Seller's Agent in 2024
Jason Newman
@ Properties
(312) 282-0092
2 in this area
58 Total Sales
1426 N Orleans St Unit 404 Chicago, IL 60610
Old Town NeighborhoodEstimated Value: $573,678 - $651,000
2
Beds
2
Baths
1,604
Sq Ft
$573/mo
HOA Fee
Highlights
- Fitness Center
- Wood Flooring
- Party Room
- Lincoln Park High School Rated A
- Granite Countertops
- Sundeck
About This Home
As of April 2024Stunning and rarely available, this 2 Bed/2 Bath condo nestled in the heart of Old Town is a true gem! Boasting an impeccable design, the unit showcases a spacious split floorplan, with a totally open flow, ideal for entertaining. The modernized kitchen is a chef's dream, equipped with stainless steel appliances, custom soft-close cabinetry, wraparound granite countertops, and a convenient breakfast bar for effortless meal preparation. The primary bedroom is a luxurious retreat, featuring a custom walk-in closet and a generously sized ensuite bath. Enjoy the serene west-facing private balcony accessible from both the living room and primary bedroom. Additional highlights include a separate dining area, a sizable second bedroom, gas fireplace, beautiful hardwood floors, recessed LED lighting, crown molding throughout, in-unit washer/dryer, smart thermostat, and the added convenience of an ATTACHED HEATED GARAGE PARKING spot with a spacious storage locker. Take advantage of the building's amenities, including a large common ROOFTOP DECK with breathtaking skyline views, a FITNESS CENTER with PELOTON, bike room, and a secure lobby with elevator access. Incredible opportunity to reside in this intimate boutique building with low monthly assessments and healthy reserves. Revel in the proximity to Whole Foods, the "L" train, the Lake, public transportation, and some of the finest parks, restaurants, and shopping the City has to offer! SEE 3D Walkthrough Tour
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475118201 Listed on: 03/07/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,615
Year Built
- Built in 2001
Lot Details
- 7,667
HOA Fees
- $573 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,604 Sq Ft Home
- Gas Log Fireplace
- Blinds
- Living Room with Fireplace
- Open Floorplan
- Wood Flooring
- Intercom
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- No Tub in Bathroom
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, tv/cable, exterior maintenance, scavenger, snow removal
- 18 Units
- Shelby Hummel Association, Phone Number (773) 370-5846
- Cheval Club Subdivision
- Property managed by Good Steward Management
- 6-Story Property
Amenities
- Sundeck
- Party Room
- Elevator
- Lobby
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2024
Closed on
Apr 7, 2024
Sold by
Yang Qing
Bought by
Perez Matthew
Seller's Agent
Jason Newman
@properties Christie's International Real Estate
Buyer's Agent
Kate Gaffey
Fulton Grace Realty
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,170
Avg. Annual Appreciation
3.90%
Original Mortgage
$456,000
Outstanding Balance
$449,504
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$154,666
Purchase Details
Closed on
Mar 21, 2017
Sold by
Mechavich Antoniette W and Mechavich Andrew T
Bought by
Yang Qing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,600
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2003
Sold by
Mechavich Andrew T and Wico Antoniette W
Bought by
Mechavich Andrew T and Wico Antoniette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
5.95%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 3, 2002
Sold by
Devon Bank
Bought by
Wico Antoniette U and Mechavich Andrew T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Matthew | $570,000 | Proper Title | |
| Yang Qing | $462,000 | Stewart Title | |
| Mechavich Andrew T | -- | Chicago Title Insurance Comp | |
| Mechavich Andrew T | -- | Chicago Title Insurance Comp | |
| Wico Antoniette U | $375,500 | Cti | |
| Wico Antoniette U | $375,500 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez Matthew | $456,000 | |
| Previous Owner | Yang Qing | $369,600 | |
| Previous Owner | Mechavich Andrew T | $293,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2024 04/22/24 | Sold | $570,000 | +3.6% | $355 / Sq Ft |
| 03/09/2024 03/09/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $550,000 | -- | $343 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,043 | $46,908 | $5,988 | $40,920 |
| 2023 | $8,794 | $46,175 | $4,829 | $41,346 |
| 2022 | $8,794 | $46,175 | $4,829 | $41,346 |
| 2021 | $8,615 | $46,174 | $4,829 | $41,345 |
| 2020 | $8,605 | $41,729 | $4,056 | $37,673 |
| 2019 | $8,444 | $45,458 | $4,056 | $41,402 |
| 2018 | $8,301 | $45,458 | $4,056 | $41,402 |
| 2017 | $8,143 | $41,203 | $3,283 | $37,920 |
| 2016 | $7,752 | $41,203 | $3,283 | $37,920 |
| 2015 | $7,070 | $41,203 | $3,283 | $37,920 |
| 2014 | $5,555 | $32,507 | $2,433 | $30,074 |
| 2013 | $5,434 | $32,507 | $2,433 | $30,074 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Newman
-
Kate Gaffey
Buyer's Agent in 2024
Kate Gaffey
Fulton Grace
(630) 290-6800
10 in this area
185 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11991822
APN: 17-04-200-092-1012
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