NOT LISTED FOR SALE

7348 Lake St Unit 2E River Forest, IL 60305

Estimated Value: $226,889 - $280,000

2 Beds
1 Bath
985 Sq Ft
$364/mo HOA Fee

Last Sold May 07, 2021

Last sale price $170,000 $173 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,038/month

112 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Detached Garage
  • Lincoln Elementary School Rated A
  • Fenced Yard
  • 5-minute walk to Cummings Square

About This Home

As of May 2021

This adorable River Forest condo, one and a half blocks from beautiful Downtown Oak Park, hits all the boxes, including: In-unit laundry, garage parking, and vintage charm. This home features hardwood floors, crown moldings, large living room w/bay window. Kitchen has white cabinets, butcher block countertops, and opens into large dining room, and great covered shared back deck. Effective association cares a great deal about the keeping the building well-maintained and it shows. Spacious shared yard is perfect for entertaining. Don't miss out!!!

Last Agent to Sell the Property

Michael Pochron

@properties Christie's International Real Estate License #475154961 Listed on: 12/01/2020

@properties Christie's International Real Estate

Co-Listed By

Alexandra Pochron

@properties Christie's International Real Estate License #475181969

Last Buyer's Agent

Margaret McSheehy

Historic Homes Realty License #471005355

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,869

Year Built

  • 1926

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $364 per month

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Deck

Listing and Financial Details

  • $2,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,869

Year Built

1926

Lot Details

0

HOA Fees

$364 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1926
  • Type Attached: Condo, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1926

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X8, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X09, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 985
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Storms/Screens, Cable Access
  • Exposure: N (North), S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 364
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self Managed

Schools

  • School District: 200
  • Elementary School: Lincoln Elementary School
  • Middle School: Roosevelt School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: CONDO
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 15122170381002

Multi Family

  • Total Number Unitsin Building: 7
  • Number Stories: 3

Tax Info

  • Taxes: 6195.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
May 7, 2021
Sold by
Marquette Bank
Bought by
Magee Jeffrey P and Magee Sara L
Seller's Agent
Michael Pochron
@properties Christie's International Real Estate
Buyer's Agent
Margaret McSheehy
Historic Homes Realty
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Current Estimated Value
$244,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,826
Avg. Annual Appreciation
9.23%
Original Mortgage
$127,500
Outstanding Balance
$117,011
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$130,356

Purchase Details

Closed on
May 22, 2003
Sold by
Boncuore Cheryl A
Bought by
Shieh Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,200
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Boncuore Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
7.87%
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
Magee Jeffrey P $170,000 Proper Title Llc
Shieh Sharon L $216,500 Lawyers Title Insurance Corp
Boncuore Cheryl A $151,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magee Jeffrey P $127,500
Previous Owner Shieh Sharon L $173,200
Previous Owner Boncuore Cheryl A $129,600
Previous Owner Boncoure Cheryl A $120,000
Previous Owner Boncuore Cheryl A $95,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $170,000 -5.6% $173 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $180,000 0.0% $183 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $180,000 -4.8% $183 / Sq Ft
12/01/2020 12/01/20 For Sale $189,000 -- $192 / 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 $3,869 $17,448 $1,484 $15,964
2023 $4,813 $18,732 $1,484 $17,248
2022 $4,813 $18,326 $1,683 $16,643
2021 $5,699 $18,325 $1,683 $16,642
2020 $6,562 $21,594 $1,683 $19,911
2019 $5,879 $18,939 $1,540 $17,399
2018 $5,566 $18,939 $1,540 $17,399
2017 $5,546 $18,939 $1,540 $17,399
2016 $6,111 $18,995 $1,283 $17,712
2015 $6,003 $18,995 $1,283 $17,712
2014 $5,499 $18,995 $1,283 $17,712
2013 $4,762 $16,877 $1,283 $15,594
Source: Public Records

Agents Affiliated with this Home

  • Michael Pochron

    Seller's Agent in 2021

    Michael Pochron

    @ Properties

    (708) 707-9411

    2 in this area

    164 Total Sales

    Section Image
  • Alexandra Pochron

    Seller Co-Listing Agent in 2021

    Alexandra Pochron

    @ Properties

    (773) 841-4757

    1 in this area

    3 Total Sales

    Section Image
  • Margaret McSheehy

    Buyer's Agent in 2021

    Margaret McSheehy

    Historic Homes Realty

    (708) 288-9957

    3 in this area

    37 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10944159

Midwest Real Estate Data (MRED)

APN: 15-12-217-038-1002

Illinois Cook County River Forest 60305

7348 Lake St Unit 2E, River Forest, IL

This home is located at 7348 Lake St Unit 2E, River Forest, IL 60305 since 01 December 2020 and is currently estimated at $241,972, approximately $245 per square foot. This property was built in 1926. 7348 Lake St Unit 2E 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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