NOT LISTED FOR SALE

2225 W Ainslie St Unit 2B Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $232,000 - $278,000

1 Bed
1 Bath
-- Sq Ft
$250/mo HOA Fee

Last Sold August 25, 2023

Last sale price $224,500

Est. 14% increase in value since last sale

Current estimated payment $1,872/month

6 Days on Market

Highlights

  • Fitness Center
  • Corner Lot
  • Formal Dining Room
  • Wood Flooring
  • Granite Countertops
  • Walk-In Closet

About This Home

As of August 2023

WALK TO ALL THAT LINCOLN SQUARE HAS TO OFFER INCL THE SQUARE,MULTIPLE PARKS & ENDLESS SHOPPING/ENTERTAINMENT/DINING OPTIONS FROM THIS BRIGHT/QUIET/EXTRA-WIDE (NEARLY 23' INTERIOR) & CHARMING 1BD/1BA HOME IN AN EXTREMELY WELL-MAINTAINED CORNER BUILDING ON ONE OF LINCOLN SQUARE'S PREMIER TREE-LINED STREETS;HIGHLIGHTS INCLUDE HARDWOOD FLOORS T/O,MAPLE/GRANITE KITCHEN W/BRAND NEW D/W & M/W (JULY 2023) OPENS TO A TRUE SEPARATE DINING & LIVING ROOM;RARE FREE LAUNDRY IN LOWER LEVEL (NEW W/D - 2018) & GREAT STORAGE/CLOSET SPACE INCL WALK-IN ENTRY CLOSET & ADD'L LARGE PRIVATE STORAGE IN BUILDING;EZ STREET PARKING & STEPS TO RENTAL PARKING OPTIONS!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 07/17/2023

Compass

Last Buyer's Agent

Paul deLuca

eXp Realty License #475190985

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1908 | Remodeled in 2005

Lot Details

  • Zero Lot Line

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Mcpherson Elementary School
  • Amundsen High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Self Managed Association
  • Property managed by SELF-MANAGED

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,151

Year Built

Built in 1908 | Remodeled in 2005

Lot Details

0

HOA Fees

$250 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: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2005
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Granite Counters, Separate Dining Room
  • Room Type: Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Foundation Details: Concrete Perimeter, Stone
  • Lot Features: Common Grounds, Corner Lot
  • OtherStructures: None
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Amenities: Bike Room/Bike Trails, Exercise Room, Storage, Laundry
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF-MANAGED
  • Management Contact Name: SELF-MANAGED
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Mcpherson Elementary School
  • High School: Amundsen High School
  • Middle/Junior School: Mcpherson Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3150.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 18, 2023
Sold by
Mercer Tore N and Mcqueen Christopher M
Bought by
Phillips Preston and Hubinek Jade
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Paul deLuca
eXp Realty
List Price
$224,500
Sold Price
$224,500
Views
17
Current Estimated Value
$254,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,418
Avg. Annual Appreciation
5.78%
Original Mortgage
$202,050
Outstanding Balance
$197,606
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$57,312

Purchase Details

Listed on
Jul 17, 2023
Closed on
Jul 14, 2023
Sold by
Mcqueen Christopher M and Mcqueen Tove N
Bought by
Mercer Tove N
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Paul deLuca
eXp Realty
List Price
$224,500
Sold Price
$224,500
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,050
Outstanding Balance
$197,606
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$57,312

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jun 5, 2015
Sold by
Branham Jon D
Bought by
Mcqueen Christopher M and Mercer Tove N
Seller's Agent
Alley Ballard
@properties Christie's International Real Estate
Buyer's Agent
James Barclay
Baird & Warner
List Price
$179,000
Sold Price
$172,500
Premium/Discount to List
-$6,500
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$163,875
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Ciemmy Janine P
Bought by
Branham Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2005
Sold by
Ainslie Bell Llc
Bought by
Ciemny Janine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips Preston $224,500 None Listed On Document
Mercer Tove N -- None Listed On Document
Mcqueen Christopher M $172,500 Proper Title Llc
Branham Jon D $144,000 None Available
Ciemny Janine P $178,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Preston $202,050
Previous Owner Mcqueen Christopher M $163,875
Previous Owner Branham Jon D $115,200
Previous Owner Ciemny Janine P $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $224,500 0.0% --
07/24/2023 07/24/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $224,500 +30.1% --
06/24/2015 06/24/15 Sold $172,500 -3.6% $216 / Sq Ft View Prior Sale
05/01/2015 05/01/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $179,000 -- $224 / 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 $3,309 $19,339 $3,097 $16,242
2023 $3,204 $19,000 $2,490 $16,510
2022 $3,204 $19,000 $2,490 $16,510
2021 $3,151 $18,999 $2,489 $16,510
2020 $3,087 $16,961 $1,307 $15,654
2019 $2,770 $17,218 $1,307 $15,911
2018 $2,723 $17,218 $1,307 $15,911
2017 $2,427 $14,649 $1,120 $13,529
2016 $2,434 $14,649 $1,120 $13,529
2015 $2,204 $14,649 $1,120 $13,529
2014 $2,442 $15,731 $840 $14,891
2013 -- $15,731 $840 $14,891
Source: Public Records

Agents Affiliated with this Home

  • Mario Greco

    Seller's Agent in 2023

    Mario Greco

    Compass

    (773) 255-6562

    18 in this area

    1,037 Total Sales

    Mario Greco
    Section Image
  • Paul deLuca

    Buyer's Agent in 2023

    Paul deLuca

    eXp Realty

    1 in this area

    56 Total Sales

    Paul deLuca
    Section Image
  • Alley Ballard

    Seller's Agent in 2015

    Alley Ballard

    @ Properties

    (312) 848-7787

    6 in this area

    275 Total Sales

    Alley Ballard
    Section Image
  • John Park

    Seller Co-Listing Agent in 2015

    John Park

    @ Properties

    (847) 651-1983

    1 in this area

    73 Total Sales

    John Park
    Section Image
  • James Barclay

    Buyer's Agent in 2015

    James Barclay

    Baird & Warner

    (773) 294-9048

    11 in this area

    90 Total Sales

    James Barclay
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11833612

Midwest Real Estate Data (MRED)

APN: 14-07-321-039-1011

Illinois Cook County Chicago 60625 Lincoln Square

2225 W Ainslie St Unit 2B, Chicago, IL

Not Listed for Sale

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