NOT LISTED FOR SALE

2950 W Cortland St Unit 1 Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $358,000 - $510,000

2 Beds
1 Bath
1,094 Sq Ft
$221/mo HOA Fee

Last Sold February 08, 2022

Last sale price $297,500 $272 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,756/month

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • Whirlpool Bathtub
  • Patio
  • 5-minute walk to Bloomingdale Trail — The 606

About This Home

As of February 2022

Welcome home to this meticulously maintained, South facing, 2 bedroom 1 bathroom condo in the heart of Palmer Square! The huge floor plan is highlighted with a chef kitchen featuring granite countertops and stainless steel appliances and includes a large 10x15 balcony immediately off the kitchen. The kitchen opens up to the enormous sundrenched living room which features a gas fireplace and large bonus sunroom perfect for a true dining space or home office. Both bedrooms are generous in size with the primary bedroom featuring 2 massive closets. The bathroom is highlighted with a double vanity, huge jetted soaking tub, and stand up shower. Unit includes a stackable washer and dryer. Situated directly off the Boulevard, this location cannot be beat, just minutes away from all the great bars, restaurants, and coffee shops of Logan Square and extremely easy access to the 606, public transportation, and tons of green space. Lots of street parking available. This professionally managed, 16 unit building was converted in 2007 and is extremely well run with ~50k in reserves! Please note this is an elevated first floor unit, not at ground level.

Last Agent to Sell the Property

Keith Brand

Berkshire Hathaway HomeServices Chicago License #475171462 Listed on: 01/05/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Camille Canales

Compass License #475167459

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 1920 | Remodeled in 2007

Lot Details

  • 7,536

HOA Fees

  • $221 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Yates Elementary School
  • Clemente Community Academy Senio High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 16 Units
  • Liz Fisher Association, Phone Number (773) 929-7000
  • Property managed by Wald Mgmt

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,231

Year Built

Built in 1920 | Remodeled in 2007

Lot Details

0

HOA Fees

$221 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: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • 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

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 299900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 221
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Wald Mgmt
  • Management Contact Name: Liz Fisher
  • Management Phone: 773-929-7000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Yates Elementary School
  • High School: Clemente Community Academy Senio
  • Middle/Junior School: Yates Elementary School
  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4230.89
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 10, 2022
Sold by
Vorderburg Anne
Bought by
Helton Michael and Lyons Jodie
Seller's Agent
Keith Brand
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Camille Canales
Compass
List Price
$299,900
Sold Price
$297,500
Premium/Discount to List
-$2,400
-0.8%
Current Estimated Value
$413,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,700
Avg. Annual Appreciation
9.23%
Original Mortgage
$267,750
Outstanding Balance
$248,626
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,574

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 1, 2022
Sold by
Vorderburg Anne
Bought by
Helton Michael and Lyons Jodie
Seller's Agent
Keith Brand
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Camille Canales
Compass
List Price
$299,900
Sold Price
$297,500
Premium/Discount to List
-$2,400
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Outstanding Balance
$248,626
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,574

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 5, 2019
Sold by
Somerville Ryan F and Somerville Douglas Joanne
Bought by
Vorderburg Anne
Seller's Agent
Katie Mihelich
Coldwell Banker Real Estate Group
Buyer's Agent
Keith Brand
Berkshire Hathaway HomeServices Chicago
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$252,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Cortland Humboldt Llc
Bought by
Somerville Ryan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.36%
Mortgage Type
Unknown
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
Helton Michael -- --
Helton Michael -- --
Vorderburg Anne $280,000 Citywide Title Corporation
Somerville Ryan F $253,000 M G R Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helton Michael $267,750
Previous Owner Vorderburg Anne $252,000
Previous Owner Somerville Ryan F $253,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2022 02/08/22 Sold $297,500 -0.8% $272 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $299,900 +7.1% $274 / Sq Ft
10/08/2019 10/08/19 Sold $280,000 -1.8% $256 / Sq Ft View Prior Sale
09/09/2019 09/09/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $285,000 -- $261 / 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 $4,417 $29,870 $2,363 $27,507
2023 $4,284 $24,177 $1,076 $23,101
2022 $4,284 $24,177 $1,076 $23,101
2021 $4,206 $24,176 $1,075 $23,101
2020 $4,231 $22,026 $1,075 $20,951
2019 $4,912 $24,360 $1,075 $23,285
2018 $4,812 $24,360 $1,075 $23,285
2017 $4,221 $19,610 $949 $18,661
2016 $3,928 $19,610 $949 $18,661
2015 $3,838 $20,944 $949 $19,995
2014 $2,098 $11,305 $854 $10,451
2013 $2,056 $11,305 $854 $10,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11298519

Midwest Real Estate Data (MRED)

APN: 13-36-304-039-1006