NOT LISTED FOR SALE

702 W Gordon Terrace Unit 1A Chicago, IL 60613

Buena Park Neighborhood

Estimated Value: $295,000 - $370,000

2 Beds
2 Baths
-- Sq Ft
$450/mo HOA Fee

Last Sold September 08, 2021

Last sale price $253,000

Est. 33% increase in value since last sale

Current estimated payment $2,472/month

6 Days on Market

Highlights

  • Formal Dining Room
  • Intercom
  • Dogs and Cats Allowed
  • Double Oven
  • Resident Manager or Management On Site

About This Home

As of September 2021

Let's make a deal!! Seller is ready to move this unit! Beautiful vintage condo at its best! High 1st floor (feels like 2nd floor).2BRs and 2Bths; Refinished hardwood floors throughout; crown moldings; high ceilings; large rooms with Living Room and separate formal dining room; Updated baths; Good-sized kitchen but can use some remodeling! Can't beat this location - half block to lake, park, and downtown transportation. Pet-friendly bldg. Laundry in bldg but can add an in-unit laundry with HOA approval. Heat included in assessment!

Last Agent to Sell the Property

Vicky Silvano

Real Broker LLC License #475096573 Listed on: 08/16/2021

Real Broker LLC

Last Buyer's Agent

Bryce Hoffman

Coldwell Banker Realty License #475166106

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1923

Lot Details

  • 0.44

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Intercom
  • Double Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Michael Lamb Association, Phone Number (847) 998-0404
  • Vintage
  • Property managed by NS Management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,889

Year Built

Built in 1923

Lot Details

0

HOA Fees

$450 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: 1923
  • 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): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Double Oven, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: Intercom, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Vinyl
  • Kitchen: Eating Area-Table Space
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 16X13

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 269900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 450
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Management
  • Management Contact Name: Michael Lamb
  • Management Phone: 847-998-0404X101

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3889
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 2, 2021
Sold by
Silver Jack E
Bought by
Bruck Asaf
Seller's Agent
Vicky Silvano
Real Broker LLC
Buyer's Agent
Bryce Hoffman
Coldwell Banker Realty
List Price
$269,900
Sold Price
$253,000
Premium/Discount to List
-$16,900
-6.26%
Current Estimated Value
$336,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,327
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Jack Llc
Bought by
Silver Jack E

Purchase Details

Closed on
Apr 16, 2009
Sold by
Silver Ronald B
Bought by
Jack Llc
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
Bruck Asaf $253,000 Attorneys Ttl Guaranty Fund
Silver Jack E -- None Available
Jack Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $253,000 -6.3% --
08/23/2021 08/23/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $269,900 0.0% --
02/15/2019 02/15/19 Rented $1,800 0.0% --
12/17/2018 12/17/18 Price Changed $1,800 -10.0% --
11/28/2018 11/28/18 For Rent $2,000 -- --
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 $3,098 $26,186 $7,839 $18,347
2023 $2,999 $18,000 $7,007 $10,993
2022 $2,999 $18,000 $7,007 $10,993
2021 $3,619 $17,999 $7,007 $10,992
2020 $3,912 $17,561 $4,379 $13,182
2019 $3,889 $19,355 $4,379 $14,976
2018 $3,823 $19,355 $4,379 $14,976
2017 $4,289 $19,922 $3,853 $16,069
2016 $3,990 $19,922 $3,853 $16,069
2015 $3,765 $20,545 $3,853 $16,692
2014 $3,442 $18,553 $2,977 $15,576
2013 $3,374 $18,553 $2,977 $15,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11190992

Midwest Real Estate Data (MRED)

APN: 14-16-303-037-1001