NOT LISTED FOR SALE

1426 N Orleans St Unit 601 Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $679,000 - $794,000

2 Beds
2 Baths
1,859 Sq Ft
$648/mo HOA Fee

Last Sold September 23, 2021

Last sale price $630,000 $339 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,454/month

114 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Lock-and-Leave Community
  • Lincoln Park High School Rated A
  • Rooftop Deck
  • Wood Flooring

About This Home

As of September 2021

Stunning 2bed/2bath penthouse condo in the heart of Old Town! One-of-a-kind unit has everything you're looking for in your new home including a huge front balcony and private rooftop both with sweeping city skyline views that are perfect for entertaining! Sun-filled unit has upgraded kitchen with new quartz countertops including island, new ceramic backsplash, white repainted kitchen cabinetry, stainless steel appliances with upgraded fridge, and pantry. Unit features hardwood floors throughout, gas fireplace, Nest Thermostat, new lighting, in-unit washer & dryer, and large arched windows showcase incredible city views from every room. Split bedroom floor plan with oversized primary suite with an enormous walk-in closet, double vanity, and marble walk-in shower. Garage parking spot included. Building offers gym with Peloton and common rooftop area. Perfect location near grocery stores, parks, the "L," and the best restaurants, shopping, nightlife the city has to offer.

Last Agent to Sell the Property

Jacqueline Colando

Redfin Corporation License #471016536 Listed on: 05/05/2021

Redfin Corporation

Last Buyer's Agent

Anthony Torres

Redfin Corporation License #475165053

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,611

Year Built

  • Built in 2001

Lot Details

  • 7,667

HOA Fees

  • $648 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1,859 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 18 Units
  • Kellie Velasquez Association, Phone Number (773) 370-5846
  • High-Rise Condominium
  • Cheval Club Subdivision
  • Property managed by Good Steward Building Management
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Sundeck
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,611

Year Built

Built in 2001

Lot Details

0

HOA Fees

$648 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Penthouse
  • Subdivision Name: Cheval Club
  • Year Built: 2001
  • 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: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1859
  • Other Equipment: TV-Cable, Fire Sprinklers, Ceiling Fan(s)
  • Room Type: Walk In Closet
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: 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
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Eating Area-Breakfast Bar,Island,Pantry-Closet
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 15X26

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens
  • List Price: 649900
  • 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
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 648
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Sundeck, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Good Steward Building Management
  • Management Contact Name: Kellie Velasquez
  • Management Phone: 773-370-5846

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • High School: Lincoln Park High School
  • Middle/Junior School District: 299

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: 25

Tax Info

  • Tax Annual Amount: 11610.75
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Sep 15, 2021
Sold by
Clark Mary Katherine
Bought by
Dolan Richard A
Seller's Agent
Jacqueline Colando
Redfin Corporation
Buyer's Agent
Anthony Torres
Redfin Corporation
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%
Current Estimated Value
$719,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,517
Avg. Annual Appreciation
3.30%

Purchase Details

Listed on
Feb 27, 2013
Closed on
Apr 29, 2013
Sold by
Gunther David J
Bought by
Clark Mary Katherine
Seller's Agent
Todd Siegel
Rocket Homes Real Estate IL LLC
Buyer's Agent
Shannon Shuel
Krain Real Estate
List Price
$539,000
Sold Price
$540,000
Premium/Discount to List
$1,000
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$265,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
Mellars Beverly
Bought by
Gunther David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2002
Sold by
Devon Bank
Bought by
Mellars Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
3.62%
Source: Public Records

Range of Values:

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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
Dolan Richard A $630,000 Chicago Title
Clark Mary Katherine $540,000 None Available
Gunther David J $545,000 First American Title Ins Co
Mellars Beverly $507,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Mary Katherine $265,000
Previous Owner Gunther David J $436,000
Previous Owner Mellars Beverly $405,600
Closed Mellars Beverly $50,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2021 09/23/21 Sold $630,000 -3.1% $339 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $649,900 +20.4% $350 / Sq Ft
04/30/2013 04/30/13 Sold $540,000 +0.2% $290 / Sq Ft View Prior Sale
03/11/2013 03/11/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $539,000 -- $290 / 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 $12,385 $59,634 $7,613 $52,021
2023 $12,074 $58,701 $6,139 $52,562
2022 $12,074 $58,701 $6,139 $52,562
2021 $11,804 $58,700 $6,139 $52,561
2020 $11,818 $53,049 $5,156 $47,893
2019 $11,611 $57,790 $5,156 $52,634
2018 $11,415 $57,790 $5,156 $52,634
2017 $11,276 $52,381 $4,174 $48,207
2016 $10,491 $52,381 $4,174 $48,207
2015 $9,599 $52,381 $4,174 $48,207
2014 $7,668 $41,327 $3,094 $38,233
2013 $7,038 $41,327 $3,094 $38,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11076842

Midwest Real Estate Data (MRED)

APN: 17-04-200-092-1016