NOT LISTED FOR SALE

641 E Pershing Rd Unit 304 Chicago, IL 60653

Bronzeville Neighborhood

Estimated Value: $223,000 - $297,000

2 Beds
2 Baths
1,250 Sq Ft
$246/mo HOA Fee

Last Sold July 31, 2015

Last sale price $115,000 $92 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,930/month

43 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Home Security System
  • Whirlpool Bathtub
  • Intercom
  • 4-minute walk to Mandrake Park

About This Home

As of July 2015

On the top floor of a recently developed condo building, this 2 bed/2 bath open concept unit features oak floors throughout, a gas fireplace, recessed lighting, a private balcony, a marble bath with a whirlpool tub and separate shower. The updated kitchen features 42" maple cabinets and granite counters. The property is close to the Green Line, the lake and parks. Includes parking space.

Last Agent to Sell the Property

Mark J. Reiter

5M RE, Inc. License #471008247 Listed on: 05/28/2015

Co-Listed By

Michael Mintz

Millennium Properties RE, Inc.

Last Buyer's Agent

Qizhong Guan

Century 21 S.G.R., Inc. License #475154447

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 2006

Lot Details

  • 0.33

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • 4-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Mechanical Septic System

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 14 Units
  • Matt Vail Association, Phone Number (312) 338-3000
  • Property managed by Millennium Properties R/E, Inc.

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,467

Year Built

Built in 2006

Lot Details

0

HOA Fees

$246 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: 2006
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1250
  • Other Equipment: Humidifier, Security System, Intercom, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 4
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Septic-Mechanical, Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 246
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: Millennium Properties R/E, Inc.
  • Management Contact Name: Matt Vail
  • Management Phone: 312-338-3000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • 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: 50

Tax Info

  • Tax Annual Amount: 2467
  • Tax Year: 2013

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Jul 22, 2015
Sold by
Byline Bank
Bought by
Ho Yeemee
Seller's Agent
Mark J. Reiter
5M RE, Inc.
Buyer's Agent
Qizhong Guan
Century 21 S.G.R., Inc.
List Price
$105,000
Sold Price
$115,000
Premium/Discount to List
$10,000
9.52%
Current Estimated Value
$259,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,134
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Feb 5, 2010
Sold by
Legio X Development Llc
Bought by
Community Bank Of Dupage

Purchase Details

Closed on
Oct 28, 2008
Sold by
Standard Bank & Trust Company
Bought by
Legio X Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,834
Interest Rate
5.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2007
Sold by
Pershing Development Ltd
Bought by
Standard Bank & Trust Co and Trust #19997
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
Ho Yeemee $115,000 Freedom Title Corporation
Community Bank Of Dupage -- None Available
Legio X Development Llc -- None Available
Standard Bank & Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Legio X Development Llc $853,834
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2015 11/01/15 Off Market $115,000 -- --
07/31/2015 07/31/15 Sold $115,000 +9.5% $92 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $105,000 -- $84 / 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 $3,909 $20,812 $3,498 $17,314
2023 $3,788 $21,783 $4,191 $17,592
2022 $3,788 $21,783 $4,191 $17,592
2021 $4,393 $21,781 $4,190 $17,591
2020 $1,465 $6,577 $1,699 $4,878
2019 $1,457 $7,252 $1,699 $5,553
2018 $1,433 $7,252 $1,699 $5,553
2017 $1,546 $7,181 $1,399 $5,782
2016 $1,535 $7,666 $1,399 $6,267
2015 $1,756 $9,583 $1,399 $8,184
2014 $2,391 $12,888 $1,199 $11,689
2013 $2,467 $13,566 $1,199 $12,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08935120

Midwest Real Estate Data (MRED)

APN: 20-03-201-076-1014