NOT LISTED FOR SALE

217 E 31st St Unit 2 Chicago, IL 60616

The Gap Neighborhood

Estimated Value: $292,000 - $347,000

2 Beds
2 Baths
1,300 Sq Ft
$117/mo HOA Fee

Last Sold September 17, 2021

Last sale price $281,000 $216 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,176/month

11 Days on Market

Highlights

  • Open Floorplan
  • Whirlpool Bathtub
  • Central Air
  • Wood Flooring
  • Granite Countertops
  • 1-minute walk to Paul Laurence Dunbar Park

About This Home

As of September 2021

Perfectly located 2 Bedroom, 2 Bathroom Condo with 42 inch maple cabinets and granite countertops. With assigned parking. Entertain your guest on a large peninsula. Low assessments. Gorgeously maintained condo with stunning views overlooking the newly renovated Dunbar Park and City skyline in the background, 5-minute walk from the gorgeous 31st St Harbor & Entertainment / Beach Area. Nestled beautifully between the bustling downtown South Loop and the historic Bronzeville area with the serene IIT campus on the west. Parking space attached included in the price. Tons of Transportation and shoppingoptions are readily available with #4 and #1 Bus stop just steps away and Green/Red Line just a short walk away. Lake Shore Dr and Dan Ryan are easily accessible. The area continues to benefit from mega projects approved, such as the Michael Reese sight being converted into a stunning residential area which will further boost real estate prices.

Last Agent to Sell the Property

Robin Cerna

arhome realty License #475184736 Listed on: 08/01/2021

arhome realty

Last Buyer's Agent

Brittany Strale

Redfin Corporation License #475178711

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,933

Year Built

  • Built in 2003

Lot Details

  • 2,701

HOA Fees

  • $117 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,933

Year Built

Built in 2003

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Open Floorplan, Granite Counters
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • MRD_MBB: Full
  • Master Bedroom Dimensions: 13X13

Exterior Features

  • DirectionFaces: North
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 350
  • Association Fee Frequency: Quarterly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: 0000
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1933.29
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 2, 2021
Sold by
Garcia Daniel and Aguirre Garcia Julia
Bought by
Woods Cori M and Gupana Eric G
Seller's Agent
Robin Cerna
arhome realty
Buyer's Agent
Brittany Strale
Redfin Corporation
List Price
$295,000
Sold Price
$281,000
Premium/Discount to List
-$14,000
-4.75%
Current Estimated Value
$316,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,084
Avg. Annual Appreciation
2.78%
Original Mortgage
$271,600
Outstanding Balance
$248,562
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$67,522

Purchase Details

Closed on
Jun 6, 2006
Sold by
225 East 31 Street Inc
Bought by
Garcia Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,300
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 23, 2005
Sold by
Gbd Development Ltd
Bought by
225 East 31St Inc

Purchase Details

Closed on
Apr 17, 2001
Sold by
Omnibus Ventures Llc
Bought by
Gbd Development Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woods Cori M $281,000 Affinity Title
Garcia Daniel $258,000 Alliance Title Company
225 East 31St Inc -- Cti
Gbd Development Ltd $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Cori M $271,600
Previous Owner Garcia Daniel $206,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $281,000 -4.7% $216 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $295,000 -- $227 / 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
2025 $4,869 $28,120 $3,226 $24,894
2024 $4,869 $28,120 $3,226 $24,894
2023 $4,745 $23,000 $3,150 $19,850
2022 $4,745 $23,000 $3,150 $19,850
2021 $3,967 $22,999 $3,150 $19,849
2020 $3,533 $18,962 $2,225 $16,737
2019 $3,515 $20,925 $2,225 $18,700
2018 $3,455 $20,925 $2,225 $18,700
2017 $3,428 $19,299 $1,854 $17,445
2016 $3,365 $19,299 $1,854 $17,445
2015 $3,056 $19,299 $1,854 $17,445
2014 $3,017 $18,830 $1,576 $17,254
2013 $2,946 $18,830 $1,576 $17,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11175456

Midwest Real Estate Data (MRED)

APN: 17-34-103-068-1002