NOT LISTED FOR SALE

4165 S Ellis Ave Unit 1N Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $200,000 - $337,857

2 Beds
2 Baths
1,500 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $200,000 $133 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,061/month

49 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Cats Allowed
  • Community Storage Space
  • Central Air

About This Home

As of July 2024

Amazing Affordable Housing Opportunity on this beautiful 3 Bed, 2 Bath Duplex Condo has been appraised at $230,000. This condo boasts an open floor plan with 9 ft. ceilings, Granite countertops, 42-inch cabinets, and an Island. Spacious rooms, tons of closet space, and a lower-level third bedroom. The downstairs is perfect for entertaining or the perfect "man cave". If that's not enough, can you say.. "location, location, location?!? This condo is blocks from the Lake and minutes to I-55. Secured Parking Included. Property Being Sold "AS-IS" *"This is an income-restricted City of Chicago Affordable Housing (TIF) unit. Buyer must meet 100% HUD household income guidelines and be approved by (DOH) Department of Housing staff before submitting an offer. At the time of closing, the buyer must agree to sign an Affordable Housing Covenant and Agreement with resale restrictions."

Last Agent to Sell the Property

Cherise Baggett

Keller Williams Experience License #475200029 Listed on: 03/18/2024

Keller Williams Experience

Last Buyer's Agent

Felicia Riley

Urban Abodes Chicago License #475164545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 2007

Lot Details

  • 7,231

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • English Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include exterior maintenance, scavenger
  • 4 Units
  • Association Phone (312) 287-4898
  • Property managed by Ellis Condo Association

Pet Policy

  • Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,338

Year Built

Built in 2007

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 200000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 254
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Ellis Condo Association
  • Management Contact Name: n/a
  • Management Phone: 312-287-4898
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0.166
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5338
  • Tax Year: 2021

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jun 20, 2024
Sold by
Peterson Valerie
Bought by
Nobel David L
Seller's Agent
Cherise Baggett
Keller Williams Experience
Buyer's Agent
Felicia Riley
Urban Abodes Chicago
List Price
$200,000
Sold Price
$200,000
Views
278
Current Estimated Value
$246,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,464
Avg. Annual Appreciation
17.95%
Original Mortgage
$30,000
Outstanding Balance
$29,775
Interest Rate
7.03%
Estimated Equity
$212,028

Purchase Details

Closed on
Dec 27, 2007
Sold by
42Nd Place Development Group Llc
Bought by
Peterson Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.13%
Mortgage Type
Unknown
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
Nobel David L $200,000 Fidelity National Title
Peterson Valerie $188,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nobel David L $30,000
Open Nobel David L $194,000
Previous Owner Peterson Valerie $163,025
Previous Owner Peterson Valerie $111,000
Previous Owner Peterson Valerie $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $200,000 0.0% $133 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $200,000 -- $133 / 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 $5,606 $26,754 $6,847 $19,907
2023 $5,442 $29,797 $6,847 $22,950
2022 $5,442 $29,797 $6,847 $22,950
2021 $5,338 $29,796 $6,846 $22,950
2020 $2,214 $13,041 $3,325 $9,716
2019 $2,200 $14,380 $3,325 $11,055
2018 $2,162 $14,380 $3,325 $11,055
2017 $2,531 $15,134 $2,738 $12,396
2016 $2,531 $15,134 $2,738 $12,396
2015 $2,293 $15,134 $2,738 $12,396
2014 $2,413 $15,576 $2,347 $13,229
2013 $2,355 $15,576 $2,347 $13,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12003845

Midwest Real Estate Data (MRED)

APN: 20-02-116-051-1001