NOT LISTED FOR SALE

1404 W Erie St Unit 3 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $806,000 - $987,000

3 Beds
2 Baths
2,800 Sq Ft
$164/mo HOA Fee

Last Sold July 19, 2021

Last sale price $770,000 $275 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,819/month

6 Days on Market

Highlights

  • Penthouse
  • Deck
  • Whirlpool Bathtub
  • Open Floorplan
  • Wood Flooring
  • 3-minute walk to Bickerdike (George) Square Park

About This Home

As of July 2021

Extraordinary two FULL floor duplex penthouse in an all brick building with rare RM-4.5 zoning, culminates with a 1,000 square foot private roof deck plus three additional outdoor spaces! With almost 2,800 square feet of living, this 3 bed, 2 bath home features separate living and family rooms, perfect for those needing the added square footage and tired of seeing cramped three bedrooms. Built in 2006, the home has hardwood floors throughout, upgraded kitchen with granite countertops and stainless steel appliances, wet bar in the upstairs family room, lux bathrooms including a master en-suite with rainfall shower head and steam capability, spacious bedrooms, office nook, washer/dryer in unit, and plenty of storage. The private roof deck is accessible only through the home, boasting 360 degree views with unobstructed sights of the skyline. Truly a rare space due to the zoning which allows for a higher floor to area ratio. One garage spot is included as well. Perfect location with easy access to downtown and the expressway, and walking distance to tons of restaurants and nightlife such as Beatnik, Fry the Coop, Coalfire, Twisted Spoke and more! You won't see another home such as this in the area: the square footage and outdoor space are unmatched, so come visit today!

Last Agent to Sell the Property

Andrew Hasdal

Keller Williams ONEChicago License #475138872 Listed on: 05/19/2021

Keller Williams ONEChicago

Last Buyer's Agent

Kate Gaffey

Fulton Grace Realty License #475176942

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,054

Year Built

  • Built in 2006

Lot Details

  • 3,180

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Otis Elementary School
  • Wells Community Academy Senior H High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, electricity, insurance, exterior maintenance, lawn care, scavenger
  • 3 Units
  • Nora Platt Association, Phone Number (773) 875-1569

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,054

Year Built

Built in 2006

Lot Details

0

HOA Fees

$164 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,Penthouse
  • Year Built: 2006
  • Age: 11-15 Years
  • 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
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Dining Combo, Granite Counters
  • LivingArea: 2800
  • Room Type: Deck, Office
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 769900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 164
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Nora Platt
  • Management Phone: 773-875-1569

Fee Information

  • Association Fee Includes: Water, Electricity, Insurance, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • Elementary School: Otis Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Otis Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11053.73
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 15, 2021
Sold by
Krohn Frederick L and Krohn Jennifer
Bought by
Benz Daniel and Kelly Elyse
Seller's Agent
Andrew Hasdal
Keller Williams ONEChicago
Buyer's Agent
Kate Gaffey
Fulton Grace Realty
Sold Price
$770,000
Current Estimated Value
$888,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,754
Avg. Annual Appreciation
3.41%
Original Mortgage
$616,000
Outstanding Balance
$558,924
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$329,830

Purchase Details

Closed on
Nov 15, 2006
Sold by
1404 West Erie Inc
Bought by
Merrion Daniel J and Merrion Jodi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,555
Interest Rate
6.41%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Benz Daniel $770,000 Chicago Title
Merrion Daniel J $595,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benz Daniel $616,000
Previous Owner Merrion Daniel J $414,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $770,000 0.0% $275 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/25/2021 05/25/21 For Sale -- -- --
05/19/2021 05/19/21 For Sale $769,900 -- $275 / 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 $11,930 $71,181 $8,968 $62,213
2023 $11,595 $56,376 $4,093 $52,283
2022 $11,595 $56,376 $4,093 $52,283
2021 $10,667 $56,374 $4,092 $52,282
2020 $11,129 $53,058 $4,092 $48,966
2019 $11,051 $58,432 $4,092 $54,340
2018 $10,864 $58,432 $4,092 $54,340
2017 $10,106 $50,323 $3,611 $46,712
2016 $9,579 $50,323 $3,611 $46,712
2015 $9,906 $56,681 $3,611 $53,070
2014 $7,082 $40,738 $3,069 $37,669
2013 $7,409 $40,738 $3,069 $37,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11093325

Midwest Real Estate Data (MRED)

APN: 17-08-113-038-1003