NOT LISTED FOR SALE

Estimated Value: $121,000 - $134,000

-- Bed
1 Bath
700 Sq Ft
$430/mo HOA Fee

Last Sold August 16, 2022

Last sale price $115,000 $164 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,219/month

8 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Living Room
  • Kenwood Academy High School Rated A-
  • Elevator
  • 4-minute walk to Spruce Park

About This Home

As of August 2022

Large studio in iconic building designed by renowned architect I.M. Pei. The apartment was completely refurbished last year (2021) with new wooden flooring, kitchen with white shaker cabinetry, fridge/freezer, microwave & stove. It was also furnished with new AC unit, sofa, full bed, desk, chair, and a fully stocked kitchen with plates, cutlery, and cooking equipment, etc. The 4th floor apartment has floor to ceiling windows that provide breathtaking views of the city but with complete privacy. There's also a spacious walk-in closet and newly finished bathroom. The apartment also comes with a storage locker in the basement, where you'll also find the laundry and mail room. Building offers full amenities, including outdoor pool and gym (for a small fee), 24hr doorman/security and mail receiving service. The location is fantastic: only 1 block away from Trader Joe's and 10 mins walk to campus. UChicago buses also stop right outside the building. The building is investor friendly and currently generating approx 20% ROI. Please note, the property is being sold AS-IS--INCLUDING ALL THE FURNITURE (essentially everything you see in the photos except artwork and soft furnishings).

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #471012933 Listed on: 06/06/2022

Last Buyer's Agent

Catherine Nearpass

John Berdan License #475171509

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1963

Lot Details

  • 5.61

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 700 Sq Ft Home
  • Living Room

Kitchen

  • Range
  • Microwave

Parking

  • Uncovered Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating

Community Details

Overview

  • Association fees include heat, water, electricity, parking, insurance, security, lawn care, scavenger, snow removal
  • 540 Units
  • Office Manager Association, Phone Number (773) 324-1414
  • Property managed by University Park Condo Association
  • 10-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,078

Year Built

Built in 1963

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Studio
  • Year Built: 1963
  • Age: 51-60 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: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 0
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 430
  • Association Amenities: Elevator(s), Exercise Room, Storage, Pool
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: University Park Condo Association
  • Management Contact Name: Office Manager
  • Management Phone: 773-324-1414
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Electricity, Parking, Insurance, Security, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1078.19
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 29, 2022
Sold by
Cam Vinh
Bought by
Lu Jia and Lin Tian
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Catherine Nearpass
John Berdan
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$129,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,105
Avg. Annual Appreciation
3.47%

Purchase Details

Listed on
Jan 8, 2021
Closed on
Aug 13, 2021
Sold by
Z Fmtnctal Illinois G Properties Llc
Bought by
Cam Vinh
Seller's Agent
Frank Montro
Keller Williams Preferred Rlty
Buyer's Agent
Antonia DiMeola
RE/MAX Premier
List Price
$105,000
Sold Price
$93,000
Premium/Discount to List
-$12,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.40%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Orr David D
Bought by
Z Financial Illinois G Properties Llc

Purchase Details

Closed on
Sep 12, 1995
Sold by
Foster Osie and Foster Dorthelia
Bought by
Barman Nitin
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
Lu Jia $115,000 None Listed On Document
Cam Vinh $93,000 Stewart Title Company
Z Financial Illinois G Properties Llc -- None Available
Barman Nitin $21,500 Attorneys Natl Title Network
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $115,000 0.0% $164 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $115,000 +23.7% $164 / Sq Ft
08/13/2021 08/13/21 Sold $93,000 -11.4% -- View Prior Sale
07/21/2021 07/21/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $105,000 -- --
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 $1,376 $8,580 $1,857 $6,723
2024 $1,376 $8,580 $1,857 $6,723
2023 $1,337 $6,500 $1,498 $5,002
2022 $1,337 $6,500 $1,498 $5,002
2021 $1,307 $6,499 $1,497 $5,002
2020 $1,078 $4,840 $1,198 $3,642
2019 $1,059 $5,271 $1,198 $4,073
2018 $1,041 $5,271 $1,198 $4,073
2017 $300 $4,768 $988 $3,780
2016 $455 $4,768 $988 $3,780
2015 $393 $4,768 $988 $3,780
2014 $606 $5,836 $808 $5,028
2013 $583 $5,836 $808 $5,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11425814

Midwest Real Estate Data (MRED)

APN: 20-14-202-076-1093