NOT LISTED FOR SALE

1518 W Wilson Ave Unit 1E Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $455,000 - $503,172

2 Beds
2 Baths
1,388 Sq Ft
$250/mo HOA Fee

Last Sold March 07, 2022

Last sale price $406,000 $293 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,434/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Ravenswood Elementary School Rated A-
  • Main Floor Bedroom
  • 3-minute walk to Chase Park

About This Home

As of March 2022

Stunning remodel in 100% owner occupied vintage 6-flat in the heart of where Ravenswood, Andersonville and Lincoln Square meet. Exposed brick and stained glass windows are architectural gems. Huge rooms with uber high ceilings. TWO ASSIGNED PARKING SPACES INCLUDED. Gas start fireplace feature wall. Rehabbed kitchen (granite counters, farm sink, stainless high quality appliances and gorgeous tile backsplash with floating shelves.) Two full remodeled baths - top to bottom! Both bedrooms are large and fit king beds and full suites of furniture. New AC and furnace and laundry (3-4 years). New electrical and light fixtures. New sliding door to deck. Brand new closet organization systems. Engineered wood floors throughout. Additional (huge) storage room in lower level plus common bike storage. Private covered back deck. Quick jaunt to Red/Brown line and Metra. Solid association. Free gym in building with elliptical, weight system and treadmill. Pet friendly. No rentals. In amazing Ravenswood Elementary school zone, one of the top in CPS.**Multiple offers. Highest and best due Sunday 1/23 at 5pm**

Last Agent to Sell the Property

Molly Marino

Baird & Warner License #475124876 Listed on: 01/21/2022

Baird & Warner

Last Buyer's Agent

Juana Honeycutt

Compass License #475122247

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1906

Lot Details

  • 7,667

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,388 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Off Alley Driveway
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Deck

Schools

  • Ravenswood Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Board President Association

Pet Policy

  • Pets up to 199 lbs
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,179

Year Built

Built in 1906

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1388
  • Room Type: Foyer, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 385000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Board President
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Ravenswood Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Ravenswood Elementary School
  • Middle/Junior School District: 299
  • Junior High/Middle School #2: Amundsen High School

Lot Info

  • 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: 199

Tax Info

  • Tax Annual Amount: 5179
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 15, 2022
Sold by
Smith Kathryn and Picinich Kathryn
Bought by
Noble Joshua
Seller's Agent
Molly Marino
Baird & Warner
Buyer's Agent
Juana Honeycutt
Compass
List Price
$385,000
Sold Price
$406,000
Premium/Discount to List
$21,000
5.45%
Current Estimated Value
$488,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,382
Avg. Annual Appreciation
4.55%
Original Mortgage
$365,400
Outstanding Balance
$341,771
Interest Rate
3.35%
Estimated Equity
$131,218

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 28, 2022
Sold by
Smith Kathryn and Picinich Kathryn
Bought by
Noble Joshua
Seller's Agent
Molly Marino
Baird & Warner
Buyer's Agent
Juana Honeycutt
Compass
List Price
$385,000
Sold Price
$406,000
Premium/Discount to List
$21,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,400
Outstanding Balance
$341,771
Interest Rate
3.35%
Estimated Equity
$131,218

Purchase Details

Listed on
Oct 9, 2016
Closed on
Nov 17, 2016
Sold by
Miller Betty J
Bought by
Picinich Kathryn
Seller's Agent
Angela Patterson
Charles Rutenberg Realty
Buyer's Agent
Jimmy Escobar
Century 21 S.G.R., Inc.
List Price
$175,000
Sold Price
$250,000
Premium/Discount to List
$75,000
42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$225,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Noble Joshua $406,000 --
Noble Joshua $406,000 --
Picinich Kathryn $250,000 Citywide Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Joshua $365,400
Closed Noble Joshua $365,400
Previous Owner Picinich Kathryn $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $406,000 +5.5% $293 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $385,000 +54.0% $277 / Sq Ft
12/08/2016 12/08/16 Sold $250,000 -9.1% $180 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/10/2016 10/10/16 Price Changed $275,000 +57.1% $198 / Sq Ft
10/09/2016 10/09/16 For Sale $175,000 -- $126 / 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 $6,119 $41,890 $12,744 $29,146
2023 $5,965 $29,000 $10,247 $18,753
2022 $5,965 $29,000 $10,247 $18,753
2021 $5,831 $28,999 $10,246 $18,753
2020 $5,179 $23,249 $6,147 $17,102
2019 $5,152 $25,644 $6,147 $19,497
2018 $5,066 $25,644 $6,147 $19,497
2017 $5,259 $24,431 $5,379 $19,052
2016 $5,951 $29,711 $5,379 $24,332
2015 $4,620 $29,711 $5,379 $24,332
2014 $4,590 $29,142 $4,130 $25,012
2013 $4,480 $29,142 $4,130 $25,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11308845

Midwest Real Estate Data (MRED)

APN: 14-17-106-043-1001