NOT LISTED FOR SALE

3022 W Palmer Square Unit 100 Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $248,000 - $271,000

1 Bed
1 Bath
900 Sq Ft
$293/mo HOA Fee

Last Sold May 19, 2015

Last sale price $108,000 $120 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,098/month

112 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near a bus stop
  • Southern Exposure
  • Wood Flooring
  • Hot Water Heating System
  • 4-minute walk to Palmer Square Park

About This Home

As of May 2015

SELLER OFFERING $3000 CLOSING COST INCENTIVE! LOGAN SQUARE LOCATED IN THE HEART OF BEAUTIFUL PALMER SQUARE AND RIGHT ON THE PARK. VINTAGE BUILDING WITH HARDWOOD FLOORS. LOW ASSESSMENTS INCLUDE HEAT AND WI-FI. FREE LAUNDRY IN BASEMENT, STORAGE,AND BIKE AREA. WELL/SELF MANAGED BUILDING WITH AMPLE RESERVES ($60K+) AND NO SPECIAL ASSESSMENTS PLANNED! TUCK-POINTED IN 2012 AND NEW ROOF IN 2010.

Last Agent to Sell the Property

Glen Tomlinson

Century 21 Cicrle License #471012728 Listed on: 12/03/2014

Century 21 Cicrle

Last Buyer's Agent

Hannah MacDonald

@properties Christie's International Real Estate License #475158503

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,190

Year Built

  • 1923

Lot Details

  • Southern Exposure

HOA Fees

  • $293 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Wood Flooring

Location

  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,190

Year Built

1923

Lot Details

0

HOA Fees

$293 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Historical District
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1923
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1923

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 3
  • Living Room: Dimensions: 15X20, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Equipment: TV-Cable, Intercom
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 8X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level
  • Estimated Sq Ft: 900

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: S (South)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Storage, Park/Playground
  • Assessment Includes: Heat, Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 293
  • Management Contact Name: Self Manager
  • Management Phone: 773-343-2160

Fee Information

  • Management Company: Self Managed

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 145X50
  • Lot Description: Common Grounds
  • Parcel Identification Number: 13361080701001

Multi Family

  • Total Number Unitsin Building: 10
  • Number Stories: 4

Tax Info

  • Taxes: 1491

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2014
Sold by
Samuolis Mark V
Bought by
Dare Chelsea
Total Days on Market
112
Current Estimated Value
$259,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2004
Sold by
Sisson Anne
Bought by
Samoulis Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 2003
Sold by
Slenk Jesse
Bought by
Sisson Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2002
Sold by
Skorupskas Giedrius
Bought by
Slenk Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
6.82%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Jacobson Kirk L and Ritchie Melissa E
Bought by
Skorupskas Giedrius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
9.65%

Purchase Details

Closed on
Mar 1, 1999
Sold by
Chicago Title Land Trust Company
Bought by
Jacobson Kirk L and Ritchie Melissa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.04%
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
Dare Chelsea $108,000 Burnet Title
Samoulis Mark $165,000 Stewart Title Of Illinois
Sisson Anne $156,500 Chicago Title Insurance Comp
Slenk Jesse $121,000 --
Skorupskas Giedrius $85,000 Ticor Title Insurance
Jacobson Kirk L $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dare Chelsea $81,000
Previous Owner Samoulis Mark $132,000
Previous Owner Samuolis Mark V $148,000
Previous Owner Sisson Anne $156,500
Previous Owner Slenk Jesse $114,950
Previous Owner Skorupskas Giedrius $76,500
Previous Owner Jacobson Kirk L $50,000
Closed Samoulis Mark $24,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2015 05/19/15 Sold $108,000 -6.0% $120 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
02/18/2015 02/18/15 Price Changed $114,900 -4.2% $128 / Sq Ft
01/15/2015 01/15/15 Price Changed $119,900 -4.0% $133 / Sq Ft
12/08/2014 12/08/14 Price Changed $124,900 -3.2% $139 / Sq Ft
12/05/2014 12/05/14 Price Changed $129,000 -0.7% $143 / Sq Ft
12/03/2014 12/03/14 For Sale $129,900 -- $144 / 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 $4,190 $22,385 $2,006 $20,379
2023 $4,190 $20,301 $913 $19,388
2022 $4,190 $20,301 $913 $19,388
2021 $4,096 $20,301 $913 $19,388
2020 $3,781 $16,913 $913 $16,000
2019 $3,772 $18,705 $913 $17,792
2018 $3,695 $18,705 $913 $17,792
2017 $3,199 $14,862 $805 $14,057
2016 $2,977 $14,862 $805 $14,057
2015 $2,723 $14,862 $805 $14,057
2014 $1,532 $10,828 $725 $10,103
2013 $1,491 $10,828 $725 $10,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08796504

Midwest Real Estate Data (MRED)

APN: 13-36-108-070-1001