NOT LISTED FOR SALE

2643 W Summerdale Ave Unit 1W Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $204,000 - $256,000

2 Beds
1 Bath
1,200 Sq Ft
7,492 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $188,000 $157 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,522/month

46 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Entrance Foyer
  • Den
  • Laundry Room
  • Storage

About This Home

As of May 2023

LINCOLN SQUARE/ BUDLONG WOODS desirable Location!! Bright and Spacious 1st floor condo. Great size Living room with hardwood floors under the carpet. Newer, good size kitchen with dining area combined. Updated bathroom. Master bedroom has a additional DEN, great as extra space for your needs. Central HVAC and parking space included. Good size common back yard for your summer entertaining. Close to shopping, schools, restaurants and hospital and parks. LOCATION! LOCATION!

Last Agent to Sell the Property

Sonia Habibovic

Koral Realty License #471001945 Listed on: 02/11/2023

Last Buyer's Agent

Ledio Samarxhiu

Real Broker LLC License #471021671

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1952 | Remodeled in 2020

Lot Details

  • 7,492

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Open Floorplan
  • Den
  • Storage
  • Laundry Room
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Basement Storage

Parking

  • 1 Parking Space
  • Alley Access
  • Driveway
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Community Details

Overview

  • 4 Units
  • Association Phone (773) 700-0000

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,419

Year Built

Built in 1952 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1952
  • Age: 71-80 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: 1
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Partial, Walkout
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage, Dining Combo
  • LivingArea: 1200
  • Room Type: Den, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access,Concrete (Basement),Storage Space,Walk-Up Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley, Alley Access
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: PD
  • Management Phone: 773-700-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 3419
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
May 1, 2023
Sold by
Drakontaidis Panagis
Bought by
Molliai Diana and Molliai Kreshnik
Seller's Agent
Sonia Habibovic
Koral Realty
Buyer's Agent
Ledio Samarxhiu
Real Broker LLC
List Price
$194,500
Sold Price
$188,000
Premium/Discount to List
-$6,500
-3.34%
Views
111
Current Estimated Value
$233,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,045
Avg. Annual Appreciation
8.97%
Original Mortgage
$169,200
Outstanding Balance
$164,418
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$68,627

Purchase Details

Closed on
Dec 11, 2014
Sold by
Drakontaidis Apostolos
Bought by
Drakontaidis Panagis
Source: Public Records

Range of Values:

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Average Value
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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
Molliai Diana $188,000 None Listed On Document
Drakontaidis Panagis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molliai Diana $169,200
Previous Owner Drakontaidis Apostolos $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $188,000 -3.3% $157 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $194,500 -- $162 / 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 $3,587 $18,649 $7,406 $11,243
2023 $3,497 $17,000 $6,000 $11,000
2022 $3,497 $17,000 $6,000 $11,000
2021 $3,419 $17,000 $6,000 $11,000
2020 $3,508 $15,749 $3,562 $12,187
2019 $3,522 $17,528 $3,562 $13,966
2018 $3,462 $17,528 $3,562 $13,966
2017 $3,376 $15,683 $3,187 $12,496
2016 $3,141 $15,683 $3,187 $12,496
2015 $2,874 $15,683 $3,187 $12,496
2014 $2,130 $11,480 $2,812 $8,668
2013 $2,088 $11,480 $2,812 $8,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11717214

Midwest Real Estate Data (MRED)

APN: 13-12-223-066-1002