NOT LISTED FOR SALE

1048 W Foster Ave Unit A Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $410,000 - $447,913

2 Beds
2 Baths
1,600 Sq Ft
$255/mo HOA Fee

Last Sold March 31, 2023

Last sale price $375,000 $234 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,071/month

3 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Bathroom on Main Level
  • Balcony
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Great opportunity to own a unique duplex in Edgewater! This 1600 SQ FT space features an open layout on the main floor with south facing windows allowing maximum sunlight. The sleek kitchen was remodeled in 2021 and features white shaker cabinets, quartz counters & stylish black appliances. The living/dining space provides ample room for a cozy living & large dining table with walk-out to a private outdoor patio. Smart lighting by Lutron Caseta controls the lights & dimmers & a bedroom with a large closet complete the first floor. Step down to the second living room ideal for movie nights & open office space. The primary suite features a sizable room, large walk-in closet and beautifully remodeled primary bathroom with subway tiles and handsome finishes. Rental parking is available in the back lot for $150 per month. Ideal Edgewater location by Mariano's, the beach, the el, the many restaurants and shops on Broadway & a short walk to Andersonville.

Last Agent to Sell the Property

Heather Seidelman

@properties Christie's International Real Estate License #475136886 Listed on: 02/09/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Maria Kernahan

@properties Christie's International Real Estate License #475124181

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1910

Lot Details

  • 5,619

HOA Fees

  • $255 Monthly HOA Fees

Interior Spaces

  • 1,600 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • No Tub in Bathroom
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Leased Parking
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, security, exterior maintenance, scavenger, snow removal
  • 8 Units

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,881

Year Built

Built in 1910

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 1910
  • 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): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1600
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 350000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 150

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 255
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: NA
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 4881.44
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 13, 2023
Sold by
Thompson Chad J
Bought by
Palmer Walter Henderson
Seller's Agent
Heather Seidelman
@properties Christie's International Real Estate
Buyer's Agent
Maria Kernahan
@properties Christie's International Real Estate
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Views
14
Current Estimated Value
$436,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,270
Avg. Annual Appreciation
5.51%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Mar 20, 2013
Sold by
Williams Glynon S and Williams Kristine R
Bought by
Thompson Chad J
Seller's Agent
William Gutrich
Jameson Sotheby's Intl Realty
Buyer's Agent
Heather Seidelman
@properties Christie's International Real Estate
List Price
$244,900
Sold Price
$225,000
Premium/Discount to List
-$19,900
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$203,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2009
Sold by
Tacik Brian F
Bought by
Williams Glynnon S and Williams Kristine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,616
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2002
Sold by
Hahn Michael R and Breck Kate
Bought by
Tacik Brian F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,400
Interest Rate
7.18%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Chicago Title Land Trust Company
Bought by
Hahn Michael and Breck Kate
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
Palmer Walter Henderson $375,000 None Listed On Document
Thompson Chad J $225,000 First American Title
Williams Glynnon S $242,000 Sterling Title Services Llc
Tacik Brian F $241,500 --
Hahn Michael $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Jhad J $176,000
Previous Owner Thompson Chad J $40,000
Previous Owner Thompson Chad J $203,250
Previous Owner Williams Glynnon S $237,616
Previous Owner Tacik Brian F $228,000
Previous Owner Tacik Brian F $228,000
Previous Owner Tacik Brian F $229,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $375,000 +7.1% $234 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $350,000 +55.6% $219 / Sq Ft
04/03/2013 04/03/13 Sold $225,000 -8.1% $152 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $244,900 +8.8% $165 / Sq Ft
12/31/2012 12/31/12 Off Market $225,000 -- --
10/08/2012 10/08/12 For Sale $244,900 -- $165 / 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 $5,125 $34,727 $6,408 $28,319
2023 $4,974 $27,606 $5,152 $22,454
2022 $4,974 $27,606 $5,152 $22,454
2021 $4,881 $27,605 $5,152 $22,453
2020 $4,600 $23,751 $2,962 $20,789
2019 $4,591 $26,279 $2,962 $23,317
2018 $4,512 $26,279 $2,962 $23,317
2017 $3,778 $20,924 $2,576 $18,348
2016 $3,691 $20,924 $2,576 $18,348
2015 $3,354 $20,924 $2,576 $18,348
2014 $3,608 $22,017 $1,964 $20,053
2013 $3,526 $22,017 $1,964 $20,053
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715944

Midwest Real Estate Data (MRED)

APN: 14-08-211-047-1001