$699,000
SOLD OCT 22, 2024
3 Beds
2.5 Baths
1,800 Sq Ft
$1,879/mo HOA Fee

Recently Sold

$388 Per Sq Ft

2 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Enclosed Balcony
  • Central Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Langdon Park

About This Home

As of October 2024

This stunning three-bedroom condo offers fabulous lake views and an oversized balcony overlooking the beach, making it a truly special place to call home. All on one level with no stairs, this spacious unit features a breathtaking double-sized enclosed balcony, creating a versatile 3-4 season space with new windows. The "E" tier units are highly desirable for their lake views, privacy and space, and the second- floor level for its lake views and also trees and beach, giving it a sense of grounding, like a house, especially at night in the dark. Be welcomed by a palatial living room complete with a lovely decorative fireplace, extensive white built-in bookcases, crown molding, and hardwood floors. The open floor plan seamlessly connects the living and dining areas, perfect for entertaining during the holidays. The bright kitchen offers generous granite counter space, excellent storage, double ovens, and a lake view, ideal for culinary enthusiasts. Located in the hot building at 1616 Sheridan, this condo benefits from millions in recent improvements, including a stunning lobby, stylish hallways, and brand-new windows and sliding glass doors. The building also features newer elevators and mechanical updates, strong reserves, and excellent management. Residents enjoy a full array of amenities, including 24-hour valet garage parking, a large outdoor swimming pool with a waterfall, a terraced dining area, and a large private sandy beach with a pier. The party room off the pool is perfect for entertaining, and there's a rentable guest suite available for $85 per night. Enjoy professional landscaping by Chalet, and take in the soothing sounds of the waves while watching gorgeous sunrises every morning. Conveniently located across from Plaza del Lago, you'll have easy access to Starbucks, fantastic restaurants, fresh seafood, Jewel, CVS, dry cleaners, and shopping. Langdon Park is just down the block, offering even more outdoor enjoyment. A carefree beach lifestyle awaits you! Indoor heated garage parking is available for $135/month per car, with reserved exterior spaces at $60/month. Don't miss this incredible opportunity for easy Lakefront Living at fabulous 1616!

Last Agent to Sell the Property

Chris Veech

@properties Christie's International Real Estate License #475144331 Listed on: 10/05/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Paul Gorney

eXp Realty License #475153053

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,075

Year Built

  • Built in 1967

HOA Fees

  • $1,879 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Leased Parking

Schools

  • Central Elementary School
  • Wilmette Junior High School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Enclosed Balcony

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, security, tv/cable, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights, internet
  • 83 Units
  • Lynn Dee Association, Phone Number (847) 256-2550
  • Property managed by Chicago Management
  • 10-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,075

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,879 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Elevator, Hardwood Floors, First Floor Bedroom, First Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1800
  • Room Type: Enclosed Balcony, Foyer
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: Square footage does not include enclosed balcony
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 699000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 65

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 1879
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Chicago Management
  • Management Contact Name: Lynn Dee
  • Management Phone: 847-256-2550
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Security, TV/Cable, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights, Internet

Schools

  • Elementary School: Central Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Wilmette Junior High School
  • Middle/Junior School District: 39

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 135
  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 7075
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Mlk2 2019 Living Trust and Morrone Kathleen
Bought by
Hollerich Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Outstanding Balance
$587,482
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$179,319

Purchase Details

Listed on
Oct 5, 2024
Closed on
Oct 21, 2024
Sold by
Munuz Erol
Bought by
Mlk2 2019 Living Trust and Morrone
Seller's Agent
Chris Veech
@properties Christie's International Real Estate
Buyer's Agent
Paul Gorney
eXp Realty
List Price
$699,000
Sold Price
$699,000
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
13.33%

Purchase Details

Listed on
Jun 8, 2014
Closed on
Jul 24, 2014
Sold by
Clark John S and Mccauley Mary
Bought by
Simsic Biljana and Munuz Florence
Seller's Agent
Mary McCauley
Surf Real Estate Brokerage Inc
Buyer's Agent
Diane Baer
Compass Real Estate
List Price
$287,000
Sold Price
$260,000
Premium/Discount to List
-$27,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$208,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2013
Sold by
Clark John S
Bought by
Clark John S and Mccauley Mary

Purchase Details

Closed on
Aug 6, 1998
Sold by
Steinhoff David F
Bought by
Clark John S and Clark Adelaide D

Purchase Details

Closed on
Jan 5, 1996
Sold by
Weiss Laurie K
Bought by
Steinhoff Anna S

Purchase Details

Closed on
Jun 26, 1995
Sold by
Kasnow Manuel
Bought by
Kasnow Manuel and Weiss Laurie K
Source: Public Records

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Range of Values:

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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 $840,000 Proper Title
Warranty Deed $699,000 Proper Title
Warranty Deed $699,000 Proper Title
Warranty Deed $260,000 None Available
Interfamily Deed Transfer -- None Available
Executors Deed $375,000 --
Warranty Deed $250,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $588,000 New Conventional
Previous Owner $202,000 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $306,000 Credit Line Revolving
Previous Owner $149,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $799,900 +14.4% $444 / Sq Ft
10/22/2024 10/22/24 Sold $699,000 0.0% $388 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/05/2024 10/05/24 For Sale $699,000 +168.8% $388 / Sq Ft
07/22/2014 07/22/14 Sold $260,000 -9.4% $144 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
06/08/2014 06/08/14 For Sale $287,000 -- $159 / 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 $7,475 $32,941 $5,073 $27,868
2023 $7,075 $32,941 $5,073 $27,868
2022 $7,075 $32,941 $5,073 $27,868
2021 $6,681 $25,716 $6,643 $19,073
2020 $5,145 $25,716 $6,643 $19,073
2019 $4,965 $27,936 $6,643 $21,293
2018 $3,092 $19,180 $5,314 $13,866
2017 $4,437 $19,180 $5,314 $13,866
2016 $4,169 $19,180 $5,314 $13,866
2015 $3,880 $15,631 $4,831 $10,800
2014 $3,819 $15,631 $4,831 $10,800
2013 $4,342 $18,609 $4,831 $13,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12171482

Midwest Real Estate Data (MRED)

APN: 05-27-200-060-1014