NOT LISTED FOR SALE

1506 W Grand Ave Unit 2E Chicago, IL 60642

West Town Neighborhood

Estimated Value: $490,836 - $594,000

2 Beds
2 Baths
1,400 Sq Ft
$281/mo HOA Fee

Last Sold July 01, 2020

Last sale price $417,000 $298 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,695/month

5 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Detached Garage
  • Whirlpool Bathtub
  • Balcony
  • 2-minute walk to Bickerdike (George) Square Park

About This Home

As of July 2020

TODAY'S YOUR LUCKY DAY. HUGE $10,000 PRICE REDUCTION ON THIS BEAUTY. YOU'LL LOVE TO COME HOME TO THIS ULTRA-SPACIOUS HOME. IMPRESS YOUR FRIENDS WITH A PRIVATE ELEVATOR DIRECTLY TO YOUR UNIT, 1 GARAGE SPACE, GATED ENTRY, ALL HARDWOOD FLOORS, RECESSED LIGHTING, WHOLE-HOUSE SPEAKER SYSTEM, GOURMET KITCHEN W/ STAINLESS APPLIANCES, GRANITE COUNTERS AND BACKSPLASH, OVERSIZED BREAKFAST BAR. BRIGHT AND AIRY W/ SOUTHERN VIEWS OF THE CITY. MASTER BEDROOM EASILY FITS KING BED PLUS DRESSERS, WIC, BEDROOM 2 WITH DUAL CLOSETS CURRENTLY BEING USED AS AN OFFICE,IN-UNIT LAUNDRY, 2 FULL BATHS, SMART THERMOSTAT, 4 YR. A/C, FRONT AND BACK BALCONIES, PLUS GENEROUS FIRST FLOOR STORAGE UNIT. CLOSE TO NITE-LIFE, RESTAURANTS, BLUE LINE, GRAND BUS, & SHORT DRIVE TO EXPRESSWAYS. PERFECT WEST TOWN/ NOBLE SQUARE LOCATION. WHAT MORE CAN YOU ASK FOR? MAKE YOUR MOVE BEFORE IT'S GONE ! WON'T LAST AT THIS PRICE! L.A. RELATED TO SELLER *

Last Agent to Sell the Property

Linda Hanna

HomeSmart Realty Group License #475127093 Listed on: 05/30/2020

HomeSmart Realty Group

Last Buyer's Agent

Joseph Kotoch

Compass License #475158180

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,825

Year Built

  • 2003

Lot Details

  • 6,360

HOA Fees

  • $281 per month

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Southern Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $500 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,825

Year Built

2003

Lot Details

0

HOA Fees

$281 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 2
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2003

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X19, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, TV-Dish, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage, Whirlpool
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 281
  • Management Contact Name: BRIAN KURTOVIC
  • Management Phone: 773-769-3370

Fee Information

  • Management Company: SUPERIOR C & M MANAGEMENT

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17081210451003

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 4

Tax Info

  • Taxes: 5698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jul 1, 2020
Sold by
Hannas Ryan P
Bought by
Akinrinade Akinjide
Seller's Agent
Linda Hanna
HomeSmart Realty Group
Buyer's Agent
Joseph Kotoch
Compass
List Price
$419,000
Sold Price
$417,000
Premium/Discount to List
-$2,000
-0.48%
Current Estimated Value
$538,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,709
Avg. Annual Appreciation
4.81%
Original Mortgage
$396,150
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2014
Closed on
Feb 13, 2015
Sold by
Gaspar Cynthia
Bought by
Hanna Ryan P
Seller's Agent
Eva Ustupski
@properties Christie's International Real Estate
Buyer's Agent
Linda Hanna
HomeSmart Realty Group
List Price
$385,000
Sold Price
$360,000
Premium/Discount to List
-$25,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$342,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
T & B Ventures Llc
Bought by
Gaspar Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.39%
Mortgage Type
Unknown
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
Akinrinade Akinjide $417,000 Fidelity National Title
Hanna Ryan P $360,000 Attorneys Title Guaranty Fun
Gaspar Cynthia $345,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinrinade Akinjide $390,000
Closed Akinrinade Akinjide $390,000
Previous Owner Akinrinade Akinjide $396,150
Previous Owner Hanna Ryan P $342,000
Previous Owner Gaspar Cynthia $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $417,000 -0.5% $298 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $419,000 +16.4% $299 / Sq Ft
02/13/2015 02/13/15 Sold $360,000 +2.9% --
01/13/2015 01/13/15 Pending -- -- --
11/04/2014 11/04/14 Price Changed $350,000 -6.7% --
09/25/2014 09/25/14 Price Changed $375,000 -2.6% --
07/07/2014 07/07/14 For Sale $385,000 -- --
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
2024 $6,825 $39,814 $5,014 $34,800
2023 $6,633 $32,250 $2,288 $29,962
2022 $6,633 $32,250 $2,288 $29,962
2021 $6,485 $32,249 $2,288 $29,961
2020 $5,839 $29,313 $2,288 $27,025
2019 $5,797 $32,281 $2,288 $29,993
2018 $5,698 $32,281 $2,288 $29,993
2017 $5,058 $26,869 $2,018 $24,851
2016 $4,881 $26,869 $2,018 $24,851
2015 $5,282 $31,449 $2,018 $29,431
2014 $3,210 $19,870 $1,716 $18,154
2013 $3,136 $19,870 $1,716 $18,154
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Linda Hanna

    HomeSmart Realty Group

    (708) 320-0002

    2 Total Sales

    Linda Hanna
    Section Image
  • Joseph Kotoch

    Buyer's Agent in 2020

    Joseph Kotoch

    Compass

    (773) 727-1093

    12 in this area

    204 Total Sales

    Joseph Kotoch
    Section Image
  • Eva Ustupski

    Seller's Agent in 2015

    Eva Ustupski

    @ Properties

    (312) 506-0217

    11 Total Sales

    Eva Ustupski
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10730124

Midwest Real Estate Data (MRED)

APN: 17-08-121-045-1003

Illinois Cook County Chicago 60642 West Town

1506 W Grand Ave Unit 2E, Chicago, IL

This home is located at 1506 W Grand Ave Unit 2E, Chicago, IL 60642 since 30 May 2020 and is currently estimated at $538,709, approximately $384 per square foot. This property was built in 2003. 1506 W Grand Ave Unit 2E is a home located in Cook County with nearby schools including Otis Elementary School, Wells Community Academy High School, and Rauner College Prep.

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