NOT LISTED FOR SALE

40 N Menard Ave Unit 1A Chicago, IL 60644

Austin Neighborhood

Estimated Value: $97,000 - $152,000

2 Beds
1 Bath
800 Sq Ft
0.6 Acres

Last Sold January 17, 2013

Last sale price $27,500 $34 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $726/month

Highlights

  • Wood Flooring
  • Laundry Room
  • Family Room
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Beautiful 2BD/1BTH condo on Menard street. Hardwood floors throughout the unit, central air/heat, fully equipped kitchen with beautiful cabinets and countertops, in unit washer & dryer and very spacious bedrooms. Street parking only. Unit is half a block away from the #20 bus and walking distance to many shops, bars, etc. AVAILABLE NOW! OWNER IS ASKING FOR A MOVE IN FEE - 30% of the rent. Tenants are responsible for any move in / out fees & deposits from the condo association $50 Application fee (per adult). Tenants pay for gas, heat and electricity. Must have 650+ Credit. No previous collections or evictions.

Last Agent to Rent the Property

Mike Cho

Teko Realtor LLC License #471021892 Listed on: 05/24/2023

Co-Listed By

Hector Castaneda

Open Path Realty License #471005429

Last Renter's Agent

Mike Cho

Teko Realtor LLC License #471021892 Listed on: 05/24/2023

Condo Details

Home Type

  • Condominium

Year Built

  • 1929

Lot Details

  • 0.6

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Property Available on 5/1/23
  • Rent includes water, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 54 Units
  • Association Phone (773) 772-1142
  • Property managed by Open Path Realty

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

1929

Lot Details

0

Rental Info

  • Available Date: 2023-05-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1250
  • Security Deposit: 0
  • Fees/Approvals: Credit Report,Move-in Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built (Public Record): 1929

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Water, Exterior Maintenance, Lawn Care, Snow Removal
  • Management Company: Open Path Realty
  • Management Phone: 773-772-1142

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Jan 17, 2013
Sold by
Mason Kiani
Bought by
Bodal Aziz
Seller's Agent
Gwendolyn Weatherspoon
Galewood Better Realty Partners, LLC
Buyer's Agent
Aaron Taylor
Compass
List Price
$30,000
Sold Price
$27,500
Premium/Discount to List
-$2,500
-8.33%
Current Estimated Value
$123,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,605
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Mar 27, 2006
Sold by
36 N Menard Llc
Bought by
Mason Kiani
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
Bodal Aziz $27,500 Chicago Title Insurance Comp
Mason Kiani $136,000 Cti
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2023 06/03/23 Rented $1,250 0.0% --
05/24/2023 05/24/23 For Rent $1,250 0.0% --
05/16/2023 05/16/23 Rented $1,250 0.0% --
05/10/2023 05/10/23 Under Contract -- -- --
04/25/2023 04/25/23 For Rent $1,250 +19.0% --
07/01/2017 07/01/17 Rented $1,050 -2.3% --
05/11/2017 05/11/17 For Rent $1,075 0.0% --
01/17/2013 01/17/13 Sold $27,500 -8.3% $35 / Sq Ft View Prior Sale
10/03/2012 10/03/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $30,000 -- $38 / 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 $951 $5,827 $499 $5,328
2023 $927 $4,511 $354 $4,157
2022 $927 $4,511 $354 $4,157
2021 $907 $4,509 $353 $4,156
2020 $432 $1,938 $353 $1,585
2019 $433 $2,156 $353 $1,803
2018 $426 $2,156 $353 $1,803
2017 $577 $2,679 $312 $2,367
2016 $537 $2,679 $312 $2,367
2015 $1,080 $5,896 $312 $5,584
2014 $1,895 $10,211 $156 $10,055
2013 $1,379 $10,211 $156 $10,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11790730

Midwest Real Estate Data (MRED)

APN: 16-08-420-057-1023