NOT LISTED FOR SALE

1607 W Ainslie St Unit 3 Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $203,000 - $266,000

1 Bed
1 Bath
-- Sq Ft
$283/mo HOA Fee

Last Sold August 26, 2024

Last sale price $199,900

Est. 13% increase in value since last sale

Current estimated payment $1,658/month

4 Days on Market

Highlights

  • Deck
  • Intercom
  • Resident Manager or Management On Site
  • Wood Flooring
  • Walk-In Closet
  • Combination Dining and Living Room

About This Home

As of August 2024

Beautiful, bright, 1 bed/1 bath condo tucked in the quaint and quiet streets of Ravenswood. This top floor unit has an open floor plan and hardwood floors throughout with stained/original woodwork. It features in unit washer/dryer, large one bedroom with ample closet space, and a spacious kitchen (room for a bistro table) ready for your updating ideas! HUGE walk in closet separate from the bedroom closet which could also double as a home office. Sunny deck, perfect for summer BBQ's. Additional basement storage and bike area too! Professionally managed building with low assessments that include heat. No rental restrictions, investors welcome! Great location walkable to Andersonville with easy Metra and brown/red line CTA access, Chase Park, Mariano's, restaurants, shopping, and more nearby!

Last Agent to Sell the Property

Marci Trick

Redfin Corporation License #475165056 Listed on: 07/19/2024

Redfin Corporation

Last Buyer's Agent

Andre Grauzer

@properties Christie's International Real Estate License #475178575

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1924

Lot Details

  • 0.29

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Ravenswood Elementary School
  • Lake View High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 60 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, insurance, exterior maintenance, scavenger
  • 33 Units
  • Veronica Robles Association, Phone Number (773) 313-0025
  • Low-Rise Condominium
  • Property managed by ROSEN MANAGEMENT

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,176

Year Built

Built in 1924

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Vintage
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Other Equipment: TV-Cable, Intercom, CO Detectors
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 199900
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: None
  • Electric: Circuit Breakers, Service - 60 Amp
  • Heating: Natural Gas, Radiant
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 283
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ROSEN MANAGEMENT
  • Management Contact Name: VERONICA ROBLES
  • Management Phone: 773-313-0025
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Ravenswood Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299
  • Junior High/Middle School #2: SENN HIGH SCHOOL

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2175.86
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Aug 21, 2024
Sold by
Tubbs Lori A
Bought by
Knight Megan
Seller's Agent
Marci Trick
Redfin Corporation
Buyer's Agent
Andre Grauzer
@properties Christie's International Real Estate
List Price
$199,900
Sold Price
$199,900
Views
6
Current Estimated Value
$226,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,384
Avg. Annual Appreciation
11.60%
Original Mortgage
$159,900
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Soul Enterprises Llc
Bought by
Tubbs Lori A

Purchase Details

Closed on
Feb 18, 2006
Sold by
Tubbs Lori A
Bought by
Soul Enterprises Llc

Purchase Details

Closed on
Nov 20, 2003
Sold by
Tubbs Lori A and Bolan Cristen C
Bought by
Tubbs Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2002
Sold by
Oconnor Rory L
Bought by
Bolan Cristen C and Tubbs Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2000
Sold by
Archambeau Marc F
Bought by
Oconnor Rory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.24%

Purchase Details

Closed on
Dec 17, 1997
Sold by
Uptown National Bank Of Chicago
Bought by
Archambeau Marc F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,900
Interest Rate
7.08%
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Knight Megan $200,000 Citywide Title
Tubbs Lori A -- None Available
Soul Enterprises Llc -- None Available
Tubbs Lori A -- Chicago Title Insurance Comp
Bolan Cristen C $133,000 --
Oconnor Rory L $115,000 --
Archambeau Marc F $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knight Megan $159,900
Previous Owner Tubbs Lori A $125,600
Previous Owner Bolan Cristen C $129,000
Previous Owner Oconnor Rory L $103,500
Previous Owner Archambeau Marc F $56,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2024 08/26/24 Sold $199,900 0.0% --
07/24/2024 07/24/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $199,900 -- --
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 $2,254 $15,159 $3,474 $11,685
2023 $2,176 $14,000 $2,793 $11,207
2022 $2,176 $14,000 $2,793 $11,207
2021 $2,145 $13,999 $2,792 $11,207
2020 $1,895 $11,607 $1,675 $9,932
2019 $1,883 $12,804 $1,675 $11,129
2018 $1,851 $12,804 $1,675 $11,129
2017 $1,833 $11,889 $1,466 $10,423
2016 $1,881 $11,889 $1,466 $10,423
2015 $1,698 $11,889 $1,466 $10,423
2014 $1,866 $12,626 $1,125 $11,501
2013 $1,818 $12,626 $1,125 $11,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12115879

Midwest Real Estate Data (MRED)

APN: 14-07-423-060-1030