NOT LISTED FOR SALE

7344 Lake St Unit 3E River Forest, IL 60305

Estimated Value: $232,067 - $282,000

2 Beds
1 Bath
-- Sq Ft
$446/mo HOA Fee

Last Sold March 08, 2024

Last sale price $237,000

Est. 10% increase in value since last sale

Current estimated payment $2,265/month

178 Days on Market

Highlights

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

About This Home

As of March 2024

Nicely updated a vintage condo, including hardwood floors, crown molding, a formal dining room and marble floors in the kitchen and bath, freshly painted. Close public transportation. Garage parking on site, fenced in yard and private 17 X 15 foot deck. Two storage units. Pets are welcome. Special assessment will be paid at/before closing by sellers.

Last Agent to Sell the Property

Anna Skochylias

All Time Realty, Inc. License #475190202 Listed on: 07/19/2023

Last Buyer's Agent

Joelle Venzera

Compass License #475163719

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1925

Lot Details

  • 8,233

HOA Fees

  • $446 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Home Security

Schools

  • Oak Park & River Forest High Sch

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Additional Features

  • Deck
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, exterior maintenance, lawn care, scavenger, snow removal
  • 7 Units
  • Mario Frisella Association, Phone Number (847) 502-2164

Amenities

  • Building Patio
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fenced around community
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,875

Year Built

Built in 1925

Lot Details

0

HOA Fees

$446 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
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • 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: 2
  • 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
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 245000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Radiator(s)
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 446
  • Association Amenities: Coin Laundry, Storage, Fencing, Patio
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Mario Frisella
  • Management Phone: 847-502-2164
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels Description: 15122170371011
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4874.94
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Mar 8, 2024
Sold by
Zhuravel Artem and Zhuravel Elvira
Bought by
Gaffigan Phillip Michael
Seller's Agent
Anna Skochylias
All Time Realty, Inc.
Buyer's Agent
Joelle Venzera
Compass
List Price
$252,000
Sold Price
$237,000
Premium/Discount to List
-$15,000
-5.95%
Views
438
Current Estimated Value
$259,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,767
Avg. Annual Appreciation
7.14%
Original Mortgage
$213,300
Outstanding Balance
$211,113
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$48,654

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 6, 2022
Sold by
Falen Richard M and Falen Deanna L
Bought by
Shaikhutdinova Elvira and Zhuravel Artem
Seller's Agent
Elizabeth O'Connell
Baird & Warner
Buyer's Agent
Anna Skochylias
All Time Realty, Inc.
List Price
$210,000
Sold Price
$196,000
Premium/Discount to List
-$14,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%

Purchase Details

Closed on
Sep 17, 2001
Sold by
Schultz Eli and Schultz Emily C
Bought by
Falen Richard M and Robinson Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,250
Interest Rate
6.99%

Purchase Details

Closed on
Feb 22, 2000
Sold by
Schultz Eli
Bought by
Schultz Eli and Gibbs Emily C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.12%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Zordani Lisa M
Bought by
Schitz Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.87%
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
Gaffigan Phillip Michael $237,000 None Listed On Document
Shaikhutdinova Elvira $196,000 Baird & Warner Title
Falen Richard M $173,500 First American Title
Schultz Eli -- --
Schitz Eli $135,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffigan Phillip Michael $213,300
Previous Owner Falen Richard M $161,920
Previous Owner Falen Richard M $51,400
Previous Owner Falen Richard M $10,000
Previous Owner Falen Richard M $168,250
Previous Owner Schultz Eli $124,000
Previous Owner Schitz Eli $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $237,000 -3.3% --
01/14/2024 01/14/24 Pending -- -- --
11/26/2023 11/26/23 Price Changed $245,000 -2.8% --
11/02/2023 11/02/23 For Sale $252,000 +6.3% --
10/31/2023 10/31/23 Off Market $237,000 -- --
07/19/2023 07/19/23 For Sale $252,000 +28.6% --
06/13/2022 06/13/22 Sold $196,000 -6.7% --
05/20/2022 05/20/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $210,000 -- --
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 $4,602 $16,811 $1,273 $15,538
2023 $3,707 $16,811 $1,273 $15,538
2022 $3,707 $14,902 $1,444 $13,458
2021 $3,598 $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 $4,462 $18,611 $1,321 $17,290
2016 $5,263 $18,856 $1,101 $17,755
2015 $5,130 $18,856 $1,101 $17,755
2014 $4,715 $18,856 $1,101 $17,755
2013 $4,472 $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: 11836824

Midwest Real Estate Data (MRED)

APN: 15-12-217-037-1007