NOT LISTED FOR SALE

2523 N Burling St Unit 2 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $658,000 - $819,630

3 Beds
2 Baths
1,650 Sq Ft
$119/mo HOA Fee

Last Sold April 12, 2022

Last sale price $675,000 $409 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,217/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Alcott Elementary School Rated A-
  • Den
  • 2-minute walk to Park West Park

About This Home

As of April 2022

Gorgeous 3 bedroom 2 bathroom condo plus den/office nook in a classic vintage greystone building on one of the best blocks in Lincoln Park. This home is on a quiet one way tree lined residential street just steps from the Lincoln Park Zoo, the Lakefront and all of the fantastic shops and restaurants in Lincoln Park. Stunning newly renovated kitchen with white shaker cabinetry, stainless steel appliances, quartz countertops and subway tile glass backsplash has plenty of room for an eat-in table and tons of counter space. The living room features a gas fireplace and bay window which is adjacent to a cozy bonus room which makes a fantastic office area, den or workout space. Off the living room is the large formal dining room which easily fits a table for 6-8 people and has a built in dry bar, perfect for entertaining. The primary bedroom easily fits a king sized bed and has an attached ensuite master bathroom. The sleek designer lighting, modern color scheme and newer hardwood floors are perfectly juxtaposed with character filled details such as stained glass, dentil crown molding, and decorative corbels. This attractive home features sunny bay windows, 10 foot high ceilings throughout, 3 great sized bedrooms, in-unit stackable washer/dryer, a private deck on the rear of the home, and an exterior parking spot included in the price. A+ location close to Fullerton CTA, Trader Joe's, Whole Foods, Equinox, and endless Clark/Halsted boutiques and restaurants. Alcott and Lincoln Park High School District. Please note that the sellers do not have a Homeowner's Exemption on the property and the property taxes are currently being appealed by the building.

Last Agent to Sell the Property

Lauren Stubig

@properties Christie's International Real Estate License #475163975 Listed on: 03/04/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Arthur Rothschild

Jameson Sotheby's Intl Realty License #475185135

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,645

Year Built

  • Built in 1896 | Remodeled in 2018

Lot Details

  • 4,051

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,650 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Alcott Elementary School
  • Lincoln Park High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, exterior maintenance, scavenger
  • 4 Units
  • Low-Rise Condominium
  • Greystone

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,645

Year Built

Built in 1896 | Remodeled in 2018

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Flat,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Flat,Low Rise (1-3 Stories),Vintage
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2018
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Ceiling - 10 Foot
  • LivingArea: 1650
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Den, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Cable Access
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 119
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: self managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Alcott Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Alcott Elementary School

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: 11645
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 15, 2022
Sold by
Schuh Ryan
Bought by
Ford Erin Shann
Seller's Agent
Lauren Stubig
@properties Christie's International Real Estate
Buyer's Agent
Arthur Rothschild
Jameson Sotheby's Intl Realty
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Current Estimated Value
$763,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,408
Avg. Annual Appreciation
3.54%
Original Mortgage
$540,000
Outstanding Balance
$503,797
Interest Rate
3.63%
Estimated Equity
$259,611

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 4, 2022
Sold by
Schuh Ryan and Schuh Sarah
Bought by
Ford Erin Shaun
Seller's Agent
Lauren Stubig
@properties Christie's International Real Estate
Buyer's Agent
Arthur Rothschild
Jameson Sotheby's Intl Realty
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$503,797
Interest Rate
3.63%
Estimated Equity
$259,611

Purchase Details

Listed on
May 8, 2020
Closed on
May 12, 2020
Sold by
Mccrary Timothy and Mccrary Sarah
Bought by
Schuh Ryan and Schuh Sarah
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Coleen Karpf
Keller Williams ONEChicago
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$205,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2016
Closed on
Oct 28, 2016
Sold by
Singh Harinderjit
Bought by
Mccray Timothy and Mccray Sarah
Seller's Agent
Jeff Herbert
Urban Living Properties, LLC
Buyer's Agent
Michael Hansen
Keller Williams ONEChicago
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$417,001
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 12, 2009
Sold by
Stassen Edward H and Stassen Sheila D
Bought by
Singh Jasleen and Singh Harinderjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Randle Adrienne K
Bought by
Stassen Edward H and Stassen Sheila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2003
Sold by
Randle Stephen T
Bought by
Randle Adrienne K

Purchase Details

Closed on
Mar 29, 1994
Sold by
Maloney Kevin T and Maloney Laura A
Bought by
Randle Stephen T and Randle Adrienne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,700
Interest Rate
7.51%
Mortgage Type
Purchase Money Mortgage
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
Ford Erin Shann $675,000 --
Ford Erin Shaun $675,000 None Listed On Document
Ford Erin Shann $675,000 --
Schuh Ryan $595,000 Near North National Title
Mccray Timothy $535,000 First American Title
Singh Jasleen $496,000 Pntn
Stassen Edward H $595,000 Fort Dearborn Land Title
Randle Adrienne K -- --
Randle Stephen T $148,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Erin Shann $540,000
Closed Ford Erin Shaun $540,000
Previous Owner Schuh Ryan $205,000
Previous Owner Mccray Timothy $417,001
Previous Owner Singh Jasleen $371,000
Previous Owner Stassen Edward H $250,000
Previous Owner Randle Stephen T $200,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2022 04/12/22 Sold $675,000 +3.8% $409 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $650,000 +9.2% $394 / Sq Ft
06/15/2020 06/15/20 Sold $595,000 0.0% $366 / Sq Ft View Prior Sale
05/08/2020 05/08/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $595,000 +11.2% $366 / Sq Ft
11/19/2016 11/19/16 Sold $535,000 -2.7% $329 / Sq Ft View Prior Sale
10/06/2016 10/06/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $550,000 -- $338 / 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 $13,226 $67,501 $16,521 $50,980
2023 $13,575 $66,000 $13,306 $52,694
2022 $13,575 $66,000 $13,306 $52,694
2021 $13,272 $65,999 $13,305 $52,694
2020 $11,645 $52,275 $7,983 $44,292
2019 $11,349 $56,488 $7,983 $48,505
2018 $11,158 $56,488 $7,983 $48,505
2017 $8,040 $37,350 $7,096 $30,254
2016 $7,481 $37,350 $7,096 $30,254
2015 $6,844 $37,350 $7,096 $30,254
2014 $7,623 $41,085 $6,015 $35,070
2013 $7,472 $41,085 $6,015 $35,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11335198

Midwest Real Estate Data (MRED)

APN: 14-28-312-081-1003