NOT LISTED FOR SALE

4941 N Albany Ave Unit 1 Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $330,000 - $411,000

2 Beds
2 Baths
1,500 Sq Ft
$249/mo HOA Fee

Last Sold March 28, 2023

Last sale price $355,000 $237 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,575/month

2 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Den
  • Deck
  • Whirlpool Bathtub
  • 2-minute walk to Ronan Park

About This Home

As of March 2023

Second-floor unit in a well-maintained building. This beautiful home is extra wide and super spacious with gleaming hardwood floors, a wonderful living room with a lovely fireplace, and an additional front sunroom overlooking the quiet, tree-lined street. Large bedrooms with plentiful closets, en suite primary bath, in-unit laundry, separate formal dining room, and rear office nook. The large eat-in kitchen has stainless steel appliances and opens up to a private back deck. Close to the River Park with an athletic complex and kayak launch, the North Branch trail, public transportation (Ravenswood Manor Brown line stop), and popular restaurants. Additional storage and Garage Parking are included in the price!

Last Agent to Sell the Property

Karrin Algas

@properties Christie's International Real Estate License #475155703 Listed on: 02/23/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Alexandra Bernardi

Jameson Sotheby's Intl Realty License #475174947

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1922 | Remodeled in 2009

Lot Details

  • 3,746

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Shared Driveway
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Schools

  • Hibbard Elementary School
  • Albany Park Multicultural Elemen Middle School
  • Roosevelt High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance
  • 4 Units
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Year Built

Built in 1922 | Remodeled in 2009

Lot Details

0

HOA Fees

$249 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2009
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2009

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1500
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s)
  • Room Type: Den, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter, Stone
  • List Price: 350000
  • Lot Features: Common Grounds
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Shared
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 249
  • Association Amenities: Bike Room/Bike Trails, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: UNKNOWN
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance

Schools

  • Elementary School: Hibbard Elementary School
  • High School: Roosevelt High School
  • Middle/Junior School: Albany Park Multicultural Elemen
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Disabled Vet

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 27, 2023
Sold by
Grieger John and Grieger Ashley
Bought by
Desimone Victor A and Maher Alexander Lily
Seller's Agent
Karrin Algas
@properties Christie's International Real Estate
Buyer's Agent
Alexandra Bernardi
Jameson Sotheby's Intl Realty
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Total Days on Market
2
Views
16
Current Estimated Value
$368,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,829
Avg. Annual Appreciation
1.77%
Original Mortgage
$266,250
Outstanding Balance
$260,245
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$108,584

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 12, 2016
Sold by
Helm James and Christensen Jule
Bought by
Grieger John and Grieger Ashley
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Karrin Algas
@properties Christie's International Real Estate
List Price
$274,500
Sold Price
$267,500
Premium/Discount to List
-$7,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$214,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2004
Sold by
N Albany Llc
Bought by
Christensen Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
5.75%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Desimone Victor A $355,000 Proper Title
Grieger John $267,500 First American Title
Christensen Julie $294,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desimone Victor A $266,250
Previous Owner Grieger John $214,000
Previous Owner Helm Julie $25,000
Previous Owner Christensen Julie $248,000
Previous Owner Christensen Julie $31,000
Previous Owner Christensen Julie $235,200
Previous Owner Larkin James C $58,000
Previous Owner Larkin James C $59,025
Previous Owner Larkin James C $60,500
Closed Christensen Julie $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $355,000 +1.4% $237 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $350,000 +30.8% $233 / Sq Ft
08/15/2016 08/15/16 Sold $267,500 -2.6% $157 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $274,500 -- $161 / 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 -- $31,445 $3,369 $28,076
2023 -- $26,000 $2,695 $23,305
2022 $0 $26,000 $2,695 $23,305
2021 $4,604 $25,999 $2,695 $23,304
2020 $4,604 $20,836 $1,395 $19,441
2019 $0 $26,666 $1,395 $25,271
2018 $4,604 $26,666 $1,395 $25,271
2017 $6,226 $28,827 $1,251 $27,576
2016 $5,291 $28,827 $1,251 $27,576
2015 $4,819 $28,827 $1,251 $27,576
2014 $3,992 $24,005 $1,155 $22,850
2013 $3,902 $24,005 $1,155 $22,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11724209

Midwest Real Estate Data (MRED)

APN: 13-12-311-037-1002