$511,000
SOLD OCT 8, 2021

1318 W George St Unit 3A Chicago, IL 60657

Lakeview Neighborhood
2 Beds
2 Baths
1,650 Sq Ft
$459/mo HOA Fee

Recently Sold

$310 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Penthouse
  • Living Room with Fireplace
  • Heated Garage
  • Augustus H. Burley Elementary School Rated A-
  • Attached Garage
  • 2-minute walk to South Lakeview Park

About This Home

As of October 2021

Beautifully updated top floor 2 Bedroom, 2 Bath duplex condo in the heart of Lakeview and the Burley attendance area. Bright, open concept main living space. Renovated kitchen with huge granite island, perfect for gathering. Stainless steel appliances and storage abound. Main level sliding doors open to the large private terrace, great for grilling and relaxing. Upstairs primary suite and second bedroom. Redone primary bath and walk-in closet. Spa style bath with double headed shower. Terrace off the primary bedroom, and space for a home office and peloton! Well maintained elevator building with only 7 units. Attached heated garage with oversized parking, storage, and rooftop deck with gorgeous skyline views. Renovated and move-in ready!

Last Agent to Sell the Property

John Astorina

Keller Williams ONEChicago License #475143488 Listed on: 08/27/2021

Keller Williams ONEChicago

Last Buyer's Agent

Marc Zale

Compass License #475177554

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,868

HOA Fees

  • $459 per month

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 7 Units
  • Mark Olivo Unit Owner Association, Phone Number (773) 418-2298

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,868

Lot Details

0

HOA Fees

$459 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Condo-Loft,Penthouse
  • Property Sub Type: Condo,Condo-Loft,Penthouse
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Directions: Lincoln Ave to George St. Left on George St.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Fireplace Features: Wood Burning, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Dining Room Type: Deck
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Deck, Roof Deck
  • Foundation Details: Brick/Mortar
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Mark Olivo - Unit Owner
  • Management Phone: 773-418-2298
  • Amenities: Elevator(s), Storage
  • Association Fee: 459
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Burley Elementary School
  • High School: Lake View High School
  • Junior High Dist: 299
  • Middle Or Junior School: Burley Elementary School

Lot Info

  • Special Assessments: N

Rental Info

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

Multi Family

  • Units in Building: 7

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 11315.03
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 8, 2021
Sold by
Harper Thomas W and Harper Jessica
Bought by
Nystrom Jennelle
Seller's Agent
John Astorina
Keller Williams ONEChicago
Buyer's Agent
Marc Zale
Compass
List Price
$499,000
Sold Price
$511,000
Premium/Discount to List
$12,000
2.4%
Current Estimated Value
$682,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,044
Avg. Annual Appreciation
6.20%
Original Mortgage
$459,900
Outstanding Balance
$420,712
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$226,452

Purchase Details

Listed on
Oct 1, 2016
Closed on
Nov 15, 2016
Sold by
Xerogians Cynthia R and Xerogians Cynthia
Bought by
Harper Thomas W and Harper Jessica
Seller's Agent
Mark Keppy
Baird & Warner
Buyer's Agent
John Astorina
Keller Williams ONEChicago
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$394,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2001
Sold by
Cole Taylor Bank
Bought by
Xerogianes Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,500
Interest Rate
6.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2000
Sold by
Corthinos John and Rutland Christine
Bought by
Xerogians Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.95%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Cole Taylor Bank
Bought by
Corthinos John and Rutland Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7%

Purchase Details

Closed on
Jun 2, 1997
Sold by
Cole Taylor Bank
Bought by
Oconnor Philip R and Carlson Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
8%

Purchase Details

Closed on
Jan 19, 1995
Sold by
Berlinger Kenneth L and Berlinger Patricia
Bought by
Cole Taylor Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
9.28%
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 Type Sale Price Title Company
Warranty Deed $511,000 Fidelity National Title
Warranty Deed $415,000 Proper Title Llc
Deed -- --
Warranty Deed $352,500 --
Trustee Deed $275,000 --
Joint Tenancy Deed $510,000 --
Warranty Deed $380,000 Mercury Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,900 New Conventional
Previous Owner $394,250 New Conventional
Previous Owner $249,500 New Conventional
Previous Owner $272,325 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $270,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $221,000 Unknown
Previous Owner $222,500 Unknown
Previous Owner $282,000 No Value Available
Previous Owner $261,000 No Value Available
Previous Owner $510,000 No Value Available
Previous Owner $304,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Rented $4,100 0.0% --
02/21/2023 02/21/23 Under Contract -- -- --
02/06/2023 02/06/23 For Rent $4,100 0.0% --
10/08/2021 10/08/21 Sold $511,000 +2.4% $310 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $499,000 +20.2% $302 / Sq Ft
11/16/2016 11/16/16 Sold $415,000 0.0% $252 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
10/01/2016 10/01/16 For Sale $415,000 -- $252 / 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 $11,868 $62,569 $17,901 $44,668
2023 $11,540 $58,000 $14,883 $43,117
2022 $11,540 $58,000 $14,883 $43,117
2021 $11,294 $57,999 $14,883 $43,116
2020 $11,497 $53,351 $5,774 $47,577
2019 $11,315 $58,182 $5,774 $52,408
2018 $11,123 $58,182 $5,774 $52,408
2017 $6,884 $34,438 $5,196 $29,242
2016 $6,596 $34,438 $5,196 $29,242
2015 $6,024 $34,438 $5,196 $29,242
2014 $5,840 $32,956 $4,408 $28,548
2013 $5,717 $32,956 $4,408 $28,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11202212

Midwest Real Estate Data (MRED)

APN: 14-29-122-050-1006