NOT LISTED FOR SALE

Estimated Value: $353,000 - $533,000

2 Beds
2 Baths
1,330 Sq Ft
$1,254/mo HOA Fee

Last Sold June 26, 2020

Last sale price $385,000 $289 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,205/month

Highlights

  • Lake Front
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Storage
  • Wood Flooring
  • Breakfast Bar
  • Central Air

About This Home

As of June 2020

This home is located at 40 E Delaware Place Unit 903, Chicago, IL 60611 since 24 April 2020 and is currently estimated at $450,812, approximately $338 per square foot. This property was built in 1922. 40 E Delaware Place Unit 903 is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Chicago International Charter School.

Last Agent to Sell the Property

Justin Lucas

@properties Christie's International Real Estate License #475173373 Listed on: 04/24/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Jennifer Mills

Jameson Sotheby's Intl Realty License #471015050

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Year Built

  • 1922

Lot Details

  • Lake Front
  • East or West Exposure

HOA Fees

  • $1,254 per month

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • City Lot

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1922

Lot Details

0

HOA Fees

$1,254 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 9
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1922
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17
  • Year Built: 1922

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1330
  • Dining Room Type: L-shaped

Exterior Features

  • Exposure: N (North), E (East), City, Lake/Water

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Deposit Required, Dogs OK, Neutered and/or Declawed Only, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Door Person, Coin Laundry, Elevator, Exercise Room, Sundeck, Receiving Room, Security Door Locks, Service Elevator
  • Assessment Includes: Water, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 1254
  • Management Contact Name: Jackie Smith
  • Management Phone: 312-346-8600

Fee Information

  • Management Company: DK Condo

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17032090191036

Multi Family

  • Total Number Unitsin Building: 76
  • Number Stories: 17

Tax Info

  • Taxes: 7946.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jun 12, 2020
Sold by
Zellmer Adam J and Zellmer Krystal R
Bought by
Koenig Erica
Seller's Agent
Justin Lucas
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$450,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,812
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Aug 8, 2019
Sold by
Zellmer Adam J and Zellmer Krystal
Bought by
Zellmer Adam J and Zellmer Krystal R

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 9, 2014
Sold by
Kalo Cheryl F and Edith Krassner Trust
Bought by
Zellmer Adam J and Zellmer Krystal
Seller's Agent
Scott Kalo
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lauren Schreyer
Compass
List Price
$395,000
Sold Price
$351,000
Premium/Discount to List
-$44,000
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$280,800
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2000
Sold by
Truman Richard D and Truman Alma Jean
Bought by
Madej Christina

Purchase Details

Closed on
Sep 24, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Truman Richard D and Truman Alma Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,150
Interest Rate
6.25%

Purchase Details

Closed on
Jan 22, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Madej Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Koenig Erica $385,000 Chicago Title
Zellmer Adam J -- None Available
Zellmer Adam J $351,000 Ct
Madej Christina $270,000 --
Truman Richard D $221,500 --
Madej Christina $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zellmer Adam J $280,800
Previous Owner Truman Richard D $199,150
Previous Owner Madej Christina $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $385,000 0.0% $289 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $385,000 +9.7% $289 / Sq Ft
12/18/2014 12/18/14 Sold $351,000 +0.3% $264 / Sq Ft View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
10/27/2014 10/27/14 Price Changed $350,000 -5.4% $263 / Sq Ft
10/02/2014 10/02/14 Price Changed $369,900 -6.4% $278 / Sq Ft
09/09/2014 09/09/14 For Sale $395,000 -- $297 / 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 $7,062 $37,180 $3,400 $33,780
2023 $7,306 $36,787 $2,737 $34,050
2022 $7,306 $38,941 $2,737 $36,204
2021 $7,831 $38,941 $2,737 $36,204
2020 $7,568 $37,074 $1,916 $35,158
2019 $8,083 $40,231 $1,916 $38,315
2018 $7,947 $40,231 $1,916 $38,315
2017 $7,200 $33,448 $1,532 $31,916
2016 $6,699 $33,448 $1,532 $31,916
2015 $6,129 $33,448 $1,532 $31,916
2014 $5,613 $30,251 $1,231 $29,020
2013 $5,502 $30,251 $1,231 $29,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10759778

Midwest Real Estate Data (MRED)

APN: 17-03-209-019-1036