NOT LISTED FOR SALE

626 W Waveland Ave Unit 3B Chicago, IL 60613

Lakeview East Neighborhood

Estimated Value: $201,000 - $273,000

1 Bed
1 Bath
750 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $182,500 $243 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,449/month

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Storage
  • Balcony
  • Laundry Room
  • Dining Room

About This Home

As of August 2023

1BR/1BA in a great courtyard building in Lakeview. Stainless steel appliances, granite counter tops, hardwood floors, freshly painted, newly installed bathroom fixtures. Living room has a wood burning fireplace, oversized storage closet, and space for a dining table. In-unit laundry, rear balcony accessed off the kitchen, and extra storage in the building. Short walk to Lake Michigan, Lincoln Park, the Red Line and all the restaurants and bars Lakeview has to offer.

Last Agent to Rent the Property

Frank Herrera

In Business Real Estate License #471001135 Listed on: 07/13/2023

Last Renter's Agent

Gabriela Menezes

World One Realty License #475197689

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1923 | 1993

Lot Details

  • 0.38

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 750 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $1,975
  • Property Available on 9/1/23
  • Rent includes lawn care, snow removal

Community Details

Overview

  • 50 Units
  • Kim Dorl Association, Phone Number (773) 772-8000
  • Low-Rise Condominium
  • Property managed by Property Solutions Chicago, LLC

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built | Renovated

1923 | 1993

Lot Details

0

Rental Info

  • Available Date: 2023-09-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1975
  • Security Deposit: $1975
  • Fees/Approvals: Move-in Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 1993
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built (Public Record): 1923
  • Year Renovated: 1993

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 750
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Rent Includes: Lawn Care, Snow Removal
  • Management: Manager Off-site
  • Management Company: Property Solutions Chicago, LLC
  • Management Contact Name: Kim Dorl
  • Management Phone: 773-772-8000

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Aug 27, 2018
Sold by
Gallivan Katherine A
Bought by
Kingstone Properties Llc
Seller's Agent
Lance Kirshner
Compass
Buyer's Agent
LILI ZHANG
Coldwell Banker Realty
List Price
$182,500
Sold Price
$182,500
Current Estimated Value
$222,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,428
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Veitmanis Ina M
Bought by
Gallivan Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2002
Sold by
Seidler Andreas
Bought by
Veitmanis Ina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
6.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 30, 2001
Sold by
Swett Stacy A and Swett Stacey A
Bought by
Seidler Andreas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
7.16%

Purchase Details

Closed on
Aug 23, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Swett Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kingstone Properties Llc $182,500 Attorney
Gallivan Katherine A $189,000 Multiple
Veitmanis Ina M $167,000 Chicago Title Insurance Co
Seidler Andreas $145,000 --
Swett Stacy A $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallivan Katherine A $189,000
Previous Owner Veitmanis Ina M $150,300
Previous Owner Seidler Andreas $140,650
Previous Owner Swett Stacy A $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Rented $1,975 0.0% --
08/21/2023 08/21/23 Under Contract -- -- --
07/13/2023 07/13/23 For Rent $1,975 +16.2% --
09/02/2022 09/02/22 Rented $1,700 0.0% --
08/24/2022 08/24/22 Under Contract -- -- --
08/21/2022 08/21/22 Price Changed $1,700 +9.7% $2 / Sq Ft
08/18/2022 08/18/22 For Rent $1,550 +10.7% --
01/18/2019 01/18/19 Rented $1,400 +3.7% --
01/11/2019 01/11/19 Under Contract -- -- --
12/07/2018 12/07/18 For Rent $1,350 0.0% --
08/29/2018 08/29/18 Sold $182,500 0.0% $243 / Sq Ft View Prior Sale
08/09/2018 08/09/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $182,500 -- $243 / 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 $3,333 $17,360 $2,556 $14,804
2023 $3,250 $15,800 $2,285 $13,515
2022 $3,250 $15,800 $2,285 $13,515
2021 $3,177 $15,799 $2,284 $13,515
2020 $3,058 $13,727 $1,427 $12,300
2019 $3,040 $15,129 $1,427 $13,702
2018 $2,310 $15,129 $1,427 $13,702
2017 $1,987 $12,605 $1,256 $11,349
2016 $2,024 $12,605 $1,256 $11,349
2015 $1,829 $12,605 $1,256 $11,349
2014 $1,736 $11,927 $970 $10,957
2013 $1,691 $11,927 $970 $10,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11831063

Midwest Real Estate Data (MRED)

APN: 14-21-106-041-1008