NOT LISTED FOR SALE

2409 W Balmoral Ave Unit 1B Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $125,000 - $153,000

1 Bed
1 Bath
750 Sq Ft
$264/mo HOA Fee

Last Sold May 31, 2024

Last sale price $144,500 $193 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,183/month

43 Days on Market

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Dining Room
  • Living Room
  • Laundry Room
  • Family Room

About This Home

As of May 2024

Beautiful maintained spacious one bed condo with laminating floors throughout, kitchen with stainless steel appliances, washer hooked up in the unit and spa like bathroom. The building laundry room is on-site, Parking space available for an additional $75/month through management no waiting list. Investor friendly building, no rental cap. Heat and water are included in the assessment. Low HOA and property tax. Great opportunity for investors.

Last Agent to Sell the Property

Xiaohuang Wu

AiHome Realty Group LLC License #471019897 Listed on: 03/23/2024

Last Buyer's Agent

Helen Oliveri

Helen Oliveri Real Estate License #471001015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1960

Lot Details

  • 0.31

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 750 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Leased Parking
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, scavenger, snow removal
  • 20 Units
  • Association Phone (773) 271-7515
  • Property managed by QUALITY MANAGEMENT

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,748

Year Built

Built in 1960

Lot Details

0

HOA Fees

$264 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: 1960
  • Age: 61-70 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 750
  • 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
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 143000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 75

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 264
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: QUALITY MANAGEMENT
  • Management Contact Name: NONE
  • Management Phone: 773-271-7515
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, 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: No
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 1748
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
May 31, 2024
Sold by
Samadi Farhad
Bought by
Irizarry Jose R
Seller's Agent
Xiaohuang Wu
AiHome Realty Group LLC
Buyer's Agent
Helen Oliveri
Helen Oliveri Real Estate
List Price
$143,000
Sold Price
$144,500
Premium/Discount to List
$1,500
1.05%
Views
90
Current Estimated Value
$141,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,112
Avg. Annual Appreciation
-1.07%
Original Mortgage
$115,600
Outstanding Balance
$111,652
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
$30,978

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 5, 2021
Sold by
Oubari Roula Al
Bought by
Samadi Farhad
Seller's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
Buyer's Agent
Xiaohuang Wu
AiHome Realty Group LLC
List Price
$115,000
Sold Price
$102,500
Premium/Discount to List
-$12,500
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$97,375
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2020
Closed on
Mar 10, 2020
Sold by
Majozoub Abdul and Oubari Roula Al
Bought by
Oubari Roula Al
Seller's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
Buyer's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
Sold Price
$1,200

Purchase Details

Closed on
Sep 30, 2014
Sold by
Popular Real Estate Inc
Bought by
Majzoub Abdul

Purchase Details

Closed on
Jan 8, 2008
Sold by
N 2400 & 11 W Balmoral Llc
Bought by
Feier Florin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.13%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Irizarry Jose R $144,500 Citywide Title
Samadi Farhad $102,500 Chicago Title
Oubari Roula Al -- None Available
Majzoub Abdul $40,000 Git
Feier Florin $179,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irizarry Jose R $115,600
Previous Owner Samadi Farhad $97,375
Previous Owner Feier Florin $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $144,500 +1.0% $193 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $143,000 0.0% $191 / Sq Ft
04/26/2024 04/26/24 For Sale $143,000 +2.1% $191 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $140,000 +36.6% $187 / Sq Ft
03/05/2021 03/05/21 Sold $102,500 -6.8% $146 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $110,000 -4.3% $157 / Sq Ft
10/02/2020 10/02/20 For Sale $115,000 0.0% $164 / Sq Ft
04/21/2020 04/21/20 Rented $1,200 0.0% --
03/27/2020 03/27/20 For Rent $1,200 -- --
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 $1,793 $12,587 $2,893 $9,694
2023 $1,748 $8,500 $2,344 $6,156
2022 $1,748 $8,500 $2,344 $6,156
2021 $1,709 $8,499 $2,343 $6,156
2020 $1,366 $6,130 $1,391 $4,739
2019 $1,371 $6,823 $1,391 $5,432
2018 $1,348 $6,823 $1,391 $5,432
2017 $941 $4,373 $1,245 $3,128
2016 $876 $4,373 $1,245 $3,128
2015 $801 $4,373 $1,245 $3,128
2014 $832 $4,485 $1,098 $3,387
2013 $816 $4,485 $1,098 $3,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12011781

Midwest Real Estate Data (MRED)

APN: 13-12-226-022-1002