NOT LISTED FOR SALE

1843 N Sheffield Ave Unit 2 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $605,000 - $720,000

2 Beds
1.5 Baths
1,500 Sq Ft
$429/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $460,000 $307 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,355/month

47 Days on Market

Highlights

  • Open Floorplan
  • 3-minute walk to Armitage Station
  • Wood Flooring
  • Mayer Elementary School Rated A-
  • Deck
  • 2-minute walk to Privet Park

About This Home

As of July 2022

Spacious and meticulously-kept 2 bed, 1.5 bath condo with THREE LEVELS of living space in the ultra-convenient Ranch Triangle district of Lincoln Park! This warm and inviting condo feels like townhome living at its finest with multiple levels of living space, soaring-high 10'6" ceilings, low monthly HOA dues and plenty of room to add value! The main level features hardwood floors throughout an open living room / kitchen concept with wood-burning fireplace, HUGE kitchen peninsula, granite countertops, stainless steel appliances and half bathroom. The top level features a large, primary bedroom with ample closet size and tons of natural sunlight + a generous-sized second bedroom and full bathroom. The lower level includes a large family room / den with wet bar that makes for an excellent home office and has access to the fully enclosed private outdoor patio for grilling and relaxing. The lower level also features a laundry room and an extra large storage room that makes for the PERFECT value-add opportunity to convert it into a second full bathroom. DREAM BIG and transform the entire lower level of the unit into a full master bedroom with en-suite bathroom and private outdoor access if one desires. The sky's the limit! One exterior parking spot included in the price! Newer HVAC system installed recently. Building is well-maintained and low monthly HOA dues for the unit. Easily access all that the neighborhood has to offer just steps from your door - Armitage Avenue Shopping District with cafes and restaurants, Trader Joe's, Best Buy, Goose Island Brewhouse; and Michelin-Star restaurants along Halsted St such as Alinea and Boka. Hop on the CTA Brown Line train at Armitage or Red Line train at North/Clybourn, both just a 5 minute walk away. Only a few minutes drive to the 90/94 expressway for access to the downtown loop and O'Hare Airport. This unit offers a true city living experience at its finest!

Last Agent to Sell the Property

Michael Samm

Keller Williams ONEChicago License #475168912 Listed on: 04/19/2022

Keller Williams ONEChicago

Co-Listed By

Mark Quesada

Black Label Realty Co. License #475144827

Last Buyer's Agent

Lucas Blahnik

@properties Christie's International Real Estate License #471017201

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,429

Year Built

  • Built in 1992

Lot Details

  • 3,006

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Half Duplex

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • 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

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units
  • Olivia Levine Association, Phone Number (949) 637-4191

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,429

Year Built

Built in 1992

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo,Condo-Duplex
  • Year Built: 1992
  • Age: 26-30 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: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1500
  • Room Type: Storage, Utility Room-Lower Level, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio
  • List Price: 475000
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 100
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Olivia Levine
  • Management Phone: 949-637-4191
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • 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: 7429.05
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jul 7, 2022
Sold by
Frensz Peter S
Bought by
Denison Joseph and Compernolle Carolyn
Seller's Agent
Michael Samm
Keller Williams ONEChicago
Buyer's Agent
Lucas Blahnik
@properties Christie's International Real Estate
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$643,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,808
Avg. Annual Appreciation
10.79%
Original Mortgage
$345,000
Outstanding Balance
$329,364
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$314,444
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
Denison Joseph $1,380,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denison Joseph $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $460,000 -3.2% $307 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $475,000 -4.8% $317 / Sq Ft
04/19/2022 04/19/22 For Sale $499,000 -- $333 / 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 $10,549 $54,588 $15,043 $39,545
2023 $9,580 $50,000 $12,131 $37,869
2022 $9,580 $50,000 $12,131 $37,869
2021 $9,385 $49,999 $12,131 $37,868
2020 $7,429 $36,451 $10,675 $25,776
2019 $7,265 $39,589 $10,675 $28,914
2018 $7,142 $39,589 $10,675 $28,914
2017 $8,280 $41,839 $8,734 $33,105
2016 $7,880 $41,839 $8,734 $33,105
2015 $7,186 $41,839 $8,734 $33,105
2014 $5,409 $31,721 $6,550 $25,171
2013 $5,291 $31,721 $6,550 $25,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11375974

Midwest Real Estate Data (MRED)

APN: 14-32-411-087-1002