NOT LISTED FOR SALE

1518 W Chestnut St Unit 3 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $645,000 - $777,000

2 Beds
2 Baths
-- Sq Ft
3,223 Sq Ft Lot

Last Sold April 15, 2021

Last sale price $600,000

Est. 18% increase in value since last sale

Current estimated payment $4,799/month

7 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Steam Shower
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Balcony

About This Home

As of April 2021

South facing newer construction penthouse in West Town. This incredible home has been impeccably maintained and features three private outdoor spaces. Bright extra wide family room with custom stone fireplace and large front balcony. Professional grade kitchen with Viking appliances, wine fridge and pot filler. Custom stone countertops and backsplash. Expansive owners' suite features walk in closet, large steam shower with body sprays, separate jacuzzi tub and double vanity. Bright second bedroom perfect for guest and office. Full private rooftop deck with city views perfect for entertaining.

Last Agent to Sell the Property

Jeffrey Lowe

Compass License #475154506 Listed on: 02/24/2021

Compass

Co-Listed By

Arno Gerbrecht

Compass License #475120456

Last Buyer's Agent

James D'Astice

Compass License #475152334

Compass

Property Details

Home Type

  • Condominium

Year Built

  • 2008

Lot Details

  • 3,223

HOA Fees

  • $100 per month

Parking

  • Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

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

Additional Features

  • North or South Exposure
  • Southern Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Year Built

2008

Lot Details

3,223 Sq Ft Lot

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2008

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 24X19, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, TV-Cable, Security System, Intercom, CO Detectors
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Deck, Roof Deck, Storms/Screens
  • Exposure: N (North), S (South)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Storage, Security Door Locks
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care
  • Assessment Association Fees: 100
  • Management Contact Name: Self Managed
  • Management Phone: 555-555-5555

Fee Information

  • Management Company: Self Managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 17053191291003

Multi Family

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

Tax Info

  • Taxes: 9237.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 13, 2021
Sold by
Hess Jonah D
Bought by
Mustafa Rushda and Martin Matthew
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
James D'Astice
Compass
List Price
$609,000
Sold Price
$600,000
Premium/Discount to List
-$9,000
-1.48%
Current Estimated Value
$706,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,155
Avg. Annual Appreciation
3.35%
Original Mortgage
$480,000
Outstanding Balance
$431,282
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$274,873

Purchase Details

Closed on
Nov 14, 2009
Sold by
1518 West Chestnut Llc
Bought by
Hess Jonah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mustafa Rushda $600,000 Near North National Title
Hess Jonah D $363,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mustafa Rushda $480,000
Previous Owner Hess Jonah D $290,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $600,000 -1.5% --
03/03/2021 03/03/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $609,000 -- --
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 $11,814 $59,984 $9,315 $50,669
2024 $11,814 $59,984 $9,315 $50,669
2023 $11,461 $59,141 $4,251 $54,890
2022 $11,461 $59,141 $4,251 $54,890
2021 $11,223 $59,141 $4,251 $54,890
2020 $9,303 $44,862 $4,251 $40,611
2019 $9,237 $49,405 $4,251 $45,154
2018 $9,081 $49,405 $4,251 $45,154
2017 $9,064 $45,479 $3,751 $41,728
2016 $8,609 $45,479 $3,751 $41,728
2015 $7,853 $45,479 $3,751 $41,728
2014 $7,229 $41,530 $3,188 $38,342
2013 $7,075 $41,530 $3,188 $38,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11002759

Midwest Real Estate Data (MRED)

APN: 17-05-319-129-1003

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