NOT LISTED FOR SALE

7349 Madison St Unit B Forest Park, IL 60130

Estimated Value: $181,000 - $273,000

2 Beds
1 Bath
-- Sq Ft
$120/mo HOA Fee

Last Sold April 06, 2018

Last sale price $153,400

Est. 37% increase in value since last sale

Current estimated payment $1,511/month

52 Days on Market

Highlights

  • Wood Flooring
  • Soaking Tub
  • Forced Air Heating and Cooling System
  • Sundeck
  • Storage
  • Combination Dining and Living Room

About This Home

As of April 2018

Beautiful second floor unit on ultra hot Madison St. Loft-style duplex features open island kitchen w/updated appliances, backsplash and granite countertops. Gorgeous hardwood flrs, exposed timber ceiling, spiral staircase and side-by-side full size washer/dryer. Both bedrooms are spacious with ample closet space. Updated bathroom. Storage locker. Steps to restaurants and shops. Walk to blue line, green line, Metra. Permit parking for municipal parking lots within 500 feet of unit available at $40 per month per space.

Last Agent to Sell the Property

Kristina Walden

Berkshire Hathaway HomeServices Chicago Listed on: 01/05/2018

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Bridgett McKenzie

Engel & Voelkers Chicago North Shore License #475161375

Engel & Voelkers Chicago North Shore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,928

Lot Details

  • 3,136

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Leased Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Sewer Holding Tank

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 6 Units
  • Anthonymorelli@Hotmail.Com Association
  • Property managed by Madison Association

Amenities

  • Sundeck
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,928

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Off Street
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased

Utilities

  • Sewer: Sewer-Storm, Holding Tank
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 120
  • Association Amenities: Bike Room/Bike Trails, Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Madison Association
  • Management Contact Name: anthonymorelli@hotmail.com
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3928.4
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Apr 6, 2018
Sold by
Clayton Isthmus Llc
Bought by
Elich Jaime J
Seller's Agent
Kristina Walden
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Bridgett McKenzie
Engel & Voelkers Chicago North Shore
List Price
$169,900
Sold Price
$153,400
Premium/Discount to List
-$16,500
-9.71%
Current Estimated Value
$210,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,347
Avg. Annual Appreciation
4.29%
Original Mortgage
$122,720
Outstanding Balance
$106,569
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$104,178

Purchase Details

Closed on
Sep 18, 2013
Sold by
Virella Abraham
Bought by
Clayton Isthmus Llc

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 11, 2013
Sold by
Federal National Mortgage Association
Bought by
Virella Abraham
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Matthew Cohen
Jameson Sotheby's Intl Realty
List Price
$53,500
Sold Price
$63,000
Premium/Discount to List
$9,500
17.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Nov 6, 2012
Sold by
Flynn Kevin P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 9, 2005
Sold by
Dalessandro Roberto and Dalessandro Jennifer
Bought by
Flynn Kevin P and Healy Nicola A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Forest Park National Bank & Trust Co
Bought by
Dalessandro Roberto and Dalessandro Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
5.87%
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
Elich Jaime J $153,500 Chicago Title
Clayton Isthmus Llc -- None Available
Virella Abraham $63,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Flynn Kevin P $180,000 Prairie Title Inc
Dalessandro Roberto $142,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elich Jaime J $122,720
Previous Owner Flynn Kevin P $135,000
Previous Owner Dalessandro Roberto $134,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2018 04/06/18 Sold $153,400 -3.5% --
02/26/2018 02/26/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $159,000 -6.4% --
01/05/2018 01/05/18 For Sale $169,900 +169.7% --
06/28/2013 06/28/13 Sold $63,000 +17.8% $79 / Sq Ft View Prior Sale
05/23/2013 05/23/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $53,500 -- $67 / 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 $3,382 $14,575 $398 $14,177
2023 $4,456 $14,575 $398 $14,177
2022 $4,456 $15,855 $528 $15,327
2021 $4,263 $15,853 $527 $15,326
2020 $4,230 $15,853 $527 $15,326
2019 $4,868 $13,824 $478 $13,346
2018 $4,767 $13,824 $478 $13,346
2017 $4,662 $13,824 $478 $13,346
2016 $3,928 $10,962 $438 $10,524
2015 $3,867 $10,962 $438 $10,524
2014 $3,794 $10,962 $438 $10,524
2013 $4,412 $13,641 $438 $13,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09826914

Midwest Real Estate Data (MRED)

APN: 15-12-433-050-1002