NOT LISTED FOR SALE

1051 W Cornelia Ave Unit 1F Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $742,000 - $956,653

3 Beds
2.5 Baths
2,200 Sq Ft
$280/mo HOA Fee

Last Sold April 28, 2023

Last sale price $867,500 $394 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,929/month

3 Days on Market

Highlights

  • Heated Floors
  • Open Floorplan
  • Wine Refrigerator
  • Nettelhorst Elementary School Rated A-
  • Steam Shower
  • 3-minute walk to Hawthorne Playground

About This Home

As of April 2023

Spacious and stunning first floor duplex down 3 bedroom, 2.5 bathroom unit situated in a newer 2017 construction all brick building on a 44.5 ft wide lot. As you enter the unit, you will notice the soaring 10 foot ceilings, open living space, and attention to detail throughout. The high-end chef's kitchen features custom white wood cabinetry, granite countertops, extra large island for entertaining and room for seating, SubZero / Wolf appliances, subway tile backsplash, under cabinet lighting, and additional wet bar with service sink and wine cooler. Two sets of sliding glass doors provide access to the front balcony with room for seating and includes a built-in gas line for grilling. The interior features beautiful millwork / crown moldings, living room built-in shelving and fireplace, hardwood floors throughout the main level, Anne Sacks tile work in all bathrooms, custom closet shelving throughout and a separate laundry / storage room. The primary suite includes a large walk-in closet, spa-like bathroom with heated floors/steam shower/body spray, separate tub, and water closet. Two additional bedrooms and a jack and jill bathroom with shower/tub are also included in the lower level. 1 car garage parking space.

Last Agent to Sell the Property

Brady Andersen

Compass License #475132603 Listed on: 01/25/2023

Compass

Last Buyer's Agent

Cara Buffa

Berkshire Hathaway HomeServices Chicago License #475155015

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,864

Year Built

  • Built in 2017

Lot Details

  • 5,576

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling height of 10 feet or more
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • 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 Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, electricity, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Kevin Chern Association, Phone Number (312) 899-6175

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,864

Year Built

Built in 2017

Lot Details

0

HOA Fees

$280 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: 2017
  • Age: 6-10 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Heated Floors, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan
  • LivingArea: 2200
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Dogs OK
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Kevin Chern
  • Management Phone: 312-899-6175
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 11864.14
  • Tax Year: 2021

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Apr 21, 2023
Sold by
Timson Andrew Scott and Timson Margaret Ann
Bought by
Bailey Thomas and Bailey Lucille M
Seller's Agent
Brady Andersen
Compass
Buyer's Agent
Cara Buffa
Berkshire Hathaway HomeServices Chicago
List Price
$875,000
Sold Price
$867,500
Premium/Discount to List
-$7,500
-0.86%
Views
9
Current Estimated Value
$876,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,163
Avg. Annual Appreciation
0.42%
Original Mortgage
$650,625
Outstanding Balance
$632,543
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$244,120

Purchase Details

Listed on
Dec 22, 2017
Closed on
Apr 12, 2018
Sold by
1051 W Cornelia Llc
Bought by
Timson Andrew Scott and Timson Margaret Ann
Seller's Agent
Felicia Marinescu
Mod Realty Inc
Buyer's Agent
Non Member
NON MEMBER
List Price
$819,000
Sold Price
$785,000
Premium/Discount to List
-$34,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$200,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bailey Thomas $867,500 Fidelity National Title
Timson Andrew Scott $785,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Thomas $650,625
Previous Owner Timson Andrew Scott $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $867,500 -0.9% $394 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $875,000 +11.5% $398 / Sq Ft
04/12/2018 04/12/18 Sold $785,000 -1.8% $357 / Sq Ft View Prior Sale
02/05/2018 02/05/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $799,000 -2.4% $363 / Sq Ft
12/22/2017 12/22/17 For Sale $819,000 -- $372 / 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 $12,448 $85,676 $22,878 $62,798
2023 $12,135 $59,000 $18,450 $40,550
2022 $12,135 $59,000 $18,450 $40,550
2021 $11,864 $58,999 $18,450 $40,549
2020 $16,275 $73,056 $7,872 $65,184
2019 $15,989 $79,580 $7,872 $71,708
2018 $3,110 $15,743 $7,872 $7,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704480

Midwest Real Estate Data (MRED)

APN: 14-20-409-044-1001