NOT LISTED FOR SALE

1429 N Dearborn St Unit 3N Chicago, IL 60610

Gold Coast Neighborhood

Estimated Value: $719,000 - $776,000

3 Beds
2 Baths
-- Sq Ft
$650/mo HOA Fee

Last Sold May 31, 2024

Last sale price $685,000

Est. 9% increase in value since last sale

Current estimated payment $5,711/month

5 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Central Air
  • Lincoln Park High School Rated A
  • Brick or Stone Mason
  • Dogs and Cats Allowed

About This Home

As of May 2024

Welcome to Vintage Elegance in the Heart of the Gold Coast! This professionally managed boutique elevator building offers a rare gem in the city. With a prime location and numerous upgrades, this 3 Bedroom, 2 Bath Condo is a must-see. Step inside to find hardwood floors throughout, adding warmth and character to the space. The gracious living room features a wood-burning fireplace, a dining area, and a sunny bay window with leaded stained glass that overlooks the tree-lined Dearborn Street. The kitchen has been tastefully rehabbed with quartzite counters, high-end appliances, and a greenhouse window that fills the space with natural light. Both bathrooms were fully remodeled in 2022, ensuring modern convenience and style. Additional features include a Master Suite with an organized closet and an updated bath, two more bedrooms, and a hall bath. The unit boasts a new Miele washer and dryer from 2023 for added convenience. The building itself has undergone significant upgrades, including a new elevator in 2024, a new hot water heater in late 2023, and recent painting of common areas/lobby in 2024. The unit also benefits from a new HVAC system and humidifier installed in 2020 and refinished floors in 2016. Enjoy the lovely deck off the third bedroom, offering a peaceful outdoor retreat. A large storage area in the basement and one onsite parking space are included, making this a practical and comfortable living space. Experience a wonderful walking neighborhood with easy access to amenities, dining, and entertainment. With reasonable taxes and assessments, this condo offers a rare opportunity to own a piece of vintage charm in a vibrant urban setting. Don't miss out on this unique opportunity to own a piece of history in one of Chicago's most coveted neighborhoods.

Last Agent to Sell the Property

Cindy Weinreb

@properties Christie's International Real Estate License #475149436 Listed on: 04/17/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Megan Wood

Compass License #475159361

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,606

Year Renovated

  • 1999

Lot Details

  • 5,097

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 4-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, scavenger
  • 8 Units
  • Alanna Serra Association, Phone Number (312) 380-5333
  • Property managed by Pro Invest Management

Pet Policy

  • Pets up to 20 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,606

Year Renovated

1999

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 1999
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 1999

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Room Type: Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 699900
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 650
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Pro Invest Management
  • Management Contact Name: Alanna Serra
  • Management Phone: 312-380-5333
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Scavenger

Schools

  • 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: 20

Tax Info

  • Tax Annual Amount: 13606.25
  • Tax Year: 2022

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 17, 2024
Sold by
Krause Sarah B and Butler Theodor P
Bought by
Brogan Kristen Johnson and Brogan Sean
Seller's Agent
Cindy Weinreb
@properties Christie's International Real Estate
Buyer's Agent
Megan Wood
Compass
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%
Views
36
Current Estimated Value
$744,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,560
Avg. Annual Appreciation
6.23%
Original Mortgage
$650,750
Outstanding Balance
$642,459
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$102,101

Purchase Details

Listed on
Apr 17, 2024
Closed on
Apr 11, 2024
Sold by
Krause Sarah B and Butler Theodor P
Bought by
Krause Sarah B and Butler Theodor P
Seller's Agent
Cindy Weinreb
@properties Christie's International Real Estate
Buyer's Agent
Megan Wood
Compass
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,750
Outstanding Balance
$642,459
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$102,101

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 24, 2016
Sold by
Jacobs Alexander B and Jacobs Petra
Bought by
Krause Sarah B and Butler Theoder P
Seller's Agent
Joe Kennedy
@properties Christie's International Real Estate
Buyer's Agent
Cindy Weinreb
@properties Christie's International Real Estate
List Price
$625,000
Sold Price
$630,000
Premium/Discount to List
$5,000
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2004
Sold by
Gage Mary Q and Beale Mary Q
Bought by
Jacobs Alexander B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 1998
Sold by
Tega/Dearborn Corp
Bought by
Beale Mary Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.87%
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
Brogan Kristen Johnson $685,000 Proper Title
Krause Sarah B -- None Listed On Document
Krause Sarah B $630,000 First American Title Insuran
Jacobs Alexander B $555,000 Multiple
Jacobs Alexander B $555,000 Multiple
Beale Mary Q $412,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brogan Kristen Johnson $650,750
Previous Owner Krause Sarah B $417,000
Previous Owner Jacobs Alexander B $444,000
Previous Owner Beale Mary Q $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $685,000 -2.1% --
04/23/2024 04/23/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $699,900 +11.1% --
08/24/2016 08/24/16 Sold $630,000 +0.8% $371 / Sq Ft View Prior Sale
06/25/2016 06/25/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $625,000 -- $368 / 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 $13,355 $63,754 $19,062 $44,692
2023 $13,606 $66,611 $15,348 $51,263
2022 $13,606 $69,573 $15,348 $54,225
2021 $13,321 $69,572 $15,347 $54,225
2020 $10,994 $52,455 $10,743 $41,712
2019 $10,748 $56,923 $10,743 $46,180
2018 $11,244 $56,923 $10,743 $46,180
2017 $10,429 $48,448 $8,594 $39,854
2016 $9,203 $48,448 $8,594 $39,854
2015 $8,397 $48,448 $8,594 $39,854
2014 $6,203 $35,999 $6,906 $29,093
2013 $6,069 $35,999 $6,906 $29,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12030776

Midwest Real Estate Data (MRED)

APN: 17-04-211-037-1005