NOT LISTED FOR SALE

1523 S Laramie Ave Unit 3A Cicero, IL 60804

Estimated Value: $108,000 - $129,000

2 Beds
1 Bath
-- Sq Ft
$187/mo HOA Fee

Last Sold December 22, 2022

Last sale price $98,500

Est. 21% increase in value since last sale

Current estimated payment $982/month

2 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Heating System Uses Natural Gas
  • Central Air

About This Home

As of December 2022

Great Condominium in a central location. Perfect for your first home or if you are downsizing. The condo faces the front of the building with tree top views. The building offers an exercise room, large storage room, all in a convenient location in close proximity to schools, shopping, public transportation, and highways. There is also an activity room and laundry facilities in the building. Hurry!!!

Last Agent to Sell the Property

Lorenzo Sanchez

Engel & Voelkers Chicago Listed on: 10/28/2022

Engel & Voelkers Chicago

Last Buyer's Agent

Luis Perez

Realty of America, LLC License #471022436

Realty of America, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,561

Year Built

  • 1963

Lot Details

  • 10,062

HOA Fees

  • $187 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance
  • 18 Units
  • Luis Garcia Association, Phone Number (708) 692-8847

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,561

Year Built

1963

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • 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: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1963

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Concrete Block
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 93750
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 187
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Luis Garcia
  • Management Phone: 708-692-8847
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance

Schools

  • Middle/Junior School District: 99

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1561.49
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Nov 30, 2022
Sold by
Lopez Cesar
Bought by
Espinoza Jose L and Espinoza Maria
Seller's Agent
Lorenzo Sanchez
Engel & Voelkers Chicago
Buyer's Agent
Luis Perez
Realty of America, LLC
List Price
$93,750
Sold Price
$98,500
Premium/Discount to List
$4,750
5.07%
Total Days on Market
2
Views
38
Current Estimated Value
$119,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,055
Avg. Annual Appreciation
8.23%
Original Mortgage
$78,800
Outstanding Balance
$76,888
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$42,667

Purchase Details

Closed on
Jun 27, 2007
Sold by
Salgado Maria and Salgado Rogelio
Bought by
Lopez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1998
Sold by
Pinnacle Bank
Bought by
Salgado Rogelio and Salgado Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,550
Interest Rate
7.2%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Espinoza Jose L $98,500 None Listed On Document
Lopez Cesar $109,500 Superior Title Co
Salgado Rogelio $60,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Jose L $78,800
Previous Owner Lopez Cesar $200,000
Previous Owner Lopez Cesar $109,250
Previous Owner Salgado Rogelio $8,000
Previous Owner Salgado Rogelio $58,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $98,500 +5.1% --
10/31/2022 10/31/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $93,750 -- --
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 $1,486 $8,642 $518 $8,124
2023 $1,486 $8,642 $518 $8,124
2022 $1,486 $6,825 $386 $6,439
2021 $1,508 $6,823 $385 $6,438
2020 $1,561 $6,823 $385 $6,438
2019 $1,173 $5,833 $349 $5,484
2018 $1,280 $6,127 $349 $5,778
2017 $1,259 $6,127 $349 $5,778
2016 $1,136 $4,864 $289 $4,575
2015 $1,063 $4,864 $289 $4,575
2014 $1,049 $4,864 $289 $4,575
2013 $1,252 $5,660 $289 $5,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11662338

Midwest Real Estate Data (MRED)

APN: 16-21-224-042-1013