NOT LISTED FOR SALE

2245 W Farwell Ave Unit 1A Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $133,151 - $150,000

1 Bed
1 Bath
700 Sq Ft
$225/mo HOA Fee

Last Sold June 19, 2020

Last sale price $97,000 $139 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,055/month

3 Days on Market

About This Home

As of June 2020

Bright and spacious well maintained 1st floor unit ready for new ownership. This end unit features hardwood floors thru out with stainless steel appliances in kitchen. 1 car parking, Storage and laundry in building. Unit can be rented, no rental cap. Ideal for Close to park, schools and public transportation.

Last Agent to Sell the Property

Mohammed Iftikhar

Guidance Realty License #475157330 Listed on: 05/26/2020

Last Buyer's Agent

Syed Hashmi

Guidance Realty License #471019208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,075

Year Renovated

  • 2013

Lot Details

  • 0.25

HOA Fees

  • $225 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,075

Year Renovated

2013

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2013
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2013

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X18, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Range Hood
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 8X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 225
  • Management Contact Name: Steve
  • Management Phone: 773-764-6500

Fee Information

  • Management Company: Long Kogen Inc

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 11311220301007

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 3

Tax Info

  • Taxes: 716.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 19, 2020
Sold by
Syed Faizan Ali
Bought by
Hussain Syed D and Siddiqua Sitwath D
Seller's Agent
Mohammed Iftikhar
Guidance Realty
Buyer's Agent
Syed Hashmi
Guidance Realty
List Price
$97,500
Sold Price
$97,000
Premium/Discount to List
-$500
-0.51%
Current Estimated Value
$140,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,788
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jan 17, 2018
Sold by
Faizan Umme Neha
Bought by
Syed Faizan Ali

Purchase Details

Listed on
Aug 6, 2017
Closed on
Sep 14, 2017
Sold by
Chcago Title Land Trust Co
Bought by
Syed Faizan Ali and Faizan Umme Neha
Seller's Agent
Dante Castillo
ECG Realty Inc
Buyer's Agent
Muzammil Lashkariya
Kale Realty
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Nov 2, 2011
Sold by
Lota Elmer
Bought by
Chicago Title Land Trust Company and Trust #8002358238

Purchase Details

Closed on
Sep 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
Lota Elmer

Purchase Details

Closed on
Apr 15, 2011
Sold by
Cutahija Edin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 1, 2006
Sold by
Cutahija Nedim
Bought by
Cutahija Edin and Heco Amela

Purchase Details

Closed on
Jun 1, 2004
Sold by
Cutahija Edin
Bought by
Cutahija Nedim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2003
Sold by
Oakwell Gardens Ii Condominium Llc
Bought by
Cutahija Nedim and Cutahija Edin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.01%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hussain Syed D $97,000 Chicago Title
Syed Faizan Ali -- None Available
Syed Faizan Ali $90,000 Chicago Title Land Trust Com
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Lota Elmer $38,000 First American Title
Wells Fargo Bank Na -- None Available
Cutahija Edin -- Ticor Title Ins Co 1998
Cutahija Nedim -- Chicago Title Insurance Comp
Cutahija Nedim $105,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutahija Nedim $101,500
Previous Owner Cutahija Nedim $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $97,000 -0.5% $139 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $97,500 +8.3% $139 / Sq Ft
09/21/2017 09/21/17 Sold $90,000 -- $129 / Sq Ft View Prior Sale
08/27/2017 08/27/17 Pending -- -- --
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 $1,075 $9,813 $1,898 $7,915
2023 $2,054 $5,094 $1,518 $3,576
2022 $2,054 $9,988 $1,518 $8,470
2021 $2,009 $9,988 $1,518 $8,470
2020 $727 $6,365 $1,433 $4,932
2019 $730 $7,061 $1,433 $5,628
2018 $716 $7,061 $1,433 $5,628
2017 $1,071 $4,977 $1,265 $3,712
2016 $497 $4,977 $1,265 $3,712
2015 $431 $4,977 $1,265 $3,712
2014 $276 $4,057 $1,138 $2,919
2013 $260 $4,057 $1,138 $2,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10725574

Midwest Real Estate Data (MRED)

APN: 11-31-122-030-1007