NOT LISTED FOR SALE

516 W Oakdale Ave Unit 3E Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $787,000 - $807,000

3 Beds
2 Baths
-- Sq Ft
$480/mo HOA Fee

Last Sold May 01, 2024

Last sale price $794,000

Est. 1% increase in value since last sale

Current estimated payment $5,479/month

3 Days on Market

Highlights

  • Wood Flooring
  • L-Shaped Dining Room
  • Elevator
  • Nettelhorst Elementary School Rated A-
  • Sundeck
  • Stainless Steel Appliances

About This Home

As of May 2024

Completely renovated, extra-large, and sun-drenched home in the heart of East Lakeview! Situated in a boutique elevator building, this condo boasts a fantastic three-bedroom, two-bath floor plan, featuring stunning dark hardwood floors and high-end touches throughout. The spacious living room, with gas log fireplace, offers a peaceful retreat overlooking the quiet, tree-lined street. The dining space seamlessly connects to both the living room and the recently renovated and expanded kitchen. The chef's kitchen boasts abundant cabinetry, breakfast bar, high-end appliances, and quartz countertops & backsplash. Unwind in the enormous primary suite, which features two spacious closets and a spa-caliber bath with a double vanity, large rain shower, and soaker tub. Two additional bedrooms, a stylish stone bathroom, in-unit laundry, all new windows in 2021, and ample storage throughout complete this special home. There are two outdoor spaces: an intimate private balcony off the back of the condo and a sprawling common rooftop deck offering breathtaking city views. Both are ideal for summer enjoyment. Secured and covered parking space in a 100% owner-occupied building. Perfectly located, this home is just steps away from the lakefront, public transportation, and the finest dining, shopping, and entertainment options in East Lakeview!

Last Agent to Sell the Property

Karen Stierwalt

@properties Christie's International Real Estate License #475135573 Listed on: 03/06/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Kelly Parker

Compass License #475125501

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,580

Year Built

  • Built in 2003 | Remodeled in 2021

Lot Details

  • 7,057

HOA Fees

  • $480 Monthly HOA Fees

Interior Spaces

  • 4-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, scavenger, snow removal
  • 10 Units
  • Mid-Rise Condominium

Amenities

  • Sundeck
  • Elevator

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,580

Year Built

Built in 2003 | Remodeled in 2021

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Other Equipment: Humidifier, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 480
  • Association Amenities: Elevator(s), Sundeck
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Nettelhorst Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Annual Amount: 9580
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 8, 2024
Sold by
Karia Siddharth and Tidke Kirti
Bought by
Ekstrom James and Sen Isabel
Seller's Agent
Karen Stierwalt
@properties Christie's International Real Estate
Buyer's Agent
Kelly Parker
Compass
List Price
$750,000
Sold Price
$794,000
Premium/Discount to List
$44,000
5.87%
Views
26
Current Estimated Value
$798,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,377
Avg. Annual Appreciation
0.37%
Original Mortgage
$595,500
Outstanding Balance
$585,941
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$212,436

Purchase Details

Closed on
Jul 14, 2010
Sold by
Axel Bradley J and Axel Robin S
Bought by
Karia Siddharth and Tidke Kirti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2007
Sold by
Steinberg Jeffrey A and Steinberg Debra N
Bought by
Axel Bradley J and Axel Robin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2003
Sold by
Jasper Builders Inc
Bought by
Steinberg Jeffrey A and Steinberg Debra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.37%
Mortgage Type
Unknown
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
Ekstrom James $794,000 Premier Title
Karia Siddharth $504,000 Cti
Axel Bradley J $535,000 Attorneys Title Guaranty Fun
Steinberg Jeffrey A $500,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekstrom James $595,500
Previous Owner Karia Siddharth $403,200
Previous Owner Axel Bradley J $380,000
Previous Owner Steinberg Jeffrey A $400,000
Closed Steinberg Jeffrey A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $794,000 +5.9% --
03/10/2024 03/10/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $750,000 -- --
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 $9,850 $60,841 $9,616 $51,225
2023 $9,580 $50,000 $7,755 $42,245
2022 $9,580 $50,000 $7,755 $42,245
2021 $9,385 $49,999 $7,755 $42,244
2020 $12,152 $57,651 $5,118 $52,533
2019 $11,997 $63,144 $5,118 $58,026
2018 $11,794 $63,144 $5,118 $58,026
2017 $10,147 $50,513 $4,497 $46,016
2016 $9,617 $50,513 $4,497 $46,016
2015 $8,776 $50,513 $4,497 $46,016
2014 $8,533 $48,558 $3,683 $44,875
2013 $8,353 $48,558 $3,683 $44,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11994642

Midwest Real Estate Data (MRED)

APN: 14-28-112-031-1007