1848 W Cermak Rd Unit 2 Chicago, IL 60608
Heart of Chicago NeighborhoodEstimated Value: $279,000 - $387,000
3
Beds
1
Bath
1,200
Sq Ft
$178/mo
HOA Fee
Highlights
- Living Room with Fireplace
- Formal Dining Room
- 4-minute walk to Barrett Park
About This Home
As of February 2022Nicely updated three bedroom condo in hot Pilsen neighborhood! Hardwood floors throughout, large kitchen and vintage details make this a great buy. Kitchen is very spacious with plenty of room for a large island or eating area. Living area gets a lot of light and has huge new windows. Custom archway leads to huge proper dining room ready for holiday dinners with friends and family. Back deck was recently rebuilt new and building has a new roof as well! Don't miss the gated parking spot which makes parking a snap. Parks, restaurants and museums all a short distance away.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475166209 Listed on: 01/14/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,241
Year Built
- 1881
Lot Details
- 3,136
HOA Fees
- $178 per month
Home Design
- Brick Exterior Construction
Interior Spaces
- Living Room with Fireplace
- Formal Dining Room
Parking
- Uncovered Parking
- On-Site Parking
- Parking Included in Price
Community Details
Overview
- 3 Units
- Elizabeth Lund Association, Phone Number (708) 963-9152
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2022
Closed on
Feb 16, 2022
Sold by
Gallo Elizabeth
Bought by
Alvarez Martha Y
Seller's Agent
Anthony Talamantes
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Guadalupe Chavez
Realty of America, LLC
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,371
Avg. Annual Appreciation
5.11%
Original Mortgage
$266,750
Outstanding Balance
$250,762
Interest Rate
3.65%
Estimated Equity
$73,609
Purchase Details
Listed on
Jan 14, 2022
Closed on
Feb 7, 2022
Sold by
Gallo Elizabeth
Bought by
Alvarez Martha Y
Seller's Agent
Anthony Talamantes
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Guadalupe Chavez
Realty of America, LLC
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Outstanding Balance
$250,762
Interest Rate
3.65%
Estimated Equity
$73,609
Purchase Details
Closed on
Mar 28, 2007
Sold by
Shannon Candice and Shannon Larry
Bought by
Gallo Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,860
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2004
Sold by
Pilsen Realty Development Co Llc
Bought by
Sergeant Candice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,650
Interest Rate
5.62%
Mortgage Type
Unknown
Similar Homes in Chicago, IL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarez Martha Y | $275,000 | -- | |
| Alvarez Martha Y | $275,000 | -- | |
| Gallo Elizabeth | $242,000 | Chicago Title Insurance Co | |
| Sergeant Candice | $205,000 | Pntn |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alvarez Martha Y | $266,750 | |
| Closed | Alvarez Martha Y | $266,750 | |
| Previous Owner | Gallo Elizabeth | $216,820 | |
| Previous Owner | Gallo Elizabeth | $241,860 | |
| Previous Owner | Gallo Elizabeth | $241,860 | |
| Previous Owner | Shannon Larry R | $38,000 | |
| Previous Owner | Sergeant Candice | $194,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2022 02/11/22 | Sold | $275,000 | -1.8% | $229 / Sq Ft |
| 01/23/2022 01/23/22 | Pending | -- | -- | -- |
| 01/14/2022 01/14/22 | For Sale | $280,000 | -- | $233 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,241 | $27,632 | $3,876 | $23,756 |
| 2023 | $2,241 | $14,319 | $2,462 | $11,857 |
| 2022 | $2,241 | $14,319 | $2,462 | $11,857 |
| 2021 | $2,209 | $14,317 | $2,461 | $11,856 |
| 2020 | $2,437 | $14,044 | $2,461 | $11,583 |
| 2019 | $3,154 | $15,696 | $2,461 | $13,235 |
| 2018 | $3,100 | $15,696 | $2,461 | $13,235 |
| 2017 | $3,599 | $16,717 | $2,147 | $14,570 |
| 2016 | $3,348 | $16,717 | $2,147 | $14,570 |
| 2015 | $3,063 | $16,717 | $2,147 | $14,570 |
| 2014 | $2,560 | $13,800 | $1,885 | $11,915 |
| 2013 | $2,510 | $13,800 | $1,885 | $11,915 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Talamantes
Seller's Agent in 2022
Anthony Talamantes
Berkshire Hathaway HomeServices Starck Real Estate
(312) 792-0960
1 in this area
65 Total Sales
-
Elizabeth Goodchild
Seller Co-Listing Agent in 2022
Elizabeth Goodchild
Realty of America
(847) 691-2976
1 in this area
655 Total Sales
-
Guadalupe Chavez
Buyer's Agent in 2022
Guadalupe Chavez
Realty of America, LLC
(312) 217-5654
4 in this area
58 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11304280
APN: 17-19-427-049-1002
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