NOT LISTED FOR SALE

Highland Towers 8801 W Golf Rd Unit 8H Niles, IL 60714

Estimated Value: $154,314 - $181,000

1 Bed
1 Bath
-- Sq Ft
$431/mo HOA Fee

Last Sold February 15, 2022

Last sale price $123,000

Est. 36% increase in value since last sale

Current estimated payment $1,545/month

11 Days on Market

Highlights

  • Combination Dining and Living Room
  • Maine East High School Rated A
  • Senior Tax Exemptions

About This Home

As of February 2022

Enjoy the beautiful sunsets from your unobstructed, west facing, eighth floor balcony! Bright, spacious, well kept and well loved unit overlooking the pool; Unit features open floor plan, breakfast bar, tons of closets (3 in bedroom), nice big kitchen with pantry, separate dining area and huge living room! One assigned parking spot included. Wonderful location, convenient to Golf Mill, restaurants, theaters and transportation. SELLER WILL PAY SPECIAL ASSESSMENT IN FULL. OWNER CAN RENT! $150 move-in fee. REGARDING $431 ASSMT: $78 pd to Rosen Mgmt/Master Assoc; $352 to Villa Mgmt. THE ASSESSMENT IF PAID MONTHLY FOR 10 YEARS WILL ACCRUE APPROX 25% INTEREST, BUT SELLER IS PAYING THE WHOLE $16K! LISTING AGENT IS BOBBIE NEWMAN

Last Listed By

Bobbie Newman

Realty Advisors Elite LLC License #475132228 Listed on: 12/28/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,216

Year Built

  • 1971

Lot Details

  • 0.45

HOA Fees

  • $431 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 109 Units
  • Highland Towers Manager Association, Phone Number (847) 367-4808
  • Property managed by Villa Management

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,216

Year Built

1971

Lot Details

0

HOA Fees

$431 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • Directions: Golf Rd. West of Greenwood to Western. South on Western. Building is on your right. Entrance at end of fence; 30 minute parking in rear of building. Drive to rear of building on the SOUTH side of the building.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Highland Towers
  • Special Features: None
  • Year Built: 1971

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Storage
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Dining Room Type: Foyer
  • Stories: 12

Exterior Features

  • Exterior Features: Balcony, In Ground Pool
  • Exterior Building Type: Brick
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Street, Visitor Parking
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window/Wall Units - 2
  • Heating: Steam, Baseboard, Indv Controls
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Villa Management
  • Management Contact Name: Highland Towers Manager
  • Management Phone: 847-367-4808
  • Amenities: Coin Laundry, Elevator(s), Storage, Pool
  • Association Fee: 431
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Schools

  • Elementary School: Mark Twain Elementary School
  • High School: Maine East High School
  • Junior High Dist: 207
  • Middle Or Junior School: Gemini Junior High School

Lot Info

  • Special Assessments: Y
  • Additional Parcels: No

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Multi Family

  • Units in Building: 109

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 1770.17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Mar 2, 2022
Sold by
Ruiz Cho C and Lim Cho-Chi
Bought by
Omerovic Sevko
Seller's Agent
Bobbie Newman
Realty Advisors Elite LLC
Buyer's Agent
Sonia Habibovic
Koral Realty
Sold Price
$123,000
Total Days on Market
11
Current Estimated Value
$167,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,579
Avg. Annual Appreciation
11.46%
Original Mortgage
$98,400
Outstanding Balance
$82,115
Interest Rate
2.93%
Estimated Equity
$92,488

Purchase Details

Closed on
Jan 7, 2010
Sold by
Florence Milton and Florence Sara
Bought by
Ruiz Cho C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,333
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1994
Sold by
Goldenberg Gary and Goldenberg April
Bought by
Florence Milton and Florence Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Omerovic Sevko $123,000 --
Ruiz Cho C $92,000 None Available
Florence Milton $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omerovic Sevko $98,400
Previous Owner Ruiz Cho C $90,333
Previous Owner Florence Milton $51,750
Closed Florence Milton $2,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $123,000 -8.9% --
01/10/2022 01/10/22 For Sale -- -- --
01/09/2022 01/09/22 Pending -- -- --
01/04/2022 01/04/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $135,000 -- --
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 $2,216 $12,540 $98 $12,442
2023 $2,216 $12,540 $98 $12,442
2022 $2,216 $12,540 $98 $12,442
2021 $1,806 $9,502 $151 $9,351
2020 $1,770 $9,502 $151 $9,351
2019 $1,749 $10,632 $151 $10,481
2018 $947 $6,932 $132 $6,800
2017 $957 $6,932 $132 $6,800
2016 $1,112 $6,932 $132 $6,800
2015 $919 $5,983 $113 $5,870
2014 $899 $5,983 $113 $5,870
2013 $1,549 $5,983 $113 $5,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11294516

Midwest Real Estate Data (MRED)

APN: 09-15-202-046-1073