$245,000
SOLD MAY 30, 2024
1 Bed
1 Bath
1,000 Sq Ft
$901/mo HOA Fee

Recently Sold

$245 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Party Room
  • Nettelhorst Elementary School Rated A-
  • Wood Flooring
  • Elevator

About This Home

As of May 2024

Located on the main floor of one of East Lakeview's most prestigious pre-war buildings, apartment 1C is the only one bedroom unit in the building and is just around the corner from the main lobby. A lovely entry foyer with two large closets leads to a gracious living room, dining room and kitchen. Many custom built-in features have been added. Back through the foyer and separated from the living spaces is one spacious bedroom with another large closet and one bathroom. Large windows, crown moldings and hardwood flooring are additional features. For many years this apartment has been used for a guest suite and work space for the current owner with a larger home in the building. It is perfect for that use, for a primary city apartment, a nanny/in-law suite and a pied-a-terre. Public transportation, park and lake access are just steps away.

Last Agent to Sell the Property

Wade Marshall

Engel & Voelkers Chicago License #475129060 Listed on: 04/09/2024

Engel & Voelkers Chicago

Last Buyer's Agent

Camille Canales

Compass License #475167459

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 1925

HOA Fees

  • $901 Monthly HOA Fees

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Nettelhorst Elementary School

Utilities

  • No Cooling
  • Radiator
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 65 Units
  • Kenny Parquette Association, Phone Number (312) 475-9400
  • Property managed by Advantage

Amenities

  • Doorman
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Lobby

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,364

Year Built

Built in 1925

Lot Details

0

HOA Fees

$901 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Built-in Features, Walk-In Closet(s), Bookcases, Doorman, Lobby, Separate Dining Room
  • LivingArea: 1000
  • Room Type: Foyer
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 240000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 901
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Park, Party Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage
  • Management Contact Name: Kenny Parquette
  • Management Phone: 312-475-9400X1005
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Nettelhorst Elementary School
  • Middle/Junior School: Nettelhorst Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4364.16
  • Tax Year: 2022

Multi Family

  • Units in Building: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 16, 2024
Sold by
Barbee Bancroft Revocable Trust and Bancroft Barbee
Bought by
Mukherjee Jayanta and Mukherjee Monali
Seller's Agent
Wade Marshall
Engel & Voelkers Chicago
Buyer's Agent
Camille Canales
Compass
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
30
Current Estimated Value
$265,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,835
Avg. Annual Appreciation
4.89%
Original Mortgage
$100,000
Outstanding Balance
$91,639
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$168,565

Purchase Details

Closed on
Jun 21, 2007
Sold by
Bancroft Barbee
Bought by
Bancroft Barbee and Barbee Bancroft Revocable Trust

Purchase Details

Closed on
Nov 30, 2004
Sold by
Donohue Elisabeth B
Bought by
Bancroft Barbee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.78%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $245,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $170,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Previous Owner $153,750 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $153,000 Unknown
Previous Owner $72,500 Unknown
Previous Owner $26,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $245,000 +2.1% $245 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $240,000 -- $240 / 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 $4,477 $22,217 $1,513 $20,704
2023 $4,364 $21,219 $1,222 $19,997
2022 $4,364 $21,219 $1,222 $19,997
2021 $4,267 $21,218 $1,222 $19,996
2020 $3,548 $15,926 $805 $15,121
2019 $3,505 $17,444 $805 $16,639
2018 $3,446 $17,444 $805 $16,639
2017 $3,222 $14,967 $707 $14,260
2016 $2,998 $14,967 $707 $14,260
2015 $2,743 $14,967 $707 $14,260
2014 $3,092 $16,664 $579 $16,085
2013 $3,031 $16,664 $579 $16,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12001738

Midwest Real Estate Data (MRED)

APN: 14-28-105-072-1026