NOT LISTED FOR SALE

2648 W Gunnison St Unit 2 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $337,000 - $432,000

2 Beds
3 Baths
1,300 Sq Ft
$216/mo HOA Fee

Last Sold July 01, 2015

Last sale price $272,000 $209 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,642/month

5 Days on Market

Highlights

  • Property is near a park
  • Corner Lot
  • Breakfast Bar
  • Wood Flooring
  • Stainless Steel Appliances
  • 2-minute walk to Gross Park

About This Home

As of July 2015

BEAUTIFUL, SUNNY DUPLEX-UP IN HEART OF LINCOLN SQUARE. SLEEK GUT REHAB HAS A BRIGHT, OPEN FLOOR PLAN & HIGH-END FINISHES THRUOUT. CHEF'S KIT W/ CHERRY CABS, GRANITE COUNTERS & BREAKFAST NOOK OPENS TO ELEGANT LIVING AREA W/ FP & TRAY CEILINGS. UPSTAIRS FEATURES 2 BEDROOMS, EACH W/ LUXURY BATH EN SUITE. LAUNDRY RM, CENTRAL AIR, HARDWOOD FLOORS, & LOTS OF CLOSET SPACE. WALK TO BROWN LINE, SHOPS & RESTAURANTS.

Last Agent to Sell the Property

Susan Fox

@properties Christie's International Real Estate License #475124176 Listed on: 04/28/2015

Last Buyer's Agent

Marjorie Allabastro

Baird & Warner License #471016151

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,870

Year Built

  • 1924

Lot Details

  • 3,703

HOA Fees

  • $216 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Gas Log Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • North or South Exposure
  • Southern Exposure
  • Property is near a park

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,870

Year Built

1924

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1924
  • Type Attached: Condo, Condo-Duplex, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1924

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 4
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X4, On Level: 2nd Level
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X9, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1300
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Exterior Property Features: Storms/Screens
  • Exposure: N (North), S (South)

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Security Door Locks
  • Assessment Includes: Water, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 216
  • Management Phone: 773-913-2569X1

Fee Information

  • Management Company: CONNECTED MANAGEMENT

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner, Park Adjacent
  • Parcel Identification Number: 13124170221004

Multi Family

  • Total Number Unitsin Building: 10
  • Number Stories: 4

Tax Info

  • Taxes: 3526.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 23, 2015
Sold by
Velasquez Eric I and Velasquez Anna
Bought by
Mcvay Michael G and Mcvay Jessica
Seller's Agent
Susan Fox
@properties Christie's International Real Estate
Buyer's Agent
Marjorie Allabastro
Baird & Warner
List Price
$279,000
Sold Price
$272,000
Premium/Discount to List
-$7,000
-2.51%
Current Estimated Value
$385,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,214
Avg. Annual Appreciation
3.43%
Original Mortgage
$258,400
Outstanding Balance
$204,464
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$180,750

Purchase Details

Closed on
Apr 30, 2008
Sold by
4841 N Washtenaw Llc
Bought by
Velasquez Eric I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,200
Interest Rate
5.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Mcvay Michael G $272,000 Natc
Velasquez Eric I $286,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcvay Michael G $258,400
Previous Owner Velasquez Eric I $229,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2015 07/01/15 Sold $272,000 -2.5% $209 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $279,000 -- $215 / 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 $4,870 $29,593 $1,490 $28,103
2023 $4,726 $26,401 $1,008 $25,393
2022 $4,726 $26,401 $1,008 $25,393
2021 $4,639 $26,399 $1,007 $25,392
2020 $4,595 $23,729 $1,007 $22,722
2019 $4,570 $26,177 $1,007 $25,170
2018 $4,492 $26,177 $1,007 $25,170
2017 $4,209 $22,926 $881 $22,045
2016 $4,092 $22,926 $881 $22,045
2015 $3,720 $22,926 $881 $22,045
2014 $3,609 $22,020 $818 $21,202
2013 $3,527 $22,020 $818 $21,202
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Susan Fox

    @ Properties

  • Marjorie Allabastro

    Buyer's Agent in 2015

    Marjorie Allabastro

    Baird Warner

    (773) 301-2993

    2 in this area

    68 Total Sales

    Marjorie Allabastro
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08905004

Midwest Real Estate Data (MRED)

APN: 13-12-417-022-1004

Illinois Cook County Chicago 60625 Lincoln Square

2648 W Gunnison St Unit 2, Chicago, IL

This home is located at 2648 W Gunnison St Unit 2, Chicago, IL 60625 since 28 April 2015 and is currently estimated at $385,214, approximately $296 per square foot. This property was built in 1924. 2648 W Gunnison St Unit 2 is a home located in Cook County with nearby schools including Budlong Elementary School, Amundsen High School, and St. Matthias School.

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