NOT LISTED FOR SALE

7240 N Hamilton Ave Unit 3A Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $205,000 - $235,000

2 Beds
2 Baths
1,100 Sq Ft
$290/mo HOA Fee

Last Sold November 30, 2016

Last sale price $132,500 $120 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,652/month

45 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • Southern Exposure
  • Stainless Steel Appliances
  • Baseboard Heating

About This Home

As of November 2016

Beautiful newly rehabbed sun-filled top floor unit in quiet building on attractive tree-lined street. Brand new kitchen with granite countertops, SS appliances, new cabinets with wonderful storage and in-unit washer/dryer. Freshly painted neutral throughout. Living room with open flow to dining room, two large bedrooms, hardwood floors most rooms. Great closet space, newly updated master half bath and brand new full bath. All newer windows. This well-maintained condo building has new vestibule doors, hallway carpeting and security. Included is one parking space, storage locker and coin laundry in basement. Nothing to do but Move Right In!

Last Agent to Sell the Property

Lenora Knudson

RE/MAX Properties Northwest License #475095289 Listed on: 08/28/2016

RE/MAX Properties Northwest

Last Buyer's Agent

Aman Abaomer

Dralyuk Real Estate Inc. License #475128197

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,743

Year Built

  • 1966

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $290 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off Alley Driveway
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Eco-Friendly Details

  • North or South Exposure

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,743

Year Built

1966

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1966

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 9X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 9X13, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 11X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1100
  • Dining Room Type: L-shaped

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Off Alley
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Storage
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 290
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 100 X 125 X 100 X 125
  • Lot Description: Common Grounds
  • Parcel Identification Number: 11303210661003

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 3

Tax Info

  • Taxes: 2189.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Abebe Tamerat and Abebe Genet
Bought by
Abebe Tamerat
Current Estimated Value
$216,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$101,961
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$114,397

Purchase Details

Listed on
Aug 28, 2016
Closed on
Nov 20, 2016
Sold by
Tuite Andrew D
Bought by
Abebe Tamerat and Abebe Genet
Seller's Agent
Lenora Knudson
RE/MAX Properties Northwest
Buyer's Agent
Aman Abaomer
Dralyuk Real Estate Inc.
List Price
$140,000
Sold Price
$132,500
Premium/Discount to List
-$7,500
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$119,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2008
Sold by
Johnson Kenneth I and Johnson Sonia M
Bought by
Tuite Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1998
Sold by
Gl Development Inc
Bought by
Johnson Kenneth I and Lascelles Sonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.88%
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
Abebe Tamerat -- National Link
Abebe Tamerat $132,500 Greater Illinois Title
Tuite Andrew D $160,000 Premier Title
Johnson Kenneth I $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abebe Tamerat $112,000
Closed Abebe Tamerat $119,250
Previous Owner Tuite Andrew D $112,000
Previous Owner Johnson Kenneth I $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $132,500 -5.4% $120 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
08/28/2016 08/28/16 For Sale $140,000 -- $127 / 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 $2,743 $17,509 $2,109 $15,400
2023 $2,674 $13,001 $1,688 $11,313
2022 $2,674 $13,001 $1,688 $11,313
2021 $2,614 $12,999 $1,687 $11,312
2020 $1,918 $8,611 $1,593 $7,018
2019 $1,919 $9,553 $1,593 $7,960
2018 $1,887 $9,553 $1,593 $7,960
2017 $2,604 $12,095 $1,406 $10,689
2016 $1,922 $12,095 $1,406 $10,689
2015 $1,736 $12,095 $1,406 $10,689
2014 $2,189 $14,367 $1,265 $13,102
2013 $2,135 $14,367 $1,265 $13,102
Source: Public Records

Agents Affiliated with this Home

  • Lenora Knudson

    Seller's Agent in 2016

    Lenora Knudson

    RE/MAX Properties Northwest

    (847) 657-9100

    1 in this area

    13 Total Sales

    Lenora Knudson
    Section Image
  • Aman Abaomer

    Buyer's Agent in 2016

    Aman Abaomer

    Dralyuk Real Estate Inc.

    (773) 807-4780

    14 in this area

    21 Total Sales

    Aman Abaomer
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09328611

Midwest Real Estate Data (MRED)

APN: 11-30-321-066-1003

Illinois Cook County Chicago 60645 West Ridge

7240 N Hamilton Ave Unit 3A, Chicago, IL

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