NOT LISTED FOR SALE

1516 W Grand Ave Unit 1E Chicago, IL 60642

West Town Neighborhood

Estimated Value: $573,000 - $788,000

3 Beds
3 Baths
2,100 Sq Ft
$255/mo HOA Fee

Last Sold March 29, 2021

Last sale price $520,000 $248 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,716/month

6 Days on Market

Highlights

  • Rooftop Deck
  • Open Floorplan
  • Wood Flooring
  • Updated Kitchen
  • Vaulted Ceiling
  • 2-minute walk to Bickerdike (George) Square Park

About This Home

As of March 2021

No detail overlooked! Bright, extra wide, highly updated 3 bedroom, 3 bathroom 2100+ SF duplex-down with attached garage parking in highly sought after West Town/River West. Main Level: Custom white kitchen with 42" soft close cabinets, granite countertops, glass and stone backsplash, stainless steel appliances, peninsula with breakfast bar and pantry. Large dining room/living room has floor to ceiling windows and wood burning fireplace with gas starter. Huge master suite has 11x05 professionally organized walk-in closet, marble bath with double vanity, walk-in shower and separate jet tub. Spacious 2nd bedroom with 12' of organized closets, custom wall treatment and lighting with adjacent full bathroom and linen closet. Custom mudroom with built-in cabinet/lockers with seating finishes this amazing floor. Lower Level: 17x16 family room with custom wall-unit, floor to ceiling sliding glass doors that open to private patio. 3rd bedroom with organized closet, full bathroom, laundry area, utility room and storage. Unit Features: Dark hardwood floors, newer carpeting, custom lighting and window treatments along with crown molding. Garage parking included and additional storage. Common building roof deck with incredible city views. Pet friendly.

Last Agent to Sell the Property

Michael Shenfeld

Jameson Sotheby's Intl Realty License #475125273 Listed on: 01/15/2021

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Sari Levy

Lucid Realty, Inc. License #471004207

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,646

Year Built | Renovated

  • 2004 | 2018

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $255 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Mud Room
  • Family or Dining Combination
  • Storage Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,646

Year Built | Renovated

2004 | 2018

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex, Condo, Condo-Duplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2004
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Bookcases, 10' Ceiling, 9' Ceiling, Open Floorplan, Some Window Treatmnt, Some Wood Floors, Dining Combo, Drapes/Blinds, Granite Counters
  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Gas Cooktop
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 07X04, On Level: Lower, Flooring: Other
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet, Custom Cabinetry, Granite Counters, Pantry, Updated Kitchen
  • Additional Rooms: Mud Room, Deck, Storage, Walk In Closet, Balcony
  • Master Bedroom: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Mud, Dimensions: 07X04, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Deck, Dimensions: 14X10, On Level: Lower, Flooring: Other
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Storage, Dimensions: 06X03, On Level: Lower, Flooring: Other
  • Bedroom 3: Dimensions: 12X10, On Level: Lower, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Walk in Closet, Dimensions: 11X05, On Level: Main Level, Flooring: Carpet
  • Additional Room 5 Name: Balcony, Dimensions: 09X03, On Level: Main Level, Flooring: Other
  • Estimated Sq Ft: 2100
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 17X16, On Level: Lower, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck, Patio, Roof Deck, Storms/Screens, End Unit, Cable Access
  • Exposure: N (North), S (South), E (East)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • 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
  • Common Area Amenities: Bike Room/Bike Trails, Storage, Sundeck, Receiving Room, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 255
  • Management Contact Name: Self
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Self

Schools

  • School District: 299
  • Elementary School: Otis Elementary School
  • Middle School: Otis Elementary School
  • High School: Wells Community Academy Senior H
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17081210431001

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 5

Tax Info

  • Taxes: 9732.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 12, 2021
Sold by
Lutarewych Steven P and Lutarewych Laura D
Bought by
Chandra Nina Jaya and Hari Nimai Raman
Seller's Agent
Michael Shenfeld
Jameson Sotheby's Intl Realty
Buyer's Agent
Sari Levy
Lucid Realty, Inc.
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Total Days on Market
6
Current Estimated Value
$689,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,112
Avg. Annual Appreciation
5.64%
Original Mortgage
$416,000
Outstanding Balance
$381,776
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$271,848

