RENTED AUG 23, 2025

2240 W Madison St Unit 102 Chicago, IL 60612

United Center Neighborhood

Estimated Value: $249,000 - $317,000

2 Beds
1 Bath
1,100 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $249,000 $226 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,743/month

Highlights

  • Wood Flooring
  • Central Air
  • Family Room
  • Laundry Room
  • Combination Dining and Living Room
  • 3-minute walk to Starr (Ellen Gates) Park

About This Home

As of August 2025

Welcome to your worry free gated condo apartment with Parking included! This 2-bedroom unit features a bright and open living space with a contemporary design. The spacious primary bedroom has a walk-in closet and the kitchen boasts solid cabinetry and granite countertop. The split bedroom layout is thoughtfully designed, providing a cozy retreat after a long day. The apartment is located in a prime location... 5-minute walk to United Center, near the heart of Chicago's bustling Medical District, walking distance to Fulton Market, and only a short commute to downtown. Centrally located with easy access to great restaurants, Pete's grocery store, shops and entertainment... you can explore the city from here easily via public buses or the nearby green line train. This is a great place to live!

Last Agent to Rent the Property

Alisa McLaughlin

Keller Williams ONEChicago License #475121097 Listed on: 05/19/2025

Keller Williams ONEChicago

Last Renter's Agent

Alisa McLaughlin

Keller Williams ONEChicago License #475121097 Listed on: 05/19/2025

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Available
  • Driveway
  • Off Alley Parking

Utilities

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

Listing and Financial Details

  • Property Available on 5/23/25
  • Rent includes heat, water, parking, scavenger, exterior maintenance, lawn care, snow removal, air conditioning

Community Details

Overview

  • 33 Units
  • Makena Adkins Association, Phone Number (773) 536-9451
  • Property managed by Deen Assoc Management

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2025-05-23
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Rental Price: 2550
  • Security Deposit: 1MO
  • Is Parking Included in Price: No

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 1
  • Property Attached: Yes
  • Year Built: 2005
  • 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
  • Actual Status: Rented
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Concrete, Off Alley, On Site, Owned
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Association Amenities: None
  • Rent Includes: Heat, Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal, Air Conditioning
  • Management Company: Deen Assoc Management
  • Management Contact Name: Makena Adkins
  • Management Phone: 773-536-9451

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
Aug 6, 2025
Sold by
Townsend Runnell and Townsend Maria Frances
Bought by
Runnell Townsend Jr Revocable Living Trust
Seller's Agent
Alisa McLaughlin
Keller Williams ONEChicago
Buyer's Agent
Alisa McLaughlin
Keller Williams ONEChicago
Sold Price
$2,650
Views
12
Current Estimated Value
$275,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,997

