NOT LISTED FOR SALE

1940 W Albion Ave Unit 2 Chicago, IL 60626

West Ridge Neighborhood

Estimated Value: $174,000 - $214,000

2 Beds
1 Bath
950 Sq Ft
$309/mo HOA Fee

Last Sold December 21, 2020

Last sale price $135,000 $142 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,496/month

76 Days on Market

Highlights

  • In Ground Pool
  • Storage
  • East or West Exposure
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

Ridgewood Estates! A very nice 2-Bedrooms, 1-Bath second floor unit overlooking professionally landscaped courtyard! Recent updates with New just installed Vinyl Plank waterer prove floor through-out the unit, all new windows, all new doors and baseboards, freshly painted ,new beautiful large bath ! newer kitchen cabinets with ceramic tiles and kitchen granite counter-top. Low real estate taxes! Outdoor swimming pool and garden BBQ! Semi private basement with washer and dryer! Close to public transportation, shops, park, Golf course, walking trail, and everything of daily life necessities! Assigned 1-parking space #89 included! Rent is allowed.

Last Agent to Sell the Property

Salko Dracic

American International Realty License #475144373 Listed on: 08/25/2020

American International Realty

Last Buyer's Agent

Debbie Geavaras

Baird & Warner License #475126177

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,321

Year Built | Renovated

  • 1974 | 2015

Lot Details

  • 3.6

HOA Fees

  • $309 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Flexicore

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • In Ground Pool
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,321

Year Built | Renovated

1974 | 2015

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2015
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1974
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1974
  • Year Renovated: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, Storage, Flexicore
  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Electric Oven
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 09X09, On Level: Basement, Flooring: Other
  • Kitchen Type: Dimensions: 12X09, On Level: Main Level, Flooring: Ceramic Tile, Windows: Double Pane Windows
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 950

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Pool In-Ground, Cable Access
  • Exposure: E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage, On Site Manager/Engineer, Pool-Outdoors
  • Assessment Includes: Water, Parking, Common Insurance, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 309
  • Management Contact Name: Bridget or Larry April .
  • Management Phone: 773-313-0025

Fee Information

  • Management Company: Rosen Management

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 11314000511036

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 799.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 21, 2020
Sold by
Delic Fadil and Delic Fikreta
Bought by
Berhane Ghermawit
Seller's Agent
Salko Dracic
American International Realty
Buyer's Agent
Debbie Geavaras
Baird & Warner
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$189,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,094
Avg. Annual Appreciation
7.19%
Original Mortgage
$108,000
Outstanding Balance
$96,861
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$92,233

Purchase Details

Closed on
Jan 24, 2003
Sold by
Ortega Alejandro and Ortega Silvia
Bought by
Delic Fadil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.13%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Sullivan Thomas M
Bought by
Ortega Alejandro and Ortega Silvia

Purchase Details

Closed on
Dec 21, 1992
Sold by
Sullivan Thomas M and Sullivan Penelope J
Bought by
Sullivan Thomas M
Source: Public Records

Range of Values:

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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
Berhane Ghermawit $135,000 First American Title
Delic Fadil $134,000 Multiple
Ortega Alejandro $46,666 Attorneys Natl Title Network
Sullivan Thomas M -- Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berhane Ghermawit $108,000
Previous Owner Delic Fadil $107,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $135,000 -3.5% $142 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $139,900 -- $147 / 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 $2,321 $14,669 $3,658 $11,011
2023 $2,262 $11,000 $2,926 $8,074
2022 $2,262 $11,000 $2,926 $8,074
2021 $2,212 $10,999 $2,926 $8,073
2020 $797 $6,680 $2,763 $3,917
2019 $800 $7,411 $2,763 $4,648
2018 $785 $7,411 $2,763 $4,648
2017 $354 $5,019 $2,438 $2,581
2016 $505 $5,019 $2,438 $2,581
2015 $439 $5,019 $2,438 $2,581
2014 $941 $7,640 $2,194 $5,446
2013 $911 $7,640 $2,194 $5,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10829829

Midwest Real Estate Data (MRED)

APN: 11-31-400-051-1036