NOT LISTED FOR SALE

1301 E Madison Park Unit 3 Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $637,000 - $866,000

4 Beds
3 Baths
3,000 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: June 15, 2021

Last sale price $685,000 $228 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,777 / mo

112 Days on Market

Highlights

  • Formal Dining Room
  • Entrance Foyer
  • Heating System Uses Steam
  • Kenwood Academy High School Rated A-
  • Central Air
  • 5-minute walk to Elm Park

About This Home

As of June 2021

This superbly-renovated, light-filled, family-sized, top-floor condo in private, exclusive Madison Park is absolutely in move-in condition. The expansive, gracious rooms, most with unobstructed park views, have high ceilings, beautiful vintage detailing, and oak floors. Four spacious bedrooms, three marble baths, a gourmet kitchen in stone, wood, and stainless steel, recessed lighting, many replacement windows, central A/C, in-unit W/D, extensive storage. Elevator building. Well-run association. Permit parking in Madison Park available for $400 / year.

Last Agent to Sell the Property

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936 Listed on: 01/12/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Joanne Bullen

Ultimate Realty Group LLC License #471019144

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,362

Year Built

  • Built in 1916

Lot Details

  • 9,583

HOA Fees

  • $825 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Zoned Parking Permit
  • Unassigned Parking

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, tv/cable
  • 6 Units
  • Bob Kurtz Association
  • Low-Rise Community
  • Property managed by Self-Managed

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,362

Year Built

Built in 1916

Lot Details

9,583 Sq Ft Lot

HOA Fees

$825 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • LivingArea: 3000
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 825
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Bob Kurtz
  • Management Phone: 999-999-9999

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, TV/Cable

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9362.48
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Jun 9, 2021
Sold by
Bought by
Seller's Agent
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Joanne Bullen
Ultimate Realty Group LLC
List Price
$725,000
Sold Price
$685,000
Premium/Discount to List
-$40,000
-5.52%
Current Estimated Value
$785,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,630
Avg. Annual Appreciation
2.71%
Original Mortgage
$548,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,250
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,200
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$685,000 Chicago Title
$630,000 Chicago Title Insurance Co
$639,000 Chicago Title Insurance Comp
$285,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $548,000
Previous Owner $486,000
Previous Owner $488,000
Previous Owner $148,250
Previous Owner $417,000
Previous Owner $511,200
Previous Owner $256,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $685,000 -2.0% $228 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $699,000 -3.6% $233 / Sq Ft
01/11/2021 01/11/21 For Sale $725,000 -- $242 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,046 $68,500 $9,999 $58,501
2024 $8,046 $68,500 $9,999 $58,501
2023 $7,816 $38,000 $8,064 $29,936
2022 $7,816 $38,000 $8,064 $29,936
2021 $6,972 $37,999 $8,064 $29,935
2020 $9,543 $45,940 $6,451 $39,489
2019 $9,362 $50,029 $6,451 $43,578
2018 $9,882 $50,029 $6,451 $43,578
2017 $10,644 $49,443 $5,322 $44,121
2016 $9,903 $49,443 $5,322 $44,121
2015 $9,060 $49,443 $5,322 $44,121
2014 $8,839 $47,640 $4,354 $43,286
2013 $8,664 $47,640 $4,354 $43,286
Source: Public Records

Agents Affiliated with this Home

  • Robert Sullivan

    Seller's Agent in 2021

    Robert Sullivan

    Berkshire Hathaway HomeServices Chicago

    (312) 944-8900

    44 in this area

    129 Total Sales

    Robert Sullivan
    Section Image
  • Joanne Bullen

    Buyer's Agent in 2021

    Joanne Bullen

    Ultimate Realty Group LLC

    (773) 259-4692

    10 in this area

    122 Total Sales

    Joanne Bullen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10969157

Midwest Real Estate Data (MRED)

APN: 20-11-212-126-1006

Illinois Cook County Chicago 60615 Kenwood

1301 E Madison Park Unit 3, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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