NOT LISTED FOR SALE

1406 W Chicago Ave Unit 2 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $596,000 - $612,000

2 Beds
2 Baths
-- Sq Ft
$225/mo HOA Fee

Last Sold September 10, 2024

Last sale price $587,000

Est. 3% increase in value since last sale

Current estimated payment $4,360/month

30 Days on Market

Highlights

  • Rooftop Deck
  • Lock-and-Leave Community
  • Steam Shower
  • Heated Floors
  • Whirlpool Bathtub
  • 2-minute walk to Eckhart (Bernard) Park

About This Home

As of September 2024

Luxurious 2-bedroom, 2-bathroom modern condo with a PRIVATE garage rooftop deck & garage parking with Tesla fast charger! Nestled in the sought-after Noble Square/East Village area, this south-facing condo is bathed in natural light, enhancing the expansive open-concept living area. Cozy up by the gas fireplace, surrounded by custom-built shelving, and enjoy the refined atmosphere it creates. The gourmet kitchen is a chef's DREAM, featuring quartz countertops, a sleek backsplash, and top-tier Bosch appliances, including a cooktop with hood, wine fridge, and an integrated coffee/espresso maker. Retreat to the master suite, which offers a walk-in closet and a spa-like bathroom with a floating vanity, jetted tub, steam shower with body sprays, Toto electronic washlet, and heated floors. Other highlights include automated blackout curtains for ultimate privacy, and ceiling speakers for an immersive audio experience. Step outside to the two balconies, one of which extends into a charming pergola-covered deck on your private garage, perfect for relaxation or entertaining. With its prime location, you are just steps away from CTA train access, eclectic restaurants, boutique shops, and the green expanses of Eckhart Park. Come see why this condo is the epitome of urban luxury living! Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around.

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 07/10/2024

Last Buyer's Agent

Olivia Larson

Fulton Grace Realty License #475191891

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,531

Year Built

  • Built in 2015

Lot Details

  • 2,570

HOA Fees

  • $225 Monthly HOA Fees

Parking

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

Home Design

  • Block Exterior

Interior Spaces

  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Heated Floors

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 4 Units
  • Main@Kormanagement.Com Association, Phone Number (773) 435-9384
  • Mid-Rise Condominium
  • Property managed by Kor management
  • Lock-and-Leave Community

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,531

Year Built

Built in 2015

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 2015
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven, Range Hood, Other
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Heated Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Room Type: Walk In Closet, Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Steam Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Waterfront: No
  • Exterior Building Type: Block

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Zoned
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 225
  • Association Amenities: Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Kor management
  • Management Contact Name: main@kormanagement.com
  • Management Phone: 773-435-9384
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 11531.4
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 6, 2024
Sold by
Shi Ping and Wang Yirou
Bought by
Patel Anita
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Olivia Larson
Fulton Grace Realty
List Price
$599,000
Sold Price
$587,000
Premium/Discount to List
-$12,000
-2%
Views
30
Current Estimated Value
$605,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,146
Avg. Annual Appreciation
2.73%
Original Mortgage
$334,590
Outstanding Balance
$331,185
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$273,961

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 29, 2021
Sold by
Barrs Heidi and Lyne Robert
Bought by
Shi Ping and Wang Yirou
Seller's Agent
Christopher Engelmann
Keller Williams ONEChicago
Buyer's Agent
Collin Wasiak
Compass
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 22, 2019
Sold by
Jecklin Zach and Jecklin Caitlin
Bought by
Lyne Robert and Barrs Heidi
Seller's Agent
John Vossoughi
Jameson Sotheby's Intl Realty
Buyer's Agent
Lisa Petrik
Jameson Sotheby's Intl Realty
List Price
$549,900
Sold Price
$545,000
Premium/Discount to List
-$4,900
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$436,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2014
Sold by
1400 1412 Chicago Llc
Bought by
Jecklin Zach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,880
Interest Rate
4.07%
Mortgage Type
New Conventional
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
Patel Anita $587,000 None Listed On Document
Shi Ping $580,000 North National Title
Lyne Robert $545,000 Greater Illinois Title
Jecklin Zach $451,500 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Anita $334,590
Previous Owner Lyne Robert $436,000
Previous Owner Jecklin Zach $360,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Sold $587,000 -2.0% --
08/10/2024 08/10/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $599,000 +3.3% --
03/29/2021 03/29/21 Sold $580,000 -2.5% -- View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $595,000 +9.2% --
05/10/2019 05/10/19 Sold $545,000 -0.9% -- View Prior Sale
03/24/2019 03/24/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $549,900 -- --
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 $11,531 $54,944 $5,112 $49,832
2023 $11,205 $52,321 $2,333 $49,988
2022 $11,205 $52,321 $2,333 $49,988
2021 $10,952 $52,320 $2,332 $49,988
2020 $9,867 $42,237 $2,332 $39,905
2019 $9,074 $46,513 $2,332 $44,181
2018 $8,936 $46,513 $2,332 $44,181
2017 $9,470 $45,119 $2,058 $43,061
2016 $9,001 $45,119 $2,058 $43,061
2015 $8,782 $45,119 $2,058 $43,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12106848

Midwest Real Estate Data (MRED)

APN: 17-05-324-071-1002