NOT LISTED FOR SALE

538 W Cornelia Ave Unit 3S Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $287,000 - $378,000

2 Beds
1 Bath
-- Sq Ft
$414/mo HOA Fee

Last Sold March 21, 2024

Last sale price $325,000

Est. 1% increase in value since last sale

Current estimated payment $2,495/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Nettelhorst Elementary School Rated A-
  • Balcony
  • Built-In Features

About This Home

As of March 2024

Spacious 2BD/1BA unit in a beautiful courtyard building on a quiet street, located in the heart of Lakeview East! This top floor, east-facing unit includes original vintage details, engineered hardwood floors, natural light flooding through the bay windows, and an in-unit combo washer/dryer. Generous living room space allows for a large sectional and dining. Kitchen offers plenty of cabinet space, stainless steel appliances, and granite countertops. Need a little fresh air? Step out onto the rear deck just off of the kitchen with room for a grill and seating! Both bedrooms are able to accommodate a queen-size bed while still leaving room for additional furniture and night stands. Working from home is easy in this unit with the second bedroom's custom built-in cabinetry and desk space, as well as French doors that can open and close to the living room as needed - perfect flex space to turn into your home office/home gym! The bathroom features lux marble tile. If you're looking for additional storage, there is a massive, private storage room included. Conveniently located near the Lake, Wrigley Field, and N Broadway's endless options for restaurants, bars, and shopping, this location is hard to beat! Transportation is easily accessible with the nearby lake path and Addison Red Line stop, and if you prefer to drive, parking is available across the street: 555 W Cornelia Ave at $275/mo additional. Make this your new home today!

Last Agent to Sell the Property

James D'Astice

Compass License #475152334 Listed on: 03/15/2024

Compass

Last Buyer's Agent

Juliana Yeager

@properties Christie's International Real Estate License #475125237

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1919 | Remodeled in 2006

Lot Details

  • 0.36

HOA Fees

  • $414 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, exterior maintenance, scavenger
  • 28 Units
  • Stephanie Rosen Association, Phone Number (847) 432-1600
  • Cornelia Place Subdivision
  • Property managed by Premier Management

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,134

Year Built

Built in 1919 | Remodeled in 2006

Lot Details

0

HOA Fees

$414 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Cornelia Place
  • 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): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2006
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Built-in Features
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 325000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Radiator(s)
  • Laundry Features: In Unit, In Kitchen
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 414
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Management
  • Management Contact Name: Stephanie Rosen
  • Management Phone: 847-432-1600X402
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Exterior Maintenance, Scavenger, 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

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4134.19
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Mar 19, 2024
Sold by
Konstantaras Kathryn E
Bought by
Reed Brendan
Seller's Agent
James D'Astice
Compass
Buyer's Agent
Juliana Yeager
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$325,000
Views
3
Current Estimated Value
$329,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,513
Avg. Annual Appreciation
0.86%
Original Mortgage
$276,250
Outstanding Balance
$272,697
Interest Rate
7.97%
Mortgage Type
New Conventional
Estimated Equity
$56,816

Purchase Details

Closed on
Jun 27, 2008
Sold by
Gravier Robert and Gravier Candace
Bought by
Konstantaras Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2004
Sold by
Lakeview Group Inc
Bought by
Gravier Robert and Gravier Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
5.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Reed Brendan $325,000 None Listed On Document
Konstantaras Kathryn E $281,500 Cti
Gravier Robert $270,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Brendan $276,250
Previous Owner Konstantaras Kathryn E $181,500
Previous Owner Gravier Robert $215,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $325,000 0.0% --
03/21/2024 03/21/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $325,000 0.0% --
07/20/2022 07/20/22 Rented $2,450 +2.1% --
07/20/2022 07/20/22 For Rent $2,400 0.0% --
07/16/2022 07/16/22 Off Market $2,400 -- --
07/14/2022 07/14/22 For Rent $2,400 +14.3% --
06/04/2021 06/04/21 Rented -- -- --
05/03/2021 05/03/21 For Rent $2,100 0.0% --
09/01/2020 09/01/20 Rented $2,100 0.0% --
07/27/2020 07/27/20 Under Contract -- -- --
06/26/2020 06/26/20 For Rent $2,100 +10.5% --
05/09/2019 05/09/19 Rented $1,900 -5.0% --
05/09/2019 05/09/19 Under Contract -- -- --
05/02/2019 05/02/19 For Rent $2,000 -- --
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 $4,241 $25,018 $6,002 $19,016
2023 $4,134 $20,102 $4,896 $15,206
2022 $4,134 $20,102 $4,896 $15,206
2021 $4,042 $20,100 $4,895 $15,205
2020 $3,792 $17,024 $3,194 $13,830
2019 $3,746 $18,646 $3,194 $15,452
2018 $3,683 $18,646 $3,194 $15,452
2017 $3,885 $18,049 $2,807 $15,242
2016 $3,615 $18,049 $2,807 $15,242
2015 $3,307 $18,049 $2,807 $15,242
2014 $3,396 $18,302 $2,299 $16,003
2013 $3,329 $18,302 $2,299 $16,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981237

Midwest Real Estate Data (MRED)

APN: 14-21-112-015-1021