NOT LISTED FOR SALE

4950 N Western Ave Unit 4C Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $496,000 - $582,000

2 Beds
2 Baths
1,512 Sq Ft
$440/mo HOA Fee

Last Sold June 01, 2022

Last sale price $485,000 $321 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,861/month

17 Days on Market

Highlights

  • Wine Refrigerator
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Formal Dining Room
  • Balcony
  • Soaking Tub

About This Home

As of June 2022

Welcome home to this luxurious over-sized and fully rehabbed 2 bed 2 bath condo in a boutique elevator building in Lincoln Square! Custom high end finishes throughout with a new kitchen, porcelain tile flooring throughout, custom lighting fixtures and fans, crown molding, quartz counters in the kitchen & baths, a touch-less kitchen faucet, custom electric blinds in the living room, quartz window sills, a quartz tiled fireplace, custom closets, a custom office nook, and surround sound. New side by side W/D with storage above, new HVAC, new water heater, and new appliances in the kitchen. Sunny east facing private balcony with views for days. Matterport 3D tour available by clicking on the Virtual Tour link. Heated garage spot with storage as well as an exterior parking space. Unit storage right outside the condo. Incredible location near the Western brown line, Winnemac Park, and all of the restaurants, bars, and entertainment that Lincoln Square has to offer!

Last Agent to Sell the Property

Beau Shirley

Coldwell Banker Realty Listed on: 03/09/2022

Coldwell Banker Realty

Last Buyer's Agent

Ted Kuhlmann

Compass License #475122470

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,655

Year Built

  • Built in 2007 | Remodeled in 2018

Lot Details

  • 0.64

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Alley Access
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Interior Spaces

  • 1,512 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Budlong Elementary School
  • Amundsen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 49 Units
  • James Kastanis Association, Phone Number (312) 329-8400
  • Property managed by GNP Management Group
  • 5-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,655

Year Built

Built in 2007 | Remodeled in 2018

Lot Details

0

HOA Fees

$440 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
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1512
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 475000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Alley Access
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 440
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Management Group
  • Management Contact Name: James Kastanis
  • Management Phone: 312-329-8400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Budlong Elementary School
  • High School: Amundsen High School
  • Middle/Junior School: Budlong Elementary School
  • Middle/Junior School District: 299

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: 999

Tax Info

  • Tax Annual Amount: 7655.04
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Jun 1, 2022
Sold by
Patel Ami
Bought by
Willert Peter and Willert Lizbeth
Seller's Agent
Beau Shirley
Coldwell Banker Realty
Buyer's Agent
Ted Kuhlmann
Compass
List Price
$524,900
Sold Price
$485,000
Premium/Discount to List
-$39,900
-7.6%
Current Estimated Value
$526,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,625
Avg. Annual Appreciation
1.37%
Original Mortgage
$125,000
Outstanding Balance
$119,979
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$387,185

Purchase Details

Listed on
May 2, 2013
Closed on
Aug 14, 2013
Sold by
Klein Matthew T and Klein Courtney R
Bought by
Patel Ami
Seller's Agent
Stacey Dombar
Redfin Corporation
Buyer's Agent
Michael Yashar
Right Realty Group
List Price
$399,000
Sold Price
$387,500
Premium/Discount to List
-$11,500
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$310,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Leland Courtney R and Klein Matthew T
Bought by
Klein Courtney R and Klein Matthew T

Purchase Details

Closed on
Aug 29, 2008
Sold by
4950 Western Llc
Bought by
Leland Courtney R and Klein Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,240
Interest Rate
6.66%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Willert Peter $485,000 None Listed On Document
Patel Ami $387,500 Pntn
Klein Courtney R -- Pntn
Leland Courtney R $428,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willert Peter $125,000
Previous Owner Patel Ami $310,000
Previous Owner Leland Courtney R $331,000
Previous Owner Leland Courtney R $342,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $485,000 +2.1% $321 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/22/2022 03/22/22 Price Changed $475,000 -9.5% $314 / Sq Ft
03/09/2022 03/09/22 For Sale $524,900 +35.5% $347 / Sq Ft
08/14/2013 08/14/13 Sold $387,500 -2.9% $256 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $399,000 -- $264 / 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 $7,391 $45,181 $2,369 $42,812
2023 $7,166 $41,000 $1,601 $39,399
2022 $7,166 $41,000 $1,601 $39,399
2021 $8,245 $40,999 $1,601 $39,398
2020 $7,655 $34,363 $1,601 $32,762
2019 $7,616 $37,907 $1,601 $36,306
2018 $7,488 $37,907 $1,601 $36,306
2017 $7,186 $33,381 $1,401 $31,980
2016 $6,686 $33,381 $1,401 $31,980
2015 $6,117 $33,381 $1,401 $31,980
2014 $5,789 $31,200 $1,301 $29,899
2013 $5,196 $31,200 $1,301 $29,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342554

Midwest Real Estate Data (MRED)

APN: 13-12-411-082-1029