$450,000
SOLD APR 8, 2022

1541 W Chestnut St Unit 2 Chicago, IL 60642

West Town Neighborhood
2 Beds
2 Baths
1,500 Sq Ft
$150/mo HOA Fee

Recently Sold

$300 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Whirlpool Bathtub
  • Balcony
  • Intercom

About This Home

As of April 2022

Truly one of the best units out there! Gorgeous tree lined street! This oversized West Town condo lives like a house! 9 Foot ceilings throughout! Freshly painted walls, doors, and trim! Nest thermostat . Tons of natural light and recessed lighting in Kitchen and Living Room. Tremendously spacious kitchen with endless counterspace, 42" cabinets, peninsula countertop that accommodates bar stools, stainless steel appliances (Refrigerator 2020, Microwave 2016) and so much prep space! An entertainers dream with the open concept and use of space. Approx 1500 Sq. Feet!! Refinished Hardwood floors with a Cherry inlay to provide a dramatic border. Living Room with a breathtaking mantle & gas starter/ wood burning fireplace. Sliding glass door leads to a Juliet Balcony. Master Bedroom with a wall to wall double closet. Ceiling fan and recessed lighting, Master Bath boasts a Jacuzzi tub, double sink, & separate stand up shower. Bedroom #2 can serve as a Gym/WFH location/ or Guest Room. Full spacious bathroom nearby. New dimmable & LED light fixtures in the bathroom. In unit Washer & Dryer. SO much room for storage/Coats/ and other items in the coat closet. LARGE OUTDOOR PATIO UPDATED WITH NEW TECH WOOD FLOORING (2020). Access from the Bedroom or Hallway. EXTRA WIDE LOT!! 1 ATTACHED GARAGE PARKING SPOT INCLUDED IN PRICE ALONG WITH 1 EXTERIOR TANDEM SPOT. THE GARAGE EXITS INTO A CITY STREET THAT DOES GET PLOWED (NO ALLEY ON FRONT OR BACK SIDE OF THE BUILDING!!) Bike rack and HUGE ASSIGNED SECURE STORAGE SPACE #2 (8X11). Getting around Chicago has never been easier: Walk to Ukrainian Village, East Village, Wicker Park, Blue line, Chicago bus to Downtown, Easy access to 90/94, Eckart Park, Shopping, Nightlife, Public Transportation, Bike & Jogging Trails AND SO MUCH MORE!

Last Agent to Sell the Property

Mala Gandhi

@properties Christie's International Real Estate License #475111132 Listed on: 03/03/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Adele Lang

Compass License #475173521

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,079

Year Built

  • Built in 2002

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 4 Units
  • Mid-Rise Condominium

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,079

Year Built

Built in 2002

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 2002
  • Age: 16-20 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: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

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: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1500
  • Other Equipment: Intercom, CO Detectors
  • Room Type: Balcony/Porch/Lanai, Storage
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed 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
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 444900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 150
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: XXX
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7078.66
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 12, 2022
Sold by
Xavier Mario
Bought by
Slawitschek Matthew Walter
Seller's Agent
Mala Gandhi
@properties Christie's International Real Estate
Buyer's Agent
Adele Lang
Compass
List Price
$444,900
Sold Price
$450,000
Premium/Discount to List
$5,100
1.15%
Current Estimated Value
$571,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,088
Avg. Annual Appreciation
6.80%
Original Mortgage
$427,500
Outstanding Balance
$403,797
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$160,871

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 4, 2022
Sold by
Xavier Mario
Bought by
Slawitschek Matthew Walter
Seller's Agent
Mala Gandhi
@properties Christie's International Real Estate
Buyer's Agent
Adele Lang
Compass
List Price
$444,900
Sold Price
$450,000
Premium/Discount to List
$5,100
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$403,797
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$160,871

Purchase Details

Listed on
Oct 9, 2013
Closed on
Oct 4, 2013
Sold by
Weber Nathan R and Weber Dorota
Bought by
Xavier Mario
Seller's Agent
Brett Huelat
CL3 Property Management
Buyer's Agent
Mala Gandhi
@properties Christie's International Real Estate
List Price
$329,900
Sold Price
$317,500
Premium/Discount to List
-$12,400
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$254,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2005
Sold by
Weber Dorota and Weber Nathan R
Bought by
Weber Nathan R and Weber Dorota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 27, 2005
Sold by
Marks Dorothy
Bought by
Marks Dorothy and Weber Nathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Chestnut Street Development Inc
Bought by
Marks Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $450,000 --
Warranty Deed $450,000 None Listed On Document
Warranty Deed $317,500 Fat
Interfamily Deed Transfer -- Lakeshore Title Agency
Interfamily Deed Transfer -- Lakeshore Title Agency
Warranty Deed $340,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Previous Owner $228,500 New Conventional
Previous Owner $249,000 New Conventional
Previous Owner $254,000 New Conventional
Previous Owner $277,700 New Conventional
Previous Owner $62,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $272,000 Unknown
Closed $28,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $450,000 +1.1% $300 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $444,900 +40.1% $297 / Sq Ft
12/02/2013 12/02/13 Sold $317,500 -3.8% $212 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $329,900 -- $220 / 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 $9,220 $45,654 $6,056 $39,598
2023 $8,940 $46,887 $2,764 $44,123
2022 $8,940 $46,887 $2,764 $44,123
2021 $8,758 $46,885 $2,763 $44,122
2020 $7,079 $34,878 $2,763 $32,115
2019 $7,028 $38,410 $2,763 $35,647
2018 $6,909 $38,410 $2,763 $35,647
2017 $6,316 $32,714 $2,438 $30,276
2016 $6,052 $32,714 $2,438 $30,276
2015 $5,995 $32,714 $2,438 $30,276
2014 $4,714 $25,408 $2,072 $23,336
2013 $4,143 $25,408 $2,072 $23,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11337954

Midwest Real Estate Data (MRED)

APN: 17-05-321-037-1002