2920 N Commonwealth Ave Unit 5 Chicago, IL 60657
Lakeview East Neighborhood
3
Beds
3
Baths
3,000
Sq Ft
$1,595/mo
HOA Fee
Highlights
- Wood Flooring
- Gallery
- Den
- Nettelhorst Elementary School Rated A-
- End Unit
- Walk-In Pantry
About This Home
As of August 2020Hands down, the best deal in town. Enormous 3000 square foot vintage condominium in preferred tier of a classic pre-war elevator building offers classic elegance and a wonderful floor plan for living and entertaining. Enter the residence through a fabulously grand barrel vaulted gallery flanked by large formal living and dining rooms. In contrast to most vintage condos, this has a fantastic great room off the kitchen with enough space for a kitchen table and huge hang-out area. Three good-sized bedrooms include master with a renovated bath with double bowl vanity. Complete laundry station set up next to the wet bar off the kitchen. Separate den could be used as 4th bedroom if needed. Central air. The building is located on a peaceful street set back from Lake Shore Drive without any hint of noise or traffic. Terrific onsite staff. Great common roof deck w/grill, table, chairs and views. Walk (run or bike) to the park, lake, and all the neighborhood amenities steps away!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,934
Year Built
- 1929
Lot Details
- End Unit
- Southern Exposure
- East or West Exposure
HOA Fees
- $1,595 per month
Parking
- Attached Garage
Home Design
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- Wet Bar
- Den
- Storage
- Gallery
- Wood Flooring
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Oven
- Cooktop with Range Hood
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
Laundry
- Dryer
- Washer
Home Security
Utilities
- SpacePak Central Air
- Radiator
- Hot Water Heating System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
- $5,000 Seller Concession
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%
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
$311,073
Avg. Annual Appreciation
7.96%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $597,500 | Attorney | |
| Warranty Deed | $1,030,000 | Multiple | |
| Trustee Deed | $543,000 | Ticor Title Insurance | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $450,000 | -- | |
| Warranty Deed | $234,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $478,000 | New Conventional | |
| Previous Owner | $375,000 | Unknown | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $413,000 | Unknown | |
| Previous Owner | $433,850 | No Value Available | |
| Previous Owner | $305,000 | No Value Available | |
| Previous Owner | $281,600 | No Value Available |
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
-
N
Seller's Agent in 2020
Nenad Dragojlovich
Kale Realty
(773) 899-3235
1 in this area
10 Total Sales
-
Seller's Agent in 2020
Brad Lippitz
Compass
(847) 778-6207
127 in this area
533 Total Sales
-
S
Buyer's Agent in 2020
Scott McPhee
Real Properties Realty Group, Inc.
(630) 742-1760
1 in this area
4 Total Sales
-
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: MRD10584204
APN: 14-28-204-008-1004
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