NOT LISTED FOR SALE

1971 N Fremont St Unit B Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $503,000 - $749,000

3 Beds
2.5 Baths
1,722 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $692,000 $402 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,190/month

52 Days on Market

Highlights

  • Lock-and-Leave Community
  • 2-minute walk to Armitage Station
  • Corner Lot
  • Mayer Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Oz Park

About This Home

As of October 2023

Gorgeous, large, loft-like Duplex in the heart of Lincoln Park with a one car garage and ample storage! On the main floor, there is an open floor plan with an updated balcony and large windows offering a ton of natural light. The large living room transitions to an entertainer's dream with a beautiful kitchen that has a breakfast bar, a huge dining area that can easily accommodate an 8-person table, and a coffee bar with a wine fridge. Additionally, on the first floor, there is a 1/2 bath, large storage closet, and fireplace. The 2nd level has a primary bedroom that easily fits a king-sized bed with an en-suite bathroom that features a double sink granite vanity, linen closet, and walk-in shower. The other, almost equally, large bedroom offers plenty of natural light and the third bedroom is great as a nursery, child's room, or office. Additionally the second floor has a second full bath with a new washer and dryer. All of the upstairs bedrooms have great closet space with Elfa adjustable shelving solutions, including the hallway closet. For additional storage, there is an enormous private storage room in the common area of the building. This unit is in a fantastic location in the heart of Lincoln Park near Oz park, shops, restaurants, and plenty of public transportation options! You won't want to pass this up.

Last Agent to Sell the Property

Mark Chereso

Gateway Realty LLC License #471009791 Listed on: 07/28/2023

Co-Listed By

Angela Chereso

Gateway Realty LLC License #475192955

Last Buyer's Agent

Heather Seidelman

@properties Christie's International Real Estate License #475136886

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,395

Lot Details

  • 5,009

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Half Duplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,722 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • First Floor Utility Room
  • Storage
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 9 Units
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,395

Lot Details

0

HOA Fees

$410 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex
  • Age: Unknown
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Built-In Oven
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Laundry Hook-Up in Unit, Storage, Granite Counters
  • LivingArea: 1722
  • Other Equipment: Humidifier
  • Room Type: Balcony/Porch/Lanai, Utility Room-1st Floor
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Other
  • Foundation Details: Concrete Perimeter
  • List Price: 699000
  • Lot Features: Corner Lot
  • OtherStructures: None
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 410
  • Association Amenities: Storage, Security Door Lock(s), Ceiling Fan
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: unknown
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Other

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: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 11395.35
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Amend Michael A and Amend Meghan M
Bought by
Speckman Emily Anne
Current Estimated Value
$599,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Outstanding Balance
$279,199
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$302,743

Purchase Details

Closed on
Apr 3, 2017
Sold by
Henriques Drew
Bought by
Amend Michael A and Salomon Meghan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jan 20, 2017
Sold by
Sara S Leakey
Bought by
Favia Rew
Seller's Agent
Paul Gorney
eXp Realty
Buyer's Agent
Mark Chereso
Gateway Realty LLC
List Price
$579,900
Sold Price
$570,000
Premium/Discount to List
-$9,900
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$390,000
Interest Rate
4.09%

Purchase Details

Closed on
Jan 31, 2013
Sold by
Means Phillip J and Means Kathryn
Bought by
Corbett Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,155
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2012
Sold by
Smith Robert J
Bought by
Henriques Drew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,155
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2006
Sold by
Nachbar Francee
Bought by
Smith Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
Mortgage Type
Unknown
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
Speckman Emily Anne $405,000 Chicago Title
Amend Michael A $333,000 Chicago Title
Favia Rew -- --
Corbett Michael $265,000 None Available
Henriques Drew $262,500 North American Title Co
Smith Robert J $329,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speckman Emily Anne $303,750
Previous Owner Amend Michael A $266,400
Previous Owner Favia Rew $390,000
Previous Owner Favia Rew --
Previous Owner Henriques Drew $232,500
Previous Owner Henriques Drew $42,136
Previous Owner Corbett Michael $256,155
Previous Owner Henriques Drew $210,000
Previous Owner Mcdermott Brendan P $337,500
Previous Owner Smith Robert J $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $692,000 -1.0% $402 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $699,000 -4.9% $406 / Sq Ft
07/28/2023 07/28/23 For Sale $735,000 +28.9% $427 / Sq Ft
01/17/2017 01/17/17 Sold $570,000 -1.7% $349 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $579,900 +11.5% $355 / Sq Ft
09/27/2012 09/27/12 Sold $520,000 -5.5% $319 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $550,000 -- $337 / 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 $6,474 $40,118 $7,549 $32,569
2023 $6,993 $34,000 $8,891 $25,109
2022 $6,993 $34,000 $8,891 $25,109
2021 $6,167 $33,999 $8,890 $25,109
2020 $5,751 $28,920 $5,357 $23,563
2019 $5,622 $31,410 $5,357 $26,053
2018 $5,526 $31,410 $5,357 $26,053
2017 $5,969 $31,104 $4,383 $26,721
2016 $5,730 $31,104 $4,383 $26,721
2015 $5,219 $31,104 $4,383 $26,721
2014 $5,116 $30,142 $3,287 $26,855
2013 $5,004 $30,142 $3,287 $26,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11845574

Midwest Real Estate Data (MRED)

APN: 14-32-409-069-1004