NOT LISTED FOR SALE

2643 N Hermitage Ave Unit PH2 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $439,000 - $3,117,481

5 Beds
5.5 Baths
5,200 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $2,850,000 $548 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $12,439/month

69 Days on Market

Highlights

  • Greenhouse
  • Fitness Center
  • Rooftop Deck
  • Prescott Elementary School Rated A-
  • New Construction
  • LEED For Homes Platinum Status

About This Home

As of February 2022

NOW is the perfect time to call Norweta home! Brand-new construction luxury penthouse in Chicago's exclusive Lincoln Park neighborhood. Built to achieve LEED Platinum, this 5 bed / 5.1 bath sun-drenched corner duplex up penthouse boasts 5,200 sq ft of indoor living/entertainment space and 1,530sf of outdoor entertainment space. Interior spaces designed by Gary Lee Partners spare no expense. Top-of-the-line high-end finishes include a custom kitchen with a Wolf, Sub-Zero appliance package and Hans Grohe fixtures. Custom cabinetry, Julien sink, Wolf range hood ventilated to the outside, side-by-side refrigerator and freezer, quartz countertop and backsplash, spectacular quartz island with waterfall sides. The main level has an almost 80' long window line and includes a high-end wet bar complete with integrated wine cooler, sink and storage. Take an elevator to your front door to enjoy a chef's kitchen, three bedrooms, a study, living room, dining room, laundry room, two balconies (one with a gas line and a water line), all on one floor. The second level completes the penthouse experience with your 4th and 5th bedrooms, family room, solarium, and a 77' long terrace expanding the width of the entire home. All bedrooms come complete with custom wood closets. Exquisite bathrooms with Waterworks fixture package, Duravit sinks and toilets, curbless tile shower bases, quartz countertops, custom floating vanities, frameless glass showers and full height mirrors. Additional interior features include J-Geiger remote control shades on Pella windows, 9'-10' ceilings, rift and quartered white oak hardwood floors, and pre-wired in-ceiling speaker locations in the living room, kitchen, Master Bedroom/Bathroom and family room. Incredible attention to detail throughout. Elegant exterior design by Pappageorge Haymes Partners, landscape design by site design group. 54' of green amenity space between each building with almost an acre of shared outdoor spaces. There you'll find an outdoor kitchen and eating areas, BBQ grill, fire pit, outdoor chess set, sport court w/basketball hoop, hammock garden, walkway to the resort-style heated outdoor pool. Indoors you'll find a state-of-the-art fitness center w/Peloton bikes and Mirror, business center featuring Starbucks coffee, four-season solarium, welcome lounge, on-site property management, heated indoor garage (unit comes with two parking spaces), bike storage, dog washing station and relief area, and storage lockers. This incredible development is unlike any other in the Chicagoland area and only has two condos remaining. Schedule a tour with us today!

Last Agent to Sell the Property

Samuel Kahn

Compass License #475163612 Listed on: 11/01/2021

Compass

Co-Listed By

Aaron Galvin

Luxury Living Real Estate License #471003005

Last Buyer's Agent

Scott McKibben

McKibben Realty LLC License #471016505

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $66,776

Year Built

  • Built in 2020 | New Construction

Lot Details

  • End Unit
  • Landscaped Professionally
  • Additional Parcels

HOA Fees

  • $1,512 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Parking Included in Price

Home Design

  • Half Duplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,200 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level

Eco-Friendly Details

  • LEED For Homes Platinum Status

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace
  • Greenhouse

Schools

  • Prescott Elementary School
  • Lincoln Park High School

Utilities

  • Central Air
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 16 Units
  • Property managed by Broder Management LLC
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Business Center
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$66,776

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$1,512 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo
  • Ownership: Condo
  • New Construction: Yes
  • Property Sub-Type: 1/2 Duplex,Condo
  • Year Built: 2020
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Cooktop, Built-In Oven, Range Hood
  • Basement: None
  • Accessibility Features: Ramp - Main Level
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, Second Floor Laundry, Walk-In Closet(s), Drapes/Blinds
  • LivingArea: 5200
  • Other Equipment: Fire Sprinklers
  • Room Type: Study, Balcony/Porch/Lanai, Terrace, Other Room, Bedroom 5, Sun Room
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 2950000
  • Lot Features: Common Grounds, Landscaped
  • OtherStructures: Greenhouse
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Sep Heating Systems - 2+
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1512
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Pool, Security Door Lock(s), Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Broder Management LLC
  • Management Contact Name: TBD
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other

Schools

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

Lot Info

  • Additional Parcels Description: 14304032731019,14304032731021
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Green Features

  • Green Building Verification Type: LEED-H Platinum

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: 66775.92
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 23, 2022
Sold by
Broder 1730 Ww Condominium Llc
Bought by
Mckibben Scott and Mckibben Sandra
Seller's Agent
Samuel Kahn
Compass
Buyer's Agent
Scott McKibben
McKibben Realty LLC
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%
Current Estimated Value
$1,694,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,155,506
Avg. Annual Appreciation
-13.30%

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 15, 2022
Sold by
Broder 1730 Ww Condominium Llc
Bought by
Mckibben Scott and Mckibben Sandra
Seller's Agent
Samuel Kahn
Compass
Buyer's Agent
Scott McKibben
McKibben Realty LLC
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%
Source: Public Records

Range of Values:

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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
Mckibben Scott -- --
Mckibben Scott -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $2,850,000 -3.4% $548 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $2,950,000 -- $567 / 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 $55,279 $284,240 $65,470 $218,770
2023 $53,889 $262,000 $52,798 $209,202
2022 $53,889 $262,000 $52,798 $209,202
2021 $11,038 $54,890 $52,798 $2,092
2020 $64,832 $291,029 $25,946 $265,083
2019 $63,490 $316,008 $25,946 $290,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260438

Midwest Real Estate Data (MRED)

APN: 14-30-403-273-1014