NOT LISTED FOR SALE

1050 N Hermitage Ave Unit 3 Chicago, IL 60622

East Village Neighborhood

Estimated Value: $607,000 - $739,000

2 Beds
2 Baths
1,350 Sq Ft
$246/mo HOA Fee

Last Sold April 16, 2024

Last sale price $655,000 $485 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,585/month

18 Days on Market

Highlights

  • Penthouse
  • Rooftop Deck
  • Whirlpool Bathtub
  • A.N. Pritzker School Rated A-
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of April 2024

Step into luxury living with this meticulously renovated 2 bed/2 bath duplex up condo, featuring a brand-new kitchen and bathrooms professionally designed by Kuchar Studio. Every detail has been carefully considered, from the waterfall quartz backsplash to the Spanish imported tile and RH fixtures, creating an atmosphere of contemporary elegance. The centerpiece of this home is undoubtedly the EXCLUSIVE rooftop, offering panoramic city views that will take your breath away. Entertain in style with a custom pergola providing the perfect setting for social gatherings. Inside, the modern kitchen boasts premium stainless steel "smart" Cafe appliances, an expansive island, and designer upgrades throughout. Hardwood floors grace the living/dining room, complemented by a stunning fireplace and an abundance of natural light pouring into the extra wide living space with 10' ceilings. The generously sized master bedroom features a private balcony (accessible from the hallway ) a large custom walk-in closet with professional organizers. The master bath is a spa-like retreat with a double vanity, separate shower, heated towel bar Convenience is key with a brand new in-unit washer/dryer, newer AC and a tankless water heater. Plus an additional storage area in the basement and one attached garage space included in the price. Enjoy easy access to 90-94 and find yourself STEPS FROM from the Division blue line stop, parks, restaurants, nightlife, and all that vibrant Wicker Park has to offer.

Last Agent to Sell the Property

Robin Phelps

@properties Christie's International Real Estate License #475154106 Listed on: 02/13/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Tim Sheahan

Compass License #475145058

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,735

Year Built

  • Built in 2001

Lot Details

  • 3,223

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Rooftop Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units
  • Low-Rise Condominium

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,735

Year Built

Built in 2001

Lot Details

0

HOA Fees

$246 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Penthouse
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • 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, Bar Fridge, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1350
  • Other Equipment: Security System, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck, Storms/Screens, Cable Access
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 669000
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 246
  • 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: Self Managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 9734.61
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Apr 15, 2024
Sold by
Benadretti Dustin L
Bought by
Virk Neel and Virk Nickneet
Seller's Agent
Robin Phelps
@properties Christie's International Real Estate
Buyer's Agent
Tim Sheahan
Compass
List Price
$669,000
Sold Price
$655,000
Premium/Discount to List
-$14,000
-2.09%
Views
38
Current Estimated Value
$676,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,139
Avg. Annual Appreciation
2.11%
Original Mortgage
$480,000
Outstanding Balance
$472,828
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$203,311

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 29, 2020
Sold by
Patel Jay
Bought by
Benadretti Dustin L
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Christopher Moy
Compass
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$506,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 8, 2016
Sold by
Ground Llc
Bought by
Patel Jay
Seller's Agent
Joe Zimmerman
Keller Williams ONEChicago
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$574,900
Sold Price
$590,000
Premium/Discount to List
$15,100
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%

Purchase Details

Listed on
Aug 21, 2013
Closed on
Sep 27, 2013
Sold by
Decker Jason M and Simmon Andrew J
Bought by
Low To Ground Llc
Seller's Agent
Douglas Smith
@properties Christie's International Real Estate
Buyer's Agent
Mary Haight Himes
Compass
List Price
$494,500
Sold Price
$508,000
Premium/Discount to List
$13,500
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Aug 24, 2012
Sold by
Decker Jason M and Simmon Andrew J
Bought by
Decker Jason M and Simmon Andrew J

Purchase Details

Closed on
Mar 12, 2010
Sold by
Decker Jason and Simmon Andrew
Bought by
Andrew Decker Jason and Andrew Siimmon

Purchase Details

Closed on
Nov 18, 2008
Sold by
Harts Jon S and Harts Brittain
Bought by
Decker Jason and Simmon Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2004
Sold by
Ogilvie Marc
Bought by
Harts Jon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 2002
Sold by
Bladek & Associates Inc
Bought by
Ogilvic Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,050
Interest Rate
6%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Virk Neel $655,000 Proper Title
Benadretti Dustin L $575,000 Citywide Title Corporation
Patel Jay $590,000 Stewart Title
Low To Ground Llc $508,000 Chicago Title Insurance Comp
Decker Jason M -- None Available
Andrew Decker Jason -- First American Title Insuran
Decker Jason -- First American Title Ins Co
Decker Jason $455,000 Chicago Title Insurance Co
Harts Jon S $357,000 Atgf Inc
Ogilvic Marc $326,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virk Neel $480,000
Previous Owner Benadretti Dustin L $506,000
Previous Owner Decker Jason $409,500
Previous Owner Harts Jon S $285,600
Previous Owner Ogilvic Marc $292,050
Closed Harts Jon S $35,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold $655,000 -2.1% $485 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $669,000 +16.3% $496 / Sq Ft
11/02/2020 11/02/20 Sold $575,000 -4.0% $426 / Sq Ft View Prior Sale
09/21/2020 09/21/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $599,000 +1.5% $444 / Sq Ft
09/12/2016 09/12/16 Sold $590,000 +2.6% $437 / Sq Ft View Prior Sale
08/14/2016 08/14/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $574,900 +13.2% $426 / Sq Ft
10/02/2013 10/02/13 Sold $508,000 +2.7% $376 / Sq Ft View Prior Sale
08/26/2013 08/26/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $494,500 -- $366 / 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 $9,519 $54,139 $8,945 $45,194
2023 $9,230 $48,299 $3,496 $44,803
2022 $9,230 $48,299 $3,496 $44,803
2021 $9,712 $48,297 $3,495 $44,802
2020 $9,878 $44,342 $3,495 $40,847
2019 $9,735 $48,452 $3,495 $44,957
2018 $9,571 $48,452 $3,495 $44,957
2017 $9,394 $43,638 $3,084 $40,554
2016 $8,740 $43,638 $3,084 $40,554
2015 $7,996 $43,638 $3,084 $40,554
2014 $6,043 $32,571 $2,621 $29,950
2013 $5,446 $32,571 $2,621 $29,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11980575

Midwest Real Estate Data (MRED)

APN: 17-06-409-038-1003