NOT LISTED FOR SALE

Estimated Value: $389,000 - $479,000

2 Beds
2 Baths
1,200 Sq Ft
$656/mo HOA Fee

Last Sold April 01, 2024

Last sale price $495,000 $412 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,730/month

8 Days on Market

Highlights

  • Doorman
  • Open Floorplan
  • Corner Lot
  • Fitness Center
  • Wood Flooring
  • 2-minute walk to Ward A Montgomery Park Chicago

About This Home

As of April 2024

Step into your urban retreat nestled in the heart of River North! This sophisticated 2-bedroom, 2-bathroom loft, located in the esteemed 520 West Huron historic boutique building, embodies the essence of a true city oasis. Upon entry, be captivated by the timeless charm that envelops the space - 14 ft ceilings adorned with exposed brick walls and massive timber beams, striking a perfect balance between cozy warmth and industrial chic ambiance. The generously sized open-concept living area is ideal for entertaining friends or unwinding in your private urban haven. The meticulously maintained kitchen boasts stainless steel appliances, beautiful glass countertops, a convenient breakfast bar, and custom white cabinetry. Adjacent to the kitchen, the living room features a gas-starter fireplace, while a private balcony beckons for your morning coffee or evening relaxation. Explore the enclosed split bedrooms, each uniquely blending character with modern convenience. The spacious primary suite showcases a massive walk-in closet and an updated en-suite bathroom with a double vanity, new vanity lighting, Carara marble flooring, and a soaking tub. The second bedroom, enclosed glass separation, offers flexibility for various uses, and easy access to the updated second full bath enhances convenience. In-unit laundry further elevates the comforts of daily living. River North Commons isn't just a building; it's a dynamic community offering 24-hour door staff, a fitness room, and extra storage. On-site maintenance and management ensure seamless living, and your furry friends are warmly welcomed, with the Larrabee dog park conveniently located across the street. The location is unparalleled, balancing the vibrancy of city life with outdoor escapes. Montgomery Park and playground, just a street away, provide outdoor enjoyment, while the nearby Riverwalk offers scenic strolls along the water. Public transportation options, including CTA Brown Chicago, CTA BLUE Chicago, BUS 66, and BUS 151, are easily accessible for your daily commute or city exploration. This property seamlessly blends historic charm with modern upgrades, offering a central location with access to urban conveniences and a welcoming community. Parking available for an additional $25K. Don't miss the chance to embrace loft living at its finest in River North!

Last Agent to Sell the Property

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 02/22/2024

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Arianna Esper

Berkshire Hathaway HomeServices Chicago License #475171554

Last Buyer's Agent

Jeffrey Lowe

Compass License #475154506

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,770

Year Renovated

  • 2000

Lot Details

  • Additional Parcels

HOA Fees

  • $656 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Storage
  • Home Gym

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Parking Included in Price
  • Deeded Parking Sold Separately

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features
  • Stair Lift

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 198 Units
  • Sarah Cycotte Association, Phone Number (312) 247-0717
  • Mid-Rise Condominium
  • River North Commons Subdivision
  • Property managed by First Service Residential
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Trails
  • Bike Trail

Pet Policy

  • Pets up to 100 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,770

Year Renovated

2000

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Subdivision Name: River North Commons
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2000
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Basement: None
  • Accessibility Features: Stair Lift, Wheelchair Accessible
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Beamed Ceilings, Open Floorplan, Some Carpeting, Dining Combo, Doorman, Drapes/Blinds, Granite Counters, Health Facilities, Lobby
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Cable Access
  • Lot Features: Common Grounds, Corner Lot, Outdoor Lighting, Sidewalks
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Deeded Sold Separately
  • Deeded Parking Cost: 25000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 656
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Security, Trail(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Sarah Cycotte
  • Management Phone: 312-247-0717
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • 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: 100

Tax Info

  • Tax Annual Amount: 7769.74
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 25, 2024
Sold by
Young Rebecca and Young Stephen
Bought by
Tue Luke C Caffrey 2013 Nonexempt Trust and Gagliardo
Seller's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jeffrey Lowe
Compass
List Price
$474,999
Sold Price
$495,000
Premium/Discount to List
$20,001
4.21%
Views
48
Current Estimated Value
$476,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,767
Avg. Annual Appreciation
-6.60%

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 27, 2021
Sold by
Grady Ryan and Fischer Hillary
Bought by
Young Rebecca and Young Stephen
Seller's Agent
Michelle Arseneau
Coldwell Banker Realty
Buyer's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$376,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2014
Closed on
Jun 13, 2014
Sold by
Gelber Maggie
Bought by
Grady Ryan
Seller's Agent
Santos Velazquez
Home Owners Realty, Inc.
Buyer's Agent
Pasquale Recchia
@properties Christie's International Real Estate
List Price
$435,000
Sold Price
$422,000
Premium/Discount to List
-$13,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$379,800
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2009
Sold by
Mcgillen John and Mcgillen Teri C
Bought by
Gelber Maggie

Purchase Details

Closed on
Jul 17, 2003
Sold by
Phillips Elizabeth Jane
Bought by
Mcgillen John J and Mcgillan Teri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.31%
Mortgage Type
Unknown
Source: Public Records
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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
Tue Luke C Caffrey 2013 Nonexempt Trust $495,000 None Listed On Document
Young Rebecca $470,000 Citywide Title Corporation
Grady Ryan $211,000 Chicago Title Insurance Co
Gelber Maggie $372,000 Attorneys Title Guaranty Fun
Gelber Maggie -- Attorneys Title Guaranty Fun
Mcgillen John J $329,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Rebecca $376,000
Previous Owner Grady Ryan $379,800
Previous Owner Mcgillen John J $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $495,000 +4.2% $413 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $474,999 +1.1% $396 / Sq Ft
06/07/2021 06/07/21 Sold $470,000 +2.2% $392 / Sq Ft View Prior Sale
04/05/2021 04/05/21 Pending -- -- --
04/05/2021 04/05/21 For Sale -- -- --
03/16/2021 03/16/21 For Sale $459,900 +9.0% $383 / Sq Ft
06/13/2014 06/13/14 Sold $422,000 -3.0% $352 / Sq Ft View Prior Sale
03/27/2014 03/27/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $435,000 -- $363 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $7,149 $38,911 $6,898 $32,013
2024 $7,149 $38,911 $6,898 $32,013
2023 $6,947 $37,200 $5,592 $31,608
2022 $6,947 $37,200 $5,592 $31,608
2021 $6,810 $37,198 $5,591 $31,607
2020 $7,004 $34,541 $4,291 $30,250
2019 $6,845 $37,501 $4,291 $33,210
2018 $6,729 $37,501 $4,291 $33,210
2017 $6,401 $33,111 $3,655 $29,456
2016 $6,132 $33,111 $3,655 $29,456
2015 $6,067 $33,111 $3,655 $29,456
2014 $5,369 $28,938 $2,288 $26,650
2013 $5,263 $28,938 $2,288 $26,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11987410

Midwest Real Estate Data (MRED)

APN: 17-09-118-015-1044