NOT LISTED FOR SALE

1516 W Grand Ave Unit 4E Chicago, IL 60642

West Town Neighborhood

Estimated Value: $505,614 - $831,000

2 Beds
2 Baths
1,400 Sq Ft
6,447 Sq Ft Lot

Sale Details

Date Sold: June 10, 2022

Last sale price $499,000 $356 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,171 / mo

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Whirlpool Bathtub
  • Lock-and-Leave Community
  • Wood Flooring
  • 2-minute walk to Bickerdike (George) Square Park

About This Home

As of June 2022

The Penthouse life is the best life! Huge 2 Bed, 2 Bath Top Floor Penthouse with a private rooftop deck in the heart of West Town! This unit features 2 bedrooms with a huge primary bedroom and spacious on-suite bathroom. There are beautiful oak hardwood floors throughout. The updated kitchen includes stainless steel appliances, granite countertops, refinished white cabinets with new hardware and a new kitchen faucet. Sprawling living room with a granite faced gas fireplace and a plethora of natural light. Tons of outdoor space with 3 decks highlighted by the over 500 sqft private rooftop deck! The private deck has custom built seating and hightop table with breathtaking unobstructed views of the city skyline. In addition to all this the condo is a fully automated smart home. Nest thermostat, voice/motion activated lighting and power blinds. The cherry on top is the location! In the heart of West Town nestled between Ukrainian Village and Fulton Market/West Loop. Less than a mile walk to all the best restaurants and nightlife Chicago has to offer. Priced to sell! Come and see it before it's gone!!

Last Agent to Sell the Property

Kirk Giannola

Compass License #475125463 Listed on: 04/29/2022

Compass

Last Buyer's Agent

Stephanie Turner

Jameson Sotheby's Intl Realty License #475179186

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,239

Year Built

  • Built in 2003

Lot Details

  • 6,447

HOA Fees

  • $212 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 1,400 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Fireplace With Gas Starter
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Granite Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger
  • 8 Units
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,239

Year Built

Built in 2003

Lot Details

6,447 Sq Ft Lot

HOA Fees

$212 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: 2003
  • 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: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan, Drapes/Blinds, Granite Counters
  • LivingArea: 1400
  • Room Type: Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Blinds,Window Treatments

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 212
  • Association Amenities: Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: N/A
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Annual Amount: 7238.79
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 8, 2022
Sold by
Lewis Troy M
Bought by
Cole James A and Wright Benson
Seller's Agent
Kirk Giannola
Compass
Buyer's Agent
Stephanie Turner
Jameson Sotheby's Intl Realty
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$620,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,404
Avg. Annual Appreciation
5.80%
Original Mortgage
$434,130
Outstanding Balance
$413,564
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$206,840

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 15, 2013
Sold by
Bernstein Joseph J and Curtin Kelley Catherine
Bought by
Lewis Troy M
Seller's Agent
Annie Caltabiano
@properties Christie's International Real Estate
Buyer's Agent
Landon Harper
@properties Christie's International Real Estate
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$345,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2010
Sold by
Striltschuk Olga E and Striltschuk Adriana M
Bought by
Bernstein Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2008
Sold by
Striltschuk Olga E
Bought by
Striltschuk Olga E and Striltschuk Adriana M

Purchase Details

Closed on
Jun 17, 2004
Sold by
T & B Ventures Llc
Bought by
Striltschuk Olga E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.25%
Mortgage Type
Unknown
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
Cole James A $748,500 Truly Title
Lewis Troy M $365,000 Prairie Title
Bernstein Joseph J $370,000 Chicago Title Insurance Co
Striltschuk Olga E -- Cti
Striltschuk Olga E $352,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole James A $434,130
Previous Owner Lewis Troy M $345,500
Previous Owner Bernstein Joseph J $333,000
Previous Owner Striltschuk Olga E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $499,000 0.0% $356 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $499,000 +36.7% $356 / Sq Ft
07/23/2013 07/23/13 Sold $365,000 0.0% -- View Prior Sale
05/21/2013 05/21/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $365,000 -- --
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 $8,036 $46,657 $5,802 $40,855
2024 $8,036 $46,657 $5,802 $40,855
2023 $7,107 $37,976 $2,648 $35,328
2022 $7,107 $37,976 $2,648 $35,328
2021 $6,967 $37,974 $2,647 $35,327
2020 $7,239 $35,597 $2,647 $32,950
2019 $7,187 $39,202 $2,647 $36,555
2018 $7,744 $39,202 $2,647 $36,555
2017 $8,318 $38,639 $2,336 $36,303
2016 $7,739 $38,639 $2,336 $36,303
2015 $7,080 $38,639 $2,336 $36,303
2014 $6,053 $32,624 $1,985 $30,639
2013 $5,933 $32,624 $1,985 $30,639
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kirk Giannola

    Compass

    (773) 482-1917

    5 in this area

    35 Total Sales

    Kirk Giannola
    Section Image
  • Stephanie Turner

    Buyer's Agent in 2022

    Stephanie Turner

    Jameson Sotheby's Intl Realty

    (312) 523-3131

    4 in this area

    73 Total Sales

    Stephanie Turner
    Section Image
  • Annie Caltabiano

    Seller's Agent in 2013

    Annie Caltabiano

    @ Properties

    (312) 213-9203

    3 in this area

    59 Total Sales

    Annie Caltabiano
    Section Image
  • Landon Harper

    Buyer's Agent in 2013

    Landon Harper

    @ Properties

    (312) 432-0200

    2 in this area

    53 Total Sales

    Landon Harper
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11388797

Midwest Real Estate Data (MRED)

APN: 17-08-121-043-1007

Illinois Cook County Chicago 60642 West Town

1516 W Grand Ave Unit 4E, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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