NOT LISTED FOR SALE

5061 N Lincoln Ave Unit 301 Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $656,000 - $698,869

3 Beds
2 Baths
1,659 Sq Ft
$258/mo HOA Fee

Last Sold January 16, 2024

Last sale price $630,000 $380 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,922/month

3 Days on Market

Highlights

  • Rooftop Deck
  • Steam Shower
  • 1 Car Attached Garage
  • Wood Flooring
  • Terrace
  • Built-In Features

About This Home

As of January 2024

Welcome to your modern oasis in the heart of Lincoln Square! This stunning 3 bedroom and 2 full bath condominium, meticulously built in 2017, boasts contemporary elegance and luxurious finishes throughout. Hardwood floors seamlessly flow through the space, complementing the sleek design. With 10ft ceilings and 8ft solid core doors, the entire home exudes an air of sophistication. Step into the open-concept living space, where the combined living room and dining room create the perfect setting for entertaining guests. Watch the sunset while warming up on chilly evenings with the cozy gas fireplace, surrounded by built-ins that add both style and functionality. The modern kitchen features floor-to-ceiling cabinets for maximum storage, white quartz countertops, and top-of-the-line modern appliances. Step outside to the terrace off the living room for a breath of fresh air and a private outdoor escape. Retreat to the expansive 18x14 primary bedroom, a haven of relaxation filled with natural light including a walk-in closet and en-suite bath. Pamper yourself in the steam shower, surrounded by quartz countertops and contemporary fixtures. Practicality meets luxury with in-unit laundry and garage parking, garage storage, and bike room, providing convenience at every turn. As if that weren't enough, ascend to your private rooftop patio, spanning nearly 800 square feet, complete with a gas fireplace, electrical outlets, and water connections for hassle-free plant care. Enjoy panoramic views and outdoor living like never before. **Please note the image of the Primary Bedroom is from a similar unit in the building**

Last Agent to Sell the Property

Michael Longo

@properties Christie's International Real Estate License #475179143 Listed on: 12/14/2023

@properties Christie's International Real Estate

Co-Listed By

Alexa Hara

@properties Christie's International Real Estate License #475166134

Last Buyer's Agent

Ben Lalez

Compass License #475124644

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,831

Year Built

  • Built in 2017

Lot Details

  • 6,273

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Handicap Parking
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,659 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling height of 10 feet or more
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Steam Shower

Home Security

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Rooftop Deck
  • Terrace

Schools

  • Budlong Elementary School
  • Amundsen High Middle School
  • Amundsen High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance
  • 8 Units
  • Scott Milby Association, Phone Number (303) 875-4568

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,831

Year Built

Built in 2017

Lot Details

0

HOA Fees

$258 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: 2017
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal, Range Hood
  • Basement: None
  • Accessibility Features: Disabled Parking
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Built-in Features, Walk-In Closet(s), Ceiling - 10 Foot
  • LivingArea: 1659
  • Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: Walk In Closet, Terrace, Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Roof Deck
  • List Price: 630000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 258
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: None
  • Management Contact Name: Scott Milby
  • Management Phone: 303-875-4568X0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance

Schools

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

Lot Info

  • Additional Parcels: No
  • 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: 10831
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Jan 16, 2024
Sold by
Snodgrass Kevin and Snodgrass Katherine
Bought by
Burke Daniel Dolan and Burke Tea
Seller's Agent
Michael Longo
@properties Christie's International Real Estate
Buyer's Agent
Ben Lalez
Compass
List Price
$630,000
Sold Price
$630,000
Views
7
Current Estimated Value
$677,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,830
Avg. Annual Appreciation
2.68%
Original Mortgage
$472,500
Outstanding Balance
$465,944
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$190,424
Source: Public Records

Range of Values:

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Average Value
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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
Burke Daniel Dolan $630,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Daniel Dolan $472,500
Previous Owner Snodgrass Kevin M $419,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $630,000 0.0% $380 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/14/2023 12/14/23 For Sale $630,000 +14.5% $380 / Sq Ft
04/17/2018 04/17/18 Sold $550,000 0.0% $332 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $550,000 -- $332 / 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 $11,438 $60,768 $2,674 $58,094
2023 $11,057 $54,937 $1,808 $53,129
2022 $11,057 $54,937 $1,808 $53,129
2021 $10,831 $54,935 $1,807 $53,128
2020 $10,659 $48,932 $1,807 $47,125
2019 $11,322 $53,980 $1,807 $52,173
2018 $9,257 $44,954 $1,807 $43,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11939092

Midwest Real Estate Data (MRED)

APN: 13-12-407-062-1005