NOT LISTED FOR SALE

1116 W Adams St Unit 5E Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $1,185,000 - $1,570,000

4 Beds
3 Baths
2,298 Sq Ft
$583/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $1,250,000 $544 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,034/month

Highlights

  • Double Shower
  • Wood Flooring
  • Stainless Steel Appliances
  • Skinner Elementary School Rated A-
  • Home Office
  • Balcony

About This Home

As of July 2020

Check out this sensational owner-occupied end-unit in a premiere condo project in the heart of the West Loop residential neighborhood. This 2298 sq.ft, 3 bedroom, 2.5 bath condo features a large and smart open floorplan which includes an additional 4th room to flex as a bedroom, spacious office, or media room; additionally the layout also features tons of sunlight and sensational views from multiple east, east, and south exposures. Some of the other remarkable mentions are the private elevator which open into the unit, two private outdoor spaces, two side-by-side heated parking spaces, and the building is located only a couple blocks away from award winning CPS public school Mark T Skinner, Whitney Young High School, and multiple private schools. In addition to many custom features in the home, the unit features: an open chef's kitchen, 2.5 luxury bathrooms, incredible closet space, hardwood floors throughout, central air & heat, full size washer & dryer in-unit, private elevator, two private outdoor spaces, two car heated garage parking, and more! Tenant pays utilities. Pets negotiable. One month security deposit and condo fees may apply. In person showings with precautions, remote video tours, 3D tours available upon request. Owner's are relocating, home may be available as of 8/1/2020.

Last Agent to Rent the Property

Ari Elliott

The Apartment Source License #475159825 Listed on: 07/02/2020

Last Renter's Agent

Jason Davis

Compass License #475179820

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,230

Year Built

  • 2013

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

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

Interior Spaces

  • Elevator
  • Dry Bar
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Double Shower
  • Garden Bath

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony
  • City Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,230

Year Built

2013

Lot Details

0

Parking

2

Rental Info

  • Available: 08/01/2020
  • Monthly Lot Rental Included: Cable TV, Water, Parking, Doorman, Snow Removal, Internet, Wi-Fi

Listing Details

  • Property Type: Residential Rental
  • Unit Floor Level: 5
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2013
  • Type Attached: Condo
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 6
  • Year Built: 2013

Interior Features

  • Interior Property Features: Bar-Dry, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 4
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 20X13
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X13
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 11X11
  • Fourth Bedroom Flooring: Hardwood
  • Bathroom Amenities: Double Sink, Garden Tub, Double Shower
  • Above Grade Bedrooms: 4
  • Living Room Level: Main Level
  • Living Room Size: 20X24
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 12X9
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 12X12
  • Kitchen Flooring: Hardwood
  • Additional Rooms: Balcony, Office
  • Additional Room 1 Name: Balcony
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 12X6
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 2 Name: Office
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 11X11
  • Additional Room 2 Flooring: Hardwood
  • Estimated Sq Ft: 2298

Exterior Features

  • Exterior Property Features: Balcony
  • Exposure: N (North), S (South), E (East), City

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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

  • Pets Allowed: Yes
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Elevator, Receiving Room, Security Door Locks

Schools

  • School District: 299
  • Elementary School: Skinner Elementary School
  • High School: Young Magnet High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 50
  • Number Stories: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Maesel Scott R and Maesel Courtney S
Bought by
Nunley Loren and Fliegelman Lauren
Current Estimated Value
$1,338,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,080
Outstanding Balance
$908,723
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$437,347

Purchase Details

Closed on
Apr 22, 2019
Sold by
Maesel Scott R and Maesel Courtney
Bought by
Scott R Maesel Trust and Courtney S Maesel Trust

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 21, 2018
Sold by
Richmond Kenneth L and Richmond Marlene A
Bought by
Maesel Scott R and Maesel Courtney
Seller's Agent
Tommy Choi
Keller Williams ONEChicago
Buyer's Agent
Scott Maesel
Sperry Van Ness
List Price
$1,260,000
Sold Price
$1,250,000
Premium/Discount to List
-$10,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$900,325
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2016
Sold by
Richmond Kenneth L and Richmond Marlene A
Bought by
Richmond Kenneth L and The Kenneth L Richmond Trust
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
Nunley Loren $1,250,500 Chicago Title
Scott R Maesel Trust -- Attorney
Maesel Scott R $1,238,000 Citywide Title Corporation
Richmond Kenneth L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunley Loren $1,000,080
Previous Owner Maesel Scott R $900,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Off Market $5,750 -- --
07/06/2020 07/06/20 Rented $5,950 +3.5% --
07/02/2020 07/02/20 For Rent $5,750 0.0% --
09/21/2018 09/21/18 Sold $1,250,000 -0.8% $544 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $1,260,000 +62.6% $548 / Sq Ft
01/27/2015 01/27/15 Sold $774,900 0.0% $337 / Sq Ft
12/26/2014 12/26/14 Off Market $774,900 -- --
06/26/2013 06/26/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $709,900 -- $309 / 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 $23,230 $110,845 $4,969 $105,876
2023 $22,645 $109,726 $2,725 $107,001
2022 $22,645 $109,726 $2,725 $107,001
2021 $22,137 $109,725 $2,724 $107,001
2020 $17,276 $77,295 $2,724 $74,571
2019 $17,053 $84,593 $2,724 $81,869
2018 $15,539 $84,593 $2,724 $81,869
2017 $13,085 $66,649 $2,404 $64,245
2016 $14,515 $72,471 $2,404 $70,067
2015 $12,532 $72,702 $2,404 $70,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10767527

Midwest Real Estate Data (MRED)

APN: 17-17-210-116-1007