NOT LISTED FOR SALE

2851 W Shakespeare Ave Unit 3 Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $670,000 - $702,000

3 Beds
2 Baths
1,600 Sq Ft
$125/mo HOA Fee

Last Sold March 28, 2019

Last sale price $495,000 $309 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,770/month

24 Days on Market

Highlights

  • Vaulted Ceiling
  • 4-minute walk to California Station (Blue Line - O'hare Branch)
  • Storage
  • Wood Flooring
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

Exceptionally located, hot Logan Square 3 Bedroom/2 Bath Penthouse, with private roof top deck. The sunny top floor unit features high ceilings, crown moulding, hardwood flooring, and private access to roof deck, which runs the length and width of the entire building, approximately 1500 sqft. Spacious Kitchen with granite counter tops, stainless steel appliances, and breakfast bar. Large living/dining area with Juliet balcony, and wood burning fireplace with gas starter. Master Bedroom has southern exposure, with private 10x10 deck, ample closet space, and master bath has dual vanities with spa tub. 2nd and 3rd bedrooms almost 11x11 each, with good closet space. Washer/Dryer in unit, central heating and a/c with Nest thermostat. Walk to everything: 1 block to the California Blue Line, The 606 Trial, Palmer Square Park, Logan Square dining and nightlife. Additional storage and secured tandem parking spot come with unit, plenty for 2 cars.

Last Agent to Sell the Property

James Mooney

Compass License #471007388 Listed on: 02/04/2019

Compass

Co-Listed By

Daniel Pape

HUDSON PARKER License #471010463

Last Buyer's Agent

Courtney Welsch

Baird & Warner License #475147874

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,057

Year Built

  • 2006

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $125 per month

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Limestone

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Storage
  • Wood Flooring

Kitchen

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

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Eco-Friendly Details

  • North or South Exposure

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,057

Year Built

2006

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2006

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 2X4, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1600
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Limestone
  • Roof Type: Rubber
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance
  • Assessment Association Fees: 125
  • Management Contact Name: SELF MANAGED
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: SELF MANAGED

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 13361180301003

Multi Family

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

Tax Info

  • Taxes: 8971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 21, 2019
Sold by
Kreis Steven P
Bought by
Mcdonnell Shannon R
Seller's Agent
James Mooney
Compass
Buyer's Agent
Courtney Welsch
Baird & Warner
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%
Current Estimated Value
$683,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,446
Avg. Annual Appreciation
4.96%
Original Mortgage
$100,000
Outstanding Balance
$66,572
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$608,956

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 12, 2016
Sold by
Chesney Joseph Lee and Chesney Beverly H
Bought by
Kreis Steven P
Seller's Agent
Joe Betancourt
Betancourt Realty
Buyer's Agent
Joshua Eldridge
@properties Christie's International Real Estate
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$450,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chesney Joseph Lee and Chesney Beverly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,625
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
2851 W Shakespeare Llc
Bought by
Cisternino Michele P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,682
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcdonnell Shannon R $495,000 First American Title
Kreis Steven P $450,000 Attorneys Title Guaranty Fun
Chesney Joseph Lee $191,500 Atgf Inc
Cisternino Michele P $415,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonnell Shannon R $100,000
Previous Owner Kreis Steven P $450,000
Previous Owner Chesney Joseph Lee $175,000
Previous Owner Chesney Joseph Lee $143,625
Previous Owner Cisternino Michele P $382,500
Previous Owner Cisternino Michele P $41,682
Previous Owner Cisternino Michele P $333,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $495,000 -3.9% $309 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $515,000 +14.4% $322 / Sq Ft
01/12/2016 01/12/16 Sold $450,000 +5.9% $281 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $425,000 -- $266 / 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 $11,057 $59,602 $7,976 $51,626
2023 $10,778 $52,223 $3,632 $48,591
2022 $10,778 $52,223 $3,632 $48,591
2021 $10,536 $52,221 $3,631 $48,590
2020 $9,097 $40,687 $3,631 $37,056
2019 $9,074 $44,999 $3,631 $41,368
2018 $8,889 $44,999 $3,631 $41,368
2017 $8,971 $41,674 $3,204 $38,470
2016 $7,847 $41,674 $3,204 $38,470
2015 $7,156 $41,674 $3,204 $38,470
2014 $4,798 $28,431 $2,884 $25,547
2013 $4,693 $28,431 $2,884 $25,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10263345

Midwest Real Estate Data (MRED)

APN: 13-36-118-030-1003