NOT LISTED FOR SALE

227 W Scott St Unit 2E Chicago, IL 60610

Old Town Neighborhood

Estimated Value: $434,000 - $517,000

2 Beds
2 Baths
-- Sq Ft
7,667 Sq Ft Lot Lot

Sale Details

Date Sold: July 29, 2022

Last sale price $417,000

Est. 17% increase in value since last sale

Current estimated payment $3,400 / mo

Highlights

  • Lock-and-Leave Community
  • Deck
  • End Unit
  • Lincoln Park High School Rated A
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of July 2024

Old Town Rental! Step inside this stunning 2 bed 2 bath unit located off of Wells Street in a Boutique Elevator Building in the Heart of Old Town. Hardwood floors and high end finishes throughout the entire unit, newer carpet in bedrooms. Large Kitchen featuring tons of counter space, custom white cabinetry, stainless steel appliances, granite countertops, pantry and private balcony right off the kitchen. Bright and Open living space with tall ceilings, gas fireplace and two Juliet balcony doors to provide tons of natural light and fresh air. Spacious primary suite with natural light, double closets, completely updated en-suite bathroom featuring walk-in shower, floating vanity and new floors. Generously sized second bedroom with ample closet space and leads directly out to the second private balcony. Brand New In-Unit Washer/Dryer. Tons of storage throughout. One Heated Garage Parking space and additional storage locker included in price. Located right off of Wells street which features coffee shops, restaurants, grocery stores, shopping, nightlife and bars, fitness/gyms, parks, dog parks, public transportation and the Clark/Division red line stop.

Last Agent to Rent the Property

Luke Sandler

@properties Christie's International Real Estate License #475192070 Listed on: 07/08/2024

@properties Christie's International Real Estate

Last Renter's Agent

Luke Sandler

@properties Christie's International Real Estate License #475192070 Listed on: 07/08/2024

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1999 | Remodeled in 2020

Lot Details

  • End Unit

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Listing and Financial Details

  • Security Deposit $3,900
  • Property Available on 8/15/24
  • Rent includes water, parking, exterior maintenance, lawn care, storage lockers, snow removal

Community Details

Overview

  • 12 Units
  • Old Town Subdivision
  • Lock-and-Leave Community

Amenities

  • Package Room
  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1999 | Remodeled in 2020

Lot Details

7,667 Sq Ft Lot

Parking

1

Rental Info

  • Available Date: 2024-08-15
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 3900
  • Security Deposit: 3,900
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Move-in Fee,Move Out Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Old Town
  • Year Built: 1999
  • 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: 2020
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, End Unit
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 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
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Elevator(s), Storage, Receiving Room, Security Door Lock(s)
  • Rent Includes: Water, Parking, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management: Self-Management
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Lane Philip M and Lane Matthew
Bought by
P2m Holdings Llc
Current Estimated Value
$488,252

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 26, 2022
Sold by
Wachter Meghan A and Wachter Kurt S
Bought by
Lane Matthew and Lane Philip M
Seller's Agent
Lauren Mitrick Wood
Compass
Buyer's Agent
Luke Sandler
@properties Christie's International Real Estate
List Price
$435,000
Sold Price
$417,000
Premium/Discount to List
-$18,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$375,300
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2012
Closed on
Sep 27, 2012
Sold by
Khorshid Adam
Bought by
Wachter Meghan A and Wachter Kurt S
Seller's Agent
David Litvinov
@properties Christie's International Real Estate
Buyer's Agent
Danny Lewis
Baird & Warner
List Price
$329,900
Sold Price
$345,000
Premium/Discount to List
$15,100
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$276,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Glasson Eric M
Bought by
Khorshid Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2002
Sold by
Daniels Richard J
Bought by
Glasson Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5%

Purchase Details

Closed on
May 8, 2000
Sold by
Spiller Stephanie
Bought by
Daniels Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.21%

Purchase Details

Closed on
Sep 15, 1999
Sold by
State Bank Of Countryside
Bought by
Daniels Richard J and Spiller Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
P2m Holdings Llc -- None Listed On Document
Lane Matthew $417,000 Fidelity National Title
Wachter Meghan A $345,000 Fidelity National Title
Khorshid Adam $370,000 Stewart Title Of Illinois
Glasson Eric M $328,500 --
Daniels Richard J -- --
Daniels Richard J $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Matthew $375,300
Previous Owner Wachter Meghan A $276,000
Previous Owner Khorshid Adam $296,000
Previous Owner Glasson Eric M $300,700
Previous Owner Daniels Richard J $240,000
Previous Owner Daniels Richard J $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Rented $4,000 +2.6% --
07/16/2024 07/16/24 Under Contract -- -- --
07/15/2024 07/15/24 Off Market $3,900 -- --
07/08/2024 07/08/24 For Rent $3,900 0.0% --
07/29/2022 07/29/22 Sold $417,000 -4.1% -- View Prior Sale
07/09/2022 07/09/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $435,000 0.0% --
04/23/2018 04/23/18 Rented $2,900 0.0% --
03/27/2018 03/27/18 For Rent $2,900 0.0% --
04/21/2017 04/21/17 Rented $2,900 0.0% --
04/20/2017 04/20/17 Under Contract -- -- --
04/12/2017 04/12/17 For Rent $2,900 0.0% --
10/05/2012 10/05/12 Sold $345,000 +4.6% -- View Prior Sale
09/09/2012 09/09/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $329,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $9,943 $45,020 $7,587 $37,433
2024 $9,943 $45,020 $7,587 $37,433
2023 $9,693 $47,125 $6,118 $41,007
2022 $9,693 $47,125 $6,118 $41,007
2021 $9,476 $47,125 $6,118 $41,007
2020 $9,860 $44,262 $5,139 $39,123
2019 $9,687 $48,217 $5,139 $43,078
2018 $9,524 $48,217 $5,139 $43,078
2017 $6,892 $32,015 $4,160 $27,855
2016 $6,412 $32,015 $4,160 $27,855
2015 $5,867 $32,015 $4,160 $27,855
2014 $5,343 $28,798 $3,083 $25,715
2013 $5,238 $28,798 $3,083 $25,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12103729

Midwest Real Estate Data (MRED)

APN: 17-04-220-053-1007

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