NOT LISTED FOR SALE

7450 Lincoln Ave Unit 604 Skokie, IL 60076

Southeast Skokie Neighborhood

Estimated Value: $346,000 - $397,530

3 Beds
2 Baths
1,800 Sq Ft
$564/mo HOA Fee

Last Sold December 15, 2021

Last sale price $280,000 $156 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,166/month

28 Days on Market

Highlights

  • Penthouse
  • Attached Garage
  • Heated Garage
  • Fairview South Elementary School Rated A
  • Senior Tax Exemptions

About This Home

As of December 2021

Palatial 1,800sf three-bedroom, two-bathroom home boasting sunny northeastern corner exposures, open floorplan with virtually no wasted space, and large private terrace. A formal foyer leads to the huge living room with access to the large and private terrace. Off to the side is the adjoining separate dining room. The spacious eat-in kitchen is flooded with light through the large window atop the sink and features a pantry and pass-thru to the dining room. Remove the wall and add a huge island with additional seating! The primary en suite bedroom easily accommodates a king size bed and a seating area. While the bathroom offers a double vanity, large tub and separate shower. A huge walk-in closet awaits your customization. The second bedroom also accommodates a king bed and the third a queen. Large bona fide in-unit side-by-side laundry room with plenty of additional storage. Dedicated, heated garage parking space included in the price. Abundant guest parking. Separate and private locked storage. Video monitored entry system. Freshly painted throughout. On-site engineer Monday thru Friday. Conveniently located in close proximity to public transportation, shopping, parks and fine dining! Sold as-is and priced accordingly for new owner to make their personal updates.

Last Agent to Sell the Property

Todd Szwajkowski

Baird & Warner License #471010496 Listed on: 10/12/2021

Baird & Warner

Last Buyer's Agent

Patrick Alvarez

Jameson Sotheby's International Realty License #471003164

Jameson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,750

Year Built

  • 2000

Lot Details

  • 0.63

HOA Fees

  • $564 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,750

Year Built

2000

Lot Details

0

HOA Fees

$564 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Mid Rise (4-6 Stories),Penthouse
  • Property Sub Type: Condo,Mid Rise (4-6 Stories),Penthouse
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • Directions: West side of Lincoln one block south of Howard
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Lincoln Ridge
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Separate Dining Room
  • Dining Room Type: Balcony/Porch/Lanai, Foyer
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, Storms/Screens
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Management: Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Jennifer Meyer
  • Management Phone: 847-459-0000
  • Amenities: Elevator(s), Storage
  • Association Fee: 564
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit

Fee Information

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

Schools

  • Junior High Dist: 219

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Units in Building: 60

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 2328.24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 9, 2021
Sold by
Morcos Carmen and Morcos Omar
Bought by
Peterson James P and Proevenzano Arelo
Seller's Agent
Todd Szwajkowski
Baird & Warner
Buyer's Agent
Patrick Alvarez
Jameson Sotheby's International Realty
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Current Estimated Value
$374,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,133
Avg. Annual Appreciation
7.35%
Original Mortgage
$190,000
Outstanding Balance
$176,555
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$186,968

Purchase Details

Closed on
Dec 22, 2000
Sold by
Lincoln Ridge North Condominiums Llc
Bought by
Morcos Arlette
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
Peterson James P $280,000 Truly Title Inc
Morcos Arlette $263,500 --
Lincoln Ridge North Condominiums Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson James P $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $280,000 -3.4% $156 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $289,900 -- $161 / 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 $6,750 $31,862 $858 $31,004
2023 $6,527 $31,862 $858 $31,004
2022 $6,527 $31,862 $858 $31,004
2021 $6,853 $26,418 $613 $25,805
2020 $2,328 $26,418 $613 $25,805
2019 $5,293 $29,478 $613 $28,865
2018 $4,056 $22,235 $536 $21,699
2017 $2,608 $22,235 $536 $21,699
2016 $4,348 $22,235 $536 $21,699
2015 $3,562 $18,139 $459 $17,680
2014 $3,360 $18,139 $459 $17,680
2013 $3,494 $18,139 $459 $17,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11244554

Midwest Real Estate Data (MRED)

APN: 10-27-307-129-1052