Seller's Agent in 2021
Erin Mandel
@ Properties
(312) 682-8500
14 in this area
143 Total Sales
1527 N North Park Ave Chicago, IL 60610
Old Town NeighborhoodEstimated Value: $2,857,701 - $3,471,000
5
Beds
7
Baths
5,500
Sq Ft
$592/Sq Ft
Est. Value
Highlights
- Spa
- 4-minute walk to Sedgwick Station
- Sauna
- Lincoln Park High School Rated A
- Rooftop Deck
- Heated Floors
About This Home
As of June 2021Exquisite 5,500 square foot five bedroom, five and two half bath (four en suite) home in Old Town. Situated on highly sought after North Park Avenue with modern sophistication and elegant finishes. Floor to ceiling commercial grade aluminum windows and solid masonry construction. The front living and dining room offer large windows and a gas fireplace. True chef's kitchen with custom cabinetry, pantry closet, twelve-foot island, Subzero and Wolf appliances with a family room and fireplace leading out to an expansive recently upgraded deck with trex composite decking. This deck features newly installed commercial grade heaters, gas fireplace and a Viking grill. Continue up the stunning glass stairs to three bedrooms all with en-suite baths and one of two laundry closets. Enjoy the entire fourth floor dedicated to the primary suite featuring an upgraded spa-like bathroom with a soaking tub, double sinks and enclosed toilet room. Primary suite also includes a walk-in custom closet, office/den and fireplace within the bedroom + bathroom. Penthouse level features a half bath, wet bar, two decks with skyline views, one deck with an outdoor fireplace and the other with a hot tub. Lower level features built-in mud room off the garage, wine cellar, sauna, heated floors, guest room, and guest bath. Additional features include snow melt system, central vacuum, two HVAC systems, two humidifiers, Tesla charger, new window treatments throughout, new light fixtures and a two-car heated attached garage. This immaculate city gem offers luxury lifestyle with home technology with exterior cameras. Steps from Wells St., Lincoln Park and the lakefront.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475115707 Listed on: 03/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $61,908
Year Built
- Built in 2015
Lot Details
- 2,570
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,500 Sq Ft Home
- 4-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Central Vacuum
- Built-In Features
- Bookcases
- Gas Log Fireplace
- Window Treatments
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Home Office
- Recreation Room
- Game Room
- Sauna
Kitchen
- Double Oven
- Cooktop with Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Dual Sinks
- Low Flow Plumbing Fixtures
- Soaking Tub
- Double Shower
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry in multiple locations
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Spa
- Rooftop Deck
- Patio
- Terrace
- Outdoor Grill
Schools
- Manierre Elementary School
- Lincoln Park High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Radiant Heating System
- 400 Amp
- ENERGY STAR Qualified Water Heater
Additional Features
- Enhanced Air Filtration
- Lot Dimensions are 25 x 102
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2021
Closed on
May 25, 2021
Sold by
1527 North Park Ave Llc
Bought by
Joyer Rhea P and Joyer Thomas R
Seller's Agent
Erin Mandel
@properties Christie's International Real Estate
Buyer's Agent
Lisa Blume
Keller Williams ONEChicago
List Price
$2,895,000
Sold Price
$2,500,000
Premium/Discount to List
-$395,000
-13.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,425
Avg. Annual Appreciation
6.38%
Original Mortgage
$1,875,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 12, 2015
Closed on
Jan 26, 2016
Sold by
1527 N North Park Llc
Bought by
1527 North Park Ave Llc
Seller's Agent
Joanna Olszynska
Compass
Buyer's Agent
Jennifer Ames
Engel & Voelkers Chicago
List Price
$2,999,999
Sold Price
$2,802,500
Premium/Discount to List
-$197,499
-6.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.11%
Purchase Details
Closed on
Dec 5, 2013
Sold by
Thompson Michael
Bought by
1527 N North Park Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 30, 2013
Sold by
Chicago Investments Lp
Bought by
Thompson Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joyer Rhea P | $2,500,000 | Chicago Title Insurance Co | |
| 1527 North Park Ave Llc | $2,802,500 | Alliance Title Corporation | |
| 1527 N North Park Llc | $722,500 | First American Title | |
| Thompson Michael | $700,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Joyer Rhea P | $1,875,000 | |
| Previous Owner | 1527 North Park Ave Llc | $2,000,000 | |
| Previous Owner | 1527 N North Park Llc | $1,500,000 | |
| Previous Owner | 1527 N North Park Llc | $500,000 | |
| Previous Owner | Thompson Michael | $495,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2021 06/02/21 | Sold | $2,500,000 | -10.6% | $455 / Sq Ft |
| 05/02/2021 05/02/21 | Pending | -- | -- | -- |
| 04/27/2021 04/27/21 | Price Changed | $2,795,000 | -3.5% | $508 / Sq Ft |
| 03/10/2021 03/10/21 | For Sale | $2,895,000 | +3.3% | $526 / Sq Ft |
| 01/26/2016 01/26/16 | Sold | $2,802,500 | -6.6% | $510 / Sq Ft |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- |
| 10/12/2015 10/12/15 | For Sale | $2,999,999 | +315.2% | $545 / Sq Ft |
| 02/07/2014 02/07/14 | Sold | $722,500 | -0.9% | -- |
| 10/25/2013 10/25/13 | Pending | -- | -- | -- |
| 10/02/2013 10/02/13 | For Sale | $729,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $46,486 | $215,947 | $39,525 | $176,422 |
| 2023 | $45,295 | $223,638 | $31,875 | $191,763 |
| 2022 | $45,295 | $223,638 | $31,875 | $191,763 |
| 2021 | $50,273 | $250,000 | $31,875 | $218,125 |
| 2020 | $63,151 | $283,481 | $26,775 | $256,706 |
| 2019 | $61,908 | $308,132 | $26,775 | $281,357 |
| 2018 | $60,866 | $308,132 | $26,775 | $281,357 |
| 2017 | $44,493 | $206,686 | $21,675 | $185,011 |
| 2016 | $41,397 | $206,686 | $21,675 | $185,011 |
| 2015 | $11,973 | $65,337 | $21,675 | $43,662 |
| 2014 | $9,442 | $50,892 | $16,575 | $34,317 |
| 2013 | $9,256 | $50,892 | $16,575 | $34,317 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Mandel
-
Melissa Miller
Seller Co-Listing Agent in 2021
Melissa Miller
@ Properties
(773) 844-7757
5 in this area
41 Total Sales
-
Lisa Blume
Buyer's Agent in 2021
Lisa Blume
Keller Williams ONEChicago
(312) 953-5176
7 in this area
254 Total Sales
-
Joanna Olszynska
Seller's Agent in 2016
Joanna Olszynska
Compass
(847) 312-8005
80 Total Sales
-
Jennifer Ames
Buyer's Agent in 2016
Jennifer Ames
Engel & Voelkers Chicago
(773) 908-3632
14 in this area
250 Total Sales
-
Dee Thompson
Seller's Agent in 2014
Dee Thompson
Berkshire Hathaway HomeServices Chicago
(312) 882-5822
11 in this area
33 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11016778
APN: 17-04-202-010-0000
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