See Home Value
Forest Park 60130
7201 Adams Street
$129,417*
House - Off Market

7201 Adams Street

Forest Park, IL 60130
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2208 Sqft
$117,000 - $141,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Nov 03, 2023
$142,500
$300,000 by Ira Financial Trust Company
Mortgage Due Jan 17, 2025
Sold Mar 15, 2019
$60,000

About This Property

Tremendous rehab opportunity in sought after Forest Park.  6 Bedrooms, 2 Bathrooms and a full unfinished basement.  Work has begun, waiting for you to finish.  Bring your bright ideas and make this your home.    Close to downtown Madison St. restaurants and shops, Library, Metra, Blue and Green lines, easy access to I-290.  Room sizes are approximate.  Sellers will review offers after the property has been on the market 7 days.  Being sold in "as is" condition / no survey nor disclosures / taxes pro rated 100%.  Please see agent remarks for offer submission instructions.

The manager has listed the unit size as 2208 square feet.
Unit Size
2,208Ft²
Days on Market
-
Land Size
-
Price per sqft
$59
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1918

Price History

Date / Event Date Event Price
Nov 3, 2023 Sold $142,500
Sold
Oct 24, 2023 No longer available -
No longer available
Sep 12, 2023 In contract -
In contract
Aug 10, 2023 Listed $129,900
Listed
Mar 30, 2019 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,625
  • Total Building Area: 2,208
  • Gross Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TORODES SUBDIVISION
  • Land Acres: 0.06
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : MCCORMICK HOMES LLC
  • Previous Owner : ANTLR MORTGAGE TRUST
  • Owner Before Previous Owner: BLOCK MICHAEL D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 11, 2024

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816000

Geography

  • District: 31
  • Parcel: 15-13-207-011-0000
  • Meridian: SEC 13 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.878
  • Longitude: -87.8049

    Address

  • Full Address: 7201 Adams St
  • Address - House Number: 7201
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1920
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,267
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 303,146
  • High Value: 348,901
  • Low Value: 257,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: IRA FINANCIAL TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Nov 03, 2023
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 17, 2025

    Market Valuation

  • Market Total Value: $230,660
  • Market Land Value: $22,310
  • Market Improvement Value: $208,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,066
  • Assessed Land Value: $2,231
  • Assessed Improvements Value: $20,835

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Nov 03, 2023
  • Current Sale Transaction ID: 11915503796
  • Current Sale Price: $142,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 41082
  • Previous Sale Recording Date: Mar 15, 2019
  • Previous Sale Contract Date: Feb 15, 2019
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: IRA FINANCIAL TRUST COMPANY
  • First Mortgage Transaction Date: Nov 03, 2023
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 17, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1.5 Baths
900 ft²
$161/ft²
$145,000 Sep 8, 2023
-
$511/mo
House
1 Bed
1 Bath
800 ft²
$169/ft²
$134,900 Aug 14, 2023
-
$594/mo
House
1 Bed
1 Bath
750 ft²
$145/ft²
$109,000 Sep 7, 2023
-
$373/mo
House
1 Bed
1 Bath
-
$135,000 Jun 14, 2023
-
$135/mo
House
2 Beds
1 Bath
-
$149,000 Aug 2, 2023
-
$531/mo

About Forest Park


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Frequently Asked Questions

When was property at 7201 Adams Street built and last sold?
The property at 7201 Adams Street was built in 1918 and last sold on Sep 28, 2023 for $142,500.
How much is this home worth?
The estimated value of the home located at 7201 Adams Street is $131,199.
What are some comparable homes to 7201 Adams Street?
Homes that are comparable to 7201 Adams Street include a house property at 1146 Washington Boulevard, 315 Marengo Avenue, 727 South Maple Avenue.

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