NOT LISTED FOR SALE

2920 N Commonwealth Ave Unit 5 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $729,000 - $1,045,250

3 Beds
3 Baths
2,500 Sq Ft
8,494 Sq Ft Lot

Sale Details

Date Sold: August 5, 2020

Last sale price $740,000 $296 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,537 / mo

29 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Walk-In Pantry
  • Nettelhorst Elementary School Rated A-
  • End Unit
  • Double Oven

About This Home

As of August 2020

OUTSTANDING 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.

Last Agent to Sell the Property

Nenad Dragojlovich

Kale Realty Listed on: 06/12/2020

Kale Realty

Last Buyer's Agent

Scott McPhee

Real Properties Realty Group, Inc. License #475143334

Property Details

Home Type

  • Condominium

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

Property Details

Home Type

Condominium

Year Built | Renovated

1932 | 2013

Lot Details

8,494 Sq Ft Lot

HOA Fees

$1,347 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 5
  • Age: 81-90 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2013
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1932
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories), Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13
  • Year Built: 1932
  • Year Renovated: 2013

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 27X15, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, Range Hood, Water Purifier, Water Purifier Owned
  • Equipment: TV-Cable
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X7, On Level: Main Level, Flooring: Marble
  • Dining Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Walk-in
  • Additional Rooms: Pantry, Foyer
  • Master Bedroom: Dimensions: 19X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Pantry, Dimensions: 9X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Foyer, Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2500

Exterior Features

  • Exterior Building Type: Brick, Limestone
  • Exterior Property Features: Roof Deck, Storms/Screens, Outdoor Grill, End Unit
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, On Site Manager/Engineer, Sundeck, Security Door Locks, Service Elevator
  • Assessment Includes: Heat, Water, Common Insurance, TV/Cable, Exterior Maintenance, Scavenger, Internet Access
  • Special Assessments: Y
  • Assessment Association Fees: 1347
  • Management Contact Name: Chris
  • Management Phone: 773-975-7234

Fee Information

  • Management Company: Kass Management
  • Lowest Parking Fee: 235
  • Highest Parking Fee: 235
  • Lease Amount: 235

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14282040081016

Multi Family

  • Total Number Unitsin Building: 24
  • Number Stories: 13

Tax Info

  • Taxes: 13068.55

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%
Current Estimated Value
$871,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,313
Avg. Annual Appreciation
6.50%
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%
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
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 $500,000
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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
2025 $17,934 $80,297 $4,388 $75,909
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

  • N

    Seller's Agent in 2020

    Nenad Dragojlovich

    Kale Realty

    (773) 899-3235

    9 Total Sales

    Nenad Dragojlovich
    Section Image
  • Brad Lippitz

    Seller's Agent in 2020

    Brad Lippitz

    Compass

    (847) 778-6207

    125 in this area

    524 Total Sales

    Brad Lippitz
    Section Image

  • S

    Buyer's Agent in 2020

    Scott McPhee

    Real Properties Realty Group, Inc.

    (630) 742-1760

    3 Total Sales

    Scott McPhee
    Section Image
  • Donna Wilkens

    Buyer's Agent in 2020

    Donna Wilkens

    Jameson Sotheby's Intl Realty

    (773) 419-9265

    2 in this area

    25 Total Sales

    Donna Wilkens
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10745395

Midwest Real Estate Data (MRED)

APN: 14-28-204-008-1004

Illinois Cook County Chicago 60657 Lakeview East

2920 N Commonwealth Ave Unit 5, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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