NOT LISTED FOR SALE

8855 N Chester Ave Unit 1S Niles, IL 60714

Ballard Terrace Neighborhood

Estimated Value: $185,987 - $303,000

2 Beds
1 Bath
-- Sq Ft
$196/mo HOA Fee

Last Sold March 29, 2024

Last sale price $187,000

Est. 19% increase in value since last sale

Current estimated payment $1,599/month

2 Days on Market

Highlights

  • Balcony
  • Laundry Facilities
  • 4-minute walk to Ballard Park
  • Maine East High School Rated A
  • Community Storage Space

About This Home

As of March 2024

Step inside this spacious 2 bedroom & 1 bathroom condo in Niles! Located on a very quiet residential dead end street. Conveniently located on the first floor. Newer wood laminate flooring throughout, freshly painted, updated bathroom, newer appliances and wall AC units, spacious kitchen with granite countertops, and large private patio/balcony. East and West facing unit so will get plenty of natural light. Plenty of closets for storage with a large walk-in. Back door opens to building private courtyard. Free washer and dryer in common area. Low HOA which includes heat, gas, water, and two exterior parking spaces. Great management. No rentals allowed. 100% owner occupied. Great school district! Walking distance to Gemini Middle School, grocery stores, restaurants, shopping, Walgreens, parks, bus stop, and more! Great location with quick access to I-294 or I-94.

Last Listed By

Eldin Rahic

Coldwell Banker License #475177854 Listed on: 02/16/2024

Coldwell Banker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1978

Lot Details

  • 0.61

HOA Fees

  • $196 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiant Heating System
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • 3-Story Property
  • Balcony

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
  • 17 Units
  • Anna Or Angelika Association, Phone Number (847) 989-0993
  • Property managed by Safe Property Management

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,069

Year Built

Built in 1978

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1978
  • Age: 41-50 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 187000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 196
  • Association Amenities: Storage, Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Saturday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Safe Property Management
  • Management Contact Name: Anna or Angelika
  • Management Phone: 847-989-0993
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 63

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 2069.25
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 29, 2024
Sold by
Starogorac Adis
Bought by
Bonikidis Anastasios
Seller's Agent
Eldin Rahic
Coldwell Banker
Buyer's Agent
Radu Muresan
Radu G. Muresan
List Price
$187,000
Sold Price
$187,000
Total Days on Market
2
Views
78
Current Estimated Value
$221,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,997
Avg. Annual Appreciation
16.61%
Original Mortgage
$140,250
Outstanding Balance
$139,070
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$82,717

Purchase Details

Listed on
May 27, 2018
Closed on
Oct 25, 2018
Sold by
First Arm Investment Group Inc
Bought by
Starogorac Adis
Seller's Agent
Nader Cheboub
Novem Realty, Inc
Buyer's Agent
Meldina Dervisevic
Century 21 Dream Homes
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$109,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2018
Closed on
Sep 26, 2018
Sold by
Datcu Janet and Jpmorgan Chase Bank National A
Bought by
First Arm Investments Group Inc
Seller's Agent
Nader Cheboub
Novem Realty, Inc
Buyer's Agent
Meldina Dervisevic
Century 21 Dream Homes
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Zangara Frank A and Will Of Antoinette A Zangara
Bought by
Datcu Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.18%

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
Bonikidis Anastasios $187,000 None Listed On Document
Starogorac Adis $115,000 Fidelity National Title
Datcu Daniel J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonikidis Anastasios $140,250
Previous Owner Starogorac Adis $109,250
Previous Owner Datcu Daniel J $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $187,000 0.0% --
02/19/2024 02/19/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $187,000 +62.6% --
10/26/2018 10/26/18 Sold $115,000 -3.4% --
09/22/2018 09/22/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $119,000 -4.0% --
08/06/2018 08/06/18 Price Changed $124,000 -3.9% --
06/22/2018 06/22/18 For Sale $129,000 0.0% --
06/18/2018 06/18/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $129,000 -- --
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 $2,069 $11,973 $1,312 $10,661
2023 $2,069 $11,973 $1,312 $10,661
2022 $2,069 $11,973 $1,312 $10,661
2021 $1,482 $8,437 $1,124 $7,313
2020 $1,464 $8,437 $1,124 $7,313
2019 $1,449 $9,441 $1,124 $8,317
2018 $1,466 $8,934 $968 $7,966
2017 $1,468 $8,934 $968 $7,966
2016 $1,586 $8,934 $968 $7,966
2015 $769 $5,481 $811 $4,670
2014 $756 $5,481 $811 $4,670
2013 $727 $5,481 $811 $4,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11982729

Midwest Real Estate Data (MRED)

APN: 09-14-310-010-1001