NOT LISTED FOR SALE

2041 N Magnolia Ave Unit B Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $805,000 - $1,369,000

3 Beds
2.5 Baths
2,800 Sq Ft
$460/mo HOA Fee

Last Sold April 28, 2022

Last sale price $1,130,000 $404 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,198/month

5 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Mayer Elementary School Rated A-
  • Wood Flooring
  • Gallery

About This Home

As of April 2022

Be prepared for the extraordinary! This is the coolest 3 bedroom condo in Lincoln Park. The structural trusses and barrel-vaulted wood beamed ceilings range from 18' to 22' and light pours in from 8 large windows. The home boasts beautiful western (Magnolia St) exposure and only 1 sharing wall for the ultimate in privacy. The main entertaining area is over 35 feet in width, room to breathe, mimicking a tree-house vibe. If you love to entertain the chef's kitchen is a true pleasure; ample space for a table, a deck for grilling and relaxing. The 3rd bedroom is nestled between the kitchen and en-suite 2nd bedroom. The primary suite encompasses the entire 2nd floor featuring a private roof deck (20 x 12) with city views, double walk-in closets and spa bath. All this and more spanning over 2800 square feet. This intimate boutique 6 unit building boasts attached garage parking + storage + low assessments. Oscar Mayer school is a 5 minute stroll along with restaurants + boutiques. Bring your furry friends, both cats & dogs are welcome. Perfect Lincoln park living.

Last Agent to Sell the Property

Klopas Stratton Team

Jameson Sotheby's Int'l Realty License #471009697 Listed on: 03/15/2022

Jameson Sotheby's Int'l Realty

Co-Listed By

Jason Stratton

Jameson Sotheby's Int'l Realty License #475138400

Last Buyer's Agent

Lindsey Richardson

Baird & Warner License #475149718

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,676

Year Built

  • Built in 1991

Lot Details

  • End Unit

HOA Fees

  • $460 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage
  • Gallery
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck

Schools

  • Oscar Mayer Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 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, lawn care, scavenger, snow removal
  • 6 Units

Pet Policy

  • Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,676

Year Built

Built in 1991

Lot Details

0

HOA Fees

$460 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 1991
  • Age: 31-40 Years
  • 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: Condos
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Trash Compactor, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Beamed Ceilings
  • LivingArea: 2800
  • Room Type: Breakfast Room, Deck, Foyer, Gallery, Pantry
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,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

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens, End Unit
  • List Price: 1125000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 460
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 16676.45
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 29, 2022
Sold by
Porter Terence and Porter Mary Beth
Bought by
Weber Bryan M and Weber Katherine
Seller's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
Buyer's Agent
Lindsey Richardson
Baird & Warner
List Price
$1,125,000
Sold Price
$1,130,000
Premium/Discount to List
$5,000
0.44%
Current Estimated Value
$1,169,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,847
Avg. Annual Appreciation
1.00%
Original Mortgage
$472,000
Outstanding Balance
$443,961
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$725,886

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 14, 2022
Sold by
Porter Terence and Porter Mary Beth
Bought by
Weber Bryan M and Weber Katherine
Seller's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
Buyer's Agent
Lindsey Richardson
Baird & Warner
List Price
$1,125,000
Sold Price
$1,130,000
Premium/Discount to List
$5,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$443,961
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$725,886

Purchase Details

Listed on
Sep 10, 2012
Closed on
Mar 7, 2013
Sold by
Schorr Andrew J
Bought by
Porter Terence and Porter Mary Neth
Seller's Agent
Jennifer Kindel
Jameson Sotheby's Intl Realty
Buyer's Agent
Janis Northon
@properties Christie's International Real Estate
List Price
$825,000
Sold Price
$777,500
Premium/Discount to List
-$47,500
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2005
Sold by
Waller Nancy C
Bought by
Schorr Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac
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
Weber Bryan M -- --
Weber Bryan M $1,130,000 None Listed On Document
Porter Terence $777,500 None Available
Schorr Andrew J $840,000 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Bryan M $472,000
Previous Owner Porter Terence $417,000
Previous Owner Schorr Andrew J $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2022 04/28/22 Sold $1,130,000 +0.4% $404 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $1,125,000 +44.7% $402 / Sq Ft
03/11/2013 03/11/13 Sold $777,500 -2.7% $307 / Sq Ft View Prior Sale
01/27/2013 01/27/13 Pending -- -- --
11/19/2012 11/19/12 Price Changed $799,000 -3.2% $315 / Sq Ft
09/10/2012 09/10/12 For Sale $825,000 -- $325 / 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 $18,646 $103,295 $23,468 $79,827
2023 $18,122 $88,110 $18,926 $69,184
2022 $18,122 $88,110 $18,926 $69,184
2021 $17,718 $88,109 $18,925 $69,184
2020 $16,676 $77,962 $16,654 $61,308
2019 $16,323 $84,674 $16,654 $68,020
2018 $16,047 $84,674 $16,654 $68,020
2017 $15,978 $77,599 $13,626 $63,973
2016 $15,542 $77,599 $13,626 $63,973
2015 $14,220 $77,599 $13,626 $63,973
2014 $10,959 $59,064 $10,219 $48,845
2013 $10,264 $59,064 $10,219 $48,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11347899

Midwest Real Estate Data (MRED)

APN: 14-32-134-055-1003