NOT LISTED FOR SALE

1516 N Western Ave Unit 3N Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $585,000 - $632,000

3 Beds
2 Baths
-- Sq Ft
$178/mo HOA Fee

Last Sold April 27, 2023

Last sale price $550,000

Est. 11% increase in value since last sale

Current estimated payment $4,215/month

7 Days on Market

Highlights

  • Open Floorplan
  • Sundeck
  • Balcony
  • Wood Flooring
  • Stainless Steel Appliances
  • 3-minute walk to Park No. 399

About This Home

As of April 2023

Welcome to your new home in the heart of Wicker Park! This stunning 2019 new construction oversized condo features 3 spacious bedrooms, 2 luxurious bathrooms, and high-end finishes throughout. The open concept living and dining area is perfect for entertaining guests, with ample natural light and hardwood floors that flow seamlessly throughout the space. The gourmet kitchen features sleek stainless steel Kitchenaid appliances, quartz countertops, and a large island perfect for gathering with friends and family. Relax in the luxurious primary bedroom suite, complete with a walk-in closet and spa-like ensuite bathroom, featuring double vanities, heated floors, and a separate glass-enclosed shower. The two additional bedrooms are perfect for guests, home offices, or a growing family. Other features of this beautiful home include in-unit laundry, two private balcony spaces, and a gas fireplace. No detail was overlooked during construction, as the all brick 8-unit building features structural concrete between each floor and a common roof deck with skyline views. Located just steps away from the vibrant shops, restaurants, and entertainment of Wicker Park, this condo offers the perfect combination of modern luxury and urban convenience. Don't miss your chance to make this stunning condo your new home!

Last Agent to Sell the Property

Robin Allotta

Compass License #475107645 Listed on: 03/01/2023

Compass

Co-Listed By

Jaclyn Etchingham

Compass License #475184734

Last Buyer's Agent

Keith Brand

Berkshire Hathaway HomeServices Chicago License #475171462

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,622

Year Built

  • Built in 2019

Lot Details

  • 5,271

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance
  • 8 Units
  • Mariah Craddick Association, Phone Number (404) 680-6659
  • Mid-Rise Condominium

Amenities

  • Sundeck

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,622

Year Built

Built in 2019

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories),Split Level
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories),Split Level
  • Year Built: 2019
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • 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), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s), Open Floorplan
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 550000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 178
  • Association Amenities: Sundeck
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Mariah Craddick
  • Management Phone: 404-680-6659
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • 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: 9621.78
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 12, 2023
Sold by
Hickey James M and Hickey Alicia Y
Bought by
Parrish Gyasi and Wint Sonovia A
Seller's Agent
Robin Allotta
Compass
Buyer's Agent
Keith Brand
Berkshire Hathaway HomeServices Chicago
List Price
$550,000
Sold Price
$550,000
Views
28
Current Estimated Value
$610,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,954
Avg. Annual Appreciation
4.44%
Original Mortgage
$440,000
Outstanding Balance
$428,619
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$182,335
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
Parrish Gyasi $550,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Gyasi $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $550,000 0.0% --
03/09/2023 03/09/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $550,000 +12.3% --
03/28/2019 03/28/19 Sold $489,900 0.0% -- View Prior Sale
01/28/2019 01/28/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $489,900 -- --
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 $9,424 $48,298 $3,452 $44,846
2023 $9,138 $47,850 $1,572 $46,278
2022 $9,138 $47,850 $1,572 $46,278
2021 $9,622 $47,848 $1,571 $46,277
2020 $10,927 $49,050 $1,571 $47,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11727878

Midwest Real Estate Data (MRED)

APN: 16-01-207-056-1005