NOT LISTED FOR SALE

2846 W Summerdale Ave Unit 2E Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $245,000 - $254,000

3 Beds
1 Bath
1,186 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $227,000 $191 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,718/month

98 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Ceiling Fan
  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of June 2024

2 BEDROOMS + 3RD BEDROOM IS A TANDEM, 1 BATH UNIT IN WELL MAINTAINED BUILDING LOCATED IN LINCOLNSQUARE. HARDWOOD FLOORS THROUGHOUT THE UNIT, FRESHLY PAINTED, GRANITE, STAINLESS STEEL APPLIANCE, EAT-IN KITCHEN, 3RD BR IS TANDEM WITH HEAT, ASSIGNED PARKING SPACE IN BACK. CENTRAL HEAT/AIR, PLENTY OF STORAGE IN PVT BASEMENT AND PVT LAUNDRY, 4K CAMERA SYSTEM, SIDEWALKS (6/2022), BUILDING WAS ALL TUCKPOINTED (4/2020) WATER BOILER(7/2021), NEWER WINDOWS, NEW BLINDS THROUGHOUT THE UNIT, BRAND NEW BATHROOM REHABBED WITH COPPER PLUMBING(8/2022) TO MUCH TO LIST MUST SEE TO TRULY APPRECIATE. VERY LOW ASSESSMENT $200.00 AND TAXES $2,427.13 RENTALS ARE ALLOWED. THIS UNIT AND UNIT 1E HAVE TO BE SOLD TOGETHER AT THE SAME TIME. UNIT 1E HAS ALL COPPER LINES AND 2ND FLOOR HAS ALL COPPER LINES IN THE BATHROOM. IT'S ALSO $225,000 BOTH IN ALMOST SAME CONDITION AND SAME UPGRADES. CLIENTS ARE RELOCATING. *****NOTE TO INVESTORS, OWNERS WANTS TO LEASE BACK MONTH TO MONTH AFTER THE SALE OF THE UNIT 2E AND 1E AT AREA RENTAL MARKET VALUE. BOTH UNIT 2E AND 1E HAVE TO BE SOLD AS A PACKAGE DEAL.*****

Last Agent to Sell the Property

Martin Abraham

Baird & Warner License #471013798 Listed on: 12/20/2023

Baird & Warner

Co-Listed By

Melissa Gatsios

Baird & Warner License #475206246

Last Buyer's Agent

Amy Duong Kim

Compass License #471005863

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1952 | Remodeled in 2018

Lot Details

  • 5,619

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Included in Price
  • Assigned Parking

Schools

  • Jamieson Elementary School
  • Mather High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Budlong Woods Subdivision

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Security Lighting

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,464

Year Built

Built in 1952 | Remodeled in 2018

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Quad-2 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Quad-2 Story
  • Subdivision Name: Budlong Woods
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Storage, Granite Counters
  • LivingArea: 1186
  • Other Equipment: Ceiling Fan(s)
  • 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
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 225000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 200
  • Association Amenities: Storage, Security Lighting
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Jamieson Elementary School
  • High School: Mather High School
  • Middle/Junior School: Jamieson Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 5625
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 2464.01
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
May 30, 2024
Sold by
Eachaya Madlin and Odicho Edward
Bought by
Nguyen Tuau and Dang Tinh Thi
Seller's Agent
Martin Abraham
Baird & Warner
Buyer's Agent
Amy Duong Kim
Compass
List Price
$225,000
Sold Price
$227,000
Premium/Discount to List
$2,000
0.89%
Views
228
Current Estimated Value
$248,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,751
Avg. Annual Appreciation
6.86%
Original Mortgage
$170,250
Outstanding Balance
$168,211
Interest Rate
7.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$80,540

Purchase Details

Listed on
Dec 20, 2023
Closed on
Apr 12, 2024
Sold by
Eachaya Madlin and Odicho Edward
Bought by
Nguyen Tuau and Dang Trinh Thi
Seller's Agent
Martin Abraham
Baird & Warner
Buyer's Agent
Amy Duong Kim
Compass
List Price
$225,000
Sold Price
$227,000
Premium/Discount to List
$2,000
0.89%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Outstanding Balance
$168,211
Interest Rate
7.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$80,540

Purchase Details

Closed on
Jan 11, 2019
Sold by
Eachaya Madlin and Odicho Edward
Bought by
Odicho Edward and Sada Ninorta

Purchase Details

Listed on
Dec 18, 2017
Closed on
Jan 26, 2018
Sold by
Kirali Samiye M
Bought by
Eachaya Madlin and Odicho Edward
Seller's Agent
Bill Loumbardias
Devon Realty, Inc.
Buyer's Agent
Martin Abraham
Baird & Warner
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Jun 16, 2016
Sold by
Stelton
Bought by
Kirali Samiye M

Purchase Details

Closed on
Jun 28, 2004
Sold by
Shaikh Sami and Shaikh Fouzia
Bought by
Stelton Doreen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2000
Sold by
Youkhana Sarkon and Youkhana Carol
Bought by
Sami Shaikh and Shaikh Fauzia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.15%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Khoury Elaine B and Bebla Elaine B
Bought by
Youkhana Sarkon and Youkhana Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.38%

Purchase Details

Closed on
Jun 7, 1994
Sold by
Toumplis Joan and Toumplis Stella
Bought by
Khoury Elaine B and Pepella Samir D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
8.45%

Purchase Details

Closed on
Apr 21, 1994
Sold by
Lasalle National Trust Na
Bought by
Toumplis John and Toumplis Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
8.45%
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
Nguyen Tuau $227,000 None Listed On Document
Nguyen Tuau $227,000 None Listed On Document
Odicho Edward -- Attorney
Eachaya Madlin $148,000 Fidelity National Title
Kirali Samiye M $68,000 None Available
Stelton Doreen K $190,000 --
Sami Shaikh $135,000 --
Youkhana Sarkon $90,000 Attorneys Natl Title Network
Khoury Elaine B $82,000 --
Toumplis John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tuau $170,250
Previous Owner Nguyen Tuau $170,250
Previous Owner Stelton Doreen K $184,300
Previous Owner Sami Shaikh $130,000
Previous Owner Youkhana Sarkon $67,500
Previous Owner Khoury Elaine B $69,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2024 06/04/24 Sold $227,000 +0.9% $191 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $225,000 0.0% $190 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $225,000 +52.0% $190 / Sq Ft
02/09/2018 02/09/18 Sold $148,000 -7.4% $148 / Sq Ft View Prior Sale
01/02/2018 01/02/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $159,900 0.0% $160 / Sq Ft
04/24/2017 04/24/17 Rented $1,450 0.0% --
03/17/2017 03/17/17 For Rent $1,450 -- --
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 $2,550 $20,930 $5,555 $15,375
2023 $2,464 $15,400 $4,500 $10,900
2022 $2,464 $15,400 $4,500 $10,900
2021 $2,427 $15,400 $4,500 $10,900
2020 $2,076 $12,420 $2,671 $9,749
2019 $2,088 $13,823 $2,671 $11,152
2018 $2,868 $17,953 $2,671 $15,282
2017 $2,681 $15,830 $2,390 $13,440
2016 $2,670 $15,830 $2,390 $13,440
2015 $2,420 $15,830 $2,390 $13,440
2014 $2,309 $15,013 $2,109 $12,904
2013 $2,252 $15,013 $2,109 $12,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11928986

Midwest Real Estate Data (MRED)

APN: 13-12-114-070-1002