NOT LISTED FOR SALE

1503 N Mohawk St Unit 4E Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $645,569 - $730,000

2 Beds
2 Baths
-- Sq Ft
$335/mo HOA Fee

Last Sold March 18, 2022

Last sale price $635,000

Est. 5% increase in value since last sale

Current estimated payment $4,680/month

8 Days on Market

Highlights

  • Penthouse
  • 4-minute walk to Sedgwick Station
  • Living Room
  • Lincoln Park High School Rated A
  • 1 Car Detached Garage
  • 2-minute walk to Park #598

About This Home

As of March 2022

Live like a king (or a queen) in this boutique building penthouse in the heart of Old Town. No other 2/2 in 60610 will offer you this much space to truly enjoy... whether you'd prefer to get cozy beside the fireplace inside the sprawling 1600 square foot space with soaring 12-foot ceilings, or marvel at the unobstructed views of the skyline from the private 800 square foot rooftop deck... majestic both day and 'knight'. For royal entertainers, the open floor plan offers an amazing flow room-to-room, cascades of natural light, and an additional private balcony off the living room that provides yet another view of the city. Closet space abounds. And the custom millwork and walls are freshly painted with a designer-picked color scheme that's ready and waiting for any type of decor. And not that you'd ever want to leave your incredible domain... but if you did, getting to your garage parking space is as easy as hopping on the elevator. Welcome home, your majesty.

Last Agent to Sell the Property

Sarah Ahmed

@properties Christie's International Real Estate License #475136382 Listed on: 02/08/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Sam Shaffer

Chicago Properties Firm License #471017780

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,599

Year Built

  • Built in 2001

Lot Details

  • 6,186

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger, snow removal
  • 8 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,599

Year Built

Built in 2001

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • 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: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Second Bedroom Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Hardwood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: N/A
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger, Snow Removal

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: 9599.31
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 25, 2022
Sold by
Mccabe Michael James
Bought by
Heyson Eric
Seller's Agent
Sarah Ahmed
@properties Christie's International Real Estate
Buyer's Agent
Sam Shaffer
Chicago Properties Firm
List Price
$635,000
Sold Price
$635,000
Current Estimated Value
$668,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,892
Avg. Annual Appreciation
1.45%
Original Mortgage
$508,000
Outstanding Balance
$470,212
Interest Rate
3.13%
Estimated Equity
$198,680

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 14, 2022
Sold by
Mccabe Michael James
Bought by
Heyson Eric
Seller's Agent
Sarah Ahmed
@properties Christie's International Real Estate
Buyer's Agent
Sam Shaffer
Chicago Properties Firm
List Price
$635,000
Sold Price
$635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Outstanding Balance
$470,212
Interest Rate
3.13%
Estimated Equity
$198,680

Purchase Details

Closed on
Apr 27, 2005
Sold by
Acevedo Hutcheson Lisa J and Acevedo Lisa
Bought by
Mccabe Michael James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,920
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2001
Sold by
Dexter Enterprises Inc
Bought by
Acevedo Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
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
Heyson Eric $635,000 --
Heyson Eric $635,000 --
Mccabe Michael James $535,000 Atgf Inc
Acevedo Lisa $437,000 Title One
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heyson Eric $508,000
Closed Heyson Eric $508,000
Previous Owner Mccabe Michael James $427,920
Previous Owner Acevedo Lisa $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $635,000 0.0% --
02/17/2022 02/17/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $635,000 -- --
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 $10,127 $55,162 $11,378 $43,784
2023 $9,169 $48,000 $9,176 $38,824
2022 $9,169 $48,000 $9,176 $38,824
2021 $8,982 $47,999 $9,176 $38,823
2020 $9,599 $46,193 $7,707 $38,486
2019 $9,421 $50,320 $7,707 $42,613
2018 $9,261 $50,320 $7,707 $42,613
2017 $9,542 $47,699 $6,239 $41,460
2016 $9,053 $47,699 $6,239 $41,460
2015 $8,260 $47,699 $6,239 $41,460
2014 $7,583 $43,438 $4,624 $38,814
2013 $7,422 $43,438 $4,624 $38,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11316155

Midwest Real Estate Data (MRED)

APN: 17-04-109-046-1004