NOT LISTED FOR SALE

539 W Addison St Unit 1N Chicago, IL 60613

Lakeview East Neighborhood

Estimated Value: $335,104 - $375,000

2 Beds
1 Bath
1,230 Sq Ft
$568/mo HOA Fee

Last Sold October 14, 2020

Last sale price $236,500 $192 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,949/month

12 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Pantry
  • Storage
  • Nettelhorst Elementary School Rated A-
  • Entrance Foyer
  • Hot Water Heating System

About This Home

As of October 2020

Bright and spacious 2 Bed/1 Bath in highly desirable Lake View East location. This raised first floor condo is the largest floor plan in the building. A wonderful open floor plan and the perfect mix of vintage charm with loads modern updates. Updated in 2020, the white kitchen features brand new stainless steel french door fridge, dishwasher, oversized stainless steel sink as well as new countertops. Bathroom was recently gut renovated with gorgeous marble top vanity, soaking tub, modern tile and lighting. Hardwood floors and updated lighting throughout. Two sizable bedrooms with wonderful light. Elegant exposed brick in the hard to come by large formal dining room. Easy access to laundry and storage in the lower level right out the back door. Steps from the lakefront bike path, tennis courts & golf course, abundant dining, shopping & nightlife on Halsted & Clark St.Walk to Wrigley Field, Whole Foods, LSD busses & Red Line. Healthy, well run association in beautiful vintage brick courtyard building.

Last Agent to Sell the Property

Lauren Mitrick Wood

Compass License #475141655 Listed on: 08/20/2020

Compass

Co-Listed By

Victoria Gwin

Compass License #475172197

Last Buyer's Agent

Javier Cruz

Coldwell Banker Realty License #475188282

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,907

Year Built | Renovated

  • 1920 | 1988

Lot Details

  • 0.36

HOA Fees

  • $568 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Tar and Gravel Roof
  • Stone Siding

Interior Spaces

  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Home Security

Utilities

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

Additional Features

  • North or South Exposure
  • East or West Exposure

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,907

Year Built | Renovated

1920 | 1988

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 1988
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1920
  • Type Attached: Condo, Courtyard, Low Rise (1-3 Stories), Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1920
  • Year Renovated: 1988

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 18X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 8X5, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick, Stone
  • Roof Type: Tar and Gravel
  • Exterior Property Features: Storms/Screens
  • Exposure: N (North), E (East)

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Storage, Security Door Locks
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 568
  • Management Contact Name: Jeff
  • Management Phone: 773-913-2569

Fee Information

  • Management Company: Connected Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14211110091026

Multi Family

  • Total Number Unitsin Building: 28
  • Number Stories: 3

Tax Info

  • Taxes: 5431.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 6, 2020
Sold by
Stichnoth Miller M and Stichnoth Rachel
Bought by
Betker Julie
Seller's Agent
Lauren Mitrick Wood
Compass
Buyer's Agent
Javier Cruz
Coldwell Banker Realty
List Price
$240,000
Sold Price
$236,500
Premium/Discount to List
-$3,500
-1.46%
Current Estimated Value
$357,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,776
Avg. Annual Appreciation
8.60%
Original Mortgage
$189,200
Outstanding Balance
$167,822
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$189,454

Purchase Details

Closed on
Aug 7, 2017
Sold by
Welch Terry L and Welch Meghan A
Bought by
Stichnoth Miller M and Stichnoth Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Mckenna Patrick and Mckenna Pamela
Bought by
Welch Terry L and Welch Meghan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2002
Sold by
Craig Patricia P
Bought by
Mallek Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
5.87%

Purchase Details

Closed on
May 18, 1999
Sold by
Busk James E
Bought by
Craig Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.92%

Purchase Details

Closed on
Sep 21, 1998
Sold by
Lasalle Bank Fsb
Bought by
Busk James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.5%
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
Betker Julie $236,500 Chicago Title
Stichnoth Miller M $223,000 None Available
Welch Terry L $245,000 Chicago Title Insurance Comp
Mallek Pamela M $194,500 Ticor Title Insurance
Craig Patricia P $138,000 Chicago Title Insurance Co
Busk James E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betker Julie $189,200
Previous Owner Stichnoth Miller M $178,400
Previous Owner Welch Terry L $74,000
Previous Owner Welch Terry L $171,000
Previous Owner Mallek Pamela M $155,600
Previous Owner Craig Patricia P $124,000
Previous Owner Busk James E $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $236,500 -1.5% $192 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $240,000 -- $195 / Sq Ft
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 $5,907 $32,132 $9,516 $22,616
2023 $5,759 $28,000 $7,674 $20,326
2022 $5,759 $28,000 $7,674 $20,326
2021 $5,630 $27,999 $7,673 $20,326
2020 $5,498 $24,682 $5,064 $19,618
2019 $5,432 $27,035 $5,064 $21,971
2018 $5,340 $27,035 $5,064 $21,971
2017 $5,201 $24,160 $4,450 $19,710
2016 $4,839 $24,160 $4,450 $19,710
2015 $3,947 $24,160 $4,450 $19,710
2014 $4,380 $26,173 $5,218 $20,955
2013 $4,282 $26,173 $5,218 $20,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10822377

Midwest Real Estate Data (MRED)

APN: 14-21-111-009-1026