NOT LISTED FOR SALE

1624 W Ontario St Unit 2W Chicago, IL 60622

West Town Neighborhood

Estimated Value: $653,000 - $727,000

3 Beds
3 Baths
2,300 Sq Ft
$200/mo HOA Fee

Last Sold November 29, 2021

Last sale price $580,000 $252 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,600/month

32 Days on Market

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • 4-minute walk to Bickerdike (George) Square Park
  • Whirlpool Bathtub

About This Home

As of November 2021

Welcoming urban retreat full of elegant elements and epic city skyline and sunset views. In addition to its architecturally beautiful design, this 2300 sf penthouse triplex on a quiet one-block street features newly refinished hardwood floors throughout, gorgeous center staircase, gas fireplace, three outdoor private decks, home sound capabilities and attached garage. Your first floor primary bedroom opens to a large secluded front deck and offers an en suite bath with double vanity, hydrotherapy tub, and floor to ceiling glass shower. Head upstairs to your spacious living area with vaulted ceilings, perfect for quiet times or lively gatherings. Your gourmet stainless and granite kitchen has a center island with Miele cooktop. The third level loft showcases a catwalk that connects two versatile spaces (perfect for a home office or gym) and a full wet bar. Step out onto your large back deck high atop the neighborhood and you're greeted by stunning views of the Chicago skyline and western expanse. There's also a more intimate, south facing deck on this level. Stroll to everything trendy West Town has to offer: restaurants, breweries and bars (Beatnik, Yuzu, Forbidden Root); coffee, retail and grocery shops: Aya, Hoosier Mama, and West Town bakeries, and more. Close to Eckhart Park and Union Park music festivals. Easy access to public transportation: the Ashland bus and the Green and Pink lines are a quick walk. The nearby Kennedy and Eisenhower make getting in and out of the city a snap. This home is a hidden gem.

Last Agent to Sell the Property

Eileen Jeffers

@properties Christie's International Real Estate License #475117430 Listed on: 09/21/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Brady Miller

Cadence Realty License #471022208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,645

Year Built

  • 2000

Lot Details

  • 3,354

HOA Fees

  • $200 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Interior Spaces

  • Whirlpool Bathtub
  • 2,300 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Kunal Patel Association, Phone Number (312) 303-0204

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,645

Year Built

2000

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Directions: Ashland south of Chicago Ave, west on Ontario to 1624.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Gas Cooktop, Gas Oven, Range Hood
  • Has Basement: None
  • Fireplace Features: Wood Burning, Gas Starter
  • Estimated Total Finished Sq Ft: 2300
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2300
  • Fireplace Location: Living Room
  • Total Sq Ft: 2300
  • Upper Level Sq Ft: 1000
  • Main Level Sq Ft: 1300
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Dining Combo, Drapes/Blinds, Granite Counters, Some Insulated Wndws, Some Storm Doors
  • Dining Room Type: Loft, Deck
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony, Deck, Roof Deck, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Block
  • Lot Features: Mature Trees, Outdoor Lighting, Sidewalks, Streetlights
  • Other Structures: Garage(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: 200+ Amp Service
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Kunal Patel
  • Management Phone: 312-303-0204
  • Amenities: None
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: NA

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 10178
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 23, 2021
Sold by
Jakeman Daren and Karras Demetra
Bought by
Oconnor Brian and Richards Marjorie
Seller's Agent
Eileen Jeffers
@properties Christie's International Real Estate
Buyer's Agent
Brady Miller
Cadence Realty
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%
Current Estimated Value
$685,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,700
Avg. Annual Appreciation
4.37%
Original Mortgage
$464,000
Outstanding Balance
$425,939
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$259,761

Purchase Details

Closed on
Dec 16, 2004
Sold by
Dinges Martin T and Zudyk Peter A
Bought by
Jakeman Daren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
4.87%
Mortgage Type
Unknown
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
Oconnor Brian $580,000 Fidelity National Title
Jakeman Daren $527,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Brian $464,000
Previous Owner Jakeman Daren $369,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $580,000 -3.2% $252 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $599,000 -- $260 / 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 $9,645 $61,779 $6,946 $54,833
2023 $9,374 $45,576 $3,170 $42,406
2022 $9,374 $45,576 $3,170 $42,406
2021 $8,495 $45,575 $3,170 $42,405
2020 $10,179 $48,794 $3,170 $45,624
2019 $10,107 $53,735 $3,170 $50,565
2018 $9,936 $53,735 $3,170 $50,565
2017 $9,492 $47,470 $2,797 $44,673
2016 $9,008 $47,470 $2,797 $44,673
2015 $8,218 $47,470 $2,797 $44,673
2014 $6,546 $37,850 $2,377 $35,473
2013 $6,406 $37,850 $2,377 $35,473
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11225290

Midwest Real Estate Data (MRED)

APN: 17-07-215-078-1004