Rafiza and Hossain Lokman
Bought by
7240-102 Irrevocable Trust and Khan
Current Estimated Value
$164,108

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 17, 2012
Sold by
Tcf National Bank
Bought by
Hossain Lokman
Seller's Agent
Martin Lord
In Town Realty Group Inc.
Buyer's Agent
Mohammed Chowdhury
Equity Market Realty Inc.
List Price
$49,900
Sold Price
$46,100
Premium/Discount to List
-$3,800
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Khan Shamsuz and Khan Shamsuz Z
Bought by
Tcf National Bank

Purchase Details

Closed on
Dec 9, 2002
Sold by
Quantum Properties Of Chicago Llc
Bought by
Khan Shamsuz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,350
Interest Rate
6.23%
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
7240-102 Irrevocable Trust -- None Listed On Document
Hossain Lokman $46,500 Attorneys Title Guaranty Fun
Tcf National Bank -- None Available
Khan Shamsuz $151,500 Agtf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Shamsuz $136,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $46,100 -7.6% $35 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $49,900 -- $38 / 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 $988 $13,207 $2,202 $11,005
2023 $942 $8,000 $1,762 $6,238
2022 $942 $8,000 $1,762 $6,238
2021 $939 $7,999 $1,761 $6,238
2020 $971 $7,462 $1,664 $5,798
2019 $974 $8,278 $1,664 $6,614
2018 $957 $8,278 $1,664 $6,614
2017 $991 $7,979 $1,468 $6,511
2016 $1,098 $7,979 $1,468 $6,511
2015 $1,466 $10,624 $1,468 $9,156
2014 $1,933 $12,985 $1,321 $11,664
2013 $1,883 $12,985 $1,321 $11,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08007922

Midwest Real Estate Data (MRED)

APN: 11-30-322-042-1002