NOT LISTED FOR SALE

2921 W Summerdale Ave Unit 2 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $228,000 - $245,000

2 Beds
1 Bath
1,030 Sq Ft
$286/mo HOA Fee

Last Sold July 29, 2019

Last sale price $180,500 $175 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,794/month

67 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Outdoor Grill
  • End Unit
  • Storage
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Beautifully updated 2 bedroom, 1 bath condo including deeded exterior parking space included in Lincoln Square/Budlong Woods. Second floor, corner unit features two spacious bedrooms with large organized closets, hardwood floors, washer & dryer in unit, and central Heat/AC. Kitchen includes stainless steel appliances, granite counter-tops & back-splash and 42" cabinets. Additional storage and bike room in basement. Relaxing common patio perfect for grilling and gardening. Great location surrounded by beautiful parks, bike path, river, boat launch, Galter Center, North Park University, shopping, public transportation and more.

Last Agent to Sell the Property

Jeffrey Penteris

JCP Realty Group, Inc. License #471003327 Listed on: 04/20/2019

Last Buyer's Agent

Giovanni Leopaldi

Compass License #475137160

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built | Renovated

  • 1950 | 2002

Lot Details

  • End Unit
  • East or West Exposure

HOA Fees

  • $286 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,376

Year Built | Renovated

1950 | 2002

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2002
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Courtyard
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1950
  • Year Renovated: 2002

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Dish, Intercom, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1030
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Outdoor Grill, End Unit
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Manager On-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Storage, Park/Playground
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessed Sq Ft: 1030
  • Assessment Association Fees: 286
  • Management Contact Name: Cheryl Sagalow
  • Management Phone: 773-472-2300

Fee Information

  • Management Company: Kane Property Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13121150491003

Multi Family

  • Total Number Unitsin Building: 21
  • Number Stories: 3

Tax Info

  • Taxes: 2587.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2019
Closed on
Jul 23, 2019
Sold by
Munoz Maria S
Bought by
Luang Bertrand Clarence V
Seller's Agent
Jeffrey Penteris
JCP Realty Group, Inc.
Buyer's Agent
Giovanni Leopaldi
Compass
List Price
$189,500
Sold Price
$180,500
Premium/Discount to List
-$9,000
-4.75%
Current Estimated Value
$233,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,404
Avg. Annual Appreciation
4.23%
Original Mortgage
$144,400
Outstanding Balance
$92,756
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$141,148

Purchase Details

Closed on
Apr 29, 2010
Sold by
Peterson Jeffrey L and Peterson Elizabeth
Bought by
Munoz Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,612
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2006
Sold by
Maguire Brian and Maguire Susan
Bought by
Peterson Jeffrey L and Peterson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2005
Sold by
Maguire Brian C and Maguire Susan
Bought by
Maguire Brian and Maguire Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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
Luang Bertrand Clarence V $180,500 Chicago Title
Munoz Maria S $187,000 Heritage Title Company
Peterson Jeffrey L $242,500 None Available
Maguire Brian -- Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luang Bertrand Clarence V $144,400
Previous Owner Munoz Maria S $183,612
Previous Owner Peterson Jeffrey L $194,000
Previous Owner Maguire Brian $182,000
Closed Maguire Brian $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $180,500 -2.2% $175 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $184,500 -2.6% $179 / Sq Ft
04/20/2019 04/20/19 For Sale $189,500 -- $184 / 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 $3,376 $20,740 $3,220 $17,520
2023 $3,291 $16,000 $2,608 $13,392
2022 $3,291 $16,000 $2,608 $13,392
2021 $3,217 $15,999 $2,608 $13,391
2020 $3,320 $14,905 $1,548 $13,357
2019 $2,644 $16,588 $1,548 $15,040
2018 $2,598 $16,588 $1,548 $15,040
2017 $2,460 $14,803 $1,385 $13,418
2016 $2,465 $14,803 $1,385 $13,418
2015 $2,232 $14,803 $1,385 $13,418
2014 $2,087 $13,818 $1,222 $12,596
2013 $2,035 $13,818 $1,222 $12,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10350559

Midwest Real Estate Data (MRED)

APN: 13-12-115-049-1003