NOT LISTED FOR SALE

50 E 26th St Unit 406 Chicago, IL 60616

Dearborn Neighborhood

Estimated Value: $388,000 - $400,100

2 Beds
2 Baths
1,757 Sq Ft
$735/mo HOA Fee

Last Sold April 01, 2021

Last sale price $318,000 $181 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,328/month

461 Days on Market

Highlights

  • Lock-and-Leave Community
  • Main Floor Bedroom
  • Balcony
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Walk-In Closet

About This Home

As of April 2021

Fully remodeled 2 story unit in Bronzeville Lofts! New kitchen, new bathrooms! New flooring and lighting throughout! Move right in! Includes 2 bedrooms, 2 bathrooms, in-unit laundry, fireplace and private balcony with skyline view!! Features gorgeous exposed brick, 2 story living room, breakfast bar off kitchen, tons of natural light, rustic timber ceiling and exposed beams throughout! One exterior parking space included! Building has new roof. Conveniently located, close to lake Michigan, expressway, Lake Shore Drive, Green Line, Metra and South Loop. Building is pet friendly. Sold as-is. To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. Special assessment is effective through December 31, 2029. Assessment fee breakdown: Special assessment $291.16, Assessment $361.79 Internet/cable $28.70, Parking assessment $66.00 and Reserve assessment $278.41 - all due monthly. Buyer will be responsible for $4,908.60 in unpaid assessments per the IL Condo Act Section 9G. **Seller will pay half of the $23,504.40 Special Assessment with a full price offer (Net).

Last Agent to Sell the Property

James Conway

Regional Realty Group License #471000871 Listed on: 11/27/2019

Last Buyer's Agent

Jason Byrne

Coldwell Banker Real Estate Group License #475169717

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1915 | Remodeled in 2019

Lot Details

  • 0.88

HOA Fees

  • $735 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,757 Sq Ft Home
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 42 Units
  • Manager Association, Phone Number (312) 335-1950
  • Mid-Rise Condominium
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 5-Story Property

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Storm Screens
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,509

Year Built

Built in 1915 | Remodeled in 2019

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2019
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1757
  • Room Type: Foyer, Storage, Walk In Closet, Other Room
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Cable Access
  • List Price: 295000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 735
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Manager
  • Management Phone: 312-335-1950

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 17
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5508.9
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Mar 17, 2021
Sold by
Us Bank National Association
Bought by
Kappes Noelle
Seller's Agent
James Conway
Regional Realty Group
Buyer's Agent
Jason Byrne
Coldwell Banker Real Estate Group
List Price
$299,900
Sold Price
$318,000
Premium/Discount to List
$18,100
6.04%
Current Estimated Value
$395,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,025
Avg. Annual Appreciation
5.59%
Original Mortgage
$270,300
Outstanding Balance
$244,768
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$160,543
Source: Public Records

Range of Values:

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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
Kappes Noelle $318,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kappes Noelle $270,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $318,000 +7.8% $181 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $295,000 -1.6% $168 / Sq Ft
02/16/2021 02/16/21 For Sale $299,900 0.0% $171 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $299,900 -6.3% $171 / Sq Ft
12/02/2020 12/02/20 Price Changed $319,900 -4.5% $182 / Sq Ft
10/16/2020 10/16/20 Price Changed $335,000 -1.4% $191 / Sq Ft
09/18/2020 09/18/20 Price Changed $339,900 -2.9% $193 / Sq Ft
08/28/2020 08/28/20 Price Changed $349,900 -4.1% $199 / Sq Ft
07/29/2020 07/29/20 Price Changed $364,900 -2.7% $208 / Sq Ft
06/30/2020 06/30/20 Price Changed $374,900 -8.5% $213 / Sq Ft
06/08/2020 06/08/20 Price Changed $409,900 0.0% $233 / Sq Ft
05/01/2020 05/01/20 Price Changed $409,900 -2.4% $233 / Sq Ft
03/10/2020 03/10/20 Price Changed $419,900 -1.2% $239 / Sq Ft
02/10/2020 02/10/20 Price Changed $424,900 -3.4% $242 / Sq Ft
01/03/2020 01/03/20 Price Changed $439,900 -2.2% $250 / Sq Ft
11/26/2019 11/26/19 For Sale $449,900 -- $256 / 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 $5,873 $29,519 $3,804 $25,715
2023 $5,724 $27,744 $3,071 $24,673
2022 $5,724 $27,744 $3,071 $24,673
2021 $4,924 $27,743 $3,070 $24,673
2020 $4,592 $23,716 $2,512 $21,204
2019 $4,553 $26,090 $2,512 $23,578
2018 $4,475 $26,090 $2,512 $23,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10582248

Midwest Real Estate Data (MRED)

APN: 17-27-123-027-1027