NOT LISTED FOR SALE

1320 E Madison Park Unit 3 Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $448,000 - $857,000

4 Beds
3 Baths
3,100 Sq Ft
$462/mo HOA Fee

Last Sold April 10, 2014

Last sale price $675,000 $218 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,222/month

14 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Steam Shower
  • Kenwood Academy High School Rated A-
  • Whirlpool Bathtub
  • Walk-In Pantry

About This Home

As of April 2014

Superbly-renovated, light-filled, family-sized, condo in a boutique building in private, exclusive Madison Park. Absolutely move-in condition. Expansive, gracious rooms w high ceilings & new oak & maple floors. Luxurious baths, gourmet eat-in kitchen in stone, wood, and high-end stainless, all new windows, central A/C, in-unit W/D, WBFP, ext storage. Deeded 1-car garage + 1 outdoor permit space. Well-run association.

Last Agent to Sell the Property

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936 Listed on: 01/27/2014

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Amy Gelman

Meliora Real Estate Group LLC

Property Details

Home Type

  • Condominium

Year Built

  • 1920

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $462 per month

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Off Alley Driveway
  • 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

  • Wood Burning Fireplace
  • Breakfast Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Steam Shower
  • 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
  • Balcony
  • Property is near park

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Year Built

1920

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: 3
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1920
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1920

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 26X17, 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
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 26X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Breakfast Room
  • Master Bedroom: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 8X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 3100
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, 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
  • Driveway: Off Alley
  • 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: Michael Hobaugh
  • Management Phone: 773-750-5392

Fee Information

  • Management Company: Self Managed

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20112121401003

Multi Family

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

Tax Info

  • Taxes: 8933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2017
Sold by
Leavey Johannes William and Appleby Robin
Bought by
Quick Stefan H and Zanocco Courtney
Current Estimated Value
$610,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Outstanding Balance
$480,193
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$130,718

Purchase Details

Listed on
Jan 27, 2014
Closed on
Mar 31, 2014
Sold by
Sufi Amir and Sufi Saima A
Bought by
Appleby Robin and Leavey Johannes William
Seller's Agent
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Amy Gelman
Meliora Real Estate Group LLC
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.85%
Original Mortgage
$475,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
1320 East Madison Park Llc
Bought by
Sufi Amir and Sufi Saima A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Ginsburg Norton S and Ginsburg Diana
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
$527,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quick Stefan H $737,000 Chicago Title Insurance Comp
Appleby Robin $675,000 None Available
Sufi Amir $800,000 Chicago Title
1320 East Madison Park Llc $610,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quick Stefan H $584,000
Previous Owner Appleby Robin $475,000
Previous Owner Sufi Amir $375,000
Previous Owner 1320 East Madison Park Llc $527,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2014 04/10/14 Sold $675,000 -3.4% $218 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $699,000 -- $225 / 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 $6,709 $43,879 $15,273 $28,606
2024 $6,709 $43,879 $15,273 $28,606
2023 $6,495 $35,000 $12,317 $22,683
2022 $6,495 $35,000 $12,317 $22,683
2021 $6,368 $34,999 $12,316 $22,683
2020 $11,900 $56,521 $9,853 $46,668
2019 $11,677 $61,550 $9,853 $51,697
2018 $11,480 $61,550 $9,853 $51,697
2017 $13,078 $60,752 $8,128 $52,624
2016 $12,168 $60,752 $8,128 $52,624
2015 $11,133 $60,752 $8,128 $52,624
2014 $9,116 $49,135 $6,650 $42,485
2013 $8,936 $49,135 $6,650 $42,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08526621

Midwest Real Estate Data (MRED)

APN: 20-11-212-140-1003