NOT LISTED FOR SALE

809 E 40th St Unit 6-3 Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $160,000 - $251,000

1 Bed
1 Bath
1,050 Sq Ft
10,324 Sq Ft Lot

Last Sold November 29, 2016

Last sale price $104,000 $99 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,073/month

Highlights

  • Lock-and-Leave Community
  • Elevator
  • Soaking Tub
  • Wood Flooring
  • 1 Car Attached Garage
  • 5-minute walk to Mandrake Park

About This Home

As of September 2021

Come check out this gorgeous 1Bed/1Bath loft condo located in Oakland neighborhood. This unit comes with hardwood floors throughout the entire unit, in-unit washer and dryer, stainless steel appliances, granite counter tops, wine cooler, exposed brick walls throughout. Balcony facing east with exposure of the Lake. To top it all about this condo it comes with one personal garage spot. Cats and small dogs are welcome with a one time fee.... FEES/DEPOSITS ASSOCIATED WITH MOVING IN AND OUT OF CONDO. $600 one time non-refundable move in fee to Lessor. $300 non-refundable condo move in/out fee. $250 refundable condo move in/out deposit. Tenant is responsible for funds within moving in and out of condo building. Upon completion and verification that no damage has occurred, deposit funds will be returned within 5 business days.

Last Agent to Rent the Property

Chris Smith

Coldwell Banker Realty License #473013935 Listed on: 09/03/2021

Coldwell Banker Realty

Co-Listed By

Sheila Ward

Star Realty & Management License #471020385

Last Renter's Agent

Tatiera Harris

Coldwell Banker Realty License #473018160

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1920 | Remodeled in 2006

Lot Details

  • 10,324

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,050 Sq Ft Home
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 9/15/21
  • Rent includes water, parking, scavenger, exterior maintenance, lawn care, snow removal

Community Details

Overview

  • 21 Units
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Elevator

Pet Policy

  • Pets up to 20 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Year Built

Built in 1920 | Remodeled in 2006

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2021-09-15
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1850
  • Security Deposit: 0
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Move Out Fee,Refundable Damage Deposit
  • Max Pet Weight: 20

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo-Loft
  • Property Sub-Type: Attached
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access,Non-Smoking Building,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2006
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2006

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1050
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Kitchen Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • MRD_MBB: None
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 15X11

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Neutered and/or Declawed Only, Number Limit, Size Limit
  • Association Amenities: Elevator(s), Security Door Lock(s)
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal

Lot Info

  • Lot Dimensions: 70X150
  • Rural (Y/N): N

Multi Family

  • Units in Building: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 28, 2016
Sold by
Alliance For Revitalized Communities Llc
Bought by
Tyler Keesha A and Tyler Terrence
Seller's Agent
John Gall
RCI Preferred Realty
Buyer's Agent
Jerome Wade
Wade Realty Group
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Current Estimated Value
$179,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,143
Avg. Annual Appreciation
6.66%
Original Mortgage
$78,000
Outstanding Balance
$62,315
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$124,512

Purchase Details

Closed on
May 12, 2016
Sold by
Fannie Mae
Bought by
Alliance For Revitalized Communities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,200
Interest Rate
3.66%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2014
Sold by
Paunescu Maria and Freedom Mortgage Corporation
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 27, 2006
Sold by
809 40Th Street Inc
Bought by
Paunescu Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.49%
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
Tyler Keesha A $104,000 Chicago Title
Alliance For Revitalized Communities Llc -- First American Title Insuran
Federal National Mortgage Association -- None Available
Paunescu Maria $195,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Keesha A $78,000
Previous Owner Alliance For Revitalized Communities Llc $82,200
Previous Owner Paunescu Maria $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Rented -- -- --
09/15/2021 09/15/21 For Rent -- -- --
09/04/2021 09/04/21 Under Contract -- -- --
09/03/2021 09/03/21 For Rent $1,850 +12.1% --
04/23/2019 04/23/19 Rented $1,650 0.0% --
04/03/2019 04/03/19 Under Contract -- -- --
03/28/2019 03/28/19 Off Market $1,650 -- --
03/25/2019 03/25/19 For Rent $1,650 +3.1% --
04/16/2018 04/16/18 Rented $1,600 0.0% --
04/02/2018 04/02/18 Under Contract -- -- --
03/05/2018 03/05/18 For Rent $1,600 0.0% --
11/29/2016 11/29/16 Sold $104,000 -5.4% $122 / Sq Ft View Prior Sale
09/13/2016 09/13/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $109,900 -- $129 / 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 $1,626 $13,333 $867 $12,466
2024 $1,626 $13,333 $867 $12,466
2023 $1,564 $11,000 $888 $10,112
2022 $1,564 $11,000 $888 $10,112
2021 $1,547 $10,999 $888 $10,111
2020 $1,717 $7,882 $421 $7,461
2019 $1,746 $8,691 $421 $8,270
2018 $1,717 $8,691 $421 $8,270
2017 $2,058 $9,562 $346 $9,216
2016 $1,915 $9,562 $346 $9,216
2015 $1,752 $9,562 $346 $9,216
2014 $1,992 $10,735 $297 $10,438
2013 $1,952 $10,735 $297 $10,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11209106

Midwest Real Estate Data (MRED)

APN: 20-02-105-030-1020