NOT LISTED FOR SALE

708 W Buena Ave Unit 2NE Chicago, IL 60613

Buena Park Neighborhood

Estimated Value: $294,000 - $311,000

2 Beds
1 Bath
925 Sq Ft
$355/mo HOA Fee

Last Sold April 29, 2024

Last sale price $290,000 $314 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,429/month

6 Days on Market

About This Home

As of April 2024

Welcome to your new home in the heart of Buena Park! This delightful 2-bedroom, 1-bathroom condo offers a unique blend of modern updates and classic Chicago charm. Nestled in a historic building, this condo welcomes you with hardwood floors throughout. The open concept kitchen leads you to an oversized living space. The bonus sunroom off the back boasts large windows that allow natural light to flood the space. Dining area? Book nook? Office space? You choose! Two spacious bedrooms provide ample closet space. The bathroom maintains its original charm and a vintage clawfoot bathtub, offering a cozy and relaxing atmosphere. Enjoy the convenience of in-unit laundry and additional storage space, making city living a breeze. The building itself is meticulously maintained, preserving its historical integrity. Located half a block away from the lakefront! Enjoy nearby shopping, restaurants, and easy access to public transit.

Last Agent to Sell the Property

Jacqueline Duckett

Compass License #475204061 Listed on: 03/11/2024

Compass

Last Buyer's Agent

Bonnie Trainor

Baird & Warner License #475199234

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,802

Year Built

  • Built in 1919

Lot Details

  • 8,233

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 925 Sq Ft Home
  • 3-Story Property
  • Den
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

Overview

  • Association fees include heat, water, exterior maintenance, scavenger, snow removal
  • 9 Units
  • Leon Gussow Association, Phone Number (773) 255-8477
  • Property managed by Self Managed HOA

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,802

Year Built

Built in 1919

Lot Details

0

HOA Fees

$355 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: 1919
  • Age: 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: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 925
  • Room Type: Den
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 269000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 355
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed HOA
  • Management Contact Name: Leon Gussow
  • Management Phone: 773-255-8477
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Exterior Maintenance, 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

Tax Info

  • Tax Annual Amount: 4802.09
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 25, 2024
Sold by
Kelley Timothy James
Bought by
Mathews Scott
Seller's Agent
Jacqueline Duckett
Compass
Buyer's Agent
Bonnie Trainor
Baird & Warner
List Price
$269,000
Sold Price
$290,000
Premium/Discount to List
$21,000
7.81%
Views
24
Current Estimated Value
$303,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,795
Avg. Annual Appreciation
3.25%
Original Mortgage
$228,800
Outstanding Balance
$226,672
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$75,464

Purchase Details

Listed on
May 1, 2020
Closed on
May 28, 2020
Sold by
Stahler Cynthia
Bought by
Kelley Timothy James
Seller's Agent
Marta Romeo-Waliszewska
HomeSmart Connect LLC
Buyer's Agent
Erica Bugarin
Smart Home Realty
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$200,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2015
Closed on
Jan 12, 2016
Sold by
Zohrab Nichola
Bought by
Stahler Cynthia
Seller's Agent
John Wyman
@properties Christie's International Real Estate
Buyer's Agent
Michelle OrtonLoftus
Baird & Warner
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$125,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 31, 2007
Sold by
Miller Amy Elizabeth and Miller Elizabeth Ortner
Bought by
Zohrab Nichola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Roe Charles James
Bought by
Ortner D Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
7.02%

Purchase Details

Closed on
Sep 25, 1995
Sold by
Harte Stephanie C and Harte Stephanie Claire
Bought by
Roe Charles James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.91%
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
Mathews Scott $290,000 None Listed On Document
Kelley Timothy James $250,000 Proper Title Llc
Stahler Cynthia $229,000 North American Title Company
Zohrab Nichola $210,000 Chicago Title Insurance Co
Ortner D Elizabeth $180,000 Chicago Title Insurance Co
Roe Charles James $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Scott $228,800
Previous Owner Kelley Timothy James $200,000
Previous Owner Stahler Cynthia $125,000
Previous Owner Zohrab Nichola $151,000
Previous Owner Zohrab Nichola $165,300
Previous Owner Zohrab Nichola $166,000
Previous Owner Zohrab Nichola $168,000
Previous Owner Ortner A Elizabeth $183,500
Previous Owner Ortner D Elizabeth $143,900
Previous Owner Roe Charles James $71,000
Closed Ortner D Elizabeth $17,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $290,000 +7.8% $314 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $269,000 +7.6% $291 / Sq Ft
06/05/2020 06/05/20 Sold $250,000 +4.2% --
05/05/2020 05/05/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $239,900 +4.8% --
01/29/2016 01/29/16 Sold $229,000 0.0% --
12/15/2015 12/15/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $229,000 -- --
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 $4,926 $24,210 $5,867 $18,343
2023 $4,802 $23,348 $5,244 $18,104
2022 $4,802 $23,348 $5,244 $18,104
2021 $4,695 $23,347 $5,244 $18,103
2020 $2,055 $18,877 $3,277 $15,600
2019 $2,049 $20,805 $3,277 $17,528
2018 $2,018 $20,805 $3,277 $17,528
2017 $3,469 $16,113 $2,884 $13,229
2016 $2,370 $16,113 $2,884 $13,229
2015 $2,953 $16,113 $2,884 $13,229
2014 $2,232 $14,596 $2,228 $12,368
2013 $2,176 $14,596 $2,228 $12,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12001036

Midwest Real Estate Data (MRED)

APN: 14-16-302-033-1005