NOT LISTED FOR SALE

7346 Lake St Unit GW River Forest, IL 60305

Estimated Value: $165,000 - $176,000

1 Bed
1 Bath
-- Sq Ft
$279/mo HOA Fee

Last Sold September 22, 2021

Last sale price $132,000

Est. 29% increase in value since last sale

Current estimated payment $1,524/month

39 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Resident Manager or Management On Site
  • Lincoln Elementary School Rated A
  • Patio
  • 5-minute walk to Cummings Square

About This Home

As of September 2021

Beautiful vintage condo in great River Forest location. Spacious & well-maintained one bedroom with great layout. Walkability is off the charts to River Forest/Oak Park restaurants, shops and commuter trains. Why rent when you can own? Come for a visit and make this lovely condo your new home!

Last Agent to Sell the Property

Steve Green

Baird & Warner License #475171969 Listed on: 06/04/2021

Baird & Warner

Last Buyer's Agent

Lisa Grimes

Compass License #475155715

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,514

Year Built

  • Built in 1926

Lot Details

  • 8,233

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Leased Parking
  • Uncovered Parking

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

Overview

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

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,514

Year Built

Built in 1926

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Year Built: 1926
  • Age: 91-100 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: G
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Storage
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: No additional rooms
  • 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
  • Total Sq Ft: 0
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Galley,Pantry-Closet
  • Living Room Flooring: Hardwood
  • MRD_MBB: None
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 10X09
  • Living Room Windows: Blinds
  • Master Bedroom Windows: Blinds
  • Dining Room Windows: Blinds

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 139000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 50

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 279
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: Mario
  • Management Phone: 847-502-2164

Fee Information

  • Association Fee Includes: Heat, Water, Gas, 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
  • Middle/Junior School District: 90

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3514.35
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Sep 22, 2021
Sold by
Walker Donald M
Bought by
Sethi Paras
Seller's Agent
Steve Green
Baird & Warner
Buyer's Agent
Lisa Grimes
Compass
List Price
$145,000
Sold Price
$132,000
Premium/Discount to List
-$13,000
-8.97%
Current Estimated Value
$170,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,224
Avg. Annual Appreciation
7.35%
Original Mortgage
$125,400
Outstanding Balance
$115,587
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,461

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 27, 2018
Sold by
Newman Kevin J and Newman Patricia S
Bought by
Walker Donald M
Seller's Agent
Bethanny Alexander
Baird & Warner
Buyer's Agent
Steve Green
Baird & Warner
List Price
$126,000
Sold Price
$125,000
Premium/Discount to List
-$1,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$118,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2007
Sold by
Schaaf Jeremy G and Schaaf Heidi
Bought by
Newman Elizabeth E and Newman Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 2004
Sold by
Kreiss Sara L
Bought by
Schaaf Jeremy G and Schaaf Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2000
Sold by
Sculles Christopher A
Bought by
Kreiss Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
8.37%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Suburban Trust & Svgs Bank
Bought by
Sculles Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,605
Interest Rate
7.88%
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
Sethi Paras $132,000 Baird & Warner Ttl Svcs Inc
Walker Donald M $125,000 Baird & Warner Title Service
Newman Elizabeth E $168,000 Multiple
Schaaf Jeremy G $159,500 Cti
Kreiss Sara L $87,000 --
Sculles Christopher A $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sethi Paras $125,400
Previous Owner Walker Donald M $118,750
Previous Owner Newman Elizabeth E $111,900
Previous Owner Newman Elizabeth E $134,400
Previous Owner Schaaf Jeremy G $126,500
Previous Owner Kreiss Sara L $122,000
Previous Owner Kreiss Sara L $8,691
Previous Owner Kreiss Sara L $69,600
Previous Owner Sculles Christopher A $25,000
Previous Owner Sculles Christopher A $62,605
Closed Schaaf Jeremy G $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $132,000 -9.0% --
07/14/2021 07/14/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $145,000 +16.0% --
09/05/2018 09/05/18 Sold $125,000 -0.8% --
07/30/2018 07/30/18 For Sale $126,000 0.0% --
07/28/2018 07/28/18 Pending -- -- --
07/21/2018 07/21/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $126,000 -6.0% --
06/08/2018 06/08/18 For Sale $134,000 0.0% --
07/26/2016 07/26/16 Rented $1,250 +4.2% --
07/22/2016 07/22/16 Under Contract -- -- --
07/18/2016 07/18/16 For Rent $1,200 -- --
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 $3,647 $13,324 $1,009 $12,315
2023 $3,813 $13,324 $1,009 $12,315
2022 $3,813 $11,810 $1,144 $10,666
2021 $2,637 $11,809 $1,144 $10,665
2020 $2,782 $12,258 $1,144 $11,114
2019 $4,579 $14,750 $1,047 $13,703
2018 $3,325 $14,750 $1,047 $13,703
2017 $3,331 $14,750 $1,047 $13,703
2016 $4,004 $14,944 $872 $14,072
2015 $3,894 $14,944 $872 $14,072
2014 $3,582 $14,944 $872 $14,072
2013 $3,391 $14,646 $872 $13,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11104602

Midwest Real Estate Data (MRED)

APN: 15-12-217-037-1001