NOT LISTED FOR SALE

1257 W Addison St Unit 3 Chicago, IL 60613

Lakeview Neighborhood

Estimated Value: $627,000 - $744,201

2 Beds
2 Baths
-- Sq Ft
$274/mo HOA Fee

Last Sold April 07, 2022

Last sale price $530,000

Est. 28% increase in value since last sale

Current estimated payment $5,052/month

11 Days on Market

Highlights

  • Deck
  • Balcony
  • Living Room
  • Blaine Elementary School Rated A-
  • Brick or Stone Mason
  • 3-minute walk to Sheil Park

About This Home

As of April 2022

Gorgeous penthouse in the middle of Wrigleyville and the Southport Corridor! Large open floor plan with an abundance of light! Kitchen features granite counters, a breakfast bar that seats four and high-end stainless steel appliances. Primary bedroom features Elfa closet system, plenty of room for a king-sized bed and an en-suite with heated floors, a separate glass-enclosed shower, soaking tub and double vanity! Split floor plan and great storage. Washer/Dryer in unit. One exterior parking spot is included in the price. Unit is wired for sound in the living room, primary bedroom and rear deck. Small front balcony and large, south-facing rear deck is HUGE at 18x10...and did I mention the unit has ROOF RIGHTS!? The opportunities are endless! Location is awesome, two blocks east to Wrigley Field and all the bars and restaurants like Smoke Daddy, Big Star, Swift & Sons and tons more, plus a climbing gym! Then 1 block to the west is the Southport Corridor, where you will find amazing restaurants such as Ella Elli, Crosby's Kitchen, Corridor Brewery & Provisions, Coda di Volpe, Sushi Mura, Coalfire and more! And don't forget about the shopping! Abercrombie & Fitch, lululemon, Athleta, J.Crew, Gap and Anthropologie to name a few! This opportunity truly cannot be missed!!

Last Agent to Sell the Property

Alanna O'Connor

Coldwell Banker Realty License #475165093 Listed on: 02/25/2022

Coldwell Banker Realty

Last Buyer's Agent

Matthew Connelly

Dunne Realty Group License #471009206

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,634

Year Built

  • Built in 1901 | Remodeled in 2009

Lot Details

  • Additional Parcels

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 3-Story Property
  • Living Room
  • Dining Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Deck

Schools

  • Blaine Elementary School
  • Lake View High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,634

Year Built

Built in 1901 | Remodeled in 2009

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1901
  • 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: 2009
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2009

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: Deck, Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 535000
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 274
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Blaine Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Blaine Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8633.64
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 22, 2022
Sold by
Rainey Hilary
Bought by
Connelly Patrick G
Seller's Agent
Alanna O'Connor
Coldwell Banker Realty
Buyer's Agent
Matthew Connelly
Dunne Realty Group
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Current Estimated Value
$676,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,653
Avg. Annual Appreciation
6.91%
Original Mortgage
$424,000
Outstanding Balance
$399,232
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$263,736

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 31, 2022
Sold by
Rainey Hilary
Bought by
Connelly Patrick G
Seller's Agent
Alanna O'Connor
Coldwell Banker Realty
Buyer's Agent
Matthew Connelly
Dunne Realty Group
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$399,232
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$263,736

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 18, 2019
Sold by
Brown Nicholas and Leach Nicole
Bought by
Rainey Mary and Rainey Hilary
Seller's Agent
Matthew Liss
Mark Allen Realty ERA Powered
Buyer's Agent
Alanna O'Connor
Coldwell Banker Realty
List Price
$499,500
Sold Price
$495,500
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$421,175
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2009
Sold by
1257 West Addison Llc
Bought by
Burgei Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2008
Sold by
Dougherty Ronald
Bought by
1257 West Addison Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,287,407
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2004
Sold by
Dougherty Ronald
Bought by
Dougherty Ronald and Trust #001

Purchase Details

Closed on
May 14, 2003
Sold by
Dougherty Lorraine and Dougherty Richard
Bought by
Dougherty Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,300
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Hayes William and Hayes Mary Jo
Bought by
Dougherty Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,600
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1996
Sold by
Uslander Robert L and Uslander Sandra
Bought by
Moon Mary Jo and Hayes William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 1996
Sold by
Uslander Arlene S
Bought by
Uslander Robert L and Uslander Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
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
Connelly Patrick G $530,000 --
Connelly Patrick G $530,000 Burnet Title
Rainey Mary $495,500 Chicago Title
Burgei Joel $365,000 Cti
1257 West Addison Llc -- First American
Dougherty Ronald -- --
Dougherty Ronald R -- --
Dougherty Ronald $642,000 --
Moon Mary Jo $360,000 Ticor Title Insurance
Uslander Robert L -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connelly Patrick G $424,000
Previous Owner Rainey Mary $421,175
Previous Owner Burgei Joel M $302,000
Previous Owner Dougherty Ronald $417,000
Previous Owner Dougherty Ronald $417,000
Previous Owner Burgei Joel $310,250
Previous Owner 1257 West Addison Llc $1,287,407
Previous Owner Dougherty Ronald R $513,300
Previous Owner Dougherty Ronald $513,600
Previous Owner Moon Mary Jo $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $530,000 -0.9% --
03/09/2022 03/09/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $535,000 +8.0% --
04/26/2019 04/26/19 Sold $495,500 -0.8% --
03/15/2019 03/15/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $499,500 +23.2% --
10/10/2013 10/10/13 Sold $405,500 -3.2% --
08/14/2013 08/14/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $419,000 -- --
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 $12,870 $49,673 $17,120 $32,553
2023 $11,280 $61,000 $13,807 $47,193
2022 $11,280 $61,000 $13,807 $47,193
2021 $11,061 $60,999 $13,806 $47,193
2020 $8,172 $42,269 $5,890 $36,379
2019 $8,011 $46,045 $5,890 $40,155
2018 $8,417 $46,045 $5,890 $40,155
2017 $8,297 $41,919 $5,154 $36,765
2016 $7,896 $41,919 $5,154 $36,765
2015 $7,681 $41,919 $5,154 $36,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11332616

Midwest Real Estate Data (MRED)

APN: 14-20-306-042-1008