$105,000
SOLD OCT 31, 2024

2338 W 111th St Unit 1 Chicago, IL 60643

Morgan Park Neighborhood
2 Beds
1 Bath
873 Sq Ft
$379/mo HOA Fee

Recently Sold

$120 Per Sq Ft

12% Below List Price

70 Days on Market

Highlights

  • Landscaped Professionally
  • Business Center
  • Formal Dining Room
  • Wood Flooring
  • Elevator
  • Fenced Yard

About This Home

As of October 2024

**Charming 2-Bedroom Condo in Chicago's Beverly Neighborhood** This delightful 2-bedroom, 1-bathroom condo offers the perfect blend of comfort and convenience in the desirable Beverly neighborhood. You'll be greeted by a bright and spacious living area with new hardwood floors. The sliding glass door and large windows allow natural light to flood the space. The brand new kitchen cabinets offer ample cabinet space and a modern look. Both bedrooms are generously sized with plenty of closet space. Additional features includ parking, convenient on-site laundry facilities, a storage locker, grassy courtyard and much more. Situated at the center of the Beverly business district, this condo is steps away from shops, restaurants, parks, and public transportation options and a minutes drive from I-57. Don't miss the opportunity to make this pristine condo your new home! The owner has three identical 2BR units in this complex. Two are currently occupied. He is willing to sell all units together or separately.

Last Agent to Sell the Property

Erik Carrier

Lincoln Luxury Homes License #471020142 Listed on: 07/25/2024

Last Buyer's Agent

Kellye Jackson

Redfin Corporation License #475183372

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1966 | Remodeled in 2024

Lot Details

  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $379 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 873 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Intercom
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Stamped Concrete Patio
  • Porch

Location

  • Property is near a bus stop

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 24 Units
  • Property Manager Association, Phone Number (708) 949-5000
  • Property managed by AKM Property Management

Amenities

  • Building Patio
  • Common Area
  • Business Center
  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,238

Year Built

Built in 1966 | Remodeled in 2024

Lot Details

0

HOA Fees

$379 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: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 873
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch, Stamped Concrete Patio, Cable Access
  • List Price: 110000
  • Lot Features: Common Grounds, Fenced Yard, Landscaped, Sidewalks
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street, Parking Lot
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Baseboard, Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 379
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Business Center, Laundry, Fencing, Intercom, Patio, Public Bus
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: AKM Property Management
  • Management Contact Name: Property Manager
  • Management Phone: 708-949-5000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1238
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 25, 2024
Sold by
Hearne John T
Bought by
Thompson Charlene
Seller's Agent
Erik Carrier
Lincoln Luxury Homes
Buyer's Agent
Kellye Jackson
Redfin Corporation
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%
Views
147
Current Estimated Value
$112,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,692
Avg. Annual Appreciation
7.99%
Original Mortgage
$73,250
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2014
Sold by
Malley Marybeth O
Bought by
Marybeth Hearne John T and Malley Hearne Marybeth O

Purchase Details

Closed on
Sep 20, 2010
Sold by
Omalley Marybeth
Bought by
Omalley Marybeth and The Marybeth Omalley Trust

Purchase Details

Closed on
Sep 17, 2010
Sold by
Omalley Marybeth
Bought by
Omalley Marybeth
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 Type Sale Price Title Company
Warranty Deed $105,000 Citywide Title
Warranty Deed $105,000 Citywide Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $73,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $105,000 -4.5% $120 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
08/31/2024 08/31/24 Price Changed $110,000 +0.9% $126 / Sq Ft
08/15/2024 08/15/24 Price Changed $109,000 -8.4% $125 / Sq Ft
07/25/2024 07/25/24 For Sale $119,000 -- $136 / 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 $1,269 $9,713 $1,032 $8,681
2023 $1,238 $6,000 $817 $5,183
2022 $1,238 $6,000 $817 $5,183
2021 $1,210 $5,999 $817 $5,182
2020 $1,403 $6,282 $817 $5,465
2019 $1,385 $6,873 $817 $6,056
2018 $1,791 $9,045 $817 $8,228
2017 $1,854 $8,593 $731 $7,862
2016 $1,725 $8,593 $731 $7,862
2015 $1,579 $8,593 $731 $7,862
2014 $1,839 $9,888 $688 $9,200
2013 $1,803 $9,888 $688 $9,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12121413

Midwest Real Estate Data (MRED)

APN: 25-18-317-054-1007