NOT LISTED FOR SALE

Optima Towers 1580 Sherman Ave Unit 1002 Evanston, IL 60201

Downtown Evanston Neighborhood

Estimated Value: $394,000 - $439,000

2 Beds
2 Baths
1,029 Sq Ft
0.61 Acre Lot

Sale Details

Date Sold: October 26, 2021

Last sale price $311,250 $302 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,377 / mo

40 Days on Market

Highlights

  • Attached Garage
  • 3-minute walk to Davis Station
  • 1-minute walk to Fountain Square
  • Dewey Elementary School Rated A
  • Resident Manager or Management On Site

About This Home

As of October 2021

Superb Downtown Evanston condo with gorgeous Lake & City views. This bright 2 bedroom/2 bath condo has fresh, young decor. Includes parking! Dramatic floor to ceiling windows and bamboo floors. The updated kitchen has wood cabinets, granite countertops, breakfast bar and opens to the fabulous balcony. The master suite has a private bath. In-unit washer/dryer and heated garage parking! Building amenities include a pool, hot tub and exercise room. Amazing location-step out your door to all downtown Evanston offers, including shops, both Metra and "el" train and restaurants. Walk to Lake Michigan, parks, Northwestern University and grocery stores.

Last Agent to Sell the Property

Mehdi Mova

Compass License #471010156 Listed on: 08/23/2021

Compass

Last Buyer's Agent

Anne Marie Murdoch

@properties Christie's International Real Estate License #475178226

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • 1997

Lot Details

  • 0.61

HOA Fees

  • $592 per month

Parking

  • Attached Garage
  • Parking Included in Price

Bedrooms and Bathrooms

  • Dual Sinks

Community Details

Overview

  • 105 Units
  • Jennifer Armistead Association, Phone Number (847) 905-0409
  • Property managed by The Building Group

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

1997

Lot Details

0.61 Acres

HOA Fees

$592 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 21-25 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: 10
  • Directions: Just south of Davis on Sherman, west side of street.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Foyer, Balcony/Porch/Lanai
  • Stories: 12

Exterior Features

  • Exterior Building Type: Glass,Stone
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Jennifer Armistead
  • Management Phone: 847-905-0409
  • Amenities: Elevator(s), Exercise Room, Indoor Pool, Spa/Hot Tub
  • Association Fee: 592
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 202
  • Middle Or Junior School: Nichols Middle School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 105

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 7422
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Oct 26, 2021
Sold by
Bought by
Seller's Agent
Mehdi Mova
Compass
Buyer's Agent
Anne Marie Murdoch
@properties Christie's International Real Estate
List Price
$322,500
Sold Price
$311,250
Premium/Discount to List
-$11,250
-3.49%
Current Estimated Value
$414,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,855
Avg. Annual Appreciation
6.18%

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 18, 2020
Sold by
Bought by
Seller's Agent
Jackie Mack
Jameson Sotheby's International Realty
Buyer's Agent
Mehdi Mova
Compass
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Nov 6, 2014
Closed on
Aug 21, 2015
Sold by
Bought by
Seller's Agent
Dayle Lively
Baird & Warner
Buyer's Agent
Jackie Mack
Jameson Sotheby's International Realty
List Price
$337,700
Sold Price
$275,000
Premium/Discount to List
-$62,700
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$220,000
Interest Rate
0.0404%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 28, 2014
Sold by
Bought by
Seller's Agent
Naja Maltezos
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Dayle Lively
Baird & Warner
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.56%

Purchase Details

Closed on
May 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
0.0621%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$311,500 First American Title
$275,000 Chicago Title
$275,000 Multiple
$329,000 Heritage Title Company
$361,000 Multiple
$291,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $220,000
Previous Owner $268,000
Previous Owner $280,000
Previous Owner $288,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $311,250 -3.5% $302 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $322,500 +17.3% $313 / Sq Ft
05/20/2020 05/20/20 Sold $275,000 -8.3% $267 / Sq Ft View Prior Sale
05/08/2020 05/08/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $300,000 +9.1% $292 / Sq Ft
08/21/2015 08/21/15 Sold $275,000 -8.0% $272 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
07/15/2015 07/15/15 Price Changed $299,000 -4.2% $296 / Sq Ft
05/18/2015 05/18/15 Price Changed $312,000 -4.8% $309 / Sq Ft
04/11/2015 04/11/15 Price Changed $327,700 -1.5% $324 / Sq Ft
03/08/2015 03/08/15 Price Changed $332,700 -1.5% $329 / Sq Ft
11/06/2014 11/06/14 For Sale $337,700 +2.6% $334 / Sq Ft
05/28/2014 05/28/14 Sold $329,000 0.0% $326 / Sq Ft View Prior Sale
03/27/2014 03/27/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $329,000 -- $326 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,348 $41,113 $703 $40,410
2024 $6,348 $29,541 $596 $28,945
2023 $6,599 $29,541 $596 $28,945
2022 $6,599 $31,833 $596 $31,237
2021 $7,687 $28,966 $393 $28,573
2020 $7,584 $28,966 $393 $28,573
2019 $7,422 $31,678 $393 $31,285
2018 $7,746 $28,271 $333 $27,938
2017 $7,543 $28,271 $333 $27,938
2016 $7,155 $28,271 $333 $27,938
2015 $6,472 $24,136 $268 $23,868
2014 $6,553 $24,136 $268 $23,868
2013 $5,710 $24,136 $268 $23,868
Source: Public Records

Agents Affiliated with this Home

  • Mehdi Mova

    Seller's Agent in 2021

    Mehdi Mova

    Compass

    (847) 732-9632

    1 in this area

    91 Total Sales

    Mehdi Mova
    Section Image
  • Anne Marie Murdoch

    Buyer's Agent in 2021

    Anne Marie Murdoch

    @ Properties

    (312) 953-0457

    1 in this area

    28 Total Sales

    Anne Marie Murdoch
    Section Image
  • Jackie Mack

    Seller's Agent in 2020

    Jackie Mack

    Jameson Sotheby's International Realty

    (847) 274-6676

    17 in this area

    296 Total Sales

    Jackie Mack
    Section Image
  • Dayle Lively

    Seller's Agent in 2015

    Dayle Lively

    Baird Warner

    (847) 507-8832

    1 in this area

    8 Total Sales

    Dayle Lively
    Section Image

  • N

    Seller's Agent in 2014

    Naja Maltezos

    Berkshire Hathaway HomeServices Chicago

    Section Image
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About Optima Towers

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11197563

Midwest Real Estate Data (MRED)

APN: 11-18-311-043-1066

Illinois Cook County Evanston 60201 Downtown Evanston

1580 Sherman Ave Unit 1002, Evanston, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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