NOT LISTED FOR SALE

2643 N Hermitage Ave Unit PH4 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $439,000 - $1,922,744

4 Beds
4.5 Baths
3,100 Sq Ft
$848/mo HOA Fee

Last Sold July 30, 2021

Last sale price $1,640,000 $529 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $10,067/month

175 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Landscaped Professionally
  • Prescott Elementary School Rated A-
  • Rooftop Deck
  • Lock-and-Leave Community

About This Home

As of July 2021

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 4 bed / 4.1 bath duplex up penthouse boasts 3,100 sq ft of indoor living/entertainment space and 1,090 sf 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. Take an elevator to your front door to enjoy a chef's kitchen, two bedrooms, living room, dining room, laundry room, expansive balcony (with a gas line and a water line), all on one floor. The second level completes the penthouse experience with your 3rd and 4th bedrooms, family room, and a huge 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 is over 80% sold. Schedule a tour with us today!

Last Agent to Sell the Property

Samuel Kahn

Compass License #475163612 Listed on: 12/07/2020

Compass

Co-Listed By

Aaron Galvin

Luxury Living Real Estate License #471003005

Last Buyer's Agent

Samuel Kahn

Compass License #475163612 Listed on: 12/07/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,743

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Landscaped Professionally

HOA Fees

  • $848 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,100 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Family Room
  • Living Room
  • Formal Dining Room
  • Game Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 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

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace

Schools

  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • 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

  • Sundeck
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,743

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$848 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: Yes
  • Property Sub-Type: Condo,Penthouse
  • 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: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven, Range Hood
  • Basement: None
  • Accessibility Features: Ramp - Main Level
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3100
  • Other Equipment: Fire Sprinklers
  • Room Type: Balcony/Porch/Lanai, Game Room, Terrace, Other 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: Other

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 1695000
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),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, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 848
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Sundeck, 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

  • High School: Lincoln Park High 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: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 34743.38
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jul 27, 2021
Sold by
Broder 1730 Ww Condominium Llc
Bought by
Raper Joseph and Raper Holly
Seller's Agent
Samuel Kahn
Compass
Buyer's Agent
Samuel Kahn
Compass
List Price
$1,695,000
Sold Price
$1,640,000
Premium/Discount to List
-$55,000
-3.24%
Current Estimated Value
$1,237,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$402,085
Avg. Annual Appreciation
-4.16%
Original Mortgage
$1,148,000
Outstanding Balance
$1,047,665
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$332,134
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
Raper Joseph $1,640,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raper Joseph $1,148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $1,640,000 -3.2% $529 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $1,695,000 -- $547 / 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 $29,683 $155,544 $35,827 $119,717
2023 $28,915 $144,000 $28,893 $115,107
2022 $28,915 $144,000 $28,893 $115,107
2021 $28,957 $143,999 $28,892 $115,107
2020 $35,478 $159,258 $14,198 $145,060
2019 $34,743 $172,928 $14,198 $158,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10948546

Midwest Real Estate Data (MRED)

APN: 14-30-403-273-1016