NOT LISTED FOR SALE

2631 W Balmoral Ave Unit 2W Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $246,000 - $285,000

3 Beds
1 Bath
1,200 Sq Ft
6,273 Sq Ft Lot

Last Sold December 27, 2021

Last sale price $194,000 $162 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,641/month

About This Home

As of March 2022

READY FOR IMMEDIATE MOVE IN! BIG AND BRIGHT 3 BED CONDO COMPLETELY REMODELED. THIRD BEDROOM IS TANDEM. EVERYTHING HAS BEEN REMODELED. HARDWOOD FLOORS THROUGHOUT. REMODELED KITCHEN WITH GRANTE COUNTERS AND STAINLESS STEEL APPLIANCES. LARGE ROOM SIZES, ALL FRESHLY PAINTED. NEW BATHROOM. NEW BLINDS, OUTLETS, SWITCHES, ELECTRIC AND PLUMBING. FULL SIZE PRIVATE WASHER AND DRYER IN BASEMENT. PLEANTY OF STREET PARKING AVAILABLE. GREAT LOCATION NEAR SCHOOLS, PARKS, SHOPPING AND TRANSPORTATION. SO NICE! MINIMUM CREDIT SCORE 675 REQUIRED. MINIMUM NET INCOME 3.5 TIMES THE RENT REQUIRED. 1ST MONTH RENT, SECURITY DEPOSIT AND SIGNED LEASE REQUIRED IN FULL TO TAKE THE PROPERTY OFF THE MARKET. THANKS!

Last Agent to Rent the Property

Ali Ahmad

Coldwell Banker Realty License #475166980 Listed on: 02/11/2022

Coldwell Banker Realty

Last Renter's Agent

Aman Abaomer

Dralyuk Real Estate Inc. License #475128197

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built | Renovated

  • 1953 | 2021

Lot Details

  • 6,273

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Unfinished Basement

Community Details

Overview

  • 4 Units
  • Baig Association, Phone Number (872) 206-0590
  • Property managed by 2629-2631 W BALMORAL

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,376

Year Built | Renovated

1953 | 2021

Lot Details

0

Rental Info

  • Board Approval: No
  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1450
  • Security Deposit: 1 MO +
  • Available Date: 2022-02-21

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub Type: Attached
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2021
  • Directions: Western N of Foster to Balmoral West
  • Lot Size: COMMON
  • Subdivision Name: Budlong Woods
  • Special Features: None
  • Year Built: 1953
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Storage, Granite Counters
  • Other Equipment: TV-Cable, TV-Dish, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: No additional rooms
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Exterior Features: End Unit
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: In Unit
  • Sewer: Public Sewer, Sewer-Storm
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Management: Manager Off-site
  • Management Company: 2629-2631 W BALMORAL
  • Management Contact Name: BAIG
  • Management Phone: 872-206-0590
  • Pets Allowed: No
  • HOA Rent Includes: Water, Scavenger, Exterior Maintenance, Lawn Care

Schools

  • Junior High Dist: 299

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2021
Closed on
Dec 27, 2021
Sold by
North Shore Holdings Ltd
Bought by
Baig Mirza M S
Seller's Agent
Ashley Lebovic
All Realty Group, Inc
Buyer's Agent
Ali Ahmad
Coldwell Banker Realty
List Price
$199,900
Sold Price
$194,000
Premium/Discount to List
-$5,900
-2.95%
Current Estimated Value
$259,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,240
Avg. Annual Appreciation
7.84%
Original Mortgage
$184,300
Outstanding Balance
$170,273
Interest Rate
3.3%
Estimated Equity
$88,967

Purchase Details

Closed on
May 11, 2017
Sold by
Nemeth Joy
Bought by
North Shore Holdings Ltd

Purchase Details

Closed on
Jun 28, 2000
Sold by
Azzo Shmouni G and Azzo Emanuel
Bought by
Nemeth Jerome and Nemeth Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1996
Sold by
Lasalle National Trust Na
Bought by
Azzo Shmouni G and Azzo Emanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage
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
Baig Mirza M S $194,000 --
Baig Mirza M S -- --
North Shore Holdings Ltd $111,000 None Available
Nemeth Jerome $169,000 --
Azzo Shmouni G $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baig Mirza M S $184,300
Closed Baig Mirza M S $184,300
Previous Owner Nemeth Jerome $152,000
Previous Owner Azzo Shmouni G $73,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Rented -- -- --
02/11/2022 02/11/22 For Rent $1,450 0.0% --
12/27/2021 12/27/21 Sold $194,000 -3.0% $162 / Sq Ft View Prior Sale
12/06/2021 12/06/21 Pending -- -- --
11/27/2021 11/27/21 For Sale $199,900 0.0% $167 / Sq Ft
05/17/2021 05/17/21 Rented $1,495 0.0% --
05/14/2021 05/14/21 Price Changed $1,495 -0.3% $1 / Sq Ft
05/05/2021 05/05/21 For Rent $1,500 -- --
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 $3,376 $20,190 $6,172 $14,018
2023 $3,291 $16,000 $5,000 $11,000
2022 $3,291 $16,000 $5,000 $11,000
2021 $3,217 $16,000 $5,000 $11,000
2020 $3,508 $15,749 $2,968 $12,781
2019 $3,522 $17,528 $2,968 $14,560
2018 $3,462 $17,528 $2,968 $14,560
2017 $3,003 $17,323 $2,656 $14,667
2016 $2,969 $17,323 $2,656 $14,667
2015 $2,694 $17,323 $2,656 $14,667
2014 $2,173 $14,283 $2,343 $11,940
2013 $2,119 $14,283 $2,343 $11,940
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2022

    Ali Ahmad

    Coldwell Banker Realty

    (224) 381-3269

    1 in this area

    11 Total Sales

    Ali Ahmad
    Section Image
  • Aman Abaomer

    Tenant's Agent in 2022

    Aman Abaomer

    Dralyuk Real Estate Inc.

    (773) 807-4780

    21 Total Sales

    Aman Abaomer
    Section Image

  • A

    Seller's Agent in 2021

    Ashley Lebovic

    All Realty Group, Inc

    (847) 757-8888

    3 in this area

    47 Total Sales

    Ashley Lebovic
    Section Image

  • C

    Buyer's Agent in 2021

    Chandra Roberts

    EXIT Strategy Realty

    (312) 554-5478

    Chandra Roberts
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11322985

Midwest Real Estate Data (MRED)

APN: 13-12-220-050-1004

Illinois Cook County Chicago 60625 Lincoln Square

2631 W Balmoral Ave Unit 2W, Chicago, IL

This home is located at 2631 W Balmoral Ave Unit 2W, Chicago, IL 60625 since 11 February 2022 and is currently priced at $259,240. This property was built in 1953. 2631 W Balmoral Ave Unit 2W is a home located in Cook County with nearby schools including Jamieson Elementary School, Mather High School, and North Shore Adventist Academy.

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