1
Bed
1
Bath
750
Sq Ft
$425/mo
HOA Fee
Highlights
- Baseboard Heating
- Heating System Uses Steam
- Dogs and Cats Allowed
- Alcott Elementary School Rated A-
- Laundry Facilities
- 5-minute walk to Sunshine Playground
About This Home
As of August 2024Discover the perfect blend of comfort and convenience in this delightful one-bedroom condo located in the vibrant Lincoln Park neighborhood of Chicago. Just steps away from the stunning lakefront and the world-renowned Lincoln Park Zoo, this condo is ideally situated for those who want to fully immerse themselves in city life or capitalize on a lucrative investment opportunity. The brand-new appliances installed in July 2024, ensure that you enjoy the latest in home technology and efficiency. Recent upgrades to the building include a newly revamped package receiving system, updated fire rated doors for each unit, and freshly remodeled hallways, enhancing both aesthetics and functionality. Additionally, the exterior parking lot has been recently stripped and re-paved, offering a polished look and smoother access. With its prime location and recent upgrades, this one-bedroom gem is not only a great place to call home but also a strategic investment in one of Chicago's most sought-after neighborhoods. Whether you're looking to experience the best of city living or seeking a promising addition to your real estate portfolio, this condo offers a unique opportunity to enjoy all that Lincoln Park has to offer.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475179143 Listed on: 08/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,098
Year Built
- Built in 1970
HOA Fees
- $425 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 750 Sq Ft Home
- Blinds
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Steam
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, snow removal
- 78 Units
- Building Manager Association
- Property managed by Hales
- 5-Story Property
Amenities
- Laundry Facilities
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Aug 26, 2024
Sold by
Palko Andrew J and Palko Alissa J
Bought by
Maiorana Samantha
Seller's Agent
Michael Longo
@properties Christie's International Real Estate
Buyer's Agent
Jordan Pyle
Compass
List Price
$218,900
Sold Price
$230,000
Premium/Discount to List
$11,100
5.07%
Views
18
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
$6,458
Avg. Annual Appreciation
0.94%
Original Mortgage
$115,000
Outstanding Balance
$114,224
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$117,902
Purchase Details
Closed on
Apr 5, 2021
Sold by
Palko Andrew J
Bought by
Palko Andrew J and Palko Alissa J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
2.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2005
Sold by
Stevens Linda Kay
Bought by
Palko Andrew J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
5.98%
Mortgage Type
Stand Alone Second
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Mortgage Connect Lp | |
| Warranty Deed | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $115,000 | New Conventional | |
| Previous Owner | $122,000 | New Conventional | |
| Previous Owner | $140,250 | New Conventional | |
| Previous Owner | $28,500 | Stand Alone Second | |
| Previous Owner | $152,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $230,000 | +5.1% | $307 / Sq Ft |
| 08/04/2024 08/04/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $218,900 | 0.0% | $292 / Sq Ft |
| 12/18/2017 12/18/17 | Rented | $1,400 | -3.4% | -- |
| 11/20/2017 11/20/17 | Under Contract | -- | -- | -- |
| 10/21/2017 10/21/17 | Price Changed | $1,450 | -6.5% | $2 / Sq Ft |
| 09/28/2017 09/28/17 | For Rent | $1,550 | -- | -- |
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 | $3,098 | $18,154 | $4,218 | $13,936 |
| 2023 | $2,999 | $18,000 | $3,397 | $14,603 |
| 2022 | $2,999 | $18,000 | $3,397 | $14,603 |
| 2021 | $2,950 | $17,999 | $3,396 | $14,603 |
| 2020 | $3,049 | $16,788 | $2,038 | $14,750 |
| 2019 | $2,956 | $18,140 | $2,038 | $16,102 |
| 2018 | $2,905 | $18,140 | $2,038 | $16,102 |
| 2017 | $2,631 | $15,596 | $1,811 | $13,785 |
| 2016 | $2,624 | $15,596 | $1,811 | $13,785 |
| 2015 | $2,377 | $15,596 | $1,811 | $13,785 |
| 2014 | $2,484 | $15,955 | $1,576 | $14,379 |
| 2013 | $2,424 | $15,955 | $1,576 | $14,379 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Longo
Seller's Agent in 2024
Michael Longo
@ Properties
(312) 286-8437
3 in this area
21 Total Sales
-
Alexa Hara
Seller Co-Listing Agent in 2024
Alexa Hara
@ Properties
(847) 881-0200
10 in this area
127 Total Sales
-
Jordan Pyle
Buyer's Agent in 2024
Jordan Pyle
Compass
(312) 805-7074
5 in this area
89 Total Sales
-
C
Seller's Agent in 2017
Conner Meinhart
@properties
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12064103
APN: 14-28-318-065-1066
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