NOT LISTED FOR SALE

3224 W Palmer St Unit 2E Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $556,176

2 Beds
2 Baths
1,470 Sq Ft
$120/mo HOA Fee

Last Sold March 15, 2024

Last sale price $540,000 $367 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,875/month

3 Days on Market

Highlights

  • Rooftop Deck
  • Steam Shower
  • Balcony
  • Heated Floors
  • Stainless Steel Appliances
  • 1 Car Detached Garage

About This Home

As of March 2024

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DEADLINE IS MONDAY, 2/26 AT 6:30 PM CT. Contemporary, turn-key 2bed/2bath condo just steps from Palmer Square! This boutique, newer construction build features an extra-wide layout with 3 (yes, 3!) outdoor spaces. White kitchen with Shaker cabinets, quartz counters, SS appliances and organized pantry offers all the size you need. Room for a large dining table between kitchen & living room. Large windows & natural light fill the front of this home, which opens to a lovely front balcony overlooking Palmer Square. Walnut floors throughout, solid core 8' doors, and Primary bedroom w/ organized walk-in closet and a generously sized en-suite with heated floors, steam shower & linen storage. Another large balcony off the back of the unit great for grilling, and to top it off, a huge, shared garage roof deck with a custom built-in couch - perfect for entertaining! 1 garage parking space & storage closet included. There is truly nothing to do but move in! Walk to The 606, Armitage restaurants, Fullerton conveniences and all that Logan Square has to offer.

Last Agent to Sell the Property

Elizabeth Jones

Keller Williams ONEChicago License #475171277 Listed on: 02/22/2024

Co-Listed By

Andrew Hasdal

Keller Williams ONEChicago License #475138872

Last Buyer's Agent

Amanda McMillan

@properties Christie's International Real Estate License #475132877

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,255

Year Built

  • Built in 2016

Lot Details

  • 7,231

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,470 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Darwin Elementary School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 6 Units
  • Self Managed Association
  • Property managed by Self-Managed

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,255

Year Built

Built in 2016

Lot Details

0

HOA Fees

$120 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: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,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: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1470
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 120
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Self-Managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Darwin Elementary School
  • Middle/Junior School: Darwin Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8255.15
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 12, 2024
Sold by
Olson Spencer and Olson Kristal
Bought by
Detorre Michael I and Westrick Amy E
Seller's Agent
Elizabeth Jones
Keller Williams ONEChicago
Buyer's Agent
Amanda McMillan
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Total Days on Market
3
Views
33
Current Estimated Value
$556,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,176
Avg. Annual Appreciation
1.41%
Original Mortgage
$459,000
Outstanding Balance
$453,686
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$95,863

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 1, 2020
Sold by
Vandyke Kathleen and Wendel Matt
Bought by
Olson Spencer and Petrovich Kristal
Seller's Agent
John Huebner
@properties Christie's International Real Estate
Buyer's Agent
Elizabeth Jones
Keller Williams ONEChicago
List Price
$489,000
Sold Price
$493,000
Premium/Discount to List
$4,000
0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$369,750
Interest Rate
2.62%
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
Detorre Michael I $540,000 Elevation Title
Olson Spencer $493,000 Proper Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detorre Michael I $459,000
Previous Owner Olson Spencer $369,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $540,000 +2.9% $367 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $525,000 +6.5% $357 / Sq Ft
09/08/2020 09/08/20 Sold $493,000 +0.8% $335 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $489,000 +14.0% $333 / Sq Ft
06/24/2016 06/24/16 Sold $429,000 0.0% --
02/25/2016 02/25/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $429,000 -- --
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 $7,768 $55,225 $3,600 $51,625
2023 $7,549 $40,000 $2,919 $37,081
2022 $7,549 $40,000 $2,919 $37,081
2021 $8,070 $39,999 $2,919 $37,080
2020 $7,514 $36,711 $1,410 $35,301
2019 $7,620 $41,219 $1,410 $39,809
2018 $7,464 $41,219 $1,410 $39,809
2017 $9,237 $42,911 $1,265 $41,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11924694

Midwest Real Estate Data (MRED)

APN: 13-35-217-031-1003