$1,566,000
SOLD OCT 31, 2023

20 E Cedar St Unit 12B Chicago, IL 60611

Gold Coast Neighborhood
3 Beds
2.5 Baths
2,800 Sq Ft
$2,450/mo HOA Fee

Recently Sold

$559 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Doorman
  • Landscaped Professionally
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Vaulted Ceiling
  • 1-minute walk to Mariano (Louis) Park

About This Home

As of October 2023

A complete designer renovation in one of Gold Coast's most iconic and sought after buildings known for its gothic architecture, old warm charm and vaulted ceilings. No expense was spared in this deluxe whole-home remodel by current owners, who completely reimagined and restored everything down to the plumbing and electrical. Enter into the gracious foyer, with the immense and grand living room just beyond. The hallmark of this room is the near 2-story bay window, with a bird's eye view of scenic Gold Coast below. New herringbone hardwood floors are juxtaposed against the original fireplace creating the perfect old-meets new feel. Other thoughtful updates include all new trim and moldings, new marble window sills, and newly refinished and painted walls and ceilings. Flow into the dining room, which is an entertainer's dream with plenty of space for dining and the gorgeous new wet bar with custom cabinetry, marble countertops and backsplash, sink and wine cooler. Onto the white and marble fully remodeled kitchen, where every detail was tended to including custom designed cabinetry, luxe designer pendant lighting, all high-end appliances and a massive walk-in pantry filled with additional custom storage. Easy everyday living is your's with the adjacent family room for lounging or entertaining. The remodeled bathrooms are another high-end highlight, all with new Waterworks fixtures. Serenity and privacy are found in this home's primary suite, with the luxurious marble primary bath, also boasting dual vanity, designer lighting and glass-enclosed marble shower. You will never run out of storage or closet space, particularly with the primary suite's fully organized walk in closet. Both additional bedrooms offer new hardwood floors, great natural light, flexible space and easy access to the remodeled full hall bathroom with wall-to-wall subway tile, and all the bells and whistles! Other notable features include 2 brand new HVAC systems (with 2 zones), new doors and hardware throughout and nearly all new radiators. Residents enjoy amenities including 24-hour door person, fitness center, landscaped courtyard with grills and bicycle room. Chicago is waiting at your doorstep with this central location close to everything: Oak Street Beach, Lake Shore Drive, many of Chicago's favorite restaurants, Northwestern Hospital and so much more. Valet parking across the street available for $40K

Last Agent to Sell the Property

Julie Busby

Compass License #475153702 Listed on: 06/09/2023

Compass

Last Buyer's Agent

Julie Busby

Compass License #475153702 Listed on: 06/09/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,445

Year Built

  • Built in 1924 | Remodeled in 2022

Lot Details

  • Landscaped Professionally

HOA Fees

  • $2,450 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Ogden Elementary
  • Lincoln Park High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, snow removal
  • 48 Units
  • High-Rise Condominium
  • Property managed by Premier Management Services
  • 18-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Elevator
  • Package Room

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,445

Year Built

Built in 1924 | Remodeled in 2022

Lot Details

0

HOA Fees

$2,450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,High Rise (7+ Stories)
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 12
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 2800
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 18
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Square Footage Comments: Square footage is based on seller's purchase and not to be deemed reliable
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1550000
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: No
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Detached
  • Parking: Garage
  • Deeded Garage Cost: 40000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 2450
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Park, Sundeck, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Management Services
  • Management Contact Name: NA
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Ogden Elementary
  • High School: Lincoln Park High School
  • Middle/Junior School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 20444.6
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Lewisman Matthew S and Lewisman Mia S
Bought by
Binswanger Zachary G and Binswanger Katherine
Current Estimated Value
$1,107,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$479,824
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$584,105

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 10, 2015
Sold by
Smith Margaret B
Bought by
Lewisman Matthew S and Lewisman Mia
Seller's Agent
Sandra Kite
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Marsha Lazar
Berkshire Hathaway HomeServices Chicago
List Price
$1,450,000
Sold Price
$1,050,000
Premium/Discount to List
-$400,000
-27.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%
Original Mortgage
$757,500
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 1999
Sold by
Summers Gene R and Summers Jacqueline K
Bought by
Smith Margaret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7%
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 Type Sale Price Title Company
Warranty Deed $1,566,000 Chicago Title
Warranty Deed $1,054,000 Attorney
Warranty Deed $780,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,240,000 New Conventional
Closed $1,240,000 New Conventional
Previous Owner $140,000 Credit Line Revolving
Previous Owner $1,360,000 Adjustable Rate Mortgage/ARM
Previous Owner $20,000 Credit Line Revolving
Previous Owner $1,365,273 Construction
Previous Owner $757,500 Unknown
Previous Owner $452,000 Unknown
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $1,566,000 +1.0% $559 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $1,550,000 +47.6% $554 / Sq Ft
08/16/2015 08/16/15 Sold $1,050,000 0.0% $375 / Sq Ft
05/31/2015 05/31/15 Off Market $1,050,000 -- --
05/03/2015 05/03/15 Pending -- -- --
05/01/2015 05/01/15 Pending -- -- --
04/20/2015 04/20/15 Price Changed $1,100,000 -8.3% $393 / Sq Ft
03/17/2015 03/17/15 Price Changed $1,200,000 -4.0% $429 / Sq Ft
11/10/2014 11/10/14 Price Changed $1,250,000 -13.8% $446 / Sq Ft
06/10/2014 06/10/14 For Sale $1,450,000 -- $518 / 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 $21,454 $105,913 $11,729 $94,184
2023 $20,893 $105,000 $9,444 $95,556
2022 $20,893 $105,000 $9,444 $95,556
2021 $20,445 $104,999 $9,443 $95,556
2020 $20,070 $93,196 $6,610 $86,586
2019 $19,630 $101,132 $6,610 $94,522
2018 $19,298 $101,132 $6,610 $94,522
2017 $19,744 $95,093 $5,288 $89,805
2016 $18,546 $95,093 $5,288 $89,805
2015 $17,425 $95,093 $5,288 $89,805
2014 $16,741 $90,228 $4,249 $85,979
2013 $16,410 $90,228 $4,249 $85,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11804616

Midwest Real Estate Data (MRED)

APN: 17-03-201-067-1014