NOT LISTED FOR SALE

2038 Sherman Ave Unit 2A Evanston, IL 60201

Northeast Evanston Neighborhood

Estimated Value: $278,178 - $312,000

2 Beds
1 Bath
1,000 Sq Ft
$360/mo HOA Fee

Last Sold June 30, 2022

Last sale price $230,000 $230 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,388/month

44 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Foster Station
  • 1 Car Detached Garage
  • Dewey Elementary School Rated A
  • L-Shaped Dining Room
  • 1-minute walk to Philbrick Park

About This Home

As of June 2022

Looking for a rental investment near NU and / or downtown? This tenant occupied condo may be an excellent option for your portfolio. Front of building location with street views. Unit enjoys multi-exposure views to North, East and South. Layout boasts more square feet than other tiers. Features 2 Bedrooms, 1 Bath, and garage parking. Hardwood floors in living, dining, and bed rooms. Freshly painted. Newer wall A/C units. Attentively cared for property. Long-time owner ready to retire and sell/transfer what has been an easy-to-rent investment to a new owner looking for a turnkey situation. 12 unit building with 10 of 12 units rented. Option to modernize/update and/or add in-unit laundry.

Last Agent to Sell the Property

Gerry Gibbs

Baird & Warner License #475108124 Listed on: 04/20/2022

Baird & Warner

Last Buyer's Agent

Diana Simion

Coldwell Banker Realty License #475192710

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1963

Lot Details

  • 0.27

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Living Room
  • L-Shaped Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Evanston Twp High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Mara Association, Phone Number (847) 831-8822
  • Low-Rise Condominium
  • Property managed by Fox Management

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,350

Year Built

Built in 1963

Lot Details

0

HOA Fees

$360 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)
  • Year Built: 1963
  • Age: 51-60 Years
  • 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: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 230000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 360
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Fox Management
  • Management Contact Name: Mara
  • Management Phone: 847-831-8822
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Evanston Twp High School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4350
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Sharma Preeti
Bought by
Sharma Siddha Living Trust and Sharma
Current Estimated Value
$295,545

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 27, 2022
Sold by
Shore Deborah J
Bought by
Sharma Preeti
Seller's Agent
Gerry Gibbs
Baird & Warner
Buyer's Agent
Diana Simion
Coldwell Banker Realty
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Nov 3, 2006
Sold by
Shore Deborah J and Harper Adam W
Bought by
Shore Deborah J

Purchase Details

Closed on
Jul 7, 1999
Sold by
Harper Frances O
Bought by
Shore Deborah J and Harper Adam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.43%

Purchase Details

Closed on
Jul 5, 1995
Sold by
Shore Deborah J and Shore Deboarh J
Bought by
Shore Deborah J and Harper Adam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%

Purchase Details

Closed on
May 9, 1995
Sold by
Newman Edward H and Newman Mark J
Bought by
Shore Deborah J and Harper Adam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%
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
Sharma Siddha Living Trust -- None Listed On Document
Sharma Preeti $230,000 Baird & Warner Title
Shore Deborah J -- None Available
Shore Deborah J -- First American Title
Shore Deborah J -- --
Shore Deborah J $120,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shore Deborah J $43,000
Previous Owner Shore Deborah J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $230,000 0.0% $230 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $230,000 0.0% $230 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $230,000 0.0% $230 / Sq Ft
06/18/2020 06/18/20 Rented $1,675 -5.6% --
06/09/2020 06/09/20 Price Changed $1,775 +18.3% $2 / Sq Ft
01/29/2020 01/29/20 Price Changed $1,500 -11.8% $2 / Sq Ft
10/27/2019 10/27/19 For Rent $1,700 -- --
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 $5,546 $22,909 $2,531 $20,378
2023 $5,321 $22,909 $2,531 $20,378
2022 $5,321 $22,909 $2,531 $20,378
2021 $4,409 $16,613 $1,670 $14,943
2020 $4,350 $16,613 $1,670 $14,943
2019 $4,257 $18,169 $1,670 $16,499
2018 $5,148 $18,789 $1,417 $17,372
2017 $5,013 $18,789 $1,417 $17,372
2016 $5,428 $21,448 $1,417 $20,031
2015 $5,809 $21,664 $1,214 $20,450
2014 $5,754 $21,664 $1,214 $20,450
2013 $5,621 $21,664 $1,214 $20,450
Source: Public Records

Agents Affiliated with this Home

  • Gerry Gibbs

    Seller's Agent in 2022

    Gerry Gibbs

    Baird Warner

    (847) 897-4340

    3 in this area

    33 Total Sales

    Gerry Gibbs
    Section Image

  • D

    Buyer's Agent in 2022

    Diana Simion

    Coldwell Banker Realty

    (312) 730-7170

    2 in this area

    16 Total Sales

    Diana Simion
    Section Image
  • Robin Wilson

    Seller's Agent in 2020

    Robin Wilson

    @ Properties

    (847) 207-1975

    50 Total Sales

    Robin Wilson
    Section Image
  • Brian Sheu

    Buyer's Agent in 2020

    Brian Sheu

    Coldwell Banker Realty

    (847) 544-8207

    4 in this area

    57 Total Sales

    Brian Sheu
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11362079

Midwest Real Estate Data (MRED)

APN: 11-18-103-038-1002

Illinois Cook County Evanston 60201 Northeast Evanston

2038 Sherman Ave Unit 2A, Evanston, IL

This home is located at 2038 Sherman Ave Unit 2A, Evanston, IL 60201 since 20 April 2022 and is currently estimated at $295,545, approximately $295 per square foot. This property was built in 1963. 2038 Sherman Ave Unit 2A is a home located in Cook County with nearby schools including Dewey Elementary School, Washington Elementary School, and Nichols Middle School.

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