NOT LISTED FOR SALE

2440 W Madison St Unit 1 Chicago, IL 60612

United Center Neighborhood

Estimated Value: $284,000 - $433,118

3 Beds
2 Baths
1,600 Sq Ft
$350/mo HOA Fee

Last Sold August 15, 2016

Last sale price $127,000 $79 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,527/month

479 Days on Market

About This Home

As of August 2016

3 BEDROOM, 2 BATH UNIT. PROPERTY IS OCCUPIED AND OCCUPANTS ARE NOT TO BE DISTURBED OR CONTACTED UNDER ANY CIRCUMSTANCES. INTERIOR INSPECTIONS ARE NOT AVAILABLE AND PROPERTY IS BEING SOLD 'AS IS'. PROPERTY IS SOLD THROUGH AUCTION. PLEASE CONTACT THE LISTING AGENT FOR BIDDING INSTRUCTIONS.

Last Agent to Sell the Property

George Vlasis

George Vlasis Realty License #471007458 Listed on: 12/01/2014

Last Buyer's Agent

George Vlasis

George Vlasis Realty License #471007458 Listed on: 12/01/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,094

Year Built

  • 2007

Lot Details

  • 3,136

HOA Fees

  • $350 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,094

Year Built

2007

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 6-10 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: 5
  • Living Room: Dimensions: 21X21, On Level: Main Level
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X14, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level
  • Estimated Sq Ft: 1600

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 20
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Snow Removal
  • Assessment Association Fees: 350
  • Management Contact Name: Mr. Smith
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self Managed

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 3131
  • Parcel Identification Number: 16124280431002

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 3704.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Aug 2, 2016
Sold by
Us Bank Na
Bought by
Paper Street Group Llc
Seller's Agent
George Vlasis
George Vlasis Realty
Buyer's Agent
George Vlasis
George Vlasis Realty
List Price
$170,300
Sold Price
$127,000
Premium/Discount to List
-$43,300
-25.43%
Current Estimated Value
$352,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,280
Avg. Annual Appreciation
11.40%
Original Mortgage
$500,000
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 2015
Sold by
Us Bank
Bought by
Hedman Norjon

Purchase Details

Closed on
Jan 27, 2014
Sold by
Ratynski Mariusz
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 20, 2005
Sold by
Metropolitan Bank & Trust
Bought by
2440 Madison Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
6.75%
Mortgage Type
Construction
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
Paper Street Group Llc $127,000 First American Title
Hedman Norjon -- None Available
U S Bank National Association -- None Available
2440 Madison Inc $210,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Luxe Rentals Ii Llc $2,840,000
Closed Paper Street Group Llc $500,000
Previous Owner Ratynski Mariusz $262,500
Previous Owner 2440 Madison Inc $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $127,000 0.0% $79 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
12/30/2015 12/30/15 Off Market $127,000 -- --
03/24/2015 03/24/15 Pending -- -- --
03/01/2015 03/01/15 Off Market $127,000 -- --
01/30/2015 01/30/15 Pending -- -- --
12/05/2014 12/05/14 Off Market $127,000 -- --
12/01/2014 12/01/14 For Sale $170,300 -- $106 / 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 $3,094 $26,793 $2,233 $24,560
2023 $3,016 $14,666 $1,804 $12,862
2022 $3,016 $14,666 $1,804 $12,862
2021 $2,949 $14,664 $1,803 $12,861
2020 $3,168 $14,221 $1,803 $12,418
2019 $3,180 $15,828 $1,803 $14,025
2018 $2,173 $11,003 $1,803 $9,200
2017 $2,317 $10,764 $1,588 $9,176
2016 $2,674 $13,350 $1,588 $11,762
2015 $2,446 $13,350 $1,588 $11,762
2014 $3,779 $20,369 $1,545 $18,824
2013 $3,705 $20,369 $1,545 $18,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08794804

Midwest Real Estate Data (MRED)

APN: 16-12-428-043-1002