NOT LISTED FOR SALE

8521 Lotus Ave Unit 702 Skokie, IL 60077

Southwest Skokie Neighborhood

Estimated Value: $168,000 - $191,000

2 Beds
1 Bath
860 Sq Ft
$207/Sq Ft Est. Value

Highlights

  • Resident Manager or Management On Site
  • Madison Elementary School Rated A-
  • Combination Dining and Living Room

About This Home

As of October 2021

Prepare to be impressed with this beautifully remodeled 2 bedroom apartment. The home features hardwood floors throughout, cherry cabinets, SS Whirlpool appliances, black galaxy granite in the kitchen and on the island. Bathroom has been tastefully remodeled with high end vanity & soaking tub w/ air jets. Storage space included and one assigned parking spot. Close to Old Orchard mall, Oakton Community College, Parks & Transportation.

Last Agent to Rent the Property

Laura Tibu

HomeSmart Connect LLC License #475177573 Listed on: 10/18/2021

HomeSmart Connect LLC

Last Renter's Agent

Juan Cerda

Village Realty Inc License #475152060

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,318

Year Built

  • 1956

Lot Details

  • 1.1

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 36 Units
  • Glen Tomlinson Association, Phone Number (773) 363-6200
  • Low-Rise Condominium
  • Property managed by Glen

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,318

Year Built

1956

Lot Details

0

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1375
  • Is Parking Included in Price: Yes
  • Available Date: 2021-11-01

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub Type: Attached
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Gross Point Rd west to Lincoln and north on Lotus
  • Lot Size: COMMON
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Has Basement: None
  • 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
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Storage
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window/Wall Units - 3+
  • Heating: Electric
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Management Company: Glen
  • Management Contact Name: Glen Tomlinson
  • Management Phone: 773-363-6200
  • Amenities: Coin Laundry, Elevator(s), Storage
  • Pets Allowed: No
  • HOA Rent Includes: Gas, Heat, Water, Parking, Scavenger, Lawn Care, Snow Removal

Schools

  • Junior High Dist: 219
  • Middle Or Junior School: Lincoln Junior High School

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2007
Sold by
Citimortgage Inc
Bought by
Iovescu Samuel and Iovescu Anca
Current Estimated Value
$178,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$68,649
Interest Rate
6.47%
Mortgage Type
Seller Take Back
Estimated Equity
$109,463

Purchase Details

Closed on
Mar 23, 2007
Sold by
Lee Dong K
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 28, 2004
Sold by
Fayyaz Azhar
Bought by
Lee Dong K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 2002
Sold by
Varshavsky Leo and Varshavsky Tatyana
Bought by
Fayyaz Azhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.87%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Varshavskiy Leonid
Bought by
Varshavsky Leo and Varshavsky Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Lehew Noble and Lehew Margaret
Bought by
Varshavskiy Leonid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Interest Rate
8%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Iovescu Samuel $135,000 First American Title
Citimortgage Inc -- None Available
Lee Dong K $145,000 Residential Title Services
Fayyaz Azhar $148,000 --
Varshavsky Leo -- World Title
Varshavskiy Leonid $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iovescu Samuel $108,000
Previous Owner Lee Dong K $123,000
Previous Owner Fayyaz Azhar $103,200
Previous Owner Varshavsky Leo $98,000
Previous Owner Varshavskiy Leonid $82,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2021 10/30/21 Rented -- -- --
10/18/2021 10/18/21 For Rent $1,375 -- --
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 $2,318 $10,750 $1,334 $9,416
2023 $2,285 $10,750 $1,334 $9,416
2022 $2,285 $10,750 $1,334 $9,416
2021 $2,028 $8,931 $821 $8,110
2020 $2,096 $8,931 $821 $8,110
2019 $2,742 $11,958 $821 $11,137
2018 $1,743 $8,304 $744 $7,560
2017 $1,772 $8,304 $744 $7,560
2016 $1,968 $8,304 $744 $7,560
2015 $1,252 $6,128 $641 $5,487
2014 $1,243 $6,128 $641 $5,487
2013 $1,642 $7,272 $641 $6,631
Source: Public Records

Agents Affiliated with this Home

  • Laura Tibu

    Landlord's Agent in 2021

    Laura Tibu

    The McDonald Group

    (773) 255-4828

    7 in this area

    99 Total Sales

    Laura Tibu
    Section Image

  • J

    Tenant's Agent in 2021

    Juan Cerda

    Village Realty Inc

    (708) 342-1212

    4 Total Sales

    Juan Cerda
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11248889

Midwest Real Estate Data (MRED)

APN: 10-21-119-099-1002

Illinois Cook County Skokie 60077 Southwest Skokie

8521 Lotus Ave Unit 702, Skokie, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes