NOT LISTED FOR SALE

3340 W Potomac Ave Unit 1 Chicago, IL 60651

Humboldt Park Neighborhood

Estimated Value: $100,000 - $144,617

1 Bed
1 Bath
560 Sq Ft
$126/mo HOA Fee

Last Sold March 01, 2019

Last sale price $71,500 $128 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $876/month

22 Days on Market

About This Home

As of March 2019

Entry level 1 bedroom, street level. Condo building, fully rehabbed in 2006. Happening Humboldt Park is 2 blocks away. Italian Kitchen cabinets and ceramic floors. Better value than rent. Currently rented for $750 on a MTM lease. Possession at closing. At a 10% cap very viable for investors.

Last Agent to Sell the Property

Imad Shehade

Kale Realty License #475109499 Listed on: 01/16/2019

Last Buyer's Agent

Sebastian Hernandez

Baird & Warner License #471018054

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,178

Year Built | Renovated

  • 2006 | 2006

Lot Details

  • 3,093

HOA Fees

  • $126 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Additional Features

  • Whirlpool Bathtub
  • Southern Exposure
  • Radiator

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,178

Year Built | Renovated

2006 | 2006

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: G
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2006
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2006
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2006
  • Year Renovated: 2006

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 1
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 560

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Exposure: S (South)

Utilities

  • Electricity: Circuit Breakers
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
  • Assessment Includes: Heat, Water
  • Assessment Association Fees: 126

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 16022220501001

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 4

Tax Info

  • Taxes: 1008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 26, 2019
Sold by
3340 W Potomac Llc
Bought by
Andrade Maria Del Carmen
Seller's Agent
Imad Shehade
Kale Realty
Buyer's Agent
Sebastian Hernandez
Baird & Warner
List Price
$75,000
Sold Price
$71,500
Premium/Discount to List
-$3,500
-4.67%
Current Estimated Value
$119,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,109
Avg. Annual Appreciation
7.66%
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
Andrade Maria Del Carmen $71,500 Citywide Title Corporation
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $71,500 -4.7% $128 / Sq Ft
01/16/2019 01/16/19 For Sale $75,000 -- $134 / 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 $1,178 $7,828 $514 $7,314
2023 $1,145 $5,569 $480 $5,089
2022 $1,145 $5,569 $480 $5,089
2021 $1,119 $5,567 $479 $5,088
2020 $914 $4,103 $479 $3,624
2019 $930 $4,630 $479 $4,151
2018 $915 $4,630 $479 $4,151
2017 $1,041 $4,835 $428 $4,407
2016 $968 $4,835 $428 $4,407
2015 $886 $4,835 $428 $4,407
2014 $1,381 $7,442 $411 $7,031
2013 $1,353 $7,442 $411 $7,031
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2019

    Imad Shehade

    Kale Realty

    (773) 456-6900

    Section Image
  • Sebastian Hernandez

    Buyer's Agent in 2019

    Sebastian Hernandez

    Baird & Warner

    (773) 354-7780

    16 in this area

    133 Total Sales

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10250528

Midwest Real Estate Data (MRED)

APN: 16-02-222-050-1001

Illinois Cook County Chicago 60651 Humboldt Park

3340 W Potomac Ave Unit 1, Chicago, IL

This home is located at 3340 W Potomac Ave Unit 1, Chicago, IL 60651 since 16 January 2019 and is currently estimated at $122,154, approximately $218 per square foot. This property was built in 2006. 3340 W Potomac Ave Unit 1 is a home located in Cook County with nearby schools including James Russell Lowell Elementary School, Orr Academy High School, and Maternity of the Blessed Virgin Mary Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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