NOT LISTED FOR SALE

508 W Grant Place Unit 402 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $413,304 - $553,000

2 Beds
2 Baths
1,188 Sq Ft
$248/mo HOA Fee

Last Sold April 25, 2019

Last sale price $440,000 $370 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,480/month

7 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Soaking Tub
  • Abraham Lincoln Elementary School Rated A-
  • Stainless Steel Appliances
  • 3-minute walk to Mid-North Park

About This Home

As of April 2019

Set on a charming tree-lined street in the heart of East Lincoln is this beautiful home bursting w/character. Updated w/modern comforts, this home perfectly blends old-world charm w/contemporary style to present a home that is beautiful & functional. Wainscoting, crown molding& hardwood floors add elegance to this stylish condo. Large windows allow natural light to spill into the home. S/E corner penthouse condo offers 6 rooms incl. 2 beds/2 baths. The master suite is expansive with a wall of built-in closets & a remodeled marble ensuite bath. Lg. LR and DR space, complete w/a wood-burning fireplace & stunning city views. An eat-in kitchen has been updated w/white quartz countertops and a suite of SS Appls. Gorgeous common roof deck is located just one floor w/360 views of the city lights, this is the best place to host friends. You will love living only three blocks from the Lincoln Park Zoo and two blocks from Oz Park, while everything else you could need is only a short walk away.

Last Agent to Sell the Property

Christine Hancock

@properties Christie's International Real Estate License #475117141 Listed on: 02/07/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Bari Levine

@properties Christie's International Real Estate License #475136277

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,403

Year Built

  • 1920

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $248 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Limestone

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private or Community Septic Tank

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,403

Year Built

1920

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 4
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1920
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1920

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Intercom
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 7X4, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1188

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Limestone
  • Exterior Property Features: Roof Deck, Outdoor Grill
  • Exposure: S (South), E (East)

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Septic-Private, Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Sundeck
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 248
  • Management Contact Name: Self-managed
  • Management Phone: 312-555-5555

Fee Information

  • Management Company: Self-managed

Schools

  • School District: 299
  • High School: Lincoln Park High School
  • Junior High Dist: 156

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14331110521008

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 4

Tax Info

  • Taxes: 8319.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 8, 2019
Sold by
Landers Daniel
Bought by
Rea Mary
Seller's Agent
Christine Hancock
@properties Christie's International Real Estate
Buyer's Agent
Bari Levine
@properties Christie's International Real Estate
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$510,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,576
Avg. Annual Appreciation
1.83%
Original Mortgage
$352,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 13, 2016
Closed on
Dec 6, 2016
Sold by
Levy Mark A
Bought by
Landers Daniel
Seller's Agent
Hillary Levy
Baird & Warner
Buyer's Agent
Judy Howard
Berkshire Hathaway HomeServices Chicago
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$318,750
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2001
Sold by
Lewis Timothy J
Bought by
Levy Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
6.75%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Driscoll Elizabeth C
Bought by
Lewis Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.25%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Ernsting Thomas D
Bought by
Driscoll Elizabeth C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rea Mary $440,000 Chicago Title
Landers Daniel $425,000 Chicago Title
Levy Mark A $334,000 Chicago Title Insurance Co
Lewis Timothy J $257,500 --
Driscoll Elizabeth C $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Mary $349,870
Closed Rea Mary $352,000
Previous Owner Landers Daniel $318,750
Previous Owner Levy Mark A $225,000
Previous Owner Levy Mark A $261,000
Previous Owner Levy Mark A $267,200
Previous Owner Lewis Timothy J $206,000
Closed Lewis Timothy J $25,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $440,000 -2.2% $370 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $450,000 +5.9% $379 / Sq Ft
12/16/2016 12/16/16 Sold $425,000 0.0% --
11/03/2016 11/03/16 Pending -- -- --
10/31/2016 10/31/16 Price Changed $425,000 -2.3% --
10/13/2016 10/13/16 For Sale $435,000 -- --
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 $5,403 $33,147 $4,407 $28,740
2023 $5,267 $25,608 $3,554 $22,054
2022 $5,267 $25,608 $3,554 $22,054
2021 $5,149 $25,607 $3,553 $22,054
2020 $8,867 $39,803 $3,127 $36,676
2019 $8,685 $43,230 $3,127 $40,103
2018 $8,539 $43,230 $3,127 $40,103
2017 $8,320 $38,649 $2,558 $36,091
2016 $7,241 $38,649 $2,558 $36,091
2015 $6,602 $38,649 $2,558 $36,091
2014 $6,675 $38,542 $1,919 $36,623
2013 $6,532 $38,542 $1,919 $36,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10266282

Midwest Real Estate Data (MRED)

APN: 14-33-111-052-1008