NOT LISTED FOR SALE

202 N Salem Ave Unit 2A Arlington Heights, IL 60005

Estimated Value: $151,039

1 Bed
1 Bath
800 Sq Ft
0.84 Acres

Highlights

  • Wood Flooring
  • Corner Lot
  • Combination Dining and Living Room
  • Westgate Elementary School Rated 9+
  • Breakfast Bar
  • 5-minute walk to Volz Park

About This Home

As of April 2021

Downtown Arlington Heights LOCATION for $1050! This conveniently located 1 bedroom/1 bath first-floor walk-up is located within walking distance to the train, tons of restaurants, bars, and theater. This unit features hard wood flooring thoughout, an updated bath, and easy parking. Additionally, the unit benefits from East/West exposures so residents are assured ample natural light throughout the day. Additional storage, on-site laundry, and bike room are available to residents.

Last Agent to Rent the Property

Melissa Doubleday

Keller Williams ONEChicago License #475161090 Listed on: 04/06/2021

Keller Williams ONEChicago

Last Renter's Agent

Melissa Doubleday

Keller Williams ONEChicago License #475161090 Listed on: 04/06/2021

Keller Williams ONEChicago

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,839

Year Built

  • 1963

Lot Details

  • East or West Exposure

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,839

Year Built

1963

Lot Details

0

Rental Info

  • Available: 04/15/2021
  • Monthly Lot Rental Included: Heat, Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Security Deposit: 1050

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1963

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Appliances: Microwave, Dishwasher, Refrigerator, Cooktop, Oven/Built-in
  • Bedrooms All Levels: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X12
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Window Treatments: Blinds
  • Above Grade Bedrooms: 1
  • Living Room Level: Main Level
  • Living Room Size: 17X15
  • Living Room Flooring: Hardwood
  • Living Room Window Treatments: Blinds
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Dining Room Flooring: Hardwood
  • Dining Room Window Treatments: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 12X10
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: Eating Area
  • Additional Room 1 Name: Eating Area
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 1X1
  • Additional Room 1 Flooring: Ceramic Tile
  • Estimated Sq Ft: 800

Exterior Features

  • Exterior Building Type: Brick
  • 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: 100 Amp Service
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Management: Manager Off-site
  • Pet Information: Additional Pet Rent, Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Management Phone: 847-520-4200

Fee Information

  • Management Company: Pabcor Management

Schools

  • School District: 214
  • Elementary School: Westgate Elementary School
  • Middle School: South Middle School
  • High School: Rolling Meadows High School
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner

Multi Family

  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Salem Investment Group Llc
Bought by
Salem Village Apartments Llc
Current Estimated Value
$151,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Outstanding Balance
$3,297,412
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Salem Village Apartments Llc -- None Listed On Document
Salem Village Apartments Llc $1,541,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Village Apartments Llc $3,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Rented $1,050 0.0% --
04/06/2021 04/06/21 For Rent $1,050 0.0% --
12/20/2019 12/20/19 Rented $1,050 0.0% --
12/06/2019 12/06/19 Under Contract -- -- --
11/18/2019 11/18/19 For Rent $1,050 +5.5% --
11/01/2018 11/01/18 Rented $995 0.0% --
10/15/2018 10/15/18 Under Contract -- -- --
09/28/2018 09/28/18 For Rent $995 -- --
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
2022 $2,839 $10,767 $1,048 $9,719
2021 $3,205 $10,647 $1,572 $9,075
2020 $3,122 $10,647 $1,572 $9,075
2019 $2,795 $10,647 $1,572 $9,075
2018 $2,363 $8,096 $943 $7,153
2017 $2,335 $8,096 $943 $7,153
2016 $2,178 $8,096 $943 $7,153
2015 $2,074 $7,025 $891 $6,134
2014 $2,014 $7,025 $891 $6,134
2013 $1,848 $7,025 $891 $6,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11046720

Midwest Real Estate Data (MRED)

APN: 03-30-411-032-1001