NOT LISTED FOR SALE

1664 N Orchard St Unit 3 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $1,010,251 - $1,061,000

3 Beds
2 Baths
-- Sq Ft
$169/mo HOA Fee

Last Sold July 22, 2024

Last sale price $950,000

Est. 9% increase in value since last sale

Current estimated payment $7,065/month

4 Days on Market

Highlights

  • Penthouse
  • Rooftop Deck
  • Double Shower
  • Mayer Elementary School Rated A-
  • Heated Floors
  • Vaulted Ceiling

About This Home

As of July 2024

One of the best streets in Lincoln Park - this Penthouse duplex offers you an expansive private roof deck that will leave you in awe with views of the magnificent Chicago skyline. Prepare to be captivated by this meticulously maintained penthouse, featuring soaring 11-foot ceilings, exquisite moldings, and hardwood floors throughout. As you step into this inviting space, you'll be immediately struck by the abundant windows that frame picturesque tree top views and flood the room with sunlight, creating an airy and welcoming atmosphere. The soaring ceilings add to the sense of grandeur and spaciousness, making this living room the perfect place to relax or entertain. The centerpiece of this room is a beautiful fireplace, providing both warmth and a focal point for gatherings. The opposite side of the room is flanked by custom-built bookcases. The corner windows have a built-in bench adding to the functionality of the room and offers a cozy nook. Step into the chef's kitchen that is truly the heart of this home - this open floorplan allows the kitchen to seamlessly merge with the dining and living spaces, creating an inviting hub for daily life and entertaining. This kitchen is as beautiful as it is functional offering sleek and durable quartz countertops, warm wood cabinetry and top-of-the-line Wolf and Sub-Zero appliances. Say goodbye to kitchen chaos and hello to streamlined efficiency with a walk-in pantry that takes organization to the next level. The Primary suite offers vaulted ceilings and indulges you with a second deck, a spa-like bathroom complete with a steam shower and skylight, a separate tub, and a generously sized organized closet. Bedroom two is generous in size and offers an organized closet. The internal staircase leads you to the third bedroom, currently used as an office and is lofted and offers access to your private rooftop deck that is partially covered with a new pergola and is extremely private surrounded with green hedges and turf. This is the perfect space for relaxation and entertaining - you will enjoy the views of the city from day to night. A one-car garage space is also included. Enjoy a neighborhood feel while being conveniently close to downtown. This is a truly exceptional home offering unparalleled comfort and style.

Last Agent to Sell the Property

Carrie McCormick

@properties Christie's International Real Estate License #475123706 Listed on: 05/01/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,257

Year Built

  • Built in 2006

Lot Details

  • 3,093

HOA Fees

  • $169 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 3 Units
  • Suzanne Spain Association
  • Property managed by 1664 Orchard Condo Assn

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,257

Year Built

Built in 2006

Lot Details

0

HOA Fees

$169 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex,Penthouse
  • Year Built: 2006
  • Age: 16-20 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: 3
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Heated Floors, Storage
  • Room Type: Balcony/Porch/Lanai, Deck, Pantry, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower,Double Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 975000
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

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, Dogs OK
  • Association Fee: 169
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 1664 Orchard Condo Assn
  • Management Contact Name: Suzanne Spain
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, 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: 16256.83
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 18, 2024
Sold by
Lorenz Elliott and Luckasevic Kelly
Bought by
Spaggiari Mario
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Views
10
Current Estimated Value
$1,038,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,313
Avg. Annual Appreciation
4.74%
Original Mortgage
$807,500
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2017
Sold by
Frost Nicola
Bought by
Lorenz Elliott and Luckasevic Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 8, 2015
Sold by
Weston Ellen
Bought by
Frost Nicola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 28, 2012
Closed on
Oct 16, 2012
Sold by
Passen Matthew Alexander and Passen Carolyn Miller
Bought by
Weston Ellen
Seller's Agent
Bob Satawake
Jameson Sotheby's Intl Realty
Buyer's Agent
Charese David
Compass
List Price
$824,000
Sold Price
$755,000
Premium/Discount to List
-$69,000
-8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$417,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2008
Sold by
Passen Matthew Alexander and Miller Carolyn Elizabeth
Bought by
Passen Matthew Alexander and Passen Carolyn Miller

Purchase Details

Closed on
Apr 16, 2007
Sold by
1664 Orchard Llc
Bought by
Passen Matthew A and Miller Carolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Spaggiari Mario $950,000 Chicago Title
Lorenz Elliott $825,000 Proper Title Llc
Frost Nicola $825,000 Stewart Title
Weston Ellen $2,265,000 Attorneys Title Guaranty Fun
Passen Matthew Alexander -- None Available
Passen Matthew A $816,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spaggiari Mario $807,500
Previous Owner Lorenz Elliott $650,000
Previous Owner Frost Nicola $660,000
Previous Owner Weston Ellen $417,000
Previous Owner Passen Matthew A $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $950,000 -2.6% --
05/06/2024 05/06/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $975,000 +18.2% --
09/15/2015 09/15/15 Sold $825,000 -7.3% --
07/15/2015 07/15/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $890,000 +17.9% --
10/19/2012 10/19/12 Sold $755,000 -5.0% --
08/29/2012 08/29/12 Pending -- -- --
08/22/2012 08/22/12 Price Changed $795,000 -3.5% --
03/28/2012 03/28/12 For Sale $824,000 -- --
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 $16,699 $82,426 $16,284 $66,142
2023 $16,257 $82,461 $13,133 $69,328
2022 $16,257 $82,461 $13,133 $69,328
2021 $15,912 $82,459 $13,132 $69,327
2020 $13,570 $64,018 $11,556 $52,462
2019 $13,280 $69,529 $11,556 $57,973
2018 $14,611 $73,967 $11,556 $62,411
2017 $15,184 $70,536 $9,455 $61,081
2016 $14,128 $70,536 $9,455 $61,081
2015 $12,925 $70,536 $9,455 $61,081
2014 $13,507 $72,797 $7,091 $65,706
2013 $13,240 $72,797 $7,091 $65,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12044806

Midwest Real Estate Data (MRED)

APN: 14-33-314-093-1003