NOT LISTED FOR SALE

2830 S Wallace St Unit 2 Chicago, IL 60616

Bridgeport Neighborhood

Estimated Value: $255,000 - $289,000

2 Beds
1 Bath
1,000 Sq Ft
$147/mo HOA Fee

Last Sold May 19, 2022

Last sale price $218,000 $218 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,898/month

11 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • Healy Elementary School Rated 9+
  • Central Air
  • Dogs and Cats Allowed

About This Home

As of May 2022

Great opportunity to own this spacious 2 bed/1 bath condo in heart of Bridgeport! Close to grocery stores, restaurants, & many other amenities & activities. Near to public transportation, & minutes to downtown Chicago & Chinatown. Well-maintained condo with hardwood floors throughout, open kitchen with granite countertops & stainless steel appliances, central air/heat, in-unit laundry . Self-managed building with low assessment fees. Perfect for owner-occupied or investment. exterior parking spaces included. Schedule your showing today!

Last Agent to Sell the Property

Qian Kun Chen

Kale Realty License #475171061 Listed on: 02/24/2022

Kale Realty

Last Buyer's Agent

Minmei Chen

Century 21 Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 2004

Lot Details

  • Additional Parcels

HOA Fees

  • $147 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, snow removal
  • 3 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,656

Year Built

Built in 2004

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Other
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Other
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • 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

Exterior Features

  • List Price: 229000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 147
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: n/a
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000X00000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4655.87
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 7, 2022
Sold by
Li Shuhui
Bought by
Lan Yingping
Seller's Agent
Qian Kun Chen
Kale Realty
Buyer's Agent
Minmei Chen
Century 21 Realty Associates
List Price
$229,000
Sold Price
$218,000
Premium/Discount to List
-$11,000
-4.8%
Current Estimated Value
$268,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,151
Avg. Annual Appreciation
6.32%
Original Mortgage
$174,400
Interest Rate
3.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 10, 2018
Sold by
Tian Ning and Ma Wei
Bought by
Li Shuhui and Ning Puqing

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 14, 2012
Sold by
Almanza Sandy
Bought by
Tian Ning and Ma Wei
Seller's Agent
Maria Garcia
REMAX Legends
Buyer's Agent
So Yin Ng
Goodland Realty Inc.
List Price
$137,000
Sold Price
$135,000
Premium/Discount to List
-$2,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Aug 4, 2006
Sold by
Chong Zhao Jia and Liang Yue Chan
Bought by
Almanza Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,760
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Lan Yingping -- Chicago Title
Li Shuhui -- Chicago Title Insurance Comp
Tian Ning $135,000 None Available
Almanza Sandy $247,500 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lan Yingping $174,400
Previous Owner Almanza Sandy $197,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $218,000 -4.8% $218 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $229,000 +69.6% $229 / Sq Ft
05/17/2012 05/17/12 Sold $135,000 -1.5% $135 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $137,000 -- $137 / 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 $3,951 $19,823 $4,826 $14,997
2023 $3,852 $18,729 $3,896 $14,833
2022 $3,852 $18,729 $3,896 $14,833
2021 $3,872 $19,256 $3,896 $15,360
2020 $3,871 $17,375 $3,896 $13,479
2019 $3,908 $19,449 $3,896 $15,553
2018 $3,842 $19,449 $3,896 $15,553
2017 $2,669 $12,399 $3,099 $9,300
2016 $2,483 $12,399 $3,099 $9,300
2015 $2,272 $12,399 $3,099 $9,300
2014 $2,318 $12,495 $3,763 $8,732
2013 $2,273 $12,495 $3,763 $8,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11331568

Midwest Real Estate Data (MRED)

APN: 17-28-312-051-1002