NOT LISTED FOR SALE

516 W Armitage Ave Unit 1 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $473,000 - $574,000

2 Beds
1 Bath
1,000 Sq Ft
$350/mo HOA Fee

Last Sold February 01, 2021

Last sale price $421,000 $421 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,844/month

2 Days on Market

Highlights

  • Property is near a bus stop
  • Forced Air Heating and Cooling System
  • 3-minute walk to Fire Station Park
  • Abraham Lincoln Elementary School Rated A-

About This Home

As of February 2021

Beautiful vintage condo in prime location. This charming unit does not disappoint. The sun-filled living room with large windows, gorgeous trim, built-ins surrounding the gas log fireplace invite you in with warmth. This room opens to a large dining room making for great entertaining. The stunning high end kitchen boasts 48-inch white cabinets, Carrera marble countertops, subway tile and commercial grade appliances - perfect for the cooking enthusiast. The shared master bath is complete with soaking tup and large shower. Custom window treatments and hardwood flooring throughout. Entire condo replaced with Pella windows new in 2019,15K! Newer mechanical in 2015, Nest control system added in 2018. Ample closet and storage space. In unit washer/dryer. Two large storage units in lower level along with bike room. Back deck perfect for grilling. Oz park, Lincoln Park restaurants and shopping on Halsted all a short walk from your front door. Welcome Home!!

Last Agent to Sell the Property

Beth Dazzo

@properties Christie's International Real Estate License #475161531 Listed on: 11/12/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Dennis Huyck

Keller Williams ONEChicago License #475124186

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,393

Year Built

  • 1910

Lot Details

  • 5,489

HOA Fees

  • $350 per month

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Limestone

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,393

Year Built

1910

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1910
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 3X4, On Level: Main Level
  • Dining Room: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick, Limestone
  • Roof Type: Rubber

Garage/Parking

  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Scavenger, Snow Removal
  • Assessment Association Fees: 350
  • Management Contact Name: Aron Sebonin
  • Management Phone: 773-572-0880

Fee Information

  • Management Company: Westward 360

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14331300751001

Multi Family

  • Total Number Unitsin Building: 13
  • Number Stories: 3

Tax Info

  • Taxes: 6029.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 21, 2021
Sold by
Dazzo Julie A
Bought by
Sitkiewicz Martha
Seller's Agent
Beth Dazzo
@properties Christie's International Real Estate
Buyer's Agent
Dennis Huyck
Keller Williams ONEChicago
List Price
$425,000
Sold Price
$421,000
Premium/Discount to List
-$4,000
-0.94%
Total Days on Market
2
Current Estimated Value
$514,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,726
Avg. Annual Appreciation
4.72%
Original Mortgage
$378,900
Outstanding Balance
$342,998
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$171,728

Purchase Details

Closed on
Mar 8, 2019
Sold by
Hadley Bryan T and Kaler Kathryn L
Bought by
Dazzo Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2015
Closed on
May 28, 2015
Sold by
Conolly John H and Conolly Sandra S
Bought by
Kaler Kathryn L and Hadley Bryan T
Seller's Agent
Robert Kohler
Compass
Buyer's Agent
Adam Pycz
Exit Strategy Realty
List Price
$379,000
Sold Price
$380,000
Premium/Discount to List
$1,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$323,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Dardis Colleen R
Bought by
Conolly John H and Conolly Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2004
Sold by
Cendant Mobility Financial Corp
Bought by
Dardis Colleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 2004
Sold by
Theisen Dolores M
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 1998
Sold by
Yachwak Ann M
Bought by
Theisen Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,085
Interest Rate
6.99%

Purchase Details

Closed on
Nov 2, 1993
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Yachwak Ann M
Source: Public Records

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Range of Values:

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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
Sitkiewicz Martha $421,000 Proper Title Llc
Dazzo Julie $405,000 Attorney
Kaler Kathryn L $380,000 Title Resources Guaranty Co
Conolly John H $275,000 Cti
Dardis Colleen R $336,500 First American Title Ins Co
Cendant Mobility Financial Corp $336,500 First American Title Ins Co
Theisen Dolores M $220,500 --
Yachwak Ann M $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sitkiewicz Martha $378,900
Previous Owner Dazzo Julie $374,000
Previous Owner Dazzo Julie $376,650
Previous Owner Kaler Kathryn L $323,000
Previous Owner Conolly John H $220,000
Previous Owner Dardis Colleen R $26,500
Previous Owner Dardis Colleen R $310,000
Previous Owner Theisen Dolores M $178,000
Previous Owner Theisen Dolores M $187,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $421,000 -0.9% $421 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $425,000 +11.8% $425 / Sq Ft
04/28/2015 04/28/15 Sold $380,000 +0.3% $380 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $379,000 -- $379 / 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 $7,393 $42,175 $6,088 $36,087
2023 $7,207 $35,039 $4,910 $30,129
2022 $7,207 $35,039 $4,910 $30,129
2021 $7,046 $35,038 $4,909 $30,129
2020 $6,859 $30,790 $4,320 $26,470
2019 $6,030 $33,441 $4,320 $29,121
2018 $5,927 $33,441 $4,320 $29,121
2017 $6,184 $28,727 $3,534 $25,193
2016 $5,754 $28,727 $3,534 $25,193
2015 $5,264 $28,727 $3,534 $25,193
2014 $5,102 $27,499 $2,651 $24,848
2013 $5,001 $27,499 $2,651 $24,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10932117

Midwest Real Estate Data (MRED)

APN: 14-33-130-075-1001