NOT LISTED FOR SALE

Estimated Value: $507,000 - $553,218

2 Beds
2 Baths
-- Sq Ft
$297/mo HOA Fee

Last Sold May 17, 2024

Last sale price $452,500

Est. 18% increase in value since last sale

Current estimated payment $3,765/month

10 Days on Market

Highlights

  • Open Floorplan
  • 2-minute walk to Paulina Station
  • Stainless Steel Appliances
  • Hamilton Elementary School Rated A-
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of May 2024

Welcome to a piece of history nestled in Lakeview! This charming condo, located within a historic landmark building, offers a unique blend of timeless elegance and modern convenience. Originally built in 1920 as a bank, this small boutique building houses only 10 units, ensuring a sense of exclusivity and privacy for its residents. With its convenient elevator access, getting to your unit is a breeze. Step inside to discover a spacious layout featuring 2 large bedrooms and 2 full bathrooms, offering ample space for comfortable living. The in-unit laundry room, complete with a washer and dryer, adds to the convenience of daily life. The interior boasts hardwood floors throughout with concrete underneath, shielding you from the noise of your neighbors. The primary bedroom offers the added comfort of plush new carpeting. The updated kitchen is a chef's dream, featuring sleek white shaker cabinets, quartz countertops, and stainless steel appliances, making meal preparation a delight. Enjoy plenty of natural light streaming in through newer vinyl windows, while the 10-foot ceilings add to the sense of openness and grandeur. Both bathrooms have been tastefully updated with high-end finishes, adding a touch of luxury to your daily routine. The primary bedroom also features a large walk-in closet, providing ample storage space for your wardrobe. For outdoor relaxation and entertainment, the building offers a common rooftop deck equipped with a grill, perfect for enjoying panoramic views of the city skyline. With the added convenience of 1 heated garage parking space, you'll never have to worry about finding parking again. Plus, this prime location puts you within easy reach of a plethora of amenities, including restaurants, Target, Xsport Fitness, Whole Foods, and more. Don't miss your chance to own a piece of history in this one-of-a-kind condo. Schedule your showing today and experience the best of city living in style!

Last Agent to Sell the Property

Antonio Giamberduca

Baird & Warner Listed on: 04/04/2024

Baird & Warner

Last Buyer's Agent

Mark Weitekamper

Haderlein & Co. Realtors License #471004491

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,326

Year Built

  • Built in 1920 | Remodeled in 2017

Lot Details

  • Additional Parcels

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Limestone

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Bookcases
  • Ceiling height of 10 feet or more
  • Double Pane Windows
  • Replacement Windows
  • Blinds
  • Combination Dining and Living Room
  • Storage
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Hamilton Elementary School
  • Lake View High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 10 Units
  • Joon Kim Association, Phone Number (312) 771-9943
  • Mid-Rise Condominium

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,326

Year Built

Built in 1920 | Remodeled in 2017

Lot Details

0

HOA Fees

$297 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories),Vintage
  • Year Built: 1920
  • 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): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Some Carpeting, Replacement Windows
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Window Features: Blinds,Double Pane Windows

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Limestone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: No
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 297
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Joon Kim
  • Management Phone: 312-771-9943
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Hamilton Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Hamilton Elementary School

Lot Info

  • Additional Parcels: Yes
  • 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: 8325.84
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 16, 2024
Sold by
Chester Heather Tomley and Chester Peter C
Bought by
Wilk John
Seller's Agent
Antonio Giamberduca
Baird & Warner
Buyer's Agent
Mark Weitekamper
Haderlein & Co. Realtors
List Price
$475,000
Sold Price
$452,500
Premium/Discount to List
-$22,500
-4.74%
Views
71
Current Estimated Value
$532,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,555
Avg. Annual Appreciation
11.17%
Original Mortgage
$407,250
Outstanding Balance
$401,753
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$130,302

Purchase Details

Closed on
Nov 3, 2016
Sold by
Chester Peter and Tomley Heather L
Bought by
Chester Peter C and Tomley Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1999
Sold by
Fluhrer Martin
Bought by
Chester Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,550
Interest Rate
6.99%

Purchase Details

Closed on
Sep 1, 1995
Sold by
Rawls Scott D
Bought by
Rawls Scott D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Wilk John $452,500 None Listed On Document
Chester Peter C -- Lakeshore Title Agency
Chester Peter $219,500 --
Rawls Scott D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilk John $407,250
Previous Owner Chester Peter C $160,000
Previous Owner Chester Peter $206,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $452,500 -4.7% --
04/15/2024 04/15/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $475,000 0.0% --
04/08/2024 04/08/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $475,000 -- --
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 $8,135 $33,640 $4,276 $29,364
2023 $7,903 $40,800 $6,671 $34,129
2022 $7,903 $40,800 $6,671 $34,129
2021 $7,740 $40,798 $6,670 $34,128
2020 $7,430 $35,576 $1,544 $34,032
2019 $7,304 $38,771 $1,544 $37,227
2018 $7,180 $38,771 $1,544 $37,227
2017 $4,867 $25,338 $1,379 $23,959
2016 $4,717 $25,338 $1,379 $23,959
2015 $4,301 $25,338 $1,379 $23,959
2014 $3,123 $18,816 $1,124 $17,692
2013 $3,052 $18,816 $1,124 $17,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12018245

Midwest Real Estate Data (MRED)

APN: 14-19-425-021-1013