NOT LISTED FOR SALE

1307 W Eddy St Unit 3 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $556,000 - $705,485

3 Beds
1 Bath
1,000 Sq Ft
3,703 Sq Ft Lot

Highlights

  • Forced Air Heating and Cooling System
  • 4-minute walk to Southport Station
  • 2-minute walk to Sheil Park
  • Blaine Elementary School Rated A-

About This Home

As of August 2020

Located in the absolute heart of the Southport Corridor, 1307 Eddy offers spacious 3 bedroom apartments. The apartments themselves feature hardwood floors throughout, kitchens plus sunroom/dining room, plus a separate living room and dining room, central air and forced heat. The building is cat friendly, but no dogs please, and laundry is located onsite!

Last Agent to Rent the Property

Alexander Morsch

Cross Street Real Estate License #475184474 Listed on: 06/16/2020

Cross Street Real Estate

Last Renter's Agent

Andrew Lowrance

Cross Street Real Estate License #475190462

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,971

Year Built

  • 1911

Lot Details

  • 3,703

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,971

Year Built

1911

Lot Details

0

Rental Info

  • Available: 08/01/2020
  • Monthly Lot Rental Included: Water, Scavenger, Exterior Maintenance, Snow Removal

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 3RD
  • Age: Unknown
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Low Rise (1-3 Stories)
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built (Public Record): 1911

Interior Features

  • Number Of Rooms: 6
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X10
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 8X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 8X9
  • Third Bedroom Flooring: Hardwood
  • Above Grade Bedrooms: 3
  • Living Room Level: Main Level
  • Living Room Size: 13X15
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 8X5
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 12X8
  • Kitchen Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Estimated Sq Ft: 1000

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Pet Information: Additional Pet Rent, Cats OK, Deposit Required

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125

Multi Family

  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2016
Sold by
Orbin Scott A and Burgoyne Alison Y
Bought by
1307 W Eddy Llc
Current Estimated Value
$615,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$306,368
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$309,253

Purchase Details

Closed on
Sep 2, 2005
Sold by
Vantol Todd J and Vantol Van Tol
Bought by
Orbin Scott A and Burgoyne Alison Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Scheiner Eric and Scheiner Bethany
Bought by
Vantol Todd Joseph and Sarkozy Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,800
Interest Rate
6.37%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Scheiner Eric C and Scheiner Bethany
Bought by
Scheiner Eric C

Purchase Details

Closed on
Apr 30, 1999
Sold by
Hoese David R
Bought by
Scheiner Eric C and Scheiner Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,125
Interest Rate
7.67%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
1307 W Eddy Llc $411,500 Chicago Title
Orbin Scott A $365,000 Mtc
Vantol Todd Joseph $321,000 Lawyers Title Insurance Corp
Scheiner Eric C -- --
Scheiner Eric C $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1307 W Eddy Llc $380,000
Previous Owner Orbin Scott A $292,000
Previous Owner Vantol Todd Joseph $256,800
Previous Owner Scheiner Eric C $197,125
Closed Vantol Todd Joseph $44,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2020 08/02/20 Rented $2,175 +9.1% --
07/30/2020 07/30/20 Off Market $1,993 -- --
07/21/2020 07/21/20 Price Changed $1,993 -5.5% $2 / Sq Ft
07/14/2020 07/14/20 Price Changed $2,108 -8.1% $2 / Sq Ft
07/13/2020 07/13/20 Price Changed $2,295 -8.0% $2 / Sq Ft
06/23/2020 06/23/20 Price Changed $2,495 -3.9% $2 / Sq Ft
06/16/2020 06/16/20 For Rent $2,595 -- --
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 $10,971 $46,509 $24,494 $22,015
2023 $10,695 $52,000 $19,753 $32,247
2022 $10,695 $52,000 $19,753 $32,247
2021 $10,456 $51,999 $19,753 $32,246
2020 $8,769 $39,362 $8,428 $30,934
2019 $8,615 $42,879 $8,428 $34,451
2018 $8,470 $42,879 $8,428 $34,451
2017 $7,094 $32,955 $7,374 $25,581
2016 $6,600 $32,955 $7,374 $25,581
2015 $6,039 $32,955 $7,374 $25,581
2014 $5,616 $32,500 $6,024 $26,476
2013 $6,155 $36,471 $6,024 $30,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10748594

Midwest Real Estate Data (MRED)

APN: 14-20-305-036-1003