NOT LISTED FOR SALE

2042 W Arthur Ave Unit 2E Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $260,000 - $305,495

3 Beds
2 Baths
1,500 Sq Ft
$335/mo HOA Fee

Last Sold May 17, 2024

Last sale price $290,000 $193 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,135/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Stainless Steel Appliances
  • Granite Countertops

About This Home

As of May 2024

Vintage style beauty with updates throughout. Great natural light and efficient function. Excellent condition 3 bedroom, 2 bath condo. Exposed brick in the living room and kitchen. Bathrooms recently fully remodeled down to studs with new plumbing and electrical. All bathroom plumbing fixtures replaced. Updated Kitchen with high-end appliances and apron sink. New Bosch dishwasher, refrigerator and professional quality vent hood. Viking 6-burner stove. New In-unit washer and dryer. Generously sized rooms. Low assessments at $335 per month which include heat, water and scavenger pick up. 1 car outdoor dedicated parking included. Rear deck. Large private basement storage. Pet friendly building.

Last Agent to Sell the Property

Lola Delic

@properties Christie's International Real Estate License #475127456 Listed on: 04/12/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Tedi Smola

@properties Christie's International Real Estate License #475178548

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,702

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • 6,142

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Included in Price

Utilities

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

Community Details

Overview

  • Association fees include heat, water, gas, parking
  • 6 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,702

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

HOA Fees

$335 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: 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: 2
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Some Window Treatment, Granite Counters, Separate Dining Room
  • LivingArea: 1500
  • 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: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: X
  • Management Contact Name: X
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3702.1
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 8, 2024
Sold by
Charles William M and Charles Edward M
Bought by
Rand Aeesha and Jauregui Maridelle Rand
Seller's Agent
Lola Delic
@properties Christie's International Real Estate
Buyer's Agent
Tedi Smola
@properties Christie's International Real Estate
List Price
$270,000
Sold Price
$290,000
Premium/Discount to List
$20,000
7.41%
Views
77
Current Estimated Value
$283,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,626
Avg. Annual Appreciation
-1.58%
Original Mortgage
$246,500
Outstanding Balance
$243,508
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$39,866

Purchase Details

Listed on
Oct 20, 2016
Closed on
Nov 1, 2016
Sold by
U S Bank Na
Bought by
Charles Edward M and Charles William M
Seller's Agent
Linda O'Donnell
O'Donnell Partners
Buyer's Agent
Lola Delic
@properties Christie's International Real Estate
List Price
$139,900
Sold Price
$127,000
Premium/Discount to List
-$12,900
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$101,600
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2015
Sold by
Cha Wiley Oe C and Cha Wiley Oe
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 12, 2001
Sold by
Wiley William D
Bought by
Wiley Oe Cha

Purchase Details

Closed on
Nov 9, 1994
Sold by
Moody Michelle D
Bought by
Wiley William D and Wiley Oecha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,100
Interest Rate
8.86%
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
Rand Aeesha $290,000 None Listed On Document
Charles Edward M $127,000 Fidelity National Title
U S Bank National Association -- Premier Title
Wiley Oe Cha -- --
Wiley William D $123,750 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rand Aeesha $246,500
Previous Owner Charles Edward M $101,600
Previous Owner Wiley William D $82,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $290,000 +7.4% $193 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $270,000 +112.6% $180 / Sq Ft
12/13/2016 12/13/16 Sold $127,000 -9.2% $85 / Sq Ft View Prior Sale
10/20/2016 10/20/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $139,900 -- $93 / 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 $3,798 $23,181 $2,302 $20,879
2023 $3,702 $18,000 $1,841 $16,159
2022 $3,702 $18,000 $1,841 $16,159
2021 $3,619 $17,999 $1,841 $16,158
2020 $3,435 $15,421 $1,739 $13,682
2019 $3,437 $17,107 $1,739 $15,368
2018 $3,379 $17,107 $1,739 $15,368
2017 $1,516 $7,044 $1,534 $5,510
2016 $911 $7,044 $1,534 $5,510
2015 $810 $7,044 $1,534 $5,510
2014 $1,313 $9,643 $1,381 $8,262
2013 -- $9,643 $1,381 $8,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12027895

Midwest Real Estate Data (MRED)

APN: 11-31-310-006-1003