NOT LISTED FOR SALE

2846 N Southport Ave Unit 3S Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $677,000 - $761,000

2 Beds
2 Baths
1,675 Sq Ft
$489/mo HOA Fee

Last Sold October 08, 2024

Last sale price $697,500 $416 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,271/month

8 Days on Market

Highlights

  • Penthouse
  • Lock-and-Leave Community
  • Whirlpool Bathtub
  • Augustus H. Burley Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to South Lakeview Park

About This Home

As of October 2024

Welcome to this exceptional 2-bedroom, 2-bathroom penthouse located in a chic boutique elevator building. Featuring soaring 10.5' ceilings and an extra-wide, open layout that defines this sophisticated residence. The expansive open-concept living, dining, and kitchen areas are designed with both style and comfort in mind. A full wall of custom built-ins, a cozy fireplace, and floor-to-ceiling windows create a bright and inviting atmosphere. The large kitchen features white cabinets, granite countertops, and stainless-steel appliances-perfect for both everyday living and entertaining guests. Retreat to the serene primary suite, complete with a custom-organized closet and a recently updated primary bath. Additional highlights include attached heated garage parking (Sold Separately), exclusive roof rights, and the highly sought-after Burley School District. Enjoy the charm of a gorgeous tree-lined street while being just steps from the vibrant Southport Corridor. Don't miss your chance to experience this exceptional penthouse.

Last Agent to Sell the Property

Brendan Murphy

Jameson Sotheby's Intl Realty License #475162830 Listed on: 08/13/2024

Jameson Sotheby's Intl Realty

Co-Listed By

Taylor Nirchi

Jameson Sotheby's Intl Realty License #475194530

Last Buyer's Agent

Cara Buffa

Berkshire Hathaway HomeServices Chicago License #475155015

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,221

Year Built

  • Built in 2001

Lot Details

  • 5,837

HOA Fees

  • $489 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Deeded Parking Sold Separately

Home Design

  • Penthouse
  • Rubber Roof

Interior Spaces

  • 1,675 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Burley Elementary School

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger
  • 6 Units
  • Cory Association
  • Property managed by Westward Management
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,221

Year Built

Built in 2001

Lot Details

0

HOA Fees

$489 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • 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, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1675
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Double Pane Windows,Screens
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Block,Limestone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 489
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward Management
  • Management Contact Name: Cory
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Burley Elementary School
  • Middle/Junior School: Burley Elementary School

Lot Info

  • Additional Parcels: Yes
  • 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: 11221.02
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Oct 4, 2024
Sold by
Rigas Jessica
Bought by
Budzynski Michal
Seller's Agent
Brendan Murphy
Jameson Sotheby's Intl Realty
Buyer's Agent
Cara Buffa
Berkshire Hathaway HomeServices Chicago
List Price
$700,000
Sold Price
$697,500
Premium/Discount to List
-$2,500
-0.36%
Views
10
Current Estimated Value
$729,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,080
Avg. Annual Appreciation
4.51%
Original Mortgage
$490,000
Outstanding Balance
$484,365
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$245,215

Purchase Details

Listed on
Feb 19, 2018
Closed on
Apr 17, 2018
Sold by
Cohen Rachel and Zelik Justin
Bought by
Rigas Jessica
Seller's Agent
Tommy Choi
Keller Williams ONEChicago
Buyer's Agent
Colin Hebson
Baird & Warner
List Price
$589,900
Sold Price
$580,000
Premium/Discount to List
-$9,900
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$348,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2015
Closed on
Jul 27, 2015
Sold by
Grabowski Between Julia
Bought by
Cohen Rachel
Seller's Agent
Elizabeth Kirchner
Engel & Voelkers Chicago
Buyer's Agent
Joshua Weinberg
Keller Williams ONEChicago
List Price
$570,000
Sold Price
$545,000
Premium/Discount to List
-$25,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
Sep 11, 2014
Closed on
Jan 6, 2015
Sold by
Garofolo Robert and Garofolo Kathleen Meghan
Bought by
Grabowski Julia
Seller's Agent
Joan Dim
Baird & Warner
Buyer's Agent
Elizabeth Kirchner
Engel & Voelkers Chicago
List Price
$579,000
Sold Price
$532,000
Premium/Discount to List
-$47,000
-8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$425,600
Interest Rate
4%
Mortgage Type
New Conventional
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
Budzynski Michal $697,500 Chicago Title
Rigas Jessica $580,000 Chicago Title
Cohen Rachel $545,000 Stewart Title
Cohen Rachel $545,000 Stewart Title
Grabowski Julia $532,000 Baird & Warner Title Svcs In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budzynski Michal $490,000
Previous Owner Rigas Jessica $348,000
Previous Owner Grabowski Julia $425,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Sold $697,500 -0.4% $416 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $700,000 +20.7% $418 / Sq Ft
04/20/2018 04/20/18 Sold $580,000 -1.7% -- View Prior Sale
02/26/2018 02/26/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $589,900 +8.2% --
07/27/2015 07/27/15 Sold $545,000 -4.4% $326 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $570,000 0.0% $341 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $570,000 +7.1% $341 / Sq Ft
01/06/2015 01/06/15 Sold $532,000 -5.8% $319 / Sq Ft View Prior Sale
11/20/2014 11/20/14 Pending -- -- --
10/20/2014 10/20/14 Price Changed $565,000 -2.4% $338 / Sq Ft
09/11/2014 09/11/14 For Sale $579,000 -- $347 / 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 $11,116 $61,894 $17,754 $44,140
2023 $10,814 $56,000 $15,313 $40,687
2022 $10,814 $56,000 $15,313 $40,687
2021 $10,591 $55,999 $15,313 $40,686
2020 $10,977 $49,275 $5,727 $43,548
2019 $10,804 $53,776 $5,727 $48,049
2018 $9,944 $53,776 $5,727 $48,049
2017 $7,122 $36,460 $5,154 $31,306
2016 $6,802 $36,460 $5,154 $31,306
2015 $6,200 $36,460 $5,154 $31,306
2014 $5,405 $31,700 $4,199 $27,501
2013 $5,287 $31,700 $4,199 $27,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12136932

Midwest Real Estate Data (MRED)

APN: 14-29-125-059-1007