NOT LISTED FOR SALE

7440 Adams St Unit 2K Forest Park, IL 60130

Estimated Value: $117,000 - $165,000

1 Bed
1 Bath
-- Sq Ft
$254/mo HOA Fee

Last Sold May 28, 2021

Last sale price $112,500

Est. 21% increase in value since last sale

Current estimated payment $1,249/month

5 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Laundry Facilities
  • Dogs and Cats Allowed
  • Heating System Uses Steam

About This Home

As of May 2021

Charming and updated one bedroom, one bath condo located in a secure vintage courtyard building in a lovely Forest Park neighborhood. The welcoming foyer enters to a sunny living room with crown moldings. The open kitchen-dining room offers a more contemporary feel, complete with rich wood cabinets providing ample storage, black appliances, and plenty of useful counter space. The spacious bedroom can accommodate a king size bed and hosts a large closet. Not easily found in older units, there is a laundry/storage room with full size stackable washer/dryer. Additional features include: Storage closet in the basement, hardwood flooring throughout, solid wood paneled doors, ceiling fans, exterior stairwell, and more. Why pay rent when you can own? Hurry up, this affordable unit won't last long!

Last Agent to Sell the Property

Lauren Cody

Baird & Warner License #475130596 Listed on: 04/26/2021

Baird & Warner

Last Buyer's Agent

Lauren Cody

Baird & Warner License #475130596 Listed on: 04/26/2021

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $771

Year Built

  • Built in 1924

Lot Details

  • 0.29

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$771

Year Built

Built in 1924

Lot Details

0

HOA Fees

$254 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: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Steam, Radiators
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 254
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Dowling Properties
  • Management Contact Name: Dowling Properties Admin.
  • Management Phone: 708-771-0880

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, 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
  • Junior High/Middle School #2: Proviso Mathematics and Science Academy

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • 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: 771.35
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 24, 2021
Sold by
Ritter Lisa K and Ritter Brian
Bought by
Gaskill Robert
Seller's Agent
Lauren Cody
Baird & Warner
Buyer's Agent
Lauren Cody
Baird & Warner
List Price
$125,000
Sold Price
$112,500
Premium/Discount to List
-$12,500
-10%
Total Days on Market
5
Current Estimated Value
$136,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,583
Avg. Annual Appreciation
6.18%
Original Mortgage
$101,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Three Oaks Development Inc
Bought by
Pandel Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,100
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in the area

  • 315 Des Plaines Ave Unit 602, Forest Park, IL 60130

    $155,000

    • 2 Beds
    • 1.5 Baths
    • 900 Sq Ft
    • 315 Des Plaines Ave
    • Unit 602
    • Forest Park, IL

    Welcome to this freshly updated 2-bedroom, 1.5 bath condo offering a bright and open layout with incredible city views! The interior features fresh paint, new flooring, overhead lighting, and large windows that fill the space with natural light. The open-concept living and dining area flows seamlessly to a private, wraparound balcony where you can enjoy sweeping views of downtown Forest Park and

    April Baker Berkshire Hathaway HomeServices Chicago

    Section Image
  • 7428 Washington St Unit 304, Forest Park, IL 60130

    $134,999

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • 7428 Washington St
    • Unit 304
    • Forest Park, IL

    Welcome to Forest Park!! Enjoy easy access to downtown Forest Park's shops and restaurants, major highways and Metra lines. This 1 bedroom, 1 bath has been freshly painted along with new lighting, and upgraded kitchen and bath fixtures. The kitchen boasts stainless steel appliances and the living area opens to a private balcony with privacy glass. The oval garden plots can be rented for a

    Curtis Johnson Baird & Warner

    Section Image
  • 7428 Washington St Unit 305, Forest Park, IL 60130

    $135,000

    • 1 Bed
    • 1 Bath
    • 7428 Washington St
    • Unit 305
    • Forest Park, IL

    Sit on your own private balcony or take a stroll to Downtown Forest Park for the ultimate in dining cuisine. This one bedroom one bathroom home has a private balcony that overlooks the open garden space next door (want to try gardening yourself? The oval garden plots can be rented for a refundable deposit!) Light and bright laundry room on site with app controlled washer and dryer lets you know

    Dawn Larsen Baird & Warner

    Section Image
  • 300 Circle Ave Unit 3A, Forest Park, IL 60130

    $130,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 300 Circle Ave
    • Unit 3A
    • Forest Park, IL

