NOT LISTED FOR SALE

1523 N Mohawk St Unit 2 Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $536,574 - $587,000

2 Beds
2 Baths
-- Sq Ft
3,093 Sq Ft Lot

Last Sold November 07, 2019

Last sale price $438,000

Est. 28% increase in value since last sale

Current estimated payment $3,704/month

Highlights

  • Rooftop Deck
  • 4-minute walk to Sedgwick Station
  • Whirlpool Bathtub
  • Lincoln Park High School Rated A
  • Wood Flooring
  • 2-minute walk to Park #598

About This Home

As of May 2024

Welcome to the Chicago Lifestyle, an Old Town story. This stunning 2 Bed / 2 Bath condo offers the perfect blend of modern luxury and classic charm. Located in an intimate walk-up building, this home features a recently refinished kitchen with sleek soft gray cabinetry, a subway tile backsplash, and high-end stainless steel appliances including a Viking wine fridge, adding a touch of elegance to your culinary experiences. The kitchen also features ample storage space with custom built ins and a desk. The main living space faces west, bathing the area in natural light, while windows on all four sides ensure a bright and airy atmosphere throughout. The open-concept living and dining area boasts beautiful hardwood floors, recessed lighting, and a cozy fireplace, creating an inviting space for relaxation and entertainment. The primary bedroom, complete with a walk-in closet, opens to a private balcony, perfect for morning coffee or evening relaxation, while the Juliet balcony off the living space adds a touch of sophistication. The second bedroom is spacious and versatile, ideal for guests, a home office, or a nursery. The bathrooms are modern and stylish, with high-quality fixtures and finishes - including double sinks and a separate shower tub in the primary. Additionally, residents can enjoy an incredible common roof deck with sweeping views of the city - a perfect spot for entertaining or unwinding after a long day. The property includes an exterior parking space, conveniently included in the rental price, and extra storage space in the lower level. The rent covers essential utilities such as water, sewer, and trash, simplifying your living experience. Nestled in the heart of Old Town, this condo is situated on a picturesque tree-lined street, just blocks from the vibrant Wells Street. Here, you'll find a plethora of restaurants, shops, and entertainment options. A nearby Target adds convenience to your daily errands. Outdoor enthusiasts will love the proximity to a large running track just one block away, perfect for staying active. Old Town offers an unbeatable lifestyle with its mix of historic charm and modern amenities. Enjoy a Saturday brunch at one of the many local spots, followed by a leisurely stroll through Lincoln Park's duck pond. Indulge in the neighborhood's diverse culinary scene with rooftop drinks at Utopian Tailgate, delicious ribs at Twin Anchors Restaurant, and classic Italian cuisine at Topo Gigio Ristorante. Don't miss local gems like The Spice House for unique shopping and comedy hotspots like Second City and Zanies Comedy Club for unforgettable entertainment. Experience the best of Chicago living in this exceptional Old Town condo.

Last Agent to Rent the Property

Samuel Ciochon

@properties Christie's International Real Estate License #475129080 Listed on: 05/16/2024

@properties Christie's International Real Estate

Last Renter's Agent

Emily Madigan

Baird & Warner License #475182943

Baird & Warner

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,241

Year Built

  • Built in 2001 | Remodeled in 2020

Lot Details

  • 3,093

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Manierre Elementary School
  • Lincoln Park High School

Utilities

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

Listing and Financial Details

  • Property Available on 6/1/24
  • Rent includes water, parking
  • 12 Month Lease Term

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium

Amenities

  • Sundeck
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Fenced around community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,241

Year Built

Built in 2001 | Remodeled in 2020

Lot Details

0

Rental Info

  • Available Date: 2024-06-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 3900
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Unit,None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes

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, Number Limit
  • Association Amenities: Storage, Sundeck, Fencing
  • Rent Includes: Water, Parking
  • Management: Self-Management
  • Management Company: Self Managed
  • Management Contact Name: Self Managed

Schools

  • Elementary School: Manierre Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Manierre Elementary School

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Nov 7, 2019
Sold by
Cederoth Andrew J and Cederoth Catherine M
Bought by
Leitch Allison W
Seller's Agent
Scott Newman
Keller Williams ONEChicago
Buyer's Agent
Benjamin Horowitz
Real 1 Realty
List Price
$449,000
Sold Price
$438,000
Premium/Discount to List
-$11,000
-2.45%
Current Estimated Value
$560,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,644
Avg. Annual Appreciation
4.21%
Original Mortgage
$220,000
Outstanding Balance
$191,159
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$369,485

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jun 5, 2014
Sold by
Pelelas Raymond M
Bought by
Catherine M Cederoth 2004 Declaration Of
Seller's Agent
Keri Hir
Keri Hir
Buyer's Agent
Scott Newman
Keller Williams ONEChicago
List Price
$499,900
Sold Price
$493,000
Premium/Discount to List
-$6,900
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.15%

Purchase Details

Closed on
Feb 16, 2008
Sold by
Lafayette Steven R and Lafayette Elissa J
Bought by
Pelelas Raymond M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,400
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2005
Sold by
Lesage Victor and Cutler Kelly
Bought by
Lafayette Steven R and Lafayette Elissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2001
Sold by
State Bank Of Countryside
Bought by
Lesage Victor and Cutler Kelly
Source: Public Records

Range of Values:

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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
Leitch Allison W $438,000 Near North National Title
Catherine M Cederoth 2004 Declaration Of $493,000 Ctcc
Pelelas Raymond M $463,000 Cti
Lafayette Steven R $425,000 Rtc
Lesage Victor $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leitch Allison W $220,000
Previous Owner Pelelas Raymond M $370,400
Previous Owner Lafayette Steven R $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Rented $4,400 +12.8% --
05/20/2024 05/20/24 Under Contract -- -- --
05/16/2024 05/16/24 For Rent $3,900 0.0% --
11/07/2019 11/07/19 Sold $438,000 -2.4% -- View Prior Sale
10/08/2019 10/08/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $449,000 -8.9% --
06/05/2014 06/05/14 Sold $493,000 -1.4% $340 / Sq Ft View Prior Sale
04/25/2014 04/25/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $499,900 -- $345 / 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 $9,241 $41,686 $10,427 $31,259
2023 $9,009 $43,800 $8,409 $35,391
2022 $9,009 $43,800 $8,409 $35,391
2021 $8,808 $43,799 $8,408 $35,391
2020 $10,081 $45,255 $7,063 $38,192
2019 $9,216 $49,299 $7,063 $42,236
2018 $9,060 $49,299 $7,063 $42,236
2017 $8,825 $44,369 $5,717 $38,652
2016 $8,887 $44,369 $5,717 $38,652
2015 $8,130 $44,369 $5,717 $38,652
2014 $5,765 $33,643 $4,238 $29,405
2013 $5,641 $33,643 $4,238 $29,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12058573

Midwest Real Estate Data (MRED)

APN: 17-04-109-045-1002