NOT LISTED FOR SALE

533 W Addison St Unit 3N Chicago, IL 60613

Lakeview East Neighborhood

Estimated Value: $258,690 - $310,000

2 Beds
1 Bath
980 Sq Ft
0.36 Acres

Highlights

  • Balcony
  • Resident Manager or Management On Site
  • Community Storage Space
  • Nettelhorst Elementary School Rated A-
  • Bike Trail

About This Home

As of May 2024

Showings start Saturday, June 1st. This 2 bedroom, 1 bathroom apartment has beautifully renovated kitchen, bathroom, and hardwood floors throughout. Exposed brick in the living room give it a warm feel and each bedroom has large closets for storage. Located across the street from the lake front, 533 Addison has easy access to outdoor space, public transportation, 2 grocery stores within walking distance, and plenty of nightlife. The building has a clean, safe courtyard building. There are multiple entryways to ensure social distancing. Enjoy a top floor unit, with no noise from neighbors above. No pets or smoking; No security deposit; $400 move-in fee to cover new locks and cleaning. Cable-ready, tenants are responsible for gas and electric only (heat is included).

Last Agent to Rent the Property

Colleen Berg

Berg Properties License #471019976 Listed on: 05/07/2024

Last Renter's Agent

Christopher Leuper

Fulton Grace Realty License #475206746

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1965 | Remodeled in 2020

Lot Details

  • 0.36

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 980 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 8/1/24
  • Rent includes heat, water, exterior maintenance, lawn care, snow removal

Community Details

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,520

Year Built

Built in 1965 | Remodeled in 2020

Lot Details

0

Rental Info

  • Available Date: 2024-08-01
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2400
  • Fees/Approvals: Credit Report,Move-in Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 980
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 2400
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Rent Includes: Heat, Water, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager Off-site

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Hespen Michael A
Bought by
Spencer Riot Act Llc
Current Estimated Value
$275,989

Purchase Details

Closed on
Nov 5, 2020
Sold by
Spencer Riot Act Llc
Bought by
Hespen Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
Hespen Michael A
Bought by
Spencer Riot Act Llc

Purchase Details

Closed on
Oct 30, 2006
Sold by
Robbins David V
Bought by
Hespen Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 1997
Sold by
Santello Paul
Bought by
Dobbins David V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
7.55%
Source: Public Records

Range of Values:

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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
Spencer Riot Act Llc -- None Listed On Document
Hespen Michael A -- None Available
Spencer Riot Act Llc -- Chicago Title Insurance Co
Hespen Michael A $235,500 Multiple
Dobbins David V $62,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hespen Michael A $138,000
Previous Owner Hespen Michael A $215,000
Previous Owner Hespen Michael A $35,200
Previous Owner Hespen Michael A $188,400
Previous Owner Dobbins David $113,000
Previous Owner Dobbins David $18,000
Previous Owner Dobbins David $88,350
Previous Owner Dobbins David V $88,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Rented $2,400 0.0% --
05/09/2024 05/09/24 Off Market $2,400 -- --
05/07/2024 05/07/24 For Rent $2,400 +9.1% --
06/17/2022 06/17/22 Rented $2,200 +10.0% --
06/16/2022 06/16/22 Under Contract -- -- --
06/10/2022 06/10/22 For Rent $2,000 +8.1% --
08/01/2019 08/01/19 Rented $1,850 0.0% --
06/17/2019 06/17/19 For Rent $1,850 +5.7% --
08/01/2018 08/01/18 Rented $1,750 -1.4% --
06/28/2018 06/28/18 For Rent $1,775 -13.4% --
04/15/2016 04/15/16 Rented $2,050 0.0% --
03/18/2016 03/18/16 Price Changed $2,050 -2.4% $2 / Sq Ft
03/10/2016 03/10/16 For Rent $2,100 -- --
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 $3,520 $22,951 $6,797 $16,154
2023 $3,410 $20,000 $5,481 $14,519
2022 $3,410 $20,000 $5,481 $14,519
2021 $3,352 $19,999 $5,481 $14,518
2020 $3,236 $17,630 $3,617 $14,013
2019 $3,191 $19,311 $3,617 $15,694
2018 $3,136 $19,311 $3,617 $15,694
2017 $2,988 $17,257 $3,179 $14,078
2016 $2,956 $17,257 $3,179 $14,078
2015 $2,682 $17,257 $3,179 $14,078
2014 $2,992 $18,693 $3,726 $14,967
2013 $2,922 $18,693 $3,726 $14,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12045941

Midwest Real Estate Data (MRED)

APN: 14-21-111-009-1010