NOT LISTED FOR SALE

940 W College Pkwy Unit 940 Chicago, IL 60608

Little Italy Neighborhood

Estimated Value: $521,000 - $658,000

3 Beds
2.5 Baths
2,050 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $580,500 $283 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,469/month

5 Days on Market

Highlights

  • Rooftop Deck
  • Mature Trees
  • Wood Flooring
  • Landscaped Professionally
  • Property is near a park
  • End Unit

About This Home

As of July 2022

***SELLERS ARE ASKING FOR HIGHEST/BEST OFFERS BY 5:00 PM MONDAY THE 13TH***This sun-filled corner unit town home, located in University Village, is set in a mature tree-lined courtyard which gives the window views a "tree house" like feeling. SPEAKING OF VIEWS, the huge (38' x 22') wrap around roof top deck gives an unparalleled view of the Chicago Skyline. A newly installed serving kitchen in the "dog house" landing area on the interior top floor (cabinets, a dishwasher, and stainless steel sink) means that there is no need to run down two flights of stairs when the roof-top entertaining has begun. The main level has a large open living room/dining room combination. Custom built-ins surround the gas fireplace and TV wall. Pristine medium walnut-stained Oak Flooring runs throughout the first floor, staircase to the second floor, and continues through the entire second floor. The chef's kitchen has dark granite countertops and a center island for food prep and pull up dining. There is also a large space for a cozy kitchen dining table. A 5'6" x 20'3" balcony opens off of the kitchen with a gas line for grilling. A charming 1/2 bath rounds out the main floor. The second floor has a spacious en suite primary whose spa-like bathroom has a separate shower and double sinks. Two other bedrooms, another full bath and laundry finish out the second floor. Recent updates include new Trex decking on the rooftop deck surface and the deck surface on the balcony off of the kitchen, new slider on top floor deck, sink, cabinets, dishwasher in "dog house" off of rooftop deck, rooftop retractable canvas awning, replaced HVAC system 10/21, H2O heater 2018, fibered aluminum reflective roof coating 2017, installed hardwood oak flooring on entire second floor and on the staircase, and insulated garage door.

Last Agent to Sell the Property

Jeffrey O'Connor

@properties Christie's International Real Estate License #475165874 Listed on: 06/09/2022

@properties   Christie's International Real Estate

Last Buyer's Agent

Cecil Sabu

ALLURE Real Estate License #471019943

ALLURE Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,996

Year Built

  • Built in 2003 | Remodeled in 2016

Lot Details

  • End Unit
  • Partially Fenced Property
  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2,050 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Terra Patterson Association, Phone Number (773) 360-4981
  • University Village Subdivision
  • Property managed by Associa Chicagoland

Recreation

  • Park

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,996

Year Built

Built in 2003 | Remodeled in 2016

Lot Details

0

HOA Fees

$416 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: University Village
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Built-in Features, Bookcases, Ceiling - 10 Foot, Some Window Treatmnt, Drapes/Blinds, Granite Counters
  • LivingArea: 2050
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Sliding Glass Door(s)

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck, Storms/Screens, Outdoor Grill, End Unit
  • List Price: 565000
  • Lot Features: Landscaped, Park Adjacent, Mature Trees, Outdoor Lighting, Partial Fencing, Sidewalks, Streetlights
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 416
  • Association Amenities: Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Terra Patterson
  • Management Phone: 773-360-4981
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 7995.79
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 20, 2022
Sold by
Eileen Pembroke Trust
Bought by
Mocherla Anisha Lakshmi and Patel Akshay Dipak
Seller's Agent
Jeffrey O'Connor
@properties Christie's International Real Estate
Buyer's Agent
Cecil Sabu
ALLURE Real Estate
List Price
$565,000
Sold Price
$580,500
Premium/Discount to List
$15,500
2.74%
Current Estimated Value
$602,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,250
Avg. Annual Appreciation
1.38%
Original Mortgage
$580,500
Outstanding Balance
$557,682
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$48,011

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 18, 2022
Sold by
Pembroke Eileen and Eileen Pembroke Trust
Bought by
Patel Akshay Pipak and Mocherla Anisha Dipak
Seller's Agent
Jeffrey O'Connor
@properties Christie's International Real Estate
Buyer's Agent
Cecil Sabu
ALLURE Real Estate
List Price
$565,000
Sold Price
$580,500
Premium/Discount to List
$15,500
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,500
Outstanding Balance
$557,682
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$48,011

Purchase Details

Listed on
Aug 14, 2014
Closed on
Mar 13, 2015
Sold by
Judeh Maen
Bought by
Eileen Pembroke Trust
Seller's Agent
Eugene Fu
@properties Christie's International Real Estate
Buyer's Agent
Terri Buseman
RE/MAX Premier
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Dec 2, 2005
Sold by
Ramirez Javier
Bought by
Judeh Maen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,200
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2005
Sold by
South Campus Development Team Llc
Bought by
Ramirez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,200
Interest Rate
5.89%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mocherla Anisha Lakshmi $580,500 Prairie Title
Patel Akshay Pipak $580,500 --
Eileen Pembroke Trust $475,000 Ctt
Judeh Maen $483,000 First American Title Ins Co
Ramirez Javier $428,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mocherla Anisha Lakshmi $580,500
Closed Patel Akshay Dipar $580,500
Closed Patel Akshay Pipak $580,500
Previous Owner Judeh Maen $319,245
Previous Owner Judeh Maen $340,000
Previous Owner Judeh Maen $360,000
Previous Owner Judeh Maen $360,000
Previous Owner Judeh Maen $376,500
Previous Owner Judeh Maen $386,200
Previous Owner Ramirez Javier $65,200
Previous Owner Ramirez Javier $342,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $580,500 +2.7% $283 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $565,000 +18.9% $276 / Sq Ft
03/17/2015 03/17/15 Sold $475,000 -2.9% $232 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
09/29/2014 09/29/14 Price Changed $489,000 -2.2% $239 / Sq Ft
09/03/2014 09/03/14 For Sale $500,000 +5.3% $244 / Sq Ft
08/29/2014 08/29/14 Off Market $475,000 -- --
08/14/2014 08/14/14 For Sale $500,000 -- $244 / 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 $9,233 $57,882 $5,447 $52,435
2023 $8,415 $46,930 $3,307 $43,623
2022 $8,415 $46,930 $3,307 $43,623
2021 $8,258 $46,928 $3,306 $43,622
2020 $7,956 $41,179 $3,306 $37,873
2019 $7,852 $45,125 $3,306 $41,819
2018 $7,717 $45,125 $3,306 $41,819
2017 $8,948 $47,500 $2,917 $44,583
2016 $8,656 $47,500 $2,917 $44,583
2015 $8,224 $47,500 $2,917 $44,583
2014 $4,948 $29,236 $2,480 $26,756
2013 $4,839 $29,236 $2,480 $26,756
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11429352

Midwest Real Estate Data (MRED)

APN: 17-20-232-096-1001