NOT LISTED FOR SALE

2348 W 111th St Unit 1 Chicago, IL 60643

Morgan Park Neighborhood

Estimated Value: $117,137

2 Beds
1 Bath
-- Sq Ft
$285/mo HOA Fee

Last Sold October 07, 2022

Last sale price $95,000

Est. 23% increase in value since last sale

Current estimated payment $1,046/month

2 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Elevator
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of October 2022

COZY CONDO IN MORGAN PARK | This light-filled condo is located near W 111th St and Western. It boasts an updated kitchen with separate eating area, generously sized bedrooms, balcony facing the courtyard, wall AC unit and hardwood floors throughout. Located on the first floor, no stairs to climb. Coin laundry room located down the hall. Assigned parking behind the building. FairPlay Foods is across the street. CVS is next door. CTA buses are less than a block away. The Beverly Arts Center is on the corner. Pet friendly. Investor friendly. No rent cap. If you're looking for a quiet home conveniently located, this home is for you.

Last Agent to Sell the Property

Wanda Austin-Wingood

Redfin Corporation License #475191813 Listed on: 08/26/2022

Redfin Corporation

Last Buyer's Agent

Sharon Love-Bates

SLB Realty, Inc. License #471004326

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1966

Lot Details

  • 0.46

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 24 Units
  • Alliance Association, Phone Number (708) 645-0555
  • Property managed by Alliance

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,238

Year Built

Built in 1966

Lot Details

0

HOA Fees

$285 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: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 95000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 285
  • Association Amenities: Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Alliance
  • Management Contact Name: Alliance
  • Management Phone: 708-645-0555
  • 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
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 28, 2022
Sold by
Nagarajan Bridget Meghan and Nagarajan Arvind
Bought by
Williams Peter
Seller's Agent
Wanda Austin-Wingood
Redfin Corporation
Buyer's Agent
Sharon Love-Bates
SLB Realty, Inc.
List Price
$95,000
Sold Price
$95,000
Total Days on Market
2
Views
49
Current Estimated Value
$117,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,137
Avg. Annual Appreciation
8.19%
Original Mortgage
$92,150
Outstanding Balance
$89,257
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$27,880

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 26, 2021
Sold by
Metlow Pauline
Bought by
Nagarajan Bridget Meghan and Nagarajan Arvind
Seller's Agent
Luciana Parente
Baird & Warner
Buyer's Agent
Dave Shefren
Coldwell Banker Realty
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
May 4, 2012
Sold by
Stonecrest Income & Opportunity Fund I L
Bought by
Metlow Pauline

Purchase Details

Closed on
Jul 27, 2010
Sold by
Lasalle Bank National Association
Bought by
Stonecrest Income & Opportunity Fund 1 L

Purchase Details

Closed on
Jan 21, 2009
Sold by
Omalley Steve and Omalley Steven
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Mar 21, 2007
Sold by
Omalley Steve and Omalley Steven
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Nov 5, 2003
Sold by
State Bank Of Countryside
Bought by
Omalley Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Williams Peter $95,000 Old Republic Title
Nagarajan Bridget Meghan $80,000 Baird & Warner Ttl Svcs Inc
Metlow Pauline $20,000 Cti
Stonecrest Income & Opportunity Fund 1 L $13,481 None Available
Lasalle Bank National Association -- None Available
Lasalle Bank Na -- None Available
Omalley Steven $91,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Peter $92,150
Previous Owner Omalley Steven $14,500
Previous Owner Omalley Steven $86,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $95,000 0.0% --
08/29/2022 08/29/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $95,000 +18.8% --
06/14/2021 06/14/21 Sold $80,000 -2.4% --
05/19/2021 05/19/21 For Sale -- -- --
05/18/2021 05/18/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $82,000 0.0% --
05/14/2021 05/14/21 Price Changed $82,000 -8.9% --
04/03/2021 04/03/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $90,000 -- --
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 $1,238 $9,487 $1,008 $8,479
2023 $1,238 $6,000 $798 $5,202
2022 $1,238 $6,000 $798 $5,202
2021 $109 $5,999 $798 $5,201
2020 $109 $6,136 $798 $5,338
2019 $109 $6,713 $798 $5,915
2018 $1,069 $8,835 $798 $8,037
2017 $1,811 $8,393 $714 $7,679
2016 $1,685 $8,393 $714 $7,679
2015 $1,542 $8,393 $714 $7,679
2014 $1,796 $9,658 $672 $8,986
2013 $1,761 $9,658 $672 $8,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11611700

Midwest Real Estate Data (MRED)

APN: 25-18-317-054-1022