NOT LISTED FOR SALE

7540 N Ridge Blvd Unit 6H Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $130,000 - $180,859

2 Beds
1.5 Baths
1,150 Sq Ft
$321/mo HOA Fee

Last Sold May 28, 2024

Last sale price $123,000 $107 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,366/month

223 Days on Market

About This Home

As of May 2024

Top floor 2 bedroom , 1.1 bath unit in elevator building. Modern baths. Kitchen with granite counters and stainless steel appliances. Located at the north end of the city of Chicago with easy access to shops, red line and Metra. Outside parking available on waiting list for $30/month. Rental cap has been reached.

Last Agent to Sell the Property

David Williamson

Choice Realty Group Inc. License #471010481 Listed on: 09/24/2023

Last Buyer's Agent

Cameron Rehder

Baird & Warner License #475185249

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1971

Lot Details

  • 0.38

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • 1,150 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, snow removal
  • 40 Units
  • Pamela Association, Phone Number (773) 545-6160
  • Property managed by Hallmark &Johnson
  • 6-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,341

Year Built

Built in 1971

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1150
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 129900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hallmark &Johnson
  • Management Contact Name: Pamela
  • Management Phone: 773-545-6160
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2341
  • Tax Year: 2021

Multi Family

  • Units in Building: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
May 24, 2024
Sold by
Lemma Mulat S
Bought by
Gass Steven
Seller's Agent
David Williamson
Choice Realty Group Inc.
Buyer's Agent
Cameron Rehder
Baird & Warner
List Price
$134,750
Sold Price
$123,000
Premium/Discount to List
-$11,750
-8.72%
Views
778
Current Estimated Value
$155,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,465
Avg. Annual Appreciation
20.25%
Original Mortgage
$98,400
Outstanding Balance
$97,200
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$58,265

Purchase Details

Listed on
Jul 27, 2016
Closed on
Dec 15, 2016
Sold by
Danish Properties Llc
Bought by
Lemma Mulat S
Seller's Agent
Mark Ahmad
Century 21 Circle
Buyer's Agent
Girmai Gebremicael
Haderlein & Co. Realtors
List Price
$83,000
Sold Price
$73,000
Premium/Discount to List
-$10,000
-12.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Feb 20, 2016
Closed on
Jul 14, 2016
Sold by
Balde Al
Bought by
Danish Properties Llc
Seller's Agent
Mark Ahmad
Century 21 Circle
Buyer's Agent
Mark Ahmad
Century 21 Circle
List Price
$75,000
Sold Price
$64,500
Premium/Discount to List
-$10,500
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.28%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Russell Andrea M and Russell Sybil J
Bought by
Balde Al

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2006
Sold by
Russell Winston A and Russell Sybil J
Bought by
Russell Winston A and Russell Sybil J

Purchase Details

Closed on
Jul 25, 1997
Sold by
Deblake Patricia M
Bought by
Russell Winston A and Russell Sybil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,950
Interest Rate
7.68%
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
Gass Steven $123,000 Chicago Title
Lemma Mulat S $73,000 Attorney
Danish Properties Llc $64,500 North American Title
Balde Al $33,000 Chicago Title Insurance Co
Russell Winston A -- None Available
Russell Winston A $68,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gass Steven $98,400
Previous Owner Balde Al $20,000
Previous Owner Russell Andrea M $110,500
Previous Owner Russell Winston A $100,000
Previous Owner Russell Winston A $65,950
Closed Russell Winston A $3,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $123,000 -5.3% $107 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $129,900 -2.7% $113 / Sq Ft
04/14/2024 04/14/24 Price Changed $133,500 -0.3% $116 / Sq Ft
04/05/2024 04/05/24 Price Changed $133,900 -0.3% $116 / Sq Ft
03/28/2024 03/28/24 Price Changed $134,250 -0.2% $117 / Sq Ft
03/18/2024 03/18/24 Price Changed $134,500 -0.2% $117 / Sq Ft
02/29/2024 02/29/24 For Sale $134,750 0.0% $117 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $134,750 -0.1% $117 / Sq Ft
02/01/2024 02/01/24 For Sale $134,900 +9.7% $117 / Sq Ft
01/31/2024 01/31/24 Off Market $123,000 -- --
01/24/2024 01/24/24 Price Changed $134,900 -1.7% $117 / Sq Ft
01/17/2024 01/17/24 For Sale $137,250 +11.6% $119 / Sq Ft
12/31/2023 12/31/23 Off Market $123,000 -- --
12/12/2023 12/12/23 Price Changed $137,250 -0.2% $119 / Sq Ft
12/03/2023 12/03/23 Price Changed $137,500 -0.3% $120 / Sq Ft
11/25/2023 11/25/23 Price Changed $137,900 -0.4% $120 / Sq Ft
11/15/2023 11/15/23 Price Changed $138,500 -0.4% $120 / Sq Ft
11/08/2023 11/08/23 Price Changed $139,000 -0.4% $121 / Sq Ft
10/31/2023 10/31/23 Price Changed $139,500 -0.2% $121 / Sq Ft
10/25/2023 10/25/23 Price Changed $139,750 -0.1% $122 / Sq Ft
10/19/2023 10/19/23 Price Changed $139,900 -3.5% $122 / Sq Ft
10/10/2023 10/10/23 Price Changed $144,900 -14.3% $126 / Sq Ft
09/24/2023 09/24/23 For Sale $169,000 +131.5% $147 / Sq Ft
12/15/2016 12/15/16 Sold $73,000 -7.6% $66 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
09/01/2016 09/01/16 Price Changed $79,000 -4.8% $72 / Sq Ft
07/27/2016 07/27/16 For Sale $83,000 +28.7% $75 / Sq Ft
07/14/2016 07/14/16 Sold $64,500 -14.0% $59 / Sq Ft
06/02/2016 06/02/16 For Sale $75,000 0.0% $68 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/03/2016 05/03/16 Price Changed $75,000 -6.1% $68 / Sq Ft
04/25/2016 04/25/16 For Sale $79,900 +23.9% $73 / Sq Ft
03/26/2016 03/26/16 Off Market $64,500 -- --
03/15/2016 03/15/16 For Sale $79,900 +23.9% $73 / Sq Ft
02/26/2016 02/26/16 Off Market $64,500 -- --
02/20/2016 02/20/16 For Sale $79,900 -- $73 / 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 $2,456 $12,570 $1,197 $11,373
2023 $2,394 $11,641 $957 $10,684
2022 $2,394 $11,641 $957 $10,684
2021 $2,341 $11,641 $957 $10,684
2020 $2,443 $10,966 $904 $10,062
2019 $2,444 $12,164 $904 $11,260
2018 $2,403 $12,164 $904 $11,260
2017 $1,817 $8,441 $797 $7,644
2016 $1,691 $8,441 $797 $7,644
2015 $1,653 $9,020 $797 $8,223
2014 $3,044 $16,404 $718 $15,686
2013 $2,983 $16,404 $718 $15,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11892988

Midwest Real Estate Data (MRED)

APN: 11-30-307-212-1040