NOT LISTED FOR SALE

2501 N Wayne Ave Unit 4 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $1,011,000 - $1,096,397

3 Beds
3 Baths
-- Sq Ft
$649/mo HOA Fee

Last Sold April 15, 2024

Last sale price $1,000,000

Est. 6% increase in value since last sale

Current estimated payment $7,783/month

4 Days on Market

Highlights

  • Rooftop Deck
  • Family Room with Fireplace
  • Main Floor Bedroom
  • Mayer Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Supera Park

About This Home

As of April 2024

Discover the perfect blend of style and practicality in this exquisite Lincoln Park townhome. Set on a serene tree-lined street, it boasts a private front terrace, gated courtyard, and spacious Trex roof deck. With three bedrooms, three baths, plus a flexible family room with fireplace that can double as an office or fourth bedroom, this home offers versatile, luxurious living. Floor-to-ceiling windows flood the main level with light, illuminating the wide living room, fireplace, and adjacent dining area. The sleek white kitchen features top-notch Sub-Zero, Wolf, and Bosch appliances, ample storage, and an elegant built-in bar with wine storage. The primary suite is a tranquil escape with ample closet space and a lavish bathroom with marble countertops and a separate steam shower. The third-floor office space is equipped with stylish Brookhaven cabinetry, ideal for working from home. Upstairs, a relaxing retreat awaits with a wet bar, two wine fridges, and a Trex roof deck offering stunning views above the treetops. With garage parking and proximity to Lincoln Park's amenities, including parks, shopping, and dining, this home epitomizes city living at its finest.

Last Agent to Sell the Property

Jeff Herbert

Urban Living Properties, LLC License #475149452 Listed on: 02/18/2024

Co-Listed By

Greta Urban

Urban Living Properties, LLC License #475210061

Last Buyer's Agent

Ricky Sun

HomeSmart Realty Group License #475182889

HomeSmart Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,138

Year Built

  • Built in 1989

Lot Details

  • 0.57

HOA Fees

  • $649 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Steam Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rooftop Deck
  • Patio

Schools

  • Oscar Mayer Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Rita Sprudzs Association, Phone Number (773) 572-0880
  • Property managed by Westward 360

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,138

Year Built

Built in 1989

Lot Details

0

HOA Fees

$649 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: 1989
  • 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Separate Dining Room
  • Other Equipment: Humidifier
  • Room Type: Foyer, Office, Other Room
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Steam Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, Storms/Screens
  • List Price: 1025000
  • Lot Features: Common Grounds
  • 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: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 649
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: Rita Sprudzs
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: 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
  • 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: 16137.59
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
Apr 2, 2024
Sold by
W Glen Smith Revocable Trust and Hock Gregory John
Bought by
Yie Zi and Li Qiana
Seller's Agent
Jeff Herbert
Urban Living Properties, LLC
Buyer's Agent
Ricky Sun
HomeSmart Realty Group
List Price
$1,025,000
Sold Price
$1,000,000
Premium/Discount to List
-$25,000
-2.44%
Views
51
Current Estimated Value
$1,055,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,849
Avg. Annual Appreciation
4.21%
Original Mortgage
$200,000
Outstanding Balance
$189,315
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$868,351

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 23, 2023
Sold by
Oconnor Matthew T and Oconnor Elizabeth R
Bought by
W Glen Smith Revocable Trust
Seller's Agent
Katie Hutchens
Jameson Sotheby's Intl Realty
Buyer's Agent
Jeff Herbert
Urban Living Properties, LLC
List Price
$979,000
Sold Price
$970,000
Premium/Discount to List
-$9,000
-0.92%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 17, 2021
Sold by
Caltabiano Ronald
Bought by
Oconnor Matthew T and Oconnor Elizabeth
Seller's Agent
Millie Rosenbloom
Baird & Warner
Buyer's Agent
Layching Quek
Redfin Corporation
List Price
$870,000
Sold Price
$850,000
Premium/Discount to List
-$20,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$722,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2019
Sold by
Caltabiano Ronald and Mugge John H
Bought by
Caltabiano Ronald

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 17, 2016
Sold by
Kriston Mark and Kriston Kathy
Bought by
Caltabiano Ronald and Mugge John H
Seller's Agent
Ron Rashid
Coldwell Banker Realty
Buyer's Agent
Millie Rosenbloom
Baird & Warner
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$722,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 3, 2013
Sold by
Long Maureen T and Long Thomas E
Bought by
Kriston Mark and Kriston Kathy
Seller's Agent
Harry Maisel
@properties Christie's International Real Estate
Buyer's Agent
Ryan Gossett
Compass
List Price
$775,000
Sold Price
$796,000
Premium/Discount to List
$21,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Jul 20, 1994
Sold by
Doherty Ann T
Bought by
Cml 1994 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
8.25%
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
Yie Zi $1,000,000 First American Title
W Glen Smith Revocable Trust $970,000 Fidelity National Title
Oconnor Matthew T $850,000 Baird & Warner Ttl Svcs Inc
Caltabiano Ronald -- Attorney
Caltabiano Ronald $850,000 First American Title
Kriston Mark $796,000 First American Title Insuran
Cml 1994 Trust $384,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yie Zi $200,000
Previous Owner Oconnor Matthew T $722,500
Previous Owner Caltabiano Ronald $722,500
Previous Owner Long Christine M $600,000
Previous Owner Long Christine M $300,000
Previous Owner Cml 1994 Trust $240,000
Previous Owner Cml 1994 Trust $307,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $1,000,000 -2.4% --
02/23/2024 02/23/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $1,025,000 +5.7% --
10/23/2023 10/23/23 Sold $970,000 -0.9% --
09/22/2023 09/22/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $979,000 +15.2% --
12/01/2021 12/01/21 Sold $850,000 -2.3% $315 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $870,000 +2.4% $322 / Sq Ft
06/24/2016 06/24/16 Sold $850,000 -1.6% $315 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/11/2016 05/11/16 Price Changed $864,000 -3.9% $320 / Sq Ft
05/02/2016 05/02/16 For Sale $899,000 +12.9% $333 / Sq Ft
10/03/2013 10/03/13 Sold $796,000 +2.7% --
07/31/2013 07/31/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $775,000 -- --
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 $16,576 $97,346 $23,855 $73,491
2023 $16,138 $81,881 $19,238 $62,643
2022 $16,138 $81,881 $19,238 $62,643
2021 $15,795 $81,879 $19,237 $62,642
2020 $15,045 $70,639 $9,234 $61,405
2019 $14,715 $76,668 $9,234 $67,434
2018 $14,466 $76,668 $9,234 $67,434
2017 $13,672 $63,510 $8,208 $55,302
2016 $12,220 $63,510 $8,208 $55,302
2015 $11,157 $63,510 $8,208 $55,302
2014 $9,728 $55,000 $6,957 $48,043
2013 $9,525 $55,000 $6,957 $48,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11979182

Midwest Real Estate Data (MRED)

APN: 14-29-315-094-1004