Seller's Agent in 2022
Philip Skowron
Compass
(312) 612-0303
12 in this area
139 Total Sales
48 E Elm St Chicago, IL 60611
Gold Coast Neighborhood
3
Beds
5
Baths
5,457
Sq Ft
1,742
Sq Ft Lot
Highlights
- Home Theater
- 5-minute walk to Clark/Division Station
- Whirlpool Bathtub
- Lincoln Park High School Rated A
- Brownstone
- 4-minute walk to Mariano (Louis) Park
About This Home
As of April 2016Immaculately designed and newly remodeled single family home located in the heart of the Gold Coast. Enjoy the historical tree-lined streets and walking distance to the best Chicago offers, from the exclusive shops on Michigan Ave, restaurants on Rush St, and immediate access to lake, beaches and parks. This elegant home features luxury 5-star finishes, from custom woodwork to designer kitchen and baths. 2-car garage
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $60,672
Year Built
- 1924
Parking
- Attached Garage
- Parking Included in Price
- Garage Is Owned
Home Design
- Brownstone
- Limestone
Interior Spaces
- Wet Bar
- Gas Log Fireplace
- Sitting Room
- Home Theater
- Sun or Florida Room
- Utility Room with Study Area
- Finished Basement
- Partial Basement
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2015
Closed on
Apr 14, 2016
Sold by
Republic Bank Of Chicago
Bought by
Golden Kanatli Derbil Revocable Trust
Seller's Agent
Philip Skowron
Compass
Buyer's Agent
Philip Skowron
Compass
List Price
$2,990,000
Sold Price
$2,300,000
Premium/Discount to List
-$690,000
-23.08%
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
$828,075
Avg. Annual Appreciation
3.12%
Purchase Details
Closed on
Aug 25, 2004
Sold by
48 E Elm Llc
Bought by
Dupage National Bank and Trust #1711
Purchase Details
Closed on
Dec 22, 2000
Sold by
Longstreet Renovation & Development Co
Bought by
48 E Elm Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Interest Rate
10.5%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 24, 1995
Sold by
O C I Mtg Corp
Bought by
Longstreet Renovation & Development Co
Purchase Details
Closed on
Aug 29, 1994
Sold by
Citicorp Mtg Inc
Bought by
Del Mtg Corp
Purchase Details
Closed on
Oct 28, 1993
Sold by
Sheahan Michael
Bought by
Citibank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,300,000 | Proper Title Llc | |
| Warranty Deed | $2,800,000 | Cti | |
| Warranty Deed | $1,210,000 | -- | |
| Warranty Deed | $442,000 | -- | |
| Warranty Deed | $253,017 | -- | |
| Sheriffs Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,550,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Rented | $10,000 | 0.0% | -- |
| 10/04/2022 10/04/22 | Under Contract | -- | -- | -- |
| 09/27/2022 09/27/22 | For Rent | $10,000 | -16.7% | -- |
| 01/20/2021 01/20/21 | Rented | $12,000 | 0.0% | -- |
| 01/19/2021 01/19/21 | Under Contract | -- | -- | -- |
| 09/01/2020 09/01/20 | For Rent | $12,000 | +20.0% | -- |
| 08/14/2018 08/14/18 | Rented | $10,000 | -16.7% | -- |
| 08/10/2018 08/10/18 | Under Contract | -- | -- | -- |
| 07/23/2018 07/23/18 | Price Changed | $12,000 | -7.7% | $2 / Sq Ft |
| 07/06/2018 07/06/18 | For Rent | $13,000 | +26.8% | -- |
| 08/25/2017 08/25/17 | Rented | $10,250 | -12.8% | -- |
| 07/21/2017 07/21/17 | For Rent | $11,750 | +30.6% | -- |
| 10/07/2016 10/07/16 | Rented | $9,000 | 0.0% | -- |
| 09/12/2016 09/12/16 | For Rent | $9,000 | 0.0% | -- |
| 04/20/2016 04/20/16 | Sold | $2,300,000 | -23.1% | $421 / Sq Ft |
| 02/08/2016 02/08/16 | Pending | -- | -- | -- |
| 12/28/2015 12/28/15 | For Sale | $2,990,000 | -- | $548 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $60,672 | $290,000 | $53,406 | $236,594 |
| 2023 | $59,146 | $287,560 | $43,000 | $244,560 |
| 2022 | $59,146 | $287,560 | $43,000 | $244,560 |
| 2021 | $57,826 | $287,560 | $43,000 | $244,560 |
| 2020 | $52,810 | $237,061 | $30,100 | $206,961 |
| 2019 | $51,770 | $257,675 | $30,100 | $227,575 |
| 2018 | $50,899 | $257,675 | $30,100 | $227,575 |
| 2017 | $48,918 | $227,242 | $24,080 | $203,162 |
| 2016 | $45,514 | $227,242 | $24,080 | $203,162 |
| 2015 | $41,641 | $227,242 | $24,080 | $203,162 |
| 2014 | $41,916 | $225,917 | $20,640 | $205,277 |
| 2013 | $41,089 | $225,917 | $20,640 | $205,277 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Skowron
-
Helaine Cohen
Buyer's Agent in 2022
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
(312) 953-0961
8 in this area
98 Total Sales
-
Amy Morro
Buyer's Agent in 2018
Amy Morro
Baird Warner
(773) 318-9550
6 in this area
24 Total Sales
-
Mike Larson
Buyer's Agent in 2017
Mike Larson
Jameson Sotheby's Intl Realty
(847) 754-7550
6 in this area
44 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09106593
APN: 17-03-200-044-0000
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