NOT LISTED FOR SALE

7509 Madison St Unit 4B Forest Park, IL 60130

Estimated Value: $251,000 - $274,000

2 Beds
2 Baths
-- Sq Ft
$175/mo HOA Fee

Last Sold March 07, 2012

Last sale price $120,000

Est. 117% increase in value since last sale

Current estimated payment $2,137/month

51 Days on Market

Highlights

  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Breakfast Bar
  • Wood Flooring
  • Balcony
  • Kitchen Island

About This Home

As of March 2012

**APPROVED SHORT SALE**CASH ONLY**PRE-FORECLOSURE FORCES QUICK SALE! CLOSE NOW! QUICK CLOSE!! SUBJECT TO 3RD PARTY APPROVAL, SOLD AS IS. LOFTY STYLE 2 BEDROOM 2 BATH WITH GREAT FINISHES! STAINLESS STEEL APPLIANCES, GRANITE KITCHEN, HARDWOOD FLOORS. HIGH VAULTED CEILINGS WITH TONS OF EXPOSED BRICK. GAS FIREPLACE, BALCONY FOR GRILLING & ENTERTAINING! 2 PARKING SPACES INCLUDED! PARK #33 & #39 OUTSIDE **CASH ONLY**

Last Agent to Sell the Property

Lauren Schuh-Dayton

Jameson Sotheby's Intl Realty License #471018537 Listed on: 09/20/2011

Last Buyer's Agent

Morgan Digre

RE/MAX In The Village License #475139698

RE/MAX In The Village

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,159

Lot Details

  • 0.51

HOA Fees

  • $175 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,159

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Type Attached: Condo-Loft
  • Unit Floor Level: 4
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X6, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 8X5, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley, Off Street
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 175
  • Assessment Includes: Water, Parking, Exterior Maintenance

Schools

  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2017
Sold by
Borcher Jeremy M and Borcher Jordan
Bought by
Borcher Jeremy M and Mertens Jordan
Current Estimated Value
$260,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$51,484
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$209,380

Purchase Details

Closed on
Jan 31, 2013
Sold by
Borcher Charles A and Borcher Jeremy
Bought by
Borcher Jeremy M and Borcher Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$74,522
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
$186,342

Purchase Details

Listed on
Sep 20, 2011
Closed on
Feb 29, 2012
Sold by
Fabbri Bryan and Selby William
Bought by
Borcher Charles A and Borcher Jeremy
Seller's Agent
Lauren Schuh-Dayton
Jameson Sotheby's Intl Realty
Buyer's Agent
Morgan Digre
RE/MAX In The Village
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Dec 22, 2005
Sold by
West Madison Investment Llc
Bought by
Selby William J and Fabbri Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Borcher Jeremy M -- Chicago Title
Borcher Jeremy M -- None Available
Borcher Charles A $124,000 Gmt
Selby William J $344,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borcher Jeremy M $60,000
Open Borcher Jeremy M $110,000
Previous Owner Selby William J $275,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2012 03/07/12 Sold $120,000 -3.9% --
11/10/2011 11/10/11 Pending -- -- --
09/20/2011 09/20/11 For Sale $124,900 -- --
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 $7,159 $23,835 $1,844 $21,991
2023 $5,850 $23,835 $1,844 $21,991
2022 $5,850 $16,324 $2,075 $14,249
2021 $5,557 $16,322 $2,074 $14,248
2020 $5,415 $16,322 $2,074 $14,248
2019 $6,096 $17,314 $1,890 $15,424
2018 $5,971 $17,314 $1,890 $15,424
2017 $5,840 $17,314 $1,890 $15,424
2016 $5,703 $15,914 $1,705 $14,209
2015 $5,614 $15,914 $1,705 $14,209
2014 $5,508 $15,914 $1,705 $14,209
2013 $7,473 $23,107 $1,705 $21,402
Source: Public Records

Agents Affiliated with this Home

  • Lauren Schuh-Dayton

    Seller's Agent in 2012

    Lauren Schuh-Dayton

    Jameson Sotheby's Intl Realty

    (312) 216-8000

    139 Total Sales

    Lauren Schuh-Dayton
    Section Image
  • Morgan Digre

    Buyer's Agent in 2012

    Morgan Digre

    RE/MAX

    (708) 370-1675

    6 in this area

    75 Total Sales

    Morgan Digre
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07907245

Midwest Real Estate Data (MRED)

APN: 15-12-431-071-1010

Illinois Cook County Forest Park 60130

7509 Madison St Unit 4B, Forest Park, IL

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