NOT LISTED FOR SALE

1640 W Diversey Pkwy Unit 3 Chicago, IL 60614

Southport Corridor Neighborhood

Estimated Value: $579,000 - $780,000

3 Beds
3 Baths
1,950 Sq Ft
$284/mo HOA Fee

Last Sold March 15, 2023

Last sale price $510,000 $262 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,688/month

111 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Prescott Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Chi Che Wang Park

About This Home

As of March 2023

Welcome home to this incredibly versatile city oasis in the heart of Chicago's North Side. Enjoy the top 2 floors, duplex-up, of this intimate 6-unit building. Soaring 2-story ceilings and eight skylights flood the unit with natural light. Enjoy sunsets and skyline views from the 4th story private deck. High-end stainless-steel appliances and seating for 5+ make the kitchen the perfect gathering spot. The open concept living room/dining room combo works in any layout that suits your lifestyle. Large bedrooms and 3 full baths mean everyone has their own space including the HUGE 21 x 24 ft lofted 3rd bed and full bath on the second floor. In unit laundry, wood burning fireplace, great in unit storage, and parking included in the price.

Last Agent to Sell the Property

Michael Hogg

Compass License #471006860 Listed on: 10/06/2022

Compass

Last Buyer's Agent

Nancy Gaspadarek

@properties Christie's International Real Estate License #475127599

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,586

Year Built

  • Built in 1989

Lot Details

  • 6,186

HOA Fees

  • $284 Monthly HOA Fees

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off Alley Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Prescott Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,586

Year Built

Built in 1989

Lot Details

0

HOA Fees

$284 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 1989
  • New Construction Y/N: No
  • Rebuilt Year: 1989
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 1989

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1950
  • Room Type: Deck
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Blinds,Skylight(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 525000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Block

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 284
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: 0000
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Prescott Elementary School
  • High School: Lincoln Park High 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

Tax Info

  • Tax Annual Amount: 9585.75
  • Tax Year: 2021

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Mar 6, 2023
Sold by
James Steven Milos Revocable Trust
Bought by
Bengtsson Lars Alexander Ni and Bengtsson Helene Strange
Seller's Agent
Michael Hogg
Compass
Buyer's Agent
Nancy Gaspadarek
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
14
Current Estimated Value
$651,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,342
Avg. Annual Appreciation
12.51%
Original Mortgage
$408,000
Outstanding Balance
$397,464
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$279,344

Purchase Details

Closed on
Aug 31, 2021
Sold by
Milos James Steven
Bought by
Milos James Steven and Milos James Steven

Purchase Details

Closed on
Jun 15, 2004
Sold by
Buoscio Jack S and Buoscio Elizabeth M H
Bought by
Milos James S

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
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2000
Sold by
Erickson Richard D
Bought by
Buoscio Jack S and Hagenian Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.31%

Purchase Details

Closed on
Sep 30, 1993
Sold by
Security Fsla Of Chicago
Bought by
Erickson Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Interest Rate
6.93%

Purchase Details

Closed on
Mar 31, 1993
Sold by
Mieccynski T Gregory
Bought by
Security Fsla Of Chicago
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
Bengtsson Lars Alexander Ni $510,000 Chicago Title
Milos James Steven -- Attorney
Milos James S $385,000 Rtc
Buoscio Jack S $295,000 Lawyers Title Insurance Corp
Erickson Richard D $112,666 --
Security Fsla Of Chicago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bengtsson Lars Alexander Ni $408,000
Previous Owner Milo James S $181,000
Previous Owner Milos James S $225,000
Previous Owner Milos James $106,000
Previous Owner Milos James S $250,000
Previous Owner Milos James S $250,000
Previous Owner Buoscio Jack S $150,000
Previous Owner Buoscio Jack S $300,000
Previous Owner Buoscio Jack S $236,000
Previous Owner Buoscio Jack S $69,900
Previous Owner Buoscio Jack S $237,500
Previous Owner Buoscio Jack S $236,000
Previous Owner Erickson Richard D $151,800
Closed Buoscio Jack S $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $510,000 -2.9% $262 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $525,000 -- $269 / 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 $10,061 $51,023 $22,036 $28,987
2023 $9,786 $51,000 $17,771 $33,229
2022 $9,786 $51,000 $17,771 $33,229
2021 $9,586 $50,999 $17,770 $33,229
2020 $6,845 $33,827 $7,961 $25,866
2019 $6,718 $36,866 $7,961 $28,905
2018 $6,604 $36,866 $7,961 $28,905
2017 $6,178 $32,074 $7,108 $24,966
2016 $5,924 $32,074 $7,108 $24,966
2015 $5,397 $32,074 $7,108 $24,966
2014 $5,682 $33,192 $5,793 $27,399
2013 $5,559 $33,192 $5,793 $27,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11641525

Midwest Real Estate Data (MRED)

APN: 14-30-225-039-1003