NOT LISTED FOR SALE

2131 S Archer Ave Unit 306 Chicago, IL 60616

Chinatown Neighborhood

Estimated Value: $329,000 - $409,000

3 Beds
1.5 Baths
1,300 Sq Ft
$300/mo HOA Fee

Last Sold May 06, 2022

Last sale price $308,000 $237 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,796/month

66 Days on Market

Highlights

  • Lock-and-Leave Community
  • 3-minute walk to Cermak-Chinatown Station
  • Stainless Steel Appliances
  • First Floor Utility Room
  • Elevator
  • Soaking Tub

About This Home

As of May 2022

Rare opportunity to own a townhouse in the heart of Chinatown. Convenient to express way, groceries, restaurant, CTA bus and trains. Secured entrance door to the residential area. Features: 3 bedrooms and 1.5 bathroom. First floor with newly remodeled kitchen with all new kitchen appliance, newly remodeled bathroom. Three bedrooms on second floor with hardwood floor though out. Stunning view of Chinatown square!

Last Agent to Sell the Property

Scott Berg

Berg Properties License #475110440 Listed on: 02/03/2022

Last Buyer's Agent

Melissa Mei

Richland Global Inc License #475165240

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1989 | Remodeled in 2021

Lot Details

  • 0.31

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • First Floor Utility Room
  • Laminate Flooring

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Accessible Home Design

  • Accessibility Features
  • Doors with lever handles

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, security, exterior maintenance
  • 12 Units
  • Chung Association, Phone Number (626) 475-5511
  • Property managed by Management
  • Lock-and-Leave Community

Amenities

  • Elevator

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,757

Year Built

Built in 1989 | Remodeled in 2021

Lot Details

0

HOA Fees

$300 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: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Lever Door Handles
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry
  • LivingArea: 1300
  • Room Type: Utility Room-1st Floor, Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1300
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1300
  • Total Sq Ft: 1300
  • Main Level Sq Ft: 650
  • Lower Level Sq Ft: 650

Exterior Features

  • List Price: 334900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 300
  • Association Amenities: Elevator(s), Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Management
  • Management Contact Name: Chung
  • Management Phone: 626-475-5511
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Security, Exterior Maintenance

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 5756.68
  • Tax Year: 2020

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
May 2, 2022
Sold by
New Force Enterprise Inc
Bought by
J & C Tutti Frutti Ii Inc
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Melissa Mei
Richland Global Inc
List Price
$347,500
Sold Price
$308,000
Premium/Discount to List
-$39,500
-11.37%
Current Estimated Value
$364,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,440
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Cai Liping
Bought by
New Force Enterprise Inc

Purchase Details

Closed on
Mar 29, 2007
Sold by
Sun Jiansheng
Bought by
Cai Liping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Shen Yuhua
Bought by
Sun Jiansheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
9.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 1998
Sold by
Zentao Corp
Bought by
Shen Yuhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,910
Interest Rate
4.41%
Source: Public Records

Range of Values:

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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
J & C Tutti Frutti Ii Inc $308,000 Chicago Title
New Force Enterprise Inc $225,000 Chicago Title Insurance Co
Cai Liping $219,000 Chicago Title Insurance Co
Sun Jiansheng $124,000 --
Shen Yuhua $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Shumin $828,000
Previous Owner New Force Enterprise Inc $147,550
Previous Owner Cai Liping $175,200
Previous Owner Sun Jiansheng $187,500
Previous Owner Sun Jiansheng $127,000
Previous Owner Sun Jiansheng $93,000
Previous Owner Shen Yuhua $87,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $308,000 -8.0% $237 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $334,900 -3.6% $258 / Sq Ft
02/03/2022 02/03/22 For Sale $347,500 -- $267 / 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 $6,643 $28,732 $6,928 $21,804
2023 $6,456 $31,000 $5,593 $25,407
2022 $6,456 $31,000 $5,593 $25,407
2021 $6,309 $30,999 $5,593 $25,406
2020 $5,757 $25,451 $5,593 $19,858
2019 $5,772 $28,482 $5,593 $22,889
2018 $5,796 $28,482 $5,593 $22,889
2017 $5,004 $22,500 $4,449 $18,051
2016 $4,506 $22,500 $4,449 $18,051
2015 $4,123 $22,500 $4,449 $18,051
2014 $4,365 $23,526 $5,402 $18,124
2013 $4,279 $23,526 $5,402 $18,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11317137

Midwest Real Estate Data (MRED)

APN: 17-21-420-066-1006