NOT LISTED FOR SALE

2867 W Palmer St Unit G Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $471,000 - $540,000

3 Beds
2 Baths
1,850 Sq Ft
$180/mo HOA Fee

Last Sold July 13, 2021

Last sale price $375,000 $203 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,649/month

41 Days on Market

Highlights

  • Living Room with Fireplace
  • Whirlpool Bathtub
  • 3-minute walk to California Station (Blue Line - O'hare Branch)

About This Home

As of July 2021

Amazing meticulously maintained 1850 square foot, bright and spacious 3 bedroom, 2 bath condo in the heart of Logan Square includes a gated exterior parking space! Spacious Open concept living and dining areas feature brand new refinished hardwood floors, freshly painted walls and contemporary lighting. Living and dining spaces feature a gas fireplace with sliding doors that leads to a rare private patio. Updated kitchen features white 42" inch shaker cabinets, quartz countertops, custom backsplash, stainless steel appliances and large center island with breakfast bar. Grand master bedroom enjoys ensuite master bath with dual vanity, whirlpool tub, separate shower and walk-in closet. Two more large bedrooms share adjacent second full bathroom conveniently located in hallway. Additional features: 11' tall ceilings, recessed lighting, front-loading washer/dryer and new roof in 2018. Fantastic Logan Square location steps to boutique shops, restaurants, nightlife, Palmer Square Park, California CTA Blue Line and quick access to expressway. A modern classic !

Last Agent to Sell the Property

Greg Nagel

Ask Nagel License #471017591 Listed on: 04/28/2021

Last Buyer's Agent

Darrell Scott

Compass License #475156044

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,623

Year Built | Renovated

  • 2001 | 2019

Lot Details

  • 4,704

HOA Fees

  • $180 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • Off Alley Driveway
  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,623

Year Built | Renovated

2001 | 2019

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: G
  • Rehab Year: 2019
  • Directions: Take CALIFORNIA TO PALMER - One Way West to 2867 PALMER.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2001
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Other Equipment: Security System, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sump Pump
  • Dining Room Type: Office, Mud Room, Storage, Terrace
  • Stories: 3

Exterior Features

  • Exterior Features: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Driveway: Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: In Unit
  • 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: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 999-999-9999
  • Amenities: Storage
  • Association Fee: 180
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Elementary School: Darwin Elementary School
  • High School: Clemente Community Academy Senio
  • Junior High Dist: 299
  • Middle Or Junior School: Darwin Elementary School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • 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
  • Tax Annual Amount: 5890.27
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jul 7, 2021
Sold by
Christopher Davis J and Christopher Jenny R
Bought by
Ramachandran Daniel R and Dawahare Luke D
Seller's Agent
Greg Nagel
Ask Nagel
Buyer's Agent
Darrell Scott
Compass
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Total Days on Market
41
Current Estimated Value
$504,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,857
Avg. Annual Appreciation
9.45%
Original Mortgage
$337,500
Outstanding Balance
$310,221
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$223,151

Purchase Details

Listed on
May 24, 2015
Closed on
Jul 30, 2015
Sold by
Haavig John
Bought by
Christopher Davis J and Christopher Jenny R
Seller's Agent
James O'Sullivan
Village Realty, Inc.
Buyer's Agent
Thomas Tomek
Coldwell Banker Real Estate Group
List Price
$369,900
Sold Price
$354,000
Premium/Discount to List
-$15,900
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$361,611
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Jul 13, 2004
Sold by
Margetis Christopher M
Bought by
Haavig John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2002
Sold by
Holmes & Sons Builders Inc
Bought by
Margetis Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,300
Interest Rate
5.12%
Source: Public Records

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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
Ramachandran Daniel R $375,000 Landtrust Title
Christopher Davis J $354,000 Fidelity National Title
Haavig John $302,000 Atgf Inc
Margetis Christopher M $254,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramachandran Daniel R $337,500
Previous Owner Christopher Davis J $361,611
Previous Owner Haavig John $208,500
Previous Owner Haavig John $214,000
Previous Owner Haavig John C $218,400
Previous Owner Haavig John $219,400
Previous Owner Haavig John $220,000
Previous Owner Margetis Christopher M $241,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $375,000 -6.0% $203 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $399,000 -3.9% $216 / Sq Ft
04/28/2021 04/28/21 For Sale $415,000 0.0% $224 / Sq Ft
07/12/2019 07/12/19 Rented $2,600 0.0% --
07/09/2019 07/09/19 For Rent $2,600 0.0% --
07/30/2015 07/30/15 Sold $354,000 -4.3% $177 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/24/2015 05/24/15 For Sale $369,900 -- $185 / 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 $7,623 $39,953 $5,931 $34,022
2023 $7,623 $36,935 $2,701 $34,234
2022 $7,623 $36,935 $2,701 $34,234
2021 $6,780 $36,934 $2,700 $34,234
2020 $5,905 $29,513 $2,700 $26,813
2019 $5,890 $32,641 $2,700 $29,941
2018 $5,769 $32,641 $2,700 $29,941
2017 $5,436 $28,626 $2,382 $26,244
2016 $5,233 $28,626 $2,382 $26,244
2015 $4,765 $28,626 $2,382 $26,244
2014 $4,262 $25,539 $2,144 $23,395
2013 $4,167 $25,539 $2,144 $23,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11068280

Midwest Real Estate Data (MRED)

APN: 13-36-111-023-1001