NOT LISTED FOR SALE

1070 W Granville Ave Unit U-3 Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $176,000 - $231,941

2 Beds
1 Bath
800 Sq Ft
$1,000/mo HOA Fee

Last Sold January 26, 2016

Last sale price $50,000 $62 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $2,354/month

148 Days on Market

Highlights

  • Corner Lot
  • 1-minute walk to Granville Station
  • 2-minute walk to Berger Park
  • Southern Exposure

About This Home

As of January 2016

4 raw garden unit residential and/or retail condos in super hot Granville Corridor must be bought as a package. Ideal for investor or experienced rehabber. 3 of the units can be 2bd/1ba apartments and 1 can be a 1bd/1ba. Corner space ideal for restaurant with outside cafe seating. Association supportive of either residential or retail uses. Great potential for the smart owner/operator. Granville foodie district!

Last Agent to Sell the Property

Rich Aronson

Compass License #475103352 Listed on: 06/30/2015

Compass

Co-Listed By

Connie Abels

RE/MAX Premier License #471003976

Last Buyer's Agent

Rich Aronson

Compass License #475103352 Listed on: 06/30/2015

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,194

Year Built

  • 1926

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $1,000 per month

Home Design

  • Brick Exterior Construction

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,194

Year Built

1926

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1926
  • Type Attached: Garden Unit
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1926

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Estimated Sq Ft: 800

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: S (South), W (West)

Utilities

  • Water: Public
  • Sewer: Sewer-Public

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Scavenger, Snow Removal
  • Assessment Association Fees: 1000
  • Management Contact Name: Hank Kiley
  • Management Phone: 847-754-9401

Fee Information

  • Management Company: Urban Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 150X150
  • Lot Description: Corner
  • Parcel Identification Number: 14052050261004

Multi Family

  • Total Number Unitsin Building: 39
  • Number Stories: 3

Tax Info

  • Taxes: 7308.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
1070 Granville Llc
Bought by
Bradford Quincy
Current Estimated Value
$205,235

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
Outstanding Balance
$158,686
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$46,549

Purchase Details

Closed on
Nov 20, 2015
Sold by
Community Initiatives Inc
Bought by
County Of Cook and Cook County Land Bank Authority

Purchase Details

Closed on
Nov 12, 2015
Sold by
Granville Condominium Association
Bought by
County Of Cook and Cook County Land Bank Authority

Purchase Details

Closed on
Nov 11, 2015
Sold by
Granville Condominium Association
Bought by
Community Initiatives Inc

Purchase Details

Closed on
Jul 23, 2009
Sold by
Chicago Title Land Trust Company
Bought by
Save1 Corporation

Purchase Details

Closed on
Oct 20, 2005
Sold by
Bank Of Waukegan
Bought by
Chicago Title Land Trust Co and Trust #8002345158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
5.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bradford Quincy $200,000 Proper Title
County Of Cook -- Attorney
County Of Cook $1,651 None Available
Community Initiatives Inc -- Attorney
Save1 Corporation -- Chicago Title Land Trust Co
Chicago Title Land Trust Co $2,400,000 Home Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradford Quincy $160,000
Previous Owner Chicago Title Land Trust Co $2,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2016 01/26/16 Sold $50,000 -80.0% $63 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $250,000 -- $313 / 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 $3,194 $16,453 $3,970 $12,483
2023 $3,115 $14,265 $1,396 $12,869
2022 $3,115 $14,265 $1,396 $12,869
2021 $3,050 $14,264 $1,396 $12,868
2020 $6,479 $27,428 $3,491 $23,937
2019 $9,691 $45,487 $3,491 $41,996
2018 $9,537 $45,487 $3,491 $41,996
2017 $1,766 $7,760 $2,992 $4,768
2016 $10,739 $50,676 $2,992 $47,684
2015 $9,851 $50,676 $2,992 $47,684
2014 $7,309 $36,924 $2,693 $34,231
2013 $7,198 $36,924 $2,693 $34,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08968493

Midwest Real Estate Data (MRED)

APN: 14-05-205-026-1004