NOT LISTED FOR SALE

6551 W School St Unit 202B Chicago, IL 60634

Schorsch Village Neighborhood

Estimated Value: $200,000 - $251,132

2 Beds
2 Baths
-- Sq Ft
$305/mo HOA Fee

Last Sold June 24, 2022

Last sale price $164,143

Est. 42% increase in value since last sale

Current estimated payment $1,827/month

111 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Dogs and Cats Allowed

About This Home

As of June 2022

Rarely do condos come available in the highly sought after Schorsch Village community and this two bedroom, two bath condo features gleaming hardwood floors throughout the unit, there is a large open living room with sliding glass doors that lead to a private balcony, the unit also offers a very spacious kitchen with eat in area, both bedrooms are generously sized and the bathrooms are in very good condition. This unit is move in ready, at this price point it provides a great value for a buyer looking to get in a hot community while having the ability to build equity over time. There is a washer/Dryer in the unit as well and offers assigned parking. Units do not come available often in this community and this one will not last long!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 02/11/2022

RE/MAX Premier

Last Buyer's Agent

Damian Wojcik

Chicagoland Brokers, Inc. License #475179660

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 1994

Lot Details

  • 2.66

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, electricity, gas, parking, insurance, exterior maintenance, snow removal
  • 18 Units
  • Manager Association, Phone Number (847) 813-5939
  • Arbor Lane Condos Subdivision
  • Property managed by McKenzie Mangement

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,745

Year Built

Built in 1994

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Arbor Lane Condos
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 172900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 305
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: McKenzie Mangement
  • Management Contact Name: Manager
  • Management Phone: 847-813-5939
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Electricity, Gas, Parking, Insurance, Exterior Maintenance, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2745.19
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jun 16, 2022
Sold by
Vrmtg Asset Trust
Bought by
Jarka Company
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Damian Wojcik
Chicagoland Brokers, Inc.
List Price
$172,900
Sold Price
$164,143
Premium/Discount to List
-$8,757
-5.06%
Current Estimated Value
$233,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,890
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Feb 9, 2022
Sold by
Intercounty Judicial Sales Corp
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Jan 31, 2022
Sold by
Intercounty Judicial Sales Corp
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Jul 1, 2011
Sold by
Borges Sebastian and Borges Lourdes
Bought by
Borges Sebastian and Borges Lourdes

Purchase Details

Closed on
Aug 7, 2000
Sold by
Shalla Peter P
Bought by
Borges Sebastian and Borges Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
8.12%
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
Jarka Company $164,500 None Listed On Document
Us Bank Trust Na -- --
Us Bank Trust Na -- --
Us Bank Trust Na -- --
Borges Sebastian -- None Available
Borges Sebastian $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borges Sebastian $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $164,143 -5.1% --
06/03/2022 06/03/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $172,900 0.0% --
04/18/2022 04/18/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $172,900 0.0% --
04/07/2022 04/07/22 For Sale $172,900 0.0% --
04/06/2022 04/06/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $172,900 0.0% --
03/31/2022 03/31/22 Pending -- -- --
03/02/2022 03/02/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $172,900 -- --
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 $3,587 $20,973 $4,577 $16,396
2023 $3,496 $17,000 $3,661 $13,339
2022 $3,496 $17,000 $3,661 $13,339
2021 $3,418 $16,999 $3,661 $13,338
2020 $2,745 $12,323 $1,634 $10,689
2019 $2,772 $13,799 $1,634 $12,165
2018 $2,726 $13,799 $1,634 $12,165
2017 $1,446 $12,792 $1,438 $11,354
2016 $2,562 $12,792 $1,438 $11,354
2015 $1,520 $12,792 $1,438 $11,354
2014 $2,001 $15,187 $1,372 $13,815
2013 $1,942 $15,187 $1,372 $13,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11322656

Midwest Real Estate Data (MRED)

APN: 13-19-431-034-1029