NOT LISTED FOR SALE

1503 N Mohawk St Unit 3W Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $624,349 - $655,000

2 Beds
2 Baths
1,600 Sq Ft
$319/mo HOA Fee

Last Sold June 04, 2024

Last sale price $635,000 $397 Per Sq Ft

Current estimated payment $4,457/month

2 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Sedgwick Station
  • End Unit
  • Lincoln Park High School Rated A
  • Wood Flooring
  • 2-minute walk to Park #598

About This Home

As of June 2024

In a wildly walkable location, this OLD TOWN gem is as crisp as they come. Up high in a rare, secure, boutique 8-unit ELEVATOR building, this third floor residence is breathtaking. Sunshine pours in from your North, South and West exposure. This two bed, two bath condo is a fantastic CORNER unit with lucious greenery out of every single window. The foyer is welcoming and introduces you to 1600SF all yours on one level. The living room is surrounded by windows and anchored by a big wood burning fireplace as the focal. A Juliet balcony lets in the breeze and a true tree-house private balcony lets you enjoy the city vibrancy. This main space is open concept with a recently refreshed large-scale WHITE kitchen, newer stainless steel appliances and ample amount of granite counter space. Designated dining area welcomes your 8 seater table to host charming dinner parties. Tons of storage and a welcoming vibe that travels throughout the home. Ideal refinished light real hardwood floors and great ceiling heights are favorable. The primary suite is awesome with room to relax, enjoy getting ready with a walk-in closet plus an additional wall closet and another Juliet balcony. The attached en suite bath has been fully redesigned to be elegant yet trendy with a massive walk-in shower with chic tile and stone flooring, dual vanity and fantastic storage solutions. The perfect amount of flavor and fun. The second bedroom is spacious and can accommodate a queen bed. In unit laundry with newer machines. Garage parking is included! Healthy, proactive association with strong reserves and low assessments. Building is 100% owner occupied. Investors welcome + pet friendly! At a crossroads between Lincoln Park, Old Town and Gold Coast - really well liked location with access to so much. Restaurants galore, parks, half a mile to Whole Foods, close to British International, movie theaters, shopping, coffee shops, 5 min walk to the Brown line and so much more!

Last Agent to Sell the Property

Jill Silverstein

Compass License #475167682 Listed on: 05/01/2024

Compass

Last Buyer's Agent

Karen Schwartz

Baird & Warner License #475157300

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,461

Year Built

  • Built in 2001

Lot Details

  • 6,186

HOA Fees

  • $319 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,600 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Schools

  • Manierre Elementary School
  • Lincoln Park High School

Utilities

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

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include water, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Storm Doors
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,461

Year Built

Built in 2001

Lot Details

0

HOA Fees

$319 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2001
  • Age: 21-25 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: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

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: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Some Window Treatment, Dining Combo, Drapes/Blinds, Granite Counters, Some Storm Doors
  • LivingArea: 1600
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Walk In Closet, Foyer, Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Storm Door(s)
  • Window Features: Blinds,Curtains/Drapes,Window Treatments
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Lot Features: Common Grounds, Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 319
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Manierre Elementary School
  • High School: Lincoln Park High School

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: U

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: 9461.16
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 29, 2024
Sold by
Kremer Anne
Bought by
Castaneda Allison
Seller's Agent
Jill Silverstein
Compass
Buyer's Agent
Karen Schwartz
Baird & Warner
List Price
$565,000
Sold Price
$635,000
Premium/Discount to List
$70,000
12.39%
Views
34
Current Estimated Value
$635,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837
Avg. Annual Appreciation
0.09%
Original Mortgage
$515,000
Outstanding Balance
$507,397
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$128,440

Purchase Details

Listed on
Jan 13, 2014
Closed on
Feb 20, 2014
Sold by
Patel Bhavesh K
Bought by
Kremer Anne
Seller's Agent
Rose Leversha
@properties Christie's International Real Estate
Buyer's Agent
Scott Newman
Keller Williams ONEChicago
List Price
$489,000
Sold Price
$482,500
Premium/Discount to List
-$6,500
-1.33%

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
$386,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2004
Sold by
Foerster Robert J
Bought by
Patel Bhavesh K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,600
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2001
Sold by
Dexter Enterprises Inc
Bought by
Foerster Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,350
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Castaneda Allison $635,000 Chicago Title
Kremer Anne $482,500 None Available
Patel Bhavesh K $464,500 Rtc
Foerster Robert J $427,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Allison $515,000
Previous Owner Kremer Anne $386,000
Previous Owner Patel Bhavesh K $371,600
Previous Owner Foerster Robert J $341,350
Closed Patel Bhavesh K $92,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2024 06/04/24 Sold $635,000 +12.4% $397 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $565,000 +17.1% $353 / Sq Ft
02/20/2014 02/20/14 Sold $482,500 -1.3% $302 / Sq Ft View Prior Sale
01/20/2014 01/20/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $489,000 -- $306 / 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 $9,705 $52,413 $10,811 $41,602
2023 $9,461 $46,000 $8,719 $37,281
2022 $9,461 $46,000 $8,719 $37,281
2021 $9,250 $45,999 $8,718 $37,281
2020 $9,778 $43,891 $7,323 $36,568
2019 $9,606 $47,813 $7,323 $40,490
2018 $9,445 $47,813 $7,323 $40,490
2017 $9,756 $45,322 $5,928 $39,394
2016 $9,078 $45,322 $5,928 $39,394
2015 $8,305 $45,322 $5,928 $39,394
2014 $7,658 $41,274 $4,394 $36,880
2013 $7,507 $41,274 $4,394 $36,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12043235

Midwest Real Estate Data (MRED)

APN: 17-04-109-046-1007