NOT LISTED FOR SALE

1626 W Farwell Ave Unit 2E Chicago, IL 60626

Rogers Park Neighborhood

Estimated Value: $157,000 - $165,337

2 Beds
1 Bath
-- Sq Ft
0.39 Acres Lot

Sale Details

Date Sold: August 13, 2021

Last sale price $115,000

Est. 40% increase in value since last sale

Current estimated payment $1,226 / mo

199 Days on Market

Highlights

  • Courtyard
  • Zero Lot Line
  • Combination Dining and Living Room
  • Resident Manager or Management On Site
  • Forced Air Heating and Cooling System
  • Coin Laundry

About This Home

As of August 2021

VERY NICE TWO BEDROOM CONDO IN ROGERS PARK. HARDWOOD FLOORS, MAPLE CABINETS AND CERAMIC TILE IN THE KITCHEN. WELL MAINTAINED BUILDING WITH BEAUTIFUL COMMON AREAS. UNIT CAN BE RENTED ONLY AFTER THE OWNER HAS OCCUPIED FOR 1 YEAR. CLOSE TO TRANSPORTATION AND ABOUT 4 BLOCKS TO THE LAKE.

Last Agent to Sell the Property

Ndawi Okeke

Century 21 Universal License #471012464 Listed on: 12/09/2020

Century 21 Universal

Last Buyer's Agent

Elena Dan

Realty Advisors Elite LLC License #475145433

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1924

Lot Details

  • 0.39

HOA Fees

  • $239 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Box Stalls

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Additional Features

  • Courtyard
  • Zero Lot Line

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, scavenger, snow removal
  • 37 Units
  • Manager Association, Phone Number (773) 570-0188
  • Property managed by PROPERTY SYNERGY

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,871

Year Built

Built in 1924

Lot Details

0.39 Acres

HOA Fees

$239 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard
  • Year Built: 1924
  • Age: 91-100 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: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range
  • 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: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: South
  • ExteriorFeatures: Box Stalls
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 239
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: PROPERTY SYNERGY
  • Management Contact Name: MANAGER
  • Management Phone: 773-570-0188

Fee Information

  • Association Fee Includes: Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1871.12
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Aug 13, 2021
Sold by
Owomoyela Folarin and Owomoyela Adebanke
Bought by
Otgonbat Orkhon
Seller's Agent
Ndawi Okeke
Century 21 Universal
Buyer's Agent
Elena Dan
Realty Advisors Elite LLC
Sold Price
$115,000
Current Estimated Value
$161,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,084
Avg. Annual Appreciation
7.47%
Original Mortgage
$92,000
Outstanding Balance
$83,568
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$77,516

Purchase Details

Closed on
Apr 28, 2005
Sold by
Lorens Mariusz
Bought by
Owomoyela Folarin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2002
Sold by
1622 & 30 W Farwell Llc
Bought by
Lorens Mariusz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
6%
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
Otgonbat Orkhon $115,000 Chicago Title
Owomoyela Folarin $147,000 Marquis Title
Lorens Mariusz $103,000 Mercury Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otgonbat Orkhon $92,000
Previous Owner Owomoyela Folarin $117,600
Previous Owner Lorens Mariusz $82,400
Closed Owomoyela Folarin $29,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $115,000 0.0% --
07/30/2021 07/30/21 Off Market $115,000 -- --
06/25/2021 06/25/21 Pending -- -- --
06/21/2021 06/21/21 For Sale -- -- --
06/09/2021 06/09/21 Pending -- -- --
06/08/2021 06/08/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $125,000 -3.1% --
01/11/2021 01/11/21 Price Changed $129,000 -7.9% --
12/08/2020 12/08/20 For Sale $140,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,670 $14,390 $1,031 $13,359
2024 $1,670 $14,390 $1,031 $13,359
2023 $1,607 $11,232 $825 $10,407
2022 $1,607 $11,232 $825 $10,407
2021 $1,589 $11,231 $824 $10,407
2020 $1,170 $8,355 $664 $7,691
2019 $1,871 $9,313 $664 $8,649
2018 $1,840 $9,313 $664 $8,649
2017 $1,705 $7,921 $595 $7,326
2016 $1,586 $7,921 $595 $7,326
2015 $1,451 $7,921 $595 $7,326
2014 $2,144 $11,555 $549 $11,006
2013 $2,102 $11,555 $549 $11,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10949757

Midwest Real Estate Data (MRED)

APN: 11-31-222-035-1014

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