NOT LISTED FOR SALE

1023 N Hermitage Ave Unit 2 Chicago, IL 60622

East Village Neighborhood

Estimated Value: $525,000 - $555,543

2 Beds
2 Baths
1,250 Sq Ft
$217/mo HOA Fee

Last Sold July 26, 2024

Last sale price $525,000 $420 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,898/month

8 Days on Market

Highlights

  • Lock-and-Leave Community
  • Deck
  • Whirlpool Bathtub
  • A.N. Pritzker School Rated A-
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of July 2024

Beautiful, well cared for & clean 2 bed / 2 bath condo on the cusp of Wicker Park/Division Corridor/East Village & everywhere you want to be on a beautiful tree-lined street with the perfect neighborhood feel! The unit features hardwood floors throughout, a cozy fireplace that warms the space, laundry in-unit, ample closet space, plenty of natural light let in by a large Juliette front balcony w/ glass sliding door & large freshly painted back deck for outdoor relaxing & entertaining. Enjoy the extra space in front of the home currently set up as an office alcove. The open kitchen layout is ideal, enjoy granite counters, 42" tall cherry wood cabinets, backsplash, a large window over the sink, stainless steel appliances, and an oversized bfast bar. The spacious primary ensuite bath has a double vanity, big tub & separate walk-in shower. The large deck can be accessed from both the primary bedroom & back hallway. New HVAC as of 2023 & water heater 2020! Separate private storage is located on ground level & garage parking is included! Short walk to Blue Line, Countless trendy eateries, bars, boutique shops & more for you to enjoy in this A+++ location!

Last Agent to Sell the Property

Rose Toma

@properties Christie's International Real Estate License #475154807 Listed on: 05/14/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Laura Kelly

@properties Christie's International Real Estate License #475168668

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,392

Year Built

  • Built in 2003

Lot Details

  • 3,049

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Interior Spaces

  • 1,250 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units
  • Low-Rise Condominium
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,392

Year Built

Built in 2003

Lot Details

0

HOA Fees

$217 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1250
  • Other Equipment: Water Heater-Gas
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Exterior Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray 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
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 499000
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • 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: 217
  • Association Amenities: Storage, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: N/A
  • Management Contact Name: N/A
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

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: 8392
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 24, 2024
Sold by
Zacharias Kurt and Shamet Audrey
Bought by
Mehta Dolly and Mehta Shekhar Prakash
Seller's Agent
Rose Toma
@properties Christie's International Real Estate
Buyer's Agent
Laura Kelly
@properties Christie's International Real Estate
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Views
9
Current Estimated Value
$543,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,386
Avg. Annual Appreciation
3.27%
Original Mortgage
$300,000
Outstanding Balance
$296,887
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$246,499

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 9, 2020
Sold by
Fitzgerald Craig and Fitzgerald Kelly
Bought by
Zacharias Kurt and Shamet Audrey
Seller's Agent
Donna Noble
@properties Christie's International Real Estate
Buyer's Agent
Rose Toma
@properties Christie's International Real Estate
List Price
$449,000
Sold Price
$428,000
Premium/Discount to List
-$21,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$406,600
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2014
Closed on
Apr 24, 2014
Sold by
Shenouda Lydia
Bought by
Fitzgerald Craig and Fitzgerald Kelly
Seller's Agent
Ibrahim Shenouda
Charles Rutenberg Realty of IL
Buyer's Agent
Daniel Suwinski
Baird & Warner
List Price
$383,000
Sold Price
$372,000
Premium/Discount to List
-$11,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$279,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2006
Sold by
Stewart Chad
Bought by
Shenouda Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
6.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 7, 2003
Sold by
Ezbm Inc
Bought by
Stewart Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
5.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Mehta Dolly $525,000 Proper Title
Zacharias Kurt $428,000 Proper Title Llc
Fitzgerald Craig $372,000 First American Title
Shenouda Lydia $221,000 First American Title Ins Co
Stewart Chad $315,000 Chicago Title Insurance Comp
Stewart Chad $315,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Dolly $300,000
Previous Owner Zacharias Kurt $406,600
Previous Owner Fitzgerald Craig $279,000
Previous Owner Shenouda Lydia $348,500
Previous Owner Shenouda Lydia $360,000
Previous Owner Shenouda Lydia $74,700
Previous Owner Shenouda Lydia $298,800
Previous Owner Stewart Chad $297,500
Previous Owner Stewart Chad $299,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $525,000 +5.2% $420 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $499,000 +16.6% $399 / Sq Ft
04/17/2020 04/17/20 Sold $428,000 -4.7% $342 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $449,000 +20.7% $359 / Sq Ft
04/24/2014 04/24/14 Sold $372,000 -1.8% $298 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
02/11/2014 02/11/14 Price Changed $379,000 -1.0% $303 / Sq Ft
01/29/2014 01/29/14 For Sale $383,000 -- $306 / 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 $8,634 $47,393 $7,727 $39,666
2023 $8,392 $40,803 $3,020 $37,783
2022 $8,392 $40,803 $3,020 $37,783
2021 $8,205 $40,801 $3,019 $37,782
2020 $7,978 $38,915 $3,019 $35,896
2019 $7,512 $40,821 $3,019 $37,802
2018 $7,385 $40,821 $3,019 $37,802
2017 $7,062 $36,179 $2,664 $33,515
2016 $6,746 $36,179 $2,664 $33,515
2015 $6,815 $37,188 $2,664 $34,524
2014 $4,747 $28,154 $2,264 $25,890
2013 $4,642 $28,154 $2,264 $25,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12014128

Midwest Real Estate Data (MRED)

APN: 17-06-418-049-1002