Seller's Agent in 2024
Nicholas Colagiovanni
Baird Warner
(312) 501-5151
4 in this area
191 Total Sales
City Towne Lofts 525 N Halsted St Unit 403 Chicago, IL 60642
West Town NeighborhoodEstimated Value: $302,000 - $465,000
2
Beds
2
Baths
1,464
Sq Ft
$668/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- 1-minute walk to Grand Avenue Station (Blue Line)
- Resident Manager or Management On Site
- Wood Flooring
- Sundeck
- Storage
About This Home
As of June 2024A rare find at one of three anchor true loft buildings in the epi-center of RiverWest across from the Blue Line stop at Halsted, Milwaukee and Grand Ave. Residence 403 offers a two bedroom and two full bathroom (***2nd bedroom is interior, partially open with Murphy bed and closet with built-ins adjacent full bathroom). A complete renovation of this combination unit features 2nd bedroom enclosed by rolling, re-purposed wood, barn door on metal track, bathroom with similar wood door, detail designed slate flooring, dressed in floor to ceiling stone, elevated rain shower/ tub combination, shower glass, Kohler plumbing fixtures, raised furniture piece vanity with open shelf for storage, stone counter and elegant stone vessel sink. Additional linen storage. Kitchen with pantry, all dove-tail jointed, all wood cabinetry (42") stainless steel cylindric hardware, 1.25" rare, straight edge granite, full slab granite backsplash, stainless steel appliances, LG refrigerator with ice and water dispenser, gas cooking, large under mount single sink, upper cabinetry with burled glass front panels. 16"x16" floor tiles. Living and dining areas accommodate three seating arrangements comfortably including oversized sectional in front of the wood burning fireplace, high top table off to the side, separate dining area table for 6, former with built-in bench, bead board hutch, hooks for coats, open cabinetry for storage. Sumptuous primary bedroom suite offers walk-in closet with custom cabinetry and hanging space built0ins, dressing area, LG full size washer and dryer, ancillary storage/closet space, large shower, contemporary framed shower glass, rain, handheld, vanity with open shelf door storage, Kohler fixtures. Real "tongue and groove" oak hardwood floors in walnut stain. Residence 403 is a southwest corner unit and the southwest walls are floor to ceiling exposed brick walls and oversized commercial grade double paned windows that open. Exposed, vertical 16" inch wide metal I-beams throughout, hug these brick walls, exposed timber columns and exposed timber ceiling, 13' ceiling height. This former 1880s loft building was home to the Dawson Brothers, a former manufacturer of fireplace trimmings (mantels, parts and other accoutrements). Brand new common roof top deck, fully outfitted with surreal 360 degrees of our fine city of Chicago, its skyline and neighborhood views and architecture. Additional storage. Professional managed. Rare Outdoor gated and secured parking in the front lot off Halsted and Ohio included in the price (spot #6 and close to the entry door of the building). Steps to all that Riverwest has to offer like Iguana Cafe, a taste of Europe, on the first floor's 517 N. Halsted address, La Scarola, Piccolo Sogno, the Dawson, Stax, etc. Five minutes from Fulton Market and Randolph's Restaurant Row. Riverwest connects to West Loop, River North, Wicker Park the Southwest tip of Lincoln Park and the southeast tip of Old Town. This unit will not disappoint and may just be the rarest offering in the building all year.
Last Agent to Sell the Property
Baird & Warner License #475132688 Listed on: 04/29/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,509
Year Built
- Built in 1891
Lot Details
- Additional Parcels
HOA Fees
- $668 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 1,464 Sq Ft Home
- Wood Burning Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Included in Price
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include water, parking, scavenger, exterior maintenance, snow removal
- 62 Units
- Info@Halesinc.Com Association, Phone Number (312) 666-0149
- City Towne Lofts Subdivision
- Property managed by Hales Management Inc.
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Sundeck
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2024
Closed on
Jun 6, 2024
Sold by
Palmer Kevin B and Reed Leslie
Bought by
Zaccard Michael A
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Brooke Bosak
@properties Christie's International Real Estate
List Price
$349,000
Sold Price
$349,000
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,269
Avg. Annual Appreciation
6.17%
Original Mortgage
$309,000
Outstanding Balance
$306,395
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$67,924
Purchase Details
Closed on
May 8, 2021
Sold by
Palmer April
Bought by
Palmer William
Purchase Details
Closed on
Mar 16, 2015
Sold by
Palmer Kevin B and Palmer April M
Bought by
Palmer Kevin B and Palmer April M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 8, 2008
Sold by
Schatzberger Richard J and Schatzberger Juliet
Bought by
Palmer Kevin B
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
5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 30, 1997
Sold by
Kokkines Ronnie and Christou Ronnie
Bought by
Petropoulos Guy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,750
Interest Rate
7.73%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 27, 1993
Sold by
First Chicago Trust Company Of Illinois
Bought by
Christou Ronnie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.93%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zaccard Michael A | $349,000 | Fidelity National Title | |
| Palmer William | -- | None Available | |
| Palmer Kevin B | -- | None Available | |
| Palmer Kevin B | $280,000 | Cti | |
| Petropoulos Guy | $122,000 | -- | |
| Christou Ronnie | $33,333 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zaccard Michael A | $309,000 | |
| Previous Owner | Palmer Kevin B | $260,000 | |
| Previous Owner | Palmer Kevin B | $268,000 | |
| Previous Owner | Palmer Kevin | $294,409 | |
| Previous Owner | Palmer Kevin B | $310,000 | |
| Previous Owner | Petropoulos Guy | $117,750 | |
| Previous Owner | Christou Ronnie | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $349,000 | 0.0% | $238 / Sq Ft |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 04/29/2024 04/29/24 | For Sale | $349,000 | -- | $238 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,627 | $18,182 | $2,379 | $15,803 |
| 2023 | $3,525 | $17,140 | $1,086 | $16,054 |
| 2022 | $3,525 | $17,140 | $1,086 | $16,054 |
| 2021 | $3,446 | $17,139 | $1,085 | $16,054 |
| 2020 | $3,374 | $15,144 | $1,085 | $14,059 |
| 2019 | $3,352 | $16,684 | $1,085 | $15,599 |
| 2018 | $3,296 | $16,684 | $1,085 | $15,599 |
| 2017 | $2,787 | $12,945 | $957 | $11,988 |
| 2016 | $2,593 | $12,945 | $957 | $11,988 |
| 2015 | $2,372 | $12,945 | $957 | $11,988 |
| 2014 | $2,159 | $11,634 | $814 | $10,820 |
| 2013 | $2,116 | $11,634 | $814 | $10,820 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Brooke Bosak
@ Properties
(773) 472-0200
1 in this area
62 Total Sales
About City Towne Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12036629
APN: 17-09-102-042-1039
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