NOT LISTED FOR SALE

2954 S Michigan Ave Unit E Chicago, IL 60616

Dearborn Neighborhood

Estimated Value: $327,000 - $529,000

3 Beds
2 Baths
1,620 Sq Ft
$263/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2018

Last sale price $340,000 $210 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,967 / mo

42 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Attached Garage
  • Wood Flooring
  • Fenced Yard
  • 3-minute walk to Ed Glancy Baseball Field

About This Home

As of September 2018

This townhouse is constructed over three levels with suburban feels within the city. Located in a private, quiet, and secure gated community next to Kent Mansion Landmark. A long list of comforts include hardwood flooring, crown molding, vaulted ceilings, and a fireplace in the living area. A feeling of space and light pervades the home with the floor to ceiling windows in the living area. This kitchen is for serious cooking and entertaining with granite kitchen countertops, backsplash, and island. A large master bedroom & bathroom designed for pampering with two basins and jacuzzi. A protective courtyard is a great retreat from the breezes and the summer heat . One car garage and W/D in unit. Access to the private adjacent jogging track which is shared with the University of IIT. Walking distance to Lake Michigan and easily accessible to the essential services of shops, schools and restaurants.

Last Agent to Sell the Property

Giovanni Laverde

Coldwell Banker Realty License #475127376 Listed on: 06/15/2018

Coldwell Banker Realty

Last Buyer's Agent

Arlinda Smith

Redfin Corporation License #475164791

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1996 | 2012

Lot Details

  • Southern Exposure
  • Fenced Yard

HOA Fees

  • $200 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Patio

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
  • $10,700 Seller Concession

Property Details

Home Type

Multi-Family

Year Built | Renovated

1996 | 2012

Lot Details

1,437 Sq Ft Lot

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: G
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Type Attached: T3-Townhouse 3+ Stories, Townhouse-TriLevel
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1996
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X14, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Security System, Ceiling Fan, Sprinkler-Lawn
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X11, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X9, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1620
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 20
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: Yes
  • Assessed Sq Ft: 1620
  • Assessment Association Fees: 200
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 1456 SQ. FT.
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 17273090490000

Multi Family

  • Total Number Unitsin Building: 7
  • Number Stories: 3

Tax Info

  • Taxes: 4689.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Sep 14, 2018
Sold by
Brown Preston and Brown Judith
Bought by
Keys Antonio
Seller's Agent
Giovanni Laverde
Coldwell Banker Realty
Buyer's Agent
Arlinda Smith
Redfin Corporation
List Price
$337,000
Sold Price
$340,000
Premium/Discount to List
$3,000
0.89%
Current Estimated Value
$426,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,050
Avg. Annual Appreciation
3.01%
Original Mortgage
$333,841
Outstanding Balance
$290,491
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$135,559

Purchase Details

Closed on
Apr 6, 2007
Sold by
Palmer David A and Palmer Cora I
Bought by
Brown Preston and Brown Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1997
Sold by
The Chicago Trust Company
Bought by
Palmer David A and Palmer Cora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
7.38%

Purchase Details

Closed on
May 9, 1996
Sold by
The Chicago Trust Company
Bought by
The Chicago Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keys Antonio $340,000 Chicago Title
Brown Preston $319,000 First American Title Ins Co
Palmer David A $200,000 --
The Chicago Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keys Antonio $333,841
Previous Owner Brown Preston $255,200
Previous Owner Palmer David A $189,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $340,000 +0.9% $210 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $337,000 -- $208 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,284 $34,000 $7,935 $26,065
2024 $6,284 $34,000 $7,935 $26,065
2023 $6,103 $33,000 $6,406 $26,594
2022 $6,103 $33,000 $6,406 $26,594
2021 $5,984 $32,999 $6,406 $26,593
2020 $5,364 $27,179 $5,241 $21,938
2019 $5,312 $29,868 $5,241 $24,627
2018 $5,221 $29,868 $5,241 $24,627
2017 $4,851 $25,909 $4,368 $21,541
2016 $4,689 $25,909 $4,368 $21,541
2015 $4,267 $25,909 $4,368 $21,541
2014 $4,580 $27,251 $3,640 $23,611
2013 $4,478 $27,251 $3,640 $23,611
Source: Public Records

Agents Affiliated with this Home

  • Giovanni Laverde

    Seller's Agent in 2018

    Giovanni Laverde

    Coldwell Banker Realty

    (312) 320-5355

    83 Total Sales

    Giovanni Laverde
    Section Image

  • A

    Buyer's Agent in 2018

    Arlinda Smith

    Redfin Corporation

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09986940

Midwest Real Estate Data (MRED)

APN: 17-27-309-049-0000

Illinois Cook County Chicago 60616 Dearborn

2954 S Michigan Ave Unit E, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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