$110,000
SOLD APR 11, 2025

3057 N Narragansett Ave Unit 1 Chicago, IL 60634

Belmont Central Neighborhood
2 Beds
1 Bath
950 Sq Ft
$375/mo HOA Fee

Recently Sold

$116 Per Sq Ft

21% Below List Price

20 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Heating System Uses Steam

About This Home

As of April 2025

Minimum 20% down investor special. Building is over 80% tenant occupied. MOTIVATED SELLER. Welcome to this charming 2 bedroom 1 bath condo that is ready for its new owner! The unit has updated kitchens, bathrooms, luxury vinyl plank flooring and great closet space! This building has assigned parking space, coin operated laundry, and so much more!

Last Agent to Sell the Property

Kenneth Hoffman

Hoffman Realtors LLC License #471021471 Listed on: 02/18/2025

Co-Listed By

Gustave Olofsson

Hoffman Realtors LLC License #475210972

Last Buyer's Agent

George Michael

Chicago Northwest Realty LLC License #471006499

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1969 | Remodeled in 2012

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Heating System Uses Steam
  • Individual Controls for Heating

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 9 Units
  • Branko Djordjevic Association, Phone Number (773) 678-6873
  • Property managed by NARRAGANSETT CONDO ASSN

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,625

Year Built

Built in 1969 | Remodeled in 2012

Lot Details

0

HOA Fees

$375 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: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2012

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • LivingArea: 950
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Brick
  • List Price: 140000
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley, Off Street, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Steam, Indv Controls, Radiant Floor
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 375
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NARRAGANSETT CONDO ASSN
  • Management Contact Name: BRANKO DJORDJEVIC
  • Management Phone: 773-678-6873
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1625
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Mar 22, 2025
Sold by
Lacey Nyla Lena
Bought by
Dorothy Michael Special Needs Trust
Seller's Agent
Kenneth Hoffman
Hoffman Realtors LLC
Buyer's Agent
George Michael
Chicago Northwest Realty LLC
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%
Views
149
Current Estimated Value
$134,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,610
Avg. Annual Appreciation
117.39%

Purchase Details

Closed on
Oct 12, 2024
Sold by
Lacey Shelita D
Bought by
Lacey Nyla Lena

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 13, 2019
Sold by
Lopez Cesar D and Lopez Elizabeth
Bought by
Lacey Sheila D
Seller's Agent
Fevin Reyes
RE/MAX Vision 212
Buyer's Agent
Tracy Palmer
EXIT Strategy Realty
List Price
$104,900
Sold Price
$109,000
Premium/Discount to List
$4,100
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
May 26, 2015
Sold by
Fannie Mae
Bought by
Lopez Cesar D

Purchase Details

Closed on
Jan 7, 2014
Sold by
Rodriguez Melissa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2006
Sold by
E & D Development Llc
Bought by
Rodriguez Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.54%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $110,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $109,000 Chicago Title Company
Special Warranty Deed $67,000 Central Illinois Title Co
Sheriffs Deed -- Attorneys Title Guaranty Fun
Warranty Deed $156,000 Marquis
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $124,500 Unknown
Previous Owner $24,500 Unknown
Previous Owner $124,800 Fannie Mae Freddie Mac
Previous Owner $23,400 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $110,000 -21.4% $116 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $140,000 0.0% $147 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/19/2025 02/19/25 Price Changed $140,000 -9.6% $147 / Sq Ft
02/18/2025 02/18/25 For Sale $154,900 +42.1% $163 / Sq Ft
04/16/2019 04/16/19 Sold $109,000 +3.9% $115 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $104,900 -- $110 / 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 $1,693 $13,933 $2,505 $11,428
2023 $1,625 $12,000 $2,020 $9,980
2022 $1,625 $12,000 $2,020 $9,980
2021 $1,610 $11,999 $2,020 $9,979
2020 $1,443 $10,196 $1,010 $9,186
2019 $1,615 $11,463 $1,010 $10,453
2018 $1,587 $11,463 $1,010 $10,453
2017 $887 $7,493 $888 $6,605
2016 $1,001 $7,493 $888 $6,605
2015 $893 $7,493 $888 $6,605
2014 $1,161 $8,822 $848 $7,974
2013 $1,127 $8,822 $848 $7,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12292843

Midwest Real Estate Data (MRED)

APN: 13-29-108-029-1001