NOT LISTED FOR SALE

1116 W Adams St Unit PHE Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $961,000 - $2,029,000

4 Beds
3 Baths
2,300 Sq Ft
$553/mo HOA Fee

Last Sold August 24, 2020

Last sale price $1,300,000 $565 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,467/month

19 Days on Market

Highlights

  • Rooftop Deck
  • Vaulted Ceiling
  • End Unit
  • Skinner Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of August 2020

Modern luxury living encompasses this West Loop penthouse end-unit. Featuring north, south and east views, this one-of-a-kind home includes 4 bedrooms 3 baths, 14-foot ceilings, private elevator access and a private rooftop deck with unobstructed city views. Spanning 2,300 square feet of living space, custom finishes featured throughout. Kitchen includes high-end cabinetry, counters, appliances and a spacious island. Master suite offers a walk-in closet, a flex office space or workout space and a private balcony. One garage parking space included (2nd parking space available for purchase). Home is situated in a prime location: steps from top-rated Skinner school district, multiple park districts, fine dining and entertainment, and more. Welcome to the heart of the West Loop.

Last Agent to Sell the Property

Steven Powers

Century 21 S.G.R., Inc. License #475146920 Listed on: 06/11/2020

Century 21 S.G.R., Inc.

Last Buyer's Agent

Fadi Matalka

Mark Allen Realty ERA Powered License #475156889

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,560

Year Built

  • 2015

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $553 per month

Parking

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

Home Design

  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • City Lot

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,560

Year Built

2015

Lot Details

0

HOA Fees

$553 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 6
  • Age: 1-5 Years
  • Full Bathrooms: 3
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2015
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 2015

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Intercom
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 8X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Balcony, Deck, Walk In Closet
  • Master Bedroom: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Balcony, Dimensions: 6X8, On Level: Main Level
  • Additional Room 2 Name: Deck, Dimensions: 25X20, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 3 Name: Walk in Closet, Dimensions: 13X5, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 4: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Estimated Sq Ft: 2300
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Roof Deck, End Unit
  • Exposure: N (North), S (South), E (East), City

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 125
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage
  • Assessment Includes: Water, Parking, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 553
  • Management Contact Name: Kenny
  • Management Phone: 773-975-7234

Fee Information

  • Management Company: Kass

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17172101161009

Multi Family

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

Tax Info

  • Taxes: 19150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Aug 18, 2020
Sold by
Mausert Kevin and Mausert Amy
Bought by
Thanki Shameeta Vinod and Subramanian Koushik
Seller's Agent
Steven Powers
Century 21 S.G.R., Inc.
Buyer's Agent
Fadi Matalka
Mark Allen Realty ERA Powered
List Price
$1,349,000
Sold Price
$1,300,000
Premium/Discount to List
-$49,000
-3.63%
Current Estimated Value
$1,436,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,569
Avg. Annual Appreciation
3.72%
Original Mortgage
$1,170,000
Interest Rate
3.37%
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
Thanki Shameeta Vinod $1,300,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thanki Shameeta Vinod $1,170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $1,300,000 -3.6% $565 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,349,000 -- $587 / 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 $27,560 $131,118 $5,878 $125,240
2023 $26,866 $130,175 $3,223 $126,952
2022 $26,866 $130,175 $3,223 $126,952
2021 $26,263 $130,174 $3,223 $126,951
2020 $19,743 $91,433 $3,223 $88,210
2019 $19,480 $100,066 $3,223 $96,843
2018 $19,150 $100,066 $3,223 $96,843
2017 $16,301 $78,840 $2,844 $75,996
2016 $17,170 $85,726 $2,844 $82,882
2015 $15,447 $84,299 $2,844 $81,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10744633

Midwest Real Estate Data (MRED)

APN: 17-17-210-116-1009