NOT LISTED FOR SALE

246 W Concord Ln Unit 1 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $1,263,000 - $1,641,000

4 Beds
3 Baths
4,000 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $1,225,000 $306 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,760/month

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Abraham Lincoln Elementary School Rated A-
  • Den
  • Built-In Features

About This Home

As of December 2022

End Unit and Largest Model at Concord Lane in the Old Town Triangle with 4 bedrooms, an office, 4 outdoor spaces and 3 full bathrooms plus an attached garage. This private gated community of townhomes offers a perfect setting with additional safety, security and privacy on a cobblestone street. Ready for your fresh designer ideas and updates however very Inviting 4 level home with a spacious main floor that has nice quality oak hardwood floors, expansive living, kitchen with a grilling balcony and dining area plus an elevator that will take you to the upper levels. The entire second floor is the primary suite with a paneled executive office area that extends over the gated entry, it's own private outdoor deck space and a gigantic bathroom and walk-in closet. The third floor offers 3 additional bedrooms, the largest one with it's own exclusive deck space that extends over the gated entry below and and one hallway bathroom for the three rooms to share .On the top floor you walk out onto. a serene roofdeck with city views and a private feel with trees surrounding you. The lower/ground level has an attached one car garage that leads to a family room, full bath and huge storage area that includes laundry. Location doesn't get any better or more convenient than this. Enjoy being within a short walk to the lakefront in the highly sought-after Lincoln School District, as well as many private schools and steps to Wells Street which offers great restaurants and daily popular spots like Foxtrot Market and Real Good Juice as well as the new Dom's Market!! Equinox and Xsport Gyms are also just steps away as well as the amazing playground at Lasalle Language Academy Elementary.

Last Agent to Sell the Property

Carol Collins

Jameson Sotheby's Intl Realty License #471012982 Listed on: 11/09/2022

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Steve Genyk

Baird & Warner License #475130427

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $24,360

Year Built

  • Built in 1979

Lot Details

  • 0.8

HOA Fees

  • $691 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Accessible Home Design

  • Adaptable For Elevator
  • Accessibility Features

Outdoor Features

  • Deck

Schools

  • Lincoln Park High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, exterior maintenance, scavenger, snow removal
  • 20 Units
  • Pamela Association, Phone Number (773) 772-8000
  • Property managed by Property Solutions

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$24,360

Year Built

Built in 1979

Lot Details

0

HOA Fees

$691 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Basement: Full
  • Accessibility Features: Adaptable For Elevator
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Ceilings - 9 Foot
  • LivingArea: 4000
  • Room Type: Den, Deck, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 1250000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 691
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Solutions
  • Management Contact Name: Pamela
  • Management Phone: 773-772-8000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • 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: 999

Tax Info

  • Tax Annual Amount: 24359.96
  • Tax Year: 2020

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Morris Whitney N
Bought by
Whitney N Morris Trust and Morris
Current Estimated Value
$1,469,355

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 13, 2022
Sold by
Fern C Bomchill 2001 Trust
Bought by
Morris Whitney N
Seller's Agent
Carol Collins
Jameson Sotheby's Intl Realty
Buyer's Agent
Steve Genyk
Baird & Warner
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$980,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2018
Sold by
Davis Fern Bomchill
Bought by
Bomchill Fern C and Fern C Bomchill 2001 Trust
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
Whitney N Morris Trust -- None Listed On Document
Morris Whitney N $1,225,000 None Listed On Document
Bomchill Fern C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Whitney N $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $1,225,000 -2.0% $306 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $1,250,000 -- $313 / 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 $27,344 $127,108 $31,029 $96,079
2023 $25,390 $129,600 $25,023 $104,577
2022 $25,390 $129,600 $25,023 $104,577
2021 $24,856 $129,599 $25,023 $104,576
2020 $24,360 $114,935 $22,020 $92,915
2019 $23,839 $124,828 $22,020 $102,808
2018 $23,436 $124,828 $22,020 $102,808
2017 $20,482 $101,220 $18,016 $83,204
2016 $19,416 $101,220 $18,016 $83,204
2015 $17,724 $101,220 $18,016 $83,204
2014 $16,920 $95,596 $13,512 $82,084
2013 $16,567 $95,596 $13,512 $82,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11669682

Midwest Real Estate Data (MRED)

APN: 14-33-422-070-1001