NOT LISTED FOR SALE

1127 W Farwell Ave Unit 109 Chicago, IL 60626

Rogers Park Neighborhood

Estimated Value: $129,000 - $178,000

1 Bed
1 Bath
-- Sq Ft
8,843 Sq Ft Lot

Last Sold November 23, 2022

Last sale price $70,000

Est. 117% increase in value since last sale

Current estimated payment $1,050/month

Highlights

  • Living Room
  • Heating System Uses Steam
  • 4-minute walk to Tobey Prinz Beach Park
  • Dining Room

About This Home

As of March 2023

SPACIOUS ONE BEDROOM CONDO IN A VINTAGE BUILDING. CLOSE TO THE LAKE, LOYOLA BEACH. CTA RED LINE, & LOYOLA UNIVERSITY. UPDATED WITH HARDWOOD FLOORS. . OWNER REQUIRES A $500.00 NON REFUNDABLE FEE IN LIEU OF A SECURITY DEPOSIT.

Last Agent to Rent the Property

Aman Abaomer

Dralyuk Real Estate Inc. License #475128197 Listed on: 01/20/2023

Last Renter's Agent

Aaron Vincel

Fulton Grace Realty License #475160846

Fulton Grace Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1926

Lot Details

  • 8,843

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 2/1/23
  • Rent includes heat, water

Community Details

Overview

  • 32 Units
  • Michael Kurtovic Association, Phone Number (773) 878-3300
  • Property managed by Prairie Shores Property Management

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,649

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Available Date: 2023-02-01
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1200
  • Security Deposit: NO

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1926
  • 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): No
  • Unit Floor Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 1200
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Heat, Water
  • Management Company: Prairie Shores Property Management
  • Management Contact Name: Michael Kurtovic
  • Management Phone: 773-878-3300

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Nov 14, 2022
Sold by
Vrmtg Asset Trust
Bought by
Hailegnaw Ketema Teshome
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Margaret Dralyuk
Dralyuk Real Estate Inc.
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Views
5
Current Estimated Value
$152,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,228
Avg. Annual Appreciation
29.49%

Purchase Details

Closed on
Mar 7, 2006
Sold by
Olney Scott M
Bought by
Lyon James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,921
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2000
Sold by
Diaz Victor
Bought by
Olney Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.02%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 30, 2000
Sold by
Plaza Bank
Bought by
Diaz Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.02%
Mortgage Type
Balloon
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
Hailegnaw Ketema Teshome $70,000 None Listed On Document
Lyon James M $101,500 First American Title Ins Co
Olney Scott M $50,000 --
Diaz Victor $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyon James M $104,387
Previous Owner Lyon James M $110,400
Previous Owner Lyon James M $99,921
Previous Owner Olney Scott M $47,000
Previous Owner Olney Scott M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Rented $1,200 0.0% --
02/25/2023 02/25/23 Under Contract -- -- --
02/09/2023 02/09/23 Price Changed $1,200 -7.7% --
01/20/2023 01/20/23 For Rent $1,300 0.0% --
11/23/2022 11/23/22 Sold $70,000 -12.4% --
11/08/2022 11/08/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $79,900 +14.1% --
08/26/2022 08/26/22 Off Market $70,000 -- --
08/26/2022 08/26/22 For Sale $79,900 0.0% --
08/12/2022 08/12/22 Price Changed $79,900 -11.1% --
07/20/2022 07/20/22 Price Changed $89,900 -10.0% --
06/27/2022 06/27/22 Price Changed $99,900 -9.1% --
05/29/2022 05/29/22 Price Changed $109,900 -24.9% --
05/06/2022 05/06/22 For Sale $146,300 -- --
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 $2,649 $14,241 $889 $13,352
2023 $2,583 $12,557 $711 $11,846
2022 $2,583 $12,557 $711 $11,846
2021 $2,525 $12,556 $711 $11,845
2020 $1,609 $7,223 $711 $6,512
2019 $1,614 $8,032 $711 $7,321
2018 $1,587 $8,032 $711 $7,321
2017 $1,129 $5,243 $614 $4,629
2016 $1,050 $5,243 $614 $4,629
2015 $961 $5,243 $614 $4,629
2014 $1,045 $5,630 $606 $5,024
2013 $1,264 $6,949 $606 $6,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704578

Midwest Real Estate Data (MRED)

APN: 11-32-202-020-1009