$510,000
SOLD NOV 15, 2024
2 Beds
2 Baths
1,500 Sq Ft
$617/mo HOA Fee

Recently Sold

$340 Per Sq Ft

10% Above List Price

19 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Paulina Station
  • Deck
  • Hamilton Elementary School Rated A-
  • Lock-and-Leave Community
  • Wood Flooring

About This Home

As of November 2024

This is an outstanding opportunity to own one of the largest 2 bed, 2 bath units in the renowned Pencil Factory Lofts building! It's a beautiful building with an interesting history and special interior aesthetics-such a unique property with 12-ft. ceilings and 9-ft. high windows. It's flooded with light, even on a cloudy day! There is a great floor plan with no pillar obstructions and more exposed brick than other units. Both bedrooms are totally enclosed! Expansive living room with a dedicated space for dining, a large master bedroom, loads of closet space plus extra storage. Sleek newer baths. Kitchen has Whirlpool appliances. In-unit laundry has full-size Bosch washer/dryer. Other features include a super roof-top deck with incredible City views, a recently remodeled side yard/patio with grills. Plus an exercise room and children's playroom with books and toys. Located in the heart of tree-lined Roscoe Village-so wonderfully convenient-just one block to the Paulina Brown Line "El," charming cafes and restaurants, shopping. One of the most desirable places to live in the City! An indoor heated garage space is extra. Taxes do not include homeowner's exemption. Come see this amazing loft space you can call home!

Last Agent to Sell the Property

Susan Roche

Coldwell Banker Realty License #475128925 Listed on: 10/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Melanie Everett

Compass License #471020093

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,093

Year Built

  • Built in 1918 | Remodeled in 2004

HOA Fees

  • $617 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Interior Spaces

  • 1,500 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access
  • Wheelchair Adaptable
  • Accessibility Features
  • Level Entry For Accessibility
  • Ramp on the main level

Schools

  • Hamilton Elementary School
  • Lake View High School

Utilities

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

Additional Features

  • Deck
  • Additional Parcels

Community Details

Overview

  • Association fees include water, parking, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 139 Units
  • Pamela Chivarelli Association, Phone Number (773) 206-7895
  • Pencil Factory Lofts Subdivision
  • Property managed by Property Solutions
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Sundeck
  • Building Patio
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,093

Year Built

Built in 1918 | Remodeled in 2004

Lot Details

0

HOA Fees

$617 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Pencil Factory Lofts
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2004
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2004

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Accessibility Features: Main Level Entry, Ramp - Main Level, Wheelchair Accessible, Wheelchair Adaptable
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1500
  • Room Type: Eating Area
  • Stories Total: 5
  • 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
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 465000
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 30000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: 617
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Patio
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Solutions
  • Management Contact Name: Pamela Chivarelli
  • Management Phone: 773-206-7895
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Hamilton Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 14192140191241
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9093.37
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 15, 2024
Sold by
Roche Kevin and Hopple Katherine
Bought by
Klein Alec Stephen
Seller's Agent
Susan Roche
Coldwell Banker Realty
Buyer's Agent
Melanie Everett
Compass
List Price
$465,000
Sold Price
$510,000
Premium/Discount to List
$45,000
9.68%
Views
25
Current Estimated Value
$518,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,299
Avg. Annual Appreciation
-0.63%
Original Mortgage
$408,000
Outstanding Balance
$406,268
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$101,553

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 11, 2019
Sold by
Murphy Sean and Sbordon Katherine E
Bought by
Roche Kevin and Hopple Katherine
Seller's Agent
Sidney Friedman
Baird & Warner
Buyer's Agent
Susan Roche
Coldwell Banker Realty
List Price
$395,000
Sold Price
$420,000
Premium/Discount to List
$25,000
6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$336,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 20, 2016
Sold by
Perri Matthew M and Strait Tracy E
Bought by
Murphy Sean and Sbordon Katherine E
Seller's Agent
Joe Zimmerman
Keller Williams ONEChicago
Buyer's Agent
Debbie Baren
@properties
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$378,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2016
Sold by
Perri Matthew M
Bought by
Perri Matthew M and Strait Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2011
Sold by
Perri Matthew M and Perri Michael M
Bought by
Perri Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2007
Sold by
Feig Jonathan C
Bought by
Perri Matthew M and Perri Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1999
Sold by
Mccombs Jeffrey S
Bought by
Feig Jonathan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
6.87%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Bai Shan
Bought by
Mccombs Jeffrey S
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 $510,000 Chicago Title
Warranty Deed $420,000 Citywide Title Corporation
Warranty Deed $420,000 None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Cti
Warranty Deed $332,500 None Available
Warranty Deed $236,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $335,000 New Conventional
Previous Owner $336,000 New Conventional
Previous Owner $378,000 New Conventional
Previous Owner $275,000 Adjustable Rate Mortgage/ARM
Previous Owner $297,600 New Conventional
Previous Owner $315,800 Purchase Money Mortgage
Previous Owner $184,000 Unknown
Previous Owner $188,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $510,000 +9.7% $340 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $465,000 +10.7% $310 / Sq Ft
12/19/2019 12/19/19 Sold $420,000 +6.3% $280 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $395,000 -6.0% $263 / Sq Ft
09/23/2016 09/23/16 Sold $420,000 +5.0% --
08/19/2016 08/19/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $399,900 -- --
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 $8,650 $47,574 $8,328 $39,246
2023 $8,433 $41,000 $6,712 $34,288
2022 $8,433 $41,000 $6,712 $34,288
2021 $8,245 $40,999 $6,712 $34,287
2020 $7,557 $33,921 $2,793 $31,128
2019 $7,482 $37,242 $2,793 $34,449
2018 $7,357 $37,242 $2,793 $34,449
2017 $7,140 $33,169 $2,471 $30,698
2016 $6,643 $33,169 $2,471 $30,698
2015 $6,078 $33,169 $2,471 $30,698
2014 $5,739 $30,929 $1,907 $29,022
2013 $5,625 $30,929 $1,907 $29,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12177321

Midwest Real Estate Data (MRED)

APN: 14-19-412-019-1038