NOT LISTED FOR SALE

650 W Wayman St Unit 407 Chicago, IL 60661

West Loop Neighborhood

Estimated Value: $367,000 - $491,000

2 Beds
2 Baths
875 Sq Ft
1.18 Acres

Last Sold January 30, 2017

Last sale price $320,000 $366 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,703/month

Highlights

  • Fitness Center
  • Party Room
  • Balcony
  • Skinner Elementary School Rated A-
  • Sundeck
  • 2-minute walk to Fulton River Park

About This Home

As of April 2022

2 bedroom 2 bathroom condo with in-unit washer dryer in highly desirable Fulton Market District/West Loop neighborhood available for Rent! Updated kitchen with stainless steel appliances, wood flooring, balcony overlooking courtyard, and floor to ceiling windows. Extra storage locker in basement. Building offers several amenities such as exercise room, party room, business center, and outdoor terrace. Excellent and convenient location near CTA, Tasty Restaurants, Grocery Stores, Coffee Shops, Expressways, Fulton Market District and Randolph St Restaurants, and other entertainment. Schedule your showing now!

Last Agent to Rent the Property

Vikrant Saluja

Real Properties Realty Group, Inc. License #475169774 Listed on: 04/02/2022

Co-Listed By

Denise Kowalski

Real Properties Realty Group, Inc. License #471008535

Last Renter's Agent

Carina Perez

Fulton Grace Realty License #473017096

Fulton Grace Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,572

Year Built

  • Built in 2007

Lot Details

  • 1.18

Interior Spaces

  • 875 Sq Ft Home
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Property Available on 5/1/22
  • Rent includes water, scavenger, exterior maintenance, lawn care, storage lockers, snow removal

Community Details

Overview

  • 56 Units
  • Shawn Komsta Association, Phone Number (312) 335-1950
  • High-Rise Condominium
  • Property managed by First Service Residential
  • 7-Story Property

Amenities

  • Sundeck
  • Party Room
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Park
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,572

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Available Date: 2022-05-01
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2200
  • Security Deposit: YES
  • Fees/Approvals: Credit Report,Move-in Fee,Move-in Mon-Fri,Move-in Saturday,Move Out Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage
  • LivingArea: 875
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds,Screens

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 2200
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Park, Party Room, Sundeck, Receiving Room
  • Rent Includes: Water, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management Company: First Service Residential
  • Management Contact Name: Shawn Komsta
  • Management Phone: 312-335-1950

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jan 26, 2017
Sold by
Taneja Bijander and Taneja Sushma
Bought by
Nayyar Promila and Varghese Neetu
Seller's Agent
Rupal Stader-Shaw
@properties Christie's International Real Estate
Buyer's Agent
Mark Apel
Coldwell Banker Realty
Sold Price
$2,200
Current Estimated Value
$407,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,355
Avg. Annual Appreciation
2.81%
Original Mortgage
$240,000
Outstanding Balance
$201,002
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$206,553

Purchase Details

Closed on
Sep 14, 2007
Sold by
Ks Ii Residential Llc
Bought by
Taneja Bijander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,660
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nayyar Promila $320,000 Chicago Title Insurance Comp
Taneja Bijander $298,500 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nayyar Promila $240,000
Previous Owner Taneja Bijander $238,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Rented $2,250 +2.3% --
04/02/2022 04/02/22 For Rent $2,200 +15.8% --
03/08/2021 03/08/21 Rented $1,900 +5.6% --
01/04/2021 01/04/21 Price Changed $1,800 -7.7% $2 / Sq Ft
10/26/2020 10/26/20 Price Changed $1,950 -2.5% $2 / Sq Ft
09/25/2020 09/25/20 Price Changed $2,000 -7.0% $2 / Sq Ft
09/11/2020 09/11/20 For Rent $2,150 -4.4% --
09/25/2018 09/25/18 Rented $2,250 +7.1% --
09/06/2018 09/06/18 For Rent $2,100 -4.5% --
02/17/2017 02/17/17 Under Contract -- -- --
02/17/2017 02/17/17 Rented $2,200 +4.8% --
02/09/2017 02/09/17 Price Changed $2,100 -8.7% $2 / Sq Ft
02/01/2017 02/01/17 For Rent $2,300 0.0% --
01/30/2017 01/30/17 Sold $320,000 -1.5% $366 / Sq Ft View Prior Sale
12/14/2016 12/14/16 Pending -- -- --
12/01/2016 12/01/16 Price Changed $324,900 +0.3% $371 / Sq Ft
12/01/2016 12/01/16 Price Changed $324,000 -2.0% $370 / Sq Ft
10/28/2016 10/28/16 For Sale $330,500 -- $378 / 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 $6,572 $31,111 $5,784 $25,327
2023 $6,407 $31,045 $3,172 $27,873
2022 $6,407 $31,045 $3,172 $27,873
2021 $6,263 $31,043 $3,171 $27,872
2020 $5,622 $25,152 $3,171 $21,981
2019 $5,549 $27,528 $3,171 $24,357
2018 $5,455 $27,528 $3,171 $24,357
2017 $4,534 $20,992 $2,798 $18,194
2016 $4,204 $20,992 $2,798 $18,194
2015 $3,847 $20,992 $2,798 $18,194
2014 $3,127 $16,855 $2,378 $14,477
2013 $3,066 $16,855 $2,378 $14,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11363773

Midwest Real Estate Data (MRED)

APN: 17-09-301-009-1028