NOT LISTED FOR SALE

2841 S Wells St Unit 2W Chicago, IL 60616

Armour Square Neighborhood

Estimated Value: $206,237 - $289,000

2 Beds
1 Bath
800 Sq Ft
$165/mo HOA Fee

Last Sold October 13, 2020

Last sale price $210,000 $262 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,698/month

53 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Entrance Foyer
  • Main Floor Bedroom
  • Breakfast Bar
  • Central Air

About This Home

As of October 2020

LOCATION & LOCATION!! HIGHLY DESIRED ALL BRICK CONDO IN THE HEART OF ARMOUR SQUARE NEIGHBORHOOD. THIS UNIT IS SOUTH FACING WITH TON OF NATURAL LIGHT. FEATURES OPEN FLOOR PLAN WITH 2 BEDROOMS, 1 SPACIOUS BATHROOM, 11 FEET CEILING HEIGHT, HARDWOOD FLOOR THROUGH OUT THE ENTIRE UNIT, 42" MAPLE CABINETS, GRANITE COUNTER TOP, STAINLESS STEEL APPLIANCES, MARBLE TILE BATHROOM, IN-UNIT LAUNDRY, CENTRAL HEAT & AIR CONDITIONING, SECURED FRONT ENTRANCE, LARGE BACK YARD FOR SUMMER FUN. CONVENIENTLY LOCATED ON A QUIET BLOCK WITH QUICK ACCESS TO DAN RYAN EXPRESSWAY, MINUTES TO DOWNTOWN, IIT CAMPUS, AND MC.CORMICK PLACE. WALKING DISTANCE TO WHITE SOX, PARK, FURAMA STRIP MALL, RESTAURANTS, MARKET, AND BARS. CAN'T BEAT THE LOWEST CONDO ASSESSMENT IN TOWN. TONS OF STREET PARKING, OWNER USED TO RENT A GARAGE SPACE ACROSS FROM THE BUILDING FOR $100 PER MONTH. UNIT CURRENTLY RENTING OUT & LEASE EXPIRES 11/2020.

Last Agent to Sell the Property

Chia Lin Au

Lakeside Properties Group, LLC License #475158647 Listed on: 07/10/2020

Last Buyer's Agent

Dulce Ramos

Chicago Sweet Homes Realty Inc License #471010845

Property Details

Home Type

  • Condominium

Year Renovated

  • 2007

Lot Details

  • 6,316

HOA Fees

  • $165 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • Entrance Foyer
  • Wood Flooring

Kitchen

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • East or West Exposure
  • City Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $6,500 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Year Renovated

2007

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2007
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
  • Equipment: Intercom
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X4, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 12X5, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Foyer, Dimensions: 5X6, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 800
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Storms/Screens
  • Exposure: W (West), City

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 165
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17284180341003

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 2472.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 13, 2020
Sold by
Au Chia Lin
Bought by
Rodriguez Caroline Wendy
Seller's Agent
Chia Lin Au
Lakeside Properties Group, LLC
Buyer's Agent
Dulce Ramos
Chicago Sweet Homes Realty Inc
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Current Estimated Value
$243,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,559
Avg. Annual Appreciation
2.84%
Original Mortgage
$203,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2011
Sold by
Vander Zanden Jody
Bought by
Au Chia Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2006
Sold by
Pw Investors Group Llc
Bought by
Zanden Jody Vander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Caroline Wendy $210,000 Fidelity National Title
Au Chia Lin $130,000 Cti
Zanden Jody Vander $219,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Caroline Wendy $203,700
Previous Owner Au Chia Lin $91,000
Previous Owner Zanden Jody Vander $219,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $210,000 -4.1% $263 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $219,000 -- $274 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,887 $18,949 $2,242 $16,707
2024 $2,887 $18,949 $2,242 $16,707
2023 $2,793 $17,000 $1,810 $15,190
2022 $2,793 $17,000 $1,810 $15,190
2021 $2,749 $16,999 $1,810 $15,189
2020 $2,484 $14,254 $1,810 $12,444
2019 $2,516 $15,952 $1,810 $14,142
2018 $2,472 $15,952 $1,810 $14,142
2017 $2,163 $13,421 $1,440 $11,981
2016 $2,688 $13,421 $1,440 $11,981
2015 $2,459 $13,421 $1,440 $11,981
2014 $2,219 $11,959 $1,748 $10,211
2013 $2,175 $11,959 $1,748 $10,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10777303

Midwest Real Estate Data (MRED)

APN: 17-28-418-034-1003