NOT LISTED FOR SALE

3022 W Palmer Square Unit 102 Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $462,000 - $494,131

2 Beds
2 Baths
1,500 Sq Ft
$603/mo HOA Fee

Last Sold March 24, 2023

Last sale price $445,000 $297 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,735/month

Highlights

  • Penthouse
  • Wood Flooring
  • Formal Dining Room
  • Deck
  • Den
  • 4-minute walk to Palmer Square Park

About This Home

As of March 2023

Sold before print.

Last Agent to Sell the Property

Brian Moon

Keller Williams ONEChicago License #475135466 Listed on: 02/14/2023

Keller Williams ONEChicago

Last Buyer's Agent

Lyn Flannery

@properties Christie's International Real Estate License #475109116

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1923

Lot Details

  • 4,356

HOA Fees

  • $603 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 4-Story Property
  • Historic or Period Millwork
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage
  • Gas Dryer Hookup
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Darwin Elementary School
  • Clemente Community Academy Senio High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, scavenger
  • 10 Units
  • Property managed by Self-Managed

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,008

Year Built

Built in 1923

Lot Details

0

HOA Fees

$603 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage, Historic/Period Mlwk
  • LivingArea: 1500
  • Room Type: Deck, Den
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 450000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Steam, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 603
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Scavenger

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 6008.47
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 16, 2023
Sold by
Beach Johanna
Bought by
Shelton John Rodgers and Shelton Nicole Alicia
Seller's Agent
Brian Moon
Keller Williams ONEChicago
Buyer's Agent
Lyn Flannery
@properties Christie's International Real Estate
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$474,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,283
Avg. Annual Appreciation
3.11%
Original Mortgage
$356,000
Outstanding Balance
$347,613
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$128,292

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 10, 2021
Sold by
Apostol Louis G and Estate Of Karen Reamon
Bought by
Beach Johanna
Seller's Agent
Julie Anne
eXp Realty, LLC
Buyer's Agent
Brian Moon
Keller Williams ONEChicago
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.30%

Purchase Details

Closed on
Aug 12, 1997
Sold by
The Chicago Trust Company
Bought by
Reamon Karen Kankelborg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.71%
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
Shelton John Rodgers $445,000 None Listed On Document
Beach Johanna $325,000 First American Title
Reamon Karen Kankelborg $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton John Rodgers $356,000
Previous Owner Reamon Karen Kankelborg $108,500
Previous Owner Kankelborg Reamon Karen J Kankelborg $104,000
Previous Owner Reamon Karen Kankelborg $108,000
Closed Reamon Karen Kankelborg $10,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $445,000 -1.1% $297 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $450,000 +38.5% $300 / Sq Ft
07/12/2021 07/12/21 Sold $325,000 +8.4% $217 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $299,900 -- $200 / 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 $7,384 $39,194 $3,512 $35,682
2023 $7,384 $35,777 $1,599 $34,178
2022 $7,384 $35,777 $1,599 $34,178
2021 $6,008 $35,776 $1,599 $34,177
2020 $5,372 $29,614 $1,599 $28,015
2019 $5,359 $32,752 $1,599 $31,153
2018 $5,248 $32,752 $1,599 $31,153
2017 $3,633 $22,951 $1,410 $21,541
2016 $3,739 $22,951 $1,410 $21,541
2015 $3,382 $22,951 $1,410 $21,541
2014 $2,701 $18,959 $1,269 $17,690
2013 $2,628 $18,959 $1,269 $17,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11744636

Midwest Real Estate Data (MRED)

APN: 13-36-108-070-1003