NOT LISTED FOR SALE

74 Forest Gate Cir Oak Brook, IL 60523

Estimated Value: $1,539,000 - $1,760,000

4 Beds
5 Baths
3,645 Sq Ft
$441/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $1,250,000 $343 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,491/month

178 Days on Market

Highlights

  • Active Adult
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Recreation Room
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of December 2019

Possibly the best location in Forest Gate! This upscale, upgraded home has pond views on all sides & is most interior lot in Oak Brook's premier maintenance free, gated, guarded community. Walk to Oak Brook Park District, Tennis Racquet Club. Beautifully appointed, 4 bedrooms and 4.1 bathrooms, heated 2 car garage w/epoxy flooring. 2 story grand entry foyer w/grand chandelier. So many upgrades & so much space. Soaring ceilings, hardwood flooring, open floor plan. Luxurious first floor master suite, with high ceilings, his and her walk in closets. Patio with water views like no other in this community. 2 bedrooms w/ensuite bathrooms on 2nd floor plus 1 more bedroom w/full bathroom, office/5th bedroom in full finished basement w/ceiling heights over 11 ft. Great for entertaining & relaxing. Upgraded gourmet kitchen w/new high end, Thermador, Bosch appliances, large island w/breakfast bar & custom cabinetry. 1st floor laundry room w/new washer & dryer, mud room. 5994 sq ft living space.

Last Agent to Sell the Property

Lina Shah

Coldwell Banker Realty License #475125979 Listed on: 05/21/2019

Coldwell Banker Realty

Last Buyer's Agent

Shelly Perkowski

Coldwell Banker Residential

Home Details

Home Type

  • Single Family

Year Built

  • 2003

Lot Details

  • 3,920

HOA Fees

  • $700 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Library
  • Recreation Room
  • Lower Floor Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Brick Porch or Patio

Community Details

  • Active Adult

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2003

Lot Details

0

HOA Fees

$700 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Adult Community
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Square Footage Comments: 3645 sq ft above ground plus 2494 sq ft basement
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Traditional
  • Type Detached: 1.5 Story
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 12
  • Living Room: Dimensions: 21X19, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Bidet, Full Body Spray Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Dining Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Office, Breakfast Room, Library, Foyer, Utility Room-Lower Level, Recreation Room
  • Master Bedroom: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Office, Dimensions: 17X14, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 15X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 2: Dimensions: 18X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Library, Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 18X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Foyer, Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 16X12, On Level: Basement, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Room 5 Name: Utility Room-Lower Level, Dimensions: 26X13, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 6 Name: Other, Dimensions: 12X8, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 7 Name: Recreation Rm, Dimensions: 33X20, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 3645
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Stucco, Stone
  • Roof Type: Wood Shakes/Shingles
  • Waterfront: Yes
  • Exterior Property Features: Patio, Brick Paver Patio
  • Exposure: N (North)
  • Acreage: 0.0931

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Quarterly
  • Assessment Includes: Common Insurance, Security, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessed Sq Ft: 3500
  • Assessment Association Fees: 2100
  • Management Contact Name: MATT CHOJNOWSKI
  • Management Phone: 630-323-8810

Fee Information

  • Management Company: OAK & DALE

Schools

  • Junior High Dist: 53

Lot Info

  • Lot Dimensions: 24X42X56X52X85
  • Parcel Identification Number: 0626301037

Tax Info

  • Taxes: 13837.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Dec 3, 2019
Sold by
Sundar Balakrishna and Balakrishna Sundar Declaration
Bought by
Chicago Title Land Trust Company and Trust 8002382382
Seller's Agent
Lina Shah
Coldwell Banker Realty
Buyer's Agent
Shelly Perkowski
Coldwell Banker Residential
List Price
$1,369,900
Sold Price
$1,250,000
Premium/Discount to List
-$119,900
-8.75%
Current Estimated Value
$1,606,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,460
Avg. Annual Appreciation
4.21%

Purchase Details

Listed on
May 21, 2014
Closed on
May 29, 2015
Sold by
Boncimino Darlene M
Bought by
Declaration Sundar Balakrishna and Balakrishna Sundar Declaration Of Trust
Seller's Agent
Dick Coan
@properties Christie's International Real Estate
Buyer's Agent
Lina Shah
Coldwell Banker Realty
List Price
$1,590,000
Sold Price
$1,365,000
Premium/Discount to List
-$225,000
-14.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.92%
Original Mortgage
$887,250
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2013
Sold by
Boncimino Darlene
Bought by
Boncimino Darlene M and Darlene M Boncimino Revocable Trust

Purchase Details

Closed on
Aug 8, 2003
Sold by
Forest Gate Inc
Bought by
Boncimino Angelo and Boncimino Darlene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chicago Title Land Trust Company $1,250,000 Chicago Title
Declaration Sundar Balakrishna $1,365,000 Acquest Title Services Llc
Boncimino Darlene M -- First American Title Insuran
Boncimino Angelo $1,021,500 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Declaration Sundar Balakrishna $887,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2019 12/10/19 Sold $1,250,000 -5.9% $343 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/17/2019 10/17/19 Price Changed $1,329,000 -1.5% $365 / Sq Ft
09/10/2019 09/10/19 Price Changed $1,349,000 -1.5% $370 / Sq Ft
05/21/2019 05/21/19 For Sale $1,369,900 +0.4% $376 / Sq Ft
05/29/2015 05/29/15 Sold $1,365,000 -14.2% $390 / Sq Ft View Prior Sale
02/03/2015 02/03/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $1,590,000 +16.5% $454 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
10/30/2014 10/30/14 Off Market $1,365,000 -- --
05/21/2014 05/21/14 For Sale $1,590,000 -- $454 / 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 $16,788 $458,351 $141,804 $316,547
2023 $16,054 $423,850 $131,130 $292,720
2022 $15,028 $407,440 $126,050 $281,390
2021 $14,357 $397,310 $122,920 $274,390
2020 $14,012 $388,610 $120,230 $268,380
2019 $13,144 $369,470 $114,310 $255,160
2018 $11,899 $349,750 $108,210 $241,540
2017 $13,838 $406,450 $125,760 $280,690
2016 $14,538 $412,260 $118,470 $293,790
2015 $14,156 $384,070 $110,370 $273,700
2014 $10,842 $287,150 $112,910 $174,240
2013 $10,757 $291,200 $114,500 $176,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10380003

Midwest Real Estate Data (MRED)

APN: 06-26-301-037