Renee, Home Buyer in Chicago, IL

1017 w washington unit 6c chicago illinois sold for what price 3 years ago

Asked by Renee, Chicago, IL Fri Oct 19, 2007

trying to find tax record for what 1017 west washington unit 6c sold for currently on the market want to compart average appreciation for area

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Answers

3
This home closed on 4/30/2004. It was orginally listed for 595,000 at that time and sold for 548,000.
1 vote Thank Flag Link Fri Oct 19, 2007
It is going back on the market if you are interested e-mail dcmcmurtrie@hotmail.com
0 votes Thank Flag Link Tue Feb 19, 2008
Hi Renee:

Be careful in comparing what the unit sold for 3 years to what the current list price is. List price really means nothing, it is only closed comparables that hold any water. Therefore, if you really want to get an idea of appreciation, it is best to analyze recently closed comparables in the building.

Furthermore, because we are experiencing a bit of a price decline in the condo market in Chicago, comparing prices from 3 years ago to today's prices may not give you a fully accurate picture. Well, I take that back: It is what it is, so it is accurate in that sense, but if you want to get a long-term picture, you might want to compare closed comps over the past 3 years as a whole, and not just 2004 vs. 2007.

Good luck, the Acorn Lofts are in such a wonderful location!
0 votes Thank Flag Link Fri Oct 19, 2007
Patti Pereyra, Real Estate Pro in Chicago, IL
MVP'08
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