NOT LISTED FOR SALE

506 S Oakley Blvd Unit 2 Chicago, IL 60612

Tri-Taylor Neighborhood

Estimated Value: $259,534 - $289,000

2 Beds
1 Bath
1,200 Sq Ft
2,483 Sq Ft Lot

Last Sold November 03, 2022

Last sale price $225,000 $188 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,791/month

Highlights

  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Laundry Room
  • Wood Flooring
  • Balcony
  • 3-minute walk to Claremont Park

About This Home

As of March 2023

Spacious 2 bedroom/1 bathroom top floor condo in the heart of the medical district. This unit offers hardwood floors and vaulted ceilings. Open floor plan with living and dining room combo. Kitchen with breakfast bar seating, plenty of cabinets, granite countertops, and all stainless steel appliances. Primary bedroom with double closets. Full bathroom with tub shower & granite top vanity. Second bedroom, laundry room, coat closet, and linen closet round out this well maintained unit. Exterior parking space INCLUDED. Shared storage closet included. Close to everything that the city has to offer and easily commutable to multiple destinations in and out of the city.

Last Agent to Rent the Property

Colin Hebson

Baird & Warner License #475143865 Listed on: 11/14/2022

Co-Listed By

Taylor Nirchi

Jameson Sotheby's Intl Realty License #475194530

Last Renter's Agent

Colin Hebson

Baird & Warner License #475143865 Listed on: 11/14/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 2004

Lot Details

  • 2,483

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 11/14/22
  • Rent includes water

Community Details

Overview

  • 2 Units
  • Elisa Canto Association, Phone Number (815) 529-4886

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,464

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Available Date: 2022-11-14
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2000
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1200
  • Other Equipment: CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 2000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, 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
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Storage
  • Rent Includes: Water
  • Management: Self-Management
  • Management Company: Self Managed
  • Management Contact Name: Elisa Canto
  • Management Phone: 815-529-4886

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 9, 2022
Sold by
Stiers Steven J and Stiers Renette A
Bought by
Ciftci Ahmet and Cirak Furkan
Seller's Agent
Jonathan Darin
Coldwell Banker Real Estate Group
Buyer's Agent
Yusuf Ozer
Troy Real Estate LLC
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Views
9
Current Estimated Value
$277,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,884
Avg. Annual Appreciation
7.69%
Original Mortgage
$168,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2009
Sold by
Geauga Savings Bank
Bought by
Stiers Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2009
Sold by
506 S Oakley Condominium Association
Bought by
Geauga Savings Bank

Purchase Details

Closed on
May 26, 2005
Sold by
Oxford Bank & Trust
Bought by
Gonzalez Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 8, 2003
Sold by
Pissios Alexander
Bought by
Strong Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4%
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
Ciftci Ahmet $225,000 None Listed On Document
Ciftci Ahmet $225,000 None Listed On Document
Stiers Steven J -- Git
Geauga Savings Bank -- None Available
Gonzalez Saul $240,000 Git
Strong Development Llc -- --
Pissios Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ciftci Ahmet $168,750
Previous Owner Stiers Steven J $126,000
Previous Owner Stiers Steven J $120,650
Previous Owner Stiers Steven J $136,800
Previous Owner Gonzalez Saul $216,000
Previous Owner Strong Development Llc $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Rented $2,100 +5.0% --
12/06/2022 12/06/22 Off Market $2,000 -- --
11/28/2022 11/28/22 Price Changed $2,000 -4.8% $2 / Sq Ft
11/14/2022 11/14/22 For Rent $2,100 0.0% --
11/03/2022 11/03/22 Sold $225,000 -3.4% $188 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $233,000 -2.9% $194 / Sq Ft
07/22/2022 07/22/22 For Sale $239,900 -- $200 / 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 $3,464 $26,434 $6,347 $20,087
2023 $2,671 $16,362 $3,481 $12,881
2022 $2,671 $16,362 $3,481 $12,881
2021 $2,629 $16,360 $3,480 $12,880
2020 $4,067 $21,297 $3,480 $17,817
2019 $4,007 $23,309 $3,480 $19,829
2018 $3,938 $23,309 $3,480 $19,829
2017 $2,607 $15,446 $3,071 $12,375
2016 $2,593 $15,446 $3,071 $12,375
2015 $2,350 $15,446 $3,071 $12,375
2014 $1,986 $13,275 $2,610 $10,665
2013 $1,936 $13,275 $2,610 $10,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11672805

Midwest Real Estate Data (MRED)

APN: 17-18-128-061-1002