NOT LISTED FOR SALE

2241 N Magnolia Ave Unit 5 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $539,000 - $596,536

2 Beds
1 Bath
-- Sq Ft
$228/mo HOA Fee

Last Sold June 15, 2018

Last sale price $404,000

Est. 40% increase in value since last sale

Current estimated payment $3,959/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Laundry Room
  • Mayer Elementary School Rated A-
  • Stainless Steel Appliances
  • 3-minute walk to Trebes Park

About This Home

As of June 2018

SUNDRENCHED 2 BDRM/1 BATH ON BEAUTIFUL TREE-LINED MAGNOLIA. IN THE HEART OF LINCOLN PARK/DEPAUL THIS CONDO OFFERS - 13 FT CEILING, OAK HARDWOOD FLOORS, WOOD FIRE W/EXPOSED BRICK. OPEN KITCHEN W/BREAKFAST BAR, STAINLESS APPLIANCES, SEPARATE DINING TABLE SPACE. IN-UNIT W/D. UPDATED BATH, WALK-IN MASTER CLOSET, OUTDOOR PATIO OFF THE MASTER, GREAT STORAGE. WALK TO SHOPS, RESTAURANTS, TRANSPORTATION, AND EXPRESSWAY. PARKING!

Last Agent to Sell the Property

Brianna Schmidt

Second City Real Estate License #471018287 Listed on: 05/02/2018

Co-Listed By

Charlie Shields

Second City Real Estate License #475175348

Last Buyer's Agent

Neil Hackler

Engel & Voelkers Chicago License #475144025

Engel & Voelkers Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,710

Year Built

  • Built in 1886 | Remodeled in 2015

HOA Fees

  • $228 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 6 Units
  • Association Phone (312) 555-1212
  • Condo

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,710

Year Built

Built in 1886 | Remodeled in 2015

Lot Details

0

HOA Fees

$228 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1886
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood
  • Room Type: No additional rooms
  • Stories Total: 2
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 409999
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site, Other
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 228
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: SELF MANAGED
  • Management Contact Name: OWNER
  • Management Phone: 312-555-1212

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6710
  • Tax Year: 2016
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 12, 2018
Sold by
Brighton Jeffrey T and Brighton Kimberly H
Bought by
Palmore Benjamin
Seller's Agent
Brianna Schmidt
Second City Real Estate
Buyer's Agent
Neil Hackler
Engel & Voelkers Chicago
List Price
$409,999
Sold Price
$404,000
Premium/Discount to List
-$5,999
-1.46%
Current Estimated Value
$563,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,884
Avg. Annual Appreciation
4.63%
Original Mortgage
$383,800
Outstanding Balance
$333,766
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$230,118

Purchase Details

Closed on
Aug 27, 2010
Sold by
Leu Rebecca L
Bought by
Leu Rebecca Lynne and The Rebecca Lynne Leu Trust

Purchase Details

Closed on
Apr 29, 1996
Sold by
Hutchison Douglas Paul and Hutchison Leslie
Bought by
Leu Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.86%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Palmore Benjamin $404,000 First American Title
Leu Rebecca Lynne -- None Available
Leu Rebecca L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmore Benjamin $383,800
Previous Owner Leu Rebecca L $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $404,000 -1.5% --
05/07/2018 05/07/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $409,999 +28.1% --
04/30/2012 04/30/12 Sold $320,000 -3.0% -- View Prior Sale
03/27/2012 03/27/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $330,000 -- --
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 $9,006 $45,450 $16,606 $28,844
2023 $8,758 $46,000 $13,392 $32,608
2022 $8,758 $46,000 $13,392 $32,608
2021 $8,580 $45,999 $13,392 $32,607
2020 $6,650 $32,952 $11,784 $21,168
2019 $6,502 $35,790 $11,784 $24,006
2018 $6,391 $35,790 $11,784 $24,006
2017 $7,023 $36,000 $9,642 $26,358
2016 $6,710 $36,000 $9,642 $26,358
2015 $6,116 $36,000 $9,642 $26,358
2014 $6,165 $33,229 $7,231 $25,998
2013 $6,044 $33,229 $7,231 $25,998
Source: Public Records

Agents Affiliated with this Home

  • Brianna Schmidt

    Seller's Agent in 2018

    Brianna Schmidt

    Second City Real Estate

    (847) 312-6043

    1 in this area

    58 Total Sales

    Brianna Schmidt
    Section Image
  • Charlie Shields

    Seller Co-Listing Agent in 2018

    Charlie Shields

    Second City Real Estate

    (630) 209-8514

    26 Total Sales

    Charlie Shields
    Section Image
  • Neil Hackler

    Buyer's Agent in 2018

    Neil Hackler

    Engel & Voelkers Chicago

    (773) 677-3479

    1 in this area

    123 Total Sales

    Neil Hackler
    Section Image
  • Heidie Maslo

    Seller's Agent in 2012

    Heidie Maslo

    @ Properties

    (312) 617-2230

    11 in this area

    62 Total Sales

    Heidie Maslo
    Section Image
  • Jill Hare

    Buyer's Agent in 2012

    Jill Hare

    Jameson Sotheby's Intl Realty

    (312) 560-2617

    2 in this area

    76 Total Sales

    Jill Hare
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09935787

Midwest Real Estate Data (MRED)

APN: 14-32-113-040-1005

Illinois Cook County Chicago 60614 West DePaul

2241 N Magnolia Ave Unit 5, Chicago, IL

This home is located at 2241 N Magnolia Ave Unit 5, Chicago, IL 60614 since 02 May 2018 and is currently estimated at $563,884. This property was built in 1886. 2241 N Magnolia Ave Unit 5 is a home located in Cook County with nearby schools including Mayer Elementary School, Lincoln Park High School, and St Josaphat School.

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