NOT LISTED FOR SALE

1028 W Newport Ave Unit 2 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $592,000 - $627,000

2 Beds
2 Baths
1,500 Sq Ft
$159/mo HOA Fee

Last Sold July 12, 2023

Last sale price $527,000 $351 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,223/month

7 Days on Market

Highlights

  • Landscaped Professionally
  • 5-minute walk to Addison Station (Red Line)
  • Wood Flooring
  • Nettelhorst Elementary School Rated A-
  • Deck
  • 4-minute walk to Hawthorne Playground

About This Home

As of July 2023

Beautifully maintained Lakeview home with an expansive interior measuring 22 feet wide. This spacious 2-bedroom, 2-bathroom residence sits on a 30-foot lot within the highly sought-after Nettlehorst School District. The home features exquisite custom millwork, casements, and crown molding throughout. The chef's kitchen, complete with a breakfast bar, cherry cabinets, granite countertops, and stainless steel appliances, also includes a cozy eat-in area. It seamlessly flows into a separate dining area and a generous living room boasting a stunning custom stone fireplace that can be used with either wood or gas. The residence is equipped with ceiling speakers for a delightful audio experience. The primary bathroom offers a spa-like ambiance with cherry cabinets, marble tile, a shower, and a separate jet tub. Additionally, there is a large private deck for outdoor enjoyment. The unit comes with the convenience of in-unit washer and dryer, freshly refinished hardwood floors, and ample storage space. Parking is also included.

Last Agent to Sell the Property

Bruce Glazer

@properties Christie's International Real Estate License #475145475 Listed on: 05/18/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Vadim Ratner

MarketMax Realty, Inc. License #475144475

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,385

Year Built

  • Built in 2003

Lot Details

  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $159 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 3 Units
  • Property managed by SELF-MANAGED

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,385

Year Built

Built in 2003

Lot Details

0

HOA Fees

$159 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • 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: 1500
  • Other Equipment: Humidifier, TV-Cable, Security System, Intercom, Ceiling Fan(s)
  • Room Type: Deck
  • Stories Total: 3
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 535000
  • Lot Features: Common Grounds, Fenced Yard, Landscaped
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 159
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF-MANAGED
  • Management Contact Name: N/A
  • Management Phone: 999-999-9999X99999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Nettelhorst Elementary School
  • 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: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9384.64
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jun 24, 2014
Sold by
Zdonek Michael and Zdonek Pauline
Bought by
Johnsen Dean
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Chaz Walters
Coldwell Banker Realty
List Price
$474,500
Sold Price
$471,200
Premium/Discount to List
-$3,300
-0.7%
Current Estimated Value
$613,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,135
Avg. Annual Appreciation
2.35%
Original Mortgage
$175,000
Outstanding Balance
$128,193
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$485,142

Purchase Details

Closed on
Apr 5, 2010
Sold by
Froeschie Randall J and Froeschie Michelle L
Bought by
Zdonek Michael and Zdonek Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Froeschle Randall J and Froeschle Michelle L
Bought by
Froeschle Randall J and Froeschle Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2003
Sold by
1028 West Newport Llc
Bought by
Froeschle Randall J and Greco Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.37%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Johnsen Dean $471,500 Fort Dearborn Land Title
Zdonek Michael $440,000 Stewart Title Company
Froeschle Randall J -- None Available
Froeschle Randall J $419,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnsen Dean $175,000
Previous Owner Zdonek Michael $417,000
Previous Owner Froeschle Randall J $287,000
Previous Owner Froeschle Randall J $322,700
Closed Froeschle Randall J $54,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2023 07/12/23 Sold $527,000 -1.5% $351 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $535,000 +13.5% $357 / Sq Ft
06/26/2014 06/26/14 Sold $471,200 -0.7% $314 / Sq Ft View Prior Sale
05/03/2014 05/03/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $474,500 -- $316 / 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 $9,850 $48,163 $17,312 $30,851
2023 $9,580 $50,000 $13,961 $36,039
2022 $9,580 $50,000 $13,961 $36,039
2021 $10,054 $49,999 $13,961 $36,038
2020 $9,822 $44,090 $5,956 $38,134
2019 $10,043 $49,989 $5,956 $44,033
2018 $9,875 $49,989 $5,956 $44,033
2017 $9,230 $42,878 $5,212 $37,666
2016 $8,588 $42,878 $5,212 $37,666
2015 $7,857 $42,878 $5,212 $37,666
2014 $6,592 $38,096 $4,258 $33,838
2013 $6,450 $38,096 $4,258 $33,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11786584

Midwest Real Estate Data (MRED)

APN: 14-20-409-039-1002