NOT LISTED FOR SALE

2867 W Palmer St Unit 2 Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $502,000 - $558,000

2 Beds
2 Baths
1,600 Sq Ft
$194/mo HOA Fee

Last Sold March 28, 2023

Last sale price $427,000 $267 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,826/month

5 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to California Station (Blue Line - O'hare Branch)
  • Intercom
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of March 2023

Extra wide, two bedroom, two bath condo just steps to Palmer Square, 606 Trail, Milwaukee restaurants and public transportation. Investor friendly - four units total all owner occupied. 12K in reserves. New roof, tuck pointing and sealing and parking paver in the last 5 years. This unit features two outdoor spaces - a large balcony off of the living room and a huge south facing deck off the back. Spacious open floor plan with plenty of room for a large dining table as well as a defined office nook. Large kitchen with new stainless steel appliances, granite countertops, and island with breakfast bar. The primary suite includes an ensuite bath with double vanity, jacuzzi tub and separate shower as well as a large walk in closet. Hardwood floors throughout the main living area. Second bedroom with two large closets. New full sized washer dryer. Exterior assigned parking in back is included in the price.

Last Agent to Sell the Property

Sonia Madden

@properties Christie's International Real Estate License #475146589 Listed on: 01/17/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Joseph Song

Fulton Grace Realty License #475192617

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,814

Year Built

  • Built in 2001

Lot Details

  • 4,704

HOA Fees

  • $194 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance
  • 4 Units
  • Daniel Conrad Association, Phone Number (773) 837-5218
  • Property managed by Self-managed

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,814

Year Built

Built in 2001

Lot Details

0

HOA Fees

$194 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: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 1600
  • Other Equipment: Humidifier, Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 419500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 194
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-managed
  • Management Contact Name: Daniel Conrad
  • Management Phone: 773-837-5218
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • 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: 6814
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 23, 2023
Sold by
Mater Daniel and Mater Jessica
Bought by
Donahue Brian and Donahue Kimberly
Seller's Agent
Sonia Madden
@properties Christie's International Real Estate
Buyer's Agent
Joseph Song
Fulton Grace Realty
List Price
$419,500
Sold Price
$427,000
Premium/Discount to List
$7,500
1.79%
Total Days on Market
5
Views
12
Current Estimated Value
$531,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,854
Avg. Annual Appreciation
10.50%
Original Mortgage
$362,950
Outstanding Balance
$354,032
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$177,822

Purchase Details

Listed on
Jan 10, 2018
Closed on
Feb 13, 2018
Sold by
Denning Aaron K
Bought by
Mater Daniel
Seller's Agent
Jason Rowland
Compass
Buyer's Agent
Lisa Resek-Peck
Compass
List Price
$419,900
Sold Price
$430,000
Premium/Discount to List
$10,100
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.14%
Original Mortgage
$405,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 30, 2015
Sold by
Stuard Kelly C and Maciolek Carolyn A
Bought by
Denning Aaron K
Seller's Agent
Kent Vaubel
Lakefront Realty Group, Inc.
Buyer's Agent
Jason Rowland
Compass
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$306,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2009
Sold by
Hart Josh Prakash and Hart Nalini Prakash
Bought by
Stuard Kelly C and Maciolek Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2008
Sold by
Hart Josh and Prakash Nalini
Bought by
Hart Josh Prakash and Hart Nalini Prakash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Saville Shaun
Bought by
Hart Josh and Prakash Nalini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
6.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2002
Sold by
Holmes & Sons Builders Inc
Bought by
Saville Shaun
Source: Public Records

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Range of Values:

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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
Donahue Brian $427,000 None Listed On Document
Mater Daniel $430,000 Near North National Title
Denning Aaron K $340,000 Ct
Stuard Kelly C $329,000 Attorneys Title Guaranty Fun
Hart Josh Prakash -- Chicago Title Insurance Co
Hart Josh $338,000 Attorneys Title Guaranty Fun
Saville Shaun $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donahue Brian $362,950
Previous Owner Mater Daniel $384,000
Previous Owner Mater Daniel $405,000
Previous Owner Denning Aaron K $306,000
Previous Owner Stuard Kelly C $263,200
Previous Owner Hart Josh Prakash $270,400
Previous Owner Hart Josh $270,400
Previous Owner Hart Josh $33,800
Previous Owner Saville Shaun $200,000
Previous Owner Saville Shaun $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $427,000 +1.8% $267 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $419,500 -2.4% $262 / Sq Ft
02/13/2018 02/13/18 Sold $430,000 +2.4% $232 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $419,900 +23.5% $227 / Sq Ft
10/30/2015 10/30/15 Sold $340,000 -2.6% --
08/24/2015 08/24/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $349,000 -- --
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 $7,890 $45,458 $6,748 $38,710
2023 $7,890 $41,651 $3,073 $38,578
2022 $7,890 $41,651 $3,073 $38,578
2021 $7,731 $41,649 $3,072 $38,577
2020 $6,814 $33,579 $3,072 $30,507
2019 $6,797 $37,138 $3,072 $34,066
2018 $6,657 $37,138 $3,072 $34,066
2017 $7,599 $38,677 $2,711 $35,966
2016 $7,246 $38,677 $2,711 $35,966
2015 $6,607 $38,677 $2,711 $35,966
2014 $4,915 $29,058 $2,440 $26,618
2013 $4,807 $29,058 $2,440 $26,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11702573

Midwest Real Estate Data (MRED)

APN: 13-36-111-023-1003