NOT LISTED FOR SALE

7450 Lincoln Ave Unit 507 Skokie, IL 60076

Southeast Skokie Neighborhood

Estimated Value: $306,000 - $344,000

2 Beds
2 Baths
1,400 Sq Ft
$424/mo HOA Fee

Last Sold October 28, 2021

Last sale price $287,100 $205 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,527/month

5 Days on Market

About This Home

As of October 2021

Come see this large impeccably rehabbed 2BED/2BATH condominium in Lincoln Ridge! Completely rehabbed from top to bottom. Updated bathrooms, brand new kitchen, with plenty of counter space and cabinets and all SS appliances. Great size living room. Master bedroom with full bath & walk-in closet. Second Bedroom is also significantly larger than typical and it has beautiful custom built-ins. In-unit laundry. One indoor heated parking spot and large indoor storage are included in the price! Ample outdoor visitor parking. Conveniently located in short walk to public transportation, shopping, parks and fine dining! Well maintained and managed building condo association with healthy reserves. Pets welcome!

Last Agent to Sell the Property

Rina Hodzic

Panther Pro Realty Inc. License #471003606 Listed on: 09/23/2021

Last Buyer's Agent

Bassam Oshana

Bassam Oshana License #471009526

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,256

Year Built | Renovated

  • 2000 | 2021

Lot Details

  • 0.63

HOA Fees

  • $424 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 60 Units
  • Jennifer Meyer Association, Phone Number (847) 459-0000
  • Property managed by First Service Residential

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,256

Year Built | Renovated

2000 | 2021

Lot Details

0

HOA Fees

$424 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2021
  • Directions: East of Skokie Blvd, One block south of Howard
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2000
  • Year Renovated: 2021

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms
  • Stories: 5

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Radiant
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Jennifer Meyer
  • Management Phone: 847-459-0000
  • Association Fee: 424
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 219

Lot Info

  • Special Assessments: N

Rental Info

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

Multi Family

  • Units in Building: 60

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4155
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 11, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Lussi Nuha
Seller's Agent
Rina Hodzic
Panther Pro Realty Inc.
Buyer's Agent
Bassam Oshana
Bassam Oshana
List Price
$289,900
Sold Price
$287,100
Premium/Discount to List
-$2,800
-0.97%
Current Estimated Value
$320,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,669
Avg. Annual Appreciation
1.60%

Purchase Details

Closed on
Dec 29, 2016
Sold by
Hodzic Rina
Bought by
Chicago Title Land Trust Co and Trust Number 8002373307

Purchase Details

Listed on
Jun 14, 2013
Closed on
Aug 9, 2013
Sold by
Fannie Mae
Bought by
Hodzic Rina
Seller's Agent
Ron Ehlers
Compass
Buyer's Agent
Rina Hodzic
Panther Pro Realty Inc.
List Price
$178,900
Sold Price
$160,000
Premium/Discount to List
-$18,900
-10.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$128,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2013
Sold by
Kailer Steven and Kailer Steven R
Bought by
Federal Natl Mtg Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Heller Mark
Bought by
Kailer Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 26, 2002
Sold by
Kim Yon Sook
Bought by
Heller Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
6.91%

Purchase Details

Closed on
Feb 20, 2001
Sold by
Lincoln Ridge North Condominiums Llc
Bought by
Kim Yon Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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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
Lussi Nuha $287,500 Fidelity National Title
Chicago Title Land Trust Co -- Chicago Title Land Trust Com
Hodzic Rina $160,000 Attorneys Title Guaranty Fun
Federal Natl Mtg Assn -- --
Federal Natl Mtg Assn -- --
Federal Natl Mtg Assn -- --
Kailer Steven R $278,000 Rtc
Heller Mark $258,000 Chicago Title Insurance Co
Kim Yon Sook $214,500 --
Lincoln Ridge North Condominiums Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodzic Rina $128,000
Previous Owner Kailer Steven R $222,400
Previous Owner Kailer Steven R $35,600
Previous Owner Heller Mark L $25,000
Previous Owner Heller Mark L $212,000
Previous Owner Heller Mark $232,200
Previous Owner Kim Yon Sook $73,000
Previous Owner Kim Yon Sook $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $287,100 -1.0% $205 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $289,900 +81.2% $207 / Sq Ft
09/18/2013 09/18/13 Sold $160,000 0.0% --
07/22/2013 07/22/13 Pending -- -- --
07/17/2013 07/17/13 Off Market $160,000 -- --
06/14/2013 06/14/13 For Sale $178,900 -- --
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 $4,256 $23,969 $646 $23,323
2023 $4,088 $23,969 $646 $23,323
2022 $4,088 $23,969 $646 $23,323
2021 $4,291 $19,873 $461 $19,412
2020 $4,156 $19,873 $461 $19,412
2019 $4,257 $22,174 $461 $21,713
2018 $3,359 $16,726 $403 $16,323
2017 $3,406 $16,726 $403 $16,323
2016 $3,446 $16,726 $403 $16,323
2015 $2,878 $13,645 $345 $13,300
2014 $2,795 $13,645 $345 $13,300
2013 $2,824 $13,645 $345 $13,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11227037

Midwest Real Estate Data (MRED)

APN: 10-27-307-129-1043