NOT LISTED FOR SALE

8545 Arnold Ave Unit 1NE River Grove, IL 60171

Estimated Value: $98,000 - $139,000

1 Bed
1 Bath
-- Sq Ft
0.26 Acres

Last Sold February 04, 2020

Last sale price $56,660

Est. 99% increase in value since last sale

Current estimated payment $759/month

Highlights

  • Formal Dining Room
  • 3-minute walk to River Grove Station
  • Baseboard Heating
  • River Grove School Rated 9+
  • Living Room
  • Heating System Uses Steam

About This Home

As of June 2022

GREAT RIVER GROVE LOCATION WITHIN WALKING DISTANCE TO THE TRAIN! UNIT HAS BEEN RENCENTLY UPDATED WHICH INCLUDED A NEW KITCHEN, NEW BATH, NEW FLOORS AND MORE. GROUND FLOOR UNIT IS READY FOR ASAP MOVE IN. 1 OUTDOOR PARKING SPACE INCLUDED. CATS OK, NO DOGS. EVERY OCCUPANT OVER 18 MUST SUBMIT AN APPLICATION. COIN LAUNDRY IN THE BUILDING.

Last Agent to Rent the Property

Jeffrey Steinberg

Beaulieu Real Estate License #475141763 Listed on: 06/07/2022

Co-Listed By

Logan Madsen

Beaulieu Real Estate License #475155772

Last Renter's Agent

Sonia Navarro

Realty of America, LLC License #475198796

Realty of America, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,003

Year Built

  • Built in 1970 | Remodeled in 2022

Lot Details

  • 0.26

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • River Grove Elementary School

Utilities

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

Listing and Financial Details

  • Property Available on 6/7/22
  • Rent includes gas, heat, water, parking

Community Details

Pet Policy

  • Cats Allowed

Additional Features

  • 11 Units
  • Coin Laundry

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,003

Year Built

Built in 1970 | Remodeled in 2022

Lot Details

0

Rental Info

  • Available Date: 2022-06-07
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1215
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK
  • Association Amenities: Coin Laundry
  • Rent Includes: Gas, Heat, Water, Parking

Schools

  • Elementary School: River Grove Elementary School

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 15, 2020
Sold by
Towd Point Mortgage Trust
Bought by
So Holdings Llc Series Xi
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Jeffrey Steinberg
Beaulieu Real Estate
List Price
$79,900
Sold Price
$56,660
Premium/Discount to List
-$23,240
-29.09%
Current Estimated Value
$112,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,007
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
Jul 11, 2019
Sold by
Ranieri Timothy R
Bought by
Us Bank National Association and Towd Point Mortgage Trust

Purchase Details

Closed on
Nov 27, 2000
Sold by
Lalumandiere Lisa
Bought by
Ranieri Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
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
So Holdings Llc Series Xi $57,000 Fidelity National Title
Us Bank National Association -- None Available
Ranieri Richard $78,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranieri Richard $69,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Rented $1,215 0.0% --
06/24/2022 06/24/22 Under Contract -- -- --
06/20/2022 06/20/22 For Rent $1,215 0.0% --
06/16/2022 06/16/22 Under Contract -- -- --
06/07/2022 06/07/22 For Rent $1,215 0.0% --
02/04/2020 02/04/20 Sold $56,660 -5.4% $71 / Sq Ft View Prior Sale
01/07/2020 01/07/20 Pending -- -- --
12/18/2019 12/18/19 Price Changed $59,900 -14.3% $75 / Sq Ft
11/19/2019 11/19/19 Price Changed $69,900 -12.5% $87 / Sq Ft
10/21/2019 10/21/19 For Sale $79,900 -- $100 / 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 $2,003 $6,197 $991 $5,206
2023 $1,964 $6,197 $991 $5,206
2022 $1,964 $6,197 $991 $5,206
2021 $2,417 $6,429 $707 $5,722
2020 $2,296 $6,429 $707 $5,722
2019 $2,520 $8,036 $707 $7,329
2018 $3,212 $9,261 $613 $8,648
2017 $3,174 $9,261 $613 $8,648
2016 $753 $9,261 $613 $8,648
2015 $843 $7,119 $542 $6,577
2014 $817 $7,119 $542 $6,577
2013 $803 $7,119 $542 $6,577
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Jeffrey Steinberg

    Beaulieu Real Estate

    (773) 853-2006

    1 in this area

    73 Total Sales

    Jeffrey Steinberg
    Section Image

  • L

    Landlord's Co-Listing Agent in 2022

    Logan Madsen

    Beaulieu Real Estate

    (773) 853-2396

    61 Total Sales

    Logan Madsen
    Section Image
  • Sonia Navarro

    Tenant's Agent in 2022

    Sonia Navarro

    Realty of America, LLC

    (708) 288-6621

    5 Total Sales

    Sonia Navarro
    Section Image
  • Michael Olszewski

    Seller's Agent in 2020

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    581 Total Sales

    Michael Olszewski
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11427341

Midwest Real Estate Data (MRED)

APN: 12-26-103-030-1003

Illinois Cook County River Grove 60171

8545 Arnold Ave Unit 1NE, River Grove, IL

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