$350,000
SOLD JUN 28, 2024
1 Bed
1 Bath
-- Sq Ft
$433/mo HOA Fee

Recently Sold

8% Above List Price

22 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Damen Station (Blue Line)
  • Elevator
  • Wood Flooring
  • Sundeck
  • 2-minute walk to Churchill Field Park

About This Home

As of June 2024

One of a kind brick & timber 1-bedroom, 1-bathroom loft nestled in the heart of Bucktown at the site of the former Ludwig Drum Factory. Boasting a harmonious blend of historic charm and modern aesthetic, this residence features soaring 12ft ceilings, exposed brick walls, new hardwood flooring, expansive windows that flood the space with natural light, in-unit laundry and three walk-in closets. The open-concept layout seamlessly connects the living, dining, and kitchen area, creating an ideal space for entertaining. With its prime location near trendy shops, restaurants, parks, and public transportation, this timber loft offers the ultimate urban living experience in one of Chicago's most sought-after neighborhoods. Walk-in assigned storage cage included. Outdoor deeded parking is $25k additional. Condo is broker owned. Investor friendly- 6 mo minimum. Welcome home to Bucktown!

Last Agent to Sell the Property

Meredith Beebe

Jameson Sotheby's Intl Realty License #475192964 Listed on: 05/02/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

John Charmelo

@properties Christie's International Real Estate License #475166223

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 1923

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Deeded Parking Sold Separately

Utilities

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

Additional Features

  • Rooftop Deck
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, parking, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 125 Units
  • Yuri Chepela Association, Phone Number (312) 379-3276
  • Property managed by First Service Residential

Amenities

  • Sundeck
  • Elevator
  • Service Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,851

Year Built

Built in 1923

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Rebuilt Year: 1994
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Deeded Sold Separately
  • Deeded Parking Cost: 25000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 433
  • Association Amenities: Elevator(s), Storage, On Site Manager/Engineer, Sundeck, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Yuri CHEPELA
  • Management Phone: 312-379-3276
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 14313240551289
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 999

Tax Info

  • Tax Annual Amount: 4850.72
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 13, 2024
Sold by
Beebe Meredith and Beebe William
Bought by
Heather Sullivan Living Trust and Kevin Ogorzalek Living Trust
Seller's Agent
Meredith Beebe
Jameson Sotheby's Intl Realty
Buyer's Agent
John Charmelo
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Total Days on Market
22
Views
54
Current Estimated Value
$452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,000
Avg. Annual Appreciation
31.65%

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 5, 2020
Sold by
Schroeder Larissa and Shelley Robert
Bought by
Beebe William and Beebe Meredith
Seller's Agent
Craig Isacson
@properties Christie's International Real Estate
Buyer's Agent
Darrell Scott
Compass
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$272,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2015
Sold by
Shorten George B
Bought by
Schroeder Larissa

Purchase Details

Closed on
Oct 30, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Covault Patrick
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Proper Title
Warranty Deed $340,000 Chicago Title
Quit Claim Deed -- Attorney
Trustee Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $272,000 New Conventional
Previous Owner $261,000 New Conventional
Previous Owner $265,200 New Conventional
Previous Owner $270,900 New Conventional
Previous Owner $291,650 Unknown
Previous Owner $58,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $350,000 +7.7% --
05/24/2024 05/24/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $325,000 -4.4% --
03/05/2020 03/05/20 Sold $340,000 +4.6% --
02/07/2020 02/07/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $325,000 -- --
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 $98 $738 $125 $613
2023 $98 $465 $65 $400
2022 $98 $465 $65 $400
2021 $96 $464 $65 $399
2020 $136 $590 $65 $525
2019 $133 $644 $65 $579
2018 $131 $644 $65 $579
2017 $103 $463 $57 $406
2016 $96 $463 $57 $406
2015 $88 $463 $57 $406
2014 $81 $419 $50 $369
2013 $80 $419 $50 $369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12044464

Midwest Real Estate Data (MRED)

APN: 14-31-324-055-1289