2038 Sherman Ave Unit 2A Evanston, IL 60201
Northeast Evanston NeighborhoodEstimated Value: $269,000 - $291,000
2
Beds
1
Bath
1,000
Sq Ft
$360/mo
HOA Fee
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 2022Looking 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.
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
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
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
6.93%
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%
Similar Homes in Evanston, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
36 Total Sales
-
Diana Simion
D
Buyer's Agent in 2022
Diana Simion
Coldwell Banker Realty
(312) 730-7170
1 in this area
14 Total Sales
-
Robin Wilson
Seller's Agent in 2020
Robin Wilson
@ Properties
(847) 207-1975
51 Total Sales
-
Brian Sheu
B
Buyer's Agent in 2020
Brian Sheu
Coldwell Banker Realty
(847) 544-8207
5 in this area
56 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11362079
APN: 11-18-103-038-1002
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