NOT LISTED FOR SALE

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

Estimated Value: $153,842

1 Bed
1 Bath
800 Sq Ft
0.84 Acres

Highlights

  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • 5-minute walk to Volz Park
  • Westgate Elementary School Rated 9+

About This Home

As of December 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 laundry room, 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: 11/10/2021

Keller Williams ONEChicago

Last Renter's Agent

Isabella Adorjan

Berkshire Hathaway HomeServices Starck Real Estate License #227263550

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,887

Year Built

  • 1963

Lot Details

  • 0.84

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Security Deposit $1,050

Community Details

Overview

  • Association Phone (847) 520-4200
  • Property managed by Pabcor Management

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,887

Year Built

1963

Lot Details

0

Rental Info

  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1050
  • Security Deposit: 1050
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30
  • Available Date: 2021-04-15

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub Type: Attached
  • 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
  • Directions: Euclid East of Wilke to Kennicott, South to St. James, East to Salem, South
  • Lot Size: COMMON
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Cooktop, Built-In Oven
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors
  • Dining Room Type: Eating Area
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard
  • Electric: 100 Amp Service
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Manager Off-site
  • Management Company: Pabcor Management
  • Management Phone: 847-520-4200
  • Amenities: None
  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, Size Limit
  • HOA Rent Includes: Heat, Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal

Schools

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

Lot Info

  • Rural (Y/N): N

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
$153,842

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
$3,300,815
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
12/08/2021 12/08/21 Rented -- -- --
11/29/2021 11/29/21 Under Contract -- -- --
11/10/2021 11/10/21 For Rent $1,050 -- --
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 $2,887 $10,952 $1,066 $9,886
2021 $3,260 $10,829 $1,599 $9,230
2020 $3,175 $10,829 $1,599 $9,230
2019 $2,843 $10,829 $1,599 $9,230
2018 $2,403 $8,234 $959 $7,275
2017 $2,375 $8,234 $959 $7,275
2016 $2,215 $8,234 $959 $7,275
2015 $2,110 $7,145 $906 $6,239
2014 $2,048 $7,145 $906 $6,239
2013 $1,880 $7,145 $906 $6,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11266913

Midwest Real Estate Data (MRED)

APN: 03-30-411-032-1024