NOT LISTED FOR SALE

1031 N Paulina St Unit 1R Chicago, IL 60622

East Village Neighborhood

Estimated Value: $406,281 - $506,000

2 Beds
2 Baths
1,004 Sq Ft
$438/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $315,000 $314 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,816/month

Highlights

  • Wood Flooring
  • Sundeck
  • Storage
  • Main Floor Bedroom
  • Living Room
  • Bathroom on Main Level

About This Home

As of April 2022

2 BED 2 BATH MULTI-LEVEL APARTMENT WITH ROOFTOP DECK AND LARGE STORAGE AREA INCLUDED. Welcome to the heart of Chicago's East Village; just two blocks south of Wicker Park's boarder, on a quiet tree-lined street. This 2 bed/2 bath apartment features two living spaces with a full bathroom on each level. The large kitchen has plenty of cabinet space, granite countertops, and stainless steel appliances. In-unit side-by-side washer and dryer on the lower level, open concept, and a ton of living space! The apartment also includes a large storage area, easy street parking, and rooftop deck with incredible views of Chicago's famous skyline. Water, trash, and snow removal is included in rent. Excellent location just minutes walking distance from public transportation, local bars, restaurants, shopping, Starbucks and Target!

Last Agent to Rent the Property

Adam Bartosic

Keller Williams ONEChicago License #475185672 Listed on: 03/19/2022

Keller Williams ONEChicago

Last Renter's Agent

Jason Grede

Fulton Grace Realty License #473014843

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920 | Remodeled in 2005

Lot Details

  • 3,267

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,004 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry on main level
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Property Available on 5/1/22
  • Rent includes water, scavenger, exterior maintenance, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 9 Units
  • Property managed by self management

Amenities

  • Sundeck

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1920 | Remodeled in 2005

Lot Details

0

Rental Info

  • Available Date: 2022-05-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2500
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo-Duplex
  • Property Sub-Type: Attached
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2005
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Storage
  • LivingArea: 1004
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Sundeck
  • Rent Includes: Water, Scavenger, Exterior Maintenance, Snow Removal
  • Management: Self-Management
  • Management Company: self management
  • Management Contact Name: owner

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Oct 13, 2016
Sold by
Desmond Kevin M and Desmond Lauren E
Bought by
Coraglio Jonathan
Seller's Agent
Joe Zimmerman
Keller Williams ONEChicago
Buyer's Agent
Dong Jang
Keller Williams Chicago-O'Hare
List Price
$334,900
Sold Price
$315,000
Premium/Discount to List
-$19,900
-5.94%
Current Estimated Value
$439,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,820
Avg. Annual Appreciation
3.75%
Original Mortgage
$232,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2011
Sold by
Desmond Kevin M and Desmond Lauren E
Bought by
Desmond Kevin M and Desmond Lauren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2005
Sold by
1031 N Paulina Investors Llc
Bought by
Desmond Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Coraglio Jonathan $315,000 Stewart Title
Desmond Kevin M -- Rtc
Desmond Kevin M $306,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coraglio Jonathan $232,000
Previous Owner Desmond Kevin M $225,000
Previous Owner Desmond Kevin M $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Rented $2,500 0.0% --
03/27/2022 03/27/22 Under Contract -- -- --
03/19/2022 03/19/22 For Rent $2,500 0.0% --
11/29/2016 11/29/16 Sold $315,000 -5.9% $314 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $334,900 -- $334 / 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 $6,063 $35,494 $3,771 $31,723
2023 $5,871 $31,967 $1,474 $30,493
2022 $5,871 $31,967 $1,474 $30,493
2021 $5,758 $31,965 $1,473 $30,492
2020 $4,976 $25,439 $1,473 $23,966
2019 $4,895 $27,795 $1,473 $26,322
2018 $4,812 $27,795 $1,473 $26,322
2017 $4,500 $24,279 $1,300 $22,979
2016 $4,863 $24,279 $1,300 $22,979
2015 $3,968 $24,279 $1,300 $22,979
2014 $2,422 $15,623 $1,105 $14,518
2013 $2,363 $15,623 $1,105 $14,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11351709

Midwest Real Estate Data (MRED)

APN: 17-06-419-060-1003