NOT LISTED FOR SALE

8540 W Rascher Ave Unit 2N Chicago, IL 60656

O'Hare Neighborhood

Estimated Value: $125,000 - $182,000

1 Bed
1 Bath
650 Sq Ft
11,456 Sq Ft Lot

Sale Details

Date Sold: April 14, 2021

Last sale price $109,000 $168 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,120 / mo

17 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 1-minute walk to Grandparents' Park
  • Property is near bus stop

About This Home

As of April 2021

Second-floor condominium being sold as-is. 1bd/1ba. Nice layout with lots of storage - six (6) closets! New bathroom, updates throughout. Beautiful hardwood floors. Freshly painted. Deeded parking. Building has new heat, roof, gutters (2017). Assessment $185 p/mo. Rentals are allowed.

Last Agent to Sell the Property

James Beecher

Realty Executives Premier Illinois License #475185447 Listed on: 02/28/2021

Realty Executives Premier Illinois

Co-Listed By

Carol Dobrzynski

Realty Executives Premier Illinois License #475170372

Last Buyer's Agent

Roxana Iacob

Key Realty, Inc. License #475173269

Key Realty, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • 1967

Lot Details

  • 0.26

HOA Fees

  • $185 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • Wood Flooring
  • Property is near bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1967

Lot Details

0.26 Acres

HOA Fees

$185 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Square Footage Comments: BUYERS TO VERIFY SQ FOOTAGE
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 650
  • Estimated Year Built: 1967
  • Type Attached: Condo, Courtyard, Low Rise (1-3 Stories)
  • Total Sq Ft: 650
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1967

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 3
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Equipment: TV-Cable
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 650
  • Estimated Total Finished Sq Ft: 650
  • Main Level Sq Ft: 650

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Coin Laundry
  • Assessment Includes: Water, Gas
  • Assessment Association Fees: 185
  • Management Phone: 773-744-5692

Fee Information

  • Management Company: 8540-44 W Rascher Condo

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 12111200411005

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 1373.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Apr 13, 2021
Sold by
Copak Joseph M
Bought by
Edilberto Garcia and Edilberto Monja Rosales
Seller's Agent
James Beecher
Realty Executives Premier Illinois
Buyer's Agent
Roxana Iacob
Key Realty, Inc.
List Price
$112,900
Sold Price
$109,000
Premium/Discount to List
-$3,900
-3.45%
Current Estimated Value
$155,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,268
Avg. Annual Appreciation
7.39%
Original Mortgage
$87,200
Outstanding Balance
$79,015
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$76,253

Purchase Details

Closed on
Jul 2, 2014
Sold by
Penesis Dean and Dean Penesis Trust
Bought by
Copak Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Penesis Dean and Dean Penesis Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edilberto Garcia $109,000 Precision Title
Copak Joseph M $67,000 Pntn Inc
Penesis Dean $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edilberto Garcia $87,200
Previous Owner Copak Joseph M $50,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $109,000 -3.5% $168 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $112,900 -- $174 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,273 $11,266 $1,987 $9,279
2024 $1,273 $11,266 $1,987 $9,279
2023 $1,202 $12,000 $1,589 $10,411
2022 $1,202 $12,000 $1,589 $10,411
2021 $2,413 $11,999 $1,589 $10,410
2020 $1,372 $6,158 $993 $5,165
2019 $1,373 $6,835 $993 $5,842
2018 $1,350 $6,835 $993 $5,842
2017 $1,566 $7,276 $874 $6,402
2016 $1,457 $7,276 $874 $6,402
2015 $1,333 $7,276 $874 $6,402
2014 $1,529 $8,239 $834 $7,405
2013 $679 $8,239 $834 $7,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11005992

Midwest Real Estate Data (MRED)

APN: 12-11-120-041-1005

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