Seller's Agent in 2021
Nick Powers
Baird Warner
(312) 286-8723
5 in this area
85 Total Sales
40 E Cedar St, Unit 16B Chicago, IL 60611
Gold Coast NeighborhoodEstimated Value: $238,000 - $301,000
1
Bed
1
Bath
875
Sq Ft
$727/mo
HOA Fee
Highlights
- Wood Flooring
- Balcony
- Forced Air Heating and Cooling System
- Lincoln Park High School Rated A
- Attached Garage
- 2-minute walk to Mariano (Louis) Park
About This Home
As of May 2021Spacious unit with open floor plan and balcony on tree lined residential street in prime Gold Coast location. Desirable south exposure, updated kitchen and bath, large bedroom with huge walk in close, dining room area and space for a home office. Fresh neutral decor throughout the unit. Monthly assessment includes heat, air conditioning, and cable tv. Building has door staff, maintenance, exercise room, sundeck, and an on-site manager. Building has rental garage ($258 per month) parking available and outdoor parking ($201) per month) also available. Vacant and easy to show!
Property Details
Home Type
- Condominium
Year Built
- 1970
Lot Details
- 0.29
HOA Fees
- $727 per month
Parking
- Attached Garage
- Parking Available
Home Design
- Brick Exterior Construction
- Concrete Siding
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Wood Flooring
- Southern Exposure
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2021
Closed on
May 11, 2021
Sold by
Coleman Gregory J
Bought by
Handa Nicole
Seller's Agent
Nick Powers
Baird & Warner
Buyer's Agent
Victoria Jones
Compass
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,562
Avg. Annual Appreciation
2.89%
Original Mortgage
$184,000
Outstanding Balance
$165,737
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$96,825
Purchase Details
Closed on
Apr 15, 1999
Sold by
Reese Andrew T and Zimmerman Colleen Jean
Bought by
Coleman Gregory J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,125
Interest Rate
7.17%
Purchase Details
Closed on
Sep 5, 1996
Sold by
White Andrea E
Bought by
Reese Andrew T and Zimmerman Colleen Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
7.25%
Purchase Details
Closed on
Oct 25, 1993
Sold by
White Andrea R and Freiheit Michael
Bought by
White Andrea R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Handa Nicole | $230,000 | Attorney | |
| Coleman Gregory J | $147,500 | -- | |
| Reese Andrew T | $91,000 | Lawyers Title Insurance Co | |
| White Andrea R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Handa Nicole | $184,000 | |
| Previous Owner | Coleman Gregory J | $140,125 | |
| Previous Owner | Reese Andrew T | $81,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/25/2021 05/25/21 | Sold | $230,000 | -2.1% | $263 / Sq Ft |
| 03/05/2021 03/05/21 | Pending | -- | -- | -- |
| 02/14/2021 02/14/21 | For Sale | $235,000 | -- | $269 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,220 | $22,568 | $3,921 | $18,647 |
| 2024 | $4,220 | $22,568 | $3,921 | $18,647 |
| 2023 | $4,113 | $20,000 | $3,184 | $16,816 |
| 2022 | $4,113 | $20,000 | $3,184 | $16,816 |
| 2021 | $3,352 | $19,999 | $3,183 | $16,816 |
| 2020 | $3,359 | $18,182 | $2,209 | $15,973 |
| 2019 | $3,275 | $19,730 | $2,209 | $17,521 |
| 2018 | $3,219 | $19,730 | $2,209 | $17,521 |
| 2017 | $3,137 | $17,949 | $1,767 | $16,182 |
| 2016 | $3,095 | $17,949 | $1,767 | $16,182 |
| 2015 | $2,808 | $17,949 | $1,767 | $16,182 |
| 2014 | $2,683 | $17,029 | $1,420 | $15,609 |
| 2013 | $2,619 | $17,029 | $1,420 | $15,609 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Powers
-
Victoria Jones
Buyer's Agent in 2021
Victoria Jones
Compass
(312) 319-1168
2 in this area
22 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10995182
APN: 17-03-201-069-1031
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