NOT LISTED FOR SALE

1512 W Olive Ave Unit 1 Chicago, IL 60660

Andersonville Neighborhood

Estimated Value: $630,000 - $793,000

4 Beds
3 Baths
-- Sq Ft
$393/mo HOA Fee

Last Sold February 20, 2020

Last sale price $601,000

Est. 18% increase in value since last sale

Current estimated payment $4,957/month

13 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Built-In Features
  • Wood Flooring
  • Stainless Steel Appliances
  • 3-minute walk to Mellin Park

About This Home

As of February 2020

Beautiful & amazing space in this duplex Andersonville home in recent vintage gut-rehab conversion! Spacious floorplan offers 4 bedrooms (2 up and 2 down), a front sunroom off the living room, back breakfast room or sitting room off the dining room area and additional family room in the lower level. The main living room is highlighted by the gas fireplace, flanked by built-in shelving, and is bathed in light from the sunroom windows. The huge kitchen offers outstanding storage & work space with honey-stained maple cabinetry, granite countertops, stainless steel appliances, tumbled marble backsplash tiles, & breakfast bar overhang on center island. There is more cabinet space than you may know what to do with. The kitchen is open to the dining room & back breakfast room/sitting room, while the entire area opens out to a large private deck overlooking the common yard. The generously sized master bedroom easily fits a king-sized bed, while the master bath includes a double vanity with vessel sinks. The hall bath includes tumbled marble tile finishes. A large family room with a 2nd gas fireplace is in the lower level, along with two additional bedrooms, another full bathroom, and side by side in-unit washer & dryer. Hardwood floors are throughout on both levels. Tons of storage in the unit, as well as an additional storage closet in the common area. Back enclosed steps lead out to the common yard & parking. This home is literally steps from Clark Street & within the heart of Andersonville. It is a tremendous amount of beautiful space and a fantastic layout in such a stellar location. Stroll out to restaurants, shops, nightlife, public transportation, groceries, and more. Truly nothing like it!

Last Agent to Sell the Property

Edward Jelinek

@properties Christie's International Real Estate License #475104094 Listed on: 01/06/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Marlene Granacki

RE/MAX 10 Lincoln Park

RE/MAX 10 Lincoln Park

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,639

Year Built | Renovated

  • 1920 | 2005

Lot Details

  • 4,051

HOA Fees

  • $393 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Gas Log Fireplace
  • Entrance Foyer
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Southern Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,639

Year Built | Renovated

1920 | 2005

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Condo
  • Rehab Year: 2005
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1920
  • Type Attached: Condo-Duplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1920
  • Year Renovated: 2005

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X09, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Foyer, Sun/Florida Room, Deck
  • Master Bedroom: Dimensions: 17X09, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 17X07, On Level: Main Level
  • Bedroom 2: Dimensions: 13X09, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Sunroom, Dimensions: 13X07, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X09, On Level: Lower, Flooring: Hardwood
  • Additional Room 4 Name: Deck, Dimensions: 10X10, On Level: Main Level
  • Bedroom 4: Dimensions: 14X09, On Level: Lower, Flooring: Hardwood
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X12, On Level: Lower, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Deck
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 393
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: SELF MANAGED

Schools

  • School District: 299
  • Elementary School: Peirce Elementary School Intl St
  • Middle School: Peirce Elementary School Intl St
  • High School: Senn High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14053260701001

Multi Family

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

Tax Info

  • Taxes: 11144.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 3, 2020
Sold by
Cray David and Cray Ellen
Bought by
Granacki Nicole M and Kode Bhargav
Seller's Agent
Edward Jelinek
@properties Christie's International Real Estate
Buyer's Agent
Marlene Granacki
RE/MAX 10 Lincoln Park
List Price
$575,000
Sold Price
$601,000
Premium/Discount to List
$26,000
4.52%
Current Estimated Value
$711,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,558
Avg. Annual Appreciation
3.02%
Original Mortgage
$480,800
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 12, 2013
Sold by
Simoncic Steven J and Croteau Karen P
Bought by
Cray David and Cray Ellen
Seller's Agent
Stephen Northey
Compass
Buyer's Agent
Pamela Herold Hogan
Century 21 Affiliated
List Price
$500,000
Sold Price
$488,875
Premium/Discount to List
-$11,125
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Mar 24, 2005
Sold by
1512 W Olive Dev Llc
Bought by
Simoncic Steven J and Croteau Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2004
Sold by
Kueffner Vincent G and Mccoy Janet
Bought by
1512 W Olive Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2004
Sold by
Tarara Samuel
Bought by
Kueffner Vincent G and Mccoy Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,000
Interest Rate
4%
Mortgage Type
Construction
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
Granacki Nicole M $601,000 Proper Title Llc
Cray David $489,000 First American Title Insuran
Simoncic Steven J $479,000 Atgf Inc
1512 W Olive Dev Llc -- Cti
Kueffner Vincent G $730,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granacki Nicole M $480,800
Previous Owner Simoncic Steven J $304,000
Previous Owner 1512 W Olive Dev Llc $966,000
Previous Owner Kueffner Vincent G $966,000
Closed Simoncic Steven J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2020 02/20/20 Sold $601,000 +4.5% --
01/19/2020 01/19/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $575,000 0.0% --
05/01/2017 05/01/17 Rented $3,600 0.0% --
02/11/2017 02/11/17 For Rent $3,600 0.0% --
03/15/2013 03/15/13 Sold $488,875 -2.2% -- View Prior Sale
02/01/2013 02/01/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $500,000 -- --
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 $9,639 $51,869 $14,374 $37,495
2023 $9,375 $49,000 $11,557 $37,443
2022 $9,375 $49,000 $11,557 $37,443
2021 $9,853 $48,999 $11,557 $37,442
2020 $10,668 $50,989 $6,645 $44,344
2019 $11,335 $56,417 $6,645 $49,772
2018 $11,144 $56,417 $6,645 $49,772
2017 $9,387 $43,608 $5,778 $37,830
2016 $8,734 $43,608 $5,778 $37,830
2015 $7,991 $43,608 $5,778 $37,830
2014 $7,588 $40,899 $4,406 $36,493
2013 $7,438 $40,899 $4,406 $36,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10602535

Midwest Real Estate Data (MRED)

APN: 14-05-326-070-1001