NOT LISTED FOR SALE

1940 E 72nd Place Unit 1B Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $71,000 - $115,377

2 Beds
1 Bath
1,100 Sq Ft
$500/mo HOA Fee

Last Sold April 02, 2019

Last sale price $35,000 $32 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,059/month

142 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Bryn Mawr Station
  • Galley Kitchen
  • Sun or Florida Room
  • Corner Lot
  • Property is near a bus stop

About This Home

As of April 2019

$11,000 Price Reduction!! Attractive and spacious condo located in a stately walk-up building located in the desirable South Shore neighborhood. This South Shore gem has 2 bedrooms, 1 bathroom, beautiful hardwood floors, full cabinet eat-in kitchen and an open living and dining room that brings in lots of sunlight.This is a Freddie Mac / HomeSteps property and the First Look period for owner occupant purchasers has expired.

Last Agent to Sell the Property

Ronald Branch

RLB Realty Group, Inc. License #471007409 Listed on: 10/10/2018

Last Buyer's Agent

Chareda Carter

O'ANIF Real Estate & Development License #471010876

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $529

Year Built

  • 1920

Lot Details

  • 10,193

HOA Fees

  • $500 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Sun or Florida Room
  • Wood Flooring
  • Galley Kitchen

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Southern Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$529

Year Built

1920

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1920

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Equipment: TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 13X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Sunroom, Dimensions: 9X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1100

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exposure: S (South)

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 99
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 500
  • Management Phone: 111-111-1111

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 20251210181007

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 1

Tax Info

  • Taxes: 1838.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2019
Sold by
Stephens Chelsea
Bought by
Cbd Lewis Llc
Current Estimated Value
$93,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 10, 2018
Closed on
Mar 20, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stephens Chelsea
Seller's Agent
Ronald Branch
RLB Realty Group, Inc.
Buyer's Agent
Chareda Carter
O'ANIF Real Estate & Development
List Price
$52,500
Sold Price
$35,000
Premium/Discount to List
-$17,500
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$120,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2018
Sold by
Hunter Latrisha
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cbd Lewis Llc -- Citywide Title Corporation
Stephens Chelsea $35,000 Attorneys Ttl Guaranty Fund
Federal Home Loan Mortgage Corp -- Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cbd Lewis Llc $700,000
Previous Owner Cbd Lewis Llc $120,000
Previous Owner Hunter Latrisha $20,000
Previous Owner Hunter Latrisha $84,089
Previous Owner Hunter Latrisha $85,000
Previous Owner Hunter Latrisha $84,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $35,000 -15.7% $32 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $41,500 -3.3% $38 / Sq Ft
01/10/2019 01/10/19 Price Changed $42,900 -4.5% $39 / Sq Ft
12/27/2018 12/27/18 Price Changed $44,900 -2.2% $41 / Sq Ft
12/12/2018 12/12/18 Price Changed $45,900 -4.2% $42 / Sq Ft
11/30/2018 11/30/18 Price Changed $47,900 -4.0% $44 / Sq Ft
11/12/2018 11/12/18 Price Changed $49,900 -5.0% $45 / Sq Ft
10/10/2018 10/10/18 For Sale $52,500 -- $48 / Sq Ft
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 $529 $9,747 $587 $9,160
2023 $514 $2,500 $978 $1,522
2022 $514 $2,500 $978 $1,522
2021 $503 $2,499 $977 $1,522
2020 $2,555 $11,467 $703 $10,764
2019 $1,861 $12,692 $703 $11,989
2018 $1,828 $12,692 $703 $11,989
2017 $1,787 $11,677 $625 $11,052
2016 $1,839 $11,677 $625 $11,052
2015 $1,659 $11,677 $625 $11,052
2014 $1,474 $10,515 $527 $9,988
2013 $1,434 $10,515 $527 $9,988
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10111097

Midwest Real Estate Data (MRED)

APN: 20-25-121-018-1007