NOT LISTED FOR SALE

6901 S Oglesby Ave Unit 2B Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $159,000 - $181,000

3 Beds
3 Baths
2,600 Sq Ft
0.6 Acres

Last Sold May 18, 2020

Last sale price $63,000 $24 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $979/month

Highlights

  • Party Room
  • Balcony
  • Intercom
  • Elevator
  • 1 Car Attached Garage
  • 2-minute walk to Hasan Park

About This Home

As of May 2022

Live in the prestigious 6901 E Oglesby and be part of the resurgence of this historic South Shore condominium building. The building is a historic landmark with only 40 units, 2 units per floor. This 3 bedroom/3 bathroom unit (2500 +/- sqft) has been completely updated/remodeled throughout. You will not find a larger and more well built building in the Chicagoland Area. History dates back to the early 1900's with many known and famous people calling this building home. Great location near the Obama library site, the Jackson Park golf course and South Shore Cultural Center.

Last Agent to Rent the Property

Jeffrey Toth

HomeSmart Connect LLC License #475139583 Listed on: 05/04/2022

HomeSmart Connect LLC

Last Renter's Agent

Briana Lester

REMAX PREMIER License #475188656

REMAX PREMIER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1928 | Remodeled in 2021

Lot Details

  • 0.6

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,600 Sq Ft Home
  • Living Room
  • Dining Room
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 5/3/22
  • Rent includes heat, water, scavenger, security, doorman, lawn care, storage lockers, snow removal

Community Details

Overview

  • 40 Units
  • Patrick Association, Phone Number (773) 472-2300
  • Property managed by Kane Management
  • 11-Story Property

Amenities

  • Party Room
  • Laundry Facilities
  • Elevator
  • Service Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,058

Year Built

Built in 1928 | Remodeled in 2021

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-05-03
  • Lease Amount: 70
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2250
  • Is Parking Included in Price: No
  • Fees/Approvals: Move-in Fee,Move-in Mon-Fri,Move-in Saturday

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2021
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2600
  • Room Type: Balcony/Porch/Lanai, Pantry
  • Stories Total: 11
  • Estimated Total Finished Sq Ft: 2600
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2600
  • Total Sq Ft: 2600
  • Main Level Sq Ft: 2600

Exterior Features

  • List Price: 2250
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Steam, Radiator(s)
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Elevator(s), Storage, On Site Manager/Engineer, Party Room, Service Elevator(s), Intercom, Security
  • Rent Includes: Heat, Water, Scavenger, Security, Doorman, Lawn Care, Storage Lockers, Snow Removal
  • Management: Manager Off-site
  • Management Company: Kane Management
  • Management Contact Name: Patrick
  • Management Phone: 773-472-2300

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
May 13, 2020
Sold by
Community Initiatives Inc
Bought by
Toth Jeff
Seller's Agent
Andre Collins
Andre Collins
Buyer's Agent
Jeffrey Toth
HomeSmart Connect LLC
List Price
$75,000
Sold Price
$63,000
Premium/Discount to List
-$12,000
-16%
Current Estimated Value
$169,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,960
Avg. Annual Appreciation
20.13%

Purchase Details

Closed on
Aug 27, 2019
Sold by
Fannie Mae
Bought by
Community Initiatives Inc

Purchase Details

Closed on
Oct 26, 2010
Sold by
6901 Oglesby Avenue Apartment Building C
Bought by
Berardo Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2010
Sold by
Chicago Title Land Trust Company
Bought by
6901 Oglesby Avenue Apartment Building C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Toth Jeff $61,000 First American Title
Community Initiatives Inc $75,000 First American Title
Berardo Janet A -- First Title & Escrow
6901 Oglesby Avenue Apartment Building C -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berardo Janet A $168,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Rented $2,250 0.0% --
05/04/2022 05/04/22 For Rent $2,250 0.0% --
05/18/2020 05/18/20 Sold $63,000 -8.7% $30 / Sq Ft View Prior Sale
04/30/2020 04/30/20 Pending -- -- --
04/15/2020 04/15/20 Price Changed $69,000 -1.4% $33 / Sq Ft
02/24/2020 02/24/20 Price Changed $70,000 -6.7% $33 / Sq Ft
02/12/2020 02/12/20 For Sale $75,000 0.0% $36 / Sq Ft
01/27/2020 01/27/20 For Sale $75,000 +19.0% $36 / Sq Ft
01/17/2020 01/17/20 Off Market $63,000 -- --
01/13/2020 01/13/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $75,000 -- $36 / 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 $1,058 $16,368 $963 $15,405
2023 $1,028 $5,000 $777 $4,223
2022 $1,028 $5,000 $777 $4,223
2021 $1,005 $4,999 $776 $4,223
2020 $1,255 $5,633 $776 $4,857
2019 $1,246 $6,202 $776 $5,426
2018 $1,225 $6,202 $776 $5,426
2017 $1,949 $9,053 $683 $8,370
2016 $956 $9,053 $683 $8,370
2015 $1,250 $11,316 $683 $10,633
2014 $1,448 $12,206 $559 $11,647
2013 $1,400 $12,206 $559 $11,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11393790

Midwest Real Estate Data (MRED)

APN: 20-24-420-030-1002