$285,000

7242 Terrace Dr Unit 457242 Justice, IL 60458

Estimated payment $2,288/month

Total Views 1,199
3 Beds
1.5 Baths
1,300 Sq Ft
$219 Price per Sq Ft

Highlights

  • Popular Property
  • Loft
  • Patio
  • Frank A Brodnicki Elementary School Rated 9+
  • Corner Lot
  • Living Room

About This Home

Welcome to this spacious and well-maintained 3 bedroom, 1.5 bathroom townhome in the heart of Justice with additional loft space! This home offers a bright and open layout with a comfortable living room, a functional eat-in kitchen, and plenty of natural light throughout. The three generously sized bedrooms provide ample closet space, while the one and a half bathrooms offer convenience for families and guests. Enjoy the added benefit of an in-unit laundry area and private entry. Located in a friendly community near local parks, schools, shopping, dining, and with easy access to I-55 and I-294, this property combines comfort and convenience. Whether you're a first-time buyer or looking to downsize, this townhome is move-in ready and waiting for its new owner or investor as this unit can also be rented!

Listing Agent

Baxtie Rodriguez

SaveEstate Flat Fee Brokerage, LLC License #471018221 Listed on: 08/30/2025

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 1997

Lot Details

  • Fenced
  • Corner Lot

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 1.5 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Patio

Schools

  • Argo Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, scavenger, snow removal
  • Manager Association, Phone Number (708) 974-4900
  • Property managed by Bay Property

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$6,100

Year Built

Built in 1997

Lot Details

0

HOA Fees

$239 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Co-op
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1300
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced
  • List Price: 285000
  • Lot Features: Corner Lot
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1.5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 239
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Bay Property
  • Management Contact Name: Manager
  • Management Phone: 708-974-4900

Fee Information

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

Schools

  • High School: Argo Community High School
  • Middle/Junior School District: 109

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 6100
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,100 $19,718 $2,010 $17,708
2023 $5,916 $19,718 $2,010 $17,708
2022 $5,916 $16,453 $2,010 $14,443
2021 $5,628 $16,452 $2,010 $14,442
2020 $4,410 $16,452 $2,010 $14,442
2019 $3,867 $14,107 $1,835 $12,272
2018 $3,693 $14,107 $1,835 $12,272
2017 $3,682 $14,107 $1,835 $12,272
2016 $3,131 $11,864 $1,573 $10,291
2015 $3,022 $11,864 $1,573 $10,291
2014 $3,174 $12,471 $1,573 $10,898
2013 $3,300 $13,824 $1,573 $12,251
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $285,000 +51.6% $219 / Sq Ft
07/22/2020 07/22/20 Sold $188,000 0.0% $145 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $188,000 -- $145 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $188,000 Old Republic Title
Interfamily Deed Transfer $205,000 First American Title
Interfamily Deed Transfer -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,900 New Conventional
Open $184,594 FHA
Previous Owner $158,746 New Conventional
Previous Owner $164,000 Purchase Money Mortgage
Previous Owner $21,444 Credit Line Revolving
Previous Owner $148,800 Negative Amortization
Previous Owner $18,000 Credit Line Revolving
Previous Owner $119,200 Purchase Money Mortgage
Previous Owner $117,900 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12455062

Midwest Real Estate Data (MRED)

APN: 18-26-102-054-1002