NOT LISTED FOR SALE

3151 N Lincoln Ave Unit 307 Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $476,000 - $545,000

2 Beds
2 Baths
1,500 Sq Ft
$553/mo HOA Fee

Last Sold May 26, 2022

Last sale price $405,000 $270 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,925/month

3 Days on Market

Highlights

  • Rooftop Deck
  • Lock-and-Leave Community
  • Wood Flooring
  • Augustus H. Burley Elementary School Rated A-
  • Vaulted Ceiling
  • 5-minute walk to Burley Community Park

About This Home

As of May 2022

Bright, spacious, top-floor Lakeview Loft is the entertainer's dream. Two oversized ensuite bedrooms, and a rare, bonus office space/den. Very quiet unit with nobody living above and faces Northeast, not Lincoln, to enjoy your private balcony. Fresh, open floorplan, 12' ceilings and newly painted interior. Gas fireplace to cozy up and tons of wall space for art. Eat-in kitchen with massive granite island for large groups. Great recent upgrades include brand new water heater, A/C and furnace... as well as in-unit W/D and parking included! Enjoy stunning sunsets and panoramic city views on the shared rooftop deck. Steps from Whole Foods (next door), Target, CTA, Bus Stops, Southport Corridor shopping, dining and fun. Lincoln Lofts is a pet and investor friendly building.

Last Agent to Sell the Property

Joanne Nemerovski

Compass License #471006456 Listed on: 04/12/2022

Compass

Last Buyer's Agent

Pamela Rueve

Jameson Sotheby's Intl Realty License #475133101

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,415

Year Built

  • Built in 1925

Lot Details

  • 0.69

HOA Fees

  • $553 Monthly HOA Fees

Parking

  • 1.5 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, scavenger, snow removal
  • 52 Units
  • Chris Bruno Association, Phone Number (773) 975-7234
  • Property managed by Kass Management
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Sundeck
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,415

Year Built

Built in 1925

Lot Details

0

HOA Fees

$553 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • 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: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1500
  • Other Equipment: TV-Cable, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Walk In Closet, Deck, Office
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 399000
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 553
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Sundeck, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kass Management
  • Management Contact Name: Chris Bruno
  • Management Phone: 773-975-7234
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6414.96
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 17, 2022
Sold by
Henschel Evan
Bought by
Wicklin Andrew
Seller's Agent
Joanne Nemerovski
Compass
Buyer's Agent
Pamela Rueve
Jameson Sotheby's Intl Realty
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Total Days on Market
3
Current Estimated Value
$499,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,876
Avg. Annual Appreciation
6.67%
Original Mortgage
$384,750
Outstanding Balance
$367,011
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$124,817

Purchase Details

Closed on
Oct 18, 2011
Sold by
Melin Scott M and Melin Jillian M
Bought by
Henschel Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,250
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2009
Sold by
Salmon Brad and Salmon Emily
Bought by
Salmon Bradley A and Salmon Emily A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,200
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2008
Sold by
Keipper Jeffery P and Keipper Lora A
Bought by
Melin Scott M and Melin Jillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,200
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2006
Sold by
Salmon Bradley A and Salmon Emily A
Bought by
Keipper Jeff P and Keipper Lora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2003
Sold by
Gylfe Suzanne M
Bought by
Salmon Bradley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1998
Sold by
Wheaton Christopher M
Bought by
Gylfe Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.88%
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 Buyer Sale Price Title Company
Wicklin Andrew $405,000 None Listed On Document
Henschel Evan $359,000 Cti
Salmon Bradley A -- None Available
Melin Scott M $412,500 Cti
Keipper Jeff P $372,000 Chicago Title Insurance Co
Salmon Bradley A $345,000 Atgf Inc
Gylfe Suzanne M $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wicklin Andrew $384,750
Previous Owner Henschel Evan $250,000
Previous Owner Henschel Evan $269,250
Previous Owner Melin Scott M $371,200
Previous Owner Keipper Jeffery $320,000
Previous Owner Keipper Jeffery P $55,000
Previous Owner Keipper Jeff P $316,200
Previous Owner Salmon Bradley A $274,200
Previous Owner Salmon Bradley A $276,000
Previous Owner Gylfe Suzanne M $227,150
Closed Salmon Bradley A $41,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $405,000 +1.5% $270 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $399,000 -- $266 / 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 $6,888 $41,960 $11,165 $30,795
2023 $6,888 $36,000 $9,004 $26,996
2022 $6,888 $36,000 $9,004 $26,996
2021 $6,749 $35,999 $9,004 $26,995
2020 $6,415 $31,140 $3,601 $27,539
2019 $6,309 $33,959 $3,601 $30,358
2018 $6,202 $33,959 $3,601 $30,358
2017 $5,824 $29,655 $3,241 $26,414
2016 $5,608 $29,655 $3,241 $26,414
2015 $5,118 $29,655 $3,241 $26,414
2014 $5,308 $30,186 $1,710 $28,476
2013 $5,691 $30,186 $1,710 $28,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11373329

Midwest Real Estate Data (MRED)

APN: 14-29-100-040-1028