NOT LISTED FOR SALE

331 S Peoria St Unit 103 Chicago, IL 60607

Greektown Neighborhood

Estimated Value: $429,000 - $496,000

2 Beds
2 Baths
1,600 Sq Ft
$429/mo HOA Fee

Last Sold June 01, 2023

Last sale price $421,000 $263 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,427/month

1 Day on Market

Highlights

  • Open Floorplan
  • 2-minute walk to Uic-Halsted Station
  • Vaulted Ceiling
  • Skinner Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • 5-minute walk to Mary Bartelme Park

About This Home

As of June 2023

SKINNER SCHOOL DISTRICT! WALK TO ALL THAT THE WEST LOOP HAS TO OFFER INCL ENDLESS DINING/ENTERTAINMENT OPTIONS,MULTIPLE PARKS,BOUTIQUES & PUB TRANS FROM THIS 1500+ SQFT MAGAZINE-CALIBER/PROFESSIONALLY DESIGNED/BRIGHT W-FACING RECENTLY RENOVATED 2BED/2BATH DUPLEX TIMBER LOFT WITH BOTH BEDROOMS ON SAME FLOOR,MASSIVE WINDOWS,STUNNING 12'+ CEILINGS,HARDWOOD FLOORS & EXPOSED BRICK T/O IN PROFESSIONALLY MANAGED HISTORIC BOUTIQUE ELEVATOR BUILDING W/AMAZING COMMON YARD/PATIO AREA;FOYER LEADS TO A LARGE EAT-IN PROFESSIONAL GRADE KITCHEN AID/JENN-AIR ISLAND KITCHEN THAT OPENS TO A TRUE SEPARATE DINING AREA AND MASSIVE LIVING ROOM PERFECT FOR ENTERTAINING;ZEN-INSPIRED/SPA-CALIBER BATHS T/O INCL ENORMOUS PRIMARY SUITE W/FIREPLACE,DOUBLE BOWL VANITY,STEAM ROOM/SAUNA,HUMONGOUS SHOWER & SEPARATE JET TUB;PROFESSIONALLY ORGANIZED CLOSETS T/O INCL FULL WALL OF CLOSETS IN PRIMARY SUITE & WALK-IN STORAGE ON MAIN LIVING LEVEL;SIDE-BY-SIDE IN-UNIT LAUNDRY IN ACTUAL LAUNDRY CENTER;STEPS TO MULTIPLE GARAGE PARKING OPTIONS & METER/ZONED PARKING!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 05/22/2023

Compass

Last Buyer's Agent

Meredith Beebe

Jameson Sotheby's Intl Realty License #475192964

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,502

Year Built

  • Built in 1920 | Remodeled in 2018

Lot Details

  • 0.26

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Leased Parking
  • Garage Door Opener

Home Design

  • Stone Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Gas Oven
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Skinner Elementary School
  • Wells Community Academy Senior H High School

Utilities

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

Additional Features

  • Patio
  • Zero Lot Line

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 35 Units
  • Tee Lam Association, Phone Number (773) 572-0880
  • Westgate Lofts Subdivision
  • Property managed by Westward 360
  • 5-Story Property

Amenities

  • Building Patio
  • Common Area
  • Laundry Facilities
  • Service Elevator
  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,502

Year Built

Built in 1920 | Remodeled in 2018

Lot Details

0

HOA Fees

$429 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex,Condo-Loft
  • Subdivision Name: Westgate Lofts
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven, Down Draft, Gas Oven, Wall Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan, Dining Combo
  • LivingArea: 1600
  • Other Equipment: Humidifier, TV-Cable, Ceiling Fan(s)
  • Room Type: Foyer, Storage
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Master Bedroom
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter, Stone
  • List Price: 369500
  • Lot Features: Common Grounds, Corner Lot
  • OtherStructures: None
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage
  • Highest Parking Fee: 325
  • Lowest Parking Fee: 225

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 429
  • Association Amenities: Elevator(s), Storage, Service Elevator(s), Patio
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: TEE LAM
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Skinner Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Skinner Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Lease Amount: 250
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5501.52
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
May 26, 2023
Sold by
Obrien Matthew and Obrien Jamie Stone
Bought by
Swanberg Arthur and Youngling Elizabeth
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Meredith Beebe
Jameson Sotheby's Intl Realty
List Price
$369,500
Sold Price
$421,000
Premium/Discount to List
$51,500
13.94%
Views
62
Current Estimated Value
$455,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,716
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
Mar 28, 2006
Sold by
Albaugh Kristina L and Ingmire Keith
Bought by
Obrien Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Sold Price
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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
Swanberg Arthur $421,000 First American Title
Obrien Matthew $390,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Matthew $272,500
Previous Owner Obrien Matthew $78,000
Previous Owner Obrien Matthew $39,000
Previous Owner Obrien Matthew $312,000
Previous Owner Albaugh Kristina Ingmire $17,000
Previous Owner Ingmire Keith $235,000
Previous Owner Newman Gregory E $205,500
Previous Owner Ingmire Keith $234,000
Previous Owner Fleming Brian $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $421,000 +13.9% $263 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $369,500 0.0% $231 / Sq Ft
01/14/2022 01/14/22 Rented -- -- --
01/11/2022 01/11/22 Under Contract -- -- --
01/11/2022 01/11/22 For Rent -- -- --
12/23/2021 12/23/21 Off Market -- -- --
10/29/2021 10/29/21 For Rent $2,700 0.0% --
04/01/2020 04/01/20 Rented $2,700 -3.4% --
03/10/2020 03/10/20 Under Contract -- -- --
03/05/2020 03/05/20 For Rent $2,795 +5.5% --
01/02/2019 01/02/19 Rented $2,650 0.0% --
10/01/2018 10/01/18 Price Changed $2,650 -4.5% $2 / Sq Ft
09/05/2018 09/05/18 For Rent $2,775 -- --
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 $5,776 $31,836 $1,548 $30,288
2023 $5,609 $30,601 $849 $29,752
2022 $5,609 $30,601 $849 $29,752
2021 $5,502 $30,599 $848 $29,751
2020 $4,341 $22,523 $848 $21,675
2019 $4,278 $24,650 $848 $23,802
2018 $4,204 $24,650 $848 $23,802
2017 $4,070 $22,219 $748 $21,471
2016 $3,950 $22,219 $748 $21,471
2015 $3,591 $22,219 $748 $21,471
2014 $3,268 $20,183 $636 $19,547
2013 $3,193 $20,183 $636 $19,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11788823

Midwest Real Estate Data (MRED)

APN: 17-17-227-015-1003