$875,000
SOLD JAN 24, 2025

1114 W Chestnut St Unit 2W Chicago, IL 60642

West Town Neighborhood
3 Beds
2.5 Baths
2,000 Sq Ft
$239/mo HOA Fee

Recently Sold

$438 Per Sq Ft

4% Below List Price

65 Days on Market

Highlights

  • Penthouse
  • 4-minute walk to Chicago Avenue Station (Blue Line)
  • Steam Shower
  • Rooftop Deck
  • Heated Floors
  • Stainless Steel Appliances

About This Home

As of January 2025

Nestled in the vibrant heart of River West, this penthouse duplex epitomizes modern contemporary living with a touch of luxury that you would expect. The residence boasts three expansive balconies w / Northern and Southern exposures. A private 22 x 37 foot private rooftop deck, offering breathtaking skyline views, perfect for serenity and entertaining. Inside, the timeless elegance of dark walnut hardwood flooring extends throughout, complemented by soaring 10-foot ceilings that enhance the sense of space and grandeur. The architectural centerpiece is an open Living Room Dining Room combination are w/ stunning glass and steel staircase, seamlessly integrating with the hardwood floors to maintain the aesthetic flow. The kitchen, a culinary dream, features contrasting Euro high gloss cabinets, a sleek waterfall-edge island, and high-end Bosch appliances, all accented by subtle under-cabinet lighting. Rear Balcony access great for grilling. The master suite is a sanctuary of relaxation, complete with heated floors, a luxury oversized steam and rain shower, and ample closet space finished with custom organizers. 3rd bedroom is currently set up as an office with built-in desk and media center with electric fireplace. Additional comforts include a custom mudroom area under stairs an attached garage parking space and heated driveway. The outdoor experience is further enhanced by a power retractable awning covering a seating area complete with a TV setup, ensuring entertainment and comfort in any weather. This home is not just a living space but a statement of sophistication and style. Lots of updates makes this better than new construction. Odgen School Dist. Abundance of amenities within walking distance: Blue Line, Fulton Market, River North, and West Loop. Please see interactive 3D tour.

Last Agent to Sell the Property

Michael Loiacono

Royce Group Real Estate Co. License #471005414 Listed on: 10/04/2024

Last Buyer's Agent

Jim Buczynski

Compass License #471009567

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,565

Year Built

  • Built in 2018

HOA Fees

  • $239 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Wells Community Academy Senior H High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,565

Year Built

Built in 2018

Lot Details

0

HOA Fees

$239 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,Penthouse
  • Year Built: 2018
  • 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: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit
  • LivingArea: 2000
  • Other Equipment: Intercom, CO Detectors
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Square Footage Comments: TOTAL MEASURED: 2817 SF, 1ST LEVEL = 853 SF, 2ND LEVEL = 762 SF, 3RD LEVEL LOFT = 105 SF, BALCONY = 91 SF, DECK = 246 SF, TERRACE = 760 SF
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Rubber, Other
  • Waterfront: No
  • Exterior Building Type: Brick,Block,Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 239
  • 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
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger

Schools

  • High School: Wells Community Academy Senior H

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Annual Amount: 14564.72
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Jan 20, 2025
Sold by
Lumbreras Joseph J and Mckay Kelly
Bought by
Dawson Cherileigh and Abts Hilary
Seller's Agent
Michael Loiacono
Royce Group Real Estate Co.
Buyer's Agent
Jim Buczynski
Compass
List Price
$914,900
Sold Price
$875,000
Premium/Discount to List
-$39,900
-4.36%
Views
44
Current Estimated Value
$863,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,771
Avg. Annual Appreciation
-0.72%
Original Mortgage
$787,500
Outstanding Balance
$779,828
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$89,352
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $875,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $787,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $875,000 -2.8% $438 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $899,900 -1.6% $450 / Sq Ft
10/04/2024 10/04/24 For Sale $914,900 +20.5% $457 / Sq Ft
07/06/2018 07/06/18 Sold $759,000 0.0% -- View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $759,000 -- --
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
2025 $14,565 $87,484 $10,367 $77,117
2024 $14,565 $87,484 $10,367 $77,117
2023 $14,134 $72,140 $4,731 $67,409
2022 $14,134 $72,140 $4,731 $67,409
2021 $13,837 $72,139 $4,731 $67,408
2020 $16,185 $75,757 $4,731 $71,026
2019 $14,531 $75,757 $4,731 $71,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12180568

Midwest Real Estate Data (MRED)

APN: 17-05-413-160-1004