$140,000
SOLD DEC 31, 2024

7956 Madison St Unit 2E River Forest, IL 60305

1 Bed
1 Bath
730 Sq Ft
$246/mo HOA Fee

Recently Sold

$192 Per Sq Ft

3% Below List Price

36 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Laundry Room
  • Lincoln Elementary School Rated A
  • Intercom
  • Storage

About This Home

As of December 2024

Spacious 1 bed condo featuring hardwood floors throughout. Large sunny living room combined with dining area and a nice breakfast bar. New toilet and kitchen faucet installed. Unit is super clean, full appliances with large living room with dining area. King size bedroom with his/hers closet. Heat, water, & parking included. Well maintained building with Parking space #4. Convenient laundry & storage in building. Walk to Metra or Blue line. Close to hospital, dining, and more. Taxes do not reflect HO exemption. Make this your first home or a rental. Plenty of opportunities. Make appointment today!

Last Agent to Sell the Property

Sherry Apollo

xr realty License #475135359 Listed on: 10/21/2024

Last Buyer's Agent

Lisa Keating

Century 21 Circle License #471001219

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 1968

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 730 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Partially Finished Basement
  • Partial Basement
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • On Site Association
  • Low-Rise Condominium
  • Lock-and-Leave Community

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,307

Year Built

Built in 1968

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 730
  • Other Equipment: Intercom
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 246
  • Association Amenities: Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: On Site
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3307
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Caragher Peter
Bought by
Chang Sokchhoeun
Current Estimated Value
$149,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1998
Sold by
Continental Community Bank & Trust Co
Bought by
Caragher Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,250
Interest Rate
7.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Trustee Deed $66,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,000 New Conventional
Previous Owner $49,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $140,000 0.0% $192 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/22/2024 11/22/24 Off Market $140,000 -- --
10/21/2024 10/21/24 For Sale $144,900 0.0% $198 / Sq Ft
09/04/2021 09/04/21 Rented -- -- --
08/27/2021 08/27/21 Under Contract -- -- --
08/27/2021 08/27/21 For Rent $1,200 +14.3% --
10/20/2020 10/20/20 Rented $1,050 0.0% --
10/11/2020 10/11/20 Under Contract -- -- --
10/11/2020 10/11/20 For Rent $1,050 0.0% --
10/11/2020 10/11/20 Price Changed $1,050 -12.1% $1 / Sq Ft
10/10/2020 10/10/20 Under Contract -- -- --
09/25/2020 09/25/20 Price Changed $1,195 -0.3% $2 / Sq Ft
09/20/2020 09/20/20 For Rent $1,199 -- --
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 $3,478 $12,706 $776 $11,930
2023 $3,307 $12,706 $776 $11,930
2022 $3,307 $10,243 $578 $9,665
2021 $3,185 $10,241 $577 $9,664
2020 $3,112 $10,241 $577 $9,664
2019 $3,125 $10,068 $523 $9,545
2018 $2,959 $10,068 $523 $9,545
2017 $2,948 $10,068 $523 $9,545
2016 $3,184 $9,897 $433 $9,464
2015 $3,128 $9,897 $433 $9,464
2014 $2,865 $9,897 $433 $9,464
2013 $2,657 $9,416 $433 $8,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12193119

Midwest Real Estate Data (MRED)

APN: 15-12-318-042-1009