NOT LISTED FOR SALE

3851 W Ainslie St Unit G Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $121,000 - $165,009

1 Bed
1 Bath
-- Sq Ft
$162/mo HOA Fee

Last Sold August 05, 2024

Last sale price $120,000

Est. 16% increase in value since last sale

Current estimated payment $1,118/month

36 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Central Air
  • Open Floorplan
  • Storage
  • Dogs and Cats Allowed

About This Home

As of August 2024

INVESTMENT OPPORTUNITY! Come take a look at this fully-leased 1 bedroom, 1 bathroom english garden condo in the heart of Albany Park. Leased through June 30th, 2025, this is an opportunity to take advantage of great rental income. Unit features hardwood flooring, stainless steel appliances, all new mechanicals (including furnace, water heater), and new in-unit laundry. Ample street parking. Pet friendly, and easy to rent! Parking available all over the neighborhood! Also available as part of a portfolio, along with 3849 W. Ainslie #1, 4853 N. Springfield #G, & 4855 N. Springfield #3. Please inquire for more information. Steps to everything Albany Park has to offer, and a short commute to Northeastern Illinois University and North Park University. Short term rentals are allowed here!

Last Agent to Sell the Property

Joe Tyler Gerber

Compass License #475179432 Listed on: 05/11/2024

Compass

Last Buyer's Agent

Afrouz Kameli

HomeSmart Connect LLC License #475183981

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,270

Year Renovated

  • 2007

Lot Details

  • Waterfront

HOA Fees

  • $162 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 19 Units
  • Property Manager Association, Phone Number (773) 856-0707
  • Property managed by City Habitat Property Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,270

Year Renovated

2007

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: G
  • Rehab Year: 2007
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 125000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 162
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: City Habitat Property Management
  • Management Contact Name: Property Manager
  • Management Phone: 773-856-0707
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2270.35
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Jul 27, 2024
Sold by
Duke Investments 3849 Llc
Bought by
S & T Estates Llc
Seller's Agent
Joe Tyler Gerber
Compass
Buyer's Agent
Afrouz Kameli
HomeSmart Connect LLC
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
113
Current Estimated Value
$139,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,752
Avg. Annual Appreciation
16.46%
Original Mortgage
$84,000
Outstanding Balance
$83,123
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$56,629

Purchase Details

Closed on
Sep 7, 2023
Sold by
Duke Investments 3851 Llc
Bought by
Duke Investments 3849 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,450
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2021
Sold by
Springfield Land Trust
Bought by
Duke Investments 3851 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.01%
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
S & T Estates Llc $120,000 None Listed On Document
Duke Investments 3849 Llc -- None Listed On Document
Duke Investments 3851 Llc $75,000 Citywide Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & T Estates Llc $84,000
Previous Owner Duke Investments 3849 Llc $492,450
Previous Owner Duke Investments 3849 Llc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $120,000 -4.0% --
06/14/2024 06/14/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $125,000 -- --
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 $2,329 $11,413 $1,036 $10,377
2023 $2,270 $11,000 $829 $10,171
2022 $2,270 $11,000 $829 $10,171
2021 $2,219 $10,999 $828 $10,171
2020 $1,652 $7,392 $429 $6,963
2019 $1,670 $8,284 $429 $7,855
2018 $2,052 $10,355 $429 $9,926
2017 $1,309 $6,060 $384 $5,676
2016 $1,218 $6,060 $384 $5,676
2015 $1,114 $6,060 $384 $5,676
2014 $1,044 $5,606 $355 $5,251
2013 $1,023 $5,606 $355 $5,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12050275

Midwest Real Estate Data (MRED)

APN: 13-11-323-030-1002