NOT LISTED FOR SALE

1340 E 48th St Unit 1B Chicago, IL 60615

Kenwood Neighborhood

Estimated Value: $423,000 - $450,000

3 Beds
3 Baths
3,030 Sq Ft
$929/ mo HOA Fee

Last Sold October 02, 2024

Last sale price $423,200 $140 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,444/month

5 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Formal Dining Room
  • Kenwood Academy High School Rated A-
  • Home Office
  • 4-minute walk to Kenwood Community Park

About This Home

As of October 2024

Rich in scale, history and presentation, this unit is in a real estate echelon of its own. Situated in the heart of Historic Hyde Park, this is an unparalleled opportunity to own a huge condo within walking distance to Lake Michigan. This spectacular unit is exceptionally rare with a massive floor plan including 3-bedrooms, family room, office, and 3-bathrooms. Enter the home through the gracious, spacious foyer flowing into oversized rooms including the huge living room with a stunningly high ceiling, decorative fireplace and built-in bookshelves. In the opposing direction, french doors greet those entering the very accommodating dining room which opens to the kitchen. This home offers a unique layout perfect for luxurious living and entertaining. This unique layout also makes it ideal for extended family living. Adorned with beautiful hardwood, crown molding throughout most areas and plush carpet in select spaces, this home exudes elegance and charm. Nestled within this spacious abode is the updated kitchen with soft close cabinets and drawers, an oversized island and stainless steel appliances. Most bedrooms feature king size lavishness with bathroom access. Due to its West face, most rooms are bathed in natural light streaming through numerous windows during the afternoon and evening. Enjoy serene tree-lined street views from the living room, balcony and bedrooms. Each room has an abundant amount of closet space, two with walk in closets. All units have massive storage rooms in the common area of the basement. This unit features special access to their storage room which containing the laundry room. Come personalize this already charming unit with your decorating ideas! Seller prefers selling as is. Experience condo living at its finest with many hyper-local amenities in the area including fitness clubs, shopping, dining, recreation, parks, lake, & public transportation within very close proximity. This property has professional management.

Last Agent to Sell the Property

Raymond Jones

Village Realty, Inc. License #475122334 Listed on: 07/18/2024

Village Realty, Inc.

Co-Listed By

Paushaun Julien

Village Realty, Inc. License #471010059

Last Buyer's Agent

Lane Chesebro

Coldwell Banker Realty License #475172017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,759

Year Built

  • Built in 1916

Lot Details

  • 0.41

HOA Fees

  • $929 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,030 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Anyone Association, Phone Number (773) 484-3994
  • Property managed by Ultimate Realty Group

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,759

Year Built

Built in 1916

Lot Details

0.41 Acres

HOA Fees

$929 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Gas Oven
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Storage
  • LivingArea: 3030
  • Other Equipment: TV-Cable, Security System, Intercom, Ceiling Fan(s)
  • Room Type: Office, Foyer, Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: French Doors
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 929
  • Association Amenities: Bike Room/Bike Trails, Storage, Ceiling Fan
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Ultimate Realty Group
  • Management Contact Name: Anyone
  • Management Phone: 773-484-3994
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 300

Tax Info

  • Tax Annual Amount: 2759.35
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 29, 2024
Sold by
Lee Deborah E
Bought by
Friedman Danny and Friedman Roxane
Seller's Agent
Raymond Jones
Village Realty, Inc.
Buyer's Agent
Lane Chesebro
Coldwell Banker Realty
List Price
$423,200
Sold Price
$423,200
Views
14
Current Estimated Value
$439,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,973
Avg. Annual Appreciation
2.57%
Source: Public Records
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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
Friedman Danny $423,500 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $423,200 0.0% $140 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/22/2024 07/22/24 Off Market $423,200 -- --
07/18/2024 07/18/24 For Sale $423,200 -- $140 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,759 $42,797 $8,500 $34,297
2024 $2,759 $42,797 $8,500 $34,297
2023 $2,641 $19,001 $6,855 $12,146
2022 $2,641 $19,001 $6,855 $12,146
2021 $2,615 $18,999 $6,854 $12,145
2020 $4,759 $26,947 $5,483 $21,464
2019 $4,656 $29,346 $5,483 $23,863
2018 $4,440 $29,346 $5,483 $23,863
2017 $4,818 $28,456 $4,523 $23,933
2016 $5,475 $31,616 $4,523 $27,093
2015 $4,969 $31,616 $4,523 $27,093
2014 $3,454 $23,017 $3,701 $19,316
2013 $3,366 $23,017 $3,701 $19,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12027931

Midwest Real Estate Data (MRED)

APN: 20-11-202-032-1004

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