NOT LISTED FOR SALE

7318 Lake St Unit 7 River Forest, IL 60305

Estimated Value: $156,000 - $161,000

1 Bed
1 Bath
-- Sq Ft
$189/mo HOA Fee

Last Sold November 20, 2023

Last sale price $140,000

Est. 14% increase in value since last sale

Current estimated payment $1,287/month

20 Days on Market

Highlights

  • Lock-and-Leave Community
  • End Unit
  • Home Security System
  • Lincoln Elementary School Rated A
  • Intercom
  • 4-minute walk to Cummings Square

About This Home

As of November 2023

Bright and sunny 1st-floor unit, hardwood floors, huge walk-in closet in excellent condition in a very well-maintained building. Additional storage & shared laundry in the basement, assigned parking space Super find! Walking distance to downtown Oak Park, across from River Forest Mall. Metra green line, CTA, parks, shops, and dining!

Last Agent to Sell the Property

Marina Jacobson

Berkshire Hathaway HomeServices Chicago License #475123876 Listed on: 10/03/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Dhanwant Singh

Pak Home Realty License #475174965

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,899

Year Built

  • Built in 1966

Lot Details

  • End Unit

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 3-Story Property
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Visitor Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Oak Park & River Forest High Sch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 9 Units
  • Tom Association, Phone Number (708) 917-9807
  • Low-Rise Condominium
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,899

Year Built

Built in 1966

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Storage, Flexicore
  • Other Equipment: TV-Cable, Security System, Intercom, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 149000
  • Lot Features: Common Grounds
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley, Visitor Parking
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt,Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 189
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: Tom
  • Management Phone: 708-917-9807
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 00

Tax Info

  • Tax Annual Amount: 1899.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 20, 2023
Sold by
Kauer Maria A
Bought by
Lomperis Juidth A and Zairick Nair N
Seller's Agent
Marina Jacobson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Dhanwant Singh
Pak Home Realty
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Views
23
Current Estimated Value
$159,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,151
Avg. Annual Appreciation
7.75%
Original Mortgage
$112,000
Outstanding Balance
$110,559
Interest Rate
7.33%
Mortgage Type
New Conventional
Estimated Equity
$47,787

Purchase Details

Closed on
Sep 16, 2002
Sold by
Rotschild Beverly M
Bought by
Kauer Maria
Source: Public Records

Range of Values:

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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
Lomperis Juidth A $140,000 Fidelity National Title
Kauer Maria $112,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomperis Juidth A $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $140,000 -6.0% --
10/24/2023 10/24/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $149,000 0.0% --
10/04/2023 10/04/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $149,000 -- --
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 $2,624 $12,900 $1,112 $11,788
2023 $1,943 $12,900 $1,112 $11,788
2022 $1,943 $9,438 $1,561 $7,877
2021 $1,899 $9,437 $1,561 $7,876
2020 $1,925 $9,437 $1,561 $7,876
2019 $2,130 $10,290 $1,411 $8,879
2018 $2,014 $10,290 $1,411 $8,879
2017 $2,630 $12,356 $1,411 $10,945
2016 $3,765 $11,704 $1,176 $10,528
2015 $3,699 $11,704 $1,176 $10,528
2014 $2,113 $11,704 $1,176 $10,528
2013 $3,585 $12,706 $1,176 $11,530
Source: Public Records

Agents Affiliated with this Home

  • Marina Jacobson

    Seller's Agent in 2023

    Marina Jacobson

    Berkshire Hathaway HomeServices Chicago

    (847) 361-5605

    1 in this area

    97 Total Sales

    Marina Jacobson
    Section Image
  • Dhanwant Singh

    Buyer's Agent in 2023

    Dhanwant Singh

    Pak Home Realty

    (773) 817-6959

    1 in this area

    162 Total Sales

    Dhanwant Singh
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11899022

Midwest Real Estate Data (MRED)

APN: 15-12-217-034-1007

Illinois Cook County River Forest 60305

7318 Lake St Unit 7, River Forest, IL

This home is located at 7318 Lake St Unit 7, River Forest, IL 60305 since 03 October 2023 and is currently estimated at $159,151. This property was built in 1966. 7318 Lake St Unit 7 is a home located in Cook County with nearby schools including Lincoln Elementary School, Roosevelt Middle School, and Oak Park and River Forest High School.

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