Optima Towers 1580 Sherman Ave Unit 1005 Evanston, IL 60201
Downtown Evanston Neighborhood
2
Beds
2
Baths
1,300
Sq Ft
$557/mo
HOA Fee
Highlights
- Balcony
- 3-minute walk to Davis Station
- Breakfast Bar
- Dewey Elementary School Rated A
- Attached Garage
- 1-minute walk to Fountain Square
About This Home
As of May 2018Desirable 2 bed, 2 bath unit with a lake view in Optima Towers. Tasteful, neutral decor, amenity-filled building, 22x8 balcony for relaxing, entertaining or dining. Large master suite with walk-in closet, en suite bath. Large kitchen with eating area. In unit side by side washer/dryer and secure garage parking. All in the heart of downtown Evanston. Monthly assessments include gas/heat, water, and cable tv.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,942
Year Built
- 2002
HOA Fees
- $557 per month
Parking
- Attached Garage
- Heated Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Separate Shower
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Storage
- Southern Exposure
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
- $5,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2020
Sold by
Wang Joseph and Wang Katie
Bought by
Wang Joseph and Wang Katie
Total Days on Market
269
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,600
Outstanding Balance
$178,944
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,776
Purchase Details
Listed on
Jul 12, 2017
Closed on
May 1, 2018
Sold by
Badagnani Ilaria
Bought by
Wang Joseph and Huddleston Katie
Seller's Agent
Brandon Foley
Sue Dodge & Associates
Buyer's Agent
Christopher Lau
Top Realty, Inc
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$248,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 19, 2010
Sold by
Fosco Domenic and Fosco Nicole R
Bought by
Badagnani Ilaria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 2004
Sold by
Baldan Carlo and Baldan Sharon J
Bought by
Fosco Domenic and Fosco Nicole R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 2002
Sold by
Optima Center Evanston Ltd Partnership
Bought by
Baldan Carlo and Baldan Sharon J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,600
Interest Rate
6.63%
Map
About Optima Towers
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $310,000 | Attorneys Title Guaranty Fun | |
| Warranty Deed | $317,000 | Cti | |
| Warranty Deed | $329,000 | Atgf Inc | |
| Special Warranty Deed | $281,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $242,600 | New Conventional | |
| Closed | $248,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $253,600 | New Conventional | |
| Previous Owner | $179,000 | Purchase Money Mortgage | |
| Previous Owner | $196,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $399,900 | +29.0% | $326 / Sq Ft |
| 05/15/2018 05/15/18 | Sold | $310,000 | 0.0% | $238 / Sq Ft |
| 04/07/2018 04/07/18 | Pending | -- | -- | -- |
| 03/16/2018 03/16/18 | Off Market | $310,000 | -- | -- |
| 03/05/2018 03/05/18 | For Sale | $315,000 | +1.6% | $242 / Sq Ft |
| 02/27/2018 02/27/18 | Off Market | $310,000 | -- | -- |
| 11/30/2017 11/30/17 | Price Changed | $315,000 | -3.1% | $242 / Sq Ft |
| 10/06/2017 10/06/17 | Price Changed | $325,000 | -3.8% | $250 / Sq Ft |
| 09/12/2017 09/12/17 | Price Changed | $338,000 | -0.3% | $260 / Sq Ft |
| 09/06/2017 09/06/17 | For Sale | $339,000 | +9.4% | $261 / Sq Ft |
| 08/29/2017 08/29/17 | Off Market | $310,000 | -- | -- |
| 08/14/2017 08/14/17 | Price Changed | $339,000 | -0.3% | $261 / Sq Ft |
| 07/12/2017 07/12/17 | For Sale | $340,000 | -- | $262 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $5,942 | $26,915 | $543 | $26,372 |
| 2023 | $5,942 | $26,915 | $543 | $26,372 |
| 2022 | $5,942 | $29,003 | $543 | $28,460 |
| 2021 | $6,120 | $26,391 | $358 | $26,033 |
| 2020 | $6,098 | $26,391 | $358 | $26,033 |
| 2019 | $5,959 | $28,862 | $358 | $28,504 |
| 2018 | $6,116 | $25,759 | $304 | $25,455 |
| 2017 | $5,972 | $25,759 | $304 | $25,455 |
| 2016 | $5,887 | $25,759 | $304 | $25,455 |
| 2015 | $5,193 | $21,991 | $244 | $21,747 |
| 2014 | $5,274 | $21,991 | $244 | $21,747 |
| 2013 | $5,140 | $21,991 | $244 | $21,747 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09687404
APN: 11-18-311-043-1069
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