NOT LISTED FOR SALE

2577 W Montrose Ave Unit 3 Chicago, IL 60618

Horner Park Neighborhood

Estimated Value: $356,598 - $376,000

2 Beds
2 Baths
1,060 Sq Ft
$345/mo HOA Fee

Last Sold August 03, 2023

Last sale price $310,000 $292 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,693/month

3 Days on Market

Highlights

  • River Front
  • Landscaped Professionally
  • Wood Flooring
  • Waters Elementary School Rated A-
  • Deck
  • Formal Dining Room

About This Home

As of August 2023

Bright and sunny penthouse condo overlooking the Chicago River and Horner Park. This 2 bedroom/2 bath split bedroom floor plan features hardwood flooring and loads of windows. The open floor plan boasts a large living room with wood burning fireplace, separate dining area and an open kitchen with plenty of seating at the breakfast bar. A small private south facing deck captures wonderful light. The primary bedroom features an ensuite bath and the second bedroom is tucked away perfect for a home office or guests. All this with in unit laundry, central heat and air, and large storage in the basement. Walk to the heart of Lincoln Square in minutes, 4 blocks from the Rockwell Brown Line and across the river from Horner Park.

Last Agent to Sell the Property

Mark Jak

@properties Christie's International Real Estate License #475116973 Listed on: 06/22/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Stephanie Englund Siegel

Compass License #475129021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,228

Year Built

  • Built in 1925

Lot Details

  • River Front
  • Landscaped Professionally

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Waters Elementary School
  • Amundsen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Richard Association, Phone Number (773) 878-3300
  • Property managed by Prairie Shores

Pet Policy

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

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,228

Year Built

Built in 1925

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1060
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1060
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1060
  • Fireplace Location: Living Room
  • Total Sq Ft: 1060
  • Main Level Sq Ft: 1060
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 295000
  • Lot Features: Landscaped, River Front
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 345
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Prairie Shores
  • Management Contact Name: Richard
  • Management Phone: 773-878-3300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Waters Elementary School
  • High School: Amundsen High School
  • Middle/Junior School: Waters Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5228.15
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 1, 2023
Sold by
Oneil Patrick Michael
Bought by
Mudd Loren and Costello Patricia
Seller's Agent
Mark Jak
@properties Christie's International Real Estate
Buyer's Agent
Stephanie Englund Siegel
Compass
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%
Views
34
Current Estimated Value
$365,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,900
Avg. Annual Appreciation
5.85%
Original Mortgage
$180,000
Outstanding Balance
$176,329
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$173,163

Purchase Details

Closed on
Jun 19, 2017
Sold by
Cox Rory P and Padley Cylene C
Bought by
Neil Patrick Michael O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,568
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2014
Closed on
May 17, 2014
Sold by
Akerley Christopher J and Akerley Kari
Bought by
Cox Rory P and Padley Cylene C
Seller's Agent
Holly Bergren
Dream Town Realty
Buyer's Agent
Holly Bergren
Dream Town Realty
List Price
$249,900
Sold Price
$232,000
Premium/Discount to List
-$17,900
-7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$208,800
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2003
Sold by
Wirsing William and Wirsing Andrea H
Bought by
Akerley Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2001
Sold by
Riverside Development Group Ltd
Bought by
Wirsing William and Wirsing Andrea H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
6.92%
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
Mudd Loren $310,000 Proper Title
Neil Patrick Michael O $247,000 Chicago Title
Cox Rory P $232,000 None Available
Akerley Christopher J $240,000 Cti
Wirsing William $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mudd Loren $180,000
Previous Owner Neil Patrick Michael O $208,750
Previous Owner Neil Patrick Michael O $209,568
Previous Owner Cox Rory P $208,800
Previous Owner Akerley Christopher J $187,500
Previous Owner Akerley Christopher J $191,000
Previous Owner Akerley Christopher J $208,000
Previous Owner Akerley Christopher J $189,850
Previous Owner Akerley Christopher J $35,150
Previous Owner Akerley Christopher J $192,000
Previous Owner Bake Rhett T $164,000
Previous Owner Wirsing William $205,000
Previous Owner Wirsing William $203,700
Closed Akerley Christopher J $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $310,000 +5.1% $292 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $295,000 +19.7% $278 / Sq Ft
06/28/2019 06/28/19 Sold $246,500 +2.9% $224 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $239,500 +3.2% $218 / Sq Ft
05/20/2014 05/20/14 Sold $232,000 -3.3% $206 / Sq Ft
03/22/2014 03/22/14 Pending -- -- --
02/13/2014 02/13/14 Price Changed $239,900 -4.0% $213 / Sq Ft
01/21/2014 01/21/14 For Sale $249,900 -- $222 / 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 $4,786 $31,838 $3,222 $28,616
2023 $4,644 $26,000 $2,178 $23,822
2022 $4,644 $26,000 $2,178 $23,822
2021 $5,228 $25,999 $2,178 $23,821
2020 $4,996 $22,425 $2,178 $20,247
2019 $4,281 $24,739 $2,178 $22,561
2018 $4,208 $24,739 $2,178 $22,561
2017 $3,992 $21,919 $1,906 $20,013
2016 $4,390 $21,919 $1,906 $20,013
2015 $4,017 $21,919 $1,906 $20,013
2014 $3,106 $19,307 $1,769 $17,538
2013 $3,033 $19,307 $1,769 $17,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11814290

Midwest Real Estate Data (MRED)

APN: 13-13-401-046-1003