$550,000
SOLD APR 18, 2019

3151 N Lincoln Ave Unit 320 Chicago, IL 60657

Southport Corridor Neighborhood
2 Beds
2 Baths
-- Sq Ft
$555/mo HOA Fee

Recently Sold

3 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Loft
  • Augustus H. Burley Elementary School Rated A-
  • Main Floor Bedroom
  • 5-minute walk to Burley Community Park

About This Home

As of March 2021

Must see this professionally designed urban loft! 3 levels of living space, 2 bedrooms, 2 full baths, den and loft. Large, recently upgraded kitchen with modern floating table, marble countertops, stainless appliances and wine/beverage coolers. Floating staircase on main level leads to master suite oasis with in-floor uplighting. Two outdoor spaces including a private rooftop deck. Additional unique features: glassed over elevator shaft with views to first floor; exposed brick and steel grated catwalks; ample storage; Premier Lake view loft elevator building; preferred underground garage spot included. Convenient to Whole Foods, the el, shopping and entertainment.

Last Agent to Sell the Property

Vince Keller

Keller Williams Premiere Properties License #475151936 Listed on: 02/18/2019

Keller Williams Premiere Properties

Last Buyer's Agent

Timothy Mullet

Baird & Warner License #475170266

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,612

Year Renovated

  • 2016

HOA Fees

  • $555 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Rubber Roof

Interior Spaces

  • Bar Fridge
  • Skylights
  • Gas Log Fireplace
  • Home Office
  • Loft
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Rooftop Deck
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,612

Year Renovated

2016

Lot Details

0

HOA Fees

$555 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: 1/2 Duplex, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Bedroom, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: TV-Cable, Intercom
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Office, Loft
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 15X13, On Level: 2nd Level, Flooring: Other, Windows: None
  • Additional Room 2 Name: Loft, Dimensions: 11X9, On Level: 3rd Level, Flooring: Other
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Rubber, Tar and Gravel
  • Exterior Property Features: Deck, Roof Deck
  • Exposure: N (North), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

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: Elevator
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance, Snow Removal, Internet Access
  • Assessment Association Fees: 555
  • Management Contact Name: Christian Bakos
  • Management Phone: 312-335-1950

Fee Information

  • Management Company: First Service Residential

Schools

  • School District: 299
  • Elementary School: Burley Elementary School
  • High School: Lake View High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14291000401041

Multi Family

  • Total Number Unitsin Building: 52
  • Number Stories: 3

Tax Info

  • Taxes: 7893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Feb 26, 2021
Sold by
Hornack Alexander and Obrien Erin
Bought by
Rivas Nelson Rodriguez and Zeien Thomas
Seller's Agent
Timothy Mullet
Baird & Warner
Buyer's Agent
Jennifer Schreiber
Baird & Warner
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Current Estimated Value
$666,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,839
Avg. Annual Appreciation
1.43%
Original Mortgage
$548,250
Outstanding Balance
$492,991
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$167,343

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 3, 2019
Sold by
Hefferman James J and Mayberry Tamara A
Bought by
Erin Hornacek Alexander and Brien Erin O
Seller's Agent
Vince Keller
Keller Williams Premiere Properties
Buyer's Agent
Timothy Mullet
Baird & Warner
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$522,500
Interest Rate
3.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2013
Sold by
Heffernan James J
Bought by
Heffernan James J and Mayberry Tamara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2008
Sold by
Mueller Wayne
Bought by
Heffernan James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2004
Sold by
Seigel Charles M
Bought by
Mueller Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2001
Sold by
Crump James and Hachiya Donna
Bought by
Seigel Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.18%

Purchase Details

Closed on
Nov 26, 1996
Sold by
Lincoln Lofts Inc
Bought by
Crump James and Hachiya Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.94%
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
Warranty Deed $620,000 Old Republic Title
Warranty Deed $550,000 Chicago Title
Interfamily Deed Transfer -- Citywide Title Corporation
Warranty Deed $480,000 First American
Warranty Deed $457,500 Chicago Title Insurance Comp
Warranty Deed $345,000 Chicago Title Insurance Co
Warranty Deed $214,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $513,300 New Conventional
Previous Owner $522,500 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Credit Line Revolving
Previous Owner $365,750 New Conventional
Previous Owner $8,100 Future Advance Clause Open End Mortgage
Previous Owner $379,100 New Conventional
Previous Owner $383,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $366,000 New Conventional
Previous Owner $305,500 Unknown
Previous Owner $300,700 Unknown
Previous Owner $215,000 No Value Available
Previous Owner $192,000 No Value Available
Closed $68,625 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $620,000 -0.8% --
02/16/2021 02/16/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $625,000 +13.6% --
04/18/2019 04/18/19 Sold $550,000 0.0% --
02/21/2019 02/21/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $550,000 -- --
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 $8,612 $47,910 $13,410 $34,500
2023 $8,369 $43,000 $10,814 $32,186
2022 $8,369 $43,000 $10,814 $32,186
2021 $8,883 $42,999 $10,814 $32,185
2020 $8,557 $37,400 $4,325 $33,075
2019 $8,429 $40,785 $4,325 $36,460
2018 $8,287 $40,785 $4,325 $36,460
2017 $7,893 $35,616 $3,893 $31,723
2016 $7,355 $35,616 $3,893 $31,723
2015 $6,743 $35,616 $3,893 $31,723
2014 $6,968 $36,254 $2,054 $34,200
2013 $6,835 $36,254 $2,054 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10275180

Midwest Real Estate Data (MRED)

APN: 14-29-100-040-1041