NOT LISTED FOR SALE

1601 W Altgeld St Unit 2B Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $536,000 - $585,155

3 Beds
2 Baths
1,550 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 14, 2025

Last sale price $530,000 $342 Per Sq Ft

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Laundry Room
  • Prescott Elementary School Rated A-
  • Whirlpool Bathtub
  • 2-minute walk to Schaefer Park

About This Home

As of May 2025

Welcome to this this beautiful boutique building in Lincoln Park. This 3BR/2BA residence is an open concept with a large kitchen with granite countertops, stainless steel appliances, 42" Maple cabinets, and hardwood floors throughout the entire home. A large dining area and living room showcase a gas fireplace next to huge, sunlit windows. The loft feeling with 10' tall ceilings continues to the primary bedroom with a large ensuite bath featuring a double bowl vanity, whirlpool tub and separate shower. The other two bedrooms, in addition to the primary bedroom, have full height walls, windows and organized closets. A full sized stackable front loading washer/dryer is conveniently located in the hallway between the bedrooms and second bath. Included in the rent is a secure parking space in the attached heated garage. The top floor roof deck, shared with the other ten units in the building, offers breathtaking downtown skyline views. Nearby is the Prescott Elementary school, Wrightwood Park with playground, swimming pool, jogging track and athletic fields. Access to the Metra and expressway is less than a two minute drive, and the Fullerton EL stop, as well as Clybourn Corridor shopping and restaurants are located close by. Cats and dogs welcome!!! Non refundable administration free. No security deposit. Refer to private broker remarks for more information.

Last Agent to Rent the Property

Phyllis Jacobson

Baird & Warner License #475125701 Listed on: 03/31/2025

Baird & Warner

Co-Listed By

Leila Keene

Baird & Warner License #471001773

Last Renter's Agent

Tabren Smith

EXIT Strategy Realty License #475194178

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,162

Year Built

  • 2000

Lot Details

  • 9,017

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Attached Fireplace Door
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Library with Fireplace
  • Storage
  • Laundry Room
  • Wood Flooring
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Utilities

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

Listing and Financial Details

  • Property Available on 4/1/25
  • Rent includes water, parking, scavenger, exterior maintenance, snow removal

Community Details

Overview

  • 11 Units
  • Property managed by Manager Off Site

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,162

Year Built

2000

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-04-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 4300
  • Security Deposit: NO
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 2
  • Property Attached: Yes
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 2000

Interior Features

  • Basement: None
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Flooring: Hardwood
  • Furnished: No
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1550
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Den/Library,Dining Room,Kitchen
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Materials: Brick
  • List Price: 4300
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Snow Removal
  • Management: Self-Management
  • Management Company: Manager Off Site
  • Management Contact Name: Self Managed
  • Management Phone: 555-555-5555

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Mar 14, 2025
Sold by
Pellegrino Lisa A
Bought by
Kramer Amit and Kramer Karen
Seller's Agent
Phyllis Jacobson
Baird & Warner
Buyer's Agent
Tabren Smith
EXIT Strategy Realty
Sold Price
$4,300
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$397,500
Outstanding Balance
$396,139
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$154,650

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 5, 2017
Sold by
Gill Elizabeth A and Gill Juile M
Bought by
Pellegrino Lisa A
Seller's Agent
Jeanne DeSanto
@properties Christie's International Real Estate
Buyer's Agent
Mark Zipperer
RE/MAX PREMIER
List Price
$440,000
Sold Price
$427,000
Premium/Discount to List
-$13,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$260,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Frey Paul R
Bought by
Gill Julie M and Gill Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 17, 2001
Sold by
2454 North Ashland Llc
Bought by
Frey Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kramer Amit $530,000 None Listed On Document
Pellegrino Lisa A $427,000 Proper Title Llc
Gill Julie M $410,000 None Available
Frey Paul R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Amit $397,500
Previous Owner Pellegrino Lisa A $260,000
Previous Owner Gill Julie M $308,444
Previous Owner Gill Julie M $61,500
Previous Owner Gill Julie M $328,000
Previous Owner Frey Paul R $264,000
Previous Owner Frey Paul R $269,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Rent $4,300 0.0% --
03/14/2025 03/14/25 Sold $530,000 -0.9% $342 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
09/10/2024 09/10/24 For Sale $535,000 +25.3% $345 / Sq Ft
02/01/2017 02/01/17 Sold $427,000 -3.0% $275 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $440,000 -- $284 / 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 $8,162 $47,291 $12,183 $35,108
2023 $7,935 $42,000 $9,825 $32,175
2022 $7,935 $42,000 $9,825 $32,175
2021 $7,776 $41,999 $9,824 $32,175
2020 $8,078 $39,363 $4,401 $34,962
2019 $7,930 $42,898 $4,401 $38,497
2018 $7,795 $42,898 $4,401 $38,497
2017 $6,016 $31,320 $3,929 $27,391
2016 $5,773 $31,320 $3,929 $27,391
2015 $5,739 $31,320 $3,929 $27,391
2014 $5,711 $30,783 $3,202 $27,581
2013 $5,599 $30,783 $3,202 $27,581
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12297106

Midwest Real Estate Data (MRED)

APN: 14-30-410-047-1002