NOT LISTED FOR SALE

809 E 40th St Unit 5-1 Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $227,000 - $299,000

2 Beds
2 Baths
1,250 Sq Ft
$188/mo HOA Fee

Last Sold October 09, 2013

Last sale price $85,000 $68 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,802/month

11 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Bar
  • East or West Exposure
  • Balcony
  • Forced Air Heating and Cooling System
  • 5-minute walk to Mandrake Park

About This Home

As of October 2013

CASH BUYERS ONLY! Short sale in Oakland neighborhood only true loft in rehabbed building marble bath hardwood floors, stainless steel appliances. This building has everything and the unit is gorgeous. Don't miss out in a neighborhood sure to appreciate in value long term. Parking included in price! CASH BUYERS ONLY!!

Last Agent to Sell the Property

Kevin Green

@properties Christie's International Real Estate License #475134314 Listed on: 07/25/2013

@properties Christie's International Real Estate

Last Buyer's Agent

Kevin Green

@properties Christie's International Real Estate License #475134314 Listed on: 07/25/2013

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Lot Details

  • 10,324

HOA Fees

  • $188 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Gas Log Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Home Security

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Balcony
  • East or West Exposure

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Disability Access: Yes
  • Disability Access Details: 36 inch or more wide halls, Doors w/Lever Handles, Entry Slope less than 1 foot, Wheelchair Accessible
  • Unit Floor Level: 5
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo-Loft
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: TV-Cable, Intercom, Fire Sprinklers, CO Detectors
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1250
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: N (North), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Developer Controls
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 188
  • Management Contact Name: Front Desk
  • Management Phone: 773-472-2300

Fee Information

  • Management Company: Kane Management

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 70X150X70X150
  • Parcel Identification Number: 20021050301013

Multi Family

  • Total Number Unitsin Building: 21
  • Number Stories: 6

Tax Info

  • Taxes: 3600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Oct 5, 2013
Sold by
Johnson Kathy Lynn and Johnson Kathy L
Bought by
Roland Latonia
Seller's Agent
Kevin Green
@properties Christie's International Real Estate
Buyer's Agent
Kevin Green
@properties Christie's International Real Estate
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$251,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,323
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Feb 21, 2007
Sold by
809 40Th Street Inc
Bought by
Johnson Kathy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roland Latonia $85,000 None Available
Johnson Kathy Lynn $280,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Kathy Lynn $223,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2013 10/09/13 Sold $85,000 -14.1% $68 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $99,000 -- $79 / 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
2025 $3,598 $20,556 $1,337 $19,219
2024 $3,598 $20,556 $1,337 $19,219
2023 $3,507 $17,000 $1,369 $15,631
2022 $3,507 $17,000 $1,369 $15,631
2021 $3,429 $16,999 $1,369 $15,630
2020 $2,707 $12,152 $649 $11,503
2019 $2,692 $13,399 $649 $12,750
2018 $2,647 $13,399 $649 $12,750
2017 $3,174 $14,743 $534 $14,209
2016 $2,953 $14,743 $534 $14,209
2015 $2,702 $14,743 $534 $14,209
2014 $3,071 $16,551 $458 $16,093
2013 -- $16,551 $458 $16,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08403444

Midwest Real Estate Data (MRED)

APN: 20-02-105-030-1013