NOT LISTED FOR SALE

7450 Lincoln Ave Unit 605 Skokie, IL 60076

Southeast Skokie Neighborhood

Estimated Value: $221,008 - $241,000

1 Bed
1 Bath
979 Sq Ft
$390/mo HOA Fee

Last Sold March 29, 2024

Last sale price $220,000 $225 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,878/month

40 Days on Market

Highlights

  • Heated Floors
  • Balcony
  • Walk-In Closet
  • Fairview South Elementary School Rated A
  • 1 Car Attached Garage
  • Resident Manager or Management On Site

About This Home

As of March 2024

Fantastic move in ready 1bedroom condominium in the Lincoln Ridge community in Skokie! The open floor plan is very spacious with the eat-in kitchen overlooking the living space. Laminate wood flooring throughout.. Appliances are less than 5 yrs. old. Walk in closet in the primary bedroom and radiant floor heating. Laundry room with full size washer and dryer. New Anderson windows and patio doors. Roof/2019.Large balcony off the living room to enjoy the weather. Heated indoor garage parking and storage. Ample out door visitor parking. Building is pet friendly and has an on site engineer. Well managed building!

Last Agent to Sell the Property

Mary Lou Scinto Allen

Coldwell Banker Realty License #475134896 Listed on: 01/10/2024

Coldwell Banker Realty

Last Buyer's Agent

Michael Hogg

Compass License #471006860

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 2000

Lot Details

  • 0.63

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 979 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Fairview South Elementary School
  • Niles West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Kathleen Markland Association, Phone Number (847) 490-3833
  • Mid-Rise Condominium
  • Lincoln Ridge Subdivision, 1 Bedroom W/Washer Dryer Floorplan
  • Property managed by Associa Chicagoland
  • 6-Story Property

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Resident Manager or Management On Site
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,200

Year Built

Built in 2000

Lot Details

0

HOA Fees

$390 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Subdivision Name: Lincoln Ridge
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 979
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 225000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 390
  • Association Amenities: Elevator(s), On Site Manager/Engineer
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Kathleen Markland
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Fairview South Elementary School
  • High School: Niles West High School
  • Middle/Junior School: Fairview South Elementary School
  • Middle/Junior School District: 72

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 3200.45
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Mar 7, 2024
Sold by
Tresnak Joseph
Bought by
Moten Sherwood K
Seller's Agent
Mary Lou Scinto Allen
Coldwell Banker Realty
Buyer's Agent
Michael Hogg
Compass
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Total Days on Market
40
Views
195
Current Estimated Value
$230,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,002
Avg. Annual Appreciation
3.84%
Original Mortgage
$198,000
Outstanding Balance
$195,742
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$34,260

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 11, 2019
Sold by
Luk Melodie S
Bought by
Tresnak Joseph
Seller's Agent
James Luk
Eight Corners Realty Inc
Buyer's Agent
Samantha Soballe
NB ELITE REALTY LLC
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$148,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Potirala Jeremy
Bought by
Luk Melodie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 20, 2000
Sold by
Lincoln Ridge North Condominiums Llc
Bought by
Potiral Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.83%
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
Moten Sherwood K $220,000 First American Title
Tresnak Joseph $165,000 None Available
Luk Melodie S $215,000 Multiple
Potiral Jeremy $151,500 --
Lincoln Ridge North Condominiums Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moten Sherwood K $198,000
Previous Owner Tresnak Joseph $148,500
Previous Owner Luk Melodie S $153,000
Previous Owner Luk Melodie S $32,250
Previous Owner Luk Melodie S $172,000
Previous Owner Potirala Jeremy $50,000
Previous Owner Potirala Jeremy $25,000
Previous Owner Potirala Jeremy $121,000
Previous Owner Potiral Jeremy $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $220,000 -2.2% $225 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $225,000 -2.2% $230 / Sq Ft
01/10/2024 01/10/24 For Sale $230,000 +39.4% $235 / Sq Ft
07/12/2019 07/12/19 Sold $165,000 -2.4% $169 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $169,000 -- $173 / 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 $3,200 $17,367 $468 $16,899
2023 $3,200 $17,367 $468 $16,899
2022 $3,200 $17,367 $468 $16,899
2021 $3,735 $14,399 $334 $14,065
2020 $3,568 $14,399 $334 $14,065
2019 $2,870 $16,066 $334 $15,732
2018 $2,194 $12,118 $292 $11,826
2017 $2,230 $12,118 $292 $11,826
2016 $2,330 $12,118 $292 $11,826
2015 $1,896 $9,886 $250 $9,636
2014 $1,846 $9,886 $250 $9,636
2013 $1,860 $9,886 $250 $9,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11956943

Midwest Real Estate Data (MRED)

APN: 10-27-307-129-1053