1940 N Mohawk St Unit 1 Chicago, IL 60614
Old Town NeighborhoodEstimated Value: $1,637,498 - $2,219,000
4
Beds
4.5
Baths
3,000
Sq Ft
3,180
Sq Ft Lot
Highlights
- 1 Car Attached Garage
- Walk-In Closet
- Laundry Room
- Abraham Lincoln Elementary School Rated A-
- Living Room
- 2-minute walk to Fire Station Park
About This Home
As of June 2023An exceptional home in the heart of Lincoln Park - Developed by Cashel Homes, this duplex-down checks all the boxes! You will feel right at home when you approach the handsome limestone facade. Once you step inside, you are greeted by high ceilings, home automation, a Sonos audio system, custom window treatments, Restoration Hardware lighting, luxurious finishes throughout, and best of all... an abundance of light! The main floor of this home features a true chef's kitchen with custom cabinets, including a stunning island with walnut cabinetry, quartz counters, and backsplash - appliances by Sub-Zero and an iconic Wolf range with pot filler. This chef's kitchen was also designed with a walk-in pantry with electrical for your appliances and a butler's pantry that closes off to the dining and east-facing living room centered around the gas fireplace. Just off the kitchen is the west-facing family room that captures amazing light and features a connected covered terrace. This family room has been designed with custom walnut cabinetry and a true entertainer wet bar with a beverage center, ice maker, and shelving. Step out the sliding doors to your three private outdoor spaces, including a covered terrace with a feature wall with built-in TV, a private fenced-in yard with grass, and your garage roof deck with privacy walls and a relaxing hot tub. All three outdoor spaces are entirely private just for you! This main level also features a convenient mud room and powder room. The lower bedroom floor has 4 bedrooms and 4 full en suite baths and features heated floors throughout. The primary bedroom has a large, professionally organized walk-in by California closet and elegant bath with custom cabinetry, double vanities, radiant heated floors, a steam shower, a free-standing air tub, and tons of storage. Enjoy a proper laundry room with custom cabinets, making organization a breeze. One garage space included with an electric car charging port - this is one of the best homes on the market...don't miss out! Located in the heart of Lincoln Park, you're steps away from restaurants, dining, parks, the best schools, easy access to Lake Shore Drive or 90/94, and public transportation.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475123706 Listed on: 04/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $71,434
Year Built
- Built in 1992
Lot Details
- 3,180
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Masonite
Interior Spaces
- 3,000 Sq Ft Home
- 4-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Lincoln Elementary School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 3 Units
- Oor Association
- Property managed by Builder
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2023
Closed on
May 1, 2023
Sold by
National Residential Nominee Services In
Bought by
Phelps Matthew Alden and Schmitz Kristen Marie
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Lauren Goldberg
Jameson Sotheby's Intl Realty
List Price
$1,725,000
Sold Price
$1,712,500
Premium/Discount to List
-$12,500
-0.72%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,125
Avg. Annual Appreciation
3.39%
Original Mortgage
$1,455,625
Outstanding Balance
$1,415,317
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$416,308
Purchase Details
Closed on
Apr 1, 2023
Sold by
Cirillo Steven Marc
Bought by
National Residential Nominee Services Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,455,625
Outstanding Balance
$1,415,317
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$416,308
Purchase Details
Closed on
Apr 22, 2021
Sold by
Tur Kaspa Ilan and Tur Kaspa Hana
Bought by
Mz 1 940 Mohawk Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,414,200
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 14, 2014
Sold by
Rockey Keith V and Rockey Lillie D
Bought by
Tur Kaspa Ilan and Tur Kaspa Hana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,448,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Chicago, IL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phelps Matthew Alden | $1,712,500 | Fidelity National Title | |
| National Residential Nominee Services Inc | $1,712,500 | Fidelity National Title | |
| Mz 1 940 Mohawk Development Llc | $1,625,000 | Citywide Title Corporation | |
| Tur Kaspa Ilan | $1,810,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phelps Matthew Alden | $1,455,625 | |
| Previous Owner | Mz 1940 Mohawk Development Llc | $2,414,200 | |
| Previous Owner | Tur Kaspa Ilan | $1,448,000 | |
| Previous Owner | Rockey Keith | $783,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $1,712,500 | -0.7% | $571 / Sq Ft |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | For Sale | $1,725,000 | +21.1% | $575 / Sq Ft |
| 09/27/2022 09/27/22 | Sold | $1,425,000 | 0.0% | $475 / Sq Ft |
| 08/29/2022 08/29/22 | For Sale | $1,425,000 | -- | $475 / Sq Ft |
| 07/09/2022 07/09/22 | Pending | -- | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $73,066 | $149,969 | $18,533 | $131,436 |
| 2023 | $73,066 | $146,874 | $14,946 | $131,928 |
| 2022 | $73,066 | $355,236 | $39,688 | $315,548 |
| 2021 | $71,434 | $355,235 | $39,687 | $315,548 |
| 2020 | $49,597 | $222,640 | $34,925 | $187,715 |
| 2019 | $48,621 | $242,000 | $34,925 | $207,075 |
| 2018 | $47,125 | $242,000 | $34,925 | $207,075 |
| 2017 | $38,237 | $181,000 | $28,575 | $152,425 |
| 2016 | $36,252 | $181,000 | $28,575 | $152,425 |
| 2015 | $33,168 | $181,000 | $28,575 | $152,425 |
| 2014 | $50,378 | $274,094 | $22,225 | $251,869 |
| 2013 | $49,373 | $274,094 | $22,225 | $251,869 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie McCormick
Seller's Agent in 2023
Carrie McCormick
@ Properties
(312) 961-4612
47 in this area
721 Total Sales
-
Lauren Goldberg
L
Buyer's Agent in 2023
Lauren Goldberg
Jameson Sotheby's Intl Realty
(312) 751-0300
20 in this area
105 Total Sales
-
Layne Zagorin
Seller's Agent in 2022
Layne Zagorin
Compass
(773) 425-0039
17 in this area
35 Total Sales
-
Cheryl Cohn
Seller Co-Listing Agent in 2022
Cheryl Cohn
Compass
(312) 860-0200
15 in this area
36 Total Sales
-
Jordan Chalmers
Buyer's Agent in 2022
Jordan Chalmers
Baird Warner
(773) 301-9538
5 in this area
89 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11756562
APN: 14-33-304-026-0000
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