NOT LISTED FOR SALE

2311 W Ainslie St Unit 1 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $240,802 - $340,000

1 Bed
1 Bath
825 Sq Ft
$348/mo HOA Fee

Last Sold May 08, 2023

Last sale price $214,000 $259 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,057/month

3 Days on Market

Highlights

  • Deck
  • Gallery
  • Formal Dining Room
  • Wood Flooring
  • End Unit
  • Walk-In Closet

About This Home

As of May 2023

Terrific "true" Lincoln Square location! Easy 5 min. walk to great restaurants, bars and shops on Lincoln Ave. - Garcia's, Barba Yianni Taverna, Gene's Sausage Shop, Merz Apothecary, The Book Cellar and more! Relax and people watch at the fountain square while enjoying a pastry from Cafe Selmarie or ice-cream from Vaca's Creamery. 8 min. walk to the Farmer's Mkt., Lincoln Sq. Athletic Club and the Western Ave. Brown Line stop. Charming high 1st flr vintage 4RM/1BR on a pretty tree lined street. Bright unit with hdwd floors and a wonderful flexible floor plan. Can easily turn living room into a 2nd bedroom for a 4rm/2br if you desire. Foyer w/coat closet and room for a small console table or bookcase. Great gallery wall with room to hang photos and art. Living room can easily be converted to a large bedroom or use as an office/guest room like current occupants. Separate large dining room can also be used as an office or a living room (as shown in photos). Bedroom can accommodate a queen bed and two nightstands (or a king bed) and a dresser. Walk-in closet too! White tile bath with tub/shower combo. Sunny kitchen has a new SS d/w and leads to a deck. Easy access to laundry (.50 wash or dry!), bike area and private storage (5'x6'). Unit is very neutral and livable but could use some updating and is being sold in "AS-IS" condition. Pets allowed. Tenant occupied through 5/31/23 @$1425/month but may be amenable to vacating early. 30% rental cap is being instituted. 15 unit building. No AirBnb allowed. Easy street parking. Mariano's, LA Fitness and Ravenswood Metra stop are a 15 min. walk or a quick bus ride away. Beautiful Winnemac Park is close by. Special asmt. has been paid in full by Seller. Tenant exclusions listed in Broker Remarks. Must submit pre-approval or proof of funds with all offers please.

Last Agent to Sell the Property

Dawn Drewganis

Coldwell Banker Realty License #471009759 Listed on: 03/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Malmquist

Cross Street Real Estate License #475168889

Cross Street Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,074

Year Built

  • Built in 1919

Lot Details

  • 7,928

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 825 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Gallery
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Radiator
  • Lake Michigan Water

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include heat, water, insurance, scavenger
  • 15 Units
  • Renee Foley Association, Phone Number (312) 455-0107
  • Property managed by Chicago Property Service

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,074

Year Built

Built in 1919

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s), Separate Dining Room
  • LivingArea: 825
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Foyer, Gallery, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, End Unit
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiator(s)
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 348
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Chicago Property Service
  • Management Contact Name: Renee Foley
  • Management Phone: 312-455-0107
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Scavenger

Lot Info

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

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3074.39
  • Tax Year: 2021

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 14, 2023
Sold by
Shahda Robyn
Bought by
Blosser Nicholas
Seller's Agent
Dawn Drewganis
Coldwell Banker Realty
Buyer's Agent
Stephanie Malmquist
Cross Street Real Estate
List Price
$199,900
Sold Price
$214,000
Premium/Discount to List
$14,100
7.05%
Views
25
Current Estimated Value
$274,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,080
Avg. Annual Appreciation
9.23%
Original Mortgage
$171,200
Outstanding Balance
$166,885
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$103,066

Purchase Details

Closed on
Sep 7, 2001
Sold by
Terranova Roberto G
Bought by
Shahda Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,700
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1998
Sold by
Perencevic Milan and Perencevic Mirjana
Bought by
Terranova Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,330
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Blosser Nicholas $214,000 Chicago Title
Shahda Robyn $156,000 Ticor Title Insurance
Terranova Robert G $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blosser Nicholas $171,200
Previous Owner Shahda Robyn $124,700
Previous Owner Terranova Robert G $86,330
Closed Shahda Robyn $23,385
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Sold $214,000 +7.1% $259 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $199,900 -- $242 / 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 $3,229 $19,814 $4,649 $15,165
2023 $3,126 $18,620 $3,738 $14,882
2022 $3,126 $18,620 $3,738 $14,882
2021 $3,074 $18,619 $3,738 $14,881
2020 $2,627 $14,894 $1,962 $12,932
2019 $2,613 $16,436 $1,962 $14,474
2018 $2,568 $16,436 $1,962 $14,474
2017 $2,976 $17,201 $1,682 $15,519
2016 $2,945 $17,201 $1,682 $15,519
2015 $2,671 $17,201 $1,682 $15,519
2014 $2,047 $13,602 $1,261 $12,341
2013 $1,996 $13,602 $1,261 $12,341
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dawn Drewganis

    Coldwell Banker Realty

    (773) 491-5336

    1 in this area

    14 Total Sales

    Dawn Drewganis
    Section Image
  • Stephanie Malmquist

    Buyer's Agent in 2023

    Stephanie Malmquist

    Cross Street Real Estate

    (815) 342-7666

    4 in this area

    130 Total Sales

    Stephanie Malmquist
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11722316

Midwest Real Estate Data (MRED)

APN: 14-07-319-039-1013

Illinois Cook County Chicago 60625 Lincoln Square

2311 W Ainslie St Unit 1, Chicago, IL

Not Listed for Sale

Condos

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