2920 N Commonwealth Ave Unit 5 Chicago, IL 60657
Lakeview East NeighborhoodEstimated Value: $841,000 - $984,000
3
Beds
3
Baths
2,500
Sq Ft
$1,347/mo
HOA Fee
Highlights
- Rooftop Deck
- Wood Flooring
- Walk-In Pantry
- Nettelhorst Elementary School Rated A-
- End Unit
- Double Oven
About This Home
As of August 2020OUTSTANDING renovation of vintage home in pre-war boutique bldg. 2 homes per floor. Desirable East Lakeview location steps from Lincoln Park running/biking paths and Lake Michigan. Quiet, one-way street. Current owners upgraded every square inch with high-end custom finishes, creating a truly one of a kind home that preserves vintage elegance w/ all modern amenities. Gracious floor plan provides living space on one level, featuring separate, formal living & dining rooms & grand foyer with domed-ceiling. The kitchen/butler's pantry are truly chef's grade w/ custom white cabinetry, carrera marble c-tops and backsplash, high-end integrated Miele, SubZero, Wolf appliances, gas cooktop, double oven, two freezer drawers, and separate double-door large pantry. The master bedroom has his/hers closets (one walk-in), ensuite bathroom w/ extra large rain shower, separate soaking tub, marble finishes & RH vanity. The 2nd & 3rd baths have also been meticulously renovated. One of the only units in the building with a full size laundry room, including custom built-ins and marble floors. The 2nd & 3rd BRs are generously sized. Owners had custom shelving and organizers installed in all the closets and storage spaces. Dual zone Space Pac, richly stained herringbone pattern oak hardwood floors, crown molding, picture moldings, solid core doors, vintage hardware, custom living room built-ins & window treatments throughout complete this home. Onsite parking and terrific staff. There is a waitlist for parking in the building but there are several parking spots available for rent in the area. Great common roof deck w/grill, table, chairs and views. Walk to the lake, park, bike/running path, shops, Marianos, Trader Joe's, casual & fine dining, cafes & more. Dog friendly. Located in top-rated Nettlehorst school district.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,934
Year Built | Renovated
- 1932 | 2013
Lot Details
- End Unit
- East or West Exposure
HOA Fees
- $1,347 per month
Parking
- Attached Garage
- Heated Garage
Home Design
- Brick Exterior Construction
- Limestone
Interior Spaces
- Built-In Features
- Decorative Fireplace
- Entrance Foyer
- Wood Flooring
- Washer and Dryer Hookup
Kitchen
- Walk-In Pantry
- Double Oven
- Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Soaking Tub
- Separate Shower
Home Security
Eco-Friendly Details
- North or South Exposure
Outdoor Features
- Rooftop Deck
- Outdoor Grill
Utilities
- SpacePak Central Air
- Radiator
- Hot Water Heating System
- Lake Michigan Water
- Water Purifier
- Water Purifier is Owned
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Common Area
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2019
Closed on
Feb 14, 2020
Sold by
Gray Steven
Bought by
Walsh Stephen P and Walsh Erin K
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Donna Wilkens
Jameson Sotheby's Intl Realty
List Price
$635,000
Sold Price
$597,500
Premium/Discount to List
-$37,500
-5.91%
Total Days on Market
29
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
$320,248
Avg. Annual Appreciation
8.59%
Original Mortgage
$478,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2004
Sold by
Schuler Frederick D and Schuler Jennifer T
Bought by
Gray Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 27, 1998
Sold by
Hoffman Dennis
Bought by
Schuler Frederick D and Schuler Jennifer T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,850
Interest Rate
6.87%
Purchase Details
Closed on
Dec 16, 1997
Sold by
Hoffman Dennis and Hoffman Peggy U
Bought by
Hoffman Peggy U and Peggy U Hoffman Revocable Trust
Purchase Details
Closed on
May 24, 1996
Sold by
Quenemoen Gary L and Quenemoen Sharon K
Bought by
Hoffman Dennis and Hoffman Peggy U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
8.1%
Purchase Details
Closed on
Apr 1, 1994
Sold by
Alt Claudia J
Bought by
Quenemoen Gary L and Quenemoen Sharon K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
6.25%
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walsh Stephen P | $597,500 | Attorney | |
| Gray Steven | $1,030,000 | Multiple | |
| Schuler Frederick D | $543,000 | Ticor Title Insurance | |
| Hoffman Peggy U | -- | -- | |
| Hoffman Dennis | -- | -- | |
| Hoffman Dennis | $450,000 | -- | |
| Quenemoen Gary L | $234,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Walsh Stephen P | $478,000 | |
| Previous Owner | Gray Steven | $375,000 | |
| Previous Owner | Gray Steven | $500,000 | |
| Previous Owner | Schuler Frederick D | $413,000 | |
| Previous Owner | Schuler Frederick D | $433,850 | |
| Previous Owner | Hoffman Dennis | $305,000 | |
| Previous Owner | Quenemoen Gary L | $281,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2020 08/05/20 | Sold | $740,000 | -5.0% | $296 / Sq Ft |
| 07/11/2020 07/11/20 | Pending | -- | -- | -- |
| 06/12/2020 06/12/20 | For Sale | $779,000 | +30.4% | $312 / Sq Ft |
| 03/30/2020 03/30/20 | Sold | $597,500 | -5.9% | $199 / Sq Ft |
| 01/07/2020 01/07/20 | Pending | -- | -- | -- |
| 12/02/2019 12/02/19 | For Sale | $635,000 | -- | $212 / 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 | $17,934 | $80,297 | $4,388 | $75,909 |
| 2023 | $17,483 | $85,000 | $3,539 | $81,461 |
| 2022 | $17,483 | $85,000 | $3,539 | $81,461 |
| 2021 | $17,092 | $84,999 | $3,538 | $81,461 |
| 2020 | $16,073 | $75,255 | $2,335 | $72,920 |
| 2019 | $15,871 | $82,424 | $2,335 | $80,089 |
| 2018 | $15,603 | $82,424 | $2,335 | $80,089 |
| 2017 | $10,423 | $51,793 | $2,052 | $49,741 |
| 2016 | $9,873 | $51,793 | $2,052 | $49,741 |
| 2015 | $9,010 | $51,793 | $2,052 | $49,741 |
| 2014 | $11,352 | $63,753 | $1,680 | $62,073 |
| 2013 | $11,952 | $68,343 | $1,680 | $66,663 |
Source: Public Records
Agents Affiliated with this Home
-
Nenad Dragojlovich
N
Seller's Agent in 2020
Nenad Dragojlovich
Kale Realty
(773) 899-3235
1 in this area
10 Total Sales
-
Brad Lippitz
Seller's Agent in 2020
Brad Lippitz
Compass
(847) 778-6207
125 in this area
530 Total Sales
-
Scott McPhee
S
Buyer's Agent in 2020
Scott McPhee
Real Properties Realty Group, Inc.
(630) 742-1760
1 in this area
4 Total Sales
-
Donna Wilkens
Buyer's Agent in 2020
Donna Wilkens
Jameson Sotheby's Intl Realty
(773) 419-9265
3 in this area
30 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10745395
APN: 14-28-204-008-1004
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