NOT LISTED FOR SALE

2025 N Magnolia Ave Unit 3 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $813,000 - $885,928

3 Beds
3 Baths
1,800 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $695,000 $386 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,853/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Mayer Elementary School Rated A-
  • Detached Garage

About This Home

As of December 2021

Bright and spacious 3 bed / 3 bath penthouse duplex-up in the heart of Lincoln Park! The sun-filled open floor plan has cathedral ceilings, lofted upstairs level and 2 private decks with gorgeous skyline views. Large windows on three sides showcase east, west, and north exposures. Gas fireplace, hardwood floors and an eat-in kitchen with ample space for a separate dining table. Two bedrooms are on the main level, while the large primary bedroom suite is on the second level with generous closets and newly updated bathroom, is adjacent to a large family room, and on the other side, it's own private deck (one of the two outdoor spaces). The unit is move-in ready and has been impeccably maintained. Completing the unit is a garage parking space, private storage room along with in-unit laundry. Unbeatable location. Located on coveted tree-lined quiet one-way street, close to shops, restaurants (Old Pueblo Cantina, Sweet Mandy B's, Range and everything on Armitage/Halsted, close to 3 grocery stores (TJs, WF and Marianos), public transportation (Brown & Red lines), city parks and 9 excellent playgrounds, and the amazing Oscar Meyer Magnet Cluster school (both neighborhood and selective enrollment.) Easy access to I-94.

Last Agent to Sell the Property

Elizabeth Licata

Compass License #475157854 Listed on: 10/13/2021

Compass

Last Buyer's Agent

Patrick Natale

Compass License #475149708

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,689

Year Built | Renovated

  • 1997 | 2016

Lot Details

  • 6,273

HOA Fees

  • $196 per month

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,689

Year Built | Renovated

1997 | 2016

Lot Details

0

HOA Fees

$196 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: 1/2 Duplex,Condo
  • Property Sub Type: 1/2 Duplex,Condo
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2016
  • Directions: CLYBOURN TO MAGNOLIA- NORTH. MAGNOLIA RUNS ONE WAY NORTH OFF CLYBOURN
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1997
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 3
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • Dining Room Type: Deck
  • Stories: 4

Exterior Features

  • Exterior Features: Deck, Storms/Screens, End Unit
  • Exterior Building Type: Brick
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: NA
  • Management Phone: 000-000-0000
  • Association Fee: 196
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Lawn Care, Scavenger

Schools

  • Elementary School: Oscar Mayer Elementary School
  • High School: Lincoln Park High School
  • Junior High Dist: 299
  • Middle Or Junior School: Oscar Mayer Elementary School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 6

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 12241.11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 23, 2021
Sold by
Gordon Ian S and Gordon Avery Kerr
Bought by
Khan Shehjad
Seller's Agent
Elizabeth Licata
Compass
Buyer's Agent
Patrick Natale
Compass
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$854,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,232
Avg. Annual Appreciation
5.45%
Original Mortgage
$548,250
Outstanding Balance
$423,371
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$430,861

Purchase Details

Closed on
Oct 6, 2016
Sold by
Sokol Thomas C and Sokol Patricia E
Bought by
Kerr Gordon Ian S and Kerr Gordon Avery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.44%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Sokol Thomas C and Sokol Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,800
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
Khan Shehjad $695,000 First American Title
Kerr Gordon Ian S $650,000 Baird & Warner Title Service
Sokol Thomas C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Shehjad $548,250
Previous Owner Kerr Gordon Ian S $620,000
Previous Owner Sokol Thomas C $363,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $695,000 0.0% $386 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $695,000 -- $386 / 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 $13,689 $73,837 $17,486 $56,351
2023 $13,283 $68,000 $14,102 $53,898
2022 $13,283 $68,000 $14,102 $53,898
2021 $13,004 $67,999 $14,101 $53,898
2020 $12,241 $58,052 $12,409 $45,643
2019 $11,979 $63,050 $12,409 $50,641
2018 $11,776 $63,050 $12,409 $50,641
2017 $10,436 $48,477 $10,153 $38,324
2016 $9,709 $48,477 $10,153 $38,324
2015 $8,059 $48,477 $10,153 $38,324
2014 $7,548 $45,083 $7,614 $37,469
2013 $7,380 $45,083 $7,614 $37,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11245349

Midwest Real Estate Data (MRED)

APN: 14-32-134-057-1005