NOT LISTED FOR SALE

1320 E Madison Park Unit 1 Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $499,000 - $642,420

4 Beds
3 Baths
2,900 Sq Ft
$462/mo HOA Fee

Last Sold May 09, 2016

Last sale price $565,000 $195 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,135/month

21 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Stainless Steel Appliances
  • Kenwood Academy High School Rated A-
  • Whirlpool Bathtub
  • Detached Garage

About This Home

As of May 2016

Superbly-renovated, bright, family-sized, condo in a boutique building in private, exclusive Madison Park. Absolutely move-in condition. Expansive, gracious rooms with high ceilings & hardwood floors. Luxurious baths, gourmet eat-in kitchen in stone, wood, and high-end stainless appliances, all new windows, central A/C, in-unit W/D, extensive storage. Private entrance to the unit directly from the Park. Deeded 1-car garage + 1 outdoor permit space. Stable building with a well-run association.

Last Agent to Sell the Property

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936 Listed on: 02/01/2016

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jonathan Dennis

@properties Christie's International Real Estate License #475140334

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $462 per month

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Parking Space Is On A Transferrable Lease
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • SpacePak Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Patio
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$462 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 24X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, Security System, Intercom, CO Detectors
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 23X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 16X5, On Level: Main Level, Flooring: Terracotta
  • Bedroom 2: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2900
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Patio, Storms/Screens
  • Exposure: N (North), S (South), E (East), W (West), Park

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Number Parking Spaces: 1
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Parking Ownership: Transferrable Lease
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air, Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, Park/Playground
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 462
  • Management Contact Name: Ian Watson
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self-Managed

Schools

  • Junior High Dist: 299
  • Other Public School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20112121401001

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 8760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
May 9, 2016
Sold by
Pietras Ruth C
Bought by
Schwartz Brian Michael and Schwartz Margaret
Seller's Agent
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jonathan Dennis
@properties Christie's International Real Estate
List Price
$595,000
Sold Price
$565,000
Premium/Discount to List
-$30,000
-5.04%
Current Estimated Value
$588,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,355
Avg. Annual Appreciation
0.42%
Original Mortgage
$417,000
Outstanding Balance
$328,818
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$259,537

Purchase Details

Closed on
Apr 9, 2008
Sold by
Pietras Ruth C
Bought by
Pietras Ruth C and Ruth C Pietras Trust

Purchase Details

Closed on
Aug 25, 2006
Sold by
1320 East Madison Park Llc
Bought by
Pietras Ruth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 8, 2005
Sold by
Ham Mary Kathryn
Bought by
1320 East Madison Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2001
Sold by
Ham Nancy S
Bought by
Ham Nancy S and Ham Mary Kathryn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schwartz Brian Michael $565,000 Chicago Title Insurance Comp
Pietras Ruth C -- None Available
Pietras Ruth C $525,000 None Available
1320 East Madison Park Llc $495,000 Chicago Title Insurance Comp
Ham Nancy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Brian Michael $417,000
Previous Owner Pietras Ruth C $200,000
Previous Owner 1320 East Madison Park Llc $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $565,000 -5.0% $195 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $595,000 -- $205 / 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
2025 $7,411 $43,879 $15,273 $28,606
2024 $7,411 $43,879 $15,273 $28,606
2023 $7,199 $35,000 $12,317 $22,683
2022 $7,199 $35,000 $12,317 $22,683
2021 $7,038 $34,999 $12,316 $22,683
2020 $12,591 $56,521 $9,853 $46,668
2019 $12,366 $61,550 $9,853 $51,697
2018 $12,158 $61,550 $9,853 $51,697
2017 $13,077 $60,749 $8,128 $52,621
2016 $11,667 $60,749 $8,128 $52,621
2015 $10,651 $60,749 $8,128 $52,621
2014 $8,640 $49,135 $6,650 $42,485
2013 $8,458 $49,135 $6,650 $42,485
Source: Public Records

Agents Affiliated with this Home

  • Robert Sullivan

    Seller's Agent in 2016

    Robert Sullivan

    Berkshire Hathaway HomeServices Chicago

    (312) 944-8900

    47 in this area

    133 Total Sales

    Robert Sullivan
    Section Image

  • J

    Buyer's Agent in 2016

    Jonathan Dennis

    @ Properties

    (312) 498-4139

    Jonathan Dennis
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09127952

Midwest Real Estate Data (MRED)

APN: 20-11-212-140-1001

Illinois Cook County Chicago 60615 Kenwood

1320 E Madison Park Unit 1, Chicago, IL

Not Listed for Sale

Condos

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) Based on information submitted to the MLS GRID. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes