NOT LISTED FOR SALE

2048 W Farwell Ave Unit 2W Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $393,000 - $426,000

3 Beds
2 Baths
2,100 Sq Ft
$409/mo HOA Fee

Last Sold August 16, 2019

Last sale price $304,000 $145 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,074/month

37 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Detached Garage
  • Wood Flooring
  • Stainless Steel Appliances
  • Butlers Pantry

About This Home

As of August 2019

Stunning rarely available vintage 3 bedroom 2 bathroom condominium, walking distance from Metra and near Lake Michigan Beaches! Unit displays rare, enormous living and dining areas for entertaining and living purposes. Hardwood flooring throughout and modern kitchen coupled with original restored Butler's Pantry is a must see! Stainless steel appliances with granite countertops in brightly lit kitchen with in unit washer/dryer and bonus 3x4 space available alongside extraordinary Foyer. There is additional storage located in the unit, alongside detached owned parking. Building also maintains unheard of separate living quarters for guests to use while visiting condo owners of building (included in assessment fees, unit use scheduled thru association). Well self-managed HOA. Building is registered and certified with the National Register of Historic Places.

Last Agent to Sell the Property

Marilyn Zovko

Baird & Warner License #475158841 Listed on: 06/06/2019

Baird & Warner

Last Buyer's Agent

Jacob Tasharski

Compass License #475155206

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,879

Year Built

  • 1927

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $409 per month

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Decorative Fireplace
  • Entrance Foyer
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • SpacePak Central Air
  • Radiator
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,879

Year Built

1927

Lot Details

0

HOA Fees

$409 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1927

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X23, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Security System, Intercom, CO Detectors
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X5, On Level: 2nd Level
  • Dining Room: Dimensions: 14X18, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 10X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Pantry-Butler
  • Additional Rooms: Bonus, Deck, Foyer, Pantry
  • Master Bedroom: Dimensions: 13X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Pantry, Dimensions: 14X5, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Deck, Dimensions: 7X7, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X14, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Foyer, Dimensions: 17X5, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 4 Name: Bonus, Dimensions: 3X4, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2100
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Deck
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 409
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000X00000

Fee Information

  • Management Company: Self Managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 11311200631005

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 7087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 10, 2019
Sold by
Rodgers Thomas W and Nelson Sherry L
Bought by
Rappley Alex
Seller's Agent
Marilyn Zovko
Baird & Warner
Buyer's Agent
Jacob Tasharski
Compass
List Price
$318,500
Sold Price
$304,000
Premium/Discount to List
-$14,500
-4.55%
Current Estimated Value
$413,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,461
Avg. Annual Appreciation
5.09%
Original Mortgage
$243,200
Outstanding Balance
$213,737
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$199,724

Purchase Details

Closed on
Apr 5, 2006
Sold by
Garden Condos Llc
Bought by
Rodgers Thomas W and Nelson Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 13, 2004
Sold by
2044 & 48 W Farwell Building Llc
Bought by
Florence Gardens Condos Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6%
Mortgage Type
Unknown
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
Rappley Alex $304,000 North American Title
Rodgers Thomas W $425,000 Cti
Florence Gardens Condos Llc $185,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rappley Alex $243,200
Previous Owner Rodgers Thomas W $63,750
Previous Owner Rodgers Thomas W $340,000
Previous Owner Florence Gardens Condos Llc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $304,000 -4.6% $145 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $318,500 -- $152 / 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 $5,879 $36,000 $3,939 $32,061
2023 $5,709 $31,178 $3,151 $28,027
2022 $5,709 $31,178 $3,151 $28,027
2021 $5,600 $31,177 $3,151 $28,026
2020 $5,459 $24,504 $2,975 $21,529
2019 $4,772 $27,182 $2,975 $24,207
2018 $4,691 $27,182 $2,975 $24,207
2017 $7,087 $36,299 $2,363 $33,936
2016 $6,710 $36,000 $2,363 $33,637
2015 $4,039 $24,666 $2,625 $22,041
2014 $1,997 $13,331 $2,363 $10,968
2013 $1,461 $10,665 $2,363 $8,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10406813

Midwest Real Estate Data (MRED)

APN: 11-31-120-063-1005