$245,000
SOLD FEB 13, 2025

1050 W Catalpa Ave Unit 2 Chicago, IL 60640

Edgewater Neighborhood
2 Beds
1 Bath
1,100 Sq Ft
$461/mo HOA Fee

Recently Sold

$223 Per Sq Ft

5% Below List Price

11 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Bryn Mawr Station
  • Ceiling Fan
  • Laundry Room
  • Combination Dining and Living Room
  • 5-minute walk to Bromann Park

About This Home

As of February 2025

Bright & sunny southern/eastern exposure split 2 bedroom condo steps from CTA Red Line. In unit front loading washer/dryer, hardwood floors, separate dining room, large hall closet in entry, extra storage room, steps from CTA Bryn Mawr Red Line, coffee shops, restaurants, Hollywood Beach and the lake. Taxes do not reflect Homeowner's Exemption. Assessments include heat. Investor friendly.

Last Agent to Sell the Property

Meta Rose Torchia

@properties Christie's International Real Estate License #475119861 Listed on: 01/02/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Samm

Keller Williams ONEChicago License #475168912

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1925 | Remodeled in 2002

HOA Fees

  • $461 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, insurance, lawn care, scavenger, snow removal
  • 31 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,009

Year Built

Built in 1925 | Remodeled in 2002

Lot Details

0

HOA Fees

$461 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1925
  • 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: 2
  • Rehab Year: 2002
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2002

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 461
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Insurance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: 0
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 4008.62
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2006
Sold by
Adams Gail and Hernandez Jose A
Bought by
Cobham Eryan and Onyezia Nneka
Current Estimated Value
$278,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Outstanding Balance
$101,452
Interest Rate
5.37%
Mortgage Type
Unknown
Estimated Equity
$177,141

Purchase Details

Closed on
Feb 19, 2002
Sold by
Netherland Mark E and Netherland Becky L
Bought by
Fox Gail and Hernandez Jose Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 17, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Netherland Mark E and Netherland Becky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $238,500 Fort Dearborn Land Title
Warranty Deed $175,000 Chicago Title Insurance Co
Trustee Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,800 Unknown
Previous Owner $166,250 Stand Alone First
Previous Owner $83,300 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $245,000 -5.4% $223 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $259,000 0.0% $235 / Sq Ft
06/09/2017 06/09/17 Rented $1,650 0.0% --
06/08/2017 06/08/17 For Rent $1,650 -- --
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 $4,009 $21,208 $5,558 $15,650
2023 $3,908 $19,000 $4,469 $14,531
2022 $3,908 $19,000 $4,469 $14,531
2021 $3,821 $18,999 $4,468 $14,531
2020 $3,853 $17,294 $2,569 $14,725
2019 $3,844 $19,135 $2,569 $16,566
2018 $3,780 $19,135 $2,569 $16,566
2017 $3,504 $16,277 $2,234 $14,043
2016 $3,260 $16,277 $2,234 $14,043
2015 $2,983 $16,277 $2,234 $14,043
2014 $3,591 $19,354 $1,703 $17,651
2013 $3,520 $19,354 $1,703 $17,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12261764

Midwest Real Estate Data (MRED)

APN: 14-08-201-018-1022