NOT LISTED FOR SALE

1940 N Mohawk St Unit 1 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $1,625,000 - $1,960,000

4 Beds
4.5 Baths
3,000 Sq Ft
3,180 Sq Ft Lot

Last Sold June 01, 2023

Last sale price $1,712,500 $571 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,857/month

6 Days on Market

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 2023

An 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

Carrie McCormick

@properties Christie's International Real Estate License #475123706 Listed on: 04/11/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Lauren Goldberg

Jameson Sotheby's Intl Realty License #475126102

Jameson Sotheby's Intl Realty

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$71,434

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Rebuilt Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • LivingArea: 3000
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 5764
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 1725000
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Builder
  • Management Contact Name: OOR
  • Management Phone: 000-000-0000X000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • Middle/Junior School: Lincoln Elementary School
  • Middle/Junior School District: 156

Lot Info

  • Lot Dimensions: PER SURVEY
  • 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: 71434.49
  • Tax Year: 2021

Multi Family

  • Units in Building: 3

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%
Current Estimated Value
$1,860,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,902
Avg. Annual Appreciation
3.13%
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
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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

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 $30,989 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11756562

Midwest Real Estate Data (MRED)

APN: 14-33-304-026-0000