NOT LISTED FOR SALE

2823 W Balmoral Ave Unit 1W Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $225,000 - $252,000

2 Beds
1 Bath
900 Sq Ft
$150/mo HOA Fee

Last Sold June 12, 2024

Last sale price $225,000 $250 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,686/month

9 Days on Market

About This Home

As of June 2024

Welcome home to unit 1W, located on a beautiful tree-lined street and recently updated with new floors and cabinets. It is within walking distance of Swedish Covenant Hospital, transportation, and more! The common area basement has an individual washer and dryer for each unit.

Last Agent to Sell the Property

Henry Rafidia

Kawash Group License #475191009 Listed on: 04/30/2024

Co-Listed By

Nedal Kawash

Kawash Group License #471022064

Last Buyer's Agent

Ramsin Benjamin

American International Realty License #475175487

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 1949 | Remodeled in 2024

Lot Details

  • 5,663

HOA Fees

  • $150 Monthly HOA Fees

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Den

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care
  • 4 Units
  • Demetra Kargakis Association, Phone Number (773) 879-6080
  • Property managed by Demetra Kargakis

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,394

Year Built

Built in 1949 | Remodeled in 2024

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1949
  • 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: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: Den
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 229999
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking: None

Utilities

  • Cooling: None
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Demetra Kargakis
  • Management Contact Name: Demetra Kargakis
  • Management Phone: 773-879-6080
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3393.54
  • Tax Year: 2022

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 26, 2024
Sold by
Bekanon Martin and Bekanon Samira
Bought by
Youkana Yousif
Seller's Agent
Henry Rafidia
Kawash Group
Buyer's Agent
Ramsin Benjamin
American International Realty
List Price
$229,999
Sold Price
$225,000
Premium/Discount to List
-$4,999
-2.17%
Views
46
Current Estimated Value
$237,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,670
Avg. Annual Appreciation
4.08%
Original Mortgage
$168,750
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2013
Sold by
Bekanon Martin
Bought by
Bekanon Martin and Bekanon Samira

Purchase Details

Closed on
Dec 9, 2006
Sold by
2823 W Balmoral Condominium Assn
Bought by
Bekanon Martin
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
Youkana Yousif $225,000 Citywide Title
Bekanon Martin -- Citywide Title Corporation
Bekanon Martin -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youkana Yousif $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $225,000 -2.2% $250 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $229,999 -- $256 / 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 $3,481 $16,870 $5,580 $11,290
2023 $3,394 $16,500 $4,521 $11,979
2022 $3,394 $16,500 $4,521 $11,979
2021 $3,318 $16,499 $4,520 $11,979
2020 $3,594 $16,131 $2,684 $13,447
2019 $3,607 $17,953 $2,684 $15,269
2018 $3,546 $17,953 $2,684 $15,269
2017 $3,336 $15,499 $2,401 $13,098
2016 $3,104 $15,499 $2,401 $13,098
2015 $2,840 $15,499 $2,401 $13,098
2014 $1,544 $8,324 $2,119 $6,205
2013 $1,514 $8,324 $2,119 $6,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12035048

Midwest Real Estate Data (MRED)

APN: 13-12-114-072-1003