NOT LISTED FOR SALE

802 W University Ln Unit 1B Chicago, IL 60608

Little Italy Neighborhood

Estimated Value: $331,000 - $373,000

2 Beds
2 Baths
1,300 Sq Ft
$270/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $315,000 $242 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,379/month

About This Home

As of July 2022

Live large in this spacious two bedroom, two bath condo, boasting 1200 square feet! Ground floor unit with hardwood floors throughout, crisp white panel doors, airy main living area infused with soothing, dappled daylight. Open galley kitchen, stainless steel appliances, custom tile backsplash, canned lighting oversized counter height island illuminated by a delightful chandelier. A wonderful indoor/outdoor connection with direct access to four private outdoor spaces. Retreat to the primary suite with a dual sink vanity and soaking tub. Well appointed secondary bedroom and bath. The convenience of an in unit washer and dryer. University Village is adjacent to the energy of UIC, the pulse of Pilsen and vibrancy of the West and South Loop. Offering numerous parks, athletic fields, two playgrounds, pet areas, and grounds to stroll and explore. Conveniently located to all expressways, CTA, Metra, Blue and Pink lines. Assigned parking space #1, included in rent and gated lot! Available August 1st.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 29, 2022
Sold by
Sagun Jeric C
Bought by
Pappachen Megha Summer and Saxena Neena
Seller's Agent
Cory Tanzer
Option Premier LLC
Buyer's Agent
Cory Tanzer
Option Premier LLC
List Price
$334,999
Sold Price
$315,000
Premium/Discount to List
-$19,999
-5.97%
Current Estimated Value
$351,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,298
Avg. Annual Appreciation
4.24%
Original Mortgage
$252,000
Outstanding Balance
$242,392
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$111,401

Purchase Details

Closed on
Dec 20, 2002
Sold by
South Campus Development Team Llc
Bought by
Sagun Jeric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
4.6%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Pappachen Megha Summer $315,000 Chicago Title
Sagun Jeric C $219,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pappachen Megha Summer $252,000
Previous Owner Muhammad Khalid $55,000
Previous Owner Sagun Jeric C $220,000
Previous Owner Sagun Jeric $252,000
Previous Owner Sugun Jeric $25,000
Previous Owner Sagun Jeric $256,800
Previous Owner Sagun Jeric C $256,000
Previous Owner Sagun Jeric C $229,500
Previous Owner Sagun Jeric C $25,000
Previous Owner Sagun Jeric C $194,000
Previous Owner Sagun Jeric C $197,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Rented $2,600 0.0% --
07/14/2023 07/14/23 Off Market $2,600 -- --
07/05/2023 07/05/23 For Rent $2,600 +4.0% --
10/21/2022 10/21/22 Rented $2,500 0.0% --
07/24/2022 07/24/22 Under Contract -- -- --
07/22/2022 07/22/22 For Rent $2,500 0.0% --
07/15/2022 07/15/22 Sold $315,000 -6.0% $242 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $334,999 0.0% $258 / Sq Ft
06/27/2019 06/27/19 Rented $2,000 0.0% --
06/27/2019 06/27/19 For Rent $2,000 0.0% --
06/24/2019 06/24/19 Off Market $2,000 -- --
06/15/2019 06/15/19 For Rent $2,000 +5.5% --
09/02/2016 09/02/16 Rented $1,895 -1.6% --
08/24/2016 08/24/16 Price Changed $1,925 -3.8% $1 / Sq Ft
08/19/2016 08/19/16 For Rent $2,000 -- --

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 $5,063 $31,127 $5,333 $25,794
2023 $5,063 $27,952 $3,238 $24,714
2022 $5,063 $27,952 $3,238 $24,714
2021 $4,967 $27,952 $3,238 $24,714
2020 $4,806 $24,604 $3,238 $21,366
2019 $4,744 $26,962 $3,238 $23,724
2018 $4,662 $26,962 $3,238 $23,724
2017 $3,841 $21,156 $2,857 $18,299
2016 $3,737 $21,156 $2,857 $18,299
2015 $3,396 $21,156 $2,857 $18,299
2014 $3,260 $20,141 $2,428 $17,713
2013 $3,185 $20,141 $2,428 $17,713
Source: Public Records

Agents Affiliated with this Home

  • Cory Tanzer

    Seller's Agent in 2023

    Cory Tanzer

    Option Premier LLC

    (312) 218-4483

    192 in this area

    428 Total Sales

    Cory Tanzer
    Section Image
  • Andrew Stoffer

    Seller Co-Listing Agent in 2023

    Andrew Stoffer

    Option Premier LLC

    (630) 957-8797

    31 in this area

    49 Total Sales

    Andrew Stoffer
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Saigh

    Fulton Grace Realty

    (773) 698-6648

    4 Total Sales

    Jennifer Saigh
    Section Image

  • G

    Seller's Agent in 2019

    Gilbert Tolentino

    My Town Realty Group Inc

    (708) 624-1580

    Section Image
  • Lisa Marts

    Buyer's Agent in 2019

    Lisa Marts

    Lisa Marts

    (630) 418-4737

    Section Image

  • M

    Buyer's Agent in 2016

    Marian Cotor

    Chicagoland Brokers, Inc.

    8 Total Sales

    Marian Cotor
    Section Image
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Map

Illinois Cook County Chicago 60607 Little Italy

802 W University Ln Unit 1B, Chicago, IL

Homes for Sale in Chicago, IL

This home is located at 802 W University Ln Unit 1B, Chicago, IL 60608 and is currently estimated at $351,298, approximately $270 per square foot. 802 W University Ln Unit 1B is a home located in Cook County with nearby schools including John M. Smyth Elementary I.B. World School, Wells Community Academy High School, and Youth Connection Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.