NOT LISTED FOR SALE

2438 W Madison St Unit 3 Chicago, IL 60612

United Center Neighborhood

Estimated Value: $285,000 - $318,000

3 Beds
2 Baths
-- Sq Ft
$175/mo HOA Fee

Last Sold August 05, 2019

Last sale price $211,000

Est. 45% increase in value since last sale

Current estimated payment $2,240/month

14 Days on Market

Highlights

  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • 5-minute walk to Park No. 489

About This Home

As of August 2019

GREAT LOCATION. GRANITE TOPS, SS APPLIANCES, HARDWOOD FLOORS, AND LARGE DECK. SOLD AS-IS. NO SURVEY. TAXES PRORATED 100%. TENANT OCCUPIED. INVESTMENT PROPERTY. CURRENT MONTHLY RENT IS $1,735, LEASE EXPIRES 03/31/2020. PROPERTY IS SOLD WITH TENANT & LEASE ASSIGNMENT. ALL SHOWINGS THRU LISTING OFFICE, 48 HOUR NOTICE REQUIRED, DO NOT KNOCK ON DOOR TO SEE PROPERTY. MUST CONTINUE TO GIVE TENANT THEIR PRIVACY. THANKS FOR YOUR COOPERATION.

Last Agent to Sell the Property

Randy Rantz

Green Ivy Realty & Prop Mgmt License #471013795 Listed on: 05/29/2019

Co-Listed By

Christopher Carlson

Redfin Corporation License #475156356

Last Buyer's Agent

Yusuf Ozer

Troy Real Estate LLC License #471020410

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,771

Year Built

  • 2007

Lot Details

  • 3,136

HOA Fees

  • $175 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Primary Bathroom is a Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,771

Year Built

2007

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2007
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2007

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 21X21, On Level: 3rd Level
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: 3rd Level
  • Kitchen Type: Dimensions: 10X12, On Level: 3rd Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: 3rd Level
  • Bedroom 2: Dimensions: 10X10, On Level: 3rd Level
  • Bedroom 3: Dimensions: 10X10, On Level: 3rd Level

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Association Fees: 175
  • Management Phone: 999-999-9999

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 16124280461004

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 3

Tax Info

  • Taxes: 5781.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Jun 14, 2019
Sold by
Pmc Reo Trust 2015 1
Bought by
Ozer Yusuf Jay
Seller's Agent
Randy Rantz
Green Ivy Realty & Prop Mgmt
Buyer's Agent
Yusuf Ozer
Troy Real Estate LLC
List Price
$209,000
Sold Price
$211,000
Premium/Discount to List
$2,000
0.96%
Current Estimated Value
$306,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,028
Avg. Annual Appreciation
5.38%
Original Mortgage
$158,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2018
Sold by
Pennymac Corp
Bought by
Pmc Reo Trust 2015 1

Purchase Details

Closed on
Nov 4, 2015
Sold by
Karbowski
Bought by
Pennymac Corp

Purchase Details

Closed on
Jun 6, 2007
Sold by
Madison Developers Inc
Bought by
Karbowski Ivona

Purchase Details

Closed on
Oct 20, 2005
Sold by
Metropolitan Bank & Trust
Bought by
Madison Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,687
Interest Rate
7%
Mortgage Type
Construction
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
Ozer Yusuf Jay $211,000 Fidelity National Title
Pmc Reo Trust 2015 1 -- Attorney
Pennymac Corp -- Attorney
Karbowski Ivona -- None Available
Madison Developers Inc $200,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozer Yusuf Jay $155,000
Previous Owner Ozer Yusuf Jay $158,250
Previous Owner Madison Developers Inc $725,687
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $211,000 +1.0% --
06/12/2019 06/12/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $209,000 -- --
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 $4,771 $22,009 $2,350 $19,659
2023 $4,651 $22,613 $1,898 $20,715
2022 $4,651 $22,613 $1,898 $20,715
2021 $4,547 $22,611 $1,897 $20,714
2020 $4,170 $18,721 $1,897 $16,824
2019 $4,186 $20,835 $1,897 $18,938
2018 $4,116 $20,835 $1,897 $18,938
2017 $5,782 $26,859 $1,671 $25,188
2016 $5,380 $26,859 $1,671 $25,188
2015 $4,922 $26,859 $1,671 $25,188
2014 $6,741 $36,332 $1,626 $34,706
2013 $6,608 $36,332 $1,626 $34,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10399609

Midwest Real Estate Data (MRED)

APN: 16-12-428-046-1004