NOT LISTED FOR SALE

3201 W Leland Ave Unit 502 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $290,000 - $432,000

2 Beds
2 Baths
1,230 Sq Ft
$501/mo HOA Fee

Last Sold April 26, 2024

Last sale price $405,000 $329 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,574/month

6 Days on Market

Highlights

  • Open Floorplan
  • 1-minute walk to Kedzie Station (Brown Line)
  • Wood Flooring
  • Lock-and-Leave Community
  • Deck
  • Granite Countertops

About This Home

As of April 2024

First time on the market! 2016 owners spared no expense in crafting this exquisite home. Discover the pinnacle of penthouse living in East Albany Park as you step onto the expansive 350+ square foot private terrace, immersing yourself in spectacular panoramic views of the Chicago Skyline. This modern 2bed/2bath split floor plan is a rare offering in Leland Crossing, a contemporary boutique elevator building. Captivating floor-to-ceiling windows showcase stunning city views, complemented by elegant wide panel engineered hardwood flooring and 10-foot industrial ceilings. A spacious, modern, open-concept kitchen features custom cabinetry, under-mount lighting, beautiful Kashmir white granite countertops, a generous breakfast bar and sleek stainless steel appliances. The primary ensuite is a haven of relaxation with access to sweeping balcony views, a walk-in shower and a separate jetted tub. The second bedroom has floor-to-ceiling windows offering superb southeast city views. Solid concrete construction and high-performing double-pane windows ensure a tranquil home environment. A New Lennox HVAC System was installed in 2021. Additional features include eco-bee smart thermostat, laundry room, kitchen pantry and wink security system. Elevator building amenities include a secure bike room, package receiving room and a gated dog run. The modern and well-managed building has a security camera system and a Butterfly MX video intercom that connects directly to your smartphone. This unique residence includes an ATTACHED DEEDED GARAGE SPACE and a large storage room. Ideally located just steps away from the Kedzie Brown Line, providing quick access to downtown Chicago in just 20 minutes. The Khepri Cafe is conveniently located on the first floor of the building for your morning coffee. With an eclectic array of neighborhood dining and retail options and a scenic walk over the North Branch of the Chicago River to Lincoln Square, Leland Crossing offers the best in what a Chicago neighborhood has to offer. Additional neighborhood amenities include Swedish Covenant Hospital, River Park, NEIU and North Park University. Thank you for your service, this building is approved for VA financing.

Last Agent to Sell the Property

Lisa Asher Santillan

Jameson Sotheby's Intl Realty License #475161014 Listed on: 03/20/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Kimberly Bowman

Berkshire Hathaway HomeServices Chicago License #475164808

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,504

Year Built

  • Built in 2010

Lot Details

  • Additional Parcels

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Combination Foundation
  • Flexicore

Interior Spaces

  • 1,230 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Outdoor Features

  • Deck
  • Stamped Concrete Patio
  • Terrace

Schools

  • Hibbard Elementary School
  • Von Steuben Metro Science Senior High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 45 Units
  • Alanna Serra Association, Phone Number (312) 275-5750
  • Mid-Rise Condominium
  • Penthouse
  • Property managed by ProInvest
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,504

Year Built

Built in 2010

Lot Details

0

HOA Fees

$501 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 2010
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • 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), Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Flexicore, Ceiling - 10 Foot, Open Floorplan, Drapes/Blinds, Granite Counters, Pantry
  • LivingArea: 1230
  • Room Type: Foyer, Terrace
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Stamped Concrete Patio, Door Monitored By TV
  • List Price: 415000
  • Waterfront: No
  • Exterior Building Type: Combination

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt,Off Alley
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 501
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Receiving Room, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: ProInvest
  • Management Contact Name: Alanna Serra
  • Management Phone: 312-275-5750
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Hibbard Elementary School
  • High School: Von Steuben Metro Science Senior
  • Middle/Junior School District: 299
  • Elementary School #2: Albany Park Multicultural Elementary School

Lot Info

  • Additional Parcels Description: 13142070401080
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: U

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: 6504.2
  • Tax Year: 2022

Multi Family

  • Units in Building: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 25, 2024
Sold by
Santhosh Arun and Soman Elma
Bought by
Salamah Hanadi
Seller's Agent
Lisa Asher Santillan
Jameson Sotheby's Intl Realty
Buyer's Agent
Kimberly Bowman
Berkshire Hathaway HomeServices Chicago
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Total Days on Market
6
Views
38
Current Estimated Value
$366,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,985
Avg. Annual Appreciation
-8.79%
Original Mortgage
$202,500
Outstanding Balance
$200,470
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$165,545

Purchase Details

Listed on
Jul 6, 2015
Closed on
Jun 9, 2016
Sold by
4650 Kedzie Building Corp
Bought by
Santhosh Arun and Soman Elma
Seller's Agent
Jon Millikin
Jameson Sotheby's Int'l Realty
Buyer's Agent
Peter Moore
Baird & Warner
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$2,964,000
Interest Rate
3.66%
Mortgage Type
New Conventional
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
Salamah Hanadi $405,000 Chicago Title Insurance Compan
Santhosh Arun $330,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salamah Hanadi $202,500
Previous Owner Santhosh Arun $2,964,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $405,000 -2.4% $329 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $415,000 +25.8% $337 / Sq Ft
06/10/2016 06/10/16 Sold $330,000 -2.9% $275 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
07/06/2015 07/06/15 For Sale $339,900 -- $283 / 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 $217 $1,596 $80 $1,516
2023 $217 $1,000 $64 $936
2022 $217 $1,000 $64 $936
2021 $212 $999 $63 $936
2020 $266 $1,132 $32 $1,100
2019 $269 $1,269 $32 $1,237
2018 $264 $1,269 $32 $1,237
2017 $269 $1,184 $29 $1,155
2016 $128 $606 $29 $577
2015 $32 $164 $29 $135
2014 $24 $123 $26 $97
2013 $30 $157 $26 $131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12008758

Midwest Real Estate Data (MRED)

APN: 13-14-207-040-1080