NOT LISTED FOR SALE

1939 W Albion Ave Unit 2 Chicago, IL 60626

West Ridge Neighborhood

Estimated Value: $168,000 - $179,000

2 Beds
1 Bath
1,000 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $55,000 $55 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,142/month

About This Home

As of September 2016

CONVENIENT LOCATION 2 BEDROOM, 1BATH CONDO IN RIDGEWOOD ESTATES. HARD WOOD FLOOR, SWIMMING POOL, SEPARATE WASHER AND DRYER, STORAGE AND LOT MORE. SECTION -8 ACCEPTED BY OWNER

Last Agent to Rent the Property

Wilson Igbinosa

Wilson O Igbinosa License #471015477 Listed on: 08/24/2016

Last Renter's Agent

Wilson Igbinosa

Wilson O Igbinosa License #471015477 Listed on: 08/24/2016

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,321

Year Built

  • 1960

Lot Details

  • 3.6

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$2,321

Year Built

1960

Lot Details

0

Rental Info

  • Available: 08/25/2016
  • Lease Terms: 1 Year Lease
  • Monthly Lot Rental Included: Water, Parking, Pool
  • Security Deposit: 1300
  • Short Term Lease Ok: Yes

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Type Attached: Condo
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Special Features: None
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Number Of Rooms: 4
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X13
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Living Room Level: 2nd Level
  • Living Room Size: 18X12
  • Kitchen Level: 2nd Level
  • Kitchen Size: 12X08
  • Laundry Level: Basement
  • Laundry Size: 14X14
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 52
  • Parking: Space/s
  • Number Parking Spaces: 52
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Cooling: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: On Site Manager/Engineer, Pool-Outdoors

Fee Information

  • Management Company: GLOBAL PARTNERS PLUS

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: LESS THAN .25
  • Lot Description: Rear of Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Aug 2, 2016
Sold by
Ad Ken Corporate Associates Inc
Bought by
Adeoyil Bolarinwa A
Seller's Agent
Wilson Igbinosa
Wilson O Igbinosa
Buyer's Agent
Wilson Igbinosa
Wilson O Igbinosa
Sold Price
$1,250
Current Estimated Value
$174,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,216

Purchase Details

Listed on
Mar 4, 2013
Closed on
May 16, 2014
Sold by
Igbinosa Wilson Osahon and Igbinosa Martinna
Bought by
Ad Ken Corporate Associate Inc
Seller's Agent
Nadia Appel
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
John-Galbert Kpatcha
Wilson O Igbinosa
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Igbinosa Martinna A
Bought by
Igbinosa Wilson Osahon and Igbinosa Martinna

Purchase Details

Closed on
Jun 10, 2004
Sold by
Mihailov Tiberius
Bought by
Ekeson Martinna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,103
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2002
Sold by
Chaudhry Mehmood A
Bought by
Mihailov Tiberius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 8, 2001
Sold by
Bania Jozef
Bought by
Chaudhy Mehmood A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
7.14%
Mortgage Type
Balloon

Purchase Details

Closed on
May 2, 1997
Sold by
Purdy Daniel C
Bought by
Bania Jozef
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adeoyil Bolarinwa A $500 None Available
Ad Ken Corporate Associate Inc $55,000 Old Republic National Title
Igbinosa Wilson Osahon -- --
Ekeson Martinna A $160,000 Multiple
Mihailov Tiberius $121,500 --
Chaudhy Mehmood A $107,000 Stewart Title
Bania Jozef $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ekeson Martinna A $155,103
Previous Owner Mihailov Tiberius $97,200
Previous Owner Chaudhy Mehmood A $96,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2016 09/05/16 Rented $1,250 0.0% --
08/26/2016 08/26/16 Price Changed $1,250 -3.8% $1 / Sq Ft
08/24/2016 08/24/16 For Rent $1,300 0.0% --
05/16/2014 05/16/14 Sold $55,000 0.0% --
05/13/2014 05/13/14 Pending -- -- --
02/16/2014 02/16/14 Off Market $55,000 -- --
01/24/2014 01/24/14 Price Changed $59,900 -7.7% --
01/10/2014 01/10/14 Price Changed $64,900 -7.2% --
08/29/2013 08/29/13 Price Changed $69,900 +16.7% --
08/28/2013 08/28/13 For Sale $59,900 +8.9% --
03/27/2013 03/27/13 Off Market $55,000 -- --
03/04/2013 03/04/13 For Sale $59,900 -- --
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 $2,321 $14,654 $3,654 $11,000
2023 $2,262 $11,001 $2,924 $8,077
2022 $2,262 $11,001 $2,924 $8,077
2021 $2,212 $10,999 $2,923 $8,076
2020 $1,487 $6,674 $2,761 $3,913
2019 $1,488 $7,405 $2,761 $4,644
2018 $1,463 $7,405 $2,761 $4,644
2017 $1,079 $5,014 $2,436 $2,578
2016 $1,004 $5,014 $2,436 $2,578
2015 $919 $5,014 $2,436 $2,578
2014 $1,674 $9,020 $2,192 $6,828
2013 $1,641 $9,020 $2,192 $6,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09324816

Midwest Real Estate Data (MRED)

APN: 11-31-400-051-1026