NOT LISTED FOR SALE

1640 W Beach Ave Unit 2W Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $756,000 - $797,000

3 Beds
2.5 Baths
2,000 Sq Ft
$195/mo HOA Fee

Last Sold July 01, 2024

Last sale price $755,000 $378 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,492/month

2 Days on Market

Highlights

  • Penthouse
  • Open Floorplan
  • Main Floor Bedroom
  • Rooftop Deck
  • Wood Flooring
  • 2-minute walk to Dean (John) Park

About This Home

As of July 2024

Experience luxury living in this extra-large penthouse duplex-up, ideally situated in a prime Wicker Park location. Designed to live like a single-family home, this residence features an open concept floor plan, multiple living spaces and 2 private outdoor spaces including a rooftop deck with stunning skyline views. Beautifully updated kitchen with white shaker-style cabinets, quartz countertops, a subway tile backsplash, and stainless steel appliances. The main floor offers an open layout with living, dining, and kitchen areas, a powder room, and a primary bedroom with an en-suite bath. The top floor includes 2 additional bedrooms, an updated hall bathroom, laundry, and a family room which features a wood-burning fireplace and sliding doors that lead to a private front terrace. This floor also offers access to your rooftop deck with amazing skyline views. Garage parking is included. Located on beautiful tree-lined Beach Ave, you're surrounded by amazing restaurants, nightlife, shopping, parks, and public transportation. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Michael Kelly

Compass Listed on: 06/05/2024

Compass

Co-Listed By

Jenny Derrickson

Compass

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,600

Year Built

  • Built in 2001 | Remodeled in 2018

Lot Details

  • 4,792

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Window Treatments
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Second Floor Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,600

Year Built

Built in 2001 | Remodeled in 2018

Lot Details

0

HOA Fees

$195 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: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Second Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Some Carpeting, Some Window Treatment
  • LivingArea: 2000
  • Room Type: Utility Room-2nd Floor
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck
  • List Price: 759000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self
  • Management Contact Name: self
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • 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: 12600
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jun 25, 2024
Sold by
Weber Sarah K
Bought by
Cowan Thomas
Seller's Agent
Michael Kelly
Compass
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$759,000
Sold Price
$755,000
Premium/Discount to List
-$4,000
-0.53%
Views
8
Current Estimated Value
$769,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,896
Avg. Annual Appreciation
0.79%

Purchase Details

Listed on
Jul 12, 2018
Closed on
Sep 15, 2018
Sold by
Lewis Michael B and Loyet Lindy
Bought by
Weber Sarah K
Seller's Agent
Derek Disera
Compass
Buyer's Agent
Michael Kelly
Crosstown Realtors Inc
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2008
Sold by
Breen Traci G and Breen Nathan A
Bought by
Lewis Michael B and Loyet Lindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 2003
Sold by
Breen Traci G
Bought by
Breen Nathan A and Breen Traci G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2002
Sold by
Sake Developers Llc
Bought by
Breen Traci G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.16%
Mortgage Type
Balloon
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
Cowan Thomas $755,000 First American Title
Weber Sarah K $635,000 Attorney
Lewis Michael B $490,000 First American
Breen Nathan A -- Ticor Title Insurance Compan
Breen Traci G $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber Sarah K $319,866
Previous Owner Weber Sarah K $453,100
Previous Owner Loyet Lindy $325,000
Previous Owner Lewis Michael B $376,000
Previous Owner Lewis Michael B $392,000
Previous Owner Lewis Michael B $392,000
Previous Owner Lewis Michael B $392,000
Previous Owner Breen Nathan A $150,000
Previous Owner Breen Nathan A $250,000
Previous Owner Breen Traci G $250,000
Previous Owner Breen Traci G $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $755,000 -0.5% $378 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $759,000 +19.5% $380 / Sq Ft
09/20/2018 09/20/18 Sold $635,000 -2.3% $318 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $650,000 0.0% $325 / Sq Ft
08/10/2018 08/10/18 Price Changed $650,000 +2.4% $325 / Sq Ft
08/06/2018 08/06/18 Off Market $635,000 -- --
07/12/2018 07/12/18 For Sale $665,000 -- $333 / 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 $12,986 $70,810 $10,440 $60,370
2023 $12,600 $64,680 $4,080 $60,600
2022 $12,600 $64,680 $4,080 $60,600
2021 $12,337 $64,680 $4,080 $60,600
2020 $11,112 $52,985 $4,080 $48,905
2019 $11,632 $57,895 $4,080 $53,815
2018 $10,758 $57,895 $4,080 $53,815
2017 $9,902 $49,373 $3,600 $45,773
2016 $9,389 $49,373 $3,600 $45,773
2015 $8,567 $49,373 $3,600 $45,773
2014 $6,263 $36,325 $4,260 $32,065
2013 $6,128 $36,325 $4,260 $32,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12074882

Midwest Real Estate Data (MRED)

APN: 17-06-214-051-1004