$220,000
SOLD DEC 26, 2023

8695 W 111th St Unit 2B Palos Hills, IL 60465

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

Recently Sold

$200 Per Sq Ft

11% Above List Price

3 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Lock-and-Leave Community
  • Palos East Elementary School Rated A
  • Landscaped Professionally
  • Formal Dining Room

About This Home

As of December 2023

Welcome to this charming 2-bedroom, 2-bathroom condo in beautiful Palos Hills. Nestled within a well-maintained all-brick building constructed in 1994, this waterfront property offers a spacious and open layout, perfect for comfortable living. Upon entering, you'll be greeted by an abundance of natural light streaming through large windows and sliding doors that lead to a generously sized balcony overlooking the serene water views. Enjoy the tranquility and beauty of waterfront living right from your own home. The living room and bedrooms feature new wood laminate flooring, adding a modern touch to the space. The primary bedroom boasts an en-suite bath and a walk-in closet, providing both convenience and privacy. This condo is in pristine condition, meticulously maintained and move-in ready. Additional features include a storage closet on the patio, in-unit laundry with a washer and dryer, and the added benefits of a flexicore building, which offers soundproofing and safety. A one-car garage provides convenient parking, and the location couldn't be better, situated just across from Moraine Valley College. Don't miss the opportunity to experience the tranquility and convenience this waterfront condo in Palos Hills has to offer. Contact us today for a private showing and make it your new home.

Last Agent to Sell the Property

Kelly Winterroth

McColly Bennett Real Estate License #475123080 Listed on: 10/25/2023

McColly Bennett Real Estate

Co-Listed By

Emily Outsen

McColly Bennett Real Estate License #475162969

Last Buyer's Agent

Halina Wisniewska

RE/MAX 10 License #475123698

RE/MAX 10

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1994

Lot Details

  • Lake Front
  • 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
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Skylights
  • Formal Dining Room
  • Storage
  • Laminate Flooring
  • Water Views
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, scavenger, snow removal, lake rights
  • 10 Units
  • Maggie Association, Phone Number (708) 781-9042
  • Property managed by LL&M Management
  • Lock-and-Leave Community

Pet Policy

  • No Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,286

Year Built

Built in 1994

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
  • Year Built: 1994
  • 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: 2
  • 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: Skylight(s), Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Dining Combo, Separate Dining Room
  • LivingArea: 1100
  • Other Equipment: Intercom, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 10322
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 199000
  • Lot Features: Lake Front, Landscaped, Water View
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned
  • ParkingTotal: 3
  • 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
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 300
  • Association Amenities: Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: LL&M Management
  • Management Contact Name: Maggie
  • Management Phone: 708-781-9042
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 118

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2286
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Nov 3, 2023
Sold by
Allen Janice A
Bought by
Hejmej Andrzej
Seller's Agent
Kelly Winterroth
McColly Bennett Real Estate
Buyer's Agent
Halina Wisniewska
RE/MAX 10
List Price
$199,000
Sold Price
$220,000
Premium/Discount to List
$21,000
10.55%
Views
75
Current Estimated Value
$248,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,052
Avg. Annual Appreciation
7.14%
Original Mortgage
$176,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2023
Sold by
Carol A Super Trust and Gaideliene Natalija
Bought by
Allen Janice A

Purchase Details

Closed on
Dec 16, 1994
Sold by
Palos Bank & Trust Company
Bought by
Adducci James A and Adducci Mary J
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $220,000 Fidelity National Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Joint Tenancy Deed $142,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $176,000 New Conventional
Previous Owner $79,000 Unknown
Previous Owner $90,000 Unknown
Previous Owner $90,000 No Value Available
Closed $14,625 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $1,950 0.0% --
01/18/2024 01/18/24 Under Contract -- -- --
01/06/2024 01/06/24 For Rent $1,950 0.0% --
12/26/2023 12/26/23 Sold $220,000 +10.6% $200 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $199,000 -- $181 / 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 $3,109 $18,400 $3,075 $15,325
2023 $2,286 $18,995 $3,075 $15,920
2022 $2,286 $13,507 $5,535 $7,972
2021 $1,702 $13,506 $5,535 $7,971
2020 $1,528 $13,506 $5,535 $7,971
2019 $1,648 $13,683 $5,073 $8,610
2018 $1,571 $13,683 $5,073 $8,610
2017 $1,503 $13,683 $5,073 $8,610
2016 $2,302 $13,345 $4,458 $8,887
2015 $2,390 $13,345 $4,458 $8,887
2014 $2,765 $14,763 $4,458 $10,305
2013 $3,013 $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: 11916864

Midwest Real Estate Data (MRED)

APN: 23-23-100-031-1006