$990,000
SOLD JUL 12, 2024

500 W Barry Ave Unit 5E Chicago, IL 60657

Lakeview East Neighborhood
3 Beds
3 Baths
-- Sq Ft
$1,138/mo HOA Fee

Recently Sold

4% Above List Price

Highlights

  • Heated Floors
  • Deck
  • Formal Dining Room
  • Nettelhorst Elementary School Rated A-
  • End Unit
  • Stainless Steel Appliances

About This Home

As of July 2024

***SOLD BEFORE PRINT*** This exquisite, recently renovated, 3 Bed, 3 Bath penthouse unit with secure parking sits at the top of a boutique, Pre-War Elevator Building near Lake Michigan in East Lakeview. After entering the building through the gracious marble lobby, the elevator takes you directly to the front door of the apartment. From the classic foyer with double closets opens to both the spacious living room and the kitchen, ensuring a great flow for everyday living and entertaining. The living room features the original carved stone fireplace, built-in shelving, and a sitting area by the expansive, south-facing bay windows. An elegant, light-filled formal dining room able to seat 12 flows into the custom chef's kitchen. The kitchen incorporates vintage details such as soapstone counters, antique-style hand-made glass cabinet doors, and exposed Chicago brick. It is equipped with high-end Thermador stainless steel appliances, including a 6-burner cooktop, high-speed hood, warming shelves, double wall oven/microwave, and built-in refrigerator. It is lit by two east-facing windows with views across neighboring buildings and the sky, and the kitchen floor's hexagonal tile is modern and stylish, yet timeless. There are beautiful parquet floors throughout. An elegant gallery hall with a coved ceiling leads to the bedrooms. The primary suite has four windows with views of trees and the sky, and an attached bath with double sinks, smart storage, heated floors, and a walk-in, luxurious marble shower. The second bedroom has a walk-in closet, an adjacent full bath with a soaking tub/shower, and a French door leading to the private balcony. There is a third ensuite double bedroom, ideal for guests and/or an office, with separation and privacy from the primary bedroom. A high-end Miele washer and dryer are conveniently located near the bedrooms in a large, well-organized laundry space. This unit is surrounded by trees, creating an open and airy, yet private, environment, which extends to the large, private deck. Additional features include a Sonos sound system with ceiling speakers in several rooms, each capable of playing separate high-quality audio. There is a gas starter in the wood-burning fireplace, natural gas source for BBQ on the balcony, dimmers on all light fixtures, floating shelves in the kitchen, hidden outlets in kitchen and baths, and closet organizers. Private storage, central air, secure garage parking plus space for guests, and common area bike storage complete this home. Steps from Mariano's and Broadway's many shops, restaurants, and nightlife options, you'll find every convenience just one half-block west. A half-block east is Sheridan and CTA/express buses, and the entrance to Lincoln Park, the lake front and Lake Shore Drive lies a further block east. Located in the top-rated Nettelhorst Elementary School district, this home is perfectly situated for city living in a stellar location!

Last Agent to Sell the Property

Hadley Rue

Dream Town Real Estate Listed on: 06/25/2024

Dream Town Real Estate

Last Buyer's Agent

Karla Tennies Koziura

Baird & Warner License #471016849

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,119

Year Built

  • Built in 1926 | Remodeled in 2017

HOA Fees

  • $1,138 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Deck
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 11 Units
  • Ask La Association
  • Property managed by Prairie Shores Management
  • 5-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,119

Year Built

Built in 1926 | Remodeled in 2017

Lot Details

0

HOA Fees

$1,138 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: 1926
  • Age: 91-100 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: 5
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2017

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Deck, Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Full Body Spray Shower,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: Deck, Storms/Screens, End Unit, Cable Access
  • List Price: 949000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1138
  • 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: Prairie Shores Management
  • Management Contact Name: Ask LA
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • 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: 99

Tax Info

  • Tax Annual Amount: 15118.99
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 8, 2024
Sold by
Cameron Jacqueline and Pigott Robert
Bought by
Terrizzi Daniela and Defrino Paul
Seller's Agent
Hadley Rue
Dream Town Real Estate
Buyer's Agent
Karla Tennies Koziura
Baird & Warner
List Price
$949,000
Sold Price
$990,000
Premium/Discount to List
$41,000
4.32%
Total Days on Market
0
Views
3
Current Estimated Value
$968,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,716
Avg. Annual Appreciation
-2.43%
Original Mortgage
$740,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2021
Sold by
Anderson Kirk and Fensholt Meg
Bought by
Pigott Robert and Cameron Jacqueline

Purchase Details

Closed on
Apr 7, 2017
Sold by
Fisher Jeffrey
Bought by
Anderson Kirk and Fensholt Meg

Purchase Details

Closed on
May 20, 2014
Sold by
Gurney Margaret R
Bought by
Gurney Margaret R and Margaret R Gurney 2014 Living Trust
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 $990,000 First American Title
Warranty Deed $792,500 Chicago Title
Warranty Deed $550,000 Chicago Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $693,000 New Conventional
Closed $740,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $990,000 +4.3% --
06/25/2024 06/25/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $949,000 -- --
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 $15,119 $82,932 $19,070 $63,862
2023 $15,119 $76,927 $15,379 $61,548
2022 $15,119 $76,927 $15,379 $61,548
2021 $14,800 $76,927 $15,379 $61,548
2020 $11,289 $53,777 $10,150 $43,627
2019 $11,145 $58,900 $10,150 $48,750
2018 $11,635 $58,900 $10,150 $48,750
2017 $10,656 $49,501 $8,919 $40,582
2016 $10,906 $54,451 $8,919 $45,532
2015 $9,154 $54,451 $8,919 $45,532
2014 $9,510 $55,660 $7,305 $48,355
2013 $9,911 $59,000 $7,305 $51,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12081192

Midwest Real Estate Data (MRED)

APN: 14-28-105-075-1005