1028 W Newport Ave Unit 3 Chicago, IL 60657
Lakeview Neighborhood
2
Beds
2
Baths
1,238
Sq Ft
$183/mo
HOA Fee
Highlights
- Deck
- 5-minute walk to Addison Station (Red Line)
- Built-In Double Oven
- Nettelhorst Elementary School Rated A-
- Wood Flooring
- 4-minute walk to Hawthorne Playground
About This Home
As of December 2024Experience unparalleled city living with this stunning 2 bedroom, 2 bath penthouse condo in the heart of Chicago's vibrant Lake View neighborhood. Built in 2003, this exceptional residence combines modern luxury with classic charm, offering an elevated lifestyle that's hard to match. Prime Location nestled just steps from exciting nightlife and an array of top-tier restaurants, this condo ensures you're always at the center of the action. Plus, convenient access to the train makes commuting and exploring the city a breeze. Expansive Rooftop Deck recently renovated with upgrade, the private rooftop deck is an entertainer's dream. Featuring durable Trex decking, a cozy gas fire pit, and decorative metal railing, it offers breathtaking panoramic city views and a sophisticated space for gatherings. Generous Layout this penthouse boasts an impressive 18-foot width, providing an open and airy living space that enhances your comfort and enjoyment. Elegant Interiors enjoy 10' ceilings, a gas-start wood-burning fireplace, and elegant crown molding. The beautifully designed gourmet kitchen includes a double oven and a separate gas cooktop, perfect for culinary enthusiasts. It combines functionality with style to meet all your cooking needs. Luxurious Master Suite is a true retreat, featuring a secluded balcony, a spacious bath, and three generous closets for ample storage and privacy. Convenient extra storage is available on the lower level, ensuring you have ample space for all your belongings. Includes one dedicated garage space for your convenience. This penthouse condo is a rare gem, offering a blend of modern amenities and timeless elegance in one of Chicago's most sought-after neighborhoods. Don't miss the opportunity to make this luxurious Lake View residence your new home.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475130582 Listed on: 09/06/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,925
Year Built
- Built in 2003
HOA Fees
- $183 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Transmitter
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,238 Sq Ft Home
- 3-Story Property
- Ceiling height of 10 feet or more
- Family Room
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Built-In Double Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include water, electricity, insurance
- 3 Units
- Elliott Gutman Association, Phone Number (847) 323-7533
- Penthouse
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2024
Closed on
Dec 9, 2024
Sold by
Tilly Edward D and Tilly Karley
Bought by
Mcguire Christopher and Triemstra Kenneth
Seller's Agent
Todd Trawinski
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Total Days on Market
25
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$911
Avg. Annual Appreciation
0.27%
Original Mortgage
$703,000
Outstanding Balance
$700,670
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$40,241
Purchase Details
Listed on
Jul 18, 2018
Closed on
May 23, 2019
Sold by
Mcfarlane William
Bought by
Tilly Edward D and Tilly Edward T
Seller's Agent
Johnfdiederich
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Judy Gibbons
Jameson Sotheby's International Realty
List Price
$595,000
Sold Price
$582,000
Premium/Discount to List
-$13,000
-2.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$310,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jun 8, 2012
Closed on
Jun 21, 2012
Sold by
Riley Patrick V
Bought by
Riley Lara
Seller's Agent
Ken Jungwirth
@properties Christie's International Real Estate
Buyer's Agent
Nick Kluding
Baird & Warner
List Price
$519,900
Sold Price
$510,000
