1016 N Hermitage Ave Unit 1 Chicago, IL 60622
East Village Neighborhood
4
Beds
2.5
Baths
2,500
Sq Ft
$299/mo
HOA Fee
Highlights
- New Construction
- Wood Flooring
- Steam Shower
- A.N. Pritzker School Rated A-
- Bonus Room
- 4-minute walk to Bertha Honoré Palmer Park
About This Home
As of July 2025Only one unit left! This large new construction duplex condo has 4 bedrooms, 2.5 baths with 10 feet ceiling heights. Lives like a single-family home, creating the perfect environment for entertaining and everyday living. 57" upper cabinets with LED cabinet lighting, quartz counter tops, Bosch 36" stove, 7 feet high Bosch fridge, Bosch dishwasher, micro drawer. Built-in gas fireplace, wet bar off the kitchen, solid core doors, luxury plumbing fixtures, Toto toilets, designer light fixtures. Spa like master bathroom offers dual vessel sinks, free standing tub, and a glass enclosed steam shower. Large laundry room, with side-by-side washer and dryer. Two outdoor spaces consisting of a large patio off the family room and the garage roof deck. Insulated with spray foam insulation. One garage parking space included in price. Located close to shopping, dining, taverns, expressways and parks. For buyers with vision, this is a unique opportunity to customize your home. Still time to choose floor stain, paint, light fixtures, plumbing fixtures, counter tops, and cabinet handles. The experienced developer is easy to work with and willing to guide throughout the process. Delivery end of July. Finished pictures are of past projects.
Last Agent to Sell the Property
Epic Investment Company License #471011772 Listed on: 06/10/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,762
Year Built
- Built in 2025 | New Construction
HOA Fees
- $299 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,500 Sq Ft Home
- 3-Story Property
- Fireplace With Gas Starter
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Bonus Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Steam Shower
- Separate Shower
Outdoor Features
- Enclosed patio or porch
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, snow removal
- 3 Units
- Association Phone (630) 886-6128
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2024
Sold by
Hartel Peter and Hartel Martha Shaifer
Bought by
Terrain Holdings Llc
Purchase Details
Closed on
Jun 24, 1994
Sold by
Near Northwest Ltd Partnership
Bought by
Hartel Peter and Shaifer Hartel Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,550
Interest Rate
8.78%
Similar Homes in Chicago, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Fidelity National Title | |
| Warranty Deed | $84,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,336,000 | Construction | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $152,000 | New Conventional | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $157,000 | Unknown | |
| Previous Owner | $121,000 | Unknown | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $79,550 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $1,049,000 | 0.0% | $420 / Sq Ft |
| 06/13/2025 06/13/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $1,049,000 | -- | $420 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $13,762 | $70,000 | $27,840 | $42,160 |
| 2023 | $13,337 | $71,000 | $22,400 | $48,600 |
| 2022 | $13,337 | $71,000 | $22,400 | $48,600 |
| 2021 | $13,608 | $71,000 | $22,400 | $48,600 |
| 2020 | $10,368 | $49,643 | $10,880 | $38,763 |
| 2019 | $10,152 | $53,960 | $10,880 | $43,080 |
| 2018 | $10,928 | $58,755 | $10,880 | $47,875 |
| 2017 | $7,639 | $38,861 | $9,600 | $29,261 |
| 2016 | $7,283 | $38,861 | $9,600 | $29,261 |
| 2015 | $6,640 | $38,861 | $9,600 | $29,261 |
| 2014 | $6,097 | $35,427 | $8,000 | $27,427 |
| 2013 | $5,965 | $35,427 | $8,000 | $27,427 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Dave Patel
Epic Investment Company
(630) 886-6128
5 in this area
36 Total Sales
-
Buyer's Agent in 2025
John Corry
EXIT Strategy Realty
(630) 918-6665
1 in this area
65 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12389960
APN: 17-06-417-023-0000
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