NOT LISTED FOR SALE

1416 W Irving Park Rd Unit 4W Chicago, IL 60613

Graceland West Neighborhood

Estimated Value: $565,000 - $694,000

3 Beds
2 Baths
1,800 Sq Ft
$304/mo HOA Fee

Last Sold May 26, 2021

Last sale price $515,000 $286 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,663/month

31 Days on Market

Highlights

  • Penthouse
  • Deck
  • Whirlpool Bathtub
  • Blaine Elementary School Rated A-
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of May 2021

INCREDIBLE EXTRA WIDE, SPACIOUS & BRIGHT PENTHOUSE WITH EXCLUSIVE ROOF RIGHTS LOCATED IN THE HEART OF THE SOUTHPORT CORRIDOR/BLAINE SCHOOL DISTRICT WITH DESIGNER KITCHEN, HARDWOOD, CROWN MOLDING , HIGH CEILINGS, CUSTOM LIGHTING & BUILT-IN BOOK SHELVES, WOOD BURNING FIREPLACE, FRONT AND BACK DECKS, ATTACHED GARAGE PARKING & LARGE STORAGE UNIT INCLUDED.

Last Agent to Sell the Property

Christopher Reardon

Christopher Reardon License #471018089 Listed on: 03/17/2021

Last Buyer's Agent

Joshua Wiedow

Baird & Warner License #475175015

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,545

Year Built

  • Built in 2003

Lot Details

  • 6,403

HOA Fees

  • $304 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Schools

  • Blaine Elementary 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, insurance, exterior maintenance, scavenger, snow removal
  • 6 Units
  • Graceland West Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,545

Year Built

Built in 2003

Lot Details

0

HOA Fees

$304 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: Graceland West
  • Year Built: 2003
  • Age: 16-20 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: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1800
  • Room Type: Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,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

  • ExteriorFeatures: Balcony, Deck
  • List Price: 525000
  • 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 Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 304
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self
  • Management Contact Name: self
  • Management Phone: 555-555-5555

Fee Information

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

Schools

  • Elementary School: Blaine 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: 99

Tax Info

  • Tax Annual Amount: 8545.12
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 24, 2021
Sold by
Belton William P and Belton Adelie E
Bought by
Hoppe Elizabeth and Protacio Todd M
Seller's Agent
Christopher Reardon
Christopher Reardon
Buyer's Agent
Joshua Wiedow
Baird & Warner
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Total Days on Market
31
Current Estimated Value
$639,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,587
Avg. Annual Appreciation
5.22%
Original Mortgage
$463,500
Outstanding Balance
$424,718
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$214,259

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 22, 2015
Sold by
Byrne Kevin and Byrne Rhoda M
Bought by
Belton William P and Belton Adelie E
Seller's Agent
Sam Shaffer
Chicago Properties Firm
Buyer's Agent
Christopher Reardon
Christopher Reardon
List Price
$479,000
Sold Price
$471,500
Premium/Discount to List
-$7,500
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$447,925
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 15, 2014
Closed on
Mar 26, 2014
Sold by
Webster Bryan and Webster Joyce
Bought by
Byrne Kevin and Byrne Rhoda
Seller's Agent
Marlene Granacki
RE/MAX 10 Lincoln Park
Buyer's Agent
Sam Shaffer
Chicago Properties Firm
List Price
$449,900
Sold Price
$449,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$44,900
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2006
Sold by
Heekin Charles
Bought by
Webster Bryan and Webster Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Hoppe Elizabeth $515,000 Jptitle
Belton William P $471,500 Cti
Byrne Kevin $450,000 Multiple
Webster Bryan $487,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoppe Elizabeth $463,500
Previous Owner Belton William P $399,900
Previous Owner Belton William P $432,000
Previous Owner Belton William P $447,925
Previous Owner Byrne Kevin $44,900
Previous Owner Byrne Kevin $359,920
Previous Owner Webster Bryan $371,000
Previous Owner Webster Bryan $380,000
Previous Owner Webster Bryan $390,000
Previous Owner Webster Bryan $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $515,000 -1.9% $286 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $525,000 +11.3% $292 / Sq Ft
07/22/2015 07/22/15 Sold $471,500 -1.6% $262 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $479,000 +6.5% $266 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $449,900 0.0% --
03/31/2014 03/31/14 Sold $449,900 -- --
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 $10,483 $56,869 $12,137 $44,732
2023 $10,197 $53,000 $9,796 $43,204
2022 $10,197 $53,000 $9,796 $43,204
2021 $9,988 $52,999 $9,796 $43,203
2020 $8,717 $42,234 $6,313 $35,921
2019 $8,545 $45,961 $6,313 $39,648
2018 $8,400 $45,961 $6,313 $39,648
2017 $8,469 $42,717 $5,442 $37,275
2016 $8,056 $42,717 $5,442 $37,275
2015 $7,828 $42,717 $5,442 $37,275
2014 $6,832 $39,390 $2,693 $36,697
2013 $6,686 $39,390 $2,693 $36,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11023165

Midwest Real Estate Data (MRED)

APN: 14-17-314-059-1006