NOT LISTED FOR SALE

1831 N Sheffield Ave Unit B Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $545,000 - $855,000

3 Beds
3.5 Baths
2,500 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $425,000 $170 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,723/month

10 Days on Market

Highlights

  • Family Room with Fireplace
  • 4-minute walk to Armitage Station
  • Formal Dining Room
  • Mayer Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Privet Park

About This Home

As of December 2022

Rehab/investment opportunity in Lincoln Park. This townhouse is perfect for rehabbers or someone looking to make this their dream home. Four levels of living, including a rare lower level. So much potential with over 2500 square feet. Home needs updating and work, but livable. Sold "As Is". Spacious first floor with separate living/dining area, wood burning fireplace, outdoor patio, 1/2 bath, open staircase leads to upper floors. 3 outdoor spaces with outdoor patio on first level, terrace on 2nd and 3rd floors. 2nd level features 2 bedrooms and a full bath. 3rd level is the primary suite. Lower-level family room with 2nd wb fireplace, laundry and full bath. So much space including a private garage. Amazing location, walking distance to shopping, dining, entertainment. No HOA fees.

Last Agent to Sell the Property

James Moser

@properties Christie's International Real Estate License #475125611 Listed on: 11/10/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Kevin Turner

@properties Christie's International Real Estate License #475194233

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,045

Year Built

  • Built in 1989

Lot Details

  • 3,006

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,045

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,T3-Townhouse 3+ Stories
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,T3-Townhouse 3+ Stories
  • 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): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 2500
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • List Price: 439000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

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 Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: self
  • Management Contact Name: none
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

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: 10045.28
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 5, 2022
Sold by
Preco Timothy W and Preco Amy So
Bought by
Sabal Evan
Seller's Agent
James Moser
@properties Christie's International Real Estate
Buyer's Agent
Kevin Turner
@properties Christie's International Real Estate
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%
Views
9
Current Estimated Value
$758,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,114
Avg. Annual Appreciation
22.26%
Original Mortgage
$382,500
Outstanding Balance
$370,042
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$388,072

Purchase Details

Closed on
May 2, 2005
Sold by
Prevo Timothy W
Bought by
Prevo Timothy W and Choi So Hang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Sold by
Chicago Title Land Trust Co
Bought by
Prevo Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2001
Sold by
Prevo Timothy W
Bought by
Chicago Title Land Trust Company and Trust #1103460

Purchase Details

Closed on
May 21, 1999
Sold by
Dunkel Elizabeth Anne and Ryan Elizabeth
Bought by
Prevo Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.92%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 30, 1994
Sold by
Walrod Brett A
Bought by
Dunkel Elizabeth Anne
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
Sabal Evan $425,000 Proper Title
Sabal Evan $425,000 Proper Title
Prevo Timothy W -- Tristar Title Llc
Prevo Timothy W -- --
Chicago Title Land Trust Company -- Chicago Title Insurance Co
Prevo Timothy W $330,000 --
Dunkel Elizabeth Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabal Evan $382,500
Closed Sabal Evan $382,500
Previous Owner Prevo Timothy W $500,000
Previous Owner Prevo Timothy W $400,000
Previous Owner Prevo Timothy W $264,000
Closed Prevo Timothy W $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $425,000 -3.2% $170 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $439,000 -- $176 / 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 $8,965 $53,690 $23,250 $30,440
2023 $11,226 $42,491 $18,750 $23,741
2022 $11,226 $58,000 $18,750 $39,250
2021 $10,994 $58,000 $18,750 $39,250
2020 $10,045 $48,195 $16,500 $31,695
2019 $9,828 $52,344 $16,500 $35,844
2018 $9,661 $52,344 $16,500 $35,844
2017 $10,185 $50,688 $13,500 $37,188
2016 $9,652 $50,688 $13,500 $37,188
2015 $8,808 $50,688 $13,500 $37,188
2014 $8,232 $46,937 $10,125 $36,812
2013 $8,058 $46,937 $10,125 $36,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11671109

Midwest Real Estate Data (MRED)

APN: 14-32-411-085-1002