NOT LISTED FOR SALE

1047 W Leland Ave Unit 2E Chicago, IL 60640

Sheridan Park Neighborhood

Estimated Value: $229,000 - $304,000

1 Bed
1 Bath
800 Sq Ft
$134/mo HOA Fee

Last Sold August 31, 2021

Last sale price $180,000 $225 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,763/month

4 Days on Market

Highlights

  • Deck
  • Balcony
  • Storage
  • Stainless Steel Appliances
  • Walk-In Closet
  • 1-minute walk to Aster Park

About This Home

As of August 2021

This one is special! This classic Chicago vintage building was gut rehabbed to the studs for the perfect combination of modern amenities and character. The huge living room and dining room area features high ceilings and tall windows for an open airy feel! The wood-burning fireplace has a beautiful mantle surround for elegance and ambience. The spacious kitchen is great for cooking and entertaining with fantastic cabinet and counter space plus room for an eat-in table. Recent kitchen updates include stainless steel appliances, quartz countertops, custom backsplash, under cabinet lighting and Elkay sink & faucet. The bedroom has plenty of space for an office plus a walk-in closet! But wait, there's more - new high quality laminate flooring with lifetime warranty, in-unit laundry, central heat and air, an updated bathroom PLUS a murphy bed for guests! This condo has been lovingly cared for by original owners and is in pristine condition! Common area outdoor spaces are shared by all residents. Established association with solid reserves and very low assessments and taxes. Easy permit street parking but there are nearby rental parking options for $150/month. Great Uptown location near the lake, buses and red line stops.

Last Agent to Sell the Property

Christina Carmody

Fulton Grace Realty License #475135645 Listed on: 07/16/2021

Fulton Grace Realty

Last Buyer's Agent

Kit Welch

Baird & Warner License #475164869

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1890 | Remodeled in 1981

Lot Details

  • 6,142

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Leased Parking
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 13 Units

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,993

Year Built

Built in 1890 | Remodeled in 1981

Lot Details

0

HOA Fees

$134 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: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 1981
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1981

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 800
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • 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
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Kitchen Flooring: Vinyl
  • Kitchen: Eating Area-Table Space
  • Living Room Flooring: Wood Laminate
  • MRD_MBB: Full
  • Master Bedroom Flooring: Wood Laminate
  • Master Bedroom Dimensions: 14X14

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • List Price: 185000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 150

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 134
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: TBD
  • Management Contact Name: TBD
  • Management Phone: 000-000-0000

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1992.57
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 20, 2021
Sold by
Wolanczyk Walter and Wolanczyk Sallyann
Bought by
Powell Cole Andrew
Seller's Agent
Christina Carmody
Fulton Grace Realty
Buyer's Agent
Kit Welch
Baird & Warner
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$256,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,883
Avg. Annual Appreciation
8.99%
Original Mortgage
$162,000
Outstanding Balance
$148,906
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$106,852
Source: Public Records

Range of Values:

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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
Powell Cole Andrew $180,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Cole Andrew $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $180,000 -2.7% $225 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $185,000 -- $231 / 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 $3,209 $18,061 $2,429 $15,632
2023 $3,105 $18,000 $1,956 $16,044
2022 $3,105 $18,000 $1,956 $16,044
2021 $3,753 $17,999 $1,955 $16,044
2020 $1,407 $11,683 $1,499 $10,184
2019 $1,993 $13,001 $1,499 $11,502
2018 $1,958 $13,001 $1,499 $11,502
2017 $970 $7,730 $1,303 $6,427
2016 $1,082 $7,730 $1,303 $6,427
2015 $968 $7,730 $1,303 $6,427
2014 $2,415 $15,200 $994 $14,206
2013 $2,370 $15,200 $994 $14,206
Source: Public Records

Agents Affiliated with this Home

  • Christina Carmody

    Seller's Agent in 2021

    Christina Carmody

    Fulton Grace

    (773) 386-0012

    5 in this area

    153 Total Sales

    Christina Carmody
    Section Image
  • Kit Welch

    Buyer's Agent in 2021

    Kit Welch

    Baird Warner

    (727) 512-0257

    7 in this area

    101 Total Sales

    Kit Welch
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11157860

Midwest Real Estate Data (MRED)

APN: 14-17-210-021-1009

Illinois Cook County Chicago 60640 Sheridan Park

1047 W Leland Ave Unit 2E, Chicago, IL

This home is located at 1047 W Leland Ave Unit 2E, Chicago, IL 60640 since 16 July 2021 and is currently estimated at $256,883, approximately $321 per square foot. This property was built in 1890. 1047 W Leland Ave Unit 2E is a home located in Cook County with nearby schools including Brennemann Elementary School, Senn High School, and St Mary Of The Lake School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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