NOT LISTED FOR SALE

1243 W Thorndale Ave Unit 2E Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $215,000 - $375,000

2 Beds
1 Bath
780 Sq Ft
$325/mo HOA Fee

Last Sold March 29, 2017

Last sale price $136,000 $174 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,100/month

251 Days on Market

Highlights

  • Deck
  • 3-minute walk to Thorndale Station
  • Storage
  • Wood Flooring
  • Patio
  • 2-minute walk to Broadway Armory Park

About This Home

As of March 2017

Great condo with hardwood floors - Only 1 block from Thorndale Redline stop! 2nd floor unit overlooking tree lined street.2 bedroom unit. Vintage charm with beautiful hardwood floors and high ceilings throughout. . Off kitchen deck. Laundry facility in basement. Storage unit in basement. HOA Dues include Heat and Water.At this time there are no restrictions in place, however the association is looking to amend the Bylaws soon to include rental restrictions. We do not know how this will be structured yet and how that will affect new owners wanting to rent further down the line

Last Agent to Sell the Property

Stanislaw Krozel

Royal Service Realty Chicago Metro Properties License #471000074 Listed on: 06/03/2016

Last Buyer's Agent

Edward Jelinek

@properties Christie's International Real Estate License #475104094

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,520

Year Built

  • 1978

Lot Details

  • 6,578

HOA Fees

  • $325 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Outdoor Features

  • Deck
  • Patio

Utilities

  • Radiator
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,520

Year Built

1978

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1978
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1978

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Other, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 780

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Patio

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Deposit Required, Dogs OK
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 325
  • Management Phone: 000-000-0000

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14053080551010

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 4

Tax Info

  • Taxes: 2528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Mar 20, 2017
Sold by
Fannie Mae
Bought by
Tillman Ozlem Elgun
Seller's Agent
Stanislaw Krozel
Royal Service Realty Chicago Metro Properties
Buyer's Agent
Edward Jelinek
@properties Christie's International Real Estate
List Price
$231,900
Sold Price
$136,000
Premium/Discount to List
-$95,900
-41.35%
Current Estimated Value
$272,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,575
Avg. Annual Appreciation
8.81%
Original Mortgage
$50,000
Outstanding Balance
$26,596
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$250,721

Purchase Details

Closed on
Apr 19, 2016
Sold by
Bonesteel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 27, 2006
Sold by
Magnolia Thorndale Llc
Bought by
Bonesteel Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Tillman Ozlem Elgun -- Fidelity National Title
Federal National Mortgage Association -- None Available
Bonesteel Kristina $222,500 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tillman Ozlem Elgun $50,000
Previous Owner Bonesteel Kristina $178,000
Previous Owner Bonesteel Kristina $22,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2017 03/29/17 Sold $136,000 -6.1% $174 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
01/06/2017 01/06/17 Price Changed $144,900 -6.5% $186 / Sq Ft
11/29/2016 11/29/16 Price Changed $154,900 -6.1% $199 / Sq Ft
11/08/2016 11/08/16 Price Changed $164,900 -5.7% $211 / Sq Ft
10/10/2016 10/10/16 Price Changed $174,900 -5.4% $224 / Sq Ft
09/09/2016 09/09/16 Price Changed $184,900 -7.5% $237 / Sq Ft
08/08/2016 08/08/16 Price Changed $199,900 -8.3% $256 / Sq Ft
07/05/2016 07/05/16 Price Changed $217,900 -6.0% $279 / Sq Ft
06/03/2016 06/03/16 For Sale $231,900 -- $297 / 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 $3,520 $18,802 $4,587 $14,215
2023 $3,410 $20,000 $3,688 $16,312
2022 $3,410 $20,000 $3,688 $16,312
2021 $3,352 $19,999 $3,688 $16,311
2020 $2,620 $14,865 $2,120 $12,745
2019 $2,616 $16,448 $2,120 $14,328
2018 $3,249 $16,448 $2,120 $14,328
2017 $2,970 $13,795 $1,844 $11,951
2016 $2,763 $13,795 $1,844 $11,951
2015 $2,528 $13,795 $1,844 $11,951
2014 $2,116 $11,406 $1,406 $10,000
2013 $2,074 $11,406 $1,406 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09246640

Midwest Real Estate Data (MRED)

APN: 14-05-308-055-1010