NOT LISTED FOR SALE

49 E Cedar St Unit 4 Chicago, IL 60611

Gold Coast Neighborhood

Estimated Value: $1,102,561 - $1,201,000

5 Beds
4 Baths
3,200 Sq Ft
4,225 Sq Ft Lot

Sale Details

Date Sold: March 22, 2023

Last sale price $1,062,500 $332 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,747 / mo

Highlights

  • Lock-and-Leave Community
  • Fireplace in Primary Bedroom
  • Breakfast Room
  • Lincoln Park High School Rated A
  • Sun or Florida Room
  • 2-minute walk to Mariano (Louis) Park

About This Home

As of March 2023

Available for the first time in decades, this full-floor condo in a stylish Benjamin Marshall-designed boutique has great bones and is ready for updating. Features include a curved bay window overlooking Elm Street, hardwood floors, and two fireplaces. The price includes a space in the building's attached garage, and storage. Low assessments. Dogs are allowed up to 40 pounds. Elevator building.

Last Agent to Sell the Property

Jennifer Ames

Engel & Voelkers Chicago License #475150488 Listed on: 02/20/2023

Engel & Voelkers Chicago

Last Buyer's Agent

Jennifer Ames

Engel & Voelkers Chicago License #475150488 Listed on: 02/20/2023

Engel & Voelkers Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 1909

Lot Details

  • 4,225

HOA Fees

  • $1,062 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Sun or Florida Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Zoned Cooling
  • SpacePak Central Air
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 5 Units
  • Condo Association
  • Lock-and-Leave Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 40 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,039

Year Built

Built in 1909

Lot Details

4,225 Sq Ft Lot

HOA Fees

$1,062 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Year Built: 1909
  • 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): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 2
  • LivingArea: 3200
  • Room Type: Bedroom 5, Foyer, Sun Room, Breakfast Room, Enclosed Porch, Pantry
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac, Zoned
  • Heating: Steam, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1062
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Condo Association
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 7039.08
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Mar 16, 2023
Sold by
Safi Virginia C and Safi Elizabeth W
Bought by
Strauss Samuel and Strauss Edward
Seller's Agent
Jennifer Ames
Engel & Voelkers Chicago
Buyer's Agent
Jennifer Ames
Engel & Voelkers Chicago
List Price
$1,090,000
Sold Price
$1,062,500
Premium/Discount to List
-$27,500
-2.52%
Current Estimated Value
$1,136,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,390
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Dec 6, 2003
Sold by
Saft Virginia C
Bought by
Saft Virginia C

Purchase Details

Closed on
Nov 15, 1993
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Saft Virginia C
Source: Public Records
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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
Strauss Samuel $1,062,500 Chicago Title
Saft Virginia C -- --
Saft Virginia C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $1,062,500 -2.5% $332 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $1,090,000 -- $341 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $7,391 $124,726 $36,007 $88,719
2024 $7,391 $124,726 $36,007 $88,719
2023 $7,166 $41,000 $20,500 $20,500
2022 $7,166 $41,000 $20,500 $20,500
2021 $7,039 $40,999 $20,500 $20,499
2020 $26,456 $124,344 $20,293 $104,051
2019 $27,110 $134,933 $20,293 $114,640
2018 $25,321 $128,186 $20,293 $107,893
2017 $26,996 $131,480 $16,234 $115,246
2016 $26,334 $131,480 $16,234 $115,246
2015 $23,269 $131,480 $16,234 $115,246
2014 $16,349 $92,520 $13,045 $79,475
2013 $16,827 $92,520 $13,045 $79,475
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Ames

    Seller's Agent in 2023

    Jennifer Ames

    Engel & Voelkers Chicago

    (773) 908-3632

    29 in this area

    235 Total Sales

    Jennifer Ames
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11952714

Midwest Real Estate Data (MRED)

APN: 17-03-202-070-1004

Illinois Cook County Chicago 60611 Gold Coast

49 E Cedar St Unit 4, Chicago, IL

Not Listed for Sale

Condos

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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