NOT LISTED FOR SALE

1044 W Polk St Unit 1 Chicago, IL 60607

Little Italy Neighborhood

Estimated Value: $581,000 - $956,336

5 Beds
4.5 Baths
3,058 Sq Ft
$351/mo HOA Fee

Last Sold July 29, 2022

Last sale price $825,000 $270 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,181/month

18 Days on Market

Highlights

  • Rooftop Deck
  • Wine Refrigerator
  • Formal Dining Room
  • Wood Flooring
  • Sundeck
  • 3-minute walk to Sheridan Park

About This Home

As of July 2022

Extremely rare newer construction 5 bed 4.5 bath triplex in a 2-unit building that lives like a single family home! Tucked away on a tree-lined cul-de-sac in the heart of Little Italy. You will not be disappointed in this spacious and updated home featuring a gas burning fireplace, butler's pantry w/ wine fridge and storage, quartz counters with a waterfall edge, stainless steel appliances and island with seating for 4+. Open kitchen and generous dining space provide plenty of room for a large dining table, ready to entertain. Two private front balconies as well as a huge private rooftop deck off the back of the home. Primary suite and two bedrooms on upper level. Recreation room, two bedrooms and two bathrooms on the lower level with a separate HVAC system. Plentiful closet space and one garage parking spot included. Permit parking on the street, steps to parks, Taylor street restaurants, a couple blocks from CTA Blue Line, easy access to multiple highways and much more. You don't want to miss this one.

Last Agent to Sell the Property

Lauren Mitrick Wood

Compass License #475141655 Listed on: 05/19/2022

Compass

Co-Listed By

Belle Jessen

Sheehan Real Estate License #475194760

Last Buyer's Agent

Casey Christie

City and Field Real Estate License #475194080

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,965

Year Built

  • Built in 2019

Lot Details

  • 2,265

HOA Fees

  • $351 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,058 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, parking, scavenger
  • 2 Units
  • Low-Rise Condominium
  • Property managed by Developer

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Additional Features

  • Sundeck
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,965

Year Built

Built in 2019

Lot Details

0

HOA Fees

$351 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: 2019
  • Age: 1-5 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: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full, Walkout
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 999
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3058
  • Room Type: Balcony/Porch/Lanai, Bedroom 5
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 3058
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2059
  • Basement Sq Ft: 999
  • Fireplace Location: Dining Room
  • Total Sq Ft: 3058
  • Upper Level Sq Ft: 1033
  • Main Level Sq Ft: 1026

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 875000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 351
  • Association Amenities: Sundeck
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Developer
  • Management Contact Name: xx
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 17965
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 27, 2022
Sold by
Vu Ha and Vu Michelle
Bought by
Lee Nathanael and Lee Lena Younghan
Seller's Agent
Lauren Mitrick Wood
Compass
Buyer's Agent
Casey Christie
City and Field Real Estate
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Current Estimated Value
$846,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,084
Avg. Annual Appreciation
0.78%
Original Mortgage
$742,500
Outstanding Balance
$701,331
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$144,753
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
Lee Nathanael $825,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Nathanael $742,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $825,000 -5.7% $270 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $875,000 +14.8% $286 / Sq Ft
04/08/2020 04/08/20 Sold $762,000 -3.9% $249 / Sq Ft View Prior Sale
01/03/2020 01/03/20 Pending -- -- --
09/04/2019 09/04/19 For Sale $793,000 -- $259 / 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 $16,717 $64,136 $7,193 $56,943
2023 $16,296 $78,961 $4,367 $74,594
2022 $16,296 $78,961 $4,367 $74,594
2021 $15,930 $78,961 $4,367 $74,594
2020 $17,965 $80,375 $4,367 $76,008
Source: Public Records

Agents Affiliated with this Home

  • Lauren Mitrick Wood

    Seller's Agent in 2022

    Lauren Mitrick Wood

    Compass

    (312) 448-4069

    8 in this area

    643 Total Sales

    Lauren Mitrick Wood
    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Belle Jessen

    Sheehan Real Estate

    Section Image

  • C

    Buyer's Agent in 2022

    Casey Christie

    City and Field Real Estate

    (312) 593-8854

    2 in this area

    11 Total Sales

    Casey Christie
    Section Image

  • J

    Seller's Agent in 2020

    Julie Chen

    Kale Realty

    (312) 298-9896

    3 in this area

    9 Total Sales

    Julie Chen
    Section Image
  • Holly Collins

    Buyer's Agent in 2020

    Holly Collins

    Compass

    (773) 294-9308

    44 Total Sales

    Holly Collins
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11401392

Midwest Real Estate Data (MRED)

APN: 17-17-412-049-1001

Illinois Cook County Chicago 60607 Little Italy

1044 W Polk St Unit 1, Chicago, IL

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