NOT LISTED FOR SALE

1656 W Farwell Ave Unit 1F Chicago, IL 60626

Rogers Park Neighborhood

Estimated Value: $263,000 - $327,000

3 Beds
2 Baths
1,356 Sq Ft
$307/mo HOA Fee

Last Sold April 26, 2023

Last sale price $265,000 $195 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,147/month

1 Day on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Formal Dining Room
  • Deck
  • Whirlpool Bathtub
  • Fenced Yard

About This Home

As of April 2023

Rare 3 bedroom, 2 bath condominium in Rogers Park! Huge living room with exposed brick and hardwood floors throughout. This unit features stainless appliances, granite countertops, and Italian cabinets; primary bathroom with a whirlpool tub, separate shower, double vanity; in unit washer and dryer, central air conditioning and gas forced air heat; plus extra basement storage. Beautifully restored in 2005, this vintage building has been professionally landscaped. No parking with the unit, but there are many rental parking options available in the area. Close to public transportation, restaurants and shopping. New roof was put in 2 years ago, and the loan for this unit is completely paid off. No upcoming assessments or planned work. Building is FHA approved!

Last Agent to Sell the Property

Hannah Strauss

Fulton Grace Realty License #475202002 Listed on: 03/06/2023

Fulton Grace Realty

Last Buyer's Agent

Michael Laubach

Compass License #475168507

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,619

Year Built | Renovated

  • 1924 | 2005

Lot Details

  • 0.4

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,356 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Deck
  • Fenced Yard

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 39 Units
  • Steve Salinas Association, Phone Number (312) 659-9096
  • Low-Rise Condominium
  • Farwell Avenue Condos Subdivision
  • Property managed by Fourth Group
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,619

Year Built | Renovated

1924 | 2005

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Subdivision Name: Farwell Avenue Condos
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2005
  • Rebuilt Year: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1924
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1356
  • Other Equipment: Humidifier, TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 260000
  • Lot Features: Common Grounds, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 307
  • Association Amenities: Bike Room/Bike Trails, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Fourth Group
  • Management Contact Name: Steve Salinas
  • Management Phone: 312-659-9096
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

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: 3619.46
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 10, 2023
Sold by
Yelton Jonathan
Bought by
Merrell Laurie A and Halterman Erik F
Seller's Agent
Hannah Strauss
Fulton Grace Realty
Buyer's Agent
Michael Laubach
Compass
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Total Days on Market
1
Views
76
Current Estimated Value
$298,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,080
Avg. Annual Appreciation
5.68%
Original Mortgage
$238,500
Outstanding Balance
$232,462
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$65,618

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 10, 2018
Sold by
Milliken Megan D and Milliken Shannon M
Bought by
Yelton Jonathan and Yelton Meredith
Seller's Agent
Kevin Williams
@properties Christie's International Real Estate
Buyer's Agent
Debra Dobbs
Compass
List Price
$235,000
Sold Price
$227,000
Premium/Discount to List
-$8,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$220,190
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2005
Sold by
Farwell Court Inc
Bought by
Milliken Megan D and Milliken Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,040
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Merrell Laurie A $265,000 Proper Title
Yelton Jonathan $227,000 Precision Title
Milliken Megan D $265,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrell Laurie A $238,500
Previous Owner Yelton Jonathan $218,000
Previous Owner Yelton Jonathan $220,190
Previous Owner Milliken Megan D $217,100
Previous Owner Milliken Megan D $220,000
Previous Owner Milliken Megan D $214,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $265,000 +1.9% $195 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $260,000 +14.5% $192 / Sq Ft
08/17/2018 08/17/18 Sold $227,000 -3.4% --
06/08/2018 06/08/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $235,000 -- --
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 $3,098 $25,021 $1,321 $23,700
2023 $2,999 $18,000 $1,057 $16,943
2022 $2,999 $18,000 $1,057 $16,943
2021 $3,619 $17,999 $1,056 $16,943
2020 $2,549 $11,442 $851 $10,591
2019 $2,563 $12,756 $851 $11,905
2018 $2,520 $12,756 $851 $11,905
2017 $2,713 $12,603 $763 $11,840
2016 $2,853 $14,243 $763 $13,480
2015 $2,264 $12,354 $763 $11,591
2014 $3,674 $19,801 $704 $19,097
2013 $3,601 $19,801 $704 $19,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11731118

Midwest Real Estate Data (MRED)

APN: 11-31-222-041-1019