NOT LISTED FOR SALE

506 W Oakdale Ave Unit 4 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $991,000 - $1,076,075

5 Beds
3.5 Baths
2,718 Sq Ft
$383/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $895,000 $329 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,238/month

16 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Nettelhorst Elementary School Rated A-
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of July 2021

Rarely available 5 bedroom 3.1 bathroom East Lakeview penthouse. This spacious duplex lives like a SFH and is an entertainer's dream with over 700 square feet of private rooftop terrace and enclosed sunroom on the top floor with built-in wet bar. Recent upgrades include new stainless steel appliances, updated light fixtures, and fresh paint throughout. Grand 14 ft ceilings and arched windows make this home feel spacious and luxurious. Pristine hardwood floors and crown molding throughout. Complete with 5 generously sized bedrooms, 4 of which are on the same floor. The ensuite bathroom offers dual marble vanities, a separate soaking tub with jets, and rain showerhead. The cozy terrace off the kitchen is perfect for grilling or gardening. One covered garage space is included in the price and is EV equipped. Steps away from the lakefront, express buses, Marianos, and all the best shops and restaurants East Lakeview has to offer.

Last Agent to Sell the Property

Chloe Reynolds

Compass License #475179077 Listed on: 04/26/2021

Compass

Last Buyer's Agent

Matthew Williams

Vesta Preferred LLC License #475158198

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,835

Year Renovated

  • 2005

Lot Details

  • 4,225

HOA Fees

  • $374 Monthly HOA Fees

Parking

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

Home Design

  • Half Duplex
  • Stone Siding

Interior Spaces

  • 2,718 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Bookcases
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Fireplace in Grand Entry Hall
  • Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Library with Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Enclosed Patio or Porch
  • Terrace

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Self Managed Association
  • Low-Rise Condominium
  • Property managed by Self-Managed

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,835

Year Renovated

2005

Lot Details

0

HOA Fees

$374 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo-Duplex,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo-Duplex,Low Rise (1-3 Stories),Vintage
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2005
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop, Gas Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Bookcases, 10' Ceiling, Open Floorplan, Drapes/Blinds, Granite Counters
  • LivingArea: 2718
  • Room Type: Enclosed Porch, Bedroom 5, Den, Terrace
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 2718
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Bedroom,Den/Library,Dining Room,Grand Entry Hall,Kitchen
  • Total Sq Ft: 2718

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 374
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Self-Managed
  • Management Phone: 999-999-9999

Fee Information

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

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School

Lot Info

  • Lot Dimensions: CONDO
  • 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: 13834.57
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jul 10, 2021
Sold by
Kodner David and Zakrzewska Jolanta
Bought by
Donovan Robert K and Hudak Meghan E
Seller's Agent
Chloe Reynolds
Compass
Buyer's Agent
Matthew Williams
Vesta Preferred LLC
Sold Price
$895,000
Current Estimated Value
$1,042,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,269
Avg. Annual Appreciation
3.61%
Original Mortgage
$850,250
Outstanding Balance
$771,115
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$271,154

Purchase Details

Closed on
Aug 19, 2003
Sold by
506 W Oakdale Condominium Llc
Bought by
Kodner David and Zakrewska Jolanta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,300
Interest Rate
4.87%
Mortgage Type
New Conventional
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
Donovan Robert K $895,000 Chicago Title
Kodner David $762,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Robert K $850,250
Previous Owner Kodner David $609,300
Closed Kodner David $76,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $895,000 0.0% $329 / Sq Ft
06/02/2021 06/02/21 For Sale -- -- --
05/26/2021 05/26/21 Off Market $895,000 -- --
05/12/2021 05/12/21 Pending -- -- --
05/11/2021 05/11/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $924,000 -- $340 / 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 $16,893 $80,620 $15,132 $65,488
2023 $16,468 $80,066 $12,203 $67,863
2022 $16,468 $80,066 $12,203 $67,863
2021 $15,431 $80,065 $12,203 $67,862
2020 $14,012 $66,001 $8,054 $57,947
2019 $13,835 $72,288 $8,054 $64,234
2018 $13,601 $72,288 $8,054 $64,234
2017 $14,134 $69,031 $7,077 $61,954
2016 $13,326 $69,031 $7,077 $61,954
2015 $12,169 $69,031 $7,077 $61,954
2014 $10,746 $60,485 $5,796 $54,689
2013 $10,522 $60,485 $5,796 $54,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11066772

Midwest Real Estate Data (MRED)

APN: 14-28-112-032-1004