NOT LISTED FOR SALE

1949 W Melrose St Unit 2 Chicago, IL 60657

Roscoe Village Neighborhood

Estimated Value: $418,289 - $514,000

2 Beds
2 Baths
1,136 Sq Ft
$164/mo HOA Fee

Last Sold June 17, 2022

Last sale price $365,000 $321 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,003/month

182 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Wood Flooring
  • Home Office
  • 1-minute walk to Charles Fellger Park

About This Home

As of June 2022

***MULTIPLE OFFER RECIEVED. HIGHEST AND BEST TO BE DELIVERED BY TUESDAY, 4/12 AT 10A. Lease ends 5.31.22. Earliest Closing Date June 7th.***This bright and airy 2 bed/2 bath condo delivers TWO OUTDOOR SPACES AND PARKING in Roscoe Village with bay windows, beautiful pine & maple hardwood floors, high ceilings a captivating Victorian style home. Enter into the living room boasting a large bay window with views of the treelined street & wood burning fireplace. The front-facing den provides the perfect office space with access to the BALCONY with treetop views, perfect for an outdoor coffee perch and container gardening. The large impeccable kitchen provides ample cabinet space, an extra-long granite countertop, stainless steel appliances and a window above the sink letting in bright natural light for the eat-in area. A convenient IN-UNIT LAUNDRY CLOSET off the kitchen fits a side-by-side washer/dryer and provides organized shelving above. Retreat to the primary bedroom boasting an organized walk-in closet, bright natural light from 2 east-facing windows and a large sliding door flowing out to the north-facing private deck, perfect for morning coffee and entertaining. The spotless EN-SUITE BATHROOM boasts a jetted soaking tub. The second bedroom provides ample storage with wall-to wall closets on each side and is serviced by an adjacent tiled bathroom with a tub/shower combination. Access to the shared fenced backyard. Exterior off-alley PARKING included. This condo is ideally situated in Roscoe Village. GREAT LOCATION. Close proximity to multiple bus-lines, schools, highway 90 / 94 Kennedy expressway, Brown, Red, & Purple EL Trains via Damen & Belmont CTA bus. ACCESS TO GREEN & NATURAL SPACES: A block to Fellger Park playground and minutes to Hamlin Park equipped with a fitness center, boxing gym, swimming pool, sports courts & a playground. Easy access to the North Branch Chicago River walk and Jimmy Thomas Nature Trail for recreational activities & dog park. Close to Roscoe Village amenities - stores, shops, grocery, restaurants. Enjoy NEIGHBORHOOD FAVORITES: Sinya Mediterranean, Beat Kitchen, Four Treys Tavern, Lucy's cafe, Sooter's Frozen Custard, & 90 Mile Cuban Cafe.

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 10/12/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Jeni Hutchison

Baird & Warner License #475189517

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,902

Year Built

  • Built in 1888

Lot Details

  • Fenced Yard

HOA Fees

  • $164 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,136 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Balcony
  • Deck

Schools

  • Jahn Elementary School
  • Lake View High School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 3 Units
  • President Association
  • Roscoe Village Subdivision
  • Property managed by The 1949 Melrose Condominium

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,902

Year Built

Built in 1888

Lot Details

0

HOA Fees

$164 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Roscoe Village
  • Year Built: 1888
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • 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: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit
  • LivingArea: 1136
  • Other Equipment: CO Detectors
  • Room Type: Office, Balcony/Porch/Lanai, Walk In Closet, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • List Price: 349900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, In Kitchen, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 164
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The 1949 Melrose Condominium
  • Management Contact Name: President
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Jahn Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Jahn Elementary School
  • 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: 6902.5
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
May 27, 2022
Sold by
Cordero Kenneth J and Cordero Richa D
Bought by
Wiedeman Jonathan and Wiedeman Katie Kinkead
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Jeni Hutchison
Baird & Warner
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Current Estimated Value
$457,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,322
Avg. Annual Appreciation
6.96%
Original Mortgage
$346,750
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Anderson Peter J and Anderson Christina S
Bought by
Cordero Kenneth J and Cordero Richa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Malee Dan and Malee Lauri
Bought by
Anderson Peter J J and Salierno Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2002
Sold by
Hall William R and Hall Lori R
Bought by
Malee Dan and Malee Lauri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.37%

Purchase Details

Closed on
Mar 23, 2000
Sold by
Roche Builders Inc
Bought by
Hall William and Abramowitz Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,300
Interest Rate
7.62%
Source: Public Records

Range of Values:

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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
Wiedeman Jonathan $365,000 Proper Title
Cordero Kenneth J $300,000 Fort Dearborn Land Title Llc
Anderson Peter J J $365,000 Chicago Title Insurance Comp
Malee Dan $315,000 --
Hall William $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiedeman Jonathan $346,750
Previous Owner Cordero Kenneth J $225,000
Previous Owner Anderson Peter J J $292,000
Previous Owner Malee Dan $252,000
Previous Owner Hall William $153,300
Closed Hall William $43,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $365,000 +4.3% $321 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
10/12/2021 10/12/21 For Sale $349,900 -- $308 / 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 $5,064 $29,310 $13,299 $16,011
2023 $4,936 $24,000 $10,725 $13,275
2022 $4,936 $24,000 $10,725 $13,275
2021 $4,826 $23,999 $10,725 $13,274
2020 $6,903 $30,985 $4,461 $26,524
2019 $6,835 $34,020 $4,461 $29,559
2018 $6,720 $34,020 $4,461 $29,559
2017 $6,665 $30,959 $3,946 $27,013
2016 $6,201 $30,959 $3,946 $27,013
2015 $5,673 $30,959 $3,946 $27,013
2014 $5,221 $28,140 $3,045 $25,095
2013 $5,118 $28,140 $3,045 $25,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11244058

Midwest Real Estate Data (MRED)

APN: 14-19-432-052-1002