NOT LISTED FOR SALE

7428 Washington St Unit 501 Forest Park, IL 60130

Estimated Value: $159,000 - $180,000

2 Beds
1 Bath
1,000 Sq Ft
$267/mo HOA Fee

Last Sold December 03, 2021

Last sale price $143,000 $143 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,526/month

3 Days on Market

About This Home

As of December 2021

Sun-filled, 5th floor condo with spacious wrap-around balcony overlooking community garden. Special features include updated kitchen with maple cabinets and stainless steel appliances, hardwood floors, in-unit washer/dryer, and exterior parking space. Ideal location near Madison Street shops and restaurants. Two blocks to public transportation and Forest Park Blue Line train. Note: laundry room was previously a half bath and can be converted back, if desired. Investor-friendly building.

Last Agent to Sell the Property

Shea Kiessling

Berkshire Hathaway HomeServices Chicago License #475158907 Listed on: 10/11/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Mable Benton

Charles Rutenberg Realty of IL License #475153484

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,124

Year Built

  • 1970

Lot Details

  • 0.41

HOA Fees

  • $267 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Kitchen and Dining Room

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 40 Units
  • Acm Association, Phone Number (630) 620-1133
  • Property managed by ACM Community Management

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,124

Year Built

1970

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 51-60 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: 5
  • Directions: Des Plaines to Washington St, one way east to property.
  • Lot Size: COMMON
  • Master Model: END UNIT
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Door Features: Mirrored Closet Door(s),Sliding Glass Door(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: Balcony/Porch/Lanai
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, End Unit
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window/Wall Units - 2
  • Heating: Electric
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: ACM Community Management
  • Management Contact Name: ACM
  • Management Phone: 630-620-1133
  • Amenities: Coin Laundry, Elevator(s), Storage, Security Door Lock(s), Intercom
  • Association Fee: 267
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 209
  • Middle Or Junior School: Forest Park Middle School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Multi Family

  • Units in Building: 40

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2128.69
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 17, 2021
Sold by
Makar Denise
Bought by
Ruff Jarvis
Seller's Agent
Shea Kiessling
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Mable Benton
Charles Rutenberg Realty of IL
List Price
$140,000
Sold Price
$143,000
Premium/Discount to List
$3,000
2.14%
Current Estimated Value
$173,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,873
Avg. Annual Appreciation
5.14%
Original Mortgage
$107,250
Outstanding Balance
$98,262
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$75,611

Purchase Details

Closed on
May 15, 2006
Sold by
7428 West Washington Llc
Bought by
Makar Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,900
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
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
Ruff Jarvis $143,000 Chicago Title
Makar Denise $170,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruff Jarvis $107,250
Previous Owner Makar Denise $13,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $143,000 +2.1% $143 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $140,000 0.0% $140 / Sq Ft
08/28/2019 08/28/19 Rented $1,650 0.0% --
08/05/2019 08/05/19 For Rent $1,650 +17.9% --
06/30/2017 06/30/17 Rented $1,400 0.0% --
06/16/2017 06/16/17 For Rent $1,400 0.0% --
11/12/2015 11/12/15 Under Contract -- -- --
11/12/2015 11/12/15 Rented $1,400 0.0% --
11/06/2015 11/06/15 For Rent $1,400 -- --
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 $4,124 $13,730 $442 $13,288
2023 $3,293 $13,730 $442 $13,288
2022 $3,293 $9,188 $465 $8,723
2021 $3,128 $9,187 $464 $8,723
2020 $2,019 $9,187 $464 $8,723
2019 $693 $5,397 $420 $4,977
2018 $676 $5,397 $420 $4,977
2017 $682 $5,397 $420 $4,977
2016 $858 $4,890 $387 $4,503
2015 $800 $4,890 $387 $4,503
2014 $803 $4,890 $387 $4,503
2013 $1,264 $6,539 $387 $6,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11235465

Midwest Real Estate Data (MRED)

APN: 15-12-432-034-1025