Purchase Details

Closed on
Oct 21, 2016
Sold by
Jaime Baskin
Bought by
Dreyfuss Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2012
Sold by
Lutarewych Steven P and Bobek Laura D
Bought by
Lutarewych Steven P

Purchase Details

Closed on
Aug 2, 2004
Sold by
T & B Ventures Llc
Bought by
Lutarewych Steven P and Bobek Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,900
Interest Rate
5.37%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in Chicago, IL

  • 1819 N Saint Louis Ave Unit 1FN, Chicago, IL 60647

    $599,000

    • 3 Beds
    • 3 Baths
    • 1819 N Saint Louis Ave
    • Unit 1FN
    • Chicago, IL

    Beautiful 3 Bedroom/3 Bath home right off the 606. Huge windows bring in tons of natural light into the living spaces that show off the modern kitchen and hardwood floors. Stainless steel kitchen with a big island open to the living space - seller had a big sectional, a 6 person round dining table, and 3 bar stools at the counter with plenty of space remaining, so it's perfect for entertaining.

    Jane Gabriel City and Field Real Estate

    Section Image
  • 501 N Clinton St Unit 1506, Chicago, IL 60654

    $590,000

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 501 N Clinton St
    • Unit 1506
    • Chicago, IL

    Perched on the 15th floor of the highly sought-after Kinzie Park, this 2-bedroom, 2-bathroom northwest-facing residence has been meticulously reimagined with a complete gut renovation, blending luxury, comfort, and functionality in every detail. Spanning approximately 1,400 square feet, this home is a true urban oasis, offering breathtaking unobstructed views of the Chicago River and city

    Richard Mell Coldwell Banker Realty

    Section Image
  • 1018 N Larrabee St Unit 3S, Chicago, IL 60610

    $739,000

    • 3 Beds
    • 2 Baths
    • 1,887 Sq Ft
    • 1018 N Larrabee St
    • Unit 3S
    • Chicago, IL

    Stunning 3 bed/2 bath residence situated in a quiet pocket of River North in a like new, boutique 9-unit building. Step into this generously sized 1,887 sq ft unit through a private elevator entrance into your own secure foyer. Open floor plan features floor-to-ceiling windows and a luxury kitchen complete with Bosch appliances, Grohe fixtures, and undermount LED lighting. Conveniently placed

    Kimberly Brychel @properties Christie's International Real Estate

    Section Image
  • 1521 N Hudson Ave Unit 2, Chicago, IL 60610

    $625,000

    • 3 Beds
    • 2 Baths
    • 1521 N Hudson Ave
    • Unit 2
    • Chicago, IL

    Walk to the lake, parks, retail, restaurants, public transportation and all that Old Town/Lincoln Park have to offer from this coveted 3bed/2bath home in boutique 3-unit building situated on a lovely tree-lined street featuring private outdoor space and high-end finishes throughout. Kitchen is a chef's dream offering a large island with seating, custom white crowned soft-close cabinetry,

    Cyrus Seraj Compass

    Section Image
  • 2044 N Damen Ave Unit 2, Chicago, IL 60647

    $700,000

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 2044 N Damen Ave
    • Unit 2
    • Chicago, IL

    Once the home of the best breakfast in Bucktown, this origin story starts with batter, whips to bricks, and flips to.... You? Private outdoor terraces are typically allocated to million dollar plus units. Not here. Not today. This rare, 1,400 SF 2 bed, 2 bath Bucktown flat with 10"+ ceilings and floor to ceiling front windows and sliding back door won't be available by the time the dust settles

    John Grafft Compass

    Section Image
  • 6 N Michigan Ave Unit 903, Chicago, IL 60602

    $815,000

    • 3 Beds
    • 2.5 Baths
    • 1,979 Sq Ft
    • 6 N Michigan Ave
    • Unit 903
    • Chicago, IL

