NOT LISTED FOR SALE

1362 E Madison Park Unit 3 Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $390,000 - $482,000

3 Beds
2 Baths
1,950 Sq Ft
$575/mo HOA Fee

Last Sold July 21, 2014

Last sale price $281,500 $144 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,488/month

33 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Entrance Foyer
  • Kenwood Academy High School Rated A-
  • Butlers Pantry
  • Storage

About This Home

As of July 2014

Beautifully maintained, this very large condo is a must-see. Located in the private Madison Park area of Hyde Park, it has an open floor-plan & is bright & sunny. Gorgeous vintage details have been restored & updated. Hardwood flrs, French doors, newer kitchen & stainless steel appliances. All rooms are very spacious. In-unit washer & dryer. Private courtyard w/ immaculate landscaping. Permit parking in Madison Park.

Last Agent to Sell the Property

Quin O'Brien

4 Sale Realty Advantage License #471001526 Listed on: 05/02/2014

Last Buyer's Agent

Linda Lee Tuggle

Berkshire Hathaway HomeServices Chicago License #475137277

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Year Built

  • 1920

Lot Details

  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $575 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Exterior Basement Entry

Kitchen

  • Butlers Pantry
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Location

  • Property is near bus stop

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1920

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Courtyard, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1920

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 11X20, On Level: 3rd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Intercom
  • Basement: Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X18, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 09X19, On Level: 3rd Level, Flooring: Ceramic Tile
  • Kitchen Type: Pantry-Butler
  • Additional Rooms: Foyer, Pantry
  • Master Bedroom: Dimensions: 13X18, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Foyer, Dimensions: 08X10, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 2 Name: Pantry, Dimensions: 08X09, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X16, On Level: 3rd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 10X16, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 1950

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: E (East), W (West)

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiators

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 575
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 20112121381022

Multi Family

  • Total Number Unitsin Building: 25
  • Number Stories: 4

Tax Info

  • Taxes: 4398.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Cheung Anthony S and Wang Lu
Bought by
Rosenthial Michelle Ann and Nevo Amos
Current Estimated Value
$439,022

Purchase Details

Listed on
May 2, 2014
Closed on
Jul 21, 2014
Sold by
Arain Affan and Younus Kiran
Bought by
Cheung Anthony S and Wang Lu
Seller's Agent
Quin O'Brien
4 Sale Realty Advantage
Buyer's Agent
Linda Lee Tuggle
Berkshire Hathaway HomeServices Chicago
List Price
$295,000
Sold Price
$281,500
Premium/Discount to List
-$13,500
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$184,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Eder Milton and Eder Carrie
Bought by
Arain Affan and Younus Kiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
5.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 23, 2001
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Gajewski Thomas and Alegre Maria Louisa

Purchase Details

Closed on
Dec 15, 1999
Sold by
Gajewski Thomas F and Alegre Maria Luisa
Bought by
Eder Milton and Eder Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
7.37%

Purchase Details

Closed on
Nov 24, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Gajewski Thomas F and Alegre Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.12%
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 Buyer Sale Price Title Company
Rosenthial Michelle Ann $343,000 First American Title
Cheung Anthony S $281,500 Greater Metropolitan Title L
Arain Affan $274,000 Multiple
Gajewski Thomas -- --
Eder Milton $227,000 Chicago Title Insurance Co
Gajewski Thomas F $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheung Anthony S $184,000
Previous Owner Arain Affan $219,200
Previous Owner Eder Milton $204,300
Previous Owner Gajewski Thomas F $132,000
Closed Gajewski Thomas F $16,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2014 07/21/14 Sold $281,500 -4.6% $144 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $295,000 -- $151 / 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
2025 $7,344 $36,842 $5,820 $31,022
2024 $7,344 $36,842 $5,820 $31,022
2023 $7,112 $38,000 $4,694 $33,306
2022 $7,112 $38,000 $4,694 $33,306
2021 $7,641 $37,999 $4,693 $33,306
2020 $5,932 $26,630 $3,755 $22,875
2019 $5,826 $29,000 $3,755 $25,245
2018 $5,728 $29,000 $3,755 $25,245
2017 $5,721 $26,574 $3,097 $23,477
2016 $4,822 $26,574 $3,097 $23,477
2015 $4,870 $26,574 $3,097 $23,477
2014 $4,534 $27,008 $2,534 $24,474
2013 $4,434 $27,008 $2,534 $24,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08603712

Midwest Real Estate Data (MRED)

APN: 20-11-212-138-1022