NOT LISTED FOR SALE

1418 W Chestnut St Unit 1 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $590,000 - $695,000

3 Beds
2.5 Baths
2,200 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $560,000 $255 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,487/month

17 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Granite Countertops
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • 3-minute walk to Eckhart (Bernard) Park

About This Home

As of June 2021

BEAUTIFUL, BRIGHT DUPLEX-DOWN IN AN ALL BRICK BUILDING LOCATED ONE BLOCK FROM ECKART PARK IN CITY-CENTRAL, FAMILY-FRIENDLY LOCATION. CUSTOM FINISHES THROUGHOUT THIS 3-SPACIOUS BED/2.1 BATH HOME WITH 2 FIREPLACES, CROWN MOLDING, CHERRY FLOORS & CABINETS, STAINLESS APPLIANCES W/HOOD VENT, GRANITE COUNTERTOPS, CHAIR RAIL, GROHE BATH FIXURES WITH BODY SPRAYS, CUSTOM LIMESTONE TILE BACKSPLASH, W/D, AMPLE STORAGE THROUGHOUT WITH CUSTOM CLOSETS, WIRED FOR SOUND AND SECURITY WITH FRONT GATE. BACK DECK & 2 CAR TANDEM PARKING INCLUDED. NOBLE SQUARE NEIGHBORHOOD LOADED WITH SHOPS, RESTAURANTS AND BREWERIES WITHIN WALKING DISTANCE. NEAR BLUE LINE, ASHLAND BUS, CLOSE TO LOOP AND I290/I90/94 ENTRANCE.

Last Agent to Sell the Property

Megan Hughes

@properties Christie's International Real Estate License #475168564 Listed on: 04/06/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Collin Wasiak

Compass License #475160691

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,950

Year Built

  • Built in 2006

Lot Details

  • 3,093

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,950

Year Built

Built in 2006

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo
  • 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: 1
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Granite Counters
  • LivingArea: 2200
  • Other Equipment: Security System, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 2200
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2200
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 2200
  • Main Level Sq Ft: 1100
  • Lower Level Sq Ft: 1100

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 575000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Mechanical, 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: 125
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: SELF MANAGED
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance

Schools

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

Lot Info

  • 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: N/A

Tax Info

  • Tax Annual Amount: 7950
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 28, 2021
Sold by
Greenwood Michael J and Greenwood Megan S
Bought by
Mclaughlin Robert J and Mclaughlin Amanda T
Seller's Agent
Megan Hughes
@properties Christie's International Real Estate
Buyer's Agent
Collin Wasiak
Compass
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Total Days on Market
17
Current Estimated Value
$673,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,862
Avg. Annual Appreciation
3.89%
Original Mortgage
$530,000
Outstanding Balance
$484,838
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$168,010

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 21, 2015
Sold by
Metropoint Development Inc
Bought by
Greenwood Michael J and Greenwod Megan S
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
Annie Caltabiano
@properties Christie's International Real Estate
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$344,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2008
Sold by
1418 W Chestnut Inc
Bought by
Metropoint Development Inc
Source: Public Records

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Range of Values:

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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
Mclaughlin Robert J $560,000 Chicago Title
Greenwood Michael J $430,000 Chicago Title Insurance Co
Metropoint Development Inc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Robert J $530,000
Previous Owner Greenwood Michael J $344,000
Previous Owner 1418 W Chestnut Inc $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $560,000 -2.6% $255 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $575,000 +33.7% $261 / Sq Ft
01/29/2015 01/29/15 Sold $430,000 -4.2% $195 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $449,000 -- $204 / 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 $9,432 $62,340 $8,926 $53,414
2023 $9,849 $47,885 $4,074 $43,811
2022 $9,849 $47,885 $4,074 $43,811
2021 $8,959 $47,884 $4,073 $43,811
2020 $8,007 $39,045 $4,073 $34,972
2019 $7,950 $42,999 $4,073 $38,926
2018 $7,815 $42,999 $4,073 $38,926
2017 $7,933 $40,225 $3,594 $36,631
2016 $7,556 $40,225 $3,594 $36,631
2015 $8,305 $45,321 $3,594 $41,727
2014 $1,749 $9,425 $3,055 $6,370
2013 $1,714 $9,425 $3,055 $6,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11039076

Midwest Real Estate Data (MRED)

APN: 17-05-319-126-1001