$541,000
SOLD OCT 23, 2020

2527 N Sheffield Ave Unit 4D Chicago, IL 60614

Sheffield & DePaul Neighborhood
3 Beds
2 Baths
1,900 Sq Ft
$534/mo HOA Fee

Recently Sold

$285 Per Sq Ft

15% Below List Price

29 Days on Market

Highlights

  • Vaulted Ceiling
  • 4-minute walk to Fullerton Station
  • Stainless Steel Appliances
  • Mayer Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Jonquil Park

About This Home

As of October 2020

Enjoy stunning sunsets from your west-facing over-sized balcony that spans the width of this home. This three bedroom and two bath Penthouse duplex condo is a must see! With a walk score of 96% this home is conveniently located in Lincoln Park close to parks, restaurants, Whole Foods, Lincoln Park Zoo and the beach. A boutique elevator building offering just two units per floor for the ultimate in privacy. With 17' ceiling heights in the living room / dining room, this home has been recently updated and offers: a smart home that includes everything from the door locks to lighting and even integration with Amazon Alexa, walnut stained hardwood floors throughout, a gas fireplace with a stone surround, a chef's kitchen with white and gray Quartzite counters, painted cabinets, a Thermador oven and dishwasher, Samsung refrigerator and ample space for dining at the counter. Additionally, a large master suite with a walk-in closet and an over-sized master bath, a third bedroom (currently being used as a TV room/ office) is located on the second floor and has a queen size built-in murphy bed that folds conveniently into the wall when not in use and, so much more! An attached garage space is available for $30,000.

Last Agent to Sell the Property

Terri McAuley

Berkshire Hathaway HomeServices Chicago License #471003542 Listed on: 08/20/2020

Co-Listed By

Rachel Rand Martell

Jameson Sotheby's Intl Realty License #475186628

Last Buyer's Agent

Ryan Gossett

Compass License #475146874

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,694

Year Built

  • 1998

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $534 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,694

Year Built

1998

Lot Details

0

HOA Fees

$534 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 4
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1998
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1998

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X24, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Balcony, Walk In Closet
  • Master Bedroom: Dimensions: 15X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Walk in Closet, Dimensions: 7X15, On Level: 2nd Level
  • Additional Room 2 Name: Balcony, Dimensions: 6X17, On Level: Main Level
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 18X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1900

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator
  • Assessment Includes: Water, Parking, Common Insurance, TV/Cable, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 534
  • Management Phone: 773-913-2569

Fee Information

  • Management Company: CONNECT PROPERTY MANAGEMENT

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14294190361016

Multi Family

  • Total Number Unitsin Building: 16
  • Number Stories: 4

Tax Info

  • Taxes: 11198.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 13, 2020
Sold by
Cottrell Brian and Cottrell Sarah
Bought by
Thakkar Dhruvin and Thakkar Binita
Seller's Agent
Terri McAuley
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Ryan Gossett
Compass
List Price
$639,000
Sold Price
$541,000
Premium/Discount to List
-$98,000
-15.34%
Current Estimated Value
$709,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,169
Avg. Annual Appreciation
6.19%
Original Mortgage
$486,900
Outstanding Balance
$435,877
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$287,183

Purchase Details

Listed on
Dec 14, 2017
Closed on
Feb 20, 2018
Sold by
Nazarie Christine Marie De and Spelde Christine
Bought by
Cottrell Brian and Cottrell Sarah
Seller's Agent
Susan Kanter
Baird & Warner
Buyer's Agent
Terri McAuley
Berkshire Hathaway HomeServices Chicago
List Price
$495,000
Sold Price
$491,000
Premium/Discount to List
-$4,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$441,900
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2015
Sold by
Denazarie Matthew J
Bought by
Denazarie Christine Marie

Purchase Details

Closed on
Mar 5, 2004
Sold by
Alexander Bacc
Bought by
Denazarie Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Burke Joseph C and Burke Andrea D
Bought by
Alexander Bacc

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
6.3%

Purchase Details

Closed on
Dec 20, 2001
Sold by
Burke Joseph C
Bought by
Burke Joseph C and Burke Andrea D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.25%

Purchase Details

Closed on
Dec 9, 1999
Sold by
Dales Andrea L and Burke Andrea D
Bought by
Burke Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 30, 1998
Sold by
Cosmopolitan Bank & Trust
Bought by
Burke Joseph C and Dales Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Interest Rate
6%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $541,000 Attorney
Warranty Deed $491,000 Attorney
Warranty Deed $450,000 None Available
Warranty Deed $420,000 Multiple
Warranty Deed $394,500 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Trustee Deed $337,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,900 New Conventional
Previous Owner $441,900 New Conventional
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $300,700 No Value Available
Previous Owner $247,000 No Value Available
Previous Owner $266,000 No Value Available
Previous Owner $269,800 No Value Available
Closed $54,350 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $541,000 -3.1% $285 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $558,200 -6.9% $294 / Sq Ft
08/25/2020 08/25/20 Price Changed $599,700 -6.2% $316 / Sq Ft
08/20/2020 08/20/20 For Sale $639,000 +30.1% $336 / Sq Ft
02/28/2018 02/28/18 Sold $491,000 -0.8% $273 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $495,000 -- $275 / 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 $10,694 $61,339 $9,568 $51,771
2023 $10,403 $54,001 $7,717 $46,284
2022 $10,403 $54,001 $7,717 $46,284
2021 $10,189 $53,999 $7,716 $46,283
2020 $11,440 $51,354 $3,703 $47,651
2019 $11,198 $55,737 $3,703 $52,034
2018 $11,350 $57,461 $3,703 $53,758
2017 $9,491 $44,091 $3,292 $40,799
2016 $8,831 $44,091 $3,292 $40,799
2015 $8,080 $44,091 $3,292 $40,799
2014 $7,451 $40,158 $2,790 $37,368
2013 $7,304 $40,158 $2,790 $37,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10824466

Midwest Real Estate Data (MRED)

APN: 14-29-419-036-1016