NOT LISTED FOR SALE

2041 W Potomac Ave Unit 1 Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $734,000 - $879,000

3 Beds
3 Baths
2,300 Sq Ft
$215/mo HOA Fee

Last Sold June 17, 2014

Last sale price $527,500 $229 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,313/month

16 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Bar
  • A.N. Pritzker School Rated A-
  • Whirlpool Bathtub
  • Storage

About This Home

As of June 2014

Picturesque duplex on gorgeous street in historic Wicker Park! This rehabbed 3 Bed, 3 Bath home boasts bright, open kitchen with stainless appliances and granite counters. 2 Beds on main level, 10' ceilings, nice deck and yard. Situated between Division and North/Damen/Milwaukee, just steps away from Wicker Park and Bucktown's dining, shopping, and entertainment districts. Walk to Blue Line. Parking included.

Last Agent to Sell the Property

Dennis Huyck

Keller Williams ONEChicago License #475124186 Listed on: 04/07/2014

Keller Williams ONEChicago

Last Buyer's Agent

Carole Klein

Baird & Warner

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,821

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $215 per month

Home Design

  • Rubber Roof
  • Stone Siding

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,821

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 3
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex, Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Dish, TV-Rotor, Security System, Intercom, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X08, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Other, Dimensions: 21X08, On Level: Main Level
  • Bedroom 2: Dimensions: 11X09, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X12, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 2300
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 14X24, On Level: Lower, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Stone
  • Roof Type: Rubber
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 215
  • Management Contact Name: OOR
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: OOR

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17061270471001

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 1

Tax Info

  • Taxes: 5106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 17, 2014
Sold by
Johnson Derek E and Hutchinson Carolyn G
Bought by
Weinberg William and Leifer Ariel
Seller's Agent
Dennis Huyck
Keller Williams ONEChicago
Buyer's Agent
Carole Klein
Baird & Warner
List Price
$539,000
Sold Price
$527,500
Premium/Discount to List
-$11,500
-2.13%
Current Estimated Value
$806,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,028
Avg. Annual Appreciation
3.82%
Original Mortgage
$417,000
Outstanding Balance
$311,723
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$494,805

Purchase Details

Closed on
Feb 22, 2007
Sold by
Mertes Robert J and Mcnally Tara A
Bought by
Johnson Derek E and Hutchinson Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,600
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 2004
Sold by
Fowle Herbert and Fowle Amy
Bought by
Mertes Robert J and Mcnally Tara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 14, 2001
Sold by
Kaplan Construction Llc
Bought by
Fowle Herbert and Fowle Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Kaplan Joseph and Kaplan Tracy
Bought by
Kaplan Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Interest Rate
7.91%

Purchase Details

Closed on
May 1, 2000
Sold by
Budzyn Eugene
Bought by
Kaplan Joseph and Kaplan Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,125
Interest Rate
8.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 15, 1999
Sold by
Budzyn Edward and Budzyn Richard
Bought by
Budzyn Eugene
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
Weinberg William $527,500 Near North National Title
Johnson Derek E $517,000 Synergy Title Services Llc
Mertes Robert J $425,000 Ticor Title Insurance
Fowle Herbert $387,500 --
Kaplan Construction Llc -- --
Kaplan Joseph $481,500 --
Budzyn Eugene $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinberg William $417,000
Previous Owner Johnson Derek E $413,600
Previous Owner Mertes Robert J $333,700
Previous Owner Fowle Herbert $310,000
Previous Owner Kaplan Construction Llc $662,000
Previous Owner Kaplan Joseph $361,125
Closed Mertes Robert J $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $527,500 -2.1% $229 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $539,000 -- $234 / 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 $9,821 $52,068 $12,338 $39,730
2023 $9,523 $49,722 $5,642 $44,080
2022 $9,523 $49,722 $5,642 $44,080
2021 $9,329 $49,722 $5,642 $44,080
2020 $10,057 $48,246 $5,642 $42,604
2019 $9,909 $52,750 $5,642 $47,108
2018 $9,741 $52,750 $5,642 $47,108
2017 $9,763 $48,728 $4,960 $43,768
2016 $9,259 $48,728 $4,960 $43,768
2015 $8,929 $48,728 $4,960 $43,768
2014 $6,967 $40,120 $4,402 $35,718
2013 $6,819 $40,120 $4,402 $35,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08578148

Midwest Real Estate Data (MRED)

APN: 17-06-127-047-1001