$249,000
SOLD OCT 18, 2024

2240 W Madison St Unit 102 Chicago, IL 60612

United Center Neighborhood
2 Beds
1 Bath
1,100 Sq Ft
$264/mo HOA Fee

Recently Sold

$226 Per Sq Ft

5% Below List Price

204 Days on Market

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 October 2024

Remarks: Your Search Ends Here! Welcome Home to this Modern Oasis in the heart of the City. This beautiful & modern 2-bedroom condo features a bright and open living space with a contemporary design. Master bedroom includes a good size walk-in closet. Nice kitchen cabinetry, and granite countertop for the ideal aspiring chef. The split bedroom layout is thoughtfully designed, providing a cozy retreat after a long day. Located in a prime location. 5-minute walk to United Center and right in the heart of Chicago's bustling medical district, walking distance to Fulton Market, near West Loop & New Green Line. Centrally located with easy access to great restaurants, shops and entertainment the city has to offer. This condo is a true urban gem, nicely updated and ready to be your new home sweet home.

Last Agent to Sell the Property

Nancy Claussen

Baird & Warner License #475125548 Listed on: 02/20/2024

Baird & Warner

Last Buyer's Agent

Alisa McLaughlin

Keller Williams ONEChicago License #475121097

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,627

Year Built

  • Built in 2005

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-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
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

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

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, scavenger, snow removal
  • 33 Units
  • Makena Adkins Association, Phone Number (773) 536-9451
  • Property managed by Deen Assoc Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,627

Year Built

Built in 2005

Lot Details

0

HOA Fees

$264 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: 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
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

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: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 249900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Driveway: Asphalt,Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 264
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Deen Assoc Management
  • Management Contact Name: Makena Adkins
  • Management Phone: 773-536-9451
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 0

Tax Info

  • Tax Annual Amount: 3627
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 33

Ownership History

Date Name Owned For Owner Type

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
8.82%
Original Mortgage
$236,550
Outstanding Balance
$235,666
Interest Rate
7.53%
Mortgage Type
New Conventional
Estimated Equity
$29,632

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
Outstanding Balance
$235,666
Interest Rate
7.53%
Mortgage Type
New Conventional
Estimated Equity
$29,632

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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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 $249,000 Chicago Title Insurance Compan
Warranty Deed $1,000,000 None Listed On Document
Warranty Deed $180,000 North American Title Company
Special Warranty Deed $73,500 Lakeshore Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,550 New Conventional
Previous Owner $144,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 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 $3,527 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11980995

Midwest Real Estate Data (MRED)

APN: 17-07-329-050-1030