NOT LISTED FOR SALE

1616 Sheridan Rd, Unit 3B Wilmette, IL 60091

Estimated Value: $478,000 - $574,869

3 Beds
2 Baths
1,800 Sq Ft
$1,659/mo HOA Fee

Last Sold February 27, 2025

Last sale price $481,000 $267 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,031/month

99 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Landscaped Professionally
  • Central Elementary School Rated A
  • In Ground Pool
  • 4-minute walk to Langdon Park

About This Home

As of February 2025

3 Bedrooms, 2 Baths with Laundry in condo! 1800 sq ft. with newer: windows, hard wood floors and kitchen. Kitchen hosts stainless steel appliances and quartz counter tops. Lots of natural light with many windows and a beautiful lake view from the large balcony. The luxury building has a lovely outdoor pool area, pool side terrace, party room, private beach and 24 hour valet parking. Ideal location, steps to Plaza Del Lago with shopping, dining & transportation.

Last Agent to Sell the Property

Ted Pickus

@properties Christie's International Real Estate License #475129667 Listed on: 10/28/2024

@properties Christie's International Real Estate

Co-Listed By

Lisa Schulkin

@properties Christie's International Real Estate License #475157943

Last Buyer's Agent

Renata Nistor

Coldwell Banker Realty License #475207207

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,598

Year Built

  • Built in 1964 | Remodeled in 2019

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $1,659 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Balcony
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, pool, lawn care, scavenger, lake rights
  • 83 Units
  • 1616 Condominium Association, Phone Number (847) 256-2550
  • High-Rise Condominium
  • Property managed by 1616 Condominium Association
  • Lock-and-Leave Community
  • 10-Story Property

Amenities

  • Common Area
  • Party Room
  • Coin Laundry
  • Service Elevator
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,598

Year Built

Built in 1964 | Remodeled in 2019

Lot Details

0

HOA Fees

$1,659 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1800
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Patio, In Ground Pool, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 499000
  • Lot Features: Beach, Common Grounds, Lake Front, Landscaped, Water View
  • Patio And Porch Features: Patio
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 135
  • Lowest Parking Fee: 60

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 1659
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Pool, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 1616 Condominium Association
  • Management Contact Name: 1616 Condominium Association
  • Management Phone: 847-256-2550
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Pool, Lawn Care, Scavenger, Lake Rights

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

  • 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: 6598
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Feb 20, 2025
Sold by
Gomez Naomi Grossman
Bought by
Declaration Of Trust and Jessen
Seller's Agent
Ted Pickus
@properties Christie's International Real Estate
Buyer's Agent
Renata Nistor
Coldwell Banker Realty
List Price
$599,000
Sold Price
$481,000
Premium/Discount to List
-$118,000
-19.7%
Views
207
Current Estimated Value
$506,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,717
Avg. Annual Appreciation
18.30%

Purchase Details

Closed on
Oct 31, 2022
Sold by
Tina Grossman Revocable Trust
Bought by
Gomez Naomi Grossman

Purchase Details

Listed on
May 10, 2021
Closed on
May 26, 2021
Sold by
Dababneh Fouad N and Dababneh Luma Hani
Bought by
Grossman Tina and Tina Grossman Revocable Trust
Seller's Agent
David Korkoian
Redfin Corporation
Buyer's Agent
Ted Pickus
@properties Christie's International Real Estate
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Apr 27, 2017
Sold by
Mandel David G and Marjorie K Mandel Trust
Bought by
Dababneh Fouad N and Dababneh Luma Huni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Mandel Marjorie K and Robert E Mandel Trust
Bought by
Mandel Marjorie K and Marjorie K Mandel Trust
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 Buyer Sale Price Title Company
Declaration Of Trust $481,000 Proper Title
Gomez Naomi Grossman -- None Listed On Document
Grossman Tina $355,000 First American Title
Dababneh Fouad N $250,000 Chicago Title
Mandel Marjorie K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dababneh Fouad N $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $481,000 -3.6% $267 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/16/2025 01/16/25 Price Changed $499,000 -8.4% $277 / Sq Ft
11/12/2024 11/12/24 Price Changed $545,000 -9.0% $303 / Sq Ft
10/29/2024 10/29/24 For Sale $599,000 0.0% $333 / Sq Ft
10/24/2024 10/24/24 Price Changed $599,000 +68.7% $333 / Sq Ft
06/02/2021 06/02/21 Sold $355,000 +1.7% $197 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $349,000 -- $194 / 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 $6,599 $29,083 $4,479 $24,604
2023 $6,246 $29,083 $4,479 $24,604
2022 $6,246 $29,083 $4,479 $24,604
2021 $5,033 $22,703 $5,864 $16,839
2020 $5,009 $22,703 $5,864 $16,839
2019 $4,844 $24,662 $5,864 $18,798
2018 $3,211 $16,933 $4,691 $12,242
2017 $3,917 $16,933 $4,691 $12,242
2016 $3,681 $16,933 $4,691 $12,242
2015 $3,426 $13,800 $4,265 $9,535
2014 $3,371 $13,800 $4,265 $9,535
2013 $3,833 $16,429 $4,265 $12,164
Source: Public Records

Agents Affiliated with this Home

  • Ted Pickus

    Seller's Agent in 2025

    Ted Pickus

    @ Properties

    (847) 417-0520

    5 in this area

    289 Total Sales

    Ted Pickus
    Section Image
  • Lisa Schulkin

    Seller Co-Listing Agent in 2025

    Lisa Schulkin

    @ Properties

    (847) 602-1112

    2 in this area

    136 Total Sales

    Lisa Schulkin
    Section Image
  • Renata Nistor

    Buyer's Agent in 2025

    Renata Nistor

    Coldwell Banker Realty

    (630) 464-7852

    1 in this area

    2 Total Sales

    Renata Nistor
    Section Image
  • David Korkoian

    Seller's Agent in 2021

    David Korkoian

    Redfin Corporation

    (847) 772-7061

    Section Image
See All Agents

About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12195352

Midwest Real Estate Data (MRED)

APN: 05-27-200-060-1019

Illinois Cook County Wilmette 60091

1616 Sheridan Rd Unit 3B, Wilmette, IL

This home is located at 1616 Sheridan Rd Unit 3B, Wilmette, IL 60091 since 28 October 2024 and is currently estimated at $506,717, approximately $281 per square foot. This property was built in 1964. 1616 Sheridan Rd Unit 3B is a home located in Cook County with nearby schools including Central Elementary School, Highcrest Middle School, and Wilmette Junior High School.

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