NOT LISTED FOR SALE

4948 N Kimball Ave Unit 4E Chicago, IL 60625

Albany Park Neighborhood

Estimated Value: $191,000 - $216,000

1 Bed
1 Bath
800 Sq Ft
$256/mo HOA Fee

Last Sold April 28, 2023

Last sale price $165,000 $206 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,523/month

3 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Storage
  • Whirlpool Bathtub
  • Resident Manager or Management On Site
  • 3-minute walk to Kiwanis Park

About This Home

As of April 2023

Fantastic top floor unit with an open layout that basks in sun light! Hardwood floors in all rooms and lots of windows let you take advantage of the south facing exposure! The kitchen offers excellent counter space including a large island that can seat 4! There is a large walk in closet that has a unique attic storage space plus there is a storage locker in the lower level of the building. Updated bath with a linen closet and a large whirlpool tub. Convenient in unit washer dryer. One parking space is included. Perfect location only blocks to shopping and the Brown Line!

Last Agent to Sell the Property

Ron Ehlers

Compass License #475103494 Listed on: 03/16/2023

Compass

Last Buyer's Agent

Darrell Scott

Compass License #475156044

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1922 | Remodeled in 2005

Lot Details

  • Additional Parcels

HOA Fees

  • $256 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 24 Units
  • Machelle Palmer Association, Phone Number (312) 912-1377
  • Property managed by Urban Apple

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,556

Year Built

Built in 1922 | Remodeled in 2005

Lot Details

0

HOA Fees

$256 per month

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: 4
  • Rehab Year: 2005
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 800
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 150000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 256
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Urban Apple
  • Management Contact Name: Machelle Palmer
  • Management Phone: 312-912-1377
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

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

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2555.71
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 26, 2023
Sold by
Cruz Kareema
Bought by
Potter Scott N
Seller's Agent
Ron Ehlers
Compass
Buyer's Agent
Darrell Scott
Compass
List Price
$150,000
Sold Price
$165,000
Premium/Discount to List
$15,000
10%
Views
39
Current Estimated Value
$200,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,812
Avg. Annual Appreciation
8.28%
Original Mortgage
$123,750
Outstanding Balance
$119,888
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$80,924

Purchase Details

Listed on
Aug 30, 2012
Closed on
Jun 10, 2013
Sold by
Lauzon Rachel
Bought by
Cruz Kareema
Seller's Agent
Ivana Shudnow
L'chaim Real Estate Inc
Buyer's Agent
Malki Brown
Coldwell Banker Residential Brokerage
List Price
$45,000
Sold Price
$49,000
Premium/Discount to List
$4,000
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$48,113
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2006
Sold by
Jlm Builders Inc
Bought by
Lauzon Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Potter Scott N $165,000 First American Title
Cruz Kareema $49,000 None Available
Lauzon Rachel $172,000 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Scott N $123,750
Previous Owner Cruz Kareema $48,113
Previous Owner Lauzon Rachel $137,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $165,000 +10.0% $206 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $150,000 +206.1% $188 / Sq Ft
06/13/2013 06/13/13 Sold $49,000 +8.9% $56 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $45,000 -- $52 / 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 $2,474 $17,972 $1,501 $16,471
2023 $2,390 $15,001 $1,259 $13,742
2022 $2,390 $15,001 $1,259 $13,742
2021 $2,354 $14,999 $1,258 $13,741
2020 $2,272 $13,265 $621 $12,644
2019 $2,305 $14,866 $621 $14,245
2018 $2,265 $14,866 $621 $14,245
2017 $1,443 $10,055 $557 $9,498
2016 $1,519 $10,055 $557 $9,498
2015 $1,367 $10,055 $557 $9,498
2014 $2,763 $14,836 $514 $14,322
2013 $2,228 $14,836 $514 $14,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11736142

Midwest Real Estate Data (MRED)

APN: 13-11-419-029-1010