NOT LISTED FOR SALE

3131 W Leland Ave Unit 1 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $189,463 - $217,000

1 Bed
1 Bath
900 Sq Ft
$301/mo HOA Fee

Last Sold May 04, 2022

Last sale price $165,000 $183 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,601/month

11 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to Kedzie Station (Brown Line)
  • Storage
  • Formal Dining Room
  • Resident Manager or Management On Site
  • Laundry in multiple locations

About This Home

As of May 2022

Beautifully rehabbed vintage unit in Ravenswood Manor, unit features: bay windows in spacious living room drenched in natural sunlight, beautiful crown molding, decorative fireplace with built-ins, outstanding floor plan: 1bedroom with separate dining room (could be 2 bedroom) that opens up to beautiful kitchen which has a breakfast bar, washer and dryer in-unit, hardwood floors through-out, separate storage, great location: 1/2 block to brown line, easy street parking, close to the bus stop, expressway, Lincoln Square, grocery stores, shopping, dining, restaurants and more!! Low taxes, fantastic storage, and easy street parking! Building also has additional laundry.

Last Agent to Sell the Property

Lynn Weekley

@properties Christie's International Real Estate License #475112334 Listed on: 02/21/2022

@properties Christie's International Real Estate

Co-Listed By

Leticia Jimenez

@properties Christie's International Real Estate License #471009742

Last Buyer's Agent

Jennifer Johnson

Compass License #475136085

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1928 | Remodeled in 2001

Lot Details

  • 8,451

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, snow removal
  • 12 Units
  • : Jennifer Eaves Association, Phone Number (773) 975-7234
  • Property managed by Kass Management

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets up to 99 lbs
  • Dogs Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,073

Year Built

Built in 1928 | Remodeled in 2001

Lot Details

0

HOA Fees

$301 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: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2001
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2001

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 900
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 900
  • Fireplace Location: Living Room
  • Total Sq Ft: 900
  • Main Level Sq Ft: 900

Exterior Features

  • List Price: 169900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Radiant
  • Laundry Features: In Unit, Common Area, Multiple Locations
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Dogs OK
  • Association Fee: 301
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kass Management
  • Management Contact Name: : Jennifer Eaves
  • Management Phone: 773-975-7234
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 2073
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 7, 2022
Sold by
Reap Kathleen and Reap David A
Bought by
Cousins Kelli K
Seller's Agent
Lynn Weekley
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Johnson
Compass
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Total Days on Market
11
Current Estimated Value
$202,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,116
Avg. Annual Appreciation
6.81%
Original Mortgage
$148,500
Outstanding Balance
$140,978
Interest Rate
4.5%
Mortgage Type
Balloon
Estimated Equity
$61,138

Purchase Details

Closed on
Jan 31, 2006
Sold by
Jackson Catherine
Bought by
Reap Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2002
Sold by
Mccormick Steven M and Mccormick Erin M
Bought by
Jackson Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,200
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2001
Sold by
21St Century Development Llc
Bought by
Mccormick Steven M and Painter Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
7.1%
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
Cousins Kelli K $165,000 Proper Title
Reap Kathleen $199,000 First American Title Ins Co
Jackson Catherine -- Stewart Title
Mccormick Steven M $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cousins Kelli K $148,500
Previous Owner Cousins Kelli K $148,500
Previous Owner Reap Kathleen $159,200
Previous Owner Reap Kathleen $39,800
Previous Owner Jackson Catherine $35,000
Previous Owner Jackson Catherine $120,000
Previous Owner Jackson Catherine $22,200
Previous Owner Jackson Catherine $118,400
Previous Owner Mccormick Steven $124,000
Previous Owner Mccormick Steven M $123,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $165,000 -2.9% $183 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $169,900 0.0% $189 / Sq Ft
05/18/2018 05/18/18 Rented $1,300 0.0% --
05/07/2018 05/07/18 For Rent $1,300 +4.0% --
06/03/2016 06/03/16 Rented $1,250 -3.8% --
05/18/2016 05/18/16 For Rent $1,300 -- --
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 $1,977 $17,013 $2,145 $14,868
2023 $1,977 $13,000 $1,716 $11,284
2022 $1,977 $13,000 $1,716 $11,284
2021 $1,951 $13,000 $1,716 $11,284
2020 $2,073 $12,375 $888 $11,487
2019 $2,104 $13,869 $888 $12,981
2018 $2,068 $13,869 $888 $12,981
2017 $1,357 $9,656 $796 $8,860
2016 $1,439 $9,656 $796 $8,860
2015 $1,293 $9,656 $796 $8,860
2014 $1,667 $11,519 $735 $10,784
2013 $1,623 $11,519 $735 $10,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11329235

Midwest Real Estate Data (MRED)

APN: 13-13-107-033-1001