NOT LISTED FOR SALE

4040 N Clarendon Ave Unit 1 Chicago, IL 60613

Buena Park Neighborhood

Estimated Value: $395,000 - $456,000

3 Beds
2 Baths
1,213 Sq Ft
$349/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $315,000 $260 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,111/month

14 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Storage
  • Humidifier

About This Home

As of September 2021

Charming 3bed/2bath duplex down in the heart of Buena Park! Top notch location two blocks from the Lake! Seconds from all the fun Summer activities on the lake path and beaches! Two blocks from the Sheridan Red line stop! Vintage unit with modern updates, exposed brick, built in shelving and decorative fireplace! Unit has just been freshly painted and brand new carpet! Large open kitchen with stainless steel appliances, granite counters, and oak cabinets! Spacious kitchen leaves room for large dining table perfect for entertaining. Cute deck off of the kitchen that leads to common area patio. Common patio is super cute with strung lights and tables. Well run condo association with $13,000 in reserves. No rentals allowed. 16 units and pets welcome! Large storage unit in basement and free laundry. Amazing opportunity to get this kind of space for a very fair price in such a great location! Rental parking available .02 miles away at 4170 N. Marine for $275/month.

Last Agent to Sell the Property

Ashley Donat

Compass License #471021517 Listed on: 07/27/2021

Compass

Co-Listed By

Lauren Traficanto

@properties Christie's International Real Estate License #475148664

Last Buyer's Agent

Brian Caron

Baird & Warner License #471017757

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,087

Year Built

  • Built in 1901 | Remodeled in 2007

Lot Details

  • 9,148

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Leased Parking

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Buena Park Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,087

Year Built

Built in 1901 | Remodeled in 2007

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo
  • Subdivision Name: Buena Park
  • Year Built: 1901
  • Age: 100+ 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: 1
  • Rehab Year: 2007
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage
  • Other Equipment: Humidifier, Security System, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Ceramic Tile
  • Kitchen Flooring: Ceramic Tile
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 14X15
  • Bedroom 3 Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 325000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 300
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: self
  • Management Phone: 000-000-0000X0000

Fee Information

  • Association Fee Includes: Water, 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

  • Lease Amount: 275
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 5087.19
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 22, 2021
Sold by
Simmons Michael J and Simmons Silvia E
Bought by
Schmidt Brendon and Geary Katrina
Seller's Agent
Ashley Donat
Compass
Buyer's Agent
Brian Caron
Baird & Warner
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Current Estimated Value
$423,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,509
Avg. Annual Appreciation
7.79%
Original Mortgage
$299,250
Outstanding Balance
$276,956
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$146,734

Purchase Details

Closed on
Aug 15, 2007
Sold by
Gibbons Andrew L and Gibbons Meghan K
Bought by
Simmons Michael J and Simmons Silvia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2004
Sold by
Wilcox Angela C and Wilcox James A
Bought by
Gibbons Andrew L and Gibbons Meghan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 2001
Sold by
Spurr Rachel
Bought by
Cook Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.03%

Purchase Details

Closed on
Aug 10, 2000
Sold by
Chen Hong E
Bought by
Spurr Rachel

Purchase Details

Closed on
Apr 12, 1994
Sold by
Herrera Sylvia
Bought by
Chen Hong E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.08%
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
Schmidt Brendon $315,000 Plymouth Title Guaranty Corp
Simmons Michael J $354,500 First American Title Ins Co
Gibbons Andrew L $267,000 Multiple
Cook Angela $215,000 --
Spurr Rachel -- --
Chen Hong E $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Brendon $299,250
Previous Owner Simmons Michael J $229,900
Previous Owner Simmons Michael J $258,942
Previous Owner Simmons Michael J $273,500
Previous Owner Simmons Michael J $30,000
Previous Owner Simmons Michael J $283,280
Previous Owner Gibbons Andrew L $255,000
Previous Owner Gibbons Andrew $50,000
Previous Owner Gibbons Andrew L $213,600
Previous Owner Cook Angela $193,000
Previous Owner Cook Angela $193,500
Previous Owner Chen Hong E $114,000
Closed Gibbons Andrew L $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $315,000 -8.7% $260 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $345,000 -- $284 / 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 $6,263 $32,899 $4,184 $28,715
2023 $6,084 $33,001 $2,931 $30,070
2022 $6,084 $33,001 $2,931 $30,070
2021 $6,636 $32,999 $2,930 $30,069
2020 $5,087 $22,836 $2,582 $20,254
2019 $5,106 $25,412 $2,582 $22,830
2018 $5,020 $25,412 $2,582 $22,830
2017 $4,349 $20,204 $2,246 $17,958
2016 $4,047 $20,204 $2,246 $17,958
2015 $3,860 $21,065 $2,246 $18,819
2014 $3,474 $18,725 $1,712 $17,013
2013 $3,406 $18,725 $1,712 $17,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11169938

Midwest Real Estate Data (MRED)

APN: 14-17-418-022-1001