NOT LISTED FOR SALE

8540 W Foster Ave Unit 506 Norridge, IL 60706

Estimated Value: $292,000 - $328,000

2 Beds
2 Baths
1,350 Sq Ft
$384/mo HOA Fee

Last Sold December 03, 2021

Last sale price $225,000 $167 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,412/month

46 Days on Market

Highlights

  • Attached Garage
  • Maine South High School Rated A
  • Heated Garage

About This Home

As of December 2021

Best location and one of the largest models in the building! Meticulously maintained, move in ready, freshly painted and new flooring just installed. This unit boasts a huge living and dining room open floor plan, connected seamlessly with an oversized kitchen with plenty of counter space, cabinets, stainless steel appliances and an eating area. The large windows flood the living room with natural light and the double patio doors lead to the spacious balcony facing east so you can take a glimpse of the skyline on a clear day! Large Master bedroom with walk-in closet and master bath that has a whirlpool tub and separate walk-in shower. There are many closets throughout, plus a storage space on the main level. In unit laundry with newer washer and dryer. Heated underground garage on lower level. Party room available on the first floor. Superb location close to blue line trains, expressways and in the sought after school districts of Pennoyer Elementary and Main South HS! Association fee includes all utilities, except electric. There is radiant heat in the flooring and an additional forced air heating unit. This condo is just amazing, in a superior location and a very well maintained building! Welcome home!

Last Agent to Sell the Property

Mihaela Chiderov

Mkey Realty Corp License #471021049 Listed on: 09/22/2021

Last Buyer's Agent

Ruby Castelar

Real Broker LLC License #471014224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,002

Year Built

  • 1996

Lot Details

  • 1.13

HOA Fees

  • $384 per month

Parking

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

Home Design

  • 1,350 Sq Ft Home
  • Brick Exterior Construction

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 60 Units
  • Tom Dase Association, Phone Number (708) 453-3645
  • Property managed by Cascades of Norridge

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,002

Year Built

1996

Lot Details

0

HOA Fees

$384 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Directions: from 90, go south on Cumberland, West on Foster, 1st building on the right after the school
  • Lot Size: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 1350
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1350
  • Total Sq Ft: 1350
  • Lower Level Sq Ft: 1350
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Lobby
  • Dining Room Type: Storage, Balcony/Porch/Lanai
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Unassigned
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cascades of Norridge
  • Management Contact Name: Tom Dase
  • Management Phone: 708-453-3645
  • Association Fee: 384
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Schools

  • Elementary School: Pennoyer Elementary School
  • High School: Maine South High School
  • Junior High Dist: 207

Lot Info

  • Special Assessments: N

Rental Info

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

Multi Family

  • Units in Building: 60

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3590.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 22, 2021
Sold by
Glezev Aleksandar K and Glezev Dimitrina
Bought by
Milosevic Branimirka
Seller's Agent
Mihaela Chiderov
Mkey Realty Corp
Buyer's Agent
Ruby Castelar
Real Broker LLC
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Current Estimated Value
$304,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,020
Avg. Annual Appreciation
8.09%
Original Mortgage
$112,500
Outstanding Balance
$103,454
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$200,566

Purchase Details

Closed on
Mar 16, 2016
Sold by
Glezev Aleksandar K and Glezev Dimitrina
Bought by
Glezev Aleksandar K and Glezev Dimitrina

Purchase Details

Closed on
Jun 18, 2009
Sold by
Chorkavy Maria
Bought by
Glezev Aleksandar K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,950
Interest Rate
5.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2006
Sold by
Yanku Patricia M
Bought by
Chorkavy Peter and Chorkavy Maria
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
Milosevic Branimirka $225,000 Citywide Title Corporation
Glezev Aleksandar K -- None Available
Glezev Aleksandar K $195,500 Atg
Chorkavy Peter $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milosevic Branimirka $112,500
Previous Owner Glezev Aleksandar K $175,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $225,000 -5.9% $167 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $239,000 -- $177 / 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 $5,002 $22,507 $1,086 $21,421
2023 $4,624 $22,507 $1,086 $21,421
2022 $4,624 $22,507 $1,086 $21,421
2021 $3,692 $16,732 $793 $15,939
2020 $3,650 $16,732 $793 $15,939
2019 $3,590 $18,626 $793 $17,833
2018 $3,007 $14,944 $689 $14,255
2017 $2,948 $14,944 $689 $14,255
2016 $2,981 $14,944 $689 $14,255
2015 $2,444 $12,091 $626 $11,465
2014 $2,413 $12,091 $626 $11,465
2013 $2,337 $12,091 $626 $11,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11226568

Midwest Real Estate Data (MRED)

APN: 12-11-102-111-1036