    Stunning unobstructed views of Millennium Park, the Lake and City Skyline in a luxury boutique building! Meticulously maintained 3 bed / 2.5 bath with preferred split floor plan and south-east corner unit. Spacious open floor plan perfect for entertaining. Kitchen features high-end appliances, marble countertops, plenty of storage, workspace and an expansive island open to the living/dining

    Ali Arciniega Chicago Real Estate Artists LLC

    Section Image
  • 2303 N Bosworth Ave Unit 3A, Chicago, IL 60614

    $575,000

    • 2 Beds
    • 2 Baths
    • 1,390 Sq Ft
    • 2303 N Bosworth Ave
    • Unit 3A
    • Chicago, IL

    Expansive 2 bedroom 2 bath unit w/ FULL wrap around terrace in an all-brick boutique elevator building in Lincoln Park! This unit features nearly 1400 sq ft of living space! As you enter the home you are welcomed into an entryway with coat closet, turn the corner and you are met with floor to ceiling windows flooding the entire open layout with natural light! Updated kitchen features plenty of

    Jim Streff Berkshire Hathaway HomeServices Chicago

    Section Image
  • 2235 W Belden Ave Unit 2, Chicago, IL 60647

    $749,000

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 2235 W Belden Ave
    • Unit 2
    • Chicago, IL

    STUNNING EXTRA WIDE NEWER 3 BED 2 BATH UNIT IN BUCKTOWN! THIS UNIT WAS BUILT BY HALCYON DEVELOPMENT GROUP AND FEATURES A PERFECT LAYOUT WITH FLOOR TO CEILING WINDOWS LEADING OUT TO A NEARLY 36 FT WIDE BALCONY! THE LIVING ROOM AND DINING ROOM ARE OPEN TO A SLEEK KITCHEN W/ VECCELLI CUCINE CUSTOM CABINETRY, SUB ZERO AND BOSCH APPLIANCES ALONG W/ WINE FRIDGE AND SEATING AT THE PENINSULA. SUNNY AND

    Jim Streff Berkshire Hathaway HomeServices Chicago

    Section Image
  • 505 N Mcclurg Ct Unit 4002, Chicago, IL 60611

    $735,000

    • 2 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 505 N Mcclurg Ct
    • Unit 4002
    • Chicago, IL

    Experience luxury living in this spacious high-floor 2-bedroom, 2-bathroom condo in the heart of Streeterville. This stunning residence boasts panoramic lake, park, and skyline views through floor-to-ceiling windows. The expansive living room is perfect for entertaining or relaxing at home while watching boats glide across the lake. The thoughtfully designed split-bedroom layout ensures privacy.

    Michael Maier Berkshire Hathaway HomeServices Chicago

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chandra Nina Jaya $520,000 North American Title Company
Dreyfuss Justin -- --
Lutarewych Steven P -- Lakeshore Title Agency
Lutarewych Steven P $455,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandra Nina Jaya $416,000
Previous Owner Latarewych Steven P $80,000
Previous Owner Dreyfuss Justin $347,400
Previous Owner Dreyfuss Justin --
Previous Owner Lutarewych Steven P $354,900
Closed Lutarewych Steven P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $520,000 -1.0% $248 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $525,000 -- $250 / 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 $9,646 $61,733 $7,677 $54,056
2023 $9,646 $50,321 $3,503 $46,818
2022 $9,646 $50,321 $3,503 $46,818
2021 $9,449 $50,320 $3,503 $46,817
2020 $9,802 $47,101 $3,503 $43,598
2019 $9,733 $51,871 $3,503 $48,368
2018 $9,568 $51,871 $3,503 $48,368
2017 $10,279 $51,125 $3,091 $48,034
2016 $9,740 $51,125 $3,091 $48,034
2015 $8,888 $51,125 $3,091 $48,034
2014 $7,533 $43,167 $2,627 $40,540
2013 $7,373 $43,167 $2,627 $40,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10972383

Midwest Real Estate Data (MRED)

APN: 17-08-121-043-1001