NOT LISTED FOR SALE

7500 W Grand Ave Unit 3N Elmwood Park, IL 60707

Estimated Value: $295,000 - $359,000

2 Beds
2 Baths
1,500 Sq Ft
$325/mo HOA Fee

Last Sold October 28, 2020

Last sale price $225,000 $150 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,470/month

9 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Elmwood Park Station
  • Stainless Steel Appliances
  • Corner Lot
  • Home Office
  • 2-minute walk to Central Park

About This Home

As of October 2020

MOTIVATED SELLER! What's the #1 adage in real estate? LOCATION and this condo fits the bill. This penthouse condo is literally across the street from the Metra for your commute into the city and just steps to "The Circle" for a fun night out. This open concept condo, built in 2004, offers an expansive kitchen remodeled in 2012 with granite, stainless steel appliances and breakfast bar while overlooking the huge and sun drenched family room with 11ft. ceilings. It's hard to find a 2 bedroom condo that offers this much square footage. The extra space affords you huge bedrooms, a master bath with double sinks, separate soaking tub and shower, walk in closets, in unit laundry and another space great for a home office. The unit also includes a heated garage space for 1 car with additional storage behind. Don't miss out on this beauty!

Last Agent to Sell the Property

Katie Foss

Baird & Warner License #475156593 Listed on: 09/10/2020

Baird & Warner

Last Buyer's Agent

Ryan Gallen

Compass License #475186629

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,806

Year Built | Renovated

  • 2004 | 2012

Lot Details

  • 7,362

HOA Fees

  • $325 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,806

Year Built | Renovated

2004 | 2012

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2004
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 7X5, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1500
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 325
  • Management Contact Name: ANY
  • Management Phone: 708-456-9200

Fee Information

  • Management Company: River Elm Properties

Schools

  • School District: 401
  • Elementary School: John Mills Elementary School
  • Middle School: Elm Middle School
  • High School: Elmwood Park High School
  • Junior High Dist: 401

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 12254170371005

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 4364.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 20, 2020
Sold by
Kwiat Kenneth Paul
Bought by
Martorano Michael
Seller's Agent
Katie Foss
Baird & Warner
Buyer's Agent
Ryan Gallen
Compass
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Current Estimated Value
$312,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,107
Avg. Annual Appreciation
6.83%
Original Mortgage
$218,250
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2012
Closed on
Sep 6, 2012
Sold by
Byrne Michael P
Bought by
Kwiat Kenneth Paul
Seller's Agent
Katarzyna Jurak
Re/Max Millennium
Buyer's Agent
Deborah Murphy
@properties Christie?s International Real Estate
List Price
$155,000
Sold Price
$148,000
Premium/Discount to List
-$7,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$133,200
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Szewczyk Malgorzata H
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 24, 2005
Sold by
The Renato Group Llc
Bought by
Szewczyk Malgorzata H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Martorano Michael $225,000 First American Title
Kwiat Kenneth Paul $148,000 Chicago Title Land Trust Com
Federal Home Loan Mortgage Corp -- None Available
Szewczyk Malgorzata H $260,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martorano Michael $218,250
Previous Owner Kwiat Kenneth Paul $133,200
Previous Owner Szewczyk Malgorzata H $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $225,000 -1.7% $150 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $229,000 +54.7% $153 / Sq Ft
09/07/2012 09/07/12 Sold $148,000 -4.5% $93 / Sq Ft View Prior Sale
07/14/2012 07/14/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $155,000 -- $97 / 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 $5,806 $22,500 $1,989 $20,511
2023 $6,607 $22,500 $1,989 $20,511
2022 $6,607 $22,500 $1,989 $20,511
2021 $5,017 $13,357 $1,326 $12,031
2020 $4,847 $13,357 $1,326 $12,031
2019 $4,365 $14,966 $1,326 $13,640
2018 $5,069 $15,612 $1,142 $14,470
2017 $4,901 $15,612 $1,142 $14,470
2016 $4,420 $15,612 $1,142 $14,470
2015 $4,319 $13,900 $1,031 $12,869
2014 $4,208 $13,900 $1,031 $12,869
2013 $4,105 $13,900 $1,031 $12,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10853802

Midwest Real Estate Data (MRED)

APN: 12-25-417-037-1005