$786,000
SOLD MAR 15, 2021

1518 W Cortez St Unit 3W Chicago, IL 60642

West Town Neighborhood
4 Beds
3 Baths
2,855 Sq Ft
$360/mo HOA Fee

Recently Sold

$275 Per Sq Ft

1% Above List Price

22 Days on Market

Highlights

  • Rooftop Deck
  • 5-minute walk to Division Station
  • Steam Shower
  • Wood Flooring
  • Whirlpool Bathtub
  • Stainless Steel Appliances

About This Home

As of March 2021

Welcome home to this sprawling 4 bed/3 bath duplex up with four outdoor spaces including a private rooftop deck! This modern home is perfect for entertaining with two separate living spaces, both with balconies. Beautiful crown molding and wainscoting, tons of windows and luxury finishes throughout. The spacious and open kitchen features new quartz countertops, new backsplash, top of the line appliances and breakfast bar/island. Two primary suites equipped with walk-in closet and spa-like ensuite baths with double vanity, separate shower and Jacuzzi tub. Beautiful hardwood floors throughout, in-unit washer/dryer, ample closet space and two fireplaces (living room & family room). Enjoy hosting family & friends on the brand new private rooftop deck. Building features include secure gated phone controlled entry system, extra storage room and prime garage parking. Numerous building repairs completed in 2020 including roof repairs, new roofdeck, new artificial turf and bushes, fiber optic installed, capstones sealed/powerwashed and entire stone exterior sealed. Seller will provide a one year home warranty. Wonderful location just a few blocks from the blue line and easy highway access. Moments from all the best Division Street and Chicago Ave have to offer; countless restaurants, bars, shops and parks. Must see.

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 01/19/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Myrna Greenspan

@properties Christie's International Real Estate License #475133164

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,930

Year Built

  • 2007

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $360 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

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
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,930

Year Built

2007

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2007
  • Type Attached: Condo, Condo-Duplex, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2007

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 8
  • Living Room: Dimensions: 25X21, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Balcony, Deck
  • Master Bedroom: Dimensions: 19X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 21X8, On Level: Main Level
  • Additional Room 2 Name: Balcony, Dimensions: 21X8, On Level: 2nd Level
  • Bedroom 2: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Balcony, Dimensions: 21X7, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Deck, Dimensions: 35X22, On Level: 3rd Level
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2855
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 29X21, On Level: 2nd Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Deck, Roof Deck
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • 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
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 360
  • Management Contact Name: Stefeni Tormanen
  • Management Phone: 888-633-8276X609

Fee Information

  • Management Company: Connected Property Management

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: 17053081191006

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 4

Tax Info

  • Taxes: 14960.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 3, 2021
Sold by
Ostrom Jenifer J and Jenifer Ostrom Trust
Bought by
Chiswa Robert
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Myrna Greenspan
@properties Christie's International Real Estate
List Price
$775,000
Sold Price
$786,000
Premium/Discount to List
$11,000
1.42%
Current Estimated Value
$925,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,979
Avg. Annual Appreciation
3.30%
Original Mortgage
$548,250
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Ostrom Jenifer J
Bought by
Ostrom Jenifer J and The Jenifer Ostrom Trust

Purchase Details

Listed on
Jul 7, 2015
Closed on
Sep 24, 2015
Sold by
Kominsky Thomas M and Kominsky Allison N
Bought by
Ostrom Jennifer J
Seller's Agent
Ryan Gossett
Compass
Buyer's Agent
David Mahoney
Jameson Sotheby's Intl Realty
List Price
$799,900
Sold Price
$775,000
Premium/Discount to List
-$24,900
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$612,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Walsh Sean and Kaur Kulvinder
Bought by
Kominsky Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
1518 W Cortez Inc
Bought by
Walsh Sean and Kaur Kulvider

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $786,000 Proper Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $775,000 None Available
Warranty Deed $600,000 Cti
Special Warranty Deed $664,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $548,250 New Conventional
Previous Owner $612,000 New Conventional
Previous Owner $175,000 Credit Line Revolving
Previous Owner $410,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Previous Owner $123,000 Credit Line Revolving
Previous Owner $417,000 Unknown
Previous Owner $180,600 Credit Line Revolving
Previous Owner $179,000 Credit Line Revolving
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Rented $5,500 +10.0% --
05/19/2023 05/19/23 Off Market $5,000 -- --
05/16/2023 05/16/23 For Rent $5,000 0.0% --
03/15/2021 03/15/21 Sold $786,000 +1.4% $275 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $775,000 0.0% $271 / Sq Ft
10/05/2015 10/05/15 Sold $775,000 0.0% $298 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
07/15/2015 07/15/15 Price Changed $775,000 -3.1% $298 / Sq Ft
07/07/2015 07/07/15 For Sale $799,900 -- $308 / 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 $15,930 $82,199 $9,245 $72,954
2023 $15,482 $75,273 $4,219 $71,054
2022 $15,482 $75,273 $4,219 $71,054
2021 $15,137 $75,273 $4,219 $71,054
2020 $15,063 $67,619 $4,219 $63,400
2019 $14,961 $74,465 $4,219 $70,246
2018 $14,709 $74,465 $4,219 $70,246
2017 $11,910 $55,327 $3,722 $51,605
2016 $11,081 $55,327 $3,722 $51,605
2015 $10,138 $55,327 $3,722 $51,605
2014 $9,811 $52,877 $3,164 $49,713
2013 $9,617 $52,877 $3,164 $49,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10968414

Midwest Real Estate Data (MRED)

APN: 17-05-308-119-1006