NOT LISTED FOR SALE

3241 W Palmer St Unit 3W Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $513,000 - $576,000

3 Beds
2 Baths
1,400 Sq Ft
$203/mo HOA Fee

Last Sold February 15, 2022

Last sale price $445,000 $318 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,789/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Whirlpool Bathtub
  • 3-minute walk to Maple Park

About This Home

As of February 2022

Welcome to this sun-filled, top floor 3BD/2BA condo in Logan Square. As soon as you walk in the front door, you are greeted by the fantastic open kitchen and living area. Living area features a gas fireplace and huge front deck, with ample space for grilling and entertaining. The kitchen is appointed with stainless steel appliances, granite counters and a large island. Walk down the beautiful arched hall to the primary bedroom where you have three large windows and a spacious walk-in closet. The spa-like ensuite primary bath has a marble dual vanity and large walk-in shower. Second and third bedrooms can fit queen sized beds comfortably and easily access the second full bath, also featuring marble. Gated private exterior parking space included in the price. Hardwood floors throughout, side by side in-unit laundry, gas forced heat and central A/C add to the homes features. Enjoy Logan and Palmer Square's fabulous bars and dining, the 606 trail, and easily accessible Logan Square or California Blue line stop.

Last Agent to Sell the Property

Erin Mandel

@properties Christie's International Real Estate License #475115707 Listed on: 01/14/2022

@properties Christie's International Real Estate

Co-Listed By

Sarah Africk

@properties Christie's International Real Estate License #475197105

Last Buyer's Agent

Jen Romolo

@properties Christie's International Real Estate License #475161354

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,258

Year Built

  • 2010

Lot Details

  • 7,492

HOA Fees

  • $203 per month

Interior Spaces

  • Living Room with Fireplace

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 7 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,258

Year Built

2010

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Co List Office Mls Id: MRD17665
  • Co List Office Phone: (312) 682-8500
  • Directions: Logan South to Kedzie West to Palmer
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2010

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Fireplace Features: Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Dining Room Type: Deck
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Block,Masonite
  • Lot Features: Corner Lot, Landscaped
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Street
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • Sewer: Public Sewer, Sewer-Storm
  • Water Source: Public

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • Association Fee: 203
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Elementary School: Morton Elementary School Career
  • High School: Orr Community Academy High Schoo
  • Junior High Dist: 299
  • Middle Or Junior School: Morton Elementary School Career

Lot Info

  • Special Assessments: N

Rental Info

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

Multi Family

  • Units in Building: 7

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 6474.41
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 18, 2022
Sold by
Connors Michael and Connors Kaitlin Kelly
Bought by
Erlebacher Eric
Seller's Agent
Erin Mandel
@properties Christie's International Real Estate
Buyer's Agent
Jen Romolo
@properties Christie's International Real Estate
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%
Current Estimated Value
$552,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,674
Avg. Annual Appreciation
6.07%
Original Mortgage
$356,000
Outstanding Balance
$284,581
Interest Rate
2.93%
Estimated Equity
$268,093

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 9, 2022
Sold by
Connors Michael and Connors Kaitlin Kelly
Bought by
Erlebacher Eric
Seller's Agent
Erin Mandel
@properties Christie's International Real Estate
Buyer's Agent
Jen Romolo
@properties Christie's International Real Estate
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Outstanding Balance
$284,581
Interest Rate
2.93%
Estimated Equity
$268,093

Purchase Details

Closed on
Jan 28, 2020
Sold by
Connors Michael P and Kelly Kaitlin M
Bought by
Connors Michael and Connors Kaitlin Kelly

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 26, 2018
Sold by
Bersie Paula M
Bought by
Connors Michael P and Kelly Kaitlin M
Seller's Agent
Ken Jungwirth
@properties Christie's International Real Estate
Buyer's Agent
Amanda Kahn
Downtown Realty Company
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$378,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Bersie Jane F
Bought by
Bersie Paula M

Purchase Details

Closed on
Sep 30, 2011
Sold by
Liberty 3241 Palmer Llc
Bought by
Bersie Paula M and Bersie Jane F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Erlebacher Eric $445,000 --
Erlebacher Eric $445,000 --
Connors Michael -- None Available
Connors Michael P $420,000 None Available
Bersie Paula M -- Attorneys Title Guaranty Fun
Bersie Paula M $272,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erlebacher Eric $356,000
Closed Erlebacher Eric $356,000
Previous Owner Connors Michael P $378,000
Previous Owner Bersie Paula M $217,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2022 02/15/22 Sold $445,000 +4.7% $318 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $425,000 +1.2% $304 / Sq Ft
07/03/2018 07/03/18 Sold $420,000 -1.2% $300 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $425,000 0.0% $304 / Sq Ft
10/28/2016 10/28/16 Rented $2,350 0.0% --
10/11/2016 10/11/16 Price Changed $2,350 -6.0% $2 / Sq Ft
10/05/2016 10/05/16 Price Changed $2,500 -3.8% $2 / Sq Ft
09/29/2016 09/29/16 Price Changed $2,600 -1.9% $2 / Sq Ft
09/20/2016 09/20/16 Price Changed $2,650 -1.9% $2 / Sq Ft
09/13/2016 09/13/16 For Rent $2,700 -- --
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 $8,258 $41,670 $3,501 $38,169
2023 $7,343 $39,000 $2,838 $36,162
2022 $7,343 $39,000 $2,838 $36,162
2021 $7,196 $38,999 $2,838 $36,161
2020 $6,474 $32,061 $1,371 $30,690
2019 $7,259 $35,999 $1,371 $34,628
2018 $7,111 $35,999 $1,371 $34,628
2017 $7,423 $34,480 $1,229 $33,251
2016 $6,906 $34,480 $1,229 $33,251
2015 $6,318 $34,480 $1,229 $33,251
2014 $4,930 $26,569 $1,135 $25,434
2013 $4,832 $26,569 $1,135 $25,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11304216

Midwest Real Estate Data (MRED)

APN: 13-35-226-036-1007