NOT LISTED FOR SALE

1540 N North Park Ave Unit 3S Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $259,000 - $1,340,000

3 Beds
2 Baths
-- Sq Ft
$221/mo HOA Fee

Last Sold January 12, 2023

Last sale price $1,125,000

Est. 14% decrease in value since last sale

Current estimated payment $6,948/month

28 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Sedgwick Station
  • Wine Refrigerator
  • Lincoln Park High School Rated A
  • Terrace
  • Double Oven

About This Home

As of January 2023

1540 n. North Park Avenue. Located on the Cusp of Old Town, Lincoln Park, and the Gold Coast. This 2019 New Construction build did not miss any corners. This 7 unit contraction has private elevator access directly into the unit, providing the most luxurious way to enter your home. Oversized European windows and doors, wide planked hardwood floors, custom cabinets, wine fridge, built in espresso machine, MANY LED trim fixtures all throughout the home, EVERY closet is customized, and TWO private balconies are only a few of the luxuries this home has to offer. The Bathrooms have heated floors and a steam shower. The chefs kitchen features top of the line thermador and sub zero appliances, and LED trim lighting. The living room has an outdoor feel with the balcony doors opening completely. TONS of sunlight beam through the windows. Custom cabinetry and distressed mirror bar adds to the style of this beautiful condo. Walking distance to North & Wells, Foxtrot, Second City, and so much more. Garage parking included with this rare condo!

Last Agent to Sell the Property

Adam Max

Compass License #471022028 Listed on: 11/08/2022

Compass

Co-Listed By

Michael Max

Compass License #475172064

Last Buyer's Agent

Alexandre Stoykov

Compass License #471003645

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,533

Year Built

  • Built in 2019

Lot Details

  • 5,097

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Schools

  • Manierre Elementary School
  • Lincoln Park High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 7 Units
  • Kornelia Association, Phone Number (773) 435-9384
  • Property managed by Kor-2

Pet Policy

  • Pets up to 70 lbs
  • Dogs and Cats Allowed

Additional Features

  • Carbon Monoxide Detectors
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,533

Year Built

Built in 2019

Lot Details

0

HOA Fees

$221 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: 2019
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, First Floor Full Bath
  • Other Equipment: Intercom, CO Detectors
  • Room Type: Terrace, Balcony/Porch/Lanai
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 1150000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 221
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kor-2
  • Management Contact Name: Kornelia
  • Management Phone: 773-435-9384
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Manierre Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 70

Tax Info

  • Tax Annual Amount: 18533.3
  • Tax Year: 2020

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 21, 2022
Sold by
Meitus Samuel B
Bought by
Connor Gerald
Seller's Agent
Adam Max
Compass
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%
Views
9
Current Estimated Value
$973,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$151,875
Avg. Annual Appreciation
-5.31%
Original Mortgage
$900,000
Outstanding Balance
$871,034
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$102,091
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
Connor Gerald $1,125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Gerald $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $1,125,000 -2.2% --
12/07/2022 12/07/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $1,150,000 +6.5% --
10/04/2021 10/04/21 Sold $1,080,000 -6.1% --
07/29/2021 07/29/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $1,150,000 +27.8% --
02/28/2019 02/28/19 Sold $900,000 -2.7% --
01/25/2019 01/25/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $924,900 -- --
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 $17,578 $94,545 $9,296 $85,249
2023 $17,135 $83,310 $7,497 $75,813
2022 $17,135 $83,310 $7,497 $75,813
2021 $16,753 $83,310 $7,497 $75,813
2020 $18,533 $83,195 $6,297 $76,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11669193

Midwest Real Estate Data (MRED)

APN: 17-04-201-067-1004