NOT LISTED FOR SALE

1215 W Gunnison St Unit 315 Chicago, IL 60640

Sheridan Park Neighborhood

Estimated Value: $348,000 - $502,000

1 Bed
2 Baths
1,500 Sq Ft
$430/mo HOA Fee

Last Sold June 22, 2020

Last sale price $304,500 $203 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,925/month

32 Days on Market

Highlights

  • The property is located in a historic district
  • Whirlpool Bathtub
  • Den
  • Wood Flooring
  • End Unit
  • 4-minute walk to Hickory Park

About This Home

As of June 2020

Please note: This duplex loft was originally a 2-bedroom, but the current owner removed a wall to further open up an already large, open dining and living room to accommodate a study/den space. The wall can easily be re-built to make a 2-bedroom, 2 full bath unit. The Gunnison Street Lofts were converted in 2008 from a small warehouse built in the style of many Uptown buildings of the era, with terracotta facades containing many Art Deco flourishes. Its 22 units provide a feeling of intimacy and community. When you walk into this 1500 s.f. corner duplex unit you are immediately struck by the enormous amount of natural light from the 6 bays of 14-foot, nearly floor-to-ceiling windows on each of the east-facing and north-facing walls. This is the grand space of the communal living area. Also on this first floor is the recently-updated kitchen and updated full bathroom. Going up the stairs there is a space that could accommodate a small lounge or office, but is currently used as a bedroom. Down a short hallway, is the upstairs full bathroom, also recently renovated. Like the living space on the first floor, the master bedroom is bathed in natural light from two thermal-pane windows that fill the entire length of both corner walls. From here you can step outside to your private balcony, twice the size of most of the other units for being a corner unit. Because the top of the building facade extends 5 feet above the floor of the balcony, it has the advantage of being completely private while allowing you to view the skyline beyond, even while lying in bed. Gunnison Street Lofts is an elevator building, virtually across the street from the Red Line Lawrence stop. Each unit has a deeded parking space in a heated basement garage (sold separately). The building is down the street from the newly City-designated Uptown Entertainment District, a designation given in recognition of the two recently-renovated ornate movie palaces from the 20s - the Riviera and Aragon - revived as music venues. The famed Double Door music club is headed for another lapsed vaudeville theater nearby. The loft building is also within the newly-designated "Historical District" to pay homage to both the architecture of it's historic theaters and the ornate terracotta facades of its many commercial buildings, including Gunnison Street Lofts. Uptown is happening! Welcome, and come in style with this airy, contemporary, light-filled loft.

Last Agent to Sell the Property

Lizanne Pilot

Coldwell Banker Realty License #475168886 Listed on: 04/06/2020

Coldwell Banker Realty

Last Buyer's Agent

Justine Pasculado

Chicago Properties Firm License #475179865

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,427

Year Built | Renovated

  • 1920 | 2008

Lot Details

  • End Unit
  • East or West Exposure

HOA Fees

  • $430 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Location

  • Property is near a bus stop
  • The property is located in a historic district

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,427

Year Built | Renovated

1920 | 2008

Lot Details

0

HOA Fees

$430 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Historical District
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2008
  • Square Footage Comments: Buyers agent and buyer to confirm SF measurement.
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1920
  • Type Attached: Condo-Duplex, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1920
  • Year Renovated: 2008

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 11X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: Balcony, Den
  • Master Bedroom: Dimensions: 15X19, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Balcony, Dimensions: 28X24, On Level: 2nd Level
  • Additional Room 2 Name: Den, Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1500
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Concrete
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: N (North), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 20000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage, Security Door Locks
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 430
  • Management Contact Name: Bruce Karbal
  • Management Phone: 847-324-8930

Fee Information

  • Management Company: Cagen

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14083200151038

Multi Family

  • Total Number Unitsin Building: 22
  • Number Stories: 4

Tax Info

  • Taxes: 6061.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jun 12, 2020
Sold by
Finkel David
Bought by
Buckley Patrick
Seller's Agent
Lizanne Pilot
Coldwell Banker Realty
Buyer's Agent
Justine Pasculado
Chicago Properties Firm
List Price
$355,000
Sold Price
$304,500
Premium/Discount to List
-$50,500
-14.23%
Current Estimated Value
$403,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,987
Avg. Annual Appreciation
4.41%
Original Mortgage
$228,375
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
Apr 28, 2012
Sold by
Kollins Shira E
Bought by
Finkel David
Seller's Agent
Connie Abels
RE/MAX Premier
Buyer's Agent
Michael Maremont
Premier Relocation, Inc.
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Jan 31, 2008
Sold by
Kramer Laura B and Kollins Shira E
Bought by
Collins Shira E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2007
Sold by
Bridgeview Bank Group
Bought by
Kramer Laura B and Kollins Shira E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,920
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Buckley Patrick $304,500 Chicago Title
Finkel David $195,000 First American Title
Collins Shira E -- Cti
Kramer Laura B $377,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckley Patrick $228,375
Previous Owner Finkel David $100,000
Previous Owner Collins Shira E $300,000
Previous Owner Kollins Shira E $46,450
Previous Owner Kramer Laura B $301,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $304,500 -14.2% $203 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $355,000 +16.6% $237 / Sq Ft
05/01/2020 05/01/20 Off Market $304,500 -- --
04/20/2020 04/20/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $355,000 +82.1% $237 / Sq Ft
05/03/2012 05/03/12 Sold $195,000 +2.6% $130 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $190,000 -- $127 / 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 $3,427 $35,619 $5,765 $29,854
2023 $4,047 $19,000 $4,635 $14,365
2022 $4,047 $19,000 $4,635 $14,365
2021 $3,962 $18,999 $4,635 $14,364
2020 $4,468 $24,945 $2,781 $22,164
2019 $4,438 $27,490 $2,781 $24,709
2018 $5,625 $27,490 $2,781 $24,709
2017 $4,118 $18,492 $2,433 $16,059
2016 $2,938 $18,492 $2,433 $16,059
2015 $3,505 $18,492 $2,433 $16,059
2014 $2,492 $17,438 $1,868 $15,570
2013 $3,288 $17,438 $1,868 $15,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10684955

Midwest Real Estate Data (MRED)

APN: 14-08-320-015-1038