NOT LISTED FOR SALE

1505 W School St Unit 3 Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $723,000 - $747,000

2 Beds
2 Baths
1,500 Sq Ft
3,746 Sq Ft Lot

Sale Details

Date Sold: November 19, 2020

Last sale price $590,000 $393 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,230 / mo

4 Days on Market

Highlights

  • Rooftop Deck
  • Heated Floors
  • Steam Shower
  • Augustus H. Burley Elementary School Rated A-
  • Whirlpool Bathtub
  • Granite Countertops

About This Home

As of November 2020

Spectacular sun-drenched EXTRA-WIDE 2BR/2BA PENTHOUSE WITH FABULOUS PRIVATE ROOF DECK on rare 30 FT wide lot in the BURLEY School District with A++ location nestled between Whole Foods and the best of Southport, and only a 5 minute walk to the Roscoe/Southport brown-line. Stunning NEWLY remodeled magazine-caliber interior with custom dark-walnut stained hardwood flooring throughout; extensive crown molding and millwork, open-concept Chef's kitchen with large island, beautiful white painted shaker cabinetry, walk-in pantry and stainless steel appliances; and, wood-burning fireplace with gorgeous white mantle and natural stone surround. Spacious Primary Suite offers large walk-in closet, private deck, and luxurious en suite marble bath with extra-long dual vanity, whirlpool tub, steam shower with bench, hand-held shower and body sprays. ESCAPE FROM THE WORLD on your Nantucket style private roof deck with interior stair access, and bask in the sun, serenity and scenery that welcomes only those living on top! Freshly painted in up-to-the-minute gray tones. Includes one car garage parking and additional private storage. Wow!

Last Agent to Sell the Property

Keith Wilkey

Berkshire Hathaway HomeServices Chicago License #471016255 Listed on: 10/01/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Vince McGuire

Cavan Realty Incorporated License #471005225

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 2004 | 2020

Lot Details

  • 3,746

HOA Fees

  • $224 per month

Parking

  • Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Storage

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Terrace

Utilities

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

Additional Features

  • North or South Exposure
  • Southern Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built | Renovated

2004 | 2020

Lot Details

3,746 Sq Ft Lot

HOA Fees

$224 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2004
  • Type Attached: Condo, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2004
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 3X3, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in, Granite Counters
  • Additional Rooms: Walk In Closet, Terrace, Deck
  • Master Bedroom: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Walk in Closet, Dimensions: 5X5, On Level: Main Level
  • Additional Room 2 Name: Terrace, Dimensions: 14X10, On Level: Main Level
  • Bedroom 2: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Deck, Dimensions: 20X44, On Level: 2nd Level
  • Estimated Sq Ft: 1500
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Block
  • Exterior Property Features: Deck, Roof Deck, Cable Access
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Electric, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 224
  • Management Contact Name: 1505 W School Condo Association
  • Management Phone: 333-333-3333

Fee Information

  • Management Company: 1505 W School Condo Association

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14203240491003

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 3

Tax Info

  • Taxes: 10155.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 11, 2020
Sold by
Bald Derrick
Bought by
Mcmahon Kevin
Seller's Agent
Keith Wilkey
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Vince McGuire
Cavan Realty Incorporated
List Price
$594,000
Sold Price
$590,000
Premium/Discount to List
-$4,000
-0.67%
Current Estimated Value
$734,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,447
Avg. Annual Appreciation
4.15%
Original Mortgage
$190,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2009
Sold by
Duthie Todd and Duthie Michelle
Bought by
Bald Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
4.83%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2004
Sold by
Meade Construction On School Llc
Bought by
Duthie Todd A and Duthie Michelle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcmahon Kevin $590,000 Proper Title Llc
Bald Derrick $525,000 Ticor Title Insurance Co
Duthie Todd A $525,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon Kevin $190,000
Previous Owner Bald Derrick $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $590,000 -0.7% $393 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $594,000 -- $396 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $13,017 $51,567 $22,331 $29,236
2024 $13,017 $51,567 $22,331 $29,236
2023 $12,690 $61,699 $18,009 $43,690
2022 $12,690 $61,699 $18,009 $43,690
2021 $12,407 $61,697 $18,008 $43,689
2020 $10,347 $49,551 $7,683 $41,868
2019 $10,845 $53,977 $7,683 $46,294
2018 $10,662 $53,977 $7,683 $46,294
2017 $10,225 $47,500 $6,723 $40,777
2016 $9,514 $47,500 $6,723 $40,777
2015 $8,704 $47,500 $6,723 $40,777
2014 $9,069 $48,877 $5,492 $43,385
2013 $8,889 $48,877 $5,492 $43,385
Source: Public Records

Agents Affiliated with this Home

  • Keith Wilkey

    Seller's Agent in 2020

    Keith Wilkey

    Berkshire Hathaway HomeServices Chicago

    (773) 742-1318

    5 in this area

    71 Total Sales

    Keith Wilkey
    Section Image
  • Vince McGuire

    Buyer's Agent in 2020

    Vince McGuire

    Cavan Realty Incorporated

    (847) 682-6416

    26 Total Sales

    Vince McGuire
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10888787

Midwest Real Estate Data (MRED)

APN: 14-20-324-049-1003

Illinois Cook County Chicago 60657 Southport Corridor

1505 W School St Unit 3, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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