$324,900
SOLD DEC 19, 2024

3160 N Lincoln Ave Unit 308 Chicago, IL 60657

Southport Corridor Neighborhood
1 Bed
1 Bath
-- Sq Ft
$237/mo HOA Fee

Recently Sold

2% Above List Price

5 Days on Market

Highlights

  • Lock-and-Leave Community
  • Deck
  • First Floor Utility Room
  • Augustus H. Burley Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Burley Community Park

About This Home

As of December 2024

Welcome to this top-floor, 11 foot ceiling loft at Lincoln Theater Lofts in the vibrant Lake View neighborhood. This secure, elevator building was converted from a movie theater to an apartment building in 2001 and has been financially healthy and professionally managed for a stress free lifestyle. Garage parking space is included in the price. If you are looking for a bright, sun filled residence, love to entertain and have always dreamed of having a private green oasis - look no further! Wait to be amazed by its own 800 sf private, freshly stained deck right off of the living room. Open concept living space, south-west exposure and floor-to-ceiling windows guarantee that even the gloomiest winter days will be filled with light. But when you choose to, you can always make the space moodier and darker as this home comes with custom made, motorized and bluetooth connected blinds. App and remote controlled, you can choose different light filtering options, from regular to full blackout, depending on the time of the day. All windows and sliding doors were replaced in early 2023. The gas fireplace is at the center stage of the living room, making a beautiful contrast with the light, recently refinished hardwood floors and a neutral wall paint. Open kitchen features white cabinetry, stainless appliances and a huge breakfast island with a newer sink and water filtration system. Even though the building is off of busy Ashland Ave, rest assured that you absolutely won't hear any street noise in the unit. Spacious utility room has plenty of storage space. Additional storage in the basement. Water heater was replaced in 2024, washer and dryer in 2020, hardwood floors and paint in 2019. Within top-rated Burley Elementary boundaries. Walk to It all! Paulina Brown line, Target, Starbucks, Whole Foods, Jewel Osco, entertainment, shopping, coffee shops, different gym options and more. This is the city life you have been craving! Low assessments that have been consistent, healthy, well-managed and manicured building / association. Pet & investor friendly.

Last Agent to Sell the Property

Miodrag Milic

Baird & Warner License #475190751 Listed on: 10/30/2024

Baird & Warner

Last Buyer's Agent

Helen Bailey

Pioneer Realty Group LLC License #471019249

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1911

HOA Fees

  • $237 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Blinds
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Burley Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • Cable TV Available

Additional Features

  • Deck
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 33 Units
  • Jim Gambill Association, Phone Number (773) 269-6107
  • Property managed by Kass Management
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,272

Year Built

Built in 1911

Lot Details

0

HOA Fees

$237 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: 1911
  • Age: 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: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Water Purifier
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Ceiling - 10 Foot
  • Room Type: Utility Room-1st Floor
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Storm Door(s)
  • Window Features: Blinds,Screens
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Cable Access
  • List Price: 319900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 237
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Receiving Room, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Kass Management
  • Management Contact Name: Jim Gambill
  • Management Phone: 773-269-6107
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

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

Lot Info

  • Additional Parcels Description: 14291040441063
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 4271.6
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 16, 2024
Sold by
Swearingen Shane R
Bought by
Johnson Morgan L
Seller's Agent
Miodrag Milic
Baird & Warner
Buyer's Agent
Helen Bailey
Pioneer Realty Group LLC
List Price
$319,900
Sold Price
$324,900
Premium/Discount to List
$5,000
1.56%
Views
26
Current Estimated Value
$327,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,089
Avg. Annual Appreciation
-0.05%
Original Mortgage
$234,900
Outstanding Balance
$234,024
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$90,775

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 16, 2019
Sold by
Armson Kathryn
Bought by
Swearingen Shane R
Seller's Agent
Stacey Dombar
Redfin Corporation
Buyer's Agent
Antonio Giamberduca
Baird & Warner
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$294,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 27, 2015
Sold by
Smith Rachael A
Bought by
Armson Kathryn
Seller's Agent
Heather Hillebrand
Baird & Warner
Buyer's Agent
Ryan Lee
Compass
List Price
$295,000
Sold Price
$288,000
Premium/Discount to List
-$7,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$268,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2004
Sold by
Purdy Chad
Bought by
Smith Rachael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 11, 2000
Sold by
Lincoln Belmont Llc
Bought by
Purdy Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,692
Interest Rate
8.46%
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 -- None Listed On Document
Warranty Deed $310,000 Attorney
Warranty Deed $288,000 Ctt
Warranty Deed $277,000 Cti
Warranty Deed -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,900 New Conventional
Previous Owner $294,500 New Conventional
Previous Owner $268,000 New Conventional
Previous Owner $201,000 New Conventional
Previous Owner $204,750 New Conventional
Previous Owner $59,058 Credit Line Revolving
Previous Owner $221,600 Balloon
Previous Owner $192,000 Unknown
Previous Owner $188,750 Balloon
Previous Owner $186,700 Unknown
Previous Owner $183,692 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $324,900 +1.6% --
11/13/2024 11/13/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $319,900 +3.2% --
05/16/2019 05/16/19 Sold $310,000 +5.1% --
04/09/2019 04/09/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $295,000 +2.4% --
04/03/2015 04/03/15 Sold $288,000 -2.4% $360 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $295,000 -- $369 / 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 $4,055 $23,123 $3,114 $20,009
2023 $3,928 $22,000 $2,510 $19,490
2022 $3,928 $22,000 $2,510 $19,490
2021 $4,545 $21,999 $2,510 $19,489
2020 $4,105 $17,942 $1,004 $16,938
2019 $3,335 $19,566 $1,004 $18,562
2018 $3,277 $19,566 $1,004 $18,562
2017 $2,687 $15,498 $904 $14,594
2016 $2,685 $15,498 $904 $14,594
2015 $2,438 $15,498 $904 $14,594
2014 $2,341 $14,747 $489 $14,258
2013 $2,285 $14,747 $489 $14,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12200165

Midwest Real Estate Data (MRED)

APN: 14-29-104-044-1020