2043 W Farwell Ave Unit 1W Chicago, IL 60645
West Ridge NeighborhoodEstimated Value: $375,000 - $443,000
3
Beds
2
Baths
2,000
Sq Ft
$514/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Main Floor Bedroom
- Granite Countertops
- Wood Flooring
- Corner Lot
- Formal Dining Room
About This Home
As of August 2023Welcome to this beautifully maintained vintage condo located on Farwell Ave in Chicago's West Ridge Neighborhood. This spacious three-bedroom, two-bathroom home offers a comfortable and elegant living experience. A gracious entryway welcomes you and leads into a massive living room featuring charming plantation shutters on the front windows, adding a touch of character to the space. The condo boasts an impressive 2,000 square feet of living area, providing plenty of room for your needs. The unit features hardwood floors throughout, accentuating the classic design elements, including original crown molding, base molding, fireplace and built-in bookshelves. The heart of the home is the Chef's kitchen, complete with stainless steel appliances, granite countertops, ample cabinet space, and a generous island with seating. French doors lead you into this culinary haven, creating a seamless flow between the formal dining room and cooking spaces, perfect for entertaining guests. Having in-unit laundry adds convenience to your everyday life, saving you time and effort. The spacious bedrooms offer comfort and privacy, with the primary bedroom featuring an en-suite bathroom for your convenience. Storage will never be an issue in this condo, as it includes a large storage unit and additional storage space in the common area. The new windows in all bedrooms ensure natural light floods into every corner of the home, creating a warm and welcoming ambiance. Additional features of this unit include a Space Pac system for efficient climate control, radiant heat, ceiling fans, and a private garage parking spot. Current owners have helped maintain and restore peak health of the building which is now professionally managed. Recent projects include tuck-pointing on the south and west walls, the west side plumbing stack for all kitchens was replaced, garage doors painted and a new hot water heater in 2023. Special assessment credit being offered for planned project. Ideally located, this vintage condo offers a unique opportunity to experience classic charm with modern comforts. Walking distance to Warren Park, Indian Boundary Park, Robert A. Black Golf course shopping + restaurants on Devon Ave, half a mile from Rogers Park Metra stop and under a mile to the Morse Red line. Don't miss your chance to make this your new home. Schedule a private viewing and discover the endless possibilities this space has to offer.
Last Agent to Sell the Property
Baird & Warner License #475159528 Listed on: 07/21/2023
Last Buyer's Agent
William Vezo
Redfin Corporation License #475173068
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,837
Year Built
- Built in 1925
Lot Details
- 9,496
HOA Fees
- $514 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- 3-Story Property
- Built-In Features
- Ceiling Fan
- Decorative Fireplace
- Plantation Shutters
- French Doors
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Schools
- G Armstrong Elementary School In
- Sullivan High School
Utilities
- Zoned Heating and Cooling
- SpacePak Central Air
- Radiator
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 6 Units
- 3Br/2Ba
- Property managed by Good Steward
- Lock-and-Leave Community
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Community Storage Space
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Aug 21, 2023
Sold by
Gandham Kasev and Gandham Jessica
Bought by
Welense Joy and Welense Timothy
Seller's Agent
Suzanne Niersbach
Baird & Warner
Buyer's Agent
William Vezo
Redfin Corporation
List Price
$375,000
Sold Price
$367,500
Premium/Discount to List
-$7,500
-2%
Total Days on Market
2
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,050
Avg. Annual Appreciation
5.88%
Original Mortgage
$324,250
Outstanding Balance
$318,885
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$88,665
Purchase Details
Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
Ghelfi Dorian Lelay and Hansen Elizabeth
Bought by
Gandham Kasev and Tenuta Jessica
Seller's Agent
Debra Dobbs
Compass
Buyer's Agent
Stephanie LoVerde
Baird & Warner
List Price
$347,500
Sold Price
$332,000
Premium/Discount to List
-$15,500
-4.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$265,600
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 26, 2013
Closed on
Sep 24, 2013
Sold by
Drase George P and Drase Christine
Bought by
Ghelfi Dorian Lelay and Hansen Elizabeth
Seller's Agent
Dean Moss
Keller Williams Rlty Partners
Buyer's Agent
Jayne Alofs
Compass
List Price
$267,400
Sold Price
$263,500
Premium/Discount to List
-$3,900
-1.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$237,150
Interest Rate
5.12%
Mortgage Type
New Conventional
Similar Homes in Chicago, 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 |
|---|---|---|---|
| Welense Joy | $367,500 | None Listed On Document | |
| Gandham Kasev | $332,000 | Citywide Title Corporation | |
| Ghelfi Dorian Lelay | $263,500 | Pntn |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Welense Joy | $324,250 | |
| Previous Owner | Gandham Kasev | $265,600 | |
| Previous Owner | Ghelfi Dorian Lelay | $230,000 | |
| Previous Owner | Ghelfi Dorian Lelay | $237,150 | |
| Previous Owner | Drase Christine | $186,000 | |
| Previous Owner | Drase Christine | $188,000 | |
| Previous Owner | Drase George P | $100,000 | |
| Previous Owner | Drase George P | $200,000 | |
| Previous Owner | Drase Christine | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2023 08/23/23 | Sold | $367,500 | -2.0% | $184 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | For Sale | $375,000 | +13.0% | $188 / Sq Ft |
| 11/01/2020 11/01/20 | Sold | $332,000 | -4.5% | $167 / Sq Ft |
| 09/08/2020 09/08/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | For Sale | $347,500 | +31.9% | $174 / Sq Ft |
| 09/24/2013 09/24/13 | Sold | $263,500 | -1.5% | $132 / Sq Ft |
| 08/01/2013 08/01/13 | Pending | -- | -- | -- |
| 07/26/2013 07/26/13 | For Sale | $267,400 | -- | $134 / Sq Ft |
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 | $6,993 | $34,375 | $3,499 | $30,876 |
| 2023 | $6,993 | $34,000 | $2,799 | $31,201 |
| 2022 | $6,993 | $34,000 | $2,799 | $31,201 |
| 2021 | $6,837 | $33,999 | $2,799 | $31,200 |
| 2020 | $4,345 | $22,608 | $2,643 | $19,965 |
| 2019 | $4,351 | $25,087 | $2,643 | $22,444 |
| 2018 | $4,277 | $25,087 | $2,643 | $22,444 |
| 2017 | $4,340 | $23,536 | $2,332 | $21,204 |
| 2016 | $4,214 | $23,536 | $2,332 | $21,204 |
| 2015 | $3,832 | $23,536 | $2,332 | $21,204 |
| 2014 | $2,138 | $14,093 | $2,099 | $11,994 |
| 2013 | $2,085 | $14,093 | $2,099 | $11,994 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne Niersbach
Seller's Agent in 2023
Suzanne Niersbach
Baird Warner
(773) 329-3873
5 in this area
130 Total Sales
-
W
Buyer's Agent in 2023
William Vezo
Redfin Corporation
(312) 836-4263
-
Debra Dobbs
Seller's Agent in 2020
Debra Dobbs
Compass
(312) 307-4909
5 in this area
286 Total Sales
-
Stephanie LoVerde
Buyer's Agent in 2020
Stephanie LoVerde
Baird Warner
(847) 903-8589
2 in this area
273 Total Sales
-
Dean Moss
Seller's Agent in 2013
Dean Moss
Keller Williams Rlty Partners
(773) 790-6828
2 in this area
70 Total Sales
-
J
Buyer's Agent in 2013
Jayne Alofs
Compass
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11785837
APN: 11-31-124-019-1004
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