Seller's Agent in 2024
Steven Cohen
@ Properties
(847) 732-8686
6 in this area
92 Total Sales
40 E Northwest Hwy Unit 309 Mount Prospect, IL 60056
Downtown Mount Prospect NeighborhoodEstimated Value: $403,000 - $531,000
2
Beds
2
Baths
2,100
Sq Ft
1.03
Acre Lot
Highlights
- Open Floorplan
- 1-minute walk to Mount Prospect Station
- Vaulted Ceiling
- Fairview Elementary School Rated 9+
- Lock-and-Leave Community
- 2-minute walk to Edwin and Elsie Meyn Busse Park
About This Home
As of April 2024You will fall in love with this spectacular luxury penthouse condo in the heart of downtown Mount Prospect that has all the bells and whistles and is ready to move in with nothing to do! This beautiful condo is the largest in the building at 2100 square feet. This 2 bedroom, 2 bath unit plus a den with built-in shelving includes vaulted ceilings, hardwood floors throughout and a must-see 500 square foot master bedroom suite with vaulted ceilings and plantation shutters. The luxury bath has a whirlpool tub (which is a perfect spot to turn into a walk in shower), a spacious double bowl vanity and an enclosed toilet room with a separate shower. The second bedroom also has vaulted ceilings, closet organizers and is next to a second bath that has also been renovated. Off the living room and dining room through a double set of patio doors with powered blinds there is a huge 19'x6' covered outdoor double balcony for relaxing and barbecuing. The kitchen has been completely renovated including custom cabinetry, quartz countertops, stainless steel appliances, a huge 9' island with seating and a walk-in pantry with barn door. This open floorplan unit is perfect for entertaining and lets the light shine throughout. The unit has recently been professionally painted in todays colors. Best of all, the unit faces the rear of the building away from the train, so train noise is not a non-issue. Indoor heated parking space #28 including a huge storage unit behind (the sellers currently rent a second space in the garage for $100 per month which the owner will continue to rent to the new buyers if needed, space #2). This unit will take your breath away. Walk to train, a variety of delicious restaurants and shopping. There is no homeowner deduction on the taxes, so the taxes should be less for your buyer. DON'T MISS OUT ON THE BEST CONDO IN DOWNTOWN MOUNT PROSPECT!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475094912 Listed on: 02/22/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,138
Year Built
- Built in 2003
Lot Details
- 1.03
HOA Fees
- $798 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,100 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Formal Dining Room
- Den
- Storage
- Wood Flooring
- Door Monitored By TV
Kitchen
- Breakfast Bar
- Gas Oven
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- Fairview Elementary School
- Lincoln Junior High School
- Prospect High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 34 Units
- Eric Association, Phone Number (847) 634-4772
- Lofts At Village Centre Subdivision
- Property managed by MK Asset Management
- Lock-and-Leave Community
Amenities
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 60 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2024
Closed on
Apr 16, 2024
Sold by
Bought by
Seller's Agent
Steven Cohen
@properties Christie's International Real Estate
Buyer's Agent
Susan Duchek
Picket Fence Realty
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,152
Avg. Annual Appreciation
-1.62%
Purchase Details
Listed on
Oct 18, 2019
Closed on
Dec 12, 2019
Sold by
Bought by
Seller's Agent
Nicholas Chiaramonte
Northwest Real Estate Group
Buyer's Agent
Vicki MacKinnon
HomeSmart Connect LLC
List Price
$422,000
Sold Price
$380,000
Premium/Discount to List
-$42,000
-9.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Purchase Details
Closed on
Jan 23, 2008
Sold by
Bought by
Purchase Details
Closed on
Jun 2, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
0.0672%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0487%
Mortgage Type
Stand Alone First
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $505,000 | Proper Title | ||
| $380,000 | Citywide Title Corporation | ||
| -- | None Available | ||
| -- | First American | ||
| $423,000 | Cti |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $201,500 | ||
| Previous Owner | $273,040 | ||
| Closed | $281,000 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $505,000 | +1.0% | $240 / Sq Ft | |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- | |
| 02/22/2024 02/22/24 | For Sale | $499,900 | +31.6% | $238 / Sq Ft | |
| 12/12/2019 12/12/19 | Sold | $380,000 | -4.8% | $181 / Sq Ft | View Prior Sale |
| 11/18/2019 11/18/19 | Pending | -- | -- | -- | |
| 11/04/2019 11/04/19 | Price Changed | $399,000 | -5.5% | $190 / Sq Ft | |
| 10/18/2019 10/18/19 | For Sale | $422,000 | -- | $201 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $10,431 | $43,350 | $826 | $42,524 |
| 2024 | $10,431 | $37,448 | $683 | $36,765 |
| 2023 | $10,030 | $37,448 | $683 | $36,765 |
| 2022 | $10,030 | $37,448 | $683 | $36,765 |
| 2021 | $8,788 | $28,203 | $431 | $27,772 |
| 2020 | $8,606 | $28,203 | $431 | $27,772 |
| 2019 | $7,679 | $31,429 | $431 | $30,998 |
| 2018 | $8,106 | $29,930 | $359 | $29,571 |
| 2017 | $8,146 | $29,930 | $359 | $29,571 |
| 2016 | $7,288 | $29,930 | $359 | $29,571 |
| 2015 | $6,280 | $24,230 | $276 | $23,954 |
| 2014 | $6,190 | $24,230 | $276 | $23,954 |
| 2013 | $6,167 | $24,230 | $276 | $23,954 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Cohen
-
Susan Duchek
Buyer's Agent in 2024
Susan Duchek
Picket Fence Realty
(847) 951-5804
8 in this area
149 Total Sales
-
Nicholas Chiaramonte
N
Seller's Agent in 2019
Nicholas Chiaramonte
Northwest Real Estate Group
(847) 567-1497
46 Total Sales
-
Vicki MacKinnon
Buyer's Agent in 2019
Vicki MacKinnon
The McDonald Group
(847) 274-1533
1 in this area
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11987254
APN: 08-12-108-046-1026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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