220 Madison St Unit 3A Joliet, IL 60435
2
Beds
1
Bath
878
Sq Ft
$240/mo
HOA Fee
Highlights
- Living Room
- Laundry Room
- Family Room
- Resident Manager or Management On Site
- Dining Room
- Vinyl Flooring
About This Home
As of February 2025Best Buy in town! Great affordable Maintenance free home or turn key investment property! This recently refreshed condo offers the perfect blend of comfort, convenience, and style. Situated near St Joe's this prime location offers easy access to medical facilities, making it ideal for healthcare professionals or anyone who values proximity to essential services. Featuring two bedrooms and one bath, this cozy yet spacious condo is thoughtfully designed to maximize comfort and functionality. With a recent refresh, including new flooring throughout, paint, bathroom remodel, dishwasher, window treatments, and more this home is completely move-in ready. One of the perks of this condo community is the convenient on-site laundry facilities, ensuring that your laundry needs are taken care of without ever having to leave the comfort of home. This condo represents one of the most affordable housing choices currently available on the market in Joliet. Whether you're a first-time buyer excited to take the plunge into homeownership, someone looking to downsize without compromising on quality, or an investor seeking a lucrative opportunity, this condo ticks all the boxes. Enjoy the convenience of assigned parking spaces, ensuring you always have a hassle-free parking spot waiting for you. Don't miss out on the chance to make this your own! Schedule a viewing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,774
Year Built
- Built in 1980
HOA Fees
- $240 Monthly HOA Fees
Interior Spaces
- 878 Sq Ft Home
- 3-Story Property
- Family Room
- Living Room
- Dining Room
- Vinyl Flooring
- Laundry Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Heating Available
Community Details
Overview
- Association fees include water, parking, lawn care, scavenger, snow removal
- 12 Units
- Staff Association, Phone Number (815) 609-2330
- Property managed by Nemanich
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2025
Closed on
Feb 24, 2025
Sold by
Ish Llc
Bought by
Casas Jamey
Seller's Agent
Jamie Haake
Re/Max Ultimate Professionals
Buyer's Agent
Cheryl Colanto
Dunn & Niemann Real Estate
List Price
$141,900
Sold Price
$134,000
Premium/Discount to List
-$7,900
-5.57%
Total Days on Market
16
Views
37
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
-$1,955
Avg. Annual Appreciation
-5.71%
Original Mortgage
$134,000
Outstanding Balance
$133,889
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$1,844
Purchase Details
Closed on
Oct 2, 2020
Sold by
Halimi Ismail
Bought by
Ish Llc
Purchase Details
Listed on
Jul 5, 2018
Closed on
Jan 16, 2019
Sold by
Leary Craig Robert
Bought by
Halimi Ismail
Seller's Agent
Terry Fenoglio
Karges Realty
Buyer's Agent
Terry Fenoglio
Karges Realty
List Price
$73,500
Sold Price
$69,000
Premium/Discount to List
-$4,500
-6.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$51,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2005
Sold by
Mink Cynthia L
Bought by
Leary Craig Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 1999
Sold by
Sicunski Angela L Wilson
Bought by
Mink Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,150
Interest Rate
5.05%
Mortgage Type
Unknown
Map
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Similar Homes in Joliet, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $134,000 | Fidelity National Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $69,000 | First American Title | |
| Warranty Deed | $76,000 | Chicago Title Insurance Co | |
| Warranty Deed | $525,166 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $134,000 | New Conventional | |
| Previous Owner | $51,000 | New Conventional | |
| Previous Owner | $72,000 | Purchase Money Mortgage | |
| Previous Owner | $32,232 | Unknown | |
| Previous Owner | $45,000 | Unknown | |
| Previous Owner | $47,150 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Sold | $134,000 | -1.4% | $153 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | Price Changed | $135,900 | -4.2% | $155 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $141,900 | +105.7% | $162 / Sq Ft |
| 01/23/2019 01/23/19 | Sold | $69,000 | -6.1% | $79 / Sq Ft |
| 11/27/2018 11/27/18 | Pending | -- | -- | -- |
| 10/25/2018 10/25/18 | For Sale | $73,500 | 0.0% | $84 / Sq Ft |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- |
| 09/24/2018 09/24/18 | Price Changed | $73,500 | -2.0% | $84 / Sq Ft |
| 08/06/2018 08/06/18 | For Sale | $75,000 | +8.7% | $85 / Sq Ft |
| 08/06/2018 08/06/18 | Off Market | $69,000 | -- | -- |
| 07/17/2018 07/17/18 | Pending | -- | -- | -- |
| 07/05/2018 07/05/18 | For Sale | $75,000 | -- | $85 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2023 | $3,130 | $33,204 | $6,035 | $27,169 |
| 2022 | $2,774 | $30,035 | $5,459 | $24,576 |
| 2021 | $2,636 | $28,052 | $5,099 | $22,953 |
| 2020 | $2,501 | $26,640 | $4,842 | $21,798 |
| 2019 | $1,803 | $24,758 | $4,500 | $20,258 |
| 2018 | $1,682 | $22,877 | $4,158 | $18,719 |
| 2017 | $1,529 | $20,799 | $3,780 | $17,019 |
| 2016 | $1,413 | $19,144 | $3,466 | $15,678 |
| 2015 | $1,322 | $17,950 | $3,250 | $14,700 |
| 2014 | $1,322 | $17,900 | $3,250 | $14,650 |
| 2013 | $1,322 | $19,011 | $3,586 | $15,425 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: 12266194
APN: 07-07-311-004
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