NOT LISTED FOR SALE

Estimated Value: $340,000 - $402,843

2 Beds
2 Baths
1,200 Sq Ft
$347/mo HOA Fee

Last Sold March 25, 2022

Last sale price $325,000 $271 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,738/month

2 Days on Market

Highlights

  • Penthouse
  • 3-minute walk to Argyle Station
  • Vaulted Ceiling
  • Lock-and-Leave Community
  • Deck
  • 2-minute walk to Carmen Park

About This Home

As of March 2022

ONE BLOCK FROM THE LAKE, at the nexus of Edgewater/Uptown. Gorgeous top-floor end unit penthouse condo with high ceilings, warm exposed brick, & tons of natural light. Desirable split floorplan with 2 bedrooms & 2 full baths. Gourmet eat-in kitchen with stainless steel appliances, granite counters, & balcony for grilling. Primary suite is generously sized with full en suite spa bath and private balcony! Cozy corner fireplace & large bay windows in living room. Washer & dryer in-unit. Central a/c & heat. Hardwood floors throughout. Mariano's, the lakefront, Argyle Red Line CTA, LSD, & buses all 1 block away. Take the express bus & get downtown in 15 min! Half mile walk to Andersonville! Easy street parking & monthly parking available close by. Seller has a car & has not had difficulty with street parking. Super fast high speed fiber internet is available for $30/mo. Newer roof (2014), and beautiful wrought iron gate surrounds the building.

Last Agent to Sell the Property

Michael Shin

Coldwell Banker Realty License #475159583 Listed on: 02/18/2022

Coldwell Banker Realty

Co-Listed By

Ian Schwartz

Coldwell Banker Realty License #475101307

Last Buyer's Agent

Tim Sheahan

Compass License #475145058

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,323

Year Built

  • Built in 1910 | Remodeled in 2005

Lot Details

  • 0.34

HOA Fees

  • $347 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 23 Units
  • Manager Association, Phone Number (773) 472-2300
  • Property managed by Kane Property Management
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,323

Year Built

Built in 1910 | Remodeled in 2005

Lot Details

0

HOA Fees

$347 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Granite Counters
  • Other Equipment: Security System, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Balcony/Porch/Lanai, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • 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

  • List Price: 299000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 347
  • Association Amenities: Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kane Property Management
  • Management Contact Name: Manager
  • Management Phone: 773-472-2300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 4323.31
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 30, 2022
Sold by
Balay Burke and Balay Alisa
Bought by
Eddelbuettel Laura H
Seller's Agent
Michael Shin
Coldwell Banker Realty
Buyer's Agent
Tim Sheahan
Compass
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%
Current Estimated Value
$380,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,711
Avg. Annual Appreciation
4.08%
Original Mortgage
$260,000
Outstanding Balance
$244,960
Interest Rate
4.38%
Estimated Equity
$127,803

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 9, 2022
Sold by
Balay Burke and Balay Alisa
Bought by
Eddelbuettel Laura H
Seller's Agent
Michael Shin
Coldwell Banker Realty
Buyer's Agent
Tim Sheahan
Compass
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%

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
Outstanding Balance
$244,960
Interest Rate
4.38%
Estimated Equity
$127,803

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jun 12, 2018
Sold by
Brown Jeffrey D
Bought by
Balay Burke and Balay Alisa
Seller's Agent
Rachel Teuer
@properties
Buyer's Agent
Michael Shin
Coldwell Banker Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$230,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2014
Closed on
Dec 2, 2014
Sold by
Borman Jason
Bought by
Brown Jeff and Delaski Kristina
Seller's Agent
Rachel Teuer
@properties
Buyer's Agent
Shara Fata
Hashlang, Inc.
List Price
$240,000
Sold Price
$205,000
Premium/Discount to List
-$35,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$164,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
5057 N Kenmore Llc
Bought by
Bormann Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,700
Interest Rate
5.7%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Eddelbuettel Laura H $325,000 --
Eddelbuettel Laura H $325,000 --
Balay Burke $260,000 Liberty Title & Escrow Co
Brown Jeff $205,000 Proper Title Llc
Bormann Jason $237,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eddelbuettel Laura H $260,000
Closed Eddelbuettel Laura H $260,000
Previous Owner Balay Burke $226,500
Previous Owner Balay Burke $230,000
Previous Owner Brown Jeff $164,000
Previous Owner Bormann Jason $198,725
Previous Owner Bormann Jason $209,800
Previous Owner Bormann Jason $60,000
Previous Owner Bormann Jason $80,000
Previous Owner Bormann Jason $189,700
Closed Bormann Jason $35,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $325,000 +8.7% $271 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $299,000 +15.0% $249 / Sq Ft
06/15/2018 06/15/18 Sold $260,000 -1.9% $217 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $265,000 +29.3% $221 / Sq Ft
12/05/2014 12/05/14 Sold $205,000 -6.4% $171 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
09/22/2014 09/22/14 Price Changed $219,000 -4.4% $183 / Sq Ft
08/20/2014 08/20/14 Price Changed $229,000 -4.6% $191 / Sq Ft
07/31/2014 07/31/14 For Sale $240,000 -- $200 / 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 $3,798 $27,130 $4,226 $22,904
2023 $3,702 $18,000 $3,404 $14,596
2022 $3,702 $18,000 $3,404 $14,596
2021 $3,619 $17,999 $3,403 $14,596
2020 $4,323 $19,407 $2,609 $16,798
2019 $4,339 $21,596 $2,609 $18,987
2018 $3,971 $21,596 $2,609 $18,987
2017 $3,416 $15,870 $2,269 $13,601
2016 $3,280 $15,870 $2,269 $13,601
2015 $3,008 $15,870 $2,269 $13,601
2014 $3,143 $16,440 $1,730 $14,710
2013 $2,990 $16,440 $1,730 $14,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11328059

Midwest Real Estate Data (MRED)

APN: 14-08-406-038-1018