NOT LISTED FOR SALE

7438 Adams St Unit 3I Forest Park, IL 60130

Estimated Value: $132,000 - $167,000

1 Bed
1 Bath
782 Sq Ft
$263/mo HOA Fee

Last Sold July 08, 2022

Last sale price $125,500 $160 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,300/month

112 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Intercom
  • Formal Dining Room
  • Built-In Features
  • Walk-In Closet

About This Home

As of July 2022

Pristine condo on top floor with great view! Immaculately maintained vintage features combine with modern amenities to make this a special place for living, relaxing, & playing. Large windows allow natural light to illuminate the beautiful hardwood flooring throughout. Modern kitchen with stainless steel appliances & granite countertops are perfect for preparing meals for gatherings in the separate dining room. Massive walk-in closet is approximately 7 feet deep by 5 feet wide! In-unit washer/dryer included. Exterior porch area is perfect for summer barbeques & sun! Conveniently located just one block south of Madison Street's lively shops, restaurants, & nightlife. Easy access to CTA blue & green lines, freeway, & parks.

Last Agent to Sell the Property

Jason Hinsley

Re/Max Metropolitan LLC License #471022502 Listed on: 02/26/2022

Re/Max Metropolitan LLC

Last Buyer's Agent

Kelly Gisburne

Berkshire Hathaway HomeServices Chicago License #475109911

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 1924

Lot Details

  • 0.29

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 782 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Garfield Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, scavenger, snow removal
  • 39 Units
  • Al Ho Association, Phone Number (708) 771-0880
  • Property managed by Dowling Properties

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,121

Year Built

Built in 1924

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1924
  • 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: 3
  • 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: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • LivingArea: 782
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: Approx Sq Ft does not include 7x5 walk-in closet, bathroom, entryway, & washer/dryer closet.
  • Total Sq Ft: 0

Exterior Features

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

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 263
  • 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: Dowling Properties
  • Management Contact Name: Al Ho
  • Management Phone: 708-771-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Middle/Junior School District: 91

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3121
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Jun 30, 2022
Sold by
Mangelsdorf Paul and Mangelsdorf Kerry
Bought by
Kouloumbas Jessica Lynne
Seller's Agent
Jason Hinsley
Re/Max Metropolitan LLC
Buyer's Agent
Kelly Gisburne
Berkshire Hathaway HomeServices Chicago
List Price
$139,000
Sold Price
$125,500
Premium/Discount to List
-$13,500
-9.71%
Total Days on Market
112
Current Estimated Value
$142,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,977
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Apr 9, 2018
Sold by
Braasch Robert B and Braasch Robert J
Bought by
Mangelsdorf Paul and Mangelsdorf Kerry

Purchase Details

Closed on
Jul 29, 2005
Sold by
Three Oaks Development Inc
Bought by
Braasch Robert B and Braasch Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Kouloumbas Jessica Lynne $125,500 Dvorak Joseph M
Mangelsdorf Paul $105,000 Attorneys Title Guaranty Fu
Braasch Robert B $155,500 Prairie Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braasch Robert B $112,500
Previous Owner Braasch Robert B $116,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $125,500 -9.7% $160 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $139,000 0.0% $178 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $139,000 -- $178 / 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 $3,372 $11,328 $374 $10,954
2023 $3,372 $11,328 $374 $10,954
2022 $3,372 $9,410 $393 $9,017
2021 $3,203 $9,408 $392 $9,016
2020 $3,121 $9,408 $392 $9,016
2019 $2,042 $5,799 $355 $5,444
2018 $815 $5,799 $355 $5,444
2017 $817 $5,799 $355 $5,444
2016 $723 $4,514 $327 $4,187
2015 $667 $4,514 $327 $4,187
2014 $673 $4,514 $327 $4,187
2013 $1,772 $8,107 $327 $7,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11333803

Midwest Real Estate Data (MRED)

APN: 15-13-210-024-1030