$196,000
SOLD JUN 3, 2025

2543 S Wallace St Unit 8 Chicago, IL 60616

Bridgeport Neighborhood
2 Beds
1 Bath
820 Sq Ft
$206/mo HOA Fee

Recently Sold

$239 Per Sq Ft

16% Below List Price

56 Days on Market

Highlights

  • Laundry Room
  • Combination Dining and Living Room
  • Family Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Bright and spacious 2-bedroom, 1-bathroom home in a fantastic location near Chinatown, with convenient access to public transportation. This unit features central AC/heat and full appliances. Just a short walk to the Red Line, Orange Line, CTA buses, and easy access to major highways. Enjoy proximity to restaurants, grocery stores, and more. Located within the Healy Elementary School District. Sold as-is.

Last Agent to Sell the Property

Zoey Zhu

Century 21 Realty Associates License #475188727 Listed on: 03/06/2025

Century 21 Realty Associates

Last Buyer's Agent

Sharon Wong

Century 21 Realty Associates License #471011443

Century 21 Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,798

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 12 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,798

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate
  • LivingArea: 820
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • List Price: 228000
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 206
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 75 X 128
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 3797.59
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Jun 3, 2025
Sold by
Chen Jianhui and Li Yanchun
Bought by
Pan Yufeng
Seller's Agent
Zoey Zhu
Century 21 Realty Associates
Buyer's Agent
Sharon Wong
Century 21 Realty Associates
List Price
$232,000
Sold Price
$196,000
Premium/Discount to List
-$36,000
-15.52%
Views
235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.58%

Purchase Details

Listed on
Feb 24, 2018
Closed on
Mar 28, 2018
Sold by
Chen Yu Ren
Bought by
Chen Jianhui and Li Yanchun
Seller's Agent
Anthony Ng
Goodland Realty Inc.
Buyer's Agent
Anthony Ng
Goodland Realty Inc.
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$130,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2015
Sold by
Pak Chen Jun Ru and Pak Chun Chan Jason
Bought by
Chen Yu Ren

Purchase Details

Closed on
Sep 15, 2000
Sold by
Chen Tiengan and Chen Wu Chi Her
Bought by
Chen Wu Chi Her

Purchase Details

Closed on
Mar 15, 1995
Sold by
Chan Sik Chung and Chan Tsui Ping
Bought by
Chen Tiengan and Chen Wu Chi Her

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.97%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $196,000 Chicago Title
Warranty Deed $180,000 Proper Title Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $73,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Unknown
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Sold $196,000 -14.0% $239 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $228,000 -1.7% $278 / Sq Ft
03/06/2025 03/06/25 For Sale $232,000 +28.9% $283 / Sq Ft
04/02/2018 04/02/18 Sold $180,000 +0.6% $220 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $179,000 -- $218 / 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 $3,098 $18,130 $3,960 $14,170
2023 $2,999 $18,000 $3,197 $14,803
2022 $2,999 $18,000 $3,197 $14,803
2021 $2,950 $17,999 $3,196 $14,803
2020 $2,892 $16,083 $3,196 $12,887
2019 $2,812 $17,426 $3,196 $14,230
2018 $2,877 $17,999 $3,196 $14,803
2017 $2,548 $15,211 $2,542 $12,669
2016 $2,546 $15,211 $2,542 $12,669
2015 $2,307 $15,211 $2,542 $12,669
2014 $2,270 $14,805 $3,087 $11,718
2013 $2,214 $14,805 $3,087 $11,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12305910

Midwest Real Estate Data (MRED)

APN: 17-28-127-025-1008