A
Landlord's Agent in 2023
Alexander Lavelle
@ Properties
501 W Armitage Ave Unit B Chicago, IL 60614
Old Town NeighborhoodEstimated Value: $416,000 - $549,000
2
Beds
1
Bath
1,100
Sq Ft
5,271
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Porch
- Abraham Lincoln Elementary School Rated A-
- Beamed Ceilings
- 3-minute walk to Bauler Park
About This Home
As of April 2023Beautifully renovated condo for rent in unbeatable Lincoln Park location. Unit features a spacious open floor plan with tons of natural light, hardwood floors throughout, and modern finishes. Living area is perfect for entertaining guests or relaxing after a long day, with a decorative fireplace, high ceilings, exposed wood beams, and large windows offering treelined views of Armitage and Cleveland. Bedrooms are generously sized, providing plenty of closet space, while the bathroom is sleek and cozy. Sunny eat-in kitchen boasts stainless steel appliances, quartz countertops, and ample cabinet space, in addition to a pantry cupboard, for all your cooking needs. Designated back porch space, laundry in building, easy street parking, and access to public transportation, shops, restaurants, parks, and more make this home one that you do not want to miss!
Last Agent to Rent the Property
Alexander Lavelle
@properties Christie's International Real Estate License #475174383 Listed on: 04/24/2023
Co-Listed By
@properties Christie's International Real Estate License #475120759
Last Renter's Agent
@properties Christie's International Real Estate License #475104005
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $7,384
Year Built
- Built in 1920 | Remodeled in 2017
Lot Details
- 5,271
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,100 Sq Ft Home
- 3-Story Property
- Beamed Ceilings
- Ceiling Fan
- Decorative Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Wood Flooring
- Intercom
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Listing and Financial Details
- Property Available on 6/1/23
- Rent includes water, scavenger, exterior maintenance, snow removal
- 12 Month Lease Term
Community Details
Overview
- 13 Units
- Matt Holt Association, Phone Number (847) 490-3833
- Property managed by Associa Chicagoland
Amenities
- Coin Laundry
- Community Storage Space
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2018
Closed on
Dec 29, 2017
Sold by
Structured Enterprises Management Llc
Bought by
Drenjanin Redzep and Sulic Mersiha
Seller's Agent
Norma Alanis
Compass
Buyer's Agent
Norma Alanis
Compass
Sold Price
$2,350
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
$468,766
Avg. Annual Appreciation
5.32%
Original Mortgage
$215,000
Outstanding Balance
$184,994
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$283,298
Purchase Details
Closed on
Aug 14, 2017
Sold by
Declarati Burzynski Gloria
Bought by
Structured Enterprises Management Llc
Purchase Details
Closed on
Jun 30, 2004
Sold by
Montero Diane Foster
Bought by
Montero Diane Foster and The Diane Foster Montero Declaration Of
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drenjanin Redzep | $315,000 | None Available | |
| Structured Enterprises Management Llc | $375,000 | Chicago Title | |
| Montero Diane Foster | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drenjanin Redzep | $215,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2023 04/26/23 | Rented | $3,300 | +24.5% | -- |
| 04/24/2023 04/24/23 | Off Market | $2,650 | -- | -- |
| 04/24/2023 04/24/23 | For Rent | $2,650 | +12.8% | -- |
| 01/23/2018 01/23/18 | Rented | $2,350 | 0.0% | -- |
| 01/02/2018 01/02/18 | For Rent | $2,350 | 0.0% | -- |
| 12/15/2017 12/15/17 | Sold | $315,000 | 0.0% | $286 / Sq Ft |
| 11/13/2017 11/13/17 | Pending | -- | -- | -- |
| 11/09/2017 11/09/17 | For Sale | $314,900 | -- | $286 / 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 | $7,384 | $40,293 | $7,696 | $32,597 |
| 2023 | $7,199 | $35,000 | $6,206 | $28,794 |
| 2022 | $7,199 | $35,000 | $6,206 | $28,794 |
| 2021 | $7,038 | $34,999 | $6,206 | $28,793 |
| 2020 | $7,819 | $35,101 | $5,461 | $29,640 |
| 2019 | $7,660 | $38,124 | $5,461 | $32,663 |
| 2018 | $7,531 | $38,124 | $5,461 | $32,663 |
| 2017 | $5,493 | $25,518 | $4,468 | $21,050 |
| 2016 | $4,254 | $25,518 | $4,468 | $21,050 |
| 2015 | $3,852 | $25,518 | $4,468 | $21,050 |
| 2014 | $3,628 | $23,958 | $3,351 | $20,607 |
| 2013 | $3,538 | $23,958 | $3,351 | $20,607 |
Source: Public Records
Agents Affiliated with this Home
-
-
Landlord's Co-Listing Agent in 2023
Caroline Moellering
@ Properties
(312) 320-9550
9 in this area
112 Total Sales
-
Tenant's Agent in 2023
Emily Sachs Wong
@ Properties
(312) 613-0022
155 in this area
784 Total Sales
-
C
Buyer Co-Listing Agent in 2023
Chloe Elias
@ Properties
(847) 370-4972
1 in this area
1 Total Sale
-
Seller's Agent in 2018
Norma Alanis
Compass
(312) 799-1330
38 Total Sales
-
J
Seller's Agent in 2017
John Vossoughi
Jameson Sotheby's Intl Realty
(773) 678-7082
4 in this area
40 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11766386
APN: 14-33-305-069-1009
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 545 W Dickens Ave
- 2054 N Mohawk St
- 515 W Armitage Ave Unit 3
- 555 W Armitage Ave Unit 2W
- 2034 N Mohawk St Unit 1
- 1942 N Sedgwick St Unit PH
- 2334 N Cleveland Ave
- 401 W Dickens Ave
- 542 W Dickens Ave
- 1834 N Hudson Ave Unit 2
- 2120 N Cleveland Ave Unit 1
- 2128 N Hudson Ave Unit 204
- 327 W Armitage Ave Unit 1
- 2035 N Orleans St Unit 2N
- 1812 N Cleveland Ave
- 2136 N Cleveland Ave Unit 2
- 1960 N Lincoln Park W Unit 3011
- 1960 N Lincoln Park W Unit 1008
- 1960 N Lincoln Park W Unit 1103-2
- 2020 N Lincoln Park W Unit 36K
- 501 W Armitage Ave Unit 501CE
- 501 W Armitage Ave Unit 1954C
- 501 W Armitage Ave Unit 1952C
- 501 W Armitage Ave Unit 1954G
- 501 W Armitage Ave Unit 501BE
- 501 W Armitage Ave Unit 501AE
- 501 W Armitage Ave Unit 2B
- 503 W Armitage Ave Unit 503AW
- 503 W Armitage Ave Unit 503CW
- 503 W Armitage Ave Unit 503BW
- 503 W Armitage Ave Unit B
- 503 W Armitage Ave Unit A
- 503 W Armitage Ave Unit 1A
- 503 W Armitage Ave Unit 3C
- 1954 N Cleveland Ave Unit 2N
- 1954 N Cleveland Ave Unit 1954
- 1954 N Cleveland Ave Unit 3
- 1952 N Cleveland Ave Unit 1952
- 1952 N Cleveland Ave Unit 1952
- 1952 N Cleveland Ave Unit 1954