NOT LISTED FOR SALE

2038 N Spaulding Ave Unit GW Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $201,000 - $304,000

1 Bed
1 Bath
600 Sq Ft
$261/mo HOA Fee

Last Sold July 20, 2023

Last sale price $170,000 $283 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,923/month

31 Days on Market

Highlights

  • Stainless Steel Appliances
  • Intercom
  • Courtyard
  • Soaking Tub
  • Building Patio
  • 1-minute walk to Maple Park

About This Home

As of July 2023

This is a highly upgraded 1 bedroom corner condo in Logan Square. This home features a newly updated kitchen with Wolf/Bosch appliances, modern Wood Mode dovetail cabinets, Quartz countertops, and a Grohe faucet. There are new vinyl plank floors throughout. The living room features tall ceilings, new lighting, and eastern facing windows for morning light. The bathroom has a new vanity, sink, mirror, and lighting with recently replaced ceramic shower surround, soaking tub, and marble floors. The bedroom has new lighting and new closet organizer. The condo is the same footprint as 2 bedrooms in the building and does not share any walls with neighbors. There is a rental parking space available now with the southern neighbor. There is a gated common patio with 2 tables and gas grills. Hot water is included in the assessments. There is a new 2020 complete roof replacement with warranty and eastern elevation parapet wall rebuild. The condo association just completed southern elevation parapet wall with southern, northern and western tuckpointing. The building's commercial boiler was replaced in 2017. There are 9 rentals allowed in the HOA out of 19 units. There are currently 2 leased. Reserves for the building as of 05-01-2023 are $16,921.(Agent Owned).

Last Listed By

Brian Guzman

@properties Christie's International Real Estate License #475143591 Listed on: 05/24/2023

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,237

Year Built

  • Built in 1920 | Remodeled in 2022

Lot Details

  • 8,102

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Intercom

Kitchen

  • Built-In Oven
  • Electric Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Leased Parking
  • Uncovered Parking

Outdoor Features

  • Courtyard

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 19 Units
  • Amila Mevic Association, Phone Number (773) 572-0880
  • Property managed by Westward 360

Amenities

  • Building Patio
  • Community Storage Space

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,237

Year Built

Built in 1920 | Remodeled in 2022

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: G
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Appliances: Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Electric Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Laundry Hook-Up in Unit
  • Other Equipment: Intercom
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 174500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 100

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 261
  • Association Amenities: Storage, Patio
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: Amila Mevic
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Other

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: No
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 4237
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2013
Sold by
Scherston Real Estate Investments Llc
Bought by
Guzman Brian
Total Days on Market
31
Current Estimated Value
$245,076

Purchase Details

Closed on
Mar 28, 2011
Sold by
2038 Spaulding Llc and Judicial Sales Corp
Bought by
Scherston Real Estate Investments Llc

Purchase Details

Closed on
Feb 27, 2007
Sold by
2038 Spaulding Llc
Bought by
Givogre Mercia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,920
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2006
Sold by
Chicago Title Land Trust Co
Bought by
2038 Spaulding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1999
Sold by
Pratikakis Eleftherios and Pratikakis Lamprini
Bought by
American National Bk & Tr Co Of Chicago and Trust #124908-01

Purchase Details

Closed on
Sep 23, 1998
Sold by
Spaseski Vojo and Spaseski Ratka
Bought by
Pratikakis Eleftherios and Pratikakis Lamprini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

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
Guzman Brian $45,000 Ctcc
Scherston Real Estate Investments Llc -- --
Scherston Real Estate Investments Llc -- --
Scherston Real Estate Investments Llc -- --
Givogre Mercia $245,000 Attorneys Title Guaranty Fun
2038 Spaulding Llc $2,050,000 First American
American National Bk & Tr Co Of Chicago -- --
Pratikakis Eleftherios $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Guzman Brian $50,500
Previous Owner 2038 Spaulding Llc $9,329,142
Previous Owner 2038 Spaulding Llc $425,000
Previous Owner Givogre Mercia $195,920
Previous Owner 2038 Spaulding Llc $3,037,000
Previous Owner 2038 Spaulding Llc $2,050,000
Previous Owner Pratikakis Eleftherios $286,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $170,000 -2.6% $283 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $174,500 -1.4% $291 / Sq Ft
05/24/2023 05/24/23 For Sale $177,000 -- $295 / 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 $4,334 $20,875 $1,436 $19,439
2023 $4,334 $21,000 $1,164 $19,836
2022 $4,334 $21,000 $1,164 $19,836
2021 $4,237 $20,999 $1,163 $19,836
2020 $3,529 $15,785 $562 $15,223
2019 $3,574 $17,724 $562 $17,162
2018 $3,501 $17,724 $562 $17,162
2017 $2,029 $9,427 $504 $8,923
2016 $1,888 $9,427 $504 $8,923
2015 $1,727 $9,427 $504 $8,923
2014 $1,197 $6,452 $465 $5,987
2013 $1,349 $7,417 $465 $6,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11791179

Midwest Real Estate Data (MRED)

APN: 13-35-233-039-1019