NOT LISTED FOR SALE

506 S Oakley Blvd Unit 1 Chicago, IL 60612

Tri-Taylor Neighborhood

Estimated Value: $321,000 - $499,000

4 Beds
3 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold October 11, 2023

Last sale price $420,000

Current estimated payment $2,677/month

8 Days on Market

Highlights

  • Walk-In Closet
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Claremont Park

About This Home

As of October 2023

This home is located at 506 S Oakley Blvd Unit 1, Chicago, IL 60612 since 16 August 2023 and is currently estimated at $420,812. This property was built in 2003. 506 S Oakley Blvd Unit 1 is a home located in Cook County with nearby schools including Washington Irving Elementary School, St. Malachy School, and Chicago Hope Academy.

Last Agent to Sell the Property

Maximilian Ortega

Artizen Realty LLC License #471014762 Listed on: 08/16/2023

Last Buyer's Agent

Cesar Gallegos

Century 21 S.G.R., Inc. License #475200788

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,971

Year Built

  • Built in 2003 | Remodeled in 2023

Lot Details

  • 2,483

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Parking

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

Schools

  • Abbott Elementary School

Utilities

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

Community Details

Overview

  • 2 Units
  • Provided At Contract Signing Association
  • Low-Rise Condominium
  • Property managed by Self-managed

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,971

Year Built

Built in 2003 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,Low Rise (1-3 Stories)
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2023

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Room Type: Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Concrete (Basement),Rec/Family Area,Sleeping Area,Storage Space,Walk-Up Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 435000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-managed
  • Management Contact Name: Provided at Contract Signing
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Abbott Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • 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 Annual Amount: 4971.19
  • Tax Year: 2021

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2005
Sold by
Oxford Bank & Trust
Bought by
Canto Reynaldo P and Canto Elisa G
Current Estimated Value
$420,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.37%
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
Canto Reynaldo P $340,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canto Reynaldo P $159,800
Closed Canto Reynoldo P $200,842
Closed Canto Reynaldo P $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $420,000 -3.4% --
08/25/2023 08/25/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $435,000 -- --
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 $5,217 $38,065 $9,140 $28,925
2023 $5,085 $24,641 $5,012 $19,629
2022 $5,085 $24,641 $5,012 $19,629
2021 $4,971 $24,640 $5,012 $19,628
2020 $6,855 $30,668 $5,012 $25,656
2019 $6,766 $33,565 $5,012 $28,553
2018 $6,652 $33,565 $5,012 $28,553
2017 $4,804 $22,242 $4,422 $17,820
2016 $4,455 $22,242 $4,422 $17,820
2015 $4,076 $22,242 $4,422 $17,820
2014 $3,547 $19,116 $3,759 $15,357
2013 $3,477 $19,116 $3,759 $15,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11855127

Midwest Real Estate Data (MRED)

APN: 17-18-128-061-1001