NOT LISTED FOR SALE

1521 N Milwaukee Ave Unit 3N Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $614,000 - $705,000

2 Beds
2 Baths
1,800 Sq Ft
$268/mo HOA Fee

Last Sold December 02, 2022

Last sale price $527,000 $293 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,745/month

4 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Damen Station (Blue Line)
  • Lock-and-Leave Community
  • Heated Floors
  • Open Floorplan
  • 4-minute walk to Wicker (Charles, Joel) Park

About This Home

As of December 2022

In the heart of Wicker Park, this two (2) bedroom, two (2) bathroom penthouse loft has a lot to offer! Only (3) three units in the building, this spacious condo offers a great deal of privacy, as well as an outdoor oasis offering incredible views of Chicago skyline. Great design and luxury amenities. Soaring 12 ft ceilings and exposed brick. Wall of windows, flooded with sunlight. Custom Hunter Douglas shades throughout. Functional, open layout features a modern kitchen with professional grade appliances (Sub-Zero, Wolf), pantry-closet, and breakfast bar. Built-in speakers allowing for great sound throughout the entire unit. Wood burning, gas starting fireplace. Nest thermostat system. New water heater 2020. The primary suite boasts a walk-in closet and ensuite spa-like bathroom featuring heated floors, double vanity, and European style shower. Huge second bedroom. Outdoor oasis includes substantial deck (10 X 25) off of the primary suite and a recently rebuilt private roof top deck (20 X 30). Bonus: in-unit laundry AND heated garage parking one (1) space! Current bylaws within homeowners association do not restrict rentals. Easy walk to the 606, many boutiques, restaurants, and entertainment venues. Several options for public transportation- close to the CTA Blue Line, buses, and Metra, and only a few blocks from the interstate highway system (I90/I94). This unit allows you to be in close proximity to everything that Wicker Park, Ukrainian Village, East Village, and Logan Square has to offer. Agent owned interest.

Last Agent to Sell the Property

Abigail Hector

Berkshire Hathaway HomeServices Chicago License #475198678 Listed on: 09/23/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Erika Abbate

Z to A Realty License #471020621

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,104

Year Built

  • Built in 1903 | Remodeled in 2006

Lot Details

  • 5,881

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

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

Laundry

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

Outdoor Features

  • Rooftop Deck
  • Porch

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, security, scavenger
  • 3 Units
  • Loft
  • Lock-and-Leave Community

Amenities

  • Shops
  • Community Storage Space

Pet Policy

  • Dogs Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,104

Year Built

Built in 1903 | Remodeled in 2006

Lot Details

0

HOA Fees

$268 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: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2006
  • Rebuilt Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Water Purifier
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Shops
  • LivingArea: 1800
  • Other Equipment: Humidifier, TV-Cable, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,European Shower
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Porch, Roof Deck
  • List Price: 575000
  • Lot Features: Other, Sidewalks
  • OtherStructures: Garage(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • 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: Dogs OK
  • Association Fee: 268
  • Association Amenities: Storage, Security Door Lock(s), Ceiling Fan, Intercom
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: SELF MANAGED
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 13104.16
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 2, 2022
Sold by
Larry F Hector Revocable Trust
Bought by
Abbate Eric and Abbate Erika
Seller's Agent
Abigail Hector
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Erika Abbate
Z to A Realty
List Price
$575,000
Sold Price
$527,000
Premium/Discount to List
-$48,000
-8.35%
Total Days on Market
4
Views
3
Current Estimated Value
$650,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,355
Avg. Annual Appreciation
9.52%
Original Mortgage
$345,250
Outstanding Balance
$333,558
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$328,024

Purchase Details

Listed on
Mar 14, 2012
Closed on
May 31, 2012
Sold by
Mclean Jamie and Mclean Elisa
Bought by
Hector Larry F and Larry F Hector Revocable Trust
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Hood Development Llc
Bought by
Mclean Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,750
Interest Rate
6.85%
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 Buyer Sale Price Title Company
Abbate Eric $527,000 None Listed On Document
Hector Larry F $450,000 Chicago Title Insurance
Mclean Jamie $612,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbate Eric $345,250
Previous Owner Mclean James $417,000
Previous Owner Mclean James $489,000
Previous Owner Mclean James $61,000
Previous Owner Mclean Jamie $91,750
Previous Owner Mclean Jamie $489,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $527,000 -8.3% $293 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $575,000 +27.8% $319 / Sq Ft
06/08/2012 06/08/12 Sold $450,000 -10.0% $281 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $499,900 -- $312 / 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 $12,300 $60,570 $19,715 $40,855
2023 $12,300 $58,164 $9,015 $49,149
2022 $12,300 $58,164 $9,015 $49,149
2021 $12,023 $58,163 $9,015 $49,148
2020 $13,104 $57,057 $9,015 $48,042
2019 $12,838 $61,976 $9,015 $52,961
2018 $12,628 $61,976 $9,015 $52,961
2017 $10,347 $46,517 $7,925 $38,592
2016 $9,665 $46,517 $7,925 $38,592
2015 $8,860 $46,517 $7,925 $38,592
2014 $7,648 $39,587 $7,033 $32,554
2013 $7,520 $39,587 $7,033 $32,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11637371

Midwest Real Estate Data (MRED)

APN: 17-06-200-076-1001