1040 W Altgeld St Unit 1N Chicago, IL 60614
Sheffield & DePaul NeighborhoodEstimated Value: $835,000 - $997,143
3
Beds
2.5
Baths
2,000
Sq Ft
$455/Sq Ft
Est. Value
Highlights
- Rooftop Deck
- 5-minute walk to Fullerton Station
- Open Floorplan
- Mayer Elementary School Rated A-
- Heated Floors
- 3-minute walk to Jonquil Park
About This Home
As of April 2024Welcome to your new haven tucked away on a tranquil tree-lined street, in Chicago's highly coveted Lincoln Park neighborhood! This remarkable duplex in an all-brick building welcomes you with its private entrance and radiates quality, evident in its craftsmanship, detail, and concrete flooring between levels for optimal sound insulation. Designed with 8-foot doors and adorned with neutral tones throughout, this residence exudes a timeless elegance. With 3 bedrooms and 2.1 bathrooms, this residence boasts a spacious open floor plan featuring high-end finishes including elegant crown molding, and a striking fireplace framed by custom shelving. Ideal for hosting friends and family, the kitchen showcases exquisite light fixtures illuminating a generous island, sleek quartz countertops, and top-of-the-line appliances including Wolf, Sub-zero, and Bosch, complemented by a convenient wine bar/fridge. Get ready to grill out on your private deck situated off the living room or elevate your experience with a larger gathering on the spacious garage deck, perfect for entertaining just in time for the warmer months. Enhancing the main level, you'll discover a stylishly appointed powder room, ideal for refreshing and accommodating guests. The soaring ceilings seamlessly extend into the lower level featuring Hunter Douglas automatic blinds. On the lower level, you'll discover three fabulous bedrooms and two baths equipped with radiant heat. The primary suite offers a custom walk-in closet and an ensuite bath featuring a luxurious steam shower with a rain shower head and quartzite countertops. Two additional bedrooms with ample closet space complete this floor and garage parking with additional storage are included. Everything you need is within reach for an incredible living experience in this A+ location. Just steps from the Fullerton CTA Station (Red, Brown, and Purple Lines) and CTA Bus Stops, Whole Foods, Dom's and Trader Joe's along with Jonquil Park, DePaul University with close proximity to Lincoln Park, Oscar Mayer school, Equinox, Lakeshore Club and the Lakefront Trail. This unit is also close to some of Chicago's best restaurants such as Alinea, Galit, Boka, Armitage Alehouse, Riccardo Trattoria and Kameya. Don't miss this incredible home!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $16,660
Year Built
- Built in 2015
Lot Details
- 9,365
HOA Fees
- $344 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Half Duplex
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Dry Bar
- Ceiling height of 10 feet or more
- Gas Log Fireplace
- Living Room with Fireplace
- Storage
Kitchen
- Built-In Oven
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Steam Shower
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Home Security
Outdoor Features
- Balcony
- Rooftop Deck
Schools
- Oscar Mayer Elementary School
- Lincoln Park High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 8 Units
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Community Storage Space
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2024
Closed on
Apr 1, 2024
Sold by
Krater Timothy and Krater Rachel
Bought by
Gandy Olivia
Seller's Agent
Hayley Westhoff
Compass
Buyer's Agent
Emily Madigan
Baird & Warner
List Price
$850,000
Sold Price
$880,000
Premium/Discount to List
$30,000
3.53%
Total Days on Market
4
Views
38
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
$29,536
Avg. Annual Appreciation
3.02%
Purchase Details
Listed on
Oct 23, 2020
Closed on
Feb 3, 2021
Sold by
Weitz Jonathan and Mcgarve Sara
Bought by
Krater Timothy and Krater Rachel
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Hayley Westhoff
Compass
List Price
$799,888
Sold Price
$771,250
Premium/Discount to List
-$28,638
-3.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$548,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2015
Sold by
Impressionist On Altgeld Condominiums Ll
Bought by
Bowling Aaron and Bowling Kristin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Interest Rate
3.62%
Mortgage Type
Commercial
Similar Homes in Chicago, IL
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gandy Olivia | $880,000 | None Listed On Document | |
| Krater Timothy | $771,500 | First American Title | |
| Bowling Aaron | $999,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Krater Timothy | $548,000 | |
| Previous Owner | Weltz Jonathan | $599,000 | |
| Previous Owner | Bowling Aaron | $799,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2024 04/22/24 | Sold | $880,000 | +3.5% | $440 / Sq Ft |
| 03/18/2024 03/18/24 | Pending | -- | -- | -- |
| 03/13/2024 03/13/24 | For Sale | $850,000 | +10.2% | $425 / Sq Ft |
| 02/08/2021 02/08/21 | Sold | $771,250 | -2.4% | $386 / Sq Ft |
| 01/09/2021 01/09/21 | Pending | -- | -- | -- |
| 12/07/2020 12/07/20 | Price Changed | $790,000 | -1.2% | $395 / Sq Ft |
| 10/23/2020 10/23/20 | For Sale | $799,888 | +0.1% | $400 / Sq Ft |
| 12/01/2015 12/01/15 | Sold | $799,000 | 0.0% | $400 / Sq Ft |
| 11/10/2015 11/10/15 | Pending | -- | -- | -- |
| 11/10/2015 11/10/15 | For Sale | $799,000 | -- | $400 / 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 | $16,660 | $87,627 | $20,317 | $67,310 |
| 2023 | $16,660 | $81,000 | $16,385 | $64,615 |
| 2022 | $16,660 | $81,000 | $16,385 | $64,615 |
| 2021 | $16,288 | $80,999 | $16,384 | $64,615 |
| 2020 | $15,892 | $71,339 | $7,864 | $63,475 |
| 2019 | $15,556 | $77,428 | $7,864 | $69,564 |
| 2018 | $15,295 | $77,428 | $7,864 | $69,564 |
| 2017 | $15,691 | $72,891 | $6,990 | $65,901 |
| 2016 | $14,599 | $72,891 | $6,990 | $65,901 |
Source: Public Records
Agents Affiliated with this Home
-
Hayley Westhoff
Seller's Agent in 2024
Hayley Westhoff
Compass
(773) 729-0594
6 in this area
605 Total Sales
-
Colby Price
Seller Co-Listing Agent in 2024
Colby Price
Jameson Sotheby's Intl Realty
(617) 291-4422
1 in this area
41 Total Sales
-
Emily Madigan
Buyer's Agent in 2024
Emily Madigan
Baird Warner
(773) 999-0510
1 in this area
44 Total Sales
-
Matt Laricy
Seller's Agent in 2021
Matt Laricy
Americorp, Ltd
(708) 250-2696
39 in this area
2,479 Total Sales
-
Jeffrey Lowe
Seller's Agent in 2015
Jeffrey Lowe
Compass
(312) 883-3030
33 in this area
1,119 Total Sales
-
Buyer's Agent in 2015
Geno Petro
Gene D Petro
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12002842
APN: 14-29-418-067-1002
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