NOT LISTED FOR SALE

1502 N Sedgwick St Unit 5N Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $518,000 - $626,000

2 Beds
2 Baths
1,550 Sq Ft
$371/mo HOA Fee

Last Sold October 15, 2021

Last sale price $474,000 $306 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,216/month

1 Day on Market

Highlights

  • Living Room with Fireplace
  • 2-minute walk to Sedgwick Station
  • Resident Manager or Management On Site
  • Lincoln Park High School Rated A
  • Whirlpool Bathtub

About This Home

As of October 2021

Extra wide unit in a boutique elevator building situated in the beautiful Old Town neighborhood. This pristine 2 bed 2 bath, 1,550 sqft condo provides the perfect floor plan. The living/dining room and kitchen are flooded with natural light. The interior features hardwood floors, gas fireplace, open kitchen with stainless appliances and granite tops with seating area plus large east facing private terrace off living room. City and tree lined views from the balcony. Brand new trendy fireplace surround lined with quartz, right next to a newly added dry bar. Dining area can accommodate a huge table as well. Huge primary bedroom with an additional balcony, a spacious walk-in closet and a large en-suite bathroom featuring separate shower, whirlpool tub and double vanity sinks. Second bedroom also features a spacious walk-in closet. Separate oversized in-unit laundry room with side-by-side washer and dryer. This boutique building also has a large common roof deck with stunning views of the Chicago skyline. Steps from Sedgwick brown line stop, Mariano's, Trader Joes, Walgreens, Home Depot, great bars and restaurants on Wells St, and both Stanton and Seward Park. Designated exterior Parking space on backside of building and additional storage included in the price.

Last Agent to Sell the Property

Peter Fisk

Compass License #475189894 Listed on: 09/09/2021

Compass

Co-Listed By

Jill Silverstein

Compass License #475167682

Last Buyer's Agent

Damone Richardson

Compass License #475164784

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,061

Year Built

  • 2007

Lot Details

  • 6,229

HOA Fees

  • $371 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 10 Units
  • Association Phone (773) 572-0880
  • Property managed by Westward 360 Management Company

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,061

Year Built

2007

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • 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: 5
  • Co List Office Mls Id: MRD87291
  • Co List Office Phone: (312) 319-1168
  • Directions: Take North Avenue to Sedgwick then south to 1502
  • Lot Size: PER SURVEY
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2007

Interior Features

  • Has Basement: None
  • Fireplace Features: Gas Log
  • 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
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Dining Room Type: Balcony/Porch/Lanai, Terrace, Walk In Closet
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • Sewer: Sewer-Storm
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360 Management Company
  • Management Contact Name: N/A
  • Management Phone: 773-572-0880
  • Amenities: Elevator(s), Storage, Sundeck
  • Association Fee: 371
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 10

Tax Info

  • Tax Annual Amount: 8471
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 2, 2021
Sold by
Wilson John C and Alagar Rizal
Bought by
Alenky Meredith
Seller's Agent
Peter Fisk
Compass
Buyer's Agent
Damone Richardson
Compass
List Price
$479,000
Sold Price
$474,000
Premium/Discount to List
-$5,000
-1.04%
Current Estimated Value
$574,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,599
Avg. Annual Appreciation
5.19%
Original Mortgage
$379,200
Outstanding Balance
$350,421
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$224,397

Purchase Details

Listed on
Dec 6, 2018
Closed on
Feb 14, 2019
Sold by
Pope Jessica L and Horak Jessica P
Bought by
Wilson John C and Alagar Rizal
Seller's Agent
Andrew Gersten
@properties Christie's International Real Estate
Buyer's Agent
Jill Silverstein
Compass
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.32%
Original Mortgage
$376,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
1502 & 04 N Sedgwick Llc
Bought by
Pope Edward D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alenky Meredith $474,000 Proper Title
Wilson John C $470,000 Proper Title Llc
Pope Edward D $489,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alenky Meredith $379,200
Previous Owner Wilson John C $371,000
Previous Owner Wilson John C $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $474,000 -1.0% $306 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $479,000 +1.9% $309 / Sq Ft
02/28/2019 02/28/19 Sold $470,000 -3.1% $303 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $485,000 -3.0% $313 / Sq Ft
12/06/2018 12/06/18 For Sale $500,000 -- $323 / 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 $8,061 $40,954 $7,498 $33,456
2023 $8,540 $41,523 $6,046 $35,477
2022 $8,540 $41,523 $6,046 $35,477
2021 $7,680 $41,522 $6,046 $35,476
2020 $7,930 $38,701 $5,078 $33,623
2019 $8,471 $42,161 $5,078 $37,083
2018 $8,328 $42,161 $5,078 $37,083
2017 $6,714 $37,264 $4,111 $33,153
2016 $6,606 $37,264 $4,111 $33,153
2015 $6,004 $37,264 $4,111 $33,153
2014 $4,755 $30,033 $3,047 $26,986
2013 $4,642 $30,033 $3,047 $26,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11213396

Midwest Real Estate Data (MRED)

APN: 17-04-111-059-1009