NOT LISTED FOR SALE

Shoemaker Lofts 3963 W Belmont Ave Unit 416 Floor 4 Chicago, IL 60618

Avondale Neighborhood

Estimated Value: $311,000 - $340,000

2 Beds
1 Bath
880 Sq Ft
$400/mo HOA Fee

Last Sold January 18, 2024

Last sale price $288,000 $327 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,491/month

10 Days on Market

Highlights

  • Double Oven
  • Balcony
  • Central Air
  • Stainless Steel Appliances
  • 50 Car Attached Garage
  • Dogs and Cats Allowed

About This Home

As of January 2024

Spacious, stylish, sun-filled corned unit with 11 foot ceilings, exposed bricks, extensive windows and a private balcony opening out on to the rooftop. This condo has in-unit-laundry, an updated kitchen with granite countertops and stainless steel appliances, a spacious bathroom with double sinks and a jacuzzi tub! Great place to call your home, great opportunity for investors (landlords). Located in the historic, well managed, well maintained Shoemaker Lofts, with a doorperson, exercise room and a garage parking space (included)! Situated in booming Avondale, named as the one the nations' 10 hottest "need to visit neighborhoods" by Lonely Planet, offering easy access to: public transportation, the highway, some great restaurants, cafes, pubs and shopping.

Last Agent to Sell the Property

Jason Raider

Raider Realty LLC. License #471016020 Listed on: 11/24/2023

Last Buyer's Agent

Renee Greene

Compass License #475142983

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 2007 | Remodeled in 2011

Lot Details

  • 1.75

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 50 Car Attached Garage
  • Parking Included in Price

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property

Kitchen

  • Double Oven
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

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, doorman, exercise facilities, exterior maintenance
  • 175 Units
  • Association Phone (312) 607-6037
  • Property managed by GNP Realty Partners

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,372

Year Built

Built in 2007 | Remodeled in 2011

Lot Details

0

HOA Fees

$400 per month

Parking

50

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2011
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2011

Interior Features

  • Appliances: Double Oven, Microwave, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 880
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 295000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 50
  • ParkingTotal: 50
  • 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: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty Partners
  • Management Contact Name: N/A
  • Management Phone: 312-607-6037
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Doorman, Exercise Facilities, Exterior Maintenance

Schools

  • Middle/Junior School District: 299

Lot Info

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

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: 4371.65
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
De Leon Yarbic Carolina Perez and Deleon Yarbic
Bought by
Furman Liam and Broadock Jennifer L
Current Estimated Value
$321,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2011
Sold by
Martinez Gerardo
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 21, 2007
Sold by
3963 West Belmont Residential Property L
Bought by
Martinez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,547
Interest Rate
8.5%
Mortgage Type
Unknown
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
Furman Liam $288,000 None Listed On Document
Federal Home Loan Mortgage Corporation -- None Available
Martinez Gerardo $265,000 Chicago Title Insurance Co
Martinez Gerardo $265,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Furman Liam $259,200
Previous Owner Martinez Gerardo $251,547
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $288,000 -4.0% $327 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $299,950 -- $341 / 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 $4,599 $25,151 $1,563 $23,588
2023 $4,461 $25,035 $1,257 $23,778
2022 $4,461 $25,035 $1,257 $23,778
2021 $4,372 $24,999 $1,304 $23,695
2020 $2,975 $16,410 $596 $15,814
2019 $3,011 $18,364 $596 $17,768
2018 $2,949 $18,364 $596 $17,768
2017 $1,259 $9,224 $521 $8,703
2016 $1,347 $9,224 $521 $8,703
2015 $1,210 $9,224 $521 $8,703
2014 $1,087 $8,428 $428 $8,000
2013 $1,244 $9,470 $428 $9,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11936063

Midwest Real Estate Data (MRED)

APN: 13-26-100-030-1134