NOT LISTED FOR SALE

8580 W Foster Ave Unit 505 Norridge, IL 60706

Estimated Value: $275,000 - $288,000

2 Beds
2 Baths
-- Sq Ft
$360/mo HOA Fee

Last Sold December 08, 2023

Last sale price $240,000

Est. 17% increase in value since last sale

Current estimated payment $2,381/month

20 Days on Market

Highlights

  • Whirlpool Bathtub
  • Party Room
  • Balcony
  • Maine South High School Rated A
  • Elevator
  • 1 Car Attached Garage

About This Home

As of December 2023

Cascades of Norridge. Priced to sell! Beautiful 2 bed & 2 bath condo with in-unit Washer & Dryer and Heated Garage Parking space included. Features wood laminate floors throughout. 30 ft long Living/Dining Rm combo. Large eat-in kitchen with breakfast area/ table space. Master bedroom suite with walk-in closet. Master bathroom has a whirlpool tub and separate shower. 2nd bedroom with French doors and sliding door to balcony. Oversize 22 ft long balcony with 2 sliding doors. In-unit full size washer & dryer. Garage parking space# P-35 (lower level). Storage #49 (in garage/ lobby level). Guest parking in rear. Excellent location! Easy access to I-90/94/294, CTA Blue line, O'Hare, Rosemont, shopping, restaurants. Pennoyer Elementary School just around the corner. Maine South High School District (Park Ridge). HOA $360 per month includes heat, cooking gas and hot/cold water. New elevators coming soon/ already paid for. No special assessments. No rentals. No pets. Call for a showing today!

Last Listed By

Michael Sorensen

Chicagoland Brokers, Inc. License #475114997 Listed on: 10/12/2023

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1994

Lot Details

  • 1.04

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Pennoyer Elementary School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Customer Service Association, Phone Number (773) 848-8174
  • Cascades Of Norridge Subdivision
  • Property managed by Cascades of Norridge
  • 7-Story Property

Amenities

  • Party Room
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,048

Year Built

Built in 1994

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Cascades of Norridge
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 249900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 360
  • Association Amenities: Elevator(s), Storage, Party Room
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cascades of Norridge
  • Management Contact Name: Customer Service
  • Management Phone: 773-848-8174
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Pennoyer Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Pennoyer Elementary School
  • Middle/Junior School District: 79

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4048.21
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 8, 2023
Sold by
Esposito Joseph J and Esposito Vanessa
Bought by
Pula Arnold and Pula Lefteria
Seller's Agent
Michael Sorensen
Chicagoland Brokers, Inc.
Buyer's Agent
Pavlo Diatkovych
KOLO PROPERTIES LLC
List Price
$254,900
Sold Price
$240,000
Premium/Discount to List
-$14,900
-5.85%
Total Days on Market
20
Views
268
Current Estimated Value
$281,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,062
Avg. Annual Appreciation
11.03%
Original Mortgage
$216,000
Outstanding Balance
$213,365
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$66,529

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 11, 2021
Sold by
Shenoo Dominika Zofia
Bought by
Esposito Bert J
Seller's Agent
Dan Kieres
Northwest Real Estate Group
Buyer's Agent
Michael Sorensen
Chicagoland Brokers, Inc.
List Price
$219,999
Sold Price
$205,000
Premium/Discount to List
-$14,999
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 22, 2015
Sold by
Giannas Nicholas J and Duchnowski Joanna
Bought by
Shenoo Dominika Zofia
Seller's Agent
Ricardo Braglia
River Elm Properties
Buyer's Agent
Debra Braglia
Caporale Realty Group
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$200,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2008
Sold by
Chicago Title Land Trust Company
Bought by
Giannas Nicholas J and Duchnowski Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.48%
Mortgage Type
Unknown

Range of Values:

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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
Pula Arnold $240,000 None Listed On Document
Esposito Bert J $205,000 Chicago Title
Shenoo Dominika Zofia $215,000 Prairie Title
Giannas Nicholas J $226,500 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pula Arnold $216,000
Previous Owner Shenoo Dominika Zofia $200,000
Previous Owner Giannas Nicholas J $121,000
Previous Owner Giannas Nicholas J $126,500
Previous Owner Giannas Nicholas J $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $240,000 -4.0% --
11/02/2023 11/02/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $249,900 -2.0% --
10/12/2023 10/12/23 For Sale $254,900 +24.3% --
01/13/2021 01/13/21 Sold $205,000 -4.7% $168 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/11/2020 12/11/20 Price Changed $215,000 -1.1% $176 / Sq Ft
11/16/2020 11/16/20 Price Changed $217,500 -1.1% $178 / Sq Ft
11/02/2020 11/02/20 For Sale $219,999 +2.3% $180 / Sq Ft
10/22/2015 10/22/15 Sold $215,000 -4.4% $143 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $225,000 -- $150 / 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 $5,377 $22,199 $1,004 $21,195
2023 $5,377 $22,199 $1,004 $21,195
2022 $5,377 $22,199 $1,004 $21,195
2021 $4,048 $18,026 $733 $17,293
2020 $3,997 $18,026 $733 $17,293
2019 $3,931 $20,067 $733 $19,334
2018 $3,904 $18,378 $636 $17,742
2017 $3,823 $18,378 $636 $17,742
2016 $3,804 $18,378 $636 $17,742
2015 $3,279 $15,328 $579 $14,749
2014 $3,233 $15,328 $579 $14,749
2013 $3,653 $17,419 $579 $16,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11906945

Midwest Real Estate Data (MRED)

APN: 12-11-102-113-1035