NOT LISTED FOR SALE

625 S Central Park Ave Unit 2 Chicago, IL 60624

Homan Square Neighborhood

Estimated Value: $102,000 - $134,000

2 Beds
1.5 Baths
1,000 Sq Ft
$170/mo HOA Fee

Last Sold September 20, 2021

Last sale price $80,100 $80 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $943/month

6 Days on Market

Highlights

  • Combination Kitchen and Dining Room
  • Dogs and Cats Allowed
  • 5-minute walk to Homan Square Park

About This Home

As of September 2021

Attention investors, long term tenants! Nothing to do but close on this cash cow and start getting rental income! Right off I-290, close to major streets, parks, schools. The opportunity you have been waiting for is finally here, let your tenants pay your mortgage!

Last Agent to Sell the Property

Jose Martinez

RE/MAX Mi Casa License #471019209 Listed on: 07/01/2021

RE/MAX Mi Casa

Co-Listed By

Patricia Sandoval

RE/MAX Mi Casa License #475121200

Last Buyer's Agent

Maria Bello

Remax Future License #475162725

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1911

Lot Details

  • 6,142

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, exterior maintenance, scavenger
  • 6 Units
  • Team Foxtrot Association, Phone Number (773) 913-2569
  • Property managed by Connected/Team Foxtrot

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,274

Year Built

Built in 1911

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1000
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1000
  • Total Sq Ft: 1000
  • Main Level Sq Ft: 1000
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Island
  • Living Room Flooring: Hardwood
  • MRD_MBB: None
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 12X11

Exterior Features

  • List Price: 85000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 170
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Connected/Team Foxtrot
  • Management Contact Name: Team Foxtrot
  • Management Phone: 773-913-2569

Fee Information

  • Association Fee Includes: Water, Exterior Maintenance, Scavenger

Schools

  • 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: UNK

Tax Info

  • Tax Annual Amount: 1273.75
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 20, 2021
Sold by
Carranza Jabier
Bought by
Maldonado Raymond S
Seller's Agent
Jose Martinez
RE/MAX Mi Casa
Buyer's Agent
Maria Bello
Remax Future
List Price
$85,000
Sold Price
$80,100
Premium/Discount to List
-$4,900
-5.76%
Current Estimated Value
$117,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,117
Avg. Annual Appreciation
10.07%
Original Mortgage
$68,085
Outstanding Balance
$62,087
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$55,130

Purchase Details

Closed on
Jul 16, 2014
Sold by
Carranza Jabier and Wofford Freddie L
Bought by
Carranza Jabier

Purchase Details

Closed on
Jun 27, 2014
Sold by
Fannie Mae
Bought by
Carranza Jabien

Purchase Details

Closed on
Jan 24, 2006
Sold by
Moore Denise
Bought by
Ekpo Akon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,010
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Maldonado Raymond S $80,500 National Title Solutions Inc
Carranza Jabier -- Attorney
Carranza Jabier -- None Available
Carranza Jabien -- First American Title Ins Co
Ekpo Akon $133,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Raymond S $68,085
Previous Owner Ekpo Akon $129,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $80,100 -5.8% $80 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $85,000 -- $85 / 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 $1,791 $10,256 $622 $9,634
2023 $1,746 $8,488 $504 $7,984
2022 $1,746 $8,488 $504 $7,984
2021 $1,707 $8,488 $504 $7,984
2020 $1,412 $6,340 $504 $5,836
2019 $1,274 $6,340 $504 $5,836
2018 $1,252 $6,340 $504 $5,836
2017 $1,625 $7,549 $450 $7,099
2016 $1,512 $7,549 $450 $7,099
2015 $1,383 $7,549 $450 $7,099
2014 $1,373 $9,971 $450 $9,521
2013 $1,335 $9,971 $450 $9,521
Source: Public Records

Agents Affiliated with this Home

  • Jose Martinez

    Seller's Agent in 2021

    Jose Martinez

    RE/MAX

    (773) 964-5661

    1 in this area

    198 Total Sales

    Jose Martinez
    Section Image
  • Patricia Sandoval

    Seller Co-Listing Agent in 2021

    Patricia Sandoval

    RE/MAX

    (773) 655-3223

    1 in this area

    91 Total Sales

    Patricia Sandoval
    Section Image

  • M

    Buyer's Agent in 2021

    Maria Bello

    Remax Future

    (773) 563-1280

    2 in this area

    62 Total Sales

    Maria Bello
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11141921

Midwest Real Estate Data (MRED)

APN: 16-14-400-055-1007

Illinois Cook County Chicago 60624 Homan Square

625 S Central Park Ave Unit 2, Chicago, IL

This home is located at 625 S Central Park Ave Unit 2, Chicago, IL 60624 since 01 July 2021 and is currently estimated at $117,217, approximately $117 per square foot. This property was built in 1911. 625 S Central Park Ave Unit 2 is a home located in Cook County with nearby schools including Gregory Math & Sci Elementary Academy, DRW College Prep, and Holy Family School.

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