NOT LISTED FOR SALE

1414 W Chestnut St Unit 3 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $734,000 - $822,000

3 Beds
2.5 Baths
2,500 Sq Ft
$156/mo HOA Fee

Last Sold June 21, 2022

Last sale price $700,000 $280 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,217/month

3 Days on Market

Highlights

  • Rooftop Deck
  • Main Floor Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Whirlpool Bathtub
  • 3-minute walk to Eckhart (Bernard) Park

About This Home

As of June 2022

Amazing 2500 sqft three bed/two and a half bath penthouse in prime West Town location with spectacular downtown views! Refinished hardwood floors throughout and 4 separate outdoor spaces including a private rooftop deck. Open concept living and dining room with south facing exposure filling the living space with natural light. Spacious kitchen complete with island, stainless steel appliances, and ample storage. French doors lead to the one bedroom on the main level making it the perfect office or guest bedroom. The second level has two bedrooms including the large primary suite with a huge closet with custom built-ins and walk out private balcony. This home has been recently repainted, and the floors have been refinished. Garage parking, in-unit washer/dryer, and exterior storage space included. Across from Eckhart Park. Enjoy everything West Town and Wicker Park has to offer. Easy access to 90/94 and the CTA.

Last Agent to Sell the Property

Chase Miller

Engel & Voelkers Chicago License #475184291 Listed on: 05/17/2022

Last Buyer's Agent

Chloe Reynolds

Compass License #475179077

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,885

Year Built

  • Built in 2004

Lot Details

  • 3,093

HOA Fees

  • $156 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Otis Elementary School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 3 Units

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,885

Year Built

Built in 2004

Lot Details

0

HOA Fees

$156 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 2004
  • Age: 16-20 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, Laundry Hook-Up in Unit
  • LivingArea: 2500
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck
  • List Price: 659000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 156
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: N/A
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Otis Elementary School
  • 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: 50

Tax Info

  • Tax Annual Amount: 8885
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jun 30, 2016
Sold by
Little Big Horn Llc
Bought by
Peterson Lauren and Reeves Jonathan
Seller's Agent
Mike Vesole
Jameson Sotheby's Intl Realty
Buyer's Agent
Andreas Holder
Engel & Voelkers Chicago
List Price
$559,900
Sold Price
$559,900
Current Estimated Value
$783,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,675
Avg. Annual Appreciation
3.71%
Original Mortgage
$475,915
Outstanding Balance
$383,435
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$400,140

Purchase Details

Closed on
Mar 23, 2016
Sold by
Contreras Pedro
Bought by
Little Big Horn Llc

Purchase Details

Closed on
Aug 3, 2004
Sold by
1414 W Chestnut Corp
Bought by
Contreras Pedro and Contreras Heriberta Perez
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
Peterson Lauren $560,000 Fidelity National Title
Little Big Horn Llc $384,000 Fidelity National Title
Contreras Pedro $499,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Lauren $475,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $700,000 +6.2% $280 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $659,000 0.0% $264 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $659,000 +17.7% $264 / Sq Ft
07/26/2016 07/26/16 Sold $559,900 0.0% $224 / Sq Ft View Prior Sale
06/27/2016 06/27/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $559,900 -- $224 / 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 $10,831 $60,681 $7,975 $52,706
2023 $9,823 $51,181 $3,640 $47,541
2022 $9,823 $51,181 $3,640 $47,541
2021 $9,622 $51,179 $3,639 $47,540
2020 $8,885 $39,886 $3,639 $36,247
2019 $8,825 $43,925 $3,639 $40,286
2018 $8,677 $43,925 $3,639 $40,286
2017 $9,850 $45,755 $3,211 $42,544
2016 $8,664 $45,755 $3,211 $42,544
2015 $7,904 $45,755 $3,211 $42,544
2014 $5,345 $31,378 $2,729 $28,649
2013 $5,229 $31,378 $2,729 $28,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11406377

Midwest Real Estate Data (MRED)

APN: 17-05-319-118-1003