NOT LISTED FOR SALE

53 E Elm St Chicago, IL 60611

Gold Coast Neighborhood

Estimated Value: $2,153,800 - $2,457,000

5 Beds
4 Baths
4,267 Sq Ft
$542/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $2,200,000 $516 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,280/month

About This Home

Serene totally renovated sunlit rowhouse on one of the Gold Coast's most charming blocks offers calm sophistication, high-end finishes, updated systems and infrastructure, and beautifully restored architectural elements throughout. Impeccably designed and meticulously maintained, this home has a wonderful vibe and orientation to the outdoors- from large bay windows, skylights and a fabulous terrace and deck. A large living room leads to a separate dining room opening to a fabulous built-in Varenna kitchen with Sub-Zero, Gaggenau, and Miele appliances. Sensational master suite has steam shower, Dornbracht fixtures, and heated floors. A gorgeous paneled library opens to the terrace w/open city and neighborhood views. The lower level has high ceilings and includes a wonderful 4th bedroom suite and a fantastic recreation room with wet bar and media systems. 2 deeded garage spaces (1 included in price and 1 an additional $50,000). A very special offering.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Sep 7, 2023
Sold by
Richard G Scalise Living Trust
Bought by
Berlow Clifford W and Rakowski Kristin L
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Jeffrey Lowe
Compass
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Views
181
Current Estimated Value
$2,310,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,950
Avg. Annual Appreciation
1.96%
Original Mortgage
$1,650,000
Outstanding Balance
$1,602,644
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$708,306

Purchase Details

Listed on
Sep 21, 2015
Closed on
Nov 14, 2015
Sold by
Fitzmaurice Nessan P and Mccaughan Frances E
Bought by
Scalise Richard G and Richard G Scalise Living Trust
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Lydia Rudolph
Baird & Warner
List Price
$2,695,000
Sold Price
$2,585,000
Premium/Discount to List
-$110,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.05%

Purchase Details

Closed on
Oct 14, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Fitzmaurice Nessan P and Mccaughan Frances E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2002
Sold by
Mcintyre R Joseph
Bought by
Chicago Title Land Trust Co and Trust #1069222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.13%

Purchase Details

Closed on
Dec 20, 2002
Sold by
Chicago Title Land Trust Company
Bought by
Mcintyre R Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.13%

Purchase Details

Closed on
Mar 29, 1996
Sold by
Mcintyre R Joseph
Bought by
The Chicago Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.46%
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

Date Buyer Sale Price Title Company
Berlow Clifford W $2,200,000 None Listed On Document
Scalise Richard G $2,585,000 Proper Title Llc
Fitzmaurice Nessan P $1,650,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co -- --
Mcintyre R Joseph -- Stewart Title
The Chicago Trust Company -- --
Mcintyre R Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berlow Clifford W $1,650,000
Previous Owner Fitzmaurice Nessan P $1,000,000
Previous Owner Mcintyre R Joseph $300,700
Previous Owner Mcintyre R Joseph $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2023 09/07/23 Sold $2,200,000 -6.4% $516 / Sq Ft View Prior Sale
07/16/2023 07/16/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $2,350,000 -9.1% $551 / Sq Ft
11/20/2015 11/20/15 Sold $2,585,000 -4.1% $606 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $2,695,000 -- $632 / Sq Ft

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 $37,490 $202,001 $48,128 $153,873
2024 $37,490 $202,001 $48,128 $153,873
2023 $36,525 $181,000 $38,750 $142,250
2022 $36,525 $181,000 $38,750 $142,250
2021 $35,728 $181,000 $38,750 $142,250
2020 $39,389 $179,916 $27,125 $152,791
2019 $38,602 $195,561 $27,125 $168,436
2018 $37,951 $195,561 $27,125 $168,436
2017 $39,469 $186,723 $21,700 $165,023
2016 $36,898 $186,723 $21,700 $165,023
2015 $33,736 $186,723 $21,700 $165,023
2014 $28,309 $155,148 $18,600 $136,548
2013 $27,739 $155,148 $18,600 $136,548
Source: Public Records

Agents Affiliated with this Home

  • Brad Lippitz

    Seller's Agent in 2023

    Brad Lippitz

    Compass

    (847) 778-6207

    32 in this area

    528 Total Sales

    Brad Lippitz
    Section Image
  • Jeffrey Lowe

    Buyer's Agent in 2023

    Jeffrey Lowe

    Compass

    (312) 883-3030

    67 in this area

    1,036 Total Sales

    Jeffrey Lowe
    Section Image

  • L

    Buyer's Agent in 2015

    Lydia Rudolph

    Baird Warner

    1 in this area

    4 Total Sales

    Lydia Rudolph
    Section Image
See All Agents

Map

Illinois Cook County Chicago 60611 Gold Coast

53 E Elm St, Chicago, IL

Not Listed for Sale

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