$325,000
SOLD OCT 4, 2024
2 Beds
2 Baths
1,400 Sq Ft
$842/mo HOA Fee

Recently Sold

$232 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Elevator
  • Property is near a park
  • End Unit
  • 1 Car Attached Garage

About This Home

As of October 2024

Discover the ultimate in lakeside living with this magnificent 2 bedroom, 2 bathroom corner Penthouse condo with breathtaking lake views from all rooms. The unit's layout flows seamlessly from the entry foyer into the spacious living and dining room adorned with elegant cherry hardwood floors. You'll enjoy cooking in the updated kitchen, complete with honey maple cabinets, a peninsula island with an eating area, and never used stainless steel appliances. The primary suite offers serene lake views and includes a private bath adorned with luxurious floor-to-ceiling marble tile and a chic marble pedestal sink. The second bath ensures modern comfort and convenience for guests or family members. Located in an intimate, well-managed building with an on-site engineer, this condo offers a host of amenities, including a new exercise room and association-owned on-site parking. The monthly assessment covers gas, heat, AC, and internet/cable, providing worry-free living. Conveniently positioned with a CTA bus stop at your front door and just steps away from lakefront paths, beaches, and parks, this home provides the perfect blend of urban convenience and natural beauty. Don't miss out on this exceptional property offering the best in lakefront living!

Last Agent to Sell the Property

Tim Stassi

Dwell One Realty License #471009465 Listed on: 07/31/2024

Last Buyer's Agent

Elias Masud

Compass License #475163294

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1952 | Remodeled in 2006

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $842 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • Entrance Foyer
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 65 Units
  • Matthew Klemm Association, Phone Number (312) 255-5413
  • Buena Park Subdivision
  • Property managed by Associa Chicagoland
  • 11-Story Property

Amenities

  • Coin Laundry
  • Elevator
  • Service Elevator
  • Community Storage Space

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,165

Year Built

Built in 1952 | Remodeled in 2006

Lot Details

0

HOA Fees

$842 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Buena Park
  • Year Built: 1952
  • Age: 71-80 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: 11
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1400
  • Other Equipment: TV-Cable, Intercom
  • Room Type: Foyer
  • Stories Total: 11
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 335000
  • Lot Features: Park Adjacent, Water View
  • Roof: Rubber
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Highest Parking Fee: 105
  • Lowest Parking Fee: 95

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 842
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Matthew Klemm
  • Management Phone: 312-255-5413
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 105
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5165.1
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Oct 2, 2024
Sold by
Cress Abby and Felder Abby Cress
Bought by
Summers Jacob Richard Ray
Seller's Agent
Tim Stassi
Dwell One Realty
Buyer's Agent
Elias Masud
Compass
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
32
Current Estimated Value
$337,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,186
Avg. Annual Appreciation
4.77%
Original Mortgage
$292,500
Outstanding Balance
$291,006
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$46,180

Purchase Details

Closed on
Apr 20, 2017
Sold by
Valente Thomas J
Bought by
Cress Abby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2004
Sold by
Schmid Kenneth C
Bought by
Valente Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 First American Title
Warranty Deed $270,000 Fidelity National Title
Warranty Deed $205,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,500 New Conventional
Previous Owner $216,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $325,000 -3.0% $232 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $335,000 0.0% $239 / Sq Ft
10/01/2015 10/01/15 Rented $1,800 -5.0% --
09/08/2015 09/08/15 Under Contract -- -- --
08/05/2015 08/05/15 For Rent $1,895 -- --
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 $5,298 $25,234 $3,361 $21,873
2023 $5,165 $25,114 $3,004 $22,110
2022 $5,165 $25,114 $3,004 $22,110
2021 $5,050 $25,112 $3,003 $22,109
2020 $4,412 $19,805 $1,877 $17,928
2019 $4,385 $21,828 $1,877 $19,951
2018 $4,312 $21,828 $1,877 $19,951
2017 $2,852 $16,624 $1,652 $14,972
2016 $2,829 $16,624 $1,652 $14,972
2015 $2,566 $16,624 $1,652 $14,972
2014 $2,499 $16,037 $1,276 $14,761
2013 $2,438 $16,037 $1,276 $14,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12126692

Midwest Real Estate Data (MRED)

APN: 14-16-302-030-1064