$38,500
SOLD JAN 17, 2025

2040 E 72nd Place Unit 3 Chicago, IL 60649

South Shore Neighborhood
2 Beds
1 Bath
-- Sq Ft
$359/mo HOA Fee

Recently Sold

30% Below List Price

71 Days on Market

Highlights

  • Living Room
  • 5-minute walk to Bryn Mawr Station
  • Dining Room
  • Resident Manager or Management On Site
  • Laundry Room
  • Family Room

About This Home

As of January 2025

Welcome to this beautifully maintained 2-bedroom, 1-bath condo located in the vibrant South Shore community. Nestled in a secure, well-kept building, this unit offers a perfect blend of classic Chicago architecture and modern conveniences. The exterior boasts a charming brick facade, showcasing timeless appeal. Situated on a tree-lined street, the condo offers a serene atmosphere, yet is just minutes from the picturesque Lake Michigan shoreline, South Shore Cultural Center, and Jackson Park. The well-maintained common areas include landscaped grounds and a welcoming entryway. Ample street parking is available, providing convenience for residents and guests. This is a fantastic opportunity for first-time buyers or investors looking for a well-priced home in a thriving neighborhood. ***Occupied property, inspections not available - sold as-is. No for sale sign. Contact with occupants is prohibited. Listing agent makes no representations. Listing agent and seller have not been inside property. Number of rooms, bedrooms, bathrooms, dimensions, mechanicals, etc. is estimated/approximate*** This property is now active in an online auction dot com. All offers must be submitted through the property's listing page on auction dot com website. The sale will be subject to a 5 percent buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. DO NOT CONTACT LISTING AGENT FOR INTERIOR ACCESS OR EXTRA INFORMATION.

Last Agent to Sell the Property

Fernando Godoy

eXp Realty License #475155825 Listed on: 09/30/2024

eXp Realty

Last Buyer's Agent

Dionne Scott

Village Realty, Inc. License #475191051

Village Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $411

Year Built

  • Built in 1949

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, snow removal
  • 18 Units
  • Wally Association, Phone Number (773) 363-6202
  • Property managed by McKey & Poague

Pet Policy

  • Pets up to 99 lbs
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$411

Year Built

Built in 1949

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1949
  • Age: 71-80 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: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Driveway: Other
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 359
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: McKey & Poague
  • Management Contact Name: Wally
  • Management Phone: 773-363-6202
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 411
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Dec 17, 2024
Sold by
Vrmtg Asset Trust and Us Bank Trust National Association
Bought by
Sanders Deandre Pierre
Seller's Agent
Fernando Godoy
eXp Realty
Buyer's Agent
Dionne Scott
Village Realty, Inc.
List Price
$55,000
Sold Price
$38,500
Premium/Discount to List
-$16,500
-30%
Views
55
Current Estimated Value
$59,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,375
Avg. Annual Appreciation
61.61%

Purchase Details

Closed on
Aug 2, 2024
Sold by
Auctioncom Llc
Bought by
Vrmtg Asset Trust and Us Bank Trust

Purchase Details

Closed on
Oct 30, 2002
Sold by
Cosmopolitan Bank & Trust
Bought by
Daniels Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2001
Sold by
Ocwen Financial Services Inc
Bought by
Cosmopolitan Bank Trust #28340

Purchase Details

Closed on
Feb 9, 2000
Sold by
Laplace Earl
Bought by
Ocwen Financial Services

Purchase Details

Closed on
Sep 10, 1996
Sold by
Vincennes Improvement Organization
Bought by
Laplace Earl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Special Warranty Deed $38,500 None Listed On Document
Trustee Deed -- None Listed On Document
Deed $75,000 --
Corporate Deed $20,000 1St American Title
Legal Action Court Order -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,000 Purchase Money Mortgage
Closed $20,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $38,500 -30.0% --
12/10/2024 12/10/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $55,000 0.0% --
10/28/2024 10/28/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $55,000 -- --
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 $423 $6,883 $663 $6,220
2023 $411 $2,000 $921 $1,079
2022 $411 $2,000 $921 $1,079
2021 $402 $1,999 $921 $1,078
2020 $1,958 $8,789 $921 $7,868
2019 $1,944 $9,678 $921 $8,757
2018 $1,912 $9,678 $921 $8,757
2017 $1,917 $8,903 $810 $8,093
2016 $1,783 $8,903 $810 $8,093
2015 $1,631 $8,903 $810 $8,093
2014 $1,292 $6,965 $663 $6,302
2013 $1,267 $6,965 $663 $6,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12177042

Midwest Real Estate Data (MRED)

APN: 20-25-207-048-1006