NOT LISTED FOR SALE

3517 N Lakewood Ave Unit 3 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $407,000 - $443,453

2 Beds
1 Bath
1,100 Sq Ft
$318/mo HOA Fee

Last Sold October 28, 2022

Last sale price $385,000 $350 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,166/month

6 Days on Market

Highlights

  • Penthouse
  • 5-minute walk to Southport Station
  • Wood Flooring
  • Blaine Elementary School Rated A-
  • Deck
  • 3-minute walk to Sheil Park

About This Home

As of October 2022

Stunning 2-bedroom 1 bath top floor home in an ideal Southport Corridor location. Amazing sunlight from many windows with treetop views. Two private outdoor spaces. Great layout with hardwood floors throughout, fireplace, high ceilings and crown moldings. Updated open kitchen with stainless steel appliances, subway tile backsplash, 42" cabinets. Nicely updated bathroom. Spacious bedrooms with organized closets. Central air, in-unit washer/dryer, large storage closet and bike storage in the basement. Parking space included in price. Fantastic location on a quiet residential tree lined street but only a short walk away from the lake, Wrigley Field, bars & restaurants, coffee shops, nightlife, shopping and all that Southport Corridor has to offer. 5 minute walk to the Brown Line on Southport and Roscoe. Blaine school district. This home checks all the boxes.

Last Agent to Sell the Property

Neringa Northcutt

@properties Christie's International Real Estate License #475123839 Listed on: 09/14/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Charese David

Compass License #471015795

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1918 | Remodeled in 2014

Lot Details

  • 7,449

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Blaine Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 14 Units
  • Property managed by Self-Managed

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,981

Year Built

Built in 1918 | Remodeled in 2014

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 1918
  • 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: 2014
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Room Type: Balcony/Porch/Lanai, Deck, Foyer
  • Stories Total: 3
  • 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

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • List Price: 400000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 318
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Blaine Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Blaine Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 4981.24
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 27, 2022
Sold by
Bailen Jonathan and Bailen Kelly
Bought by
Skala Samuel
Seller's Agent
Neringa Northcutt
@properties Christie's International Real Estate
Buyer's Agent
Charese David
Compass
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%
Views
2
Current Estimated Value
$421,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,187
Avg. Annual Appreciation
2.25%
Original Mortgage
$308,000
Outstanding Balance
$299,282
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$110,203

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 2, 2019
Sold by
Balsley Andrew J
Bought by
Kastning Kelly and Bailen Jonathan
Seller's Agent
Gregory Desmond
@properties Christie's International Real Estate
Buyer's Agent
Neringa Northcutt
@properties Christie's International Real Estate
List Price
$379,000
Sold Price
$372,000
Premium/Discount to List
-$7,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$316,200
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jun 7, 2016
Sold by
Hernandez August
Bought by
Balsley Andrew J
Seller's Agent
Stephen Todd
Jameson Sotheby's Intl Realty
Buyer's Agent
Gregory Desmond
@properties Christie's International Real Estate
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$315,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 20, 2005
Sold by
Septon Brian M and Septon Melissa
Bought by
Hernandez August

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,800
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 11, 2004
Sold by
Septon Brian M
Bought by
Septon Brian M and Septon Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 18, 2000
Sold by
Ferguson John and Ferguson Kelley L
Bought by
Septon Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1996
Sold by
Frey Joseph B and Frey Stephanie B
Bought by
Garman Kelley L and Ferguson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.78%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Skala Samuel -- Fidelity National Title
Kastning Kelly $372,000 First American Title
Balsley Andrew J $350,000 Attorneys Title Guaranty Fun
Hernandez August $307,200 Rtc
Septon Brian M -- Cti
Septon Brian M $212,500 --
Garman Kelley L $160,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skala Samuel $308,000
Previous Owner Kastning Kelly $316,200
Previous Owner Balsley Andrew J $315,000
Previous Owner Hernandez August $222,939
Previous Owner Hernandez August $237,090
Previous Owner Hernandez August $245,800
Previous Owner Septon Brian M $125,000
Previous Owner Septon Brian M $170,000
Previous Owner Septon Brian M $202,400
Previous Owner Septon Brian M $180,500
Previous Owner Septon Brian M $170,000
Previous Owner Ferguson John $140,000
Previous Owner Garman Kelley L $144,000
Closed Septon Brian M $10,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $385,000 -3.8% $350 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $400,000 +7.5% $364 / Sq Ft
07/12/2019 07/12/19 Sold $372,000 -1.8% $338 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $379,000 +8.3% $345 / Sq Ft
06/14/2016 06/14/16 Sold $350,000 0.0% $318 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $349,900 -- $318 / 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 $6,263 $39,606 $9,991 $29,615
2023 $6,084 $33,001 $8,058 $24,943
2022 $6,084 $33,001 $8,058 $24,943
2021 $5,966 $32,999 $8,057 $24,942
2020 $4,981 $25,463 $3,437 $22,026
2019 $4,884 $27,738 $3,437 $24,301
2018 $4,801 $27,738 $3,437 $24,301
2017 $4,751 $25,447 $3,008 $22,439
2016 $4,597 $25,447 $3,008 $22,439
2015 $4,182 $25,447 $3,008 $22,439
2014 $4,636 $27,557 $2,457 $25,100
2013 $4,534 $27,557 $2,457 $25,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11628497

Midwest Real Estate Data (MRED)

APN: 14-20-307-037-1012