Seller's Agent in 2022
Cory Tanzer
Option Premier LLC
(312) 218-4483
10 in this area
463 Total Sales
1061 W 16th St Unit 309 Chicago, IL 60608
Pilsen NeighborhoodEstimated Value: $380,000 - $466,000
2
Beds
2
Baths
1,500
Sq Ft
$410/mo
HOA Fee
Highlights
- Deck
- Terrace
- Storage
- Wood Flooring
- Balcony
- Accessible Kitchen
About This Home
As of February 2022Enjoy the character, history, rich visual appeal and location of this sprawling 1500 square foot, two bedroom, two bath timber loft! Architectural elements throughout provide a sophisticated, industrial vibe. Soaring ceiling heights and hardwood floors in the living area illuminated by natural light streaming through the oversized windows, framing the iconic Chicago skyline. Warm and layered, exposed brick, timeless timber beams, perfect palette, wide open floor plan, defined dining area, and eye catching light fixtures define this home. Well appointed kitchen boasting marble countertops, stainless steel appliances, rich walnut stained cabinets adorned with forged nickel hardware, custom tile backsplash and direct access to the outdoor elevated patio oasis. Retreat to the primary suite with spa inspired bath and dual vanity. Huge second bedroom and bath. Well imagined office nook. Freshly painted, move in condition. Enjoy the convenience of an in unit washer / dryer and storage! New Furnace and AC 2020. The pulse of Pilsen and the energy of UIC, sandwiched between the West and South Loop. Elevator building with parking available. Conveniently located to all expressways, CTA and Metra. Start living your best life. Welcome home! Click on 3D Tour to walk through unit and click on video to watch a custom drone video!
Last Agent to Sell the Property
Option Premier LLC License #475167115 Listed on: 12/31/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,414
Year Renovated
- 2005
Lot Details
- 0.48
HOA Fees
- $410 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,500 Sq Ft Home
- 3-Story Property
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
- Deeded Parking Sold Separately
Accessible Home Design
- Accessible Kitchen
- Accessibility Features
Outdoor Features
- Balcony
- Deck
- Terrace
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 42 Units
Amenities
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 31, 2021
Closed on
Feb 15, 2022
Sold by
Coppola Richard and Maldonado Martha
Bought by
Seidel Patrick
Seller's Agent
Cory Tanzer
Option Premier LLC
Buyer's Agent
Theresa Hahn
Compass
List Price
$399,999
Sold Price
$421,500
Premium/Discount to List
$21,501
5.38%
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
$11,355
Avg. Annual Appreciation
0.97%
Original Mortgage
$379,350
Outstanding Balance
$353,593
Interest Rate
3.55%
Estimated Equity
$82,598
Purchase Details
Listed on
Dec 31, 2021
Closed on
Feb 4, 2022
Sold by
Coppola Richard and Maldonado Martha
Bought by
Seidel Patrick
Seller's Agent
Cory Tanzer
Option Premier LLC
Buyer's Agent
Theresa Hahn
Compass
List Price
$399,999
Sold Price
$421,500
Premium/Discount to List
$21,501
5.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,350
Outstanding Balance
$353,593
Interest Rate
3.55%
Estimated Equity
$82,598
Purchase Details
Listed on
May 9, 2013
Closed on
Jun 27, 2013
Sold by
Marconi Lance
Bought by
Coppola Richard and Maldonado Martha
Seller's Agent
Michelle Mochoruk
Coldwell Banker Real Estate Group
Buyer's Agent
J Maggio
Americorp, Ltd
List Price
$284,900
Sold Price
$300,000
Premium/Discount to List
$15,100
5.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$275,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2007
Sold by
Pilsen Lofts Llc
Bought by
Marconi Lance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
6.25%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Seidel Patrick | $421,500 | -- | |
| Seidel Patrick | $421,500 | -- | |
| Coppola Richard | $300,000 | Stewart Title Company | |
| Marconi Lance | $368,500 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Seidel Patrick | $379,350 | |
| Closed | Seidel Patrick | $379,350 | |
| Previous Owner | Coppola Richard | $240,500 | |
| Previous Owner | Maldonado Martha | $244,000 | |
| Previous Owner | Coppola Richard | $275,000 | |
| Previous Owner | Marconi Lance | $220,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2022 02/10/22 | Sold | $421,500 | +5.4% | $281 / Sq Ft |
| 01/07/2022 01/07/22 | Pending | -- | -- | -- |
| 12/31/2021 12/31/21 | For Sale | $399,999 | +33.3% | $267 / Sq Ft |
| 07/05/2013 07/05/13 | Sold | $300,000 | +5.3% | $200 / Sq Ft |
| 05/11/2013 05/11/13 | Pending | -- | -- | -- |
| 05/09/2013 05/09/13 | For Sale | $284,900 | -- | $190 / 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 | $7,658 | $38,756 | $2,446 | $36,310 |
| 2023 | $6,762 | $36,297 | $1,553 | $34,744 |
| 2022 | $6,762 | $36,297 | $1,553 | $34,744 |
| 2021 | $6,629 | $36,296 | $1,553 | $34,743 |
| 2020 | $5,414 | $24,303 | $1,553 | $22,750 |
| 2019 | $5,465 | $27,203 | $1,553 | $25,650 |
| 2018 | $5,373 | $27,203 | $1,553 | $25,650 |
| 2017 | $4,853 | $22,543 | $1,354 | $21,189 |
| 2016 | $4,515 | $22,543 | $1,354 | $21,189 |
| 2015 | $4,131 | $22,543 | $1,354 | $21,189 |
| 2014 | $3,554 | $19,157 | $1,189 | $17,968 |
| 2013 | $3,006 | $19,157 | $1,189 | $17,968 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Tanzer
-
Theresa Hahn
Buyer's Agent in 2022
Theresa Hahn
Compass
(815) 252-0447
1 in this area
102 Total Sales
-
M
Seller's Agent in 2013
Michelle Mochoruk
Coldwell Banker Real Estate Group
-
J Maggio
Buyer's Agent in 2013
J Maggio
Americorp, Ltd
(312) 450-0012
130 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11296222
APN: 17-20-402-038-1030
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