NOT LISTED FOR SALE

2224 W Madison St Unit 101 Chicago, IL 60612

United Center Neighborhood

Estimated Value: $270,500 - $308,000

2 Beds
1 Bath
1,130 Sq Ft
36,155 Sq Ft Lot

Sale Details

Date Sold: December 30, 2013

Last sale price $112,500 $100 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,013 / mo

73 Days on Market

Highlights

  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • 4-minute walk to Starr (Ellen Gates) Park

About This Home

As of December 2013

THIS IS A FANNIE MAE HOMEPATH PROPERTY. 2 BED/1 BA CONDO W/ HARDWOOD FLOORS, RECESSED LIGHTING, LARGE KITCHEN WITH S/S APPLIANCES. STEPS FROM THE UNITED CENTER! GREAT OPPORTUNITY!

Last Agent to Sell the Property

Adam Wavrunek

Domain Realty License #471013415 Listed on: 09/03/2013

Last Buyer's Agent

Jason Kim

Property Details

Home Type

  • Condominium

Year Built

  • 2008

Lot Details

  • 0.83

HOA Fees

  • $138 per month

Home Design

  • Brick Exterior Construction
  • Block Exterior

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2008

Lot Details

0.83 Acres

HOA Fees

$138 per month

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train, Interstate Access
  • Unit Floor Level: 1
  • Age: 1-5 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2008
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2008

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1130
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Block

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water
  • Assessment Association Fees: 138
  • Management Contact Name: Anne Swanton
  • Management Phone: 888-633-8276X616

Fee Information

  • Management Company: Connected Property Management

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17073290501010

Multi Family

  • Total Number Unitsin Building: 33
  • Number Stories: 3

Tax Info

  • Taxes: 2,233.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Dec 27, 2013
Sold by
Federal National Mortgage Association
Bought by
Park Junsuk
Seller's Agent
Adam Wavrunek
Domain Realty
Buyer's Agent
Jason Kim
List Price
$109,000
Sold Price
$112,500
Premium/Discount to List
$3,500
3.21%
Current Estimated Value
$288,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,125
Avg. Annual Appreciation
7.97%
Original Mortgage
$100,000
Outstanding Balance
$25,054
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$263,571

Purchase Details

Closed on
Jul 8, 2013
Sold by
Kushnir Linda
Bought by
Federal National Mortgage Association
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
Park Junsuk $112,500 Premier Title
Federal National Mortgage Association -- Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Junsuk $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $112,500 +3.2% $100 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $109,000 -- $96 / 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
2025 $4,003 $20,147 $4,783 $15,364
2024 $4,003 $20,147 $4,783 $15,364
2023 $4,117 $18,909 $2,623 $16,286
2022 $4,117 $19,946 $2,623 $17,323
2021 $4,024 $19,946 $2,623 $17,323
2020 $3,059 $13,684 $2,623 $11,061
2019 $3,019 $14,976 $2,623 $12,353
2018 $2,968 $14,976 $2,623 $12,353
2017 $1,681 $7,783 $2,314 $5,469
2016 $1,559 $7,783 $2,314 $5,469
2015 $1,426 $7,783 $2,314 $5,469
2014 $2,066 $11,133 $1,967 $9,166
2013 $2,025 $11,133 $1,967 $9,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08436134

Midwest Real Estate Data (MRED)

APN: 17-07-329-050-1010

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