NOT LISTED FOR SALE

2607 W Gunnison St Unit 3 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $297,000 - $326,000

2 Beds
1 Bath
-- Sq Ft
$242/mo HOA Fee

Last Sold June 10, 2021

Last sale price $235,000

Est. 31% increase in value since last sale

Current estimated payment $2,238/month

Highlights

  • Wood Flooring
  • 5-minute walk to Rockwell Station
  • Storage
  • Balcony
  • Resident Manager or Management On Site
  • 3-minute walk to Gross Park

About This Home

As of June 2021

Top floor, sunny two bedroom in prime Lincoln Square. Hardwood floors and exposed brick throughout. Large sunny balcony off of the kitchen. In-unit washer and dryer. Close to brown line. Walk-in storage unit located in the basement. Client is currently renting a parking space for $100 per month a couple doors down. Taxes: $3,254.08 (2019 w/homeowners) Assessments: $223.30

Last Agent to Sell the Property

Michael Greco

Baird & Warner License #475172196 Listed on: 05/04/2021

Baird & Warner

Last Buyer's Agent

Liz Lassner

@properties Christie's International Real Estate License #475137097

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1927

Lot Details

  • 5,314

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • French Doors
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, scavenger
  • 14 Units
  • Merrel Association
  • Property managed by Merrel

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,254

Year Built

Built in 1927

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Year Built: 1927
  • 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): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • 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
  • Total Sq Ft: 0
  • Door Features: French Doors

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 240000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 242
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Merrel
  • Management Contact Name: Merrel
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 3254.08
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 10, 2021
Sold by
Duffy Kate
Bought by
Herdeman Claire Lucille
Seller's Agent
Michael Greco
Baird & Warner
Buyer's Agent
Liz Lassner
@properties Christie's International Real Estate
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$306,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,775
Avg. Annual Appreciation
6.27%
Original Mortgage
$199,750
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2008
Sold by
Bolgar Holly
Bought by
Duffy Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Rockwell North Ltd
Bought by
Bolgar Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,920
Interest Rate
5.5%
Mortgage Type
Unknown
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
Herdeman Claire Lucille $235,000 Chicago Title Insurance Co
Duffy Kate $240,000 Cti
Bolgar Holly $225,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herdeman Claire Lucille $199,750
Previous Owner Duffy Kate $192,000
Previous Owner Bolgar Holly $179,920
Closed Bolgar Holly $33,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $235,000 -2.1% --
05/04/2021 05/04/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $240,000 -- --
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 $4,641 $23,059 $1,304 $21,755
2023 $4,525 $22,000 $882 $21,118
2022 $4,525 $22,000 $882 $21,118
2021 $3,754 $21,998 $881 $21,117
2020 $3,272 $17,790 $881 $16,909
2019 $3,254 $19,626 $881 $18,745
2018 $3,198 $19,626 $881 $18,745
2017 $3,710 $20,611 $771 $19,840
2016 $3,628 $20,611 $771 $19,840
2015 $3,296 $20,611 $771 $19,840
2014 $3,292 $20,312 $716 $19,596
2013 $3,216 $20,312 $716 $19,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11062594

Midwest Real Estate Data (MRED)

APN: 13-12-424-017-1011