NOT LISTED FOR SALE

2541 W Balmoral Ave Unit 2S Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $241,000 - $262,000

2 Beds
1 Bath
900 Sq Ft
$263/mo HOA Fee

Last Sold May 19, 2022

Last sale price $218,000 $242 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,888/month

30 Days on Market

Highlights

  • Wood Flooring
  • Wood Frame Window
  • Built-In Features
  • Stainless Steel Appliances
  • 1 Car Detached Garage
  • Intercom

About This Home

As of May 2022

Wow! Welcome to your new home. This beautiful two bedroom one bath condo centered in the middle of Budlong Woods/Lincoln Square offers more than just its prime location. Unit was completely rehabbed in 2019 with vintage charm of crown molding and glass door knobs. Please enjoy two large bedrooms that each easily fit a king size bed. Kitchen comes with grey and white cabinetry, stainless steel appliances, granite countertops, new windows and mosaic backsplash. Enjoy the luxury of having your own in-unit laundry, sunlit exposures, dark hardwood floors and GARAGE PARKING! Ample amounts of storage, along with a common area and bike room on the lower level. Beautiful outdoor common area with tables, chairs, fire pits, flowers, grill and lights creates a beautiful atmosphere for the spring/summer months. One block from Tony's Fresh Market, Lincoln Ave bars, restaurants and more. Less than a mile from the Lincoln Square shopping and eating district, Western Brown Line and bus, Lincoln Square Athletic Club, and many summer festivals and farmers markets. Low assessments that include your heat, water and cooking gas! Come see it for yourself before it's gone!

Last Agent to Sell the Property

Cayla Toney

Redfin Corporation License #475191179 Listed on: 03/24/2022

Last Buyer's Agent

Jane Bishop Lillegard

Coldwell Banker Realty License #471020895

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,033

Year Built

  • Built in 1930 | Remodeled in 2019

Lot Details

  • 3,877

HOA Fees

  • $263 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Stamped Concrete Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, parking, insurance, lawn care, scavenger
  • 6 Units
  • Self Managed Association
  • Property managed by Self-Managed

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,033

Year Built

Built in 1930 | Remodeled in 2019

Lot Details

0

HOA Fees

$263 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: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features
  • LivingArea: 900
  • Other Equipment: Intercom
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Door Features: Mirrored Closet Door(s),Storm Door(s)
  • Window Features: Blinds,Screens,Wood Frames

Exterior Features

  • ExteriorFeatures: Stamped Concrete Patio, Outdoor Grill, Fire Pit
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: Electric Dryer Hookup, In Unit, In Kitchen, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 263
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Self-Managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Lawn Care, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 4033.47
  • Tax Year: 2020

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 18, 2022
Sold by
Mcdonald Caitlin R and Franz Luigi
Bought by
Vitale Eva
Seller's Agent
Cayla Toney
Redfin Corporation
Buyer's Agent
Jane Bishop Lillegard
Coldwell Banker Realty
List Price
$235,000
Sold Price
$218,000
Premium/Discount to List
-$17,000
-7.23%
Current Estimated Value
$253,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,203
Avg. Annual Appreciation
4.45%
Original Mortgage
$163,500
Outstanding Balance
$155,501
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$97,703

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 4, 2019
Sold by
Red Lodge Enterprises Llc
Bought by
Mcdonald Caitlin R and Deguzman Franz Luigi
Seller's Agent
Renata Williamson
@properties Christie's International Real Estate
Buyer's Agent
Mario Fernandez
Berkshire Hathaway HomeServices Chicago
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$195,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2019
Sold by
Wells Fargo Bank N A
Bought by
Red Lodge Enterprises Llc

Purchase Details

Closed on
Nov 8, 2018
Sold by
Richards Laura
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Oct 3, 2002
Sold by
Chicago Title Land Trust Company
Bought by
Richards Laura

Purchase Details

Closed on
Nov 20, 2001
Sold by
Munoz James R
Bought by
The Chicago Trust Company and Trust #1110301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,500
Interest Rate
5%
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
Vitale Eva -- None Listed On Document
Mcdonald Caitlin R $210,000 Chicago Title
Red Lodge Enterprises Llc $123,000 Boston National Ttl Agcy Llc
Wells Fargo Bank N A -- None Available
Richards Laura $190,500 Mercury Title Company Inc
The Chicago Trust Company $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitale Eva $163,500
Previous Owner Mcdonald Caitlin R $195,000
Previous Owner The Chicago Trust Company $1,102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2022 05/19/22 Sold $218,000 -5.2% $242 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $230,000 -2.1% $256 / Sq Ft
03/24/2022 03/24/22 For Sale $235,000 +11.9% $261 / Sq Ft
10/04/2019 10/04/19 Sold $210,000 -2.3% -- View Prior Sale
08/29/2019 08/29/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $215,000 -- --
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 $3,569 $19,388 $2,605 $16,783
2023 $3,480 $16,918 $2,111 $14,807
2022 $3,480 $16,918 $2,111 $14,807
2021 $3,402 $16,917 $2,110 $14,807
2020 $4,033 $18,106 $1,253 $16,853
2019 $3,360 $20,152 $1,253 $18,899
2018 $3,302 $20,152 $1,253 $18,899
2017 $2,667 $15,764 $1,121 $14,643
2016 $2,657 $15,764 $1,121 $14,643
2015 $2,408 $15,764 $1,121 $14,643
2014 $2,747 $17,375 $989 $16,386
2013 $2,682 $17,375 $989 $16,386
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11356119

Midwest Real Estate Data (MRED)

APN: 13-12-221-026-1005