Purchase Details

Listed on
Feb 20, 2024
Closed on
Oct 18, 2024
Sold by
Herrera Alan R
Bought by
Townsend Maria and Townsend Runnell
Seller's Agent
Nancy Claussen
Baird & Warner
Buyer's Agent
Alisa McLaughlin
Keller Williams ONEChicago
List Price
$262,000
Sold Price
$249,000
Premium/Discount to List
-$13,000
-4.96%
Views
319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$236,550
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2024
Closed on
Sep 5, 2024
Sold by
Almassy Derrick A
Bought by
Safford Brett
Seller's Agent
Nancy Claussen
Baird & Warner
Buyer's Agent
Alisa McLaughlin
Keller Williams ONEChicago
List Price
$262,000
Sold Price
$249,000
Premium/Discount to List
-$13,000
-4.96%
Views
319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jul 8, 2016
Sold by
Almassian Bejan
Bought by
Herrera Alan R
Seller's Agent
Nancy McAdam
Jameson Sotheby's Intl Realty
Buyer's Agent
Nancy Claussen
Baird & Warner
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$144,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2012
Sold by
2200 W Madison Group Llc
Bought by
Almassian Bejan
Source: Public Records
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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
Runnell Townsend Jr Revocable Living Trust -- None Listed On Document
Runnell Townsend Jr Revocable Living Trust -- None Listed On Document
Townsend Maria $249,000 Chicago Title Insurance Compan
Safford Brett $1,000,000 None Listed On Document
Herrera Alan R $180,000 North American Title Company
Almassian Bejan $73,500 Lakeshore Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Townsend Maria $236,550
Previous Owner Herrera Alan R $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2025 08/23/25 Rented $2,650 +3.9% --
06/28/2025 06/28/25 Price Changed $2,550 -1.9% $2 / Sq Ft
06/13/2025 06/13/25 Price Changed $2,600 -3.7% $2 / Sq Ft
06/06/2025 06/06/25 Price Changed $2,700 -3.6% $2 / Sq Ft
05/29/2025 05/29/25 Price Changed $2,800 -6.7% $3 / Sq Ft
05/19/2025 05/19/25 For Rent $3,000 0.0% --
10/18/2024 10/18/24 Sold $249,000 0.0% $226 / Sq Ft View Prior Sale
09/16/2024 09/16/24 Off Market $249,000 -- --
09/12/2024 09/12/24 Pending -- -- --
09/10/2024 09/10/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $249,900 -2.0% $227 / Sq Ft
04/13/2024 04/13/24 Price Changed $255,000 -0.8% $232 / Sq Ft
03/15/2024 03/15/24 Price Changed $257,000 -1.9% $234 / Sq Ft
02/20/2024 02/20/24 For Sale $262,000 0.0% $238 / Sq Ft
12/11/2023 12/11/23 Rented $2,000 +5.3% --
11/25/2023 11/25/23 For Rent $1,900 0.0% --
08/31/2016 08/31/16 Sold $180,000 -2.7% $180 / Sq Ft View Prior Sale
06/30/2016 06/30/16 Pending -- -- --
05/25/2016 05/25/16 Price Changed $184,900 -5.2% $185 / Sq Ft
04/28/2016 04/28/16 For Sale $195,000 -- $195 / 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 $3,527 $17,749 $4,214 $13,535
2024 $3,527 $17,749 $4,214 $13,535
2023 $3,626 $16,659 $2,311 $14,348
2022 $3,626 $17,572 $2,311 $15,261
2021 $3,545 $17,571 $2,310 $15,261
2020 $2,694 $12,055 $2,310 $9,745
2019 $2,660 $13,193 $2,310 $10,883
2018 $2,615 $13,193 $2,310 $10,883
2017 $1,481 $6,857 $2,039 $4,818
2016 $1,373 $6,857 $2,039 $4,818
2015 $1,257 $6,857 $2,039 $4,818
2014 $1,820 $9,808 $1,733 $8,075
2013 $1,784 $9,808 $1,733 $8,075
Source: Public Records

Agents Affiliated with this Home

  • Alisa McLaughlin

    Landlord's Agent in 2025

    Alisa McLaughlin

    Keller Williams ONEChicago

    (312) 972-9662

    1 in this area

    22 Total Sales

    Alisa McLaughlin
    Section Image
  • Nancy Claussen

    Seller's Agent in 2024

    Nancy Claussen

    Baird Warner

    (224) 763-8743

    1 in this area

    36 Total Sales

    Nancy Claussen
    Section Image

  • S

    Seller's Agent in 2023

    Stephanie Soto

    Pearson Realty Group

    (773) 787-5014

    2 Total Sales

    Stephanie Soto
    Section Image

  • T

    Buyer's Agent in 2023

    Theresa Lugo

    Keller Williams Realty Ptnr,LL

    Section Image
  • Nancy McAdam

    Seller's Agent in 2016

    Nancy McAdam

    Jameson Sotheby's Intl Realty

    (312) 339-9460

    126 Total Sales

    Nancy McAdam
    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Gail Fleming

    Jameson Sotheby's Int'l Realty

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12368518

Midwest Real Estate Data (MRED)

APN: 17-07-329-050-1030

Illinois Cook County Chicago 60612 United Center

2240 W Madison St Unit 102, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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