NOT LISTED FOR SALE

2428 W Madison St Unit 2 Chicago, IL 60612

United Center Neighborhood

Estimated Value: $295,000 - $366,000

3 Beds
2 Baths
1,484 Sq Ft
$350/mo HOA Fee

Last Sold April 29, 2024

Last sale price $275,000 $185 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,549/month

34 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Balcony
  • Wood Flooring
  • Fenced Yard
  • 4-minute walk to Park No. 489

About This Home

As of April 2024

Garfield Park in Chicago, this amazing 3 bedrooms 2 bathrooms condo location, space, proximity to downtown. Open concept living room dinning room area, in front of the gas fireplace, or out on your balcony enjoying the view! The kitchen has granite countertops, cherry cabinets, and stainless steels appliances. 2 bedrooms and a full bathroom, master bedroom. This unit also has a built-in closets & stackable washer/dryer. Close to shopping centers, restaurants, 290, United Center, UIC Campus, CTA blue line, and much more.

Last Agent to Sell the Property

Adriana Correa

Stellar Pref. The Re Clinic License #471016184 Listed on: 10/01/2023

Co-Listed By

Auggie Pedroza

Stellar Pref. The Re Clinic License #471007111

Last Buyer's Agent

Yusuf Ozer

Troy Real Estate LLC License #471020410

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 2004

Lot Details

  • 3,136

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,484 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Garden Bath

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 150 Amp Service
  • Lake Michigan Water

Additional Features

  • Balcony
  • Fenced Yard

Community Details

Overview

  • Association fees include scavenger
  • 3 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,161

Year Built

Built in 2004

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Ceiling - 10 Foot, Open Floorplan
  • LivingArea: 1484
  • Room Type: Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1484
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1484
  • Fireplace Location: Living Room
  • Total Sq Ft: 1484
  • Main Level Sq Ft: 1484
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 310000
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Metal
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 150 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: unknown
  • Management Contact Name: unknown
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Scavenger, Other

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 5160.98
  • Tax Year: 2021

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Apr 11, 2024
Sold by
Nafan Lp
Bought by
Ozer Yusuf Jay
Seller's Agent
Adriana Correa
Stellar Pref. The Re Clinic
Buyer's Agent
Yusuf Ozer
Troy Real Estate LLC
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Views
804
Current Estimated Value
$320,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,863
Avg. Annual Appreciation
9.24%
Original Mortgage
$206,250
Outstanding Balance
$204,611
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$104,430

Purchase Details

Closed on
Feb 8, 2013
Sold by
Bank Ny Mellon
Bought by
Nafan L P

Purchase Details

Closed on
Apr 9, 2010
Sold by
Avado Anthony
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Ozer Yusuf Jay $275,000 Truly Title
Nafan L P $58,000 --
Nafan L P $58,000 --
Nafan L P $58,000 --
The Bank Of New York Mellon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozer Yusuf Jay $206,250
Previous Owner Avado Anthony $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $275,000 -11.3% $185 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/01/2023 10/01/23 For Sale $310,000 -- $209 / 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 $5,413 $26,604 $2,279 $24,325
2023 $5,277 $25,659 $1,841 $23,818
2022 $5,277 $25,659 $1,841 $23,818
2021 $5,159 $25,657 $1,840 $23,817
2020 $4,134 $18,559 $1,840 $16,719
2019 $4,150 $20,655 $1,840 $18,815
2018 $4,080 $20,655 $1,840 $18,815
2017 $4,169 $19,367 $1,621 $17,746
2016 $3,879 $19,367 $1,621 $17,746
2015 $3,549 $19,367 $1,621 $17,746
2014 $1,844 $9,939 $1,577 $8,362
2013 $1,808 $9,939 $1,577 $8,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11898097

Midwest Real Estate Data (MRED)

APN: 16-12-428-038-1003