$480,000
SOLD NOV 15, 2024

2225 W Foster Ave Unit 3 Chicago, IL 60625

Lincoln Square Neighborhood
2 Beds
2 Baths
1,350 Sq Ft
$252/mo HOA Fee

Recently Sold

$356 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

  • Penthouse
  • 1 Car Detached Garage
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

Lincoln Square 2 bed/2 bath Penthouse in Extra Wide Three Flat! Huge open concept kitchen/living/dining area with fireplace and soaring 11ft ceilings. All new kitchen appliances in 2022. Full interior staircase to new composite roof deck with beautiful skyline views. Entire roof is deeded to unit for private outdoor space. Hardwood floors throughout. Large primary suite and bath with double vanity, frameless glass shower and separate tub. Easy access to private deck off the primary suite, w/additional entry not through bedroom. Second bedroom and hall bath are just the right size for whatever you need. In unit laundry with newer washer and dryer. New furnace and AC with Ecobee thermostat. Garage parking included. Well maintained building with low assessments. Fantastic location with easy walk to brown line train, Metra, schools, Lincoln Square, Andersonville & Winnemac park right out your back door!

Last Agent to Sell the Property

Grace Flatt

@properties Christie's International Real Estate License #475138222 Listed on: 09/13/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Jill Silverstein

Compass License #475167682

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,584

Year Built

  • Built in 2004

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance
  • 3 Units
  • Association Phone (847) 555-5555

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,584

Year Built

Built in 2004

Lot Details

0

HOA Fees

$252 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1350
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 475000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 252
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: SELF MANAGED
  • Management Phone: 847-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance

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: 999

Tax Info

  • Tax Annual Amount: 8583.63
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 11, 2024
Sold by
Black Terese and Frantchechkova Ivelina
Bought by
Paulus Mckenna and Golomb-Leavitt Eve
Seller's Agent
Grace Flatt
@properties Christie's International Real Estate
Buyer's Agent
Jill Silverstein
Compass
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
18
Current Estimated Value
$484,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,096
Avg. Annual Appreciation
1.19%
Original Mortgage
$280,000
Outstanding Balance
$278,781
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$205,315

Purchase Details

Closed on
Nov 27, 2020
Sold by
Shane Jeffrey Baker
Bought by
Black Terese Marie and Frantchechova Ivelina

Purchase Details

Closed on
Jun 19, 2017
Sold by
Sliverman Michael L and Silverman Jennifer
Bought by
Black Terese and Frantchechkova Ivelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,415
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2012
Closed on
Mar 10, 2013
Sold by
Ghai Rahul and Pandya Jasma
Bought by
Silverman Michael L
Seller's Agent
Mark Paul
@properties Christie's International Real Estate
Buyer's Agent
David Baran
@properties Christie's International Real Estate
List Price
$309,900
Sold Price
$298,000
Premium/Discount to List
-$11,900
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$375
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Abbey Development Inc
Bought by
Ghai Rahul and Pandya Jasma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,520
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2004
Sold by
Jewell Ralph A
Bought by
Abbey Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2001
Sold by
Jewell Janette R
Bought by
Jewell Janette R and Janette R Jewell Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 None Listed On Document
Deed $300,000 None Available
Warranty Deed $377,000 Chicago Title
Warranty Deed $298,000 Fidelity National Title
Warranty Deed $382,000 Chicago Title Insurance Comp
Deed $290,000 Rtc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $337,415 New Conventional
Previous Owner $375 New Conventional
Previous Owner $60,000 Unknown
Previous Owner $305,520 Fannie Mae Freddie Mac
Previous Owner $697,000 Construction
Closed $57,285 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $480,000 +1.1% $356 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $475,000 +59.4% $352 / Sq Ft
03/27/2013 03/27/13 Sold $298,000 -3.8% $221 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $309,900 -- $230 / 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 $8,584 $49,691 $12,278 $37,413
2023 $8,346 $44,000 $9,872 $34,128
2022 $8,346 $44,000 $9,872 $34,128
2021 $8,178 $43,998 $9,871 $34,127
2020 $7,370 $36,185 $5,182 $31,003
2019 $7,333 $39,930 $5,182 $34,748
2018 $7,888 $39,930 $5,182 $34,748
2017 $5,412 $28,514 $4,442 $24,072
2016 $5,211 $28,514 $4,442 $24,072
2015 $4,744 $28,514 $4,442 $24,072
2014 $4,997 $29,500 $3,331 $26,169
2013 $5,365 $29,500 $3,331 $26,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12150997

Midwest Real Estate Data (MRED)

APN: 14-07-302-045-1003