NOT LISTED FOR SALE

524 W Cornelia Ave Unit 1S Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $372,000 - $382,000

2 Beds
1 Bath
-- Sq Ft
$288/mo HOA Fee

Last Sold July 17, 2024

Last sale price $350,000

Est. 8% increase in value since last sale

Current estimated payment $2,788/month

4 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Intercom
  • Nettelhorst Elementary School Rated A-
  • Stainless Steel Appliances
  • Courtyard

About This Home

As of July 2024

Located in desirable East Lakeview only one block from the lakefront and Belmont Harbor, this gracefully appointed home is the one you've been waiting for! Generously-sized and situated on the building's raised 1st floor, you will love the bay windows overlooking the professionally landscaped courtyard and fountain. Brazilian hardwood floors throughout, and custom trayed ceilings create simple elegance. Split floor plan with gas burning fireplace in the living area, ample closet space, and in-unit washer and dryer for the convenience you deserve. Modern kitchen features abundant cabinets and storage, granite countertops, and stainless-steel appliances. The large primary suite fits a king size bed and boasts a sizeable closet, with East facing window. The second bedroom accommodates a queen size bed and allows the perfect space for a home office. Bike Storage & dedicated storage for the condo are located in the building's basement. Pet friendly building, with nearby rental parking options. Minutes' walk to the lake, Wrigley Field, Whole Foods, Trader Joe's, Starbucks, Stan's Donuts, Coffee & Tea Exchange, Ann Sather for brunch, boutique pet stores, and numerous nearby shops.

Last Agent to Sell the Property

Dave Croy

Keller Williams ONEChicago License #475138607 Listed on: 05/14/2024

Keller Williams ONEChicago

Last Buyer's Agent

Kate Gaffey

Fulton Grace Realty License #475176942

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,811

Year Renovated

  • 2008

Lot Details

  • 0.36

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Leased Parking
  • Off-Street Parking

Outdoor Features

  • Courtyard

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Rachel Association, Phone Number (773) 313-0025
  • Cornelia By The Lake Subdivision
  • Property managed by Rosen Property Management

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,811

Year Renovated

2008

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard
  • Subdivision Name: Cornelia by the Lake
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2008
  • Rebuilt Year: 2008
  • ResoPropertyType: Residential
  • MonthToMonthYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2008

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Granite Counters
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 347000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Off Street
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased
  • Highest Parking Fee: 240
  • Lowest Parking Fee: 185
  • Parking Fee/Lease $: 225

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 288
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Rosen Property Management
  • Management Contact Name: Rachel
  • Management Phone: 773-313-0025X37
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 5810.7
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 10, 2024
Sold by
Kidd John R and Kidd Christina
Bought by
Roby John Joseph
Seller's Agent
Dave Croy
Keller Williams ONEChicago
Buyer's Agent
Kate Gaffey
Fulton Grace Realty
List Price
$347,000
Sold Price
$350,000
Premium/Discount to List
$3,000
0.86%
Views
7
Current Estimated Value
$377,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,821
Avg. Annual Appreciation
6.47%
Original Mortgage
$262,500
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Albert Eugene Llc
Bought by
Kidd John R
Source: Public Records

Range of Values:

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Average Value
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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
Roby John Joseph $350,000 Proper Title
Roby John Joseph $350,000 Proper Title
Kidd John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roby John Joseph $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $350,000 +0.9% --
05/19/2024 05/19/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $347,000 -- --
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 $5,961 $29,512 $6,294 $23,218
2023 $5,811 $28,251 $5,076 $23,175
2022 $5,811 $28,251 $5,076 $23,175
2021 $5,681 $28,251 $5,076 $23,175
2020 $5,428 $24,367 $3,350 $21,017
2019 $5,362 $26,688 $3,350 $23,338
2018 $5,272 $26,688 $3,350 $23,338
2017 $4,627 $21,492 $2,944 $18,548
2016 $4,305 $21,492 $2,944 $18,548
2015 $3,938 $21,492 $2,944 $18,548
2014 $3,509 $18,915 $2,411 $16,504
2013 $3,440 $18,915 $2,411 $16,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12053484

Midwest Real Estate Data (MRED)

APN: 14-21-112-016-1007