NOT LISTED FOR SALE

3131 W Logan Blvd Unit 2B Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $467,000 - $509,000

2 Beds
2 Baths
-- Sq Ft
$248/mo HOA Fee

Last Sold March 11, 2022

Last sale price $443,108

Est. 8% increase in value since last sale

Current estimated payment $3,480/month

4 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Logan Square Station
  • Whirlpool Bathtub
  • Wood Flooring
  • Main Floor Bedroom
  • 1-minute walk to Logan Square Park

About This Home

As of March 2022

Enjoy a massive, private walk out terrace in a boutique elevator building in the heart of Logan Square. Incredible natural light with southern exposure in this super cute, move-in ready, 2 bed, 2 bath condo. Open kitchen features 42" flat panel cherry cabinets with stainless steel appliances, granite countertops, backsplash and oversized breakfast peninsula. Spacious primary bedroom offers walk in closet and sumptuous en-suite bath featuring jetted tub, separate walk-in shower and double bowl vanity. Gas fireplace in living room. In-unit washer/dryer. Complete the picture with one of the largest private outdoor spaces you'll find in the city, offering a nearly 1,000 square foot private terrace that rolls off your entire unit with access from the living room and both bedrooms. Indoor garage parking with additional storage included. Low assessment building. Unbeatable location directly across from the Square in Logan, just steps to restaurants, bars, shops, Logan Square farmer's market and the Blue Line.

Last Agent to Sell the Property

Scott Stavish

@properties Christie's International Real Estate License #475125051 Listed on: 01/19/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Alanna O'Connor

Coldwell Banker Realty License #475165093

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 2005

Lot Details

  • 7,492

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • No Interior Steps

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Stamped Concrete Patio
  • Terrace

Schools

  • Darwin Elementary School
  • Clemente Community Academy Senio High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Aleah Wren Association
  • Property managed by Connected Management
  • 5-Story Property

Amenities

  • Sundeck
  • Common Area
  • Elevator
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,492

Year Built

Built in 2005

Lot Details

0

HOA Fees

$248 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train
  • 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: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Other Equipment: TV-Cable, Intercom, Ceiling Fan(s)
  • Room Type: Terrace, Foyer, Walk In Closet
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Primary Bedroom Bath: Full
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar,Island
  • Second Bedroom Flooring: Carpet
  • Second Bedroom Window Treatments: Curtains/Drapes
  • Living Room Flooring: Hardwood
  • Living Room Window Treatments: Curtains/Drapes
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Window Treatments: Curtains/Drapes

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Roof Deck, Stamped Concrete Patio, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 425000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, In Bathroom
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 248
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Park, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Connected Management
  • Management Contact Name: Aleah Wren
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5492.06
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 16, 2022
Sold by
Chin Jeffrey
Bought by
Gibbons Penelope
Seller's Agent
Scott Stavish
@properties Christie's International Real Estate
Buyer's Agent
Alanna O'Connor
Coldwell Banker Realty
List Price
$425,000
Sold Price
$443,108
Premium/Discount to List
$18,108
4.26%
Current Estimated Value
$480,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,621
Avg. Annual Appreciation
1.85%
Original Mortgage
$398,797
Outstanding Balance
$325,129
Interest Rate
3.09%
Estimated Equity
$146,780

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 9, 2022
Sold by
Chin Jeffrey
Bought by
Gibbons Penelope
Seller's Agent
Scott Stavish
@properties Christie's International Real Estate
Buyer's Agent
Alanna O'Connor
Coldwell Banker Realty
List Price
$425,000
Sold Price
$443,108
Premium/Discount to List
$18,108
4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,797
Outstanding Balance
$325,129
Interest Rate
3.09%
Estimated Equity
$146,780

Purchase Details

Listed on
Sep 8, 2016
Closed on
Dec 22, 2016
Sold by
Banda Srinivas R
Bought by
Chin Jeffrey
Seller's Agent
Steve Meyer
Compass
Buyer's Agent
Renee Leung
Redfin Corporation
List Price
$349,000
Sold Price
$334,500
Premium/Discount to List
-$14,500
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$196,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2008
Sold by
Dharma Arpita
Bought by
Banda Srinivas R

Purchase Details

Closed on
Dec 28, 2005
Sold by
3131 West Logan Llc
Bought by
Banda Srinivas Reddy and Dharma Arpita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Gibbons Penelope $443,500 --
Gibbons Penelope $443,500 --
Chin Jeffrey $334,500 Stewart Title
Banda Srinivas R $30,000 None Available
Banda Srinivas Reddy $326,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Penelope $398,797
Closed Gibbons Penelope $398,797
Previous Owner Chin Jeffrey $196,000
Previous Owner Banda Srinivas Reddy $264,000
Previous Owner Banda Srinivas Reddy $33,000
Previous Owner Banda Srinivas Reddy $32,400
Previous Owner Banda Srinivas Reddy $259,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $443,108 +4.3% --
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $425,000 0.0% --
10/26/2020 10/26/20 Rented $2,100 0.0% --
10/23/2020 10/23/20 For Rent $2,100 0.0% --
12/29/2016 12/29/16 Sold $334,500 -3.0% $279 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $345,000 -1.1% $288 / Sq Ft
09/08/2016 09/08/16 For Sale $349,000 -- $291 / 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 $7,197 $40,015 $2,653 $37,362
2023 $6,309 $33,991 $1,220 $32,771
2022 $6,309 $33,991 $1,220 $32,771
2021 $6,186 $33,990 $1,219 $32,771
2020 $5,492 $27,667 $1,219 $26,448
2019 $5,478 $30,595 $1,219 $29,376
2018 $5,365 $30,595 $1,219 $29,376
2017 $5,744 $30,058 $1,069 $28,989
2016 $5,520 $30,058 $1,069 $28,989
2015 $5,027 $30,058 $1,069 $28,989
2014 $3,966 $23,946 $866 $23,080
2013 $3,877 $23,946 $866 $23,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11301674

Midwest Real Estate Data (MRED)

APN: 13-25-314-054-1002