NOT LISTED FOR SALE

Estimated Value: $271,000 - $344,000

2 Beds
1 Bath
860 Sq Ft
$449/mo HOA Fee

Last Sold May 10, 2022

Last sale price $282,000 $328 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,442/month

3 Days on Market

Highlights

  • Fitness Center
  • Terrace
  • Party Room
  • Wood Flooring
  • Community Pool
  • Elevator

About This Home

As of May 2022

The living is easy, indoor and out in this two bedroom, one bath, first floor loft! Soaring 12' ceilings and natural light define the open space. Floor to ceiling windows provide a seamless connection to the elevated expansive gated patio. Neutral palette, warm hardwood floors and fireplace punctuate the living area. Open well appointed galley kitchen boasts granite countertops, stainless steel appliances, custom tile backsplash and elongated breakfast bar. Dining area defined by an eye catching bubble globe chandelier. Bath with large honey vanity and additional storage cabinets for all your bare necessities. The convenience of an in unit washer and dryer. Embrace the carefree lifestyle the amenity rich University Commons has to offer. Heated outdoor pool, award winning grounds, pet friendly sidewalks, common rooftop wrap around decks with breathtaking skyline views, workout facilities, party room, rentable theatre and on-site management office. Short city stroll to the pulse of Pilsen, West Loop, South Loop and energy of UIC. Conveniently located to numerous public transportation options. Easy access to all expressways. Heated secure garage space available for purchase.

Last Listed By

Cory Tanzer

Option Premier LLC License #475167115 Listed on: 04/07/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1929 | Remodeled in 2010

Lot Details

  • 2.55

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 860 Sq Ft Home
  • 4-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 185 Units
  • Donna S Association, Phone Number (312) 666-0019
  • University Commons Subdivision
  • Property managed by Associa Chicagoland

Amenities

  • Party Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,188

Year Built

Built in 1929 | Remodeled in 2010

Lot Details

0

HOA Fees

$449 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: University Commons
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2010
  • Rebuilt Year: 2010
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2010

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 860
  • Room Type: Terrace
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room

Exterior Features

  • List Price: 259999
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 449
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Pool
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Donna S
  • Management Phone: 312-666-0019
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4188
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 6, 2022
Sold by
Ochoa Ernesto & Bethany A
Bought by
Omara Beth Ann
Seller's Agent
Cory Tanzer
Option Premier LLC
Buyer's Agent
Cory Tanzer
Option Premier LLC
List Price
$259,999
Sold Price
$282,000
Premium/Discount to List
$22,001
8.46%
Total Days on Market
3
Current Estimated Value
$297,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,470
Avg. Annual Appreciation
0.53%
Original Mortgage
$267,900
Outstanding Balance
$256,302
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$30,221

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 16, 2018
Sold by
Crump Andrea and Hammond Kyle
Bought by
Ochoa Ernesto and Cepela Ochoa Bethany N
Seller's Agent
CeCe Palomar
Baird & Warner
Buyer's Agent
James Weber
Baird & Warner
List Price
$240,000
Sold Price
$231,000
Premium/Discount to List
-$9,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$207,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Licea Juan and Licea Odilia
Bought by
Crump Andrea and Hammond Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,080
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2005
Sold by
Chicago University Commons Ii Llc
Bought by
Licea Juan and Licea Odilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Range of Values:

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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 Buyer Sale Price Title Company
Omara Beth Ann $282,000 None Listed On Document
Ochoa Ernesto $231,000 Greater Illinois Title
Crump Andrea $215,000 Chicago Title
Licea Juan $232,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omara Beth Ann $267,900
Previous Owner Ochoa Ernesto $25,000
Previous Owner Ochoa Ernesto $201,000
Previous Owner Ochoa Ernesto $207,900
Previous Owner Crump Andrea $211,080
Previous Owner Licea Juan G $25,000
Previous Owner Licea Juan $183,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $282,000 +8.5% $328 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $259,999 +12.6% $302 / Sq Ft
05/25/2018 05/25/18 Sold $231,000 -3.8% $269 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $240,000 -- $279 / 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 $4,029 $24,876 $2,430 $22,446
2023 $4,029 $19,522 $1,475 $18,047
2022 $4,029 $19,522 $1,475 $18,047
2021 $3,938 $19,521 $1,475 $18,046
2020 $4,187 $18,735 $1,475 $17,260
2019 $4,139 $20,531 $1,475 $19,056
2018 $4,069 $20,531 $1,475 $19,056
2017 $3,796 $17,575 $1,301 $16,274
2016 $3,520 $17,575 $1,301 $16,274
2015 $3,221 $17,575 $1,301 $16,274
2014 $2,938 $15,837 $969 $14,868
2013 $847 $4,656 $969 $3,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11368855

Midwest Real Estate Data (MRED)

APN: 17-20-226-063-1045