NOT LISTED FOR SALE

229 W Concord Ln Unit 13 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $1,007,000 - $1,168,000

4 Beds
2.5 Baths
2,803 Sq Ft
$398/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $1,020,000 $364 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,446/month

6 Days on Market

Highlights

  • Rooftop Deck
  • Family Room with Fireplace
  • Wood Flooring
  • Abraham Lincoln Elementary School Rated A-
  • Recreation Room
  • Granite Countertops

About This Home

As of March 2024

Experience the best of city living at this exquisite townhome located in the heart of Old Town and just steps from Lincoln Park! Situated in a gated community, you'll enjoy privacy and security while being just moments away from the best shops, restaurants, and parks in the city. This spacious townhome offers an open and versatile floor plan, with 2,803 sq ft, multiple large family spaces, and the feel of a single-family home. The living room is perfect for entertaining, featuring a marble fireplace and ample space for a large dining table and comfortable seating. The kitchen features high-end Wolf, Jenn-Air, and KitchenAid appliances, as well as beautiful countertops. Right off the kitchen is a balcony overlooking the courtyard, which makes the perfect spot for a grill! The second floor features a primary suite with a spa-like bath and ample closet space. A large family room with a cozy wood-burning fireplace is also located on the second level. Three additional bedrooms and another full bathroom can be found on the third level of the home. The lower level features an office/recreation room, half bathroom (with a separate shower), and laundry room. A large rooftop deck with fabulous city views is the perfect place to relax and entertain. Located just steps away from the best that Lincoln Park has to offer, including world-class dining, shopping, and entertainment, this townhome offers the ultimate in luxury city living. The perfect blend of privacy, security, and convenience in this fantastic Lincoln Park townhome! Tenant-Occupied - Please give 24 hours notice for all showing requests!

Last Agent to Sell the Property

Emily Sachs Wong

@properties Christie's International Real Estate License #475104005 Listed on: 01/16/2024

@properties Christie's International Real Estate

Co-Listed By

Maureen Mobarak

@properties Christie's International Real Estate License #475179037

Last Buyer's Agent

Bari Levine

@properties Christie's International Real Estate License #475136277

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,214

Year Built

  • Built in 1979

Lot Details

  • 0.8

HOA Fees

  • $718 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,803 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Storage
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Dryer Hookup

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Lincoln 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, tv/cable, exterior maintenance, scavenger, snow removal
  • 20 Units
  • Tony Fiorentino Association
  • Property managed by Good Steward Building Management

Amenities

  • Common Area

Pet Policy

  • Pets up to 150 lbs
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,214

Year Built

Built in 1979

Lot Details

0

HOA Fees

$718 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Year Built: 1979
  • Age: 41-50 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Some Window Treatment, Granite Counters
  • LivingArea: 2803
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Balcony/Porch/Lanai, Recreation Room, Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 2803
  • Basement Description: Partially Finished,Rec/Family Area,Storage Space
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2803
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 2803
  • Upper Level Sq Ft: 1565
  • Main Level Sq Ft: 725
  • Lower Level Sq Ft: 513
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens
  • List Price: 1035000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 718
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Good Steward Building Management
  • Management Contact Name: Tony Fiorentino
  • Management Phone: 111-111-1111
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 21213.83
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 15, 2024
Sold by
Kaestner Robert and Kaestner Caren
Bought by
Bahrmasel Kim
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Bari Levine
@properties Christie's International Real Estate
List Price
$1,035,000
Sold Price
$1,020,000
Premium/Discount to List
-$15,000
-1.45%
Views
39
Current Estimated Value
$1,115,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,325
Avg. Annual Appreciation
6.01%
Original Mortgage
$720,000
Outstanding Balance
$709,283
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$406,042

Purchase Details

Listed on
Apr 26, 2016
Closed on
Nov 18, 2016
Sold by
Bernstein Eugene H and Bernstein Nancy R
Bought by
Kaestner Robert
Seller's Agent
Dana Galowich
Jameson Sotheby's Intl Realty
Buyer's Agent
Linda Levin
Jameson Sotheby's Intl Realty
List Price
$1,175,000
Sold Price
$1,052,000
Premium/Discount to List
-$123,000
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Original Mortgage
$552,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Bahrmasel Kim $1,020,000 Chicago Title
Kaestner Robert $1,052,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahrmasel Kim $720,000
Previous Owner Kaestner Robert $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $1,020,000 -1.4% $364 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $1,035,000 0.0% $369 / Sq Ft
06/13/2022 06/13/22 Rented $6,000 0.0% --
06/10/2022 06/10/22 Under Contract -- -- --
06/10/2022 06/10/22 Off Market $6,000 -- --
06/07/2022 06/07/22 For Rent $6,000 0.0% --
11/22/2016 11/22/16 Sold $1,052,000 -5.2% $376 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
07/13/2016 07/13/16 Price Changed $1,110,000 -5.5% $396 / Sq Ft
04/26/2016 04/26/16 For Sale $1,175,000 -- $420 / 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 $21,783 $104,561 $25,525 $79,036
2023 $21,214 $106,560 $20,584 $85,976
2022 $21,214 $106,560 $20,584 $85,976
2021 $20,758 $106,559 $20,584 $85,975
2020 $20,371 $94,547 $18,114 $76,433
2019 $19,942 $102,685 $18,114 $84,571
2018 $19,605 $102,685 $18,114 $84,571
2017 $17,198 $83,264 $14,820 $68,444
2016 $16,677 $83,264 $14,820 $68,444
2015 $14,434 $83,264 $14,820 $68,444
2014 $14,114 $78,638 $11,115 $67,523
2013 $13,824 $78,638 $11,115 $67,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961754

Midwest Real Estate Data (MRED)

APN: 14-33-422-070-1013