NOT LISTED FOR SALE

2556 S Albany Ave Unit 2 Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $780,000 - $2,056,000

3 Beds
2 Baths
2,500 Sq Ft
$567/Sq Ft Est. Value

Highlights

  • Laundry Room
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Central Air
  • Family Room

About This Home

As of June 2023

Spacious 3 bedroom, 2 bathroom rehabbed unit in Little Village! The kitchen features modern cabinetry and stainless steel appliances. In-unit laundry. Living/dining room combo with hardwood flooring.

Last Agent to Rent the Property

Simeon Pawletki

Chicago PM LLC License #473019773 Listed on: 06/07/2023

Last Renter's Agent

Joseph Perez

Berkshire Hathaway HomeServices Chicago License #471016803

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1932 | Remodeled in 2020

Lot Details

  • 3,136

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 7/15/23
  • Rent includes water, snow removal

Community Details

Overview

  • Property managed by CKO Real Estate

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,486

Year Built

Built in 1932 | Remodeled in 2020

Lot Details

0

Rental Info

  • Available Date: 2023-07-15
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1600

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Flat
  • Property Sub-Type: Attached
  • Year Built: 1932
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: No
  • Room Type: No additional rooms
  • Stories Total: 2
  • 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
  • Total Sq Ft: 0

Exterior Features

  • List Price: 1600
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Water, Snow Removal
  • Management Company: CKO Real Estate

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
3120 West 26Th Llc
Bought by
26Th Street Chiwas Llc
Current Estimated Value
$1,452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Outstanding Balance
$1,258,071
Interest Rate
7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$915,071

Purchase Details

Closed on
Nov 16, 2020
Sold by
Fidelity Champaign Llc
Bought by
3120 West 26Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$946,452
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 29, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Fidelity Champaign Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$946,452
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2000
Sold by
Cole Taylor Bank
Bought by
Banco Popular North America and Trust #26903
Source: Public Records

Range of Values:

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Average Value
Not Available
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
26Th Street Chiwas Llc $1,875,000 None Listed On Document
3120 West 26Th Llc -- Chicago Title
Fidelity Champaign Llc $950,000 Chicago Title Land Trust Com
Banco Popular North America -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 26Th Street Chiwas Llc $1,375,000
Previous Owner 3120 West 26Th Llc $2,800,000
Previous Owner 3120 West 26Th Llc $946,452
Previous Owner Fidelity Champaign Llc $946,452
Previous Owner Fidelity Champaign Llc $946,452
Previous Owner Banco Popular North America $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Rented $1,600 0.0% --
06/07/2023 06/07/23 For Rent $1,600 -- --
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 $2,486 $41,150 $4,531 $36,619
2023 $2,421 $11,254 $3,672 $7,582
2022 $2,421 $11,254 $3,672 $7,582
2021 $2,366 $11,253 $3,671 $7,582
2020 $2,622 $11,234 $3,671 $7,563
2019 $2,766 $13,063 $3,671 $9,392
2018 $2,737 $13,063 $3,671 $9,392
2017 $4,160 $18,266 $3,281 $14,985
2016 $3,877 $18,266 $3,281 $14,985
2015 $3,110 $18,266 $3,281 $14,985
2014 $3,117 $17,057 $3,125 $13,932
2013 $3,278 $19,537 $3,125 $16,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11801468

Midwest Real Estate Data (MRED)

APN: 16-25-122-045-0000