NOT LISTED FOR SALE

2842 N Burling St Unit 1 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $740,000 - $845,000

2 Beds
2 Baths
1,680 Sq Ft
$200/mo HOA Fee

Last Sold December 30, 2021

Last sale price $579,000 $345 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,610/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Detached Garage
  • Senior Tax Exemptions
  • Alcott Elementary School Rated A-
  • Soaking Tub

About This Home

As of December 2021

Welcome home! Step into an open concept, rehabbed, first level unit on Chicago's desirable, tree-lined Burling street! Notice impressive 10 foot ceilings with modern trim and finishes, luxurious hardwood floors with stunning detail, and updated Kohler fixtures throughout the 1,680 SF space. The chef of the family will find the custom 42" wood cabinetry, granite countertops, brand new backsplash, stainless steel appliances, and expansive peninsula with breakfast bar very impressive. Three sets of french doors open to a fenced private patio perfect for entertaining family and friends! The large living/dining room features a cozy, wood burning fireplace with surrounding granite. Two neatly organized closets, a marble double vanity, spa-like bathtub and rain shower complete the spacious primary suite. Enjoy the convenience of a dedicated one-car attached garage and stackable, in unit- washer/dryer. Building installed a completely new roof and had tuck pointing done in 2021. Steps from all forms of public transportation, the Lincoln Park Zoo, Lake Michigan, parks, shopping, grocery stores, restaurants and all the amenities the thriving Lincoln Park neighborhood has to offer!

Last Agent to Sell the Property

Rafay Qamar

Real Broker LLC License #475158420 Listed on: 11/03/2021

Real Broker LLC

Last Buyer's Agent

Michelle Berger

North Clybourn Group, Inc. License #475158539

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,191

Year Built

  • 1998

Lot Details

  • 4,530

HOA Fees

  • $200 per month

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 1,680 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • James Colquhoun Association, Phone Number (312) 391-3539
  • Property managed by James Colquhoun

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,191

Year Built

1998

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 21-25 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: 1
  • New Construction Y/N: No
  • Directions: Clark to Oakdale, west to Burling, south to property
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 1680
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1680
  • Fireplace Location: Living Room
  • Total Sq Ft: 1680
  • Main Level Sq Ft: 1680
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • Other Equipment: TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: Foyer, Terrace
  • Stories: 4

Exterior Features

  • Exterior Features: Deck, Patio, Outdoor Grill, Cable Access
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Limestone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: James Colquhoun
  • Management Contact Name: James Colquhoun
  • Management Phone: 312-391-3539
  • Amenities: Storage, Security Door Lock(s)
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Alcott Elementary School
  • High School: Lincoln Park High School
  • Junior High Dist: 299
  • Middle Or Junior School: Alcott Elementary School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 14158.5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 18, 2022
Sold by
Ahmadi Pooyan Amir and Bejarano Grabiela Molina
Bought by
Powers Ryan P and Rogers Brian
Seller's Agent
Rafay Qamar
Real Broker LLC
Buyer's Agent
Michelle Berger
North Clybourn Group, Inc.
List Price
$589,000
Sold Price
$579,000
Premium/Discount to List
-$10,000
-1.7%
Current Estimated Value
$790,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,052
Avg. Annual Appreciation
8.48%
Original Mortgage
$463,200
Outstanding Balance
$431,578
Interest Rate
3.99%
Estimated Equity
$358,474

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 30, 2021
Sold by
Ahmadi Pooyan Amir and Bejarano Grabiela Molina
Bought by
Powers Ryan P and Rogers Brian
Seller's Agent
Rafay Qamar
Real Broker LLC
Buyer's Agent
Michelle Berger
North Clybourn Group, Inc.
List Price
$589,000
Sold Price
$579,000
Premium/Discount to List
-$10,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Outstanding Balance
$431,578
Interest Rate
3.99%
Estimated Equity
$358,474

Purchase Details

Listed on
May 25, 2020
Closed on
Jun 24, 2020
Sold by
Howell Larry R and Howell Susan S
Bought by
Ahmadi Pooyan Amir and Bejarano Gabriela Molina
Seller's Agent
Jim Ongena
@properties Christie's International Real Estate
Buyer's Agent
Rafay Qamar
Real Broker LLC
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$498,750
Interest Rate
3.12%

Purchase Details

Closed on
Mar 1, 2005
Sold by
Stevens Todd T
Bought by
Swann Howell Larry R and Swann Howell Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Ginsberg Richard E and Tessler Natalie
Bought by
Stevens Todd T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Gvp Near North Lp
Bought by
Ginnsberg Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 9, 1997
Sold by
Mock Lloyd
Bought by
Gvp Near North Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 15, 1997
Sold by
Mock Kris H
Bought by
Mock Lloyd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.75%
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
Powers Ryan P -- --
Powers Ryan P -- --
Powers Ryan P -- --
Ahmadi Pooyan Amir $525,000 Chicago Title
Swann Howell Larry R $505,000 Multiple
Stevens Todd T $457,000 Git
Ginnsberg Richard E $335,000 --
Gvp Near North Lp $272,000 Attorneys Natl Title Network
Mock Lloyd J -- 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Ryan P $463,200
Closed Powers Ryan P $463,200
Previous Owner Ahmadi Pooyan Amir $498,750
Previous Owner Swann Howell Larry R $300,000
Previous Owner Stevens Todd T $319,900
Previous Owner Ginnsberg Richard E $268,000
Previous Owner Mock Lloyd J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $579,000 -1.7% $345 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $589,000 +12.2% $351 / Sq Ft
06/29/2020 06/29/20 Sold $525,000 0.0% $313 / Sq Ft View Prior Sale
05/28/2020 05/28/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $525,000 -- $313 / 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 $15,191 $57,900 $19,766 $38,134
2023 $14,809 $72,000 $19,880 $52,120
2022 $14,809 $72,000 $19,880 $52,120
2021 $14,479 $72,000 $19,880 $52,120
2020 $14,159 $69,141 $7,724 $61,417
2019 $14,697 $79,325 $7,724 $71,601
2018 $14,448 $79,325 $7,724 $71,601
2017 $11,784 $54,740 $6,816 $47,924
2016 $10,964 $54,740 $6,816 $47,924
2015 $10,031 $54,740 $6,816 $47,924
2014 $9,384 $50,575 $5,594 $44,981
2013 $9,198 $50,575 $5,594 $44,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260567

Midwest Real Estate Data (MRED)

APN: 14-28-114-062-1001