NOT LISTED FOR SALE

1616 W Rascher Ave Unit 2W Chicago, IL 60640

Andersonville Neighborhood

Estimated Value: $387,995 - $440,000

2 Beds
1 Bath
-- Sq Ft
$295/mo HOA Fee

Last Sold April 02, 2020

Last sale price $314,000

Est. 32% increase in value since last sale

Current estimated payment $2,916/month

4 Days on Market

Highlights

  • Stainless Steel Appliances
  • Property is near a bus stop
  • Southern Exposure
  • Entrance Foyer
  • Central Air
  • 3-minute walk to Mellin Park

About This Home

As of April 2020

HOT ANDERSONVILLE! One of the city's most desired neighborhoods. Less than a block from Clark Street and all the fabulous restaurants, shopping and more. Light and bright two bedroom, one bath has everything you're looking for: In-unit laundry, Central A/C, HUGE back deck perfect for your morning coffee or dining with friends. There's an abundance of closets. Beautiful all white bath. Plus a storage room in basement. Freshly painted and meticulously maintained. Don't wait, this one won't last. PARKING INCLUDED! FIVE STAR LOCATION!

Last Agent to Sell the Property

Elizabeth Isaacs

Baird & Warner License #475162490 Listed on: 01/21/2020

Last Buyer's Agent

Jill Hare

Jameson Sotheby's Intl Realty License #475130581

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1914 | 2001

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $295 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Finished Basement Bathroom

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • Entrance Foyer
  • North or South Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Year Built | Renovated

1914 | 2001

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2001
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1914
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1914
  • Year Renovated: 2001

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Basement: Partial
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 7X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level
  • Additional Room 1 Name: Foyer, Dimensions: 7X7, On Level: Main Level
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), S (South), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Scavenger
  • Assessment Association Fees: 295
  • Management Contact Name: Patrick Clay
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self Managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 14072070421005

Multi Family

  • Total Number Unitsin Building: 7
  • Number Stories: 3

Tax Info

  • Taxes: 4056.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 25, 2020
Sold by
Andrews Barbara A
Bought by
Davis Heather L
Seller's Agent
Elizabeth Isaacs
Baird & Warner
Buyer's Agent
Jill Hare
Jameson Sotheby's Intl Realty
List Price
$315,000
Sold Price
$314,000
Premium/Discount to List
-$1,000
-0.32%
Current Estimated Value
$415,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,749
Avg. Annual Appreciation
5.07%
Original Mortgage
$298,300
Outstanding Balance
$264,258
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$151,491

Purchase Details

Closed on
Apr 4, 2005
Sold by
Mannella Paul and Mochalski Kathryn
Bought by
Andrews Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2000
Sold by
Foreit Properties Llc
Bought by
Schalenkamp Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,300
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1999
Sold by
Foreit Properties Llc
Bought by
Mannella Paul and Mochalski Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.72%
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
Davis Heather L $314,000 Chicago Title
Andrews Barbara A $285,000 Atg Search
Schalenkamp Laura B $205,000 Chicago Title Insurance Co
Mannella Paul $195,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Heather L $298,300
Previous Owner Andrews Barbara A $256,500
Previous Owner Schalenkamp Laura B $179,300
Previous Owner Mannella Paul $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2020 04/02/20 Sold $314,000 -0.3% --
01/25/2020 01/25/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $315,000 -- --
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 $5,208 $34,127 $6,716 $27,411
2023 $5,055 $28,000 $5,399 $22,601
2022 $5,055 $28,000 $5,399 $22,601
2021 $4,961 $27,999 $5,399 $22,600
2020 $4,135 $24,147 $3,104 $21,043
2019 $4,128 $26,718 $3,104 $23,614
2018 $4,056 $26,718 $3,104 $23,614
2017 $3,530 $22,474 $2,699 $19,775
2016 $3,644 $22,474 $2,699 $19,775
2015 $3,294 $22,474 $2,699 $19,775
2014 $3,601 $21,979 $2,058 $19,921
2013 $3,519 $21,979 $2,058 $19,921
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Isaacs

    Seller's Agent in 2020

    Elizabeth Isaacs

    Baird & Warner

    (630) 927-8022

    1 in this area

    13 Total Sales

    Elizabeth Isaacs
    Section Image
  • Jill Hare

    Buyer's Agent in 2020

    Jill Hare

    Jameson Sotheby's Intl Realty

    (312) 560-2617

    1 in this area

    74 Total Sales

    Jill Hare
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10615674

Midwest Real Estate Data (MRED)

APN: 14-07-207-042-1005

Illinois Cook County Chicago 60640 Andersonville

1616 W Rascher Ave Unit 2W, Chicago, IL

Not Listed for Sale

Condos

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