NOT LISTED FOR SALE

7306 N Ridge Blvd Unit 1D Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $83,000 - $120,000

-- Bed
1 Bath
-- Sq Ft
$195/mo HOA Fee

Last Sold October 13, 2022

Last sale price $65,500

Est. 50% increase in value since last sale

Current estimated payment $833/month

125 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Coin Laundry
  • Stainless Steel Appliances
  • Heating System Uses Steam
  • Cats Allowed

About This Home

As of October 2022

Welcome home! Well-designed floor plan in this bright, very affordable studio. Freshly painted unit features hardwood floors, updated bath, all new stainless-steel kitchen appliances, breakfast bar with built-ins and great closet / storage space. Perfect if you are looking for an economical, sunny home in a quiet, well-maintained building in convenient West Ridge location. Asessment includes heat and water. Walkable to Red Line and accessible to bus lines! Walk to Howard Street restaurants, bars, theater and more! Why rent when you can own this charming unit. No dog building but cats are welcome!

Last Agent to Sell the Property

Hugo Rodriguez

RE/MAX 10 Lincoln Park License #471007851 Listed on: 05/22/2022

RE/MAX 10 Lincoln Park

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $539

Year Built

  • Built in 1957

Lot Details

  • 8,015

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 4-Story Property
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, lawn care, scavenger
  • 14 Units
  • Mark James Meier (President) Association, Phone Number (773) 262-5292

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$539

Year Built

Built in 1957

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Interior Amenities: Hardwood Floors
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 195
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Mark James Meier (president)
  • Management Phone: 773-262-5292
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Lawn Care, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 538.8
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Oct 11, 2022
Sold by
Velasco William E and Velasco Andrea Elizabeth
Bought by
Prame Thomas and Prame Amy
Seller's Agent
Hugo Rodriguez
RE/MAX 10 Lincoln Park
Buyer's Agent
Non Member
NON MEMBER
List Price
$85,000
Sold Price
$65,500
Premium/Discount to List
-$19,500
-22.94%
Current Estimated Value
$98,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,661
Avg. Annual Appreciation
14.23%

Purchase Details

Closed on
Oct 4, 2007
Sold by
Robinson Sandra J
Bought by
Velasco William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 2001
Sold by
Hernandez Javier F
Bought by
Robinson Sandra J

Purchase Details

Closed on
Apr 16, 2001
Sold by
Pulido Andres L
Bought by
Hernandez Javier F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
7.23%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Galan Marek and Galan Bozena
Bought by
Pulido Andres L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,300
Interest Rate
7.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Prame Thomas $65,500 Chicago Title
Velasco William E $82,000 None Available
Robinson Sandra J $62,000 --
Hernandez Javier F $52,000 --
Pulido Andres L $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasco William E $81,750
Previous Owner Hernandez Javier F $49,400
Previous Owner Pulido Andres L $32,300
Closed Pulido Andres L $2,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $65,500 -6.3% --
09/25/2022 09/25/22 Pending -- -- --
08/31/2022 08/31/22 Price Changed $69,900 -12.5% --
08/03/2022 08/03/22 Price Changed $79,900 -6.0% --
05/22/2022 05/22/22 For Sale $85,000 -- --
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 $1,460 $7,811 $851 $6,960
2023 $720 $6,922 $681 $6,241
2022 $720 $6,922 $681 $6,241
2021 $722 $6,921 $681 $6,240
2020 $536 $5,509 $643 $4,866
2019 $539 $6,111 $643 $5,468
2018 $592 $6,433 $643 $5,790
2017 $504 $5,718 $567 $5,151
2016 $1,421 $9,594 $567 $9,027
2015 $1,277 $9,594 $567 $9,027
2014 $387 $4,654 $510 $4,144
2013 $368 $4,654 $510 $4,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11412070

Midwest Real Estate Data (MRED)

APN: 11-30-307-216-1006