NOT LISTED FOR SALE

2755 W Berwyn Ave Unit 1W Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $229,000 - $254,249

2 Beds
1 Bath
1,000 Sq Ft
$125/mo HOA Fee

Last Sold October 14, 2022

Last sale price $220,000 $220 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,635/month

10 Days on Market

Highlights

  • Bonus Room
  • Forced Air Heating System
  • Senior Tax Exemptions
  • Living Room
  • Dining Room

About This Home

As of October 2022

COMPLETELY REHABBED! PRICED FOR FAST SALE. STAINLESS STEEL APPLIANCES & ALL NEW LIGHTING FIXTURES. GENEROUS SIZED BEDROOMS WITH HIS/HERS CLOSETS PLUS A BONUS HEATED TANDEM ROOM.HARDWOOD FLOORS THROUGHOUT & NEWER WINDOWS. AMPLE STORAGE TO PRIVATE BASEMENT WITH DIRECT STAIRWAY DOWN - WASHER/DRYER & WALK-OUT TO YARD. CONVENIENT TO CTA TRANSPORTATION AT FOSTER & CALIFORNIA. TWO BLOCKS SOUTH IS SWEDISH/NORTHSHORE HOSPITAL. EASY TO SHOW.

Last Agent to Sell the Property

Angel Salazar

Century 21 Universal License #475139259 Listed on: 09/14/2022

Century 21 Universal

Last Buyer's Agent

Sami Yonan

Dimel Realty Inc License #471002828

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1953 | Remodeled in 2022

Lot Details

  • 7,275

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Partial Air Conditioning Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include air conditioning, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Budlong Woods Subdivision, Two Story 4 Unit Condo Floorplan
  • Property managed by Self-Managed

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,903

Year Built

Built in 1953 | Remodeled in 2022

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Budlong Woods
  • Year Built: 1953
  • Age: 61-70 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: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: Bonus Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ LivRm,Combined w/ FamRm,L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 249900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Partial
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Management: Monday through Sunday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Unknown
  • Management Phone: 999-999-9999X99999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Air Conditioning, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1903.43
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 14, 2022
Sold by
Arellano Gloria B
Bought by
Akobian Madlin
Seller's Agent
Angel Salazar
Century 21 Universal
Buyer's Agent
Sami Yonan
Dimel Realty Inc
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$243,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,812
Avg. Annual Appreciation
3.44%
Original Mortgage
$207,000
Outstanding Balance
$200,127
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$43,685

Purchase Details

Closed on
Sep 3, 1997
Sold by
Blumenthal Freda C
Bought by
Arellano Manuel J and Arellano Gloria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.54%
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
Akobian Madlin $220,000 None Listed On Document
Arellano Manuel J $56,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akobian Madlin $207,000
Previous Owner Arellano Manuel J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $220,000 -12.0% $220 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $249,900 -- $250 / 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 $2,785 $21,050 $7,196 $13,854
2023 $1,449 $13,200 $5,830 $7,370
2022 $1,449 $13,200 $5,830 $7,370
2021 $1,315 $13,199 $5,829 $7,370
2020 $1,903 $18,122 $3,461 $14,661
2019 $1,898 $20,169 $3,461 $16,708
2018 $1,869 $20,169 $3,461 $16,708
2017 $2,001 $18,215 $3,096 $15,119
2016 $2,397 $18,215 $3,096 $15,119
2015 $2,303 $18,215 $3,096 $15,119
2014 $2,284 $16,711 $2,732 $13,979
2013 $2,110 $16,711 $2,732 $13,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11629244

Midwest Real Estate Data (MRED)

APN: 13-12-227-053-1002