2869 W Palmer St Unit 5 Chicago, IL 60647
Logan Square NeighborhoodEstimated Value: $482,000 - $555,000
2
Beds
2.5
Baths
1,300
Sq Ft
$294/mo
HOA Fee
Highlights
- Penthouse
- 3-minute walk to California Station (Blue Line - O'hare Branch)
- Wood Flooring
- Rooftop Deck
- Open Floorplan
- Whirlpool Bathtub
About This Home
As of November 2023Welcome to your urban oasis in the heart of Palmer Square! This beautifully updated 2BR/2.5BA top-floor condo offers all the features and amenities you've been dreaming of. This duplex-up home is flooded with natural light and ample living space. The first floor showcases an open concept living & dining area with beautiful hardwood floors. The living room boasts a cozy gas fireplace, while the kitchen is equipped with stainless steel appliances, granite countertops, and an island with dining space. In-unit laundry, walk-in pantry, and a half bath are also on the first floor. On the second level, you'll find the bedrooms and two full baths. The primary bedroom features a walk-in closet and an en-suite bathroom, with a double vanity. But the real showstopper of this home is the private rooftop deck. Imagine sipping your morning coffee or hosting memorable gatherings with friends while taking in breathtaking unobstructed city views. Parking is a breeze with your own designated spot included, ensuring you never have to worry about finding street parking. This home is surrounded by a plethora of restaurants and shops along Milwaukee Avenue, with the California Blue Line stop just a 3-5 minutes away. And with Palmer Square as your backyard, you'll have access to endless outdoor activities and green spaces!
Last Agent to Sell the Property
Coldwell Banker Realty License #475155991 Listed on: 09/14/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,395
Year Built
- Built in 1997
Lot Details
- 5,009
HOA Fees
- $294 Monthly HOA Fees
Home Design
- Penthouse
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,300 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Intercom
Kitchen
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Parking Space
- Off Alley Driveway
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Assigned Parking
Schools
- Darwin Elementary School
- Clemente Community Academy Senio High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Additional Features
- Rooftop Deck
- End Unit
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 5 Units
- Palmer Square Subdivision
- Property managed by Self-Managed
Amenities
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2023
Closed on
Oct 26, 2023
Sold by
Almond David and Almond Lynda Dos
Bought by
Espinosa Andrew
Seller's Agent
Brian Somera
Coldwell Banker Realty
Buyer's Agent
Andy Renaud
@properties Christie's International Real Estate
List Price
$485,000
Sold Price
$485,000
Total Days on Market
11
Views
299
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,704
Avg. Annual Appreciation
3.22%
Original Mortgage
$446,200
Outstanding Balance
$440,819
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$68,885
Purchase Details
Listed on
Apr 17, 2021
Closed on
May 27, 2021
Sold by
Martin Alexander J and Kruse Samantha J
Bought by
Almond David and Santos Lynda Dos
Seller's Agent
Michael John Ferry
@properties Christie's International Real Estate
Buyer's Agent
Brian Somera
Coldwell Banker Realty
List Price
$439,000
Sold Price
$445,000
Premium/Discount to List
$6,000
1.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Purchase Details
Listed on
May 8, 2014
Closed on
Aug 28, 2014
Sold by
Heather Brendan W
Bought by
Martin Alexnder J and Kruse Samantha J
Seller's Agent
Randy Rantz
Green Ivy Realty & Prop Mgmt
Buyer's Agent
Donald Tomaska
Baird & Warner
List Price
$359,900
Sold Price
$327,500
Premium/Discount to List
-$32,400
-9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$285,500
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2010
Sold by
Zamarelli Robert and Mines Kimberly
Bought by
Heater Brendan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2003
Sold by
Lipman Chad C and Lipman Leesa Knox
Bought by
Zamarelli Robert and Mines Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 28, 2000
Sold by
Tsm Properties Inc
Bought by
Lipman Chad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
7.99%
Mortgage Type
Unknown
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Espinosa Andrew | $485,000 | None Listed On Document | |
| Almond David | $445,000 | Proper Title Llc | |
| Martin Alexnder J | $327,500 | First American Title Ins Co | |
| Heater Brendan W | $300,000 | Cti | |
| Zamarelli Robert | $305,000 | Rtc | |
| Lipman Chad | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Espinosa Andrew | $446,200 | |
| Previous Owner | Martin Alexander J | $284,000 | |
| Previous Owner | Martin Alexnder J | $285,500 | |
| Previous Owner | Heater Brendan W | $240,000 | |
| Previous Owner | Zamarelli Robert | $244,000 | |
| Previous Owner | Lipman Chad | $187,000 | |
| Previous Owner | Lipman Chad C | $179,900 | |
| Closed | Zamarelli Robert | $45,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2023 11/16/23 | Sold | $485,000 | 0.0% | $373 / Sq Ft |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 09/14/2023 09/14/23 | For Sale | $485,000 | +9.0% | $373 / Sq Ft |
| 05/27/2021 05/27/21 | Sold | $445,000 | +1.4% | $297 / Sq Ft |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 04/17/2021 04/17/21 | For Sale | $439,000 | +34.0% | $293 / Sq Ft |
| 08/28/2014 08/28/14 | Sold | $327,500 | -3.6% | $218 / Sq Ft |
| 07/21/2014 07/21/14 | Pending | -- | -- | -- |
| 07/17/2014 07/17/14 | Price Changed | $339,900 | -2.9% | $227 / Sq Ft |
| 06/19/2014 06/19/14 | Price Changed | $349,900 | -2.8% | $233 / Sq Ft |
| 05/08/2014 05/08/14 | For Sale | $359,900 | -- | $240 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,229 | $42,571 | $5,659 | $36,912 |
| 2023 | $7,229 | $35,030 | $2,577 | $32,453 |
| 2022 | $7,229 | $35,030 | $2,577 | $32,453 |
| 2021 | $6,395 | $35,028 | $2,576 | $32,452 |
| 2020 | $5,497 | $27,691 | $2,576 | $25,115 |
| 2019 | $5,484 | $30,625 | $2,576 | $28,049 |
| 2018 | $5,371 | $30,625 | $2,576 | $28,049 |
| 2017 | $5,157 | $27,330 | $2,273 | $25,057 |
| 2016 | $5,474 | $27,330 | $2,273 | $25,057 |
| 2015 | $5,008 | $27,330 | $2,273 | $25,057 |
| 2014 | $4,905 | $26,439 | $2,046 | $24,393 |
| 2013 | $4,809 | $26,439 | $2,046 | $24,393 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Somera
Seller's Agent in 2023
Brian Somera
Coldwell Banker Realty
(312) 912-7017
3 in this area
37 Total Sales
-
Lucas Lyons
L
Seller Co-Listing Agent in 2023
Lucas Lyons
Coldwell Banker Realty
(317) 507-0378
1 in this area
21 Total Sales
-
Andy Renaud
Buyer's Agent in 2023
Andy Renaud
@ Properties
(312) 709-2572
5 in this area
34 Total Sales
-
Michael John Ferry
Seller's Agent in 2021
Michael John Ferry
@ Properties
(773) 230-9196
3 in this area
66 Total Sales
-
Randy Rantz
Seller's Agent in 2014
Randy Rantz
Green Ivy Realty & Prop Mgmt
(773) 913-2525
163 Total Sales
-
G
Seller Co-Listing Agent in 2014
Gordon Kopp
Green Ivy Realty & Prop Mgmt
(312) 218-1867
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11884031
APN: 13-36-111-021-1005
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