NOT LISTED FOR SALE

2851 N Southport Ave Unit GAR1 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $560,100 - $651,000

2 Beds
3 Baths
1,500 Sq Ft
$244/mo HOA Fee

Last Sold March 05, 2020

Last sale price $415,000 $277 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,398/month

153 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Skylights
  • Prescott Elementary School Rated A-
  • Balcony
  • 2-minute walk to South Lakeview Park

About This Home

As of March 2020

Spectacular location in Lakeview bordering Lincoln Park. Entertain on the 1st floor with 1/2 bath, kitchen and living/dining room and balcony, while enjoying privacy of 2 bedrooms plus 3rd small bedroom/Office/Den on 2nd floor in this spacious, private feeling duplex, East facing unit that feels like a single family house. Largest model in complex, Hardwood floors, fireplace, and powder room, full side by side laundry on first level, with separate dining room area featuring walk out private balcony for bbq grill, etc. Warm feeling in stainless steel, maple cabinet kitchen with large bay windows attached to dining room. Second floor features skylights, marble tile baths, master suite, plus office/den/small 3rd bedroom. Nest Thermostat, newer water heater and HVAC motor. 2 car parking, one deeded garage spot and one driveway. Unit has been professionally painted neutral gray and cleaned, move in ready! Enjoy Lakeview and Lincoln Park - Convenient to everything! Motivated seller! Renting approved, FHA possible.

Last Agent to Sell the Property

Mark Weitekamper

Haderlein & Co. Realtors License #471004491 Listed on: 08/19/2019

Last Buyer's Agent

Jeremy Jackson

Fulton Grace Realty License #471019804

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $211

Year Built

  • 1992

Lot Details

  • 6,229

HOA Fees

  • $244 per month

Parking

  • Attached Garage
  • Parking Available
  • Tandem Garage
  • Shared Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Skylights
  • Gas Log Fireplace
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$211

Year Built

1992

Lot Details

0

HOA Fees

$244 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1992
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex, Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1992

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X15, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Security System, CO Detectors
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X4, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room: Dimensions: 9X10, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 15X12, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 8X9, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 10X11, On Level: 3rd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1500

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete, Shared
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 244
  • Management Contact Name: Leslie Albrecht
  • Management Phone: 773-965-2330

Fee Information

  • Management Company: Self managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14291260391010

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 3

Tax Info

  • Taxes: 7815.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Feb 29, 2020
Sold by
Zellistic Llc
Bought by
Tornquist Nathan T and Tornquist Anna K
Seller's Agent
Mark Weitekamper
Haderlein & Co. Realtors
Buyer's Agent
Jeremy Jackson
Fulton Grace Realty
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Current Estimated Value
$595,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,700
Avg. Annual Appreciation
6.52%
Original Mortgage
$311,250
Outstanding Balance
$276,280
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$319,420

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 9, 2017
Sold by
Wartemberg John
Bought by
Zellistic Llc
Seller's Agent
Bridget Foley
Landstar Realty Group, Inc.
Buyer's Agent
Crystal Banks
Landstar Realty Group, Inc.
Sold Price
$2,500

Purchase Details

Closed on
Jul 15, 2009
Sold by
Caddick Bradley G and Caddick Nicole
Bought by
Wartemberg John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,800
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2005
Sold by
Swartz Jesse and Swartz Jennifer
Bought by
Caddick Bradley and Caddick Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tornquist Nathan T $415,000 Landtrust National Title
Zellistic Llc -- None Available
Wartemberg John $416,000 1St American Title
Caddick Bradley $418,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tornquist Nathan T $311,250
Previous Owner Wartemberg John $332,800
Previous Owner Caddick Bradley $334,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2020 03/05/20 Sold $415,000 0.0% $277 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
10/15/2019 10/15/19 Price Changed $415,000 -1.1% $277 / Sq Ft
09/25/2019 09/25/19 Price Changed $419,500 -2.1% $280 / Sq Ft
09/08/2019 09/08/19 Price Changed $428,500 -1.5% $286 / Sq Ft
08/19/2019 08/19/19 For Sale $435,000 0.0% $290 / Sq Ft
08/15/2017 08/15/17 Rented $2,500 0.0% --
07/13/2017 07/13/17 Price Changed $2,500 -9.1% $2 / Sq Ft
07/05/2017 07/05/17 Price Changed $2,750 -1.8% $2 / Sq Ft
06/16/2017 06/16/17 For Rent $2,800 -- --
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 $211 $1,734 $484 $1,250
2023 $205 $1,000 $390 $610
2022 $205 $1,000 $390 $610
2021 $201 $999 $390 $609
2020 $319 $1,433 $156 $1,277
2019 $314 $1,563 $156 $1,407
2018 $309 $1,563 $156 $1,407
2017 $318 $1,478 $140 $1,338
2016 $296 $1,478 $140 $1,338
2015 $271 $1,478 $140 $1,338
2014 $264 $1,422 $114 $1,308
2013 $259 $1,422 $114 $1,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10490359

Midwest Real Estate Data (MRED)

APN: 14-29-126-039-1011