NOT LISTED FOR SALE

1502 W Ohio St Unit 2R Chicago, IL 60642

West Town Neighborhood

Estimated Value: $353,535 - $412,000

1 Bed
1 Bath
-- Sq Ft
$213/mo HOA Fee

Last Sold February 18, 2022

Last sale price $290,000

Est. 31% increase in value since last sale

Current estimated payment $2,754/month

19 Days on Market

Highlights

  • Living Room with Fireplace
  • Whirlpool Bathtub
  • 1-minute walk to Bickerdike (George) Square Park

About This Home

As of February 2022

You will love this stunning 1 bedroom and den, 1 bath condo in a picture perfect building on a tree-lined street in the fabulous West Town neighborhood. Open floorplan perfect for entertaining. Hardwood floors throughout. The main living area features a balcony off the living room, a fireplace for these cold winter nights and space for a dining room table. The kitchen has granite counters, stainless steel appliances. The bedroom is spacious and can easily accommodate a king-size bed. The den is a perfect space for a home office. This home has a true laundry room with storage space. There is also a huge storage room the basement. The building has a 2,000+ square foot common rooftop deck. Very easy street parking. Awesome location. Close to public transit and all the restaurants and shops on Chicago and Grand.

Last Agent to Sell the Property

Kimberly Saydak

Baird & Warner License #475136010 Listed on: 12/01/2021

Baird & Warner

Last Buyer's Agent

Melanie Giglio-Vakos

Compass License #475149215

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,314

Year Renovated

  • 2005

Lot Details

  • 9,714

HOA Fees

  • $213 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub

Community Details

Overview

  • 15 Units
  • President Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,314

Year Renovated

2005

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: Unknown
  • 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: 2
  • Rehab Year: 2005
  • Directions: Grand to Bishop, N to Ohio, West to 1502
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Dining Room Type: Den
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony, Roof Deck
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: President
  • Management Phone: 000-000-0000
  • Association Fee: 213
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, 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: No
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 15

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 5165.05
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 23, 2022
Sold by
Will Meg E
Bought by
Bgrs Llc
Seller's Agent
Kimberly Saydak
Baird & Warner
Buyer's Agent
Melanie Giglio-Vakos
Compass
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$380,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,134
Avg. Annual Appreciation
6.89%
Original Mortgage
$246,500
Outstanding Balance
$229,706
Interest Rate
3.69%
Estimated Equity
$139,148

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 10, 2022
Sold by
Bgr Llc
Bought by
Reilly Meghan
Seller's Agent
Kimberly Saydak
Baird & Warner
Buyer's Agent
Melanie Giglio-Vakos
Compass
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Outstanding Balance
$229,706
Interest Rate
3.69%
Estimated Equity
$139,148

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 13, 2019
Sold by
Hickley Colleen N
Bought by
Will Meg E
Seller's Agent
Juliana Yeager
@properties Christie's International Real Estate
Buyer's Agent
Scott Newman
Keller Williams ONEChicago
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$202,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2010
Sold by
Hickey Paul D and Hickey Margaret M
Bought by
Hickey Colleen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2006
Sold by
Ohio Arms Properties Llc
Bought by
Hickey Colleen N and Hickey Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,720
Interest Rate
6.73%
Mortgage Type
Unknown
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
Bgrs Llc $290,000 --
Reilly Meghan $290,000 --
Reilly Meghan $290,000 --
Bgrs Llc $290,000 --
Will Meg E $270,000 Proper Title Llc
Hickey Colleen N -- Chicago Title Insurance Co
Hickey Colleen N $266,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bgrs Llc $246,500
Closed Reilly Meghan $246,500
Previous Owner Will Meg E $202,500
Previous Owner Hickey Colleen N $209,000
Previous Owner Hickey Colleen N $212,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $290,000 -3.0% --
12/21/2021 12/21/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $299,000 +10.7% --
06/14/2019 06/14/19 Sold $270,000 0.0% --
04/30/2019 04/30/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $270,000 0.0% --
11/02/2017 11/02/17 Rented $1,800 0.0% --
10/02/2017 10/02/17 For Rent $1,800 -- --
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 $6,314 $31,047 $3,370 $27,677
2023 $6,137 $29,839 $1,538 $28,301
2022 $6,137 $29,839 $1,538 $28,301
2021 $5,330 $29,838 $1,537 $28,301
2020 $5,168 $23,199 $1,537 $21,662
2019 $4,444 $25,547 $1,537 $24,010
2018 $4,368 $25,547 $1,537 $24,010
2017 $3,958 $21,762 $1,357 $20,405
2016 $3,859 $21,762 $1,357 $20,405
2015 $3,507 $21,762 $1,357 $20,405
2014 $3,092 $19,231 $1,153 $18,078
2013 $3,019 $19,231 $1,153 $18,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11279158

Midwest Real Estate Data (MRED)

APN: 17-08-115-029-1009