NOT LISTED FOR SALE

1502 N Sedgwick St Unit 1N Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $623,000 - $771,604

3 Beds
3 Baths
-- Sq Ft
$598/mo HOA Fee

Last Sold May 29, 2024

Last sale price $620,000

Est. 11% increase in value since last sale

Current estimated payment $5,530/month

3 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Sedgwick Station
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of May 2024

Prime Old town location, 3 bedroom 3 bathroom duplex up, with large lofted family room. 2,800 square feet of living space, dramatic living room with 20' ft ceiling heights, floor to ceiling windows allow for abundant natural light, and a private patio off the main living area. The open floor plan allows for a seamless transition from the large kitchen, into spacious dining and living room. The second level is an open family room loft overlooking the living rooms floor to ceiling windows, perfect for entertaining friends and family. The sizable primary suite has a private walkout balcony, a massive walk-in closet, dual vanity sinks, and a jacuzzi tub with a separate shower. The second and third bedrooms are also good sized for a variety of uses, guest room, at-home gym, or office. in addition, home include a sizable walk-in laundry room, gas fireplace, 1 attached garage, shared rooftop deck which offers fantastic views of the city. Located just steps away from Wells Street, various public transportation and popular shops/restaurants, close to all Chicago has to offer

Last Agent to Sell the Property

Kathy McCauley

Surf Real Estate Brokerage Inc License #471013573 Listed on: 04/25/2024

Co-Listed By

Mary McCauley

Surf Real Estate Brokerage Inc License #471017834

Last Buyer's Agent

Derek Walvoord

Exit Strategy Realty / EMA Management License #475193959

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,786

Year Built

  • Built in 2006

Lot Details

  • 6,229

HOA Fees

  • $598 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Half Duplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Vaulted Ceiling
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laundry on upper level
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Shared Well

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 10 Units
  • Adela Morales Association, Phone Number (773) 572-0880
  • Property managed by Westward360
  • 6-Story Property

Amenities

  • Sundeck
  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,786

Year Built

Built in 2006

Lot Details

0

HOA Fees

$598 per month

Parking

1

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: 16-20 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, First Floor Bedroom, Second Floor Laundry, Storage, Walk-In Closet(s)
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,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, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 625000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Shared Well

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 598
  • Association Amenities: Elevator(s), Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward360
  • Management Contact Name: Adela Morales
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 999

Tax Info

  • Tax Annual Amount: 12785.56
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 23, 2024
Sold by
Berlin Amy and Neustadt Mark
Bought by
Koch Bernard and Lai Tianjian
Seller's Agent
Kathy McCauley
Surf Real Estate Brokerage Inc
Buyer's Agent
Derek Walvoord
Exit Strategy Realty / EMA Management
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Views
35
Current Estimated Value
$686,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,518
Avg. Annual Appreciation
6.32%
Original Mortgage
$450,000
Outstanding Balance
$434,733
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$232,202

Purchase Details

Closed on
Mar 2, 2007
Sold by
1502-04 N Sedgwick Llc
Bought by
Neustadt Mark and Berlin Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,200
Interest Rate
6.28%
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
Koch Bernard $620,000 None Listed On Document
Neustadt Mark $639,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Bernard $450,000
Previous Owner Neustadt Mark $499,000
Previous Owner Neustadt Mark $511,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $620,000 -0.8% --
04/29/2024 04/29/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $625,000 0.0% --
12/20/2022 12/20/22 Rented $4,100 -2.4% --
12/07/2022 12/07/22 For Rent $4,200 +23.5% --
12/01/2016 12/01/16 Rented $3,400 0.0% --
11/27/2016 11/27/16 Under Contract -- -- --
11/01/2016 11/01/16 Price Changed $3,400 -2.9% --
10/17/2016 10/17/16 For Rent $3,500 -- --
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 $13,694 $64,016 $11,720 $52,296
2023 $13,350 $64,905 $9,451 $55,454
2022 $13,350 $64,905 $9,451 $55,454
2021 $13,052 $64,905 $9,451 $55,454
2020 $12,786 $60,496 $7,939 $52,557
2019 $12,552 $65,905 $7,939 $57,966
2018 $12,340 $65,905 $7,939 $57,966
2017 $11,812 $58,248 $6,426 $51,822
2016 $11,166 $58,248 $6,426 $51,822
2015 $10,193 $58,248 $6,426 $51,822
2014 $8,234 $46,946 $4,763 $42,183
2013 $8,060 $46,946 $4,763 $42,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12035421

Midwest Real Estate Data (MRED)

APN: 17-04-111-059-1006