$459,000
SOLD FEB 25, 2025

530 W Cornelia Ave Unit 1S Chicago, IL 60657

Lakeview East Neighborhood
2 Beds
2 Baths
-- Sq Ft
$343/mo HOA Fee

Recently Sold

5 Days on Market

Highlights

  • Wood Flooring
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Nettelhorst Elementary School Rated A-
  • End Unit
  • Courtyard

About This Home

As of February 2025

Absolutely delightful vintage renovation in prime location will charm you with its superior open concept floor plan and its expansive southern exposure bringing in loads of natural light and views onto the street and in the trees. A private entry leads to a wonderful primary suite and then to an enormous living/dining space w/ French doors opening to the 2nd bedroom on one end and an open cook's kitchen on the other. Recently refreshed and updated with new appliances, window coverings, and decorating, this treasure has the best of vintage delights coupled with modern conveniences. In-unit washer/dryer and gas forced air/central air. You can't beat the location - walk to the lake, beach, bike/jogging paths, transportation, and all the wonderful cafes and boutiques on Broadway. What a find!

Last Agent to Sell the Property

Brad Lippitz

Compass License #471014431 Listed on: 01/22/2025

Compass

Co-Listed By

James Paddleford

Compass License #475121701

Last Buyer's Agent

Debra Secher

@properties Christie's International Real Estate License #475154601

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,325

Year Built

  • Built in 1919

HOA Fees

  • $343 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

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

Additional Features

  • Courtyard
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Sandra Wan Association, Phone Number (312) 466-8100
  • Cornelia By The Lake Subdivision
  • Property managed by The Building Group

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 85 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,325

Year Built

Built in 1919

Lot Details

0

HOA Fees

$343 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
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: End Unit
  • List Price: 459000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 343
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Sandra Wan
  • Management Phone: 312-466-8100X997
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • 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: 85

Tax Info

  • Tax Annual Amount: 6325.44
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 13, 2025
Sold by
Shulock Barry J and Zamora Michael
Bought by
Merrill Chance and Wagner Claire N
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Debra Secher
@properties Christie's International Real Estate
List Price
$459,000
Sold Price
$459,000
Total Days on Market
5
Views
29
Current Estimated Value
$457,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,057
Avg. Annual Appreciation
-0.85%
Original Mortgage
$359,000
Outstanding Balance
$358,379
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$99,564

Purchase Details

Listed on
Aug 3, 2024
Closed on
Sep 25, 2024
Sold by
Dejong Justin
Bought by
Shulock Barry and Zamora Michael
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Brad Lippitz
Compass
List Price
$425,000
Sold Price
$425,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.65%
Original Mortgage
$150,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2014
Closed on
May 8, 2014
Sold by
530 Cornelia Rwm Series Llc
Bought by
Dejong Justin
Seller's Agent
Robin W. Miner
@properties Christie's International Real Estate
Buyer's Agent
Mario Greco
Compass
List Price
$349,900
Sold Price
$346,000
Premium/Discount to List
-$3,900
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$51,000
Interest Rate
4.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2011
Sold by
Miner Robin W
Bought by
530 Cornelia Rwm Series Llc

Purchase Details

Closed on
Mar 14, 2006
Sold by
522 & 30 W Cornelia Llc
Bought by
Miner Robin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $459,000 Proper Title
Warranty Deed $425,000 Proper Title
Warranty Deed $346,000 Proper Title Llc
Quit Claim Deed -- None Available
Warranty Deed $330,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $359,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $231,735 New Conventional
Previous Owner $234,000 New Conventional
Previous Owner $259,500 New Conventional
Previous Owner $51,000 Credit Line Revolving
Previous Owner $259,500 New Conventional
Previous Owner $298,000 Unknown
Previous Owner $263,900 Fannie Mae Freddie Mac
Previous Owner $32,950 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $459,000 0.0% --
01/27/2025 01/27/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $459,000 +8.0% --
09/30/2024 09/30/24 Sold $425,000 0.0% --
08/03/2024 08/03/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $425,000 +22.8% --
05/09/2014 05/09/14 Sold $346,000 -1.1% --
03/28/2014 03/28/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $349,900 -- --
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 $6,145 $36,377 $7,418 $28,959
2023 $6,145 $33,296 $5,982 $27,314
2022 $6,145 $33,296 $5,982 $27,314
2021 $6,026 $33,295 $5,982 $27,313
2020 $5,706 $28,718 $3,948 $24,770
2019 $5,631 $31,454 $3,948 $27,506
2018 $5,535 $31,454 $3,948 $27,506
2017 $5,453 $25,330 $3,469 $21,861
2016 $5,073 $25,330 $3,469 $21,861
2015 $4,642 $25,330 $3,469 $21,861
2014 $4,136 $22,293 $2,841 $19,452
2013 $4,055 $22,293 $2,841 $19,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12275334

Midwest Real Estate Data (MRED)

APN: 14-21-112-016-1022