NOT LISTED FOR SALE

1940 N Mohawk St Unit 2 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $1,637,498 - $2,219,000

2 Beds
2 Baths
1,300 Sq Ft
3,180 Sq Ft Lot

Last Sold September 02, 2022

Last sale price $875,000 $673 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $12,114/month

Highlights

  • New Construction
  • 1 Car Attached Garage
  • Living Room
  • Abraham Lincoln Elementary School Rated A-
  • Walk-In Closet
  • 2-minute walk to Fire Station Park

About This Home

As of September 2022

This home is located at 1940 N Mohawk St Unit 2, Chicago, IL 60614 since 28 April 2021 and is currently estimated at $1,831,625, approximately $1,408 per square foot. This property was built in 2022. 1940 N Mohawk St Unit 2 is a home located in Cook County with nearby schools including Abraham Lincoln Elementary School, Lincoln Park High School, and St. James Lutheran School.

Last Agent to Sell the Property

Layne Zagorin

Compass License #475172444 Listed on: 04/28/2021

Compass

Co-Listed By

Cheryl Cohn

Compass License #475165456

Last Buyer's Agent

Layne Zagorin

Compass License #475172444 Listed on: 04/28/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $73,066

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,180

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Masonite

Interior Spaces

  • 1,300 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

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

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

$73,066

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: Yes
  • Property Sub-Type: Condo
  • Year Built: 2022
  • Age: NEW Ready for Occupancy
  • 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: 2
  • New Construction Y/N: Yes
  • Rebuilt Year: 2022
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1300
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 5764
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 875000
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • 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
  • Management: Developer Controls
  • Master Association Fee Frequency: Not Required
  • Management Company: Builder
  • Management Contact Name: OOR
  • Management Phone: 000-000-0000X0000
  • 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
  • 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 Year: 2020

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
National Residential Nominee Services In
Bought by
Phelps Matthew Alden and Schmitz Kristen Marie
Current Estimated Value
$1,831,625

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 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

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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 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
09/02/2022 09/02/22 Sold $875,000 0.0% $673 / Sq Ft
08/29/2022 08/29/22 For Sale $875,000 -- $673 / Sq Ft
04/28/2022 04/28/22 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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11193583

Midwest Real Estate Data (MRED)

APN: 14-33-304-026-0000