NOT LISTED FOR SALE

1942 W Potomac Ave Unit 1E Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $562,566 - $708,000

3 Beds
2 Baths
-- Sq Ft
$350/mo HOA Fee

Last Sold January 03, 2017

Last sale price $414,000

Est. 53% increase in value since last sale

Current estimated payment $4,379/month

86 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Terrace
  • A.N. Pritzker School Rated A-
  • Whirlpool Bathtub
  • 4-minute walk to Wicker (Charles, Joel) Park

About This Home

As of January 2017

TRUE 3 BEDROOM/2BTH CONDO FOR THE PRICE OF A 2 BEDROOM!!! GREAT VALUE & PHENOMENAL LOCATION...HEART OF WICKER PARK! WALK TO EVERYTHING!!! CHARMING & BEAUTIFULLY LANDSCAPED BUILDING. LOVELY UNIT W/PRIVATE ENTRANCE, OPEN/FUNCTIONAL PLAN, GLEAMING HARDWOOD FLOORS THRU-OUT, FIREPLACE, EFFICIENT KITCHEN LAYOUT COMPLETE WITH NEW STAINLESS STEEL APPLIANCES, GRANITE COUTNERS , AMPLE STORAGE & CABINETS, BREAKFAST BAR, SPACIOUS MASTER SUITE, MASTER BATH COMPLETE WITH SEPARATE TUB & SHOWER, ABUNDANT CLOSETS THROUGHOUT, COZY 19x8 TERRACE FOR INDIVIDUAL USE , PLUS BONUS COMMON GREEN ROOF MAKES FOR THE PERFECT URBAN OASIS. PRIVATE GARAGE. POTOMAC IS ONE OF THE PRETTIEST STREETS IN WICKER PARK. THIS NEIGHBORHOOD HAS IT ALL....LOCATION, THE BEST OF RESTAURANTS, CAFFES, SHOPS, WALKING DISTANCE TO THE BLUE LINE, EASY HIGHWAY ACCESS, & WICKER PARK ITSELF!!! A GREAT VALUE!!! TAXES DO NOT REFLECT HOMEOWNERS EXEMPTION. ***SEE VIRTUAL TOUR FOR INTERACTIVE FLOORPLAN***

Last Agent to Sell the Property

Patrizia Zompanti

Coldwell Banker Realty License #471018115 Listed on: 09/10/2016

Coldwell Banker Realty

Last Buyer's Agent

Taylor Sullivan

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,077

Lot Details

  • 6,360

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Utilities

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

Community Details

Overview

  • Association fees include water, insurance
  • 4 Units
  • Scott Angarola Association
  • Low-Rise Condominium

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,077

Lot Details

0

HOA Fees

$350 per month

Parking

1

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)
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Terrace
  • Stories Total: 2
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room,Master Bedroom

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • List Price: 419900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: Self Managed
  • Management Contact Name: Scott Angarola
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: TBD

Tax Info

  • Tax Annual Amount: 8077.45
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2016
Closed on
Dec 27, 2016
Sold by
Maer Jonathan and Maer Michelle
Bought by
Tebbe David and Tebbe Molly
Seller's Agent
Patrizia Zompanti
Coldwell Banker Realty
Buyer's Agent
Taylor Sullivan
Compass
List Price
$429,000
Sold Price
$414,000
Premium/Discount to List
-$15,000
-3.5%
Current Estimated Value
$633,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,642
Avg. Annual Appreciation
4.98%
Original Mortgage
$351,900
Outstanding Balance
$288,915
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$344,727

Purchase Details

Closed on
Mar 27, 2008
Sold by
Maer Jonathan and Maer Michelle
Bought by
Maer Jonathan and Maer Michelle

Purchase Details

Closed on
Mar 7, 2006
Sold by
Nguyen Viet
Bought by
Maer Jonathan and Levine Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2001
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Nguyen Viet

Purchase Details

Closed on
Oct 13, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Nguyen Viet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
6.72%
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
Tebbe David $414,000 Greater Illinois Title
Maer Jonathan -- Ctic
Maer Jonathan $420,000 Chicago Title Insurance Co
Nguyen Viet -- --
Nguyen Viet $222,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tebbe David $351,900
Previous Owner Maer Jonathan $378,000
Previous Owner Nguyen Viet $200,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2017 01/03/17 Sold $414,000 -1.4% --
12/05/2016 12/05/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $419,900 -2.1% --
09/10/2016 09/10/16 For Sale $429,000 -- --
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 $7,877 $60,850 $15,761 $45,089
2023 $7,634 $40,535 $7,207 $33,328
2022 $7,634 $40,535 $7,207 $33,328
2021 $7,481 $40,535 $7,207 $33,328
2020 $8,377 $40,707 $7,207 $33,500
2019 $8,195 $44,216 $7,207 $37,009
2018 $8,056 $44,216 $7,207 $37,009
2017 $8,506 $42,890 $6,336 $36,554
2016 $8,829 $44,080 $6,336 $37,744
2015 $8,077 $44,080 $6,336 $37,744
2014 $6,190 $33,363 $5,623 $27,740
2013 $6,068 $33,363 $5,623 $27,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09339042

Midwest Real Estate Data (MRED)

APN: 17-06-216-137-1001