NOT LISTED FOR SALE

Estimated Value: $180,000 - $243,000

3 Beds
2 Baths
1,100 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $138,500 $126 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,515/month

Highlights

  • Waterfront
  • Living Room
  • Baseboard Heating
  • Furnished
  • Dining Room
  • 4-minute walk to Park 517

About This Home

As of May 2022

Newly Furnished, Partial rehabbed, Freshly painted 3 bed / 2 full bath corner unit. 3 bedrooms are about the same size, good for student share or roommate rental, spacious bedrooms can fit king beds. Bing windows with lake view. One block to the lakefront, running and bike path and four blocks to Loyola University. lots of closet space. Laundry in the building, additional storage room available. mins get on the Lake Short Drive, walk to CTA red line, bus stop in front, easy commute to downtown. Parking space lease through the building. Cable TV, Water, Gas, Heat are included in the rent.

Last Agent to Rent the Property

Josephine Wang

Concentric Realty Inc. License #475166830 Listed on: 04/05/2022

Concentric Realty Inc.

Last Renter's Agent

Josephine Wang

Concentric Realty Inc. License #475166830 Listed on: 04/05/2022

Concentric Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1961 | Remodeled in 2022

Lot Details

  • Waterfront

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 4/5/22
  • Rent includes cable TV, gas, heat, scavenger
  • 12 Month Lease Term

Community Details

Overview

  • 74 Units
  • Gina Delgado Association, Phone Number (312) 829-8900
  • High-Rise Condominium
  • Property managed by First Community Management
  • 18-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,651

Year Built

Built in 1961 | Remodeled in 2022

Lot Details

0

Rental Info

  • Available Date: 2022-04-05
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2100
  • Security Deposit: $2300
  • Max Pet Weight: 25

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 12
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 18
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Yes
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 18
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 2100
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Rent Includes: Cable TV, Gas, Heat, Scavenger
  • Management Company: First Community Management
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-829-8900X921

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Nov 11, 2021
Sold by
Poovathur George V and Poovathur Ponnamma
Bought by
Wang Weiqing
Seller's Agent
Karmen Spears
POWER Realty Chicagoland,PLLC
Buyer's Agent
Josephine Wang
Concentric Realty Inc.
List Price
$169,000
Sold Price
$138,500
Premium/Discount to List
-$30,500
-18.05%
Current Estimated Value
$221,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,757
Avg. Annual Appreciation
14.92%
Original Mortgage
$103,875
Outstanding Balance
$96,354
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$135,966

Purchase Details

Closed on
May 29, 2021
Sold by
Menon Balakrishnan and Menon Mallika
Bought by
Poovathur George V and Poovathur Ponnamma

Purchase Details

Closed on
Aug 16, 2019
Sold by
Mehta Madhavi S
Bought by
Poovathur George and Poovathur Ponnamma

Purchase Details

Closed on
Oct 16, 1993
Sold by
Mehta Subhash M and Mehta Madhavi S
Bought by
Mehta Subhash M and Mehta Madhavi S
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
Wang Weiqing $138,500 Fidelity National Title
Poovathur George V $170,000 Attorney
Poovathur George -- None Available
Mehta Subhash M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Weiqing $103,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2022 05/21/22 Rented $2,100 0.0% --
05/08/2022 05/08/22 Under Contract -- -- --
04/15/2022 04/15/22 Price Changed $2,100 -8.7% $2 / Sq Ft
04/05/2022 04/05/22 For Rent $2,300 0.0% --
11/19/2021 11/19/21 Sold $138,500 0.0% $126 / Sq Ft
11/15/2021 11/15/21 Off Market $138,500 -- --
10/14/2021 10/14/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $169,000 -- $154 / 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 $3,651 $17,380 $3,022 $14,358
2023 $3,560 $17,307 $2,430 $14,877
2022 $3,560 $17,307 $2,430 $14,877
2021 $3,480 $17,306 $2,430 $14,876
2020 $2,812 $12,621 $1,397 $11,224
2019 $2,806 $13,965 $1,397 $12,568
2018 $2,759 $13,965 $1,397 $12,568
2017 $2,583 $11,999 $1,215 $10,784
2016 $2,403 $11,999 $1,215 $10,784
2015 $2,199 $11,999 $1,215 $10,784
2014 $1,479 $7,972 $926 $7,046
2013 $1,631 $8,967 $926 $8,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11366165

Midwest Real Estate Data (MRED)

APN: 14-05-406-022-1040