NOT LISTED FOR SALE

2702 W Cortland St Unit 1 Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $313,000 - $326,715

2 Beds
1 Bath
-- Sq Ft
$250/mo HOA Fee

Last Sold June 04, 2021

Last sale price $245,000

Est. 30% increase in value since last sale

Current estimated payment $2,380/month

28 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • Dogs and Cats Allowed
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • 4-minute walk to Lucy Flower Park

About This Home

As of June 2021

Beautiful 2 bedroom West Bucktown condo, located near the rapidly developing Armitage restaurant corridor, as well as the Western Ave. and California Blue Line stops. This freshly painted unit features newly refinished hardwood floors, stainless steel appliances, a front balcony and rear deck, storage in the basement, dual sink vanity, in-unit laundry, and large windows in the living room which allow a ton of natural light. The primary bedroom is located towards the rear of the unit, ensuring a quiet nights sleep as occupants spend time in the living room. The guest bedroom contains a built out wardrobe for additional storage, while maintaining enough square footage for a queen sized bed. The unit can be rented for up to 2 years, however no short term leases under 6 months are allowed.

Last Agent to Sell the Property

Peter Diaz

@properties Christie's International Real Estate Listed on: 03/23/2021

@properties Christie's International Real Estate

Co-Listed By

Joseph Hosch

@properties Christie's International Real Estate License #475171810

Last Buyer's Agent

Timothy Mullet

Baird & Warner License #475170266

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,617

Year Renovated

  • 2008

Lot Details

  • 8,189

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Schools

  • Chase Elementary School
  • Clemente Community Academy Senio High School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger
  • 20 Units
  • Kellie Velasquez Association, Phone Number (773) 370-5846
  • Property managed by Good Steward Building Management

Pet Policy

  • Pets up to 40 lbs
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,617

Year Renovated

2008

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • 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: 2008
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2008

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Freezer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Other Equipment: TV-Cable, Intercom, CO Detectors
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 250000
  • 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: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Good Steward Building Management
  • Management Contact Name: Kellie Velasquez
  • Management Phone: 773-370-5846

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • Elementary School: Chase Elementary School
  • High School: Clemente Community Academy Senio
  • 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: 40

Tax Info

  • Tax Annual Amount: 3616.75
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Mehendale Purushothama M and Mehendale Rama K
Bought by
Purushothama M Mehendale Declaration Of Trust and Rama K Mehendale Declaration Of Trust
Current Estimated Value
$318,679

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 28, 2021
Sold by
Panio Christopher L and Panio Katie
Bought by
Mehendale Rama K and Mehendale Purushothama M
Seller's Agent
Peter Diaz
@properties Christie's International Real Estate
Buyer's Agent
Timothy Mullet
Baird & Warner
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$183,750
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2008
Sold by
2700 Cortland Llc
Bought by
Panio Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
6.39%
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
Purushothama M Mehendale Declaration Of Trust -- None Listed On Document
Mehendale Rama K $245,000 Chicago Title
Panio Christopher L $202,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehendale Rama K $183,750
Previous Owner Panio Christopher $179,166
Previous Owner Panio Christopher L $190,698
Previous Owner Panio Christopher L $196,712
Previous Owner Panio Christopher L $191,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $245,000 -2.0% --
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale -- -- --
03/23/2021 03/23/21 For Sale $250,000 0.0% --
10/09/2019 10/09/19 For Rent $1,700 0.0% --
08/29/2019 08/29/19 Off Market $1,700 -- --
08/27/2019 08/27/19 Rented $1,700 0.0% --
08/16/2019 08/16/19 For Rent $1,700 -- --
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 $4,716 $26,607 $2,089 $24,518
2023 $4,597 $22,273 $951 $21,322
2022 $4,597 $22,273 $951 $21,322
2021 $3,822 $22,272 $951 $21,321
2020 $3,625 $19,318 $951 $18,367
2019 $3,617 $21,366 $951 $20,415
2018 $3,542 $21,366 $951 $20,415
2017 $3,672 $20,433 $839 $19,594
2016 $3,592 $20,433 $839 $19,594
2015 $3,264 $20,433 $839 $19,594
2014 $1,546 $10,900 $755 $10,145
2013 $1,504 $10,900 $755 $10,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11029791

Midwest Real Estate Data (MRED)

APN: 13-36-401-034-1011