NOT LISTED FOR SALE

1243 N Wolcott Ave Unit 1 Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $693,000 - $806,000

3 Beds
2 Baths
2,000 Sq Ft
5,489 Sq Ft Lot

Last Sold September 21, 2022

Last sale price $682,544 $341 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,197/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Balcony
  • A.N. Pritzker School Rated A-
  • Furnished
  • 2 Car Attached Garage

About This Home

As of October 2023

Located on a tree-lined street in Chicago's beloved Wicker Park neighborhood, this sprawling 3-bedroom, 2-bathroom one-of-a-kind home is situated within a former synagogue uniquely converted to condos in 2001. You'll love the character and history of this property, with its soaring ceilings, exposed brick walls, beautiful bamboo floors, marble fireplace, and floor-to-ceiling windows. With over 2,000 square feet of living space, there's plenty of room to work and play from the comfort of your home. The custom kitchen is thoughtfully designed and strikes an impressive balance between form and function. It is fully equipped with stainless steel appliances, granite countertops, and walnut cabinetry. A spacious island overlooking the open-concept living and dining areas completes the space, making it the perfect space to entertain friends and family. This home features three bedrooms, each with its own style and amenities. The first bedroom is a generously sized room with a large closet and plenty of space for a queen-sized bed. The second bedroom includes a built-in Murphy bed, desk, and shelving units, making it ideal as a home office! The sizable primary suite includes a professionally organized walk-in closet, a luxury, spa-style bath with double vanity and quartz countertops, and a secluded private deck, perfect for enjoying a summer evening outdoors. Last but not least, this home includes fresh paint throughout, in-unit laundry, additional storage, and two attached (tandem) heated parking spaces. 1243 N. Wolcott is just steps to all the bars, restaurants, and shopping (try Milk & Honey, Enoteca Roma, Smoke Daddy, Alliance Bakery, and Bordel) that make Wicker Park one of Chicago's most desirable neighborhoods. This is a short term lease fully furnished as well!

Last Agent to Rent the Property

Max Motew

MO2 Brokerage LLC License #475183541 Listed on: 09/12/2023

Last Renter's Agent

Max Motew

MO2 Brokerage LLC License #475183541 Listed on: 09/12/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,154

Year Built

  • 2000

Lot Details

  • 5,489

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Decorative Fireplace
  • Family Room with Fireplace
  • Open Floorplan
  • Storage
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Body Spray

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Property Available on 9/19/23
  • Rent includes water, parking, internet

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 6 Units
  • Community Storage Space

Condo Details

Home Type

Condominium

Est. Annual Taxes

$14,154

Year Built

2000

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-09-19
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 4400
  • Is Parking Included in Price: Yes
  • Furnished Rent Rate: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building,Non-Smoking Unit
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Rebuilt Year: 2001
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Intercom
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Furnished: Yes
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Storage, Some Carpeting, Dining Combo
  • LivingArea: 2000
  • Other Equipment: Humidifier
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Full Body Spray Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Block
  • List Price: 4400
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated,Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Storage
  • Rent Includes: Water, Parking, Internet
  • Management: Self-Management

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0
  • Rural (Y/N): N

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 23, 2022
Sold by
Marcia Lewis Trust
Bought by
Delia Collin and Lammers Ava
Seller's Agent
Kimber Galvin
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jodi Serio
@properties Christie's International Real Estate
List Price
$667,500
Sold Price
$682,544
Premium/Discount to List
$15,044
2.25%
Current Estimated Value
$754,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,181
Avg. Annual Appreciation
3.35%
Original Mortgage
$614,289
Outstanding Balance
$592,281
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$162,444

Purchase Details

Closed on
Dec 9, 2011
Sold by
Burke Gerald and Burke Marcia
Bought by
Burke Marcia and Marcia Lewis Burke Trust

Purchase Details

Closed on
Jul 23, 2007
Sold by
Koutsonicolis George and Koutsonicolis Heather
Bought by
Burke Gerald and Burke Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2005
Sold by
Hammelev James M and Hammelev Karla
Bought by
Koutsonicolis George and Koutsonicolis Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,200
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2001
Sold by
Lasalle Bank National Assn
Bought by
Hammeley James M and Hammeley Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Interest Rate
7.12%
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
Delia Collin $683,000 None Listed On Document
Burke Marcia -- None Available
Burke Gerald $588,000 Attorneys Title Guaranty Fun
Burke Gerald $588,000 Attorneys Title Guaranty Fun
Koutsonicolis George $514,000 First American Title
Hammeley James M $426,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delia Collin $614,289
Previous Owner Burke Gerald $325,000
Previous Owner Koutsonicolis George $411,200
Previous Owner Hammeley James M $340,800
Closed Hammeley James M $42,500
Closed Koutsonicolis George $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Rented $4,520 +2.7% --
10/17/2023 10/17/23 Under Contract -- -- --
10/11/2023 10/11/23 Price Changed $4,400 -8.3% $2 / Sq Ft
09/26/2023 09/26/23 Price Changed $4,800 -12.7% $2 / Sq Ft
09/12/2023 09/12/23 For Rent $5,500 0.0% --
09/21/2022 09/21/22 Sold $682,544 +2.3% $341 / Sq Ft View Prior Sale
08/30/2022 08/30/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $667,500 -- $334 / 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 $14,154 $70,293 $4,004 $66,289
2023 $12,490 $66,883 $4,004 $62,879
2022 $12,490 $66,883 $4,004 $62,879
2021 $12,244 $66,882 $4,004 $62,878
2020 $10,385 $52,200 $4,004 $48,196
2019 $10,152 $56,700 $4,004 $52,696
2018 $9,979 $56,700 $4,004 $52,696
2017 $9,935 $46,150 $3,520 $42,630
2016 $8,386 $46,150 $3,520 $42,630
2015 $7,633 $46,150 $3,520 $42,630
2014 $7,076 $40,704 $3,124 $37,580
2013 $6,925 $40,704 $3,124 $37,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11883095

Midwest Real Estate Data (MRED)

APN: 17-06-227-069-1001