NOT LISTED FOR SALE

2440 W Madison St Unit 2 Chicago, IL 60612

United Center Neighborhood

Estimated Value: $266,000 - $429,088

3 Beds
2 Baths
1,600 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $50,000 $31 Per Sq Ft

Est. 548% increase in value since last sale

Current estimated payment $2,023/month

About This Home

As of September 2012

Don't miss the excellent opportunity to own this beautiful 3 bedroom, 2 bath condo. Built in 2007 condo includes granite counter tops, a fireplace, and 1 space enclosed parking space. Walking distance to the United Center. Sold "AS IS" taxes pro rated at 100% No Disclosures. Bank of America Home loans prequalification required on all offers. Please allowed 2-3 days for seller response.

Last Agent to Sell the Property

Leticia Jimenez

@properties Christie's International Real Estate License #471009742 Listed on: 06/25/2012

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,092

Year Built

  • 2007

Lot Details

  • 3,136

Parking

  • 1

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$3,092

Year Built

2007

Lot Details

0

Parking

1

Listing Details

  • Unit Floor Number: 2
  • Special Features: None
  • Stories: 3
  • Year Built: 2007

Interior Features

  • Total # Of Rooms: 5
  • Fireplace Type/Details: Gas Logs
  • Fireplaces: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X14
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 9X10
  • Living Room Level: Main Level
  • Living Room Size: 21X21
  • Kitchen Level: Main Level
  • Kitchen Size: 13X10

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 4
  • Pet Information: Cats OK, Dogs OK

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2015
Sold by
Paper Street Group Llc
Bought by
Luxe Rentals Ii Llc
Current Estimated Value
$324,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 25, 2012
Closed on
Aug 20, 2012
Sold by
U S Bank N A
Bought by
Paper Street Group Llc
Seller's Agent
Leticia Jimenez
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$649,000
Sold Price
$50,000
Premium/Discount to List
-$599,000
-92.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%
Original Mortgage
$42,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Luxe Rentals Ii Llc -- Ct
Paper Street Group Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Luxe Rentals Ii Llc $2,840,000
Previous Owner Luxe Rentals Ii Llc $1,332,000
Previous Owner Paper Street Group Llc $500,000
Previous Owner Paper Street Group Llc $42,000
Previous Owner Ratynski Mariusz $50,100
Previous Owner Ratynski Mariusz $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $50,000 -23.0% $31 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/25/2012 06/25/12 Price Changed $64,900 -90.0% $41 / Sq Ft
06/25/2012 06/25/12 For Sale $649,000 -- $406 / 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 $3,092 $27,389 $2,283 $25,106
2023 $3,015 $14,659 $1,844 $12,815
2022 $3,015 $14,659 $1,844 $12,815
2021 $2,947 $14,657 $1,843 $12,814
2020 $3,239 $14,538 $1,843 $12,695
2019 $3,251 $16,180 $1,843 $14,337
2018 $2,222 $11,247 $1,843 $9,404
2017 $2,369 $11,004 $1,624 $9,380
2016 $2,204 $11,004 $1,624 $9,380
2015 $2,016 $11,004 $1,624 $9,380
2014 $1,116 $6,017 $1,580 $4,437
2013 $1,137 $6,250 $1,580 $4,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08099885

Midwest Real Estate Data (MRED)

APN: 16-12-428-043-1003