NOT LISTED FOR SALE

1627 W Pierce Ave Unit 2 Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $872,000 - $981,814

3 Beds
2.5 Baths
2,300 Sq Ft
$150/mo HOA Fee

Last Sold May 02, 2023

Last sale price $925,000 $402 Per Sq Ft

Current estimated payment $6,271/month

8 Days on Market

Highlights

  • Penthouse
  • Wood Flooring
  • Formal Dining Room
  • Rooftop Deck
  • Wine Refrigerator
  • Stainless Steel Appliances

About This Home

As of May 2023

Welcome to this stunning 3 bed duplex up, penthouse condo in an all brick building in Wicker Park! Boasting 5 private outdoor spaces and stylish transitional finishes throughout, this spacious & elegant home is perfect for those seeking modern luxury living with easy access to the best of the city. Step inside to the bright & open living space, featuring hardwood flooring throughout, wainscoting and plenty of natural light. The chef's kitchen boasts a suite of high-end stainless steel appliances, custom cabinetry, and sleek quartz countertops, making it the ideal spot for creating delicious meals or entertaining friends & family. Upstairs, you'll find three generously sized bedrooms, each with ample closet space and custom organizers. The primary bedroom features 3 closets, a private deck and an ensuite bathroom, complete with dual vanities, stylish tiling, and a large walk-in shower. Penthouse bar area leads to two private roof decks and a pergola. Other highlights include a cozy fireplace & custom built-ins in the living room, wired for sound throughout, dual zoned HVAC and in-unit laundry on the 2nd floor for added convenience. 1 large garage parking space with extra room for storage included. Located in the hip Wicker Park neighborhood, this convenient location is steps from some of Chicago's best dining, shopping, and entertainment options. Plus, the location offers easy commuting options with nearby access to the expressway, Metra and CTA Blue Line.

Last Agent to Sell the Property

Tim McLoughlin

@properties Christie's International Real Estate License #475172332 Listed on: 03/16/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Brad Lippitz

Compass License #471014431

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,692

Year Built

  • Built in 2016

Lot Details

  • 2,396

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar Fridge
  • Bar
  • Dry Bar
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Burr Elementary School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, scavenger
  • 2 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,692

Year Built

Built in 2016

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,Penthouse
  • Year Built: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Separate Dining Room
  • LivingArea: 2300
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck
  • List Price: 935000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: Self
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Scavenger

Schools

  • Elementary School: Burr Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 14691.68
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 5, 2023
Sold by
Fischer Hillary and Fischer Ryan
Bought by
Frank Katherine L and Feit Andrew E
Seller's Agent
Tim McLoughlin
@properties Christie's International Real Estate
Buyer's Agent
Brad Lippitz
Compass
List Price
$935,000
Sold Price
$925,000
Premium/Discount to List
-$10,000
-1.07%
Views
16
Current Estimated Value
$921,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,546
Avg. Annual Appreciation
-0.16%
Original Mortgage
$805,000
Outstanding Balance
$777,738
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$143,716

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 23, 2021
Sold by
Leopold Arthur E and Leopold Lindsay
Bought by
Grady Ryan K and Fischer Hillary
Seller's Agent
George Furla
Baird & Warner
Buyer's Agent
Michelle Arseneau
Coldwell Banker Realty
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$712,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 16, 2019
Sold by
Ghosh Nilenda S and Dunham Chantel
Bought by
Leopold Arthur
Seller's Agent
Deena Schencker
Jameson Sotheby's Intl Realty
Buyer's Agent
George Furla
Baird & Warner
List Price
$815,000
Sold Price
$815,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$652,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 2017
Sold by
The Alverna Group Llc
Bought by
Ghosh Nilendu S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
3.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Frank Katherine L $925,000 Chicago Title
Grady Ryan K $890,000 Proper Title Llc
Leopold Arthur $815,000 Attorneys Ttl Guaranty Fund
Ghosh Nilendu S $810,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Katherine L $805,000
Previous Owner Grady Ryan K $712,000
Previous Owner Leopold Arthur $652,000
Previous Owner Ghosh Nilendu S $648,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2023 05/02/23 Sold $925,000 -1.1% $402 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $935,000 +5.1% $407 / Sq Ft
07/01/2021 07/01/21 Sold $890,000 +1.3% $387 / Sq Ft View Prior Sale
04/12/2021 04/12/21 For Sale -- -- --
04/11/2021 04/11/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $879,000 +7.9% $382 / Sq Ft
08/23/2019 08/23/19 Sold $815,000 0.0% $354 / Sq Ft View Prior Sale
07/19/2019 07/19/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $815,000 -- $354 / 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 $15,461 $87,240 $10,440 $76,800
2023 $15,027 $73,060 $5,460 $67,600
2022 $15,027 $73,060 $5,460 $67,600
2021 $14,692 $73,060 $5,460 $67,600
2020 $15,342 $68,869 $5,460 $63,409
2019 $15,119 $75,250 $5,460 $69,790
2018 $14,864 $75,250 $5,460 $69,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11738620

Midwest Real Estate Data (MRED)

APN: 17-06-206-057-1002