NOT LISTED FOR SALE

8695 W 111th St Unit 1A Palos Hills, IL 60465

Estimated Value: $243,359

2 Beds
2 Baths
1,100 Sq Ft
$300/mo HOA Fee

Last Sold October 28, 2022

Last sale price $195,000 $177 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,941/month

7 Days on Market

Highlights

  • Waterfront
  • Landscaped Professionally
  • 1 Car Detached Garage
  • Palos East Elementary School Rated A
  • Pond
  • Patio

About This Home

As of October 2022

Whether you are looking for your home or for an investment, this condo is for you! Located in the desirable Lakeview Condos, this 1st-floor waterfront unit has tons to offer! Within the last 7 years this unit has seen numerous updates including: new lighting throughout, indirect wall lighting, furnace, AC (2021), water tank, appliances, sliding glass door, flooring, plumbing fixtures, cast iron kitchen sink, garbage disposal, kitchen faucet, and kitchen cabinet hardware. This unit is waiting for your personal touches. An added bonus is in-unit laundry and garage parking. As if this home doesn't have enough to offer, you are conveniently located across from Moraine Valley College, tons of shopping, dining, entertainment, schools, parks, and expressways.

Last Listed By

Eric Basiorka

Realty Executives Elite License #475164738 Listed on: 09/05/2022

Realty Executives Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,778

Year Built

  • Built in 1993

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Pond
  • Patio

Schools

  • Amos Alonzo Stagg High School

Utilities

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

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, snow removal, lake rights
  • 10 Units
  • Manager Association, Phone Number (708) 781-9042
  • Lakeview Condos Subdivision
  • Property managed by LL&M Management

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,778

Year Built

Built in 1993

Lot Details

0

HOA Fees

$300 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: Lakeview Condos
  • Year Built: 1993
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Storage, Flexicore
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 199000
  • Lot Features: Landscaped, Pond(s), Water Rights, Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 300
  • Association Amenities: Water View
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: LL&M Management
  • Management Contact Name: Manager
  • Management Phone: 708-781-9042
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Lake Rights

Schools

  • High School: Amos Alonzo Stagg High School
  • Middle/Junior School District: 118

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3778.4
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Oct 27, 2022
Sold by
Morawa Piotr
Bought by
Safi Adnan
Seller's Agent
Eric Basiorka
Realty Executives Elite
Buyer's Agent
Shahad Abd
Real People Realty
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Total Days on Market
7
Views
44
Current Estimated Value
$243,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,359
Avg. Annual Appreciation
9.15%
Original Mortgage
$146,250
Outstanding Balance
$142,208
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$101,151

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 17, 2019
Sold by
Culberson Patricia L
Bought by
Morawa Piotr
Seller's Agent
Alex Fenske
Keller Williams Preferred Rlty
Buyer's Agent
Eric Basiorka
Realty Executives Elite
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$116,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Culberson Leonard
Bought by
Culberson Leonard D and Leonard D Culberson Living Trust

Purchase Details

Closed on
Mar 25, 2004
Sold by
Krug Richard H and Krug Patty
Bought by
Culberson Leonard

Purchase Details

Closed on
Jun 7, 1994
Sold by
Palos Bank & Trust Company
Bought by
Krug Richard H and Krug Patty

Range of Values:

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Average Value
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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
Safi Adnan $195,000 None Listed On Document
Morawa Piotr $155,000 Greater Illinois Title
Culberson Leonard D -- Chicago Title Insurance Comp
Culberson Leonard $176,000 --
Krug Richard H $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safi Adnan $146,250
Previous Owner Morawa Piotr $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $195,000 -2.0% $177 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $199,000 +28.4% $181 / Sq Ft
10/18/2019 10/18/19 Sold $155,000 0.0% $141 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $155,000 -- $141 / 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 $4,201 $18,400 $3,075 $15,325
2023 $4,201 $18,995 $3,075 $15,920
2022 $4,201 $13,507 $5,535 $7,972
2021 $3,918 $13,506 $5,535 $7,971
2020 $3,778 $13,506 $5,535 $7,971
2019 $3,734 $13,683 $5,073 $8,610
2018 $3,554 $13,683 $5,073 $8,610
2017 $3,460 $13,683 $5,073 $8,610
2016 $3,648 $13,345 $4,458 $8,887
2015 $3,605 $13,345 $4,458 $8,887
2014 $3,940 $14,763 $4,458 $10,305
2013 $3,669 $14,709 $4,458 $10,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11455805

Midwest Real Estate Data (MRED)

APN: 23-23-100-031-1001