NOT LISTED FOR SALE

2040 N Lincoln Ave Unit A Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $666,000 - $725,000

2 Beds
2.5 Baths
1,500 Sq Ft
$448/mo HOA Fee

Last Sold August 12, 2021

Last sale price $565,895 $377 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,253/month

2 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • End Unit
  • Abraham Lincoln Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Lincoln Park Cultural Center

About This Home

As of August 2021

Beautifully upgraded 2BR/2.1BA duplex up home in the best location at The Pointe. This gorgeous unit includes vaulted ceilings, refinished hardwood floors throughout, gas fireplace, and an updated kitchen w/ stainless steel appliances, granite counters & breakfast bar, spacious primary suite overlooks tree-lined courtyard, remodeled baths with travertine tile, primary bath with double vanity & separate tub and shower, custom closets, side-by-side washer/dryer on second level, ample storage, large private patio and attached garage. Freshly painted and move in ready! Monthly assessments include water, cable TV and high-speed internet. Amazing Lincoln Park location close to the park, zoo, restaurants, and public transportation. Located in the top-rated Lincoln school district.

Last Listed By

Gregory Brooks

Baird & Warner License #475099230 Listed on: 06/21/2021

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,189

Year Built

  • Built in 1994

Lot Details

  • End Unit

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Terrace

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 150 Units
  • Ina Jones Association, Phone Number (312) 379-0400
  • The Pointe Subdivision
  • Property managed by The Forth Group

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,189

Year Built

Built in 1994

Lot Details

0

HOA Fees

$448 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Pointe
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Gas Cooktop, Gas Oven, Wall Oven
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage, Open Floorplan, Granite Counters
  • LivingArea: 1500
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Storage, Terrace
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, End Unit
  • List Price: 575000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 448
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Forth Group
  • Management Contact Name: Ina Jones
  • Management Phone: 312-379-0400X116

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 11189.22
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 2, 2021
Sold by
Young Lisa
Bought by
Garfinkel Marni
Seller's Agent
Gregory Brooks
Baird & Warner
Buyer's Agent
Mike Harris
Michael Harris
List Price
$575,000
Sold Price
$565,895
Premium/Discount to List
-$9,105
-1.58%
Total Days on Market
2
Current Estimated Value
$688,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,027
Avg. Annual Appreciation
5.69%
Original Mortgage
$300,000
Outstanding Balance
$276,773
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$417,988

Purchase Details

Closed on
Oct 8, 2007
Sold by
Murphy Brian M and Murphy Susan T
Bought by
Young Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2007
Sold by
Jaffe Sherri E
Bought by
Murphy Brian M and Murphy Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,800
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2003
Sold by
Armetta Jason and Armetta Patricia
Bought by
Jaffe Sherri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2000
Sold by
Hiatt John C and Joy Hiatt Kristin
Bought by
Armetta Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
8%

Purchase Details

Closed on
Apr 10, 2000
Sold by
Hiatt John C and Hiatt Paula M
Bought by
Hiatt John C and Joy Hiatt Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
8%

Purchase Details

Closed on
Jul 23, 1996
Sold by
Melk Development/Mcl Lincoln Park Lp
Bought by
Hiatt John C and Hiatt Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,560
Interest Rate
7.5%

Range of Values:

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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
Garfinkel Marni $566,000 Chicago Title
Young Lisa $476,000 Bt
Murphy Brian M $491,000 First American Title
Jaffe Sherri E $447,500 Chicago Title Insurance Co
Armetta Jason $357,500 --
Hiatt John C $170,000 --
Hiatt John C $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garfinkel Marni $300,000
Previous Owner Young Lisa $243,413
Previous Owner Young Lisa $75,000
Previous Owner Young Lisa $276,000
Previous Owner Young Lisa $260,000
Previous Owner Murphy Brian M $392,800
Previous Owner Murphy Susan T $49,050
Previous Owner Jaffe Sherri E $297,500
Previous Owner Armetta Jason $292,000
Previous Owner Armetta Jason $291,000
Previous Owner Armetta Jason $286,000
Previous Owner Hiatt John C $174,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $565,895 -1.6% $377 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $575,000 -- $383 / 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 $11,514 $62,897 $15,339 $47,558
2023 $11,514 $55,980 $12,370 $43,610
2022 $11,514 $55,980 $12,370 $43,610
2021 $11,257 $55,979 $12,370 $43,609
2020 $11,423 $51,278 $10,885 $40,393
2019 $11,189 $55,692 $10,885 $44,807
2018 $11,001 $55,692 $10,885 $44,807
2017 $10,485 $48,708 $8,906 $39,802
2016 $9,756 $48,708 $8,906 $39,802
2015 $8,445 $48,708 $8,906 $39,802
2014 $7,839 $44,819 $6,679 $38,140
2013 $7,673 $44,819 $6,679 $38,140
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11130143

Midwest Real Estate Data (MRED)

APN: 14-33-132-045-1134