NOT LISTED FOR SALE

2316 W Polk St Unit 1 Chicago, IL 60612

Tri-Taylor Neighborhood

Estimated Value: $375,000 - $538,000

1 Bed
1 Bath
1,000 Sq Ft
$476/Sq Ft Est. Value

Highlights

  • Balcony
  • Laundry Room
  • Central Air
  • Living Room
  • Ceramic Tile Flooring
  • 3-minute walk to Livingston Park

About This Home

As of August 2023

Very spacious 1 bedroom, 1 bathroom residence in the Tri-Taylor area with many great features. Features new laminate floors, freshly painted, spacious living room with separate dining area for full size dining table. Large kitchen with breakfast bar, plenty of cabinet space, and room for small dining table. Central heat and air conditioning and storage. Near Blue Line, University Village, Medical District, and Highway 290. Pet friendly.

Last Agent to Rent the Property

Jeffrey Kerr

CPG Management License #471018592 Listed on: 07/14/2023

Last Renter's Agent

Gabriella Rastelli

Keller Williams ONEChicago License #475208061

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 1885

Lot Details

  • 2,483

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Property Available on 8/1/23
  • 12 Month Lease Term

Community Details

Overview

  • 2 Units
  • Association Phone (773) 234-3557
  • Low-Rise Condominium
  • Property managed by CPG Managementy

Amenities

  • Community Storage Space

Pet Policy

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,528

Year Built

Built in 1885

Lot Details

0

Rental Info

  • Available Date: 2023-08-01
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1295
  • Security Deposit: 2 MTH
  • Fees/Approvals: Credit Report
  • Max Pet Weight: 50

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 1885
  • 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): No
  • Unit Floor Level: 1
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Storage
  • Rent Includes: None
  • Management Company: CPG Managementy
  • Management Phone: 773-234-3557

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2016
Sold by
Joseph Gloria
Bought by
Lin Yuankai and Chan Wing
Current Estimated Value
$476,004

Purchase Details

Closed on
Mar 9, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Joseph Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2008
Sold by
Vargo Sally
Bought by
Washington Mutual Bank and Washington Mutual Bank Fa

Purchase Details

Closed on
Apr 28, 2000
Sold by
Lasalle Bank National Assn
Bought by
Vargo Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
9.25%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Morado Mary Ann
Bought by
Lasalle National Trust Na and Trust #121837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Yuankai $290,000 Stewart Title
Joseph Gloria $230,000 World Title Guoranty Inc
Jpmorgan Chase Bank National Association -- World Title Guoranty Inc
Washington Mutual Bank -- None Available
Vargo Sally $305,000 --
Lasalle National Trust Na $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Gloria $225,834
Previous Owner Vargo Sally $274,500
Previous Owner Lasalle National Trust Na $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Rented $1,295 0.0% --
08/15/2023 08/15/23 Price Changed $1,295 -7.2% $1 / Sq Ft
07/14/2023 07/14/23 For Rent $1,395 -- --
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 $7,528 $36,800 $13,793 $23,007
2023 $7,339 $35,560 $11,084 $24,476
2022 $7,339 $35,560 $11,084 $24,476
2021 $7,174 $35,558 $11,083 $24,475
2020 $5,950 $26,619 $8,374 $18,245
2019 $4,652 $29,252 $8,374 $20,878
2018 $4,435 $29,252 $8,374 $20,878
2017 $4,950 $28,990 $7,389 $21,601
2016 $5,306 $28,990 $7,389 $21,601
2015 $6,460 $37,876 $7,389 $30,487
2014 $5,462 $32,006 $6,157 $25,849
2013 $5,343 $32,006 $6,157 $25,849
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Kerr

    Landlord's Agent in 2023

    Jeffrey Kerr

    CPG Management

    (773) 519-0698

    4 Total Sales

    Jeffrey Kerr
    Section Image

  • G

    Tenant's Agent in 2023

    Gabriella Rastelli

    Keller Williams ONEChicago

    (312) 216-2422

    22 Total Sales

    Gabriella Rastelli
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11832371

Midwest Real Estate Data (MRED)

APN: 17-18-305-026-0000

Illinois Cook County Chicago 60612 Tri-Taylor

2316 W Polk St Unit 1, Chicago, IL

Not Listed for Sale

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