NOT LISTED FOR SALE

3041 S Shields Ave Unit 402 Chicago, IL 60616

Armour Square Neighborhood

Estimated Value: $326,696 - $338,000

2 Beds
2 Baths
1,250 Sq Ft
$228/mo HOA Fee

Last Sold April 06, 2018

Last sale price $270,000 $216 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,564/month

137 Days on Market

Highlights

  • Spa
  • Deck
  • Stainless Steel Appliances
  • Landscaped Professionally
  • Corner Lot
  • Balcony

About This Home

As of April 2018

Modern 2-bedrm 2-bathrm unit in a Deluxe Condo building w/ elevator. Spacious open floor layouts w/ fireplace, wood floor, high ceilings, ceiling fans & large windows. Upscale 42" kitchen cabinets, granite counter top & back splash, s/s appliances, breakfast bar. Private newly decked balcony. Large master bedrm w/ spacious walk in closet. Master bath has double vanities, Jacuzzi tub, shower. In-unit laundry. Walk-in storage room. Well appointed throughout. Heated garage. Association fess for building security, water, outside maintenance, garbage collection, etc. Walk to White Sox Cellular Field & Armour Park, Red and Green Lines, easy access to I-94 and Lakeshore Dr. So close to downtown but w/o the hassle & traffic! Enjoy seeing Sox fireworks from your windows! Walk to IIT. Minutes-driving or train ride to UC and UIC. Easy access to other train lines, bus lines, highways, & downtown, but in a safe residential area near shopping, groceris, etc. Perfect for living or investment!

Last Agent to Sell the Property

Daniel Nierman

4 Sale Realty Advantage License #471018942 Listed on: 10/04/2017

Last Buyer's Agent

Christopher Lau

Top Realty, Inc License #471013638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,329

Year Built

  • 2006

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $228 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Slab Foundation

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,329

Year Built

2006

Lot Details

0

HOA Fees

$228 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 4
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2006
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 2006

Interior Features

  • Interior Property Features: Elevator
  • Number Of Rooms: 5
  • Living Room: Dimensions: 27X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X16, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1250
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete, Stone
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck, Hot Tub
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 00
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance
  • Assessment Association Fees: 228
  • Management Contact Name: Fran Ferro
  • Management Phone: 312-287-0107

Fee Information

  • Management Company: 3041 S Shields Association

Schools

  • School District: 299
  • High School: PHILLIPS ACADEMY HIGH SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner, Landscaped Professionally
  • Parcel Identification Number: 17284340431012

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 6

Tax Info

  • Taxes: 5012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Apr 4, 2018
Sold by
Fu Gongkang
Bought by
Szeto Borton and Liang Charlene C
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Christopher Lau
Top Realty, Inc
List Price
$314,900
Sold Price
$270,000
Premium/Discount to List
-$44,900
-14.26%
Current Estimated Value
$332,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,674
Avg. Annual Appreciation
3.21%
Original Mortgage
$216,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Mossman Janet
Bought by
Fu Gongkang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,150
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
31St & Shields Inc
Bought by
Vitek Michael N and Mossman Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.85%
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
Szeto Borton $270,000 Attorney
Fu Gongkang $233,500 Cti
Vitek Michael N $295,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szeto Borton $209,032
Closed Szeto Borton $216,000
Previous Owner Fu Gongkang $130,000
Previous Owner Fu Gongkang $210,150
Previous Owner Vitek Michael N $70,000
Previous Owner Vitek Michael N $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $270,000 -4.9% $216 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $284,000 -1.7% $227 / Sq Ft
12/14/2017 12/14/17 Price Changed $289,000 -1.4% $231 / Sq Ft
12/08/2017 12/08/17 Price Changed $293,000 -2.0% $234 / Sq Ft
11/27/2017 11/27/17 Price Changed $298,900 -0.7% $239 / Sq Ft
11/03/2017 11/03/17 Price Changed $300,900 -1.0% $241 / Sq Ft
10/27/2017 10/27/17 Price Changed $303,900 -0.7% $243 / Sq Ft
10/20/2017 10/20/17 Price Changed $305,900 -1.0% $245 / Sq Ft
10/13/2017 10/13/17 Price Changed $308,900 -0.3% $247 / Sq Ft
10/06/2017 10/06/17 Price Changed $309,900 -1.6% $248 / Sq Ft
10/04/2017 10/04/17 For Sale $314,900 -- $252 / 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 $6,329 $33,899 $3,141 $30,758
2023 $6,170 $30,000 $2,721 $27,279
2022 $6,170 $30,000 $2,721 $27,279
2021 $6,032 $29,998 $2,720 $27,278
2020 $5,479 $24,594 $2,535 $22,059
2019 $5,843 $29,080 $2,535 $26,545
2018 $5,066 $29,080 $2,535 $26,545
2017 $5,198 $27,523 $2,017 $25,506
2016 $5,012 $27,523 $2,017 $25,506
2015 $5,043 $27,523 $2,017 $25,506
2014 $4,682 $25,237 $2,449 $22,788
2013 $4,590 $25,237 $2,449 $22,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09769349

Midwest Real Estate Data (MRED)

APN: 17-28-434-043-1012