7242 Terrace Dr Unit 457242 Justice, IL 60458
Estimated payment $2,288/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Midwest Real Estate Data (MRED)
MLS Number: 12455062

APN: 18-26-102-054-1002
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