NOT LISTED FOR SALE

Lake Meadows Condo 601 E 32nd St Unit 602 Chicago, IL 60616

Lake Meadows Neighborhood

Estimated Value: $102,512 - $175,000

1 Bed
1 Bath
-- Sq Ft
2.05 Acres Lot

Sale Details

Date Sold: July 26, 2021

Last sale price $120,000

Est. 24% increase in value since last sale

Current estimated payment $1,581 / mo

32 Days on Market

Highlights

  • Doorman
  • Sundeck
  • 1 Car Attached Garage
  • L-Shaped Dining Room
  • Elevator
  • 4-minute walk to Groveland Park

About This Home

As of July 2021

GREAT VIEWS AND MOMENTS AWAY FROM THE LAKE. THIS ONE BEDROOM ONE BATHROOM IS A SPACIOUS UNIT WITH A GALERY STYLE KITCHEN AND FLOOR TO CEILING WINDOWS. ASSESSMENT INCLUDES: CENTRAL HEAT/AIR, CABLE, WATER, 24 HR DOORMAN AND MORE. JUST 10 MINUTES FROM THE LOOP! HURRY, THIS ONE WON'T LAST. SCHEDULE YOU PRIVATE SHOWING TODAY!

Last Agent to Sell the Property

Vadie Reese

Serene Realty, Inc. License #475155216 Listed on: 04/08/2021

Last Buyer's Agent

Michael Ricketts

Kale Realty License #475114643

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1958

Lot Details

  • 2.05

HOA Fees

  • $782 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • L-Shaped Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, parking, insurance, security, doorman, tv/cable, lawn care, scavenger, snow removal
  • 140 Units
  • La Teresa Chandler Fenner Association, Phone Number (312) 326-2500
  • Property managed by The 601 Condominium Association
  • Handicap Modified Features In Community
  • 13-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,770

Year Built

Built in 1958

Lot Details

2.05 Acres

HOA Fees

$782 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: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 13
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: South
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 782
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Service Elevator(s), Handicap Equipped
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The 601 Condominium Association
  • Management Contact Name: LA TERESA CHANDLER-FENNER
  • Management Phone: 312-326-2500

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Security, Doorman, TV/Cable, Lawn Care, Scavenger, Snow Removal, Other

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: 25

Tax Info

  • Tax Annual Amount: 1770.25
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 24, 2021
Sold by
Lyons Mary W
Bought by
Ikpeama Sandra
Seller's Agent
Vadie Reese
Serene Realty, Inc.
Buyer's Agent
Michael Ricketts
Kale Realty
Sold Price
$120,000
Current Estimated Value
$149,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,128
Avg. Annual Appreciation
4.65%
Original Mortgage
$90,000
Outstanding Balance
$81,581
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$67,547

Purchase Details

Closed on
Jun 28, 2007
Sold by
Jp Morgan Chase Bank Na
Bought by
Lyons Mary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2006
Sold by
Pass Gwendolyn
Bought by
Jpmorgan Chase Bank Na and The C Bass Mortgage Loan Asset Backed Ce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ikpeama Sandra $120,000 Alliance Title Corporation
Lyons Mary W $69,000 First American
Jpmorgan Chase Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikpeama Sandra $90,000
Previous Owner Lyons Mary W $62,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $120,000 0.0% --
05/18/2021 05/18/21 For Sale -- -- --
05/10/2021 05/10/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $120,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $106 $1,358 $252 $1,106
2024 $106 $1,358 $252 $1,106
2023 $103 $500 $204 $296
2022 $103 $500 $204 $296
2021 $101 $499 $203 $296
2020 $181 $813 $173 $640
2019 $179 $890 $173 $717
2018 $176 $890 $173 $717
2017 $162 $753 $152 $601
2016 $151 $753 $152 $601
2015 $138 $753 $152 $601
2014 $132 $709 $129 $580
2013 $104 $569 $129 $440
Source: Public Records

Agents Affiliated with this Home

  • Vadie Reese

    Seller's Agent in 2021

    Vadie Reese

    Serene Realty, Inc.

    (312) 560-0208

    2 in this area

    142 Total Sales

    Vadie Reese
    Section Image

  • M

    Buyer's Agent in 2021

    Michael Ricketts

    Kale Realty

See All Agents

About Lake Meadows Condo

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11047306

Midwest Real Estate Data (MRED)

APN: 17-34-225-003-1259

Illinois Cook County Chicago 60616 Lake Meadows

601 E 32nd St Unit 602, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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