NOT LISTED FOR SALE

1061 W 16th St Unit 202 Chicago, IL 60608

Pilsen Neighborhood

Estimated Value: $219,000 - $298,000

1 Bed
1 Bath
618 Sq Ft
$204/mo HOA Fee

Last Sold May 05, 2021

Last sale price $222,000 $359 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,892/month

10 Days on Market

Highlights

  • Wood Flooring
  • Beamed Ceilings
  • Attached Garage
  • Granite Countertops
  • Balcony
  • Storage

About This Home

As of May 2021

Sunlit through and through this 1 bed/1bath heavy timber loft of an original industrial building to become known as Chantico Lofts in Pilsen. Brick exterior left exposed to maintain the historic industrial aesthetic. Creating a walkway with personal outdoor patio space. 12' timber ceilings, newer wood floors throughout, open kitchen with granite counters and island, 42" maple cabinets, raw and industrial lighting illuminating the space, in-unit washer/dryer, newly finished steel and concrete patios and walkways facing east with city views, complete with covered garage parking. This is where it's at. Located in the center of Pilsen, UIC, 18th Street, Medical District, South Loop, all the shopping on Roosevelt, minutes to downtown, grocery stores, restaurants, walk to Metra and accessible to all expressways.

Last Agent to Sell the Property

Myra Nimchaiyong

Century 21 S.G.R., Inc. License #471018194 Listed on: 03/14/2021

Century 21 S.G.R., Inc.

Last Buyer's Agent

Miguel Flores

Baird & Warner License #475193061

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,617

Year Built | Renovated

  • 1905 | 2015

Lot Details

  • 0.48

HOA Fees

  • $204 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Beamed Ceilings
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Granite Countertops

Utilities

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

Additional Features

  • Balcony
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,617

Year Built | Renovated

1905 | 2015

Lot Details

0

HOA Fees

$204 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2015
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1905
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Condo-Loft, Mid Rise (4-6 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1905
  • Year Renovated: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Beamed Ceilings, Granite Counters, Lobby
  • Number Of Rooms: 3
  • Living Room: Dimensions: 15X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 13X9, On Level: Main Level
  • Estimated Sq Ft: 618

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 204
  • Management Contact Name: Geoffrey Gross
  • Management Phone: 773-572-0880

Fee Information

  • Management Company: Westward360

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17204020381012

Multi Family

  • Total Number Unitsin Building: 42
  • Number Stories: 4

Tax Info

  • Taxes: 2914.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Apr 30, 2021
Sold by
Kubach Kristine
Bought by
Fuentes Maximillian Richard
Seller's Agent
Myra Nimchaiyong
Century 21 S.G.R., Inc.
Buyer's Agent
Miguel Flores
Baird & Warner
List Price
$225,000
Sold Price
$222,000
Premium/Discount to List
-$3,000
-1.33%
Current Estimated Value
$255,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,164
Avg. Annual Appreciation
3.28%
Original Mortgage
$197,000
Outstanding Balance
$179,978
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$75,186

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jan 8, 2018
Sold by
Wisniewski Frank and Wisniewski Nicole
Bought by
Kubach Kristine
Seller's Agent
Jeanne Keating
Compass
Buyer's Agent
Erich Jackson
Compass
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$173,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2006
Sold by
Pilsen Lofts Llc
Bought by
Wisniewski Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,700
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Fuentes Maximillian Richard $222,000 Chicago Title
Kubach Kristine $205,000 Affinity Title Services
Wisniewski Frank $185,500 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Maximillian Richard $197,000
Previous Owner Kubach Kristine $173,000
Previous Owner Wisniewski Frank $142,122
Previous Owner Wisniewski Frank $27,700
Previous Owner Wisniewski Frank $148,350
Previous Owner Wisniewski Frank $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $222,000 -1.3% $359 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $225,000 0.0% $364 / Sq Ft
01/26/2020 01/26/20 Rented $1,650 +6.5% --
01/12/2020 01/12/20 For Rent $1,550 0.0% --
01/11/2018 01/11/18 Sold $205,000 +3.0% $332 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $199,000 -- $322 / 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 $3,617 $18,305 $1,155 $17,150
2023 $3,526 $17,144 $734 $16,410
2022 $3,526 $17,144 $734 $16,410
2021 $3,447 $17,143 $733 $16,410
2020 $2,557 $11,478 $733 $10,745
2019 $2,581 $12,848 $733 $12,115
2018 $1,859 $12,848 $733 $12,115
2017 $1,565 $10,647 $639 $10,008
2016 $1,632 $10,647 $639 $10,008
2015 $1,470 $10,647 $639 $10,008
2014 $1,202 $9,047 $561 $8,486
2013 $1,167 $9,047 $561 $8,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11020600

Midwest Real Estate Data (MRED)

APN: 17-20-402-038-1012