NOT LISTED FOR SALE

1023 W Thorndale Ave Unit 3 Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $467,000 - $534,000

3 Beds
2 Baths
1,800 Sq Ft
$597/mo HOA Fee

Last Sold October 11, 2022

Last sale price $390,000 $217 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,635/month

64 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Thorndale Station
  • Laundry Room
  • Sun or Florida Room
  • Formal Dining Room
  • 1-minute walk to Park 517

About This Home

As of October 2022

Welcome home! Situated steps from Lake Michigan in Edgewater, this 1,800 square foot 3-bedroom, 2-bath condo invites comfort and exudes vintage elegance. With high ceilings, generous living space and great light, you'll enjoy a perfect setting for entertaining. The spacious and elegant living room is highlighted by a wood-burning fireplace with built-in bookshelves. The MASSIVE dining room is ready to host wonderful dinner parties. The bright, updated kitchen has new stainless steel appliances, white cabinets and leads to a private deck with views of the park. Imagine working from the stunning home office with views of Lake Michigan. This condo offers in-unit laundry, ample closets and additional storage. There is also a PARKING SPACE INCLUDED! This amazing home is conveniently located 1/2 block from Lake Michigan, with bicycle paths, parks, and the beach right outside your door. Walk to the red line, excellent local restaurants, great shops, and nightlife.

Last Agent to Sell the Property

Yvonne Carns

Real People Realty License #475125539 Listed on: 07/05/2022

Real People Realty

Last Buyer's Agent

Brandon Marshall

Godwin Realty Company License #475185033

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,741

Year Built

  • Built in 1903

Lot Details

  • 0.34

HOA Fees

  • $597 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, scavenger, snow removal
  • 16 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,741

Year Built

Built in 1903

Lot Details

0

HOA Fees

$597 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1800
  • Room Type: Sun Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 398900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 597
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: TBD
  • Management Contact Name: TBD
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5740.97
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Oct 7, 2022
Sold by
Kwon Myoung-Ja Lee
Bought by
Stern Ada Samuel and Trejo Jordan
Seller's Agent
Yvonne Carns
Real People Realty
Buyer's Agent
Brandon Marshall
Godwin Realty Company
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$486,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,052
Avg. Annual Appreciation
7.56%
Original Mortgage
$331,500
Outstanding Balance
$318,642
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$167,410

Purchase Details

Closed on
Jun 4, 2005
Sold by
Kwon Myoung Ja L and Irish Earnest E
Bought by
Kwon Myoung Ja L and Irish Ernest E

Purchase Details

Closed on
Sep 28, 2004
Sold by
Fairleigh Stephen L
Bought by
Irish Ernest E and Kwon Myoung Ja L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 1999
Sold by
Steinberg Jay
Bought by
Fairleigh Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
7.37%

Purchase Details

Closed on
Jul 17, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Hackley Gary D and Hackley Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,700
Interest Rate
7.75%
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
Stern Ada Samuel -- Chicago Title
Kwon Myoung Ja L -- --
Irish Ernest E $302,500 Chicago Title Insurance Comp
Fairleigh Stephen L $173,000 --
Hackley Gary D $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stern Ada Samuel $331,500
Previous Owner Irish Ernest E $270,000
Previous Owner Fairleigh Stephen L $129,750
Previous Owner Hackley Gary D $117,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $390,000 -2.2% $217 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $398,900 -0.3% $222 / Sq Ft
07/05/2022 07/05/22 For Sale $399,900 -- $222 / 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 $5,630 $39,511 $10,674 $28,837
2023 $6,170 $30,000 $8,582 $21,418
2022 $6,170 $30,000 $8,582 $21,418
2021 $6,033 $29,999 $8,581 $21,418
2020 $5,741 $25,771 $4,934 $20,837
2019 $5,729 $28,515 $4,934 $23,581
2018 $5,633 $28,515 $4,934 $23,581
2017 $5,477 $25,444 $4,290 $21,154
2016 $5,096 $25,444 $4,290 $21,154
2015 $4,662 $25,444 $4,290 $21,154
2014 $4,181 $22,537 $3,271 $19,266
2013 $4,099 $22,537 $3,271 $19,266
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Carns

    Seller's Agent in 2022

    Yvonne Carns

    Real People Realty

    (312) 685-8668

    5 in this area

    72 Total Sales

    Yvonne Carns
    Section Image

  • B

    Buyer's Agent in 2022

    Brandon Marshall

    Godwin Realty Company

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11453813

Midwest Real Estate Data (MRED)

APN: 14-05-402-045-1016

Illinois Cook County Chicago 60660 Edgewater

1023 W Thorndale Ave Unit 3, Chicago, IL

This home is located at 1023 W Thorndale Ave Unit 3, Chicago, IL 60660 since 05 July 2022 and is currently estimated at $486,052, approximately $270 per square foot. This property was built in 1903. 1023 W Thorndale Ave Unit 3 is a home located in Cook County with nearby schools including Senn High School, Sacred Heart Schools, and Northside Catholic Academy.

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