$87,000
SOLD MAY 2, 2022

7440 Adams St Unit 2L Forest Park, IL 60130

1 Bed
1 Bath
-- Sq Ft
$252/mo HOA Fee

Recently Sold

17% Below List Price

34 Days on Market

Highlights

  • Living Room
  • Heating System Uses Steam
  • Dogs and Cats Allowed

About This Home

As of September 2024

RENTALS ALLOWED. BUILDING IS IN GOOD FINANCIAL SHAPE. CUTE STUDIO/JR ONE BEDROOM IN SPACIOUS VINTAGE UNIT IN BEAUTIFUL COURTYARD BUILDING. OH SO CLOSE TO PUBLIC TRANSPORTATION, EXPRESSWAYS A HOP SKIP AND JUMP AWAY. CURRENT TENANT WOULD LIKE TO STAY. LEASE ENDS APRIL 2, 2022 AT $850 PER MONTH. BELOW MARKET RATE. PLENTY OF STREET PARKING IN WONDERFUL DOWNTOWN FOREST PARK.

Last Agent to Sell the Property

Fran Mizzi

Berkshire Hathaway HomeServices Chicago License #475126264 Listed on: 02/11/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Susan Canepa

Compass License #475170625

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1924

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance
  • 39 Units
  • Office Association, Phone Number (708) 771-0880
  • Property managed by DOWLING PROPERTIES

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,386

Year Built

Built in 1924

Lot Details

0

HOA Fees

$252 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 3
  • 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: 90000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 252
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: DOWLING PROPERTIES
  • Management Contact Name: OFFICE
  • Management Phone: 708-771-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance

Schools

  • Middle/Junior School District: 91

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 2386.3
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 16, 2024
Sold by
Cropstar Llc
Bought by
Pettigrew Robert
Seller's Agent
Susan Canepa
Compass
Buyer's Agent
Steve Nasralla
Compass
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$123,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,054
Avg. Annual Appreciation
-4.51%

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 30, 2022
Sold by
The Daniel Sapienza Trust
Bought by
Cropstar Llc
Seller's Agent
Fran Mizzi
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan Canepa
Compass
List Price
$105,000
Sold Price
$87,000
Premium/Discount to List
-$18,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%

Purchase Details

Closed on
Nov 24, 2020
Sold by
Sapienza Daniel
Bought by
Sapienza Daniel and Daniel Sapienza Trust

Purchase Details

Closed on
Aug 21, 2009
Sold by
Us Bank National Association
Bought by
Sapienza Daniel and Mckevett Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2009
Sold by
Appler Valerie and Appler Valerie M
Bought by
Us Bank National Association and Sabr 2006-Wm1

Purchase Details

Closed on
Sep 12, 2005
Sold by
Three Oaks Development Inc
Bought by
Appler Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,755
Interest Rate
7.37%
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 Type Sale Price Title Company
Warranty Deed $125,000 Prairie Title
Warranty Deed $87,000 Citywide Title
Interfamily Deed Transfer -- None Available
Special Warranty Deed $40,000 Attorneys Title Guaranty Fun
Legal Action Court Order -- None Available
Warranty Deed $117,500 Prairie Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 New Conventional
Previous Owner $75,755 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $125,000 0.0% --
08/23/2024 08/23/24 For Sale $125,000 +43.7% --
05/02/2022 05/02/22 Sold $87,000 -3.3% --
03/18/2022 03/18/22 Pending -- -- --
03/14/2022 03/14/22 Price Changed $90,000 -8.2% --
03/08/2022 03/08/22 Price Changed $98,000 -6.7% --
02/11/2022 02/11/22 For Sale $105,000 -- --
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 $2,601 $8,661 $286 $8,375
2023 $2,578 $8,661 $286 $8,375
2022 $2,578 $7,193 $300 $6,893
2021 $2,449 $7,193 $300 $6,893
2020 $2,386 $7,193 $300 $6,893
2019 $1,561 $4,433 $271 $4,162
2018 $1,529 $4,433 $271 $4,162
2017 $1,495 $4,433 $271 $4,162
2016 $1,237 $3,451 $250 $3,201
2015 $1,217 $3,451 $250 $3,201
2014 $1,194 $3,451 $250 $3,201
2013 $2,005 $6,198 $250 $5,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11323229

Midwest Real Estate Data (MRED)

APN: 15-13-210-024-1038