NOT LISTED FOR SALE

1047 W Glenlake Ave Unit 3 Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $253,516 - $304,000

2 Beds
1 Bath
1,000 Sq Ft
0.34 Acres

Last Sold March 14, 2016

Last sale price $177,500 $178 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,771/month

Highlights

  • Deck
  • 4-minute walk to Thorndale Station
  • Resident Manager or Management On Site
  • Wood Flooring
  • Stainless Steel Appliances
  • 4-minute walk to Park 517

About This Home

As of July 2021

Top floor, 2 bedroom/1 bath rental that is top floor and flooded with light. Developer rehabbed with large spaces. Living room has decent space to add a dining room table and still have enough space for a 50" TV. Kitchen is rehabbed and has granite and stainless. Bedrooms have plenty of closet space. . Off the eat in kitchen you'll enjoy an outdoor deck perfect for relaxing this summer. In-unit laundry, a view that overlooks the courtyard and central air and heat complete this condo. The basement has additional storage. Walk to Red Line, Whole Foods, the lakefront, Edgewater Public Library, as well as many shops/restaurants. Walk to everything! Pets are on a case by case basis. Parking is Spot hero or street. You will love your new space!

Last Agent to Rent the Property

Michael Gerhardt

RE/MAX PREMIER License #475110336 Listed on: 06/29/2021

RE/MAX PREMIER

Last Renter's Agent

Michael Gerhardt

RE/MAX PREMIER License #475110336 Listed on: 06/29/2021

RE/MAX PREMIER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1930 | Remodeled in 2000

Lot Details

  • 0.34

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 7/31/21
  • Rent includes water, lawn care, storage lockers

Community Details

Overview

  • 31 Units
  • Deborah Russo Association, Phone Number (312) 325-1950
  • Property managed by First Service Residential

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,376

Year Built

Built in 1930 | Remodeled in 2000

Lot Details

0

Rental Info

  • Available Date: 2021-07-31
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1600
  • Max Pet Weight: 30

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1930
  • Age: 91-100 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: 3
  • Rehab Year: 2000
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 1000
  • Room Type: Deck, Foyer
  • Stories Total: 3
  • 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

Exterior Features

  • List Price: 1600
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Rent Includes: Water, Lawn Care, Storage Lockers
  • Management: Manager Off-site
  • Management Company: First Service Residential
  • Management Contact Name: Deborah Russo
  • Management Phone: 312-325-1950

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2015
Closed on
Mar 7, 2016
Sold by
Sparks Robert S and Sparks Constance C
Bought by
Nguyen Christ Anh
Seller's Agent
Amie Klujian
Baird & Warner
Buyer's Agent
Michael Gerhardt
RE/MAX PREMIER
List Price
$205,000
Sold Price
$177,500
Premium/Discount to List
-$27,500
-13.41%
Current Estimated Value
$273,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,879
Avg. Annual Appreciation
4.19%
Original Mortgage
$159,750
Outstanding Balance
$129,042
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$132,497

Purchase Details

Closed on
Aug 15, 2005
Sold by
Albin Bradley L
Bought by
Sparks Robert S and Sparks Constance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1998
Sold by
Drake Daniel L
Bought by
Albin Bradley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,650
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nguyen Christ Anh $177,500 Nat
Sparks Robert S $200,000 --
Albin Bradley L $96,500 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Christ Anh $159,750
Previous Owner Sparks Robert S $160,000
Previous Owner Albin Bradley L $105,600
Previous Owner Albin Bradley L $91,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Rented -- -- --
06/29/2021 06/29/21 For Rent $1,600 0.0% --
03/14/2016 03/14/16 Sold $177,500 -4.0% $178 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
10/22/2015 10/22/15 Price Changed $184,900 -2.6% $185 / Sq Ft
09/29/2015 09/29/15 Price Changed $189,900 -5.1% $190 / Sq Ft
09/10/2015 09/10/15 Price Changed $200,000 -2.4% $200 / Sq Ft
08/02/2015 08/02/15 For Sale $205,000 -- $205 / 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 $3,376 $19,911 $4,342 $15,569
2023 $3,291 $16,000 $3,491 $12,509
2022 $3,291 $16,000 $3,491 $12,509
2021 $3,217 $15,999 $3,491 $12,508
2020 $3,151 $14,144 $2,007 $12,137
2019 $3,144 $15,650 $2,007 $13,643
2018 $3,091 $15,650 $2,007 $13,643
2017 $2,769 $12,861 $1,745 $11,116
2016 $2,684 $13,403 $1,745 $11,658
2015 $2,456 $13,403 $1,745 $11,658
2014 $1,806 $9,734 $1,331 $8,403
2013 $2,097 $11,530 $1,331 $10,199
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11140076

Midwest Real Estate Data (MRED)

APN: 14-05-213-033-1025