NOT LISTED FOR SALE

2540 E 78th St Unit 2W Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $81,658

2 Beds
1 Bath
900 Sq Ft
7,144 Sq Ft Lot

Sale Details

Date Sold: December 18, 2020

Last sale price $20,625 $23 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $784 / mo

15 Days on Market

About This Home

As of December 2020

Calling all South Shore investors. This condo is occupied with long term tenant paying $700 a month. Priced to sale and can only be sold as a package deal along with 7755 S. Kingston #2N (Vacant) 2540 E 78th #3W (occupied $800 a month) 2542 E. 78th #3E (occupied $850 a month) Due to this condo being occupied and Covid 19 this property is sold site unseen. 7755 S. Kingston is the only unit vacant and is available for showings. Condos re being sold "AS IS" Cash Only. Right in the heart of South Shore just minutes away from the soon to be Obama Library and Tiger Wood Golf Course. Close to Rainbow beach, Hayes Drive beach and the Museum Of Science & Industry. 15 mins from Downtown Chicago and Indiana. 7755 S. Kingston 2N is the only unit available for showings all the rest of the condos will be sold Site Unseen along with this condo. Sold AS-Is Cash Only.

Last Agent to Sell the Property

Loraine Weatherspoon

Realty of America, LLC License #475175639 Listed on: 10/19/2020

Realty of America, LLC

Last Buyer's Agent

Tennille Winfrey

Charles Rutenberg Realty License #475125588

Charles Rutenberg Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 1927

Lot Details

  • 7,144

HOA Fees

  • $288 per month

Home Design

  • Brick Exterior Construction

Location

  • Property is near bus stop

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1927

Lot Details

7,144 Sq Ft Lot

HOA Fees

$288 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1927
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1927

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 12X12, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 25X25, On Level: Lower
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level
  • Estimated Sq Ft: 900

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 288

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 21303210331009

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 3

Tax Info

  • Taxes: 1023.65

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 18, 2020
Sold by
Mbr Real Estate Llc
Bought by
Seller's Agent
Loraine Weatherspoon
Realty of America, LLC
Buyer's Agent
Tennille Winfrey
Charles Rutenberg Realty
List Price
$19,999
Sold Price
$20,625
Premium/Discount to List
$626
3.13%
Current Estimated Value
$81,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,033
Avg. Annual Appreciation
26.98%

Purchase Details

Listed on
Nov 6, 2013
Closed on
Feb 18, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mbr Real Estate Llc
Seller's Agent
Gaspar Flores
Su Familia Real Estate Inc
Buyer's Agent
Robert Koe
Sweet Home Real Estate LLC
List Price
$19,900
Sold Price
$4,685
Premium/Discount to List
-$15,215
-76.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.23%

Purchase Details

Closed on
Jul 24, 2013
Sold by
Willis Jo Anne C and Willis Jo Anne
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 17, 2006
Sold by
Wellbon Yvonne
Bought by
Willis Jo Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Bank One Financial Services Inc
Bought by
Welbon Yvonne

Purchase Details

Closed on
Aug 7, 2001
Sold by
Thompson Bryant
Bought by
Bank One Na

Purchase Details

Closed on
Sep 27, 1999
Sold by
Thompson Charlie E
Bought by
Thompson Bryant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1998
Sold by
Young Betty
Bought by
Thompson Charlie F

Purchase Details

Closed on
Oct 30, 1997
Sold by
Universal Mtg Corp Of Wisconsin
Bought by
Young Betty
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Shore, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$21,000 Chicago Title
Mbr Real Estate Llc $5,000 Premier Title
Federal Home Loan Mortgage Corporation -- Premier Title
Willis Jo Anne C $110,000 Multiple
Welbon Yvonne $26,000 First American Title
Bank One Na -- --
Thompson Bryant $35,000 --
Thompson Charlie F $25,000 --
Young Betty $10,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $500,000
Previous Owner Willis Jo Anne C $88,000
Previous Owner Willis Jo Anne C $22,000
Previous Owner Welbon Yvonne $49,500
Previous Owner Welbon Yvonne $52,000
Previous Owner Thompson Bryant $28,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $20,625 +3.1% $23 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $19,999 -- $22 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $423 $4,614 $370 $4,244
2024 $423 $4,614 $370 $4,244
2023 $411 $2,000 $617 $1,383
2022 $411 $2,000 $617 $1,383
2021 $402 $1,999 $616 $1,383
2020 $1,026 $4,604 $444 $4,160
2019 $1,024 $5,095 $444 $4,651
2018 $1,006 $5,095 $444 $4,651
2017 $932 $4,331 $394 $3,937
2016 $867 $4,331 $394 $3,937
2015 $794 $4,331 $394 $3,937
2014 $494 $5,231 $333 $4,898
2013 $711 $6,539 $333 $6,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10912021

Midwest Real Estate Data (MRED)

APN: 21-30-321-033-1009

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