NOT LISTED FOR SALE

7344 Lake St Unit 2E River Forest, IL 60305

Estimated Value: $241,899 - $281,000

2 Beds
1 Bath
985 Sq Ft
$472/ mo HOA Fee

Last Sold April 21, 2023

Last sale price $250,000 $254 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,066/month

21 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Detached Garage
  • Lincoln Elementary School Rated A
  • Formal Dining Room
  • 5-minute walk to Cummings Square

About This Home

As of April 2023

GORGEOUS VINTAGE CONDO in the heart of everything. This spacious 2 bedroom condo has a new modern kitchen with custom cabinets and quartz countertops. Stainless appliance package. Charm abounds through out this sunny home. Full size washer and dryer in unit. Entertain through out the summer on your oversized 15x13 deck. This unit even has rare garage parking! Pets are welcome in this exceptionally well run, quiet self-managed building. Assessment includes heat,water and gas. Well maintained building. Walk to the Green Line & Metra Trains, Whole Foods, Trader Joe's, Jewel, Starbucks and all the shopping in downtown Oak Park & River Forest.

Last Agent to Sell the Property

Tricia Hart

L.W. Reedy Real Estate License #475134614 Listed on: 02/23/2023

L.W. Reedy Real Estate

Last Buyer's Agent

Maureen Flavin

Berkshire Hathaway HomeServices Chicago License #475176698

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1925

Lot Details

  • Additional Parcels

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 985 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Deck
  • Shed

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, taxes, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 7 Units
  • New Appt Association
  • River Forest Manor Subdivision

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,845

Year Built

Built in 1925

Lot Details

8,233 Sq Ft Lot

HOA Fees

$472 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: River Forest Manor
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 985
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Cable Access
  • Lot Features: Common Grounds
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 472
  • 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: new appt
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3845.46
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 21, 2023
Sold by
Mario Frisella Revocable Living Trust
Bought by
Bailey Lindsey J
Seller's Agent
Tricia Hart
L.W. Reedy Real Estate
Buyer's Agent
Maureen Flavin
Berkshire Hathaway HomeServices Chicago
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Views
90
Current Estimated Value
$258,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,725
Avg. Annual Appreciation
1.19%
Original Mortgage
$200,000
Outstanding Balance
$193,267
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$65,458

Purchase Details

Closed on
Oct 18, 2018
Sold by
Frisella Mario
Bought by
Frisella Mario and The Mario Frisella Revocable Living Trus

Purchase Details

Closed on
May 23, 2017
Sold by
Schmidt Diane M
Bought by
Frisella Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records
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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
Bailey Lindsey J $250,000 None Listed On Document
Frisella Mario -- None Available
Frisella Mario $179,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Lindsey J $200,000
Previous Owner Frisella Mario $143,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $250,000 -2.0% $254 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $255,000 0.0% $259 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $255,000 -- $259 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,968 $16,811 $1,273 $15,538
2024 $2,968 $16,811 $1,273 $15,538
2023 $2,823 $16,811 $1,273 $15,538
2022 $2,823 $14,902 $1,444 $13,458
2021 $2,769 $14,900 $1,443 $13,457
2020 $3,757 $15,466 $1,443 $14,023
2019 $4,713 $18,611 $1,321 $17,290
2018 $4,460 $18,611 $1,321 $17,290
2017 $5,450 $18,611 $1,321 $17,290
2016 $4,269 $18,856 $1,101 $17,755
2015 $4,538 $18,856 $1,101 $17,755
2014 $3,951 $18,856 $1,101 $17,755
2013 $3,942 $18,480 $1,101 $17,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11709214

Midwest Real Estate Data (MRED)

APN: 15-12-217-037-1006

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