NOT LISTED FOR SALE

2645 W Rascher Ave Unit 2E Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $225,000 - $230,000

2 Beds
1 Bath
1,000 Sq Ft
$60/mo HOA Fee

Last Sold May 25, 2016

Last sale price $140,000 $140 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,520/month

20 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Bonus Room
  • Storage

About This Home

As of May 2016

*BRIGHT & SPACIOUS CONDO IN LINCOLN SQUARE/BUDLONG AREA!* THIS 2 BEDROOM/ 1BATH UNIT IS FRESHLY PAINTED & HAS A BONUS TANDEM RM, THAT COULD BE A 3RD BEDROOM, OFFICE OR DEN. OTHER FEATURES INCLUDE GLEAMING HARDWOOD FLOORS THRU-OUT, LARGE LIVING RM, GOOD SIZED KITCHEN WITH DINING AREA. COMPLETE WITH CENTRAL AIR, A LARGE FENCED IN BACKYARD & ONE ASSIGNED PARKING SPACE. PRIVATE 26X12 LAUNDRY ROOM WITH YOUR OWN FULL SIZE WASHER/DRYER AND A TON OF ROOM FOR STORAGE. SUPER LOW ASSESSMENTS! CLOSE TO TRANSPORTATION & PARK. NOTHING TO DO BUT MOVE IN!!!

Last Agent to Sell the Property

Marc Anderson

Coldwell Banker Realty License #475107120 Listed on: 02/09/2016

Coldwell Banker Realty

Last Buyer's Agent

George de los Reyes

Berkshire Hathaway HomeServices Chicago License #475113076

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,165

Year Built

  • 1954

Lot Details

  • 6,273

HOA Fees

  • $60 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Bonus Room
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,165

Year Built

1954

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1954
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 26X12, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: COMBO, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 7X10, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Bonus, Dimensions: 13X7, On Level: 2nd Level, Flooring: Vinyl, Windows: Blinds
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1000

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: No Pets
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Parking, Common Insurance
  • Assessment Association Fees: 60
  • Management Contact Name: CALL L/A FOR INFO
  • Management Phone: 773-837-5435

Fee Information

  • Management Company: CALL L/A FOR INFO

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 13122140511003

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 3180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Apr 26, 2016
Sold by
Elkin Darcy J and Rojas Darcy J
Bought by
Federico Arlene M
Seller's Agent
Marc Anderson
Coldwell Banker Realty
Buyer's Agent
George de los Reyes
Berkshire Hathaway HomeServices Chicago
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$227,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,916
Avg. Annual Appreciation
5.30%
Original Mortgage
$133,000
Outstanding Balance
$105,877
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$122,039

Purchase Details

Closed on
Dec 11, 2002
Sold by
Cha Chong Hae Ok and Cha Chong Myong
Bought by
Elkin Darcy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Federico Arlene M $140,000 Attorneys Title Guaranty Fun
Elkin Darcy J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federico Arlene M $133,000
Previous Owner Elkin Darcy J $155,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $140,000 -6.6% $140 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $149,900 -- $150 / 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 $3,165 $15,400 $6,172 $9,228
2023 $3,085 $15,000 $5,000 $10,000
2022 $3,085 $15,000 $5,000 $10,000
2021 $3,016 $15,000 $5,000 $10,000
2020 $3,260 $14,632 $2,968 $11,664
2019 $3,272 $16,285 $2,968 $13,317
2018 $3,217 $16,285 $2,968 $13,317
2017 $3,453 $16,042 $2,656 $13,386
2016 $3,213 $16,042 $2,656 $13,386
2015 $2,940 $16,042 $2,656 $13,386
2014 $3,180 $17,138 $2,343 $14,795
2013 $3,117 $17,138 $2,343 $14,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09135314

Midwest Real Estate Data (MRED)

APN: 13-12-214-051-1003