Seller's Agent in 2021
Douglas Smith
@ Properties
(312) 682-8500
10 in this area
52 Total Sales
2042 N Fremont St Chicago, IL 60614
Old Town NeighborhoodEstimated Value: $3,104,000 - $4,863,000
6
Beds
6
Baths
5,400
Sq Ft
$691/Sq Ft
Est. Value
Highlights
- Rooftop Deck
- 3-minute walk to Armitage Station
- Landscaped Professionally
- Mayer Elementary School Rated A-
- Heated Floors
- Whirlpool Bathtub
About This Home
As of March 2021Welcome to 2042 Fremont. Situated on one of Chicago's most desirable street. This 3 year old Environs Development home is finished with the finest materials. This sophisticated residence designed by Michael Abrams Interiors offers a highly-functional 5,400 sq ft layout with 6 bedrooms, 5 1/2 bathrooms & an optional elevator. The home boasts over 2,500 sq ft of outdoor space, including a covered loggia with outdoor fireplace on the penthouse level PLUS an additional rooftop terrace above the penthouse with snowmelt and sweeping views of the city. Kitchen features custom slab front cabinets, giant walk-in pantry, huge eat-at island with seating for 4 + banquette seating. Sub Zero, Wolf, 2 Miele dishwashers, custom built-in cabinetry loaded with storage. The family room is stunning with surround windows and large fireplace that walks out to a generous stone-paved patio. The patio has a built-in grilling station and storage and room for a large dining table. The garage roof deck has custom steel pergola, gas fire-pit and lush landscaping for privacy. Second Level offers 3 bedrooms w/en-suite baths including a sumptuous primary suite with large sitting area, motorized shades, beautiful custom wall unit, marble spa bath, organized dual closets. The lower level has large gathering room with oversized windows & built-in wet bar + 2 additional bedrooms. Convenient mud room with built-in cubbies is just steps away from the two car garage. Control4 Smart home system. This turn-key, better-than-new home is a block away from Armitage shopping and dining. Easy access to the trains and busses.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475122275 Listed on: 11/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,967
Year Built
- 2017
Lot Details
- Southern Exposure
- East or West Exposure
- Fenced Yard
- Landscaped Professionally
Parking
- Detached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Slab Foundation
- Rubber Roof
- Limestone
Interior Spaces
- Wet Bar
- Built-In Features
- Bookcases
- Bar Fridge
- Ceiling height of 10 feet or more
- Fireplace With Gas Starter
- Blinds
- Family Room Downstairs
- Formal Dining Room
- Utility Room with Study Area
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- High End Refrigerator
- Bar Refrigerator
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Eco-Friendly Details
- North or South Exposure
Outdoor Features
- Rooftop Deck
- Enclosed Patio or Porch
- Terrace
- Fire Pit
Location
- Property is near a bus stop
- City Lot
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Radiant Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2020
Closed on
Feb 8, 2021
Sold by
Forbess Joseph M and Forbess Lisa W
Bought by
Gps412 Llc
Seller's Agent
Douglas Smith
@properties Christie's International Real Estate
Buyer's Agent
Ashley Bell
@properties Christie's International Real Estate
List Price
$3,725,000
Sold Price
$3,649,000
Premium/Discount to List
-$76,000
-2.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,490
Avg. Annual Appreciation
1.07%
Purchase Details
Closed on
Nov 20, 2017
Sold by
Environs Investor Holdings Llc 2042 Frem
Bought by
Forbess Joseph M and Forbess Lisa W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 14, 2016
Sold by
Utley Jonathan G
Bought by
Environ Investor Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,305,667
Interest Rate
3.5%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gps412 Llc | $3,649,000 | Proper Title Llc | |
| Forbess Joseph M | $3,500,000 | First American Title | |
| Environ Investor Holdings Llc | $1,300,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Forbess Joseph M | $1,100,000 | |
| Previous Owner | Environ Investor Holdings Llc | $2,305,667 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2021 03/01/21 | Sold | $3,649,000 | -2.0% | $676 / Sq Ft |
| 11/12/2020 11/12/20 | Pending | -- | -- | -- |
| 11/09/2020 11/09/20 | For Sale | $3,725,000 | -- | $690 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $49,967 | $356,001 | $48,438 | $307,563 |
| 2023 | $48,710 | $236,822 | $39,063 | $197,759 |
| 2022 | $48,710 | $236,822 | $39,063 | $197,759 |
| 2021 | $52,016 | $261,999 | $39,062 | $222,937 |
| 2020 | $42,337 | $193,153 | $34,375 | $158,778 |
| 2019 | $41,492 | $209,949 | $34,375 | $175,574 |
| 2018 | $45,029 | $231,390 | $34,375 | $197,015 |
| 2017 | $18,278 | $84,909 | $28,125 | $56,784 |
| 2016 | $25,537 | $130,000 | $28,125 | $101,875 |
| 2015 | $24,815 | $138,040 | $28,125 | $109,915 |
| 2014 | $19,527 | $107,816 | $21,875 | $85,941 |
| 2013 | $19,131 | $107,816 | $21,875 | $85,941 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Smith
-
Ashley Bell
Buyer's Agent in 2021
Ashley Bell
@ Properties
(312) 952-0958
5 in this area
106 Total Sales
-
Beth Wexner
Buyer Co-Listing Agent in 2021
Beth Wexner
@ Properties
(312) 296-3223
2 in this area
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10928757
APN: 14-32-226-022-0000
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