NOT LISTED FOR SALE

7320 Madison St Unit 2 Forest Park, IL 60130

Estimated Value: $274,000 - $397,000

2 Beds
3 Baths
1,400 Sq Ft
$191/mo HOA Fee

Last Sold June 12, 2017

Last sale price $265,000 $189 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,359/month

1 Day on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Corner Lot
  • Breakfast Bar
  • Kitchen Island

About This Home

As of June 2017

Stunning European style home in the heart of Forest Park. This top-floor corner duplex condo has 2 beds and 2.5 baths and a large open living, dining and kitchen. Stainless steel appliances and granite counters in the kitchen. Two balconies off of the living room. Tons of windows throughout and amazing custom woodwork. Tall ceilings and high-end finishes throughout. Bedrooms feature bamboo floors and good closet space. Laundry located on the 2nd level. Walk to everything Madison Ave. has to offer including shops, restaurants and nightlife. Easy walk to Oak Park Green Line and Metra. Click on the virtual tour for a fully interactive floorplan and 3D furniture planner.

Last Agent to Sell the Property

Jim Buczynski

Compass License #471009567 Listed on: 05/08/2017

Compass

Co-Listed By

Debbi Nick

Compass License #475156290

Last Buyer's Agent

Nick Paleo

PALEOS PROPERTIES, LLC License #471020086

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,068

Year Renovated

  • 2006

Lot Details

  • 7,492

HOA Fees

  • $191 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Parking

  • Parking Available
  • Off Alley Driveway
  • Zoned Parking Permit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Balcony
  • East or West Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,068

Year Renovated

2006

Lot Details

0

HOA Fees

$191 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: Unknown
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2006
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: TV-Cable, Security System, Intercom, Fire Sprinklers
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 18X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 18X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 9X3, On Level: Main Level
  • Bedroom 2: Dimensions: 21X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: N (North), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Zoned Permit
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt, Off Alley
  • Parking Fee Lease: 38
  • Parking Ownership: Fee/Leased

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage, Security Door Locks
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 191
  • Management Phone: 000-000-0000

Schools

  • School District: 209
  • Elementary School: GRANT-WHITE ELEMENTARY SCHOOL
  • Middle School: FOREST PARK MIDDLE SCHOOL
  • High School: PROVISO EAST HIGH SCHOOL
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 15132050321002

Multi Family

  • Total Number Unitsin Building: 9
  • Number Stories: 3

Tax Info

  • Taxes: 2635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 6, 2017
Sold by
Pugh Michael R and Pazdan Genevieve M
Bought by
Raquel Lumsden Jason and Raquel Antillera
Seller's Agent
Jim Buczynski
Compass
Buyer's Agent
Nick Paleo
PALEOS PROPERTIES, LLC
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Current Estimated Value
$316,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,799
Avg. Annual Appreciation
2.16%
Original Mortgage
$212,000
Outstanding Balance
$177,439
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$139,360

Purchase Details

Closed on
Aug 9, 2007
Sold by
Marani Ventures Llc
Bought by
Pugh Michael R and Pazdan Genevieve M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
6.79%
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
Raquel Lumsden Jason $265,000 North American Title
Pugh Michael R $348,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raquel Lumsden Jason $212,000
Previous Owner Pugh Michael R $278,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2017 06/12/17 Sold $265,000 -1.9% $189 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $270,000 -- $193 / Sq Ft
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 $6,068 $23,519 $504 $23,015
2023 $4,067 $23,519 $504 $23,015
2022 $4,067 $14,767 $529 $14,238
2021 $4,608 $16,864 $529 $16,335
2020 $4,565 $16,864 $529 $16,335
2019 $5,428 $18,845 $478 $18,367
2018 $5,314 $18,845 $478 $18,367
2017 $5,218 $18,845 $478 $18,367
2016 $2,722 $10,092 $441 $9,651
2015 $2,635 $10,092 $441 $9,651
2014 $2,604 $10,092 $441 $9,651
2013 $3,321 $12,898 $441 $12,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09619864

Midwest Real Estate Data (MRED)

APN: 15-13-205-032-1002