NOT LISTED FOR SALE

61 E Cedar St Unit 1A Chicago, IL 60611

Gold Coast Neighborhood

Estimated Value: $192,000 - $304,000

1 Bed
1 Bath
950 Sq Ft
$438/mo HOA Fee

Last Sold September 01, 2020

Last sale price $260,000 $274 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,243/month

13 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Hot Water Heating System
  • Lincoln Park High School Rated A
  • Storage
  • 2-minute walk to Mariano (Louis) Park

About This Home

As of September 2020

INVESTOR's DELIGHT- Perfect 1bdrm condo, updated in 2017 and rented with a great tenant until June 2021. Low assessments and a perfect location makes this property a perfect investment. Condo features updated kitchen, hardwood floors, high ceilings and a remodeled bathroom. And the location- CLOSE TO EVERYTHING- shopping, lake, restaurants and entertainment. Street parking is zoned. Rented at $1950 per month until June 2021. INVESTORS ONLY!

Last Agent to Sell the Property

Dan Cuckovic

Enterprise Realty Brokers Inc License #471006932 Listed on: 07/03/2020

Last Buyer's Agent

Lynn Clary

Keller Williams ONEChicago License #475133030

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,774

Year Renovated

  • 2017

Lot Details

  • 5,924

HOA Fees

  • $438 per month

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Storage
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,774

Year Renovated

2017

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 09X08, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 950
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Stone
  • Exposure: N (North)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Storage, Receiving Room, Security Door Locks
  • Assessment Includes: Heat, Water, Common Insurance, TV/Cable, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 438
  • Management Contact Name: MANAGER
  • Management Phone: 312-274-1010

Fee Information

  • Management Company: Avocet Properties

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17032020671005

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 1

Tax Info

  • Taxes: 3925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 28, 2020
Sold by
Omega Realty Group Llc
Bought by
Arora Sunny
Seller's Agent
Dan Cuckovic
Enterprise Realty Brokers Inc
Buyer's Agent
Lynn Clary
Keller Williams ONEChicago
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Current Estimated Value
$266,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,509
Avg. Annual Appreciation
0.45%
Original Mortgage
$195,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2018
Closed on
Sep 5, 2018
Sold by
Faraci Scott J
Bought by
Omega Realty Group Llc
Seller's Agent
Rebecca Rosenberg
Infiniti Properties, Inc.
Buyer's Agent
Jean Mindrut
Servus Realty, INC.
List Price
$242,000
Sold Price
$235,000
Premium/Discount to List
-$7,000
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%

Purchase Details

Listed on
Apr 18, 2013
Closed on
May 13, 2013
Sold by
Rieckmann Blair A
Bought by
Faraci Scott J
Seller's Agent
Molly Wills
@properties Christie's International Real Estate
Buyer's Agent
Jason Rosenberg
Infiniti Properties, Inc.
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$148,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 1998
Sold by
Crispino Samuel G
Bought by
Declaration Rieckmann Brian A and Brian A Rieckmann Declaration Of Trust

Purchase Details

Closed on
Oct 4, 1996
Sold by
Middleton Family Lc
Bought by
Crispino Samuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1994
Sold by
Middleton Lyle D and Middleton Joan E
Bought by
Middleton Family L C
Source: Public Records

Range of Values:

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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
Arora Sunny $260,000 Chicago Title
Omega Realty Group Llc $235,000 Chicago Title
Omega Realty Group Llc $235,000 Chicago Title
Faraci Scott J $198,000 North American Title Co
Declaration Rieckmann Brian A $95,000 --
Crispino Samuel G $83,500 --
Middleton Family L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arora Sunny $195,000
Previous Owner Faraci Scott J $148,500
Previous Owner Crispino Samuel G $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $260,000 -11.9% $274 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $295,000 0.0% $311 / Sq Ft
07/01/2019 07/01/19 Rented $1,950 +2.6% --
05/28/2019 05/28/19 For Rent $1,900 0.0% --
08/18/2018 08/18/18 Sold $235,000 -1.7% --
08/04/2018 08/04/18 Pending -- -- --
07/02/2018 07/02/18 Price Changed $239,000 -1.2% --
06/19/2018 06/19/18 For Sale $242,000 +22.2% --
05/24/2013 05/24/13 Sold $198,000 -1.0% --
04/24/2013 04/24/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $200,000 -- --
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 $4,774 $21,572 $6,783 $14,789
2023 $4,654 $22,627 $5,461 $17,166
2022 $4,654 $22,627 $5,461 $17,166
2021 $5,228 $25,999 $5,461 $20,538
2020 $4,079 $18,310 $3,822 $14,488
2019 $3,992 $19,869 $3,822 $16,047
2018 $3,925 $19,869 $3,822 $16,047
2017 $4,071 $18,909 $3,058 $15,851
2016 $3,787 $18,909 $3,058 $15,851
2015 $3,465 $18,909 $3,058 $15,851
2014 $3,294 $17,754 $2,457 $15,297
2013 $3,229 $17,754 $2,457 $15,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10769610

Midwest Real Estate Data (MRED)

APN: 17-03-202-067-1005