NOT LISTED FOR SALE

1205 E Madison Park Unit 3 Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $639,000 - $738,000

4 Beds
3 Baths
3,200 Sq Ft
$1,221/ mo HOA Fee

Last Sold October 31, 2023

Last sale price $540,000 $169 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,648/month

37 Days on Market

Highlights

  • Wood Flooring
  • Heated Sun or Florida Room
  • Formal Dining Room
  • Kenwood Academy High School Rated A-
  • Home Office
  • 3-minute walk to Elm Park

About This Home

As of October 2023

Welcome to one of the most spacious and elegant condominium offerings in Madison Park. 3200 square foot top floor unit with wonderful and sunny park views as well as south/western exposure in the rear. Fabulous living room with many original details and fireplace opens to wonderful sunporch and formal dining room. Updated kitchen and baths. Large bedrooms with enormous closets. Originally a five bedroom, two bedrooms have been combined. Additional large sun parlor in the rear perfect for office or relaxation. laundry room with storage in unit. Entire apartment has been completely electrically updated and has 200-amp service. Building was tuck-pointed and had new roof in recent years. Newer boiler and water tank. Well maintained, elevator building. Huge storage in basement, plus one sticker parking space within the park. Welcome home!

Last Agent to Sell the Property

Madelaine Gerbaulet-Vanasse

Meliora Real Estate Group LLC License #471018872 Listed on: 09/01/2023

Last Buyer's Agent

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,988

Year Built

  • Built in 1920 | Remodeled in 2015

Lot Details

  • 0.36

HOA Fees

  • $1,221 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Heated Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Zoned Parking Permit
  • Unassigned Parking

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,988

Year Built

Built in 1920 | Remodeled in 2015

Lot Details

0.36 Acres

HOA Fees

$1,221 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 3200
  • Room Type: Den, Heated Sun Room, Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Storms/Screens, Cable Access
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Zoned Permit
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1221
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Park
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 9987.91
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 31, 2023
Sold by
Lu Zhengfeng and Lu Zhengdong
Bought by
Chicago Title Land Trust Company
Seller's Agent
Madelaine Gerbaulet-Vanasse
Meliora Real Estate Group LLC
Buyer's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Views
28
Current Estimated Value
$682,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,296
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Jun 11, 2012
Sold by
Boix Carlos and Boix Carles
Bought by
Lu Zhengfeng and Liu Zhengdong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2002
Sold by
Weisert Conrad H
Bought by
Alicia Boix Carlos and Alicia Adsera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.25%
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 Buyer Sale Price Title Company
Chicago Title Land Trust Company $540,000 None Listed On Document
Lu Zhengfeng $450,000 First American Title
Alicia Boix Carlos $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Zhengfeng $320,000
Previous Owner Alicia Boix Carlos $357,000
Closed Alicia Boix Carlos $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $540,000 -6.1% $169 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $575,000 +27.8% $180 / Sq Ft
08/14/2012 08/14/12 Sold $450,000 -9.8% $118 / Sq Ft View Prior Sale
04/28/2012 04/28/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $499,000 0.0% $131 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $499,000 -- $131 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,520 $63,772 $15,073 $48,699
2024 $10,520 $63,772 $15,073 $48,699
2023 $10,197 $53,000 $12,156 $40,844
2022 $10,197 $53,000 $12,156 $40,844
2021 $9,988 $52,999 $12,155 $40,844
2020 $6,564 $32,570 $9,724 $22,846
2019 $6,437 $35,469 $9,724 $25,745
2018 $6,413 $35,900 $9,724 $26,176
2017 $6,909 $35,470 $8,022 $27,448
2016 $7,611 $40,499 $8,022 $32,477
2015 $6,941 $40,499 $8,022 $32,477
2014 $7,455 $42,748 $6,564 $36,184
2013 $7,775 $42,748 $6,564 $36,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11875054

Midwest Real Estate Data (MRED)

APN: 20-11-212-123-1008

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