$450,000
SOLD JAN 6, 2025
2 Beds
2 Baths
-- Sq Ft
$603/mo HOA Fee

Recently Sold

Highlights

  • Fitness Center
  • 3-minute walk to Davis Station
  • Wood Flooring
  • Dewey Elementary School Rated A
  • Lock-and-Leave Community
  • 1-minute walk to Fountain Square

About This Home

As of January 2025

Discover the vibrant lifestyle of downtown Evanston with this sophisticated 2-bedroom, 2-bathroom condo at the coveted Optima Towers. Situated on the 11th floor, this residence offers comfort and ease with hardwood floors and floor-to-ceiling windows that flood the space with natural light. Enjoy breathtaking sunrises from the large east-facing balcony, offering glimpses of Lake Michigan.The condo features an updated kitchen and a well-designed floor plan, ensuring it meets all your needs. The primary bedroom boasts a spacious layout, a walk-in closet, and an en-suite bathroom, while the second bedroom provides ample storage and a hall bath with a tub/shower combo. Experience the convenience of a walk-in laundry room with additional storage space, complemented by an oversized hallway storage closet.Located at 1580 Sherman, the building provides a comprehensive suite of amenities, including an indoor pool, jacuzzi tub, and gym, all conveniently situated on the first level. Heated garage parking is included with the purchase, and your monthly assessments cover heat, water, gas, cable, and WiFi, with only electricity as an additional expense. Immerse yourself in the dynamic urban oasis of downtown Evanston, with Whole Foods, diverse dining options, lakeside tranquility, proximity to Northwestern University, commuter-friendly train access, and countless attractions at your doorstep. Enjoy the perfect blend of location and easy living in this exceptional condo.

Last Agent to Sell the Property

Jacqueline Lotzof

Compass License #475148185

Compass

Last Buyer's Agent

Amy Hickory

Jameson Sotheby's International Realty License #475146129

Jameson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,375

Year Built

  • Built in 2002 | Remodeled in 2017

HOA Fees

  • $603 Monthly HOA Fees

Parking

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

Interior Spaces

  • Heatilator
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Schools

  • Dewey Elementary School
  • Nichols Middle School
  • Evanston Twp High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 103 Units
  • David Weiner Association, Phone Number (773) 529-6650
  • Optima Towers Subdivision
  • Property managed by Private Holding Company
  • Lock-and-Leave Community
  • 13-Story Property

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Resident Manager or Management On Site
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,375

Year Built

Built in 2002 | Remodeled in 2017

Lot Details

0

HOA Fees

$603 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
  • Subdivision Name: Optima Towers
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 11
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Heatilator
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 13
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 449000
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 603
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Indoor Pool, Security Door Lock(s), Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Private Holding Company
  • Management Contact Name: David Weiner
  • Management Phone: 773-529-6650X680
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Dewey Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Nichols Middle School
  • Middle/Junior School District: 65

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7375
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Dec 24, 2024
Sold by
Opper Linda
Bought by
James Edward Rekoske Trust and Linda Broadbelt Rekoske Trust
Seller's Agent
Jacqueline Lotzof
Compass
Buyer's Agent
Amy Hickory
Jameson Sotheby's International Realty
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$450,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84
Avg. Annual Appreciation
-0.24%

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 29, 2014
Sold by
Yui Micah and Kardan Seljuk
Bought by
Opper Linda
Seller's Agent
Lynn Chamberlin
Jameson Sotheby's International Realty
Buyer's Agent
Carol Prieto
Jameson Sotheby's International Realty
List Price
$373,500
Sold Price
$373,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$298,800
Interest Rate
4.33%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2005
Sold by
Duvall Matthew L and Duvall Margret E
Bought by
Seljuk Micah and Yui Micah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Optima Center Evanston Ltd Partnership
Bought by
Duvall Matthew L and Duvall Margret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
5.62%

Map

Range of Values:

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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 None Listed On Document
Warranty Deed $373,500 Cti
Warranty Deed $367,500 Cti
Special Warranty Deed $355,500 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $298,800 Adjustable Rate Mortgage/ARM
Previous Owner $294,000 Purchase Money Mortgage
Previous Owner $73,500 Credit Line Revolving
Previous Owner $129,000 Stand Alone Second
Previous Owner $205,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $450,000 +0.2% --
12/11/2024 12/11/24 For Sale $449,000 +20.2% --
06/02/2014 06/02/14 Sold $373,500 0.0% --
04/15/2014 04/15/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $373,500 -- --
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 $7,689 $36,433 $735 $35,698
2023 $7,689 $36,433 $735 $35,698
2022 $7,689 $39,260 $735 $38,525
2021 $7,890 $35,724 $484 $35,240
2020 $7,892 $35,724 $484 $35,240
2019 $7,708 $39,069 $484 $38,585
2018 $7,506 $34,869 $411 $34,458
2017 $7,182 $34,869 $411 $34,458
2016 $7,741 $34,869 $411 $34,458
2015 $6,776 $29,768 $330 $29,438
2014 $7,385 $29,768 $330 $29,438
2013 $7,205 $29,768 $330 $29,438
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12221350

Midwest Real Estate Data (MRED)

APN: 11-18-311-043-1078