Premium/Discount to List
-$9,900
-1.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Purchase Details
Closed on
Oct 12, 2007
Sold by
Barton Brent
Bought by
Riley Patrick V and Flath Lara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
5.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 9, 2006
Sold by
Riley Vincent M and Racette Thomas F
Bought by
Barton Brent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 25, 2003
Sold by
1028 West Newport Llc
Bought by
Riley Vincent M and Racette Thomas F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,370
Interest Rate
6.02%
Mortgage Type
Unknown
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 | -- | None Listed On Document | |
| Warranty Deed | $582,000 | Attorney | |
| Interfamily Deed Transfer | -- | Git | |
| Warranty Deed | $555,000 | Ticor Title Insurance | |
| Warranty Deed | $568,000 | Chicago Title Insurance Co | |
| Special Warranty Deed | $480,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $703,000 | New Conventional | |
| Previous Owner | $310,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $409,600 | New Conventional | |
| Previous Owner | $412,000 | New Conventional | |
| Previous Owner | $83,200 | Credit Line Revolving | |
| Previous Owner | $416,250 | Unknown | |
| Previous Owner | $454,400 | Unknown | |
| Previous Owner | $56,800 | Credit Line Revolving | |
| Previous Owner | $454,400 | Unknown | |
| Previous Owner | $391,370 | Unknown | |
| Closed | $73,380 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $740,000 | -1.3% | $598 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $750,000 | 0.0% | $606 / Sq Ft |
| 09/06/2024 09/06/24 | For Sale | $750,000 | +28.9% | $606 / Sq Ft |
| 05/30/2019 05/30/19 | Sold | $582,000 | -2.2% | $416 / Sq Ft |
| 04/13/2019 04/13/19 | Pending | -- | -- | -- |
| 04/13/2019 04/13/19 | For Sale | $595,000 | +2.2% | $425 / Sq Ft |
| 11/15/2018 11/15/18 | Off Market | $582,000 | -- | -- |
| 09/29/2018 09/29/18 | Price Changed | $595,000 | -4.6% | $425 / Sq Ft |
| 09/04/2018 09/04/18 | Price Changed | $624,000 | -3.9% | $446 / Sq Ft |
| 07/18/2018 07/18/18 | For Sale | $649,000 | +27.3% | $464 / Sq Ft |
| 07/09/2012 07/09/12 | Sold | $510,000 | -1.9% | $364 / Sq Ft |
| 06/14/2012 06/14/12 | Pending | -- | -- | -- |
| 06/08/2012 06/08/12 | For Sale | $519,900 | -- | $371 / 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 | $13,575 | $63,575 | $22,852 | $40,723 |
| 2023 | $13,575 | $66,000 | $18,429 | $47,571 |
| 2022 | $13,575 | $66,000 | $18,429 | $47,571 |
| 2021 | $13,272 | $65,999 | $18,428 | $47,571 |
| 2020 | $12,592 | $56,526 | $7,862 | $48,664 |
| 2019 | $13,257 | $65,985 | $7,862 | $58,123 |
| 2018 | $13,034 | $65,985 | $7,862 | $58,123 |
| 2017 | $10,876 | $56,599 | $6,880 | $49,719 |
| 2016 | $11,336 | $56,599 | $6,880 | $49,719 |
| 2015 | $10,372 | $56,599 | $6,880 | $49,719 |
| 2014 | $9,330 | $50,287 | $5,620 | $44,667 |
| 2013 | $9,146 | $50,287 | $5,620 | $44,667 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Trawinski
Seller's Agent in 2024
Todd Trawinski
Berkshire Hathaway HomeServices Chicago
(847) 212-1498
1 in this area
105 Total Sales
-
Eve Trawinski
Seller Co-Listing Agent in 2024
Eve Trawinski
Berkshire Hathaway HomeServices Chicago
(847) 772-5090
1 in this area
73 Total Sales
-
Danielle Dowell
Buyer's Agent in 2024
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
(312) 391-5655
9 in this area
579 Total Sales
-
Johnfdiederich
J
Seller's Agent in 2019
Johnfdiederich
Berkshire Hathaway HomeServices Chicago
(773) 430-2300
48 Total Sales
-
Judy Gibbons
Buyer's Agent in 2019
Judy Gibbons
Jameson Sotheby's International Realty
(847) 274-4983
2 in this area
89 Total Sales
-
Ken Jungwirth
Seller's Agent in 2012
Ken Jungwirth
@ Properties
(773) 398-5585
4 in this area
176 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12157401
APN: 14-20-409-039-1003
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