    **MULTIPLE OFFERS RECEIVED** BEST & HIGHEST DUE BY 9AM ON FRIDAY 5/2. Welcome to this stunning corner-unit condo at 300 Circle Avenue in downtown Forest Park-an exceptional value you won't want to miss! Bright and airy, the open-concept living room flows seamlessly into a cozy dining area and a kitchen graced by a large window. Step out onto your private balcony-ideal for morning coffee or

    Yanfei Hu Berkshire Hathaway HomeServices Chicago

    Section Image
  • 205 Circle Ave Unit 2B, Forest Park, IL 60130

    $128,000

    • 1 Bed
    • 1 Bath
    • 205 Circle Ave
    • Unit 2B
    • Forest Park, IL

    1 bed / 1 bath available in the heart of Forest Park! Pets and rentals allowed. Unit comes with 1 parking space and 1 storage space. 11 units total in the building. Unit needs some updating. Monthly HOAs are 238/month and include: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Scavenger, Lawn Care and Snow Removal. No special assessments planned. Laundry room in basement.

    Lauren Mitrick Wood Compass

    Section Image
  • 727 S Maple Ave Unit 301, Oak Park, IL 60304

    $134,700

    • 1 Bed
    • 1 Bath
    • 727 S Maple Ave
    • Unit 301
    • Oak Park, IL

    Welcome to this charming 1-bedroom end-unit condo offering comfort, convenience, and investment potential! Featuring updated flooring and fresh paint throughout, this bright and inviting space is move-in ready. The kitchen includes a refrigerator that's just 4 years old, and the unit enjoys a peaceful side street view, adding privacy and natural light. Investor-friendly and located in an

    Diana Matichyn Coldwell Banker Realty

    Section Image
  • 405 S Maple Ave Unit 3, Oak Park, IL 60302

    $135,900

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 405 S Maple Ave
    • Unit 3
    • Oak Park, IL

    Welcome home to this beautifully remodeled 1-bedroom condo, perfectly situated in the heart of Oak Park. Located on the ground level, this modern unit offers easy access and convenience for all your needs. Enjoy a fresh, contemporary space with updated finishes throughout. Open-concept living area, perfect for entertaining or relaxing. Just minutes from Rush Hospital, major interstate I-290, and

    Hayder Khalifa Charles Rutenberg Realty of IL

    Section Image
  • 7301 Dixon St Unit 5, Forest Park, IL 60130

    $139,900

    • 1 Bed
    • 1 Bath
    • 7301 Dixon St
    • Unit 5
    • Forest Park, IL

    Charming 1-Bedroom Condo - Prime Location! Enjoy convenience and comfort in this cozy 1-bedroom condo featuring 2 dedicated parking spaces - a rare find! Just minutes from the expressway, commuting is a breeze. The building offers a laundry area for your convenience, and the low association makes this an affordable and attractive option. Perfect for first-time buyers or savvy investors. Don't

    Arturo Escobar Keller Williams Thrive

    Section Image
  • 850 Des Plaines Ave Unit 202, Forest Park, IL 60130

    $154,900

    • 1 Bed
    • 1 Bath
    • 850 Des Plaines Ave
    • Unit 202
    • Forest Park, IL

    Welcome home to this updated 1 BD/1 BA bright 2nd floor corner CONDO, new stainless steel appliances, freshly painted! Just a quick 10 minute walk to the Forest Park Blue Line station. Enjoy the open floor plan with custom made bar. Enjoy summer nights outside on the balcony. Condo has ample storage including four closets and a pantry in the kitchen. Sale includes one (1) assigned parking space

    Peter Burdi Pete Highland Realty, Ltd

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gaskill Robert $112,500 First American Title
Pandel Lisa K $151,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaskill Robert $101,250
Previous Owner Ritter Lisa K $106,000
Previous Owner Pandel Lisa K $115,100
Previous Owner Pandel Lisa $25,100
Previous Owner Hurley Kevin $23,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $112,500 -10.0% --
05/01/2021 05/01/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $125,000 -- --
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 $3,268 $10,980 $362 $10,618
2023 $3,268 $10,980 $362 $10,618
2022 $3,268 $9,121 $381 $8,740
2021 $1,971 $9,119 $380 $8,739
2020 $1,996 $9,119 $380 $8,739
2019 $771 $5,620 $344 $5,276
2018 $753 $5,620 $344 $5,276
2017 $757 $5,620 $344 $5,276
2016 $673 $4,375 $317 $4,058
2015 $618 $4,375 $317 $4,058
2014 $625 $4,375 $317 $4,058
2013 $1,691 $7,858 $317 $7,541
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11066504

Midwest Real Estate Data (MRED)

APN: 15-13-210-024-1035