NOT LISTED FOR SALE

1776 W Winnemac Ave Unit 206 Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $408,000 - $442,520

1 Bed
1 Bath
1,148 Sq Ft
$250/mo HOA Fee

Last Sold May 03, 2024

Last sale price $403,500 $351 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,154/month

4 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Corner Lot
  • Lock-and-Leave Community
  • Bonus Room
  • Sitting Room

About This Home

As of May 2024

Everything has an origin story. This building is no different. Originally a tea factory, the industrial building was converted to condominiums in the 1980s. Designed by artists for artists; it became a creative haven in its early days. In this intimate 16-unit building in West Andersonville, no two units are alike which adds to its charm. Designed by Harry Weese, this soft loft's interiors boast soaring ceilings, creating a bright and airy ambiance throughout. Upon entry in the gallery-like foyer one is drawn in as natural light floods the expansive space, exemplifying a seamless blend of style and sophistication. The spectacular raised living room is accented by a unique Malm Fire Drum and the open floor plan effortlessly connects the living room to the dining area and kitchen, creating an ideal setting for entertainment and relaxation. Off the foyer is a small bonus room that can easily be converted into a pantry, closet, or workshop/space. The condo features exposed brick accent walls and a mix of newly-refinished hardwood floors and ceramic tile flooring throughout. The dramatic spacious primary suite serves as a tranquil sanctuary, complete with an en-suite bathroom anchored by a clawfoot tub and an ample walk-in closet. The sitting room offers versatility for guests or a home office, ensuring both practicality and comfort. This corner unit claims the only balcony in the building for al fresco dining, grilling, or a moment of zen amongst the tree-tops views. Lovingly cared for the last 20+ years, the current owners have made thoughtful updates to captivate the next resident. The contemporary kitchen features a brand-new stainless steel appliance package, painted kitchen cabinetry, polished ceramic backsplash, quartz countertop, free-standing, movable kitchen island with butcher-block top, new lighting in kitchen and dining room, and newer factory-style exterior windows (two interior windows are the original ones as an homage to the building's roots). The shared outdoor oasis is a gardener's delight and has often been a gathering place for building residents and intimate private events. Embrace a vibrant lifestyle with the proximity to the array of shops/boutiques and restaurants in Andersonville, Lincoln Square, and Edgewater. Convenient access to Winnemac Park as well as multiple public transportation options and nearby LSD add to the allure of its location. One exterior parking spot is assigned to the unit; an additional three guest spots flank the west side of the building. This is an unparalleled opportunity to immerse yourself in an urban lifestyle in one of Chicago's most sought-after neighborhoods.

Last Agent to Sell the Property

Lance Kirshner

Compass License #475124478 Listed on: 04/02/2024

Compass

Co-Listed By

Joanne Balbarin

Compass License #475175565

Last Buyer's Agent

Iryna Dzhudzhuk

Core Realty & Investments Inc. License #475174372

Core Realty & Investments Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,177

Year Renovated

  • 1984

Lot Details

  • 0.61

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,148 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Entrance Foyer
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Bonus Room
  • First Floor Utility Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking
  • Visitor Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Mcpherson Elementary School
  • Amundsen High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Garden

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Deborah Goldberg Association, Phone Number (773) 809-4384
  • Low-Rise Condominium
  • Property managed by 5G Property Management
  • Lock-and-Leave Community

Amenities

  • Picnic Area

Recreation

  • Bike Trail

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,177

Year Renovated

1984

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Low Rise (1-3 Stories)
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 1984
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 1984

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Intercom
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Some Wood Floors
  • LivingArea: 1148
  • Room Type: Bonus Room, Foyer, Walk In Closet, Utility Room-1st Floor, Sitting Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: French Doors,Pocket Door(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 350000
  • Lot Features: Corner Lot, Garden
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned, Off Alley, Side Apron, Visitor Parking
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 250
  • Association Amenities: Bike Room/Bike Trails, Security Door Lock(s), Picnic Area
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 5G Property Management
  • Management Contact Name: Deborah Goldberg
  • Management Phone: 773-809-4384
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Mcpherson Elementary School
  • High School: Amundsen High School
  • Middle/Junior School: Mcpherson Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • 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: 7177.39
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Disabled Person

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 29, 2024
Sold by
Saenz Richard A and Balbarin Joanne
Bought by
Martin Dylan W and Martin Jeffrey
Seller's Agent
Lance Kirshner
Compass
Buyer's Agent
Iryna Dzhudzhuk
Core Realty & Investments Inc.
List Price
$350,000
Sold Price
$403,500
Premium/Discount to List
$53,500
15.29%
Views
82
Current Estimated Value
$417,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,017
Avg. Annual Appreciation
-0.57%
Original Mortgage
$256,500
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Saenz Richard A
Bought by
Saenz Richard A and Balbarin Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1997
Sold by
Robinson Jordan
Bought by
Saenz Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.75%
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
Martin Dylan W $403,500 Proper Title
Saenz Richard A -- Chicago Title Insurance Co
Saenz Richard A $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Dylan W $258,750
Closed Martin Dylan W $256,500
Previous Owner Balbarin Joanne $15,000
Previous Owner Balbarin Joanne $198,450
Previous Owner Saenz Richard A $199,000
Previous Owner Saenz Richard A $155,950
Previous Owner Saenz Richard A $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $403,500 +15.3% $351 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $350,000 -- $305 / 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 $7,177 $35,479 $11,719 $23,760
2023 $7,177 $39,000 $13,120 $25,880
2022 $7,177 $39,000 $13,120 $25,880
2021 $7,039 $39,000 $13,120 $25,880
2020 $7,175 $35,310 $7,872 $27,438
2019 $7,137 $38,950 $7,872 $31,078
2018 $7,015 $38,950 $7,872 $31,078
2017 $7,346 $37,500 $6,888 $30,612
2016 $7,011 $37,500 $6,888 $30,612
2015 $6,391 $37,500 $6,888 $30,612
2014 $4,093 $24,630 $5,289 $19,341
2013 $4,001 $24,630 $5,289 $19,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12017906

Midwest Real Estate Data (MRED)

APN: 14-07-409-086-1010