NOT LISTED FOR SALE

7240 N Ridge Blvd Unit 205 Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $151,867 - $206,000

2 Beds
1 Bath
-- Sq Ft
$234/mo HOA Fee

Last Sold December 21, 2018

Last sale price $115,101

Est. 52% increase in value since last sale

Current estimated payment $1,284/month

20 Days on Market

Highlights

  • Walk-In Pantry
  • Breakfast Bar
  • Baseboard Heating

About This Home

As of December 2018

NICE, SPACIOUS 2 BED RM CONDO. FRESHLY PAINTED. KITCHEN WITH EAT-IN TABLE SPACE. NICE SIZE BED ROOMS. HARDWOOD FLOOR THRU-OUT. ONE DEEDED PARKING SPACE INCLUDED. MOVE IN CONDITION. CLOSE TO SHOPPING, TRANSPORTATION. LOW ASSESSMENTS INCLUDE HEAT. EARNEST MONEY CERTIFIED FUND. PLEASE PRE-APPROVED BUYERS. SHOW AND SELL!!!!!

Last Agent to Sell the Property

Joanna Oladiji

Oladiji Realty LLC License #471013044 Listed on: 10/09/2018

Last Buyer's Agent

Mohammed Chowdhury

Equity Market Realty Inc. License #471011421

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,582

Year Built

  • 1962

Lot Details

  • 10,367

HOA Fees

  • $234 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,582

Year Built

1962

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1962
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, Compactor-Trash
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Flooring: Other
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: Main Level
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit), 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 234
  • Management Contact Name: Oladiji Realty LLC
  • Management Phone: 773-542-3296

Fee Information

  • Management Company: Oladiji Realty LLC

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 75X110
  • Parcel Identification Number: 11303220421008

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 2

Tax Info

  • Taxes: 1520.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Khan Rafiza and Hossain Lokman
Bought by
7240-205 Irrevocable Trust and Khan
Current Estimated Value
$175,467

Purchase Details

Closed on
Jul 17, 2021
Sold by
Naher Kamrun
Bought by
Hossain Lokman and Khan Rafiza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 24, 2018
Sold by
Erogbogbo Oludamilola A
Bought by
Naher Kamrun
Seller's Agent
Joanna Oladiji
Oladiji Realty LLC
Buyer's Agent
Mohammed Chowdhury
Equity Market Realty Inc.
List Price
$119,000
Sold Price
$115,101
Premium/Discount to List
-$3,899
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$92,081
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2014
Closed on
Dec 12, 2014
Sold by
V & T Investment Corporation
Bought by
Rontad Llc
Seller's Agent
Ngocmai Huynh
VNT Realty
Buyer's Agent
Mustafa Ali
Mustafa Ali
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Berganos Rodney
Bought by
V & T Investment Corp

Purchase Details

Closed on
Dec 23, 2002
Sold by
Quantum Properties Of Chicago Llc
Bought by
Berganos Rodrigo and Berganos Rosario P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
6.23%
Mortgage Type
Balloon
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
7240-205 Irrevocable Trust -- None Listed On Document
Hossain Lokman $130,000 Chicago Title
Naher Kamrun $115,500 Chicago Title
Rontad Llc $80,000 Fidelity National Title
V & T Investment Corp $42,500 None Available
Berganos Rodrigo $150,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hossain Lokman $97,500
Previous Owner Naher Kamrun $92,081
Previous Owner Berganos Rodrigo $120,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2018 12/21/18 Sold $115,101 -3.3% --
10/29/2018 10/29/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $119,000 +48.9% --
12/12/2014 12/12/14 Sold $79,900 0.0% -- View Prior Sale
11/10/2014 11/10/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $79,900 -- --
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 $1,582 $11,695 $1,950 $9,745
2023 $1,542 $7,500 $1,560 $5,940
2022 $1,542 $7,500 $1,560 $5,940
2021 $1,508 $7,499 $1,560 $5,939
2020 $1,472 $6,607 $1,473 $5,134
2019 $1,472 $7,329 $1,473 $5,856
2018 $1,448 $7,329 $1,473 $5,856
2017 $1,521 $7,065 $1,300 $5,765
2016 $1,415 $7,065 $1,300 $5,765
2015 $1,724 $9,407 $1,300 $8,107
2014 $2,133 $11,498 $1,170 $10,328
2013 $2,091 $11,498 $1,170 $10,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10107450

Midwest Real Estate Data (MRED)

APN: 11-30-322-042-1008