NOT LISTED FOR SALE

2401 W Balmoral Ave Unit 2D Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $101,000 - $126,000

-- Bed
1 Bath
500 Sq Ft
$206/mo HOA Fee

Last Sold May 05, 2023

Last sale price $86,000 $172 Per Sq Ft

5 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Baseboard Heating
  • Resident Manager or Management On Site
  • Dining Room
  • Family Room

About This Home

As of May 2023

Great investment condo, no rental cap, monthly rent $900 (month-to-month), low assessment fee, low property tax, next to bus stop terminal station, water/heating is covered by the assessment fee, no special assessment, , the condo was upgraded in 2015, cap rate of 8.5%+. Laundry room on site. Pet friendly, gated country yard style. The tenant wants to stay, but can move out with 30-day notification. Parking space can be rented from the association for $75 per month. The tenant will move out by the end of April.

Last Agent to Sell the Property

Xiaohuang Wu

AiHome Realty Group LLC License #471019897 Listed on: 04/18/2023

Last Buyer's Agent

Josh Reighard

Baird & Warner License #475204886

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,005

Lot Details

  • 0.27

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 500 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Utilities

  • No Cooling
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 20 Units
  • Natali Association, Phone Number (773) 271-7515
  • Property managed by quality management

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,005

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Studio
  • Age: Unknown
  • 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: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 500
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 84900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Dogs OK, Number Limit, Size Limit
  • Association Fee: 206
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: quality management
  • Management Contact Name: natali
  • Management Phone: 773-271-7515
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1005
  • Tax Year: 2021

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 4, 2023
Sold by
Living Trust
Bought by
Narov Blagovest Todorov and Aluminova Emiliya Vasileva
Seller's Agent
Xiaohuang Wu
AiHome Realty Group LLC
Buyer's Agent
Josh Reighard
Baird & Warner
List Price
$84,900
Sold Price
$86,000
Premium/Discount to List
$1,100
1.3%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%

Purchase Details

Closed on
May 2, 2022
Sold by
Wu Xiaohuang
Bought by
Living Of Xiaohuang Wu

Purchase Details

Listed on
Oct 27, 2014
Closed on
Feb 20, 2015
Sold by
Haynes Mary
Bought by
Wu Xiaohuang S
Seller's Agent
Ali Kahkesh
Sky High Real Estate Inc.
Buyer's Agent
Simon Liang
Concentric Realty, Inc
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
Sep 16, 2014
Sold by
Ariya Properties Llc
Bought by
Haynes Mary F

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 2, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ariya Properties Llc
Seller's Agent
Linda O'Donnell
O'Donnell Partners
Buyer's Agent
Monira Soliman
NB ELITE REALTY LLC
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Nagylang Endre
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 18, 2008
Sold by
N 2400 & 11 W Balmoral Llc
Bought by
Nagylang Endre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.74%
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
Narov Blagovest Todorov $86,000 Citywide Title
Living Of Xiaohuang Wu -- None Listed On Document
Wu Xiaohuang S $44,000 First American Title
Haynes Mary F -- None Available
Ariya Properties Llc $27,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Nagylang Endre $129,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nagylang Endre $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $86,000 +1.3% $172 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $84,900 +93.0% $170 / Sq Ft
02/20/2015 02/20/15 Sold $44,000 -6.2% $88 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
12/08/2014 12/08/14 Price Changed $46,900 -6.0% $94 / Sq Ft
12/02/2014 12/02/14 For Sale $49,900 +13.4% $100 / Sq Ft
11/19/2014 11/19/14 Off Market $44,000 -- --
10/27/2014 10/27/14 For Sale $49,900 +81.5% $100 / Sq Ft
05/17/2013 05/17/13 Sold $27,500 -8.0% $55 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $29,900 -- $60 / 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 $1,055 $7,764 $1,650 $6,114
2023 $1,028 $5,000 $1,337 $3,663
2022 $1,028 $5,000 $1,337 $3,663
2021 $1,005 $4,999 $1,336 $3,663
2020 $881 $3,953 $793 $3,160
2019 $884 $4,399 $793 $3,606
2018 $869 $4,399 $793 $3,606
2017 $864 $4,014 $710 $3,304
2016 $804 $4,014 $710 $3,304
2015 $736 $4,014 $710 $3,304
2014 $379 $2,043 $626 $1,417
2013 $372 $2,043 $626 $1,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11762067

Midwest Real Estate Data (MRED)

APN: 13-12-226-020-1010