NOT LISTED FOR SALE

1541 W Chestnut St Unit 4 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $531,000 - $605,000

2 Beds
2 Baths
1,500 Sq Ft
$168/mo HOA Fee

Last Sold September 12, 2022

Last sale price $482,000 $321 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,336/month

35 Days on Market

Highlights

  • Penthouse
  • Wood Flooring
  • Stainless Steel Appliances
  • Rooftop Deck
  • Whirlpool Bathtub
  • Balcony

About This Home

As of September 2022

BEAUTIFUL PENTHOUSE unit with PRIVATE ROOFTOP DECK! This spacious open concept living and extra-wide 2-bed/2-bath layout featuring completely renovated custom bathrooms and newly refinished hardwood floors throughout. Huge light-filled open kitchen with granite counter tops, breakfast bar, stainless-steel appliances, and abundant cabinet storage. Adjoining extra-large living room features cozy gas fireplace, Juliette balcony, and ample space for your formal separate dining area. Large master suite contains two professionally organized closet systems. Luxurious ensuite bathroom features dual vanities, glass-enclosed shower, and separate Jacuzzi tub. Unit features large rear balcony with access from the master bedroom or the back hallway spanning the entire sun-filled southern exposure, providing rare and gorgeous panoramic views of the Chicago skyline. Unit has PRIVATE ACCESS TO ROOFTOP space that has recently been finished with wrought iron railing, maintenance free wood decking & stairs to the flat surface (great for bags game set - includes storage shed to keep all your cushions & toys in) ..... providing even more outdoor entertaining space to lounge and dine with stunning 360 degree city views. Dedicated attached 1 car garage spot, additional exterior driveway for a second tandem car parking space, and interior private closet storage unit with floor to ceiling shelving. Close to West Town and Division Ave amenities, Blue Line, and highway access!! **MOTIVATED SELLER**

Last Agent to Sell the Property

Rorry Skora

RE/MAX Experience Listed on: 07/05/2022

Last Buyer's Agent

Tom Pavljasevic

Coldwell Banker Realty License #475110593

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,721

Year Built

  • Built in 2003

Lot Details

  • 3,615

HOA Fees

  • $168 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 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
  • 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
  • Rooftop Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger
  • 4 Units
  • Matthew Biskner Association, Phone Number (630) 715-1999
  • Property managed by Self-Managed

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,721

Year Built

Built in 2003

Lot Details

0

HOA Fees

$168 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 2003
  • 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: 4
  • 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, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 1500
  • Other Equipment: Humidifier, TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Deck
  • 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
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 510000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 168
  • 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: Matthew Biskner
  • Management Phone: 630-715-1999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, 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: 19
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8721.03
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 1, 2022
Sold by
Chilton Nathan A and Chilton Danielle L
Bought by
Floyd Seamus Daniel
Seller's Agent
Rorry Skora
RE/MAX Experience
Buyer's Agent
Tom Pavljasevic
Coldwell Banker Realty
List Price
$540,000
Sold Price
$482,000
Premium/Discount to List
-$58,000
-10.74%
Views
11
Current Estimated Value
$581,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,453
Avg. Annual Appreciation
7.32%
Original Mortgage
$262,000
Outstanding Balance
$252,454
Interest Rate
5.49%
Mortgage Type
New Conventional
Estimated Equity
$333,747

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 7, 2018
Sold by
Muchow Nathan J
Bought by
Chilton Nathan A and Heide Danielle L
Seller's Agent
Al Medina
Kale Realty
Buyer's Agent
Rorry Skora
RE/MAX Experience
List Price
$474,000
Sold Price
$465,000
Premium/Discount to List
-$9,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$372,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 21, 2014
Sold by
Downham Keith and Downham Melissa
Bought by
Muchow Nathan J
Seller's Agent
Brett Huelat
CL3 Property Management
Buyer's Agent
Stephanie Brimo
Redfin Corporation
List Price
$359,900
Sold Price
$361,000
Premium/Discount to List
$1,100
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$288,800
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2004
Sold by
Chestnut Street Development Inc
Bought by
Downham Keith and Downham Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2004
Sold by
Chestnut Street Development Inc
Bought by
Biskner Matthew C and Biskner Tracy A
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
Floyd Seamus Daniel $482,000 None Listed On Document
Chilton Nathan A $465,000 Barrister Title
Muchow Nathan J $361,000 Pntn
Downham Keith $384,000 Chicago Title Insurance Comp
Biskner Matthew C -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Seamus Daniel $262,000
Closed Floyd Seamus Daniel $262,000
Previous Owner Chilton Nathan A $363,000
Previous Owner Chilton Nathan A $372,000
Previous Owner Muchow Nathan J $279,000
Previous Owner Muchow Nathan J $288,800
Previous Owner Downham Keith J $262,600
Previous Owner Downham Keith J $262,600
Previous Owner Downham Keith $274,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $482,000 -5.5% $321 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/30/2022 07/30/22 Price Changed $510,000 -4.7% $340 / Sq Ft
07/25/2022 07/25/22 Price Changed $535,000 -0.9% $357 / Sq Ft
07/05/2022 07/05/22 For Sale $540,000 +16.1% $360 / Sq Ft
06/08/2018 06/08/18 Sold $465,000 -1.9% $310 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $474,000 +31.3% $316 / Sq Ft
03/21/2014 03/21/14 Sold $361,000 +0.3% $241 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $359,900 -- $240 / 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 $11,139 $51,053 $6,772 $44,281
2023 $10,826 $52,637 $3,091 $49,546
2022 $10,826 $52,637 $3,091 $49,546
2021 $10,584 $52,635 $3,090 $49,545
2020 $8,689 $39,003 $3,090 $35,913
2019 $8,630 $42,953 $3,090 $39,863
2018 $7,806 $42,953 $3,090 $39,863
2017 $7,149 $36,583 $2,727 $33,856
2016 $6,827 $36,583 $2,727 $33,856
2015 $6,704 $36,583 $2,727 $33,856
2014 $4,795 $28,412 $2,317 $26,095
2013 $4,689 $28,412 $2,317 $26,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11454156

Midwest Real Estate Data (MRED)

APN: 17-05-321-037-1004