NOT LISTED FOR SALE

525 E Chicago St Unit 201 Milwaukee, WI 53202

Historic Third Ward Neighborhood

Estimated Value: $406,000 - $489,494

2 Beds
2 Baths
1,415 Sq Ft
305 Sq Ft Lot

Sale Details

Date Sold: April 17, 2024

Last sale price $460,000 $325 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,711 / mo

13 Days on Market

Highlights

  • Elevator
  • Balcony
  • 1 Car Attached Garage
  • Golda Meir School Rated A-
  • Subterranean Parking
  • 5-minute walk to Catalano Square

About This Home

As of April 2024

Welcome to 525 Warehouse! Located on a tucked away block of Milwaukee's Historic Third Ward, you will get to experience all that this vibrant neighborhood offers: Summerfest, Milwaukee Public Market, many local restaurants/shopping options, & more, from the privacy of your quiet block. Entering the condo, you'll be charmed by vaulted ceilings, oversized windows, light-filled spaces, exposed cream city brick & beams, plus a private balcony. Other features include a primary bedroom en-suite bath, walk-in closets, storage space on same floor as the unit, in-unit laundry, & underground parking. Easier street parking for guests will make it a breeze to entertain, too. This condo embodies the essence of Milwaukee downtown living. Schedule your showing today so you can call the Third Ward home!

Last Agent to Sell the Property

Sewart Group*

Compass RE WI-Northshore License #56166-94 Listed on: 03/13/2024

Compass RE WI-Northshore

Last Buyer's Agent

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1916

Lot Details

  • 305

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet

Community Details

Overview

  • 22 Units
  • Mid-Rise Community
  • Warehouse 525 Condos

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,670

Year Built

Built in 1916

Lot Details

305 Sq Ft Lot

HOA Fees

$470 per month

Parking

1

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Directions: Milwaukee St to Chicago St, east to condo at 525 E Chicago Street. Entrance located on eastern end of building.
  • New Construction: No
  • Year Built: 1916
  • AssociationCommonAmenities: Elevator
  • CondoFeeMonthly: 470.0
  • CondoUnitType: 1 Story
  • Full Street Address: 525 E Chicago STREET #201
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Storage Lockers, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Master Bedroom Bath
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 1415.00

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Underground, 1 Car
  • Garage Spaces: 1.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Warehouse 525
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 22

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2023
  • Total Taxes: 7670.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 16, 2024
Sold by
Bought by
Seller's Agent
Sewart Group*
Compass RE WI-Northshore
Buyer's Agent
Jay Schmidt
Keller Williams Realty-Milwaukee North Shore
List Price
$445,000
Sold Price
$460,000
Premium/Discount to List
$15,000
3.37%
Views
215
Current Estimated Value
$449,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,126
Avg. Annual Appreciation
-1.01%

Purchase Details

Closed on
Aug 27, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,300
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 Venture Title
$359,000 None Available
$359,900 None Available
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $251,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $460,000 +3.4% $325 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $445,000 -- $314 / Sq Ft
Source: Metro MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,796 $488,500 $15,600 $472,900
2024 $9,796 $431,100 $15,600 $415,500
2023 $7,741 $327,600 $10,400 $317,200
2022 $7,728 $327,600 $10,400 $317,200
2021 $7,571 $290,800 $10,400 $280,400
2020 $7,535 $290,800 $10,400 $280,400
2019 $7,367 $264,500 $10,400 $254,100
2018 $6,777 $264,500 $10,400 $254,100
2017 $7,148 $264,500 $10,400 $254,100
2016 $6,897 $242,900 $10,400 $232,500
2015 -- $242,900 $10,400 $232,500
2014 -- $283,400 $10,400 $273,000
2013 -- $283,400 $10,400 $273,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sewart Group*

    Compass RE WI-Northshore

    (414) 405-1979

    6 in this area

    309 Total Sales

    Sewart Group*
    Section Image

  • J

    Buyer's Agent in 2024

    Jay Schmidt

    Keller Williams Realty-Milwaukee North Shore

    (414) 517-7716

    43 in this area

    1,689 Total Sales

    Jay Schmidt
    Section Image
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Map

Source: Metro MLS

MLS Number: 1867554

Metro MLS

APN: 396-0363-000-2

Wisconsin Milwaukee County Milwaukee 53202 Historic Third Ward

525 E Chicago St Unit 201, Milwaukee, WI

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IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

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