NOT LISTED FOR SALE

1514 W Cortez St Unit 3 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $500,000 - $620,000

2 Beds
2 Baths
1,300 Sq Ft
$177/mo HOA Fee

Last Sold March 21, 2022

Last sale price $531,000 $408 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,071/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Storage
  • Dogs and Cats Allowed

About This Home

As of March 2022

Beautiful top floor 2 bed/2 bath unit with plenty of natural light and a private rooftop deck featuring skyline views! This unit is located on a quiet cul-de-sac near wicker park and steps away from restaurants and shopping as well as train and bus stations. Unit features 12' ceilings, granite counters and custom cherry cabinets w/ SS appliances. The master bathroom is upgraded with stone tiles, jacuzzi tub, rain shower w/ body sprays. Experience hardwood floors and LED lights throughout and step out of the master bedroom onto a new Trex deck! Enjoy 2 private outdoor areas including a huge rooftop deck which is accessible via interior stairs. Includes private garage parking and a separate conditioned storage locker located on the first floor! Roof and furnace were replaced in Spring 2021.

Last Agent to Sell the Property

Brian Waters

Mentor Listing Realty Inc. License #471009298 Listed on: 02/04/2022

Last Buyer's Agent

Edward Linares

Baird & Warner License #475200486

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,496

Year Built

  • Built in 2004

Lot Details

  • 3,180

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

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

Community Details

Overview

  • Association fees include water, scavenger
  • 3 Units

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,496

Year Built

Built in 2004

Lot Details

0

HOA Fees

$177 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: 2004
  • Age: 16-20 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: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1300
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Kitchen Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Flooring: Hardwood
  • Second Bedroom Window Treatments: Blinds
  • Kitchen Window Treatments: Blinds
  • Living Room Window Treatments: Blinds
  • Master Bedroom Window Treatments: Window Treatments

Exterior Features

  • List Price: 550000
  • Lot Features: Common Grounds
  • 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: Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 177
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: TBD
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • 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: 8495.76
  • Tax Year: 2020

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 23, 2022
Sold by
Hilk Matthew S and Hilk Morgan Mchugh
Bought by
Linares Edward
Seller's Agent
Brian Waters
Mentor Listing Realty Inc.
Buyer's Agent
Edward Linares
Baird & Warner
List Price
$550,000
Sold Price
$531,000
Premium/Discount to List
-$19,000
-3.45%
Total Days on Market
3
Current Estimated Value
$569,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,882
Avg. Annual Appreciation
2.21%
Original Mortgage
$400,800
Outstanding Balance
$377,387
Interest Rate
3.63%
Estimated Equity
$192,495

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 15, 2022
Sold by
Hilk Matthew S and Hilk Morgan Mchugh
Bought by
Linares Edward
Seller's Agent
Brian Waters
Mentor Listing Realty Inc.
Buyer's Agent
Edward Linares
Baird & Warner
List Price
$550,000
Sold Price
$531,000
Premium/Discount to List
-$19,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,800
Outstanding Balance
$377,387
Interest Rate
3.63%
Estimated Equity
$192,495

Purchase Details

Listed on
Jul 31, 2014
Closed on
Aug 26, 2014
Sold by
The Andrea Lynn Kirch Revocable Trust Of
Bought by
Hilk Matthew S
Seller's Agent
Sabrina Bier
@properties Christie's International Real Estate
Buyer's Agent
Cindy Weinreb
@properties Christie's International Real Estate
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$336,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2010
Sold by
Slovick David
Bought by
The Andrea Lynn Kirch Revocable Trust Of

Purchase Details

Closed on
Sep 1, 2006
Sold by
New Century Development Inc
Bought by
Slovick David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,834
Interest Rate
6.59%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Linares Edward $531,000 --
Linares Edward $531,000 --
Hilk Matthew S $420,000 Multiple
The Andrea Lynn Kirch Revocable Trust Of $371,000 Chicago Title Insurance Co
Slovick David $420,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linares Edward $400,800
Closed Linares Edward $400,800
Previous Owner Hilk Matthew S $336,000
Previous Owner Slovick David S $336,000
Previous Owner Slovick David $62,600
Previous Owner Slovick David $335,834
Previous Owner Slovick David $62,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $531,000 -3.5% $408 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $550,000 +31.0% $423 / Sq Ft
08/29/2014 08/29/14 Sold $420,000 -1.2% $323 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $425,000 -- $327 / 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 $8,531 $49,769 $7,702 $42,067
2023 $8,291 $40,313 $3,515 $36,798
2022 $8,291 $40,313 $3,515 $36,798
2021 $8,106 $40,311 $3,514 $36,797
2020 $8,496 $38,137 $3,514 $34,623
2019 $8,438 $41,999 $3,514 $38,485
2018 $8,296 $41,999 $3,514 $38,485
2017 $8,459 $39,294 $3,101 $36,193
2016 $7,870 $39,294 $3,101 $36,193
2015 $7,200 $39,294 $3,101 $36,193
2014 $5,675 $33,156 $2,636 $30,520
2013 $5,552 $33,156 $2,636 $30,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11317607

Midwest Real Estate Data (MRED)

APN: 17-05-308-115-1003