NOT LISTED FOR SALE

539 W Addison St Unit 2N Chicago, IL 60613

Lakeview East Neighborhood

Estimated Value: $359,000 - $402,000

2 Beds
1 Bath
1,200 Sq Ft
$516/mo HOA Fee

Last Sold November 21, 2022

Last sale price $290,000 $242 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,008/month

11 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Stainless Steel Appliances
  • Nettelhorst Elementary School Rated A-
  • Formal Dining Room
  • Intercom

About This Home

As of November 2022

Feel right at home in your spacious, updated 2 bedroom condo in East Lakeview! This vintage brick courtyard building is located steps from the lake, all the modern conveniences, a plethora of entertainment options, and several public transportation options. This move-in ready home is the perfect blend of vintage and modern with exposed brick accent wall, beautiful hardwood floors throughout, and recently updated kitchen, bath, and closets. Heat, water/sewer/trash valet service, snow removal, lawn care, and common area maintenance are included in the assessment. Extra dedicated storage and common laundry are located on the lower level. Street parking is easy and free. Dedicated parking spaces are offered for lease in the neighboring high rise buildings. Currently, there are no rental restrictions on long-term leases or short-term vacation rentals.

Last Agent to Sell the Property

Justin Komito

Pearson Realty Group License #475195644 Listed on: 10/11/2022

Last Buyer's Agent

Joe Zimmerman

Keller Williams ONEChicago License #475127462

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,807

Year Built

  • Built in 1979 | Remodeled in 2012

Lot Details

  • 0.36

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Support@Connectedmanagement.Com Association, Phone Number (773) 913-2569
  • Low-Rise Condominium
  • Property managed by Connected Property Management

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,807

Year Built

Built in 1979 | Remodeled in 2012

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Vintage
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2012

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Granite Counters, Separate Dining Room
  • LivingArea: 1200
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 300000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Steam, Radiator(s)
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 516
  • Association Amenities: Storage, Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Connected Property Management
  • Management Contact Name: support@connectedmanagement.com
  • Management Phone: 773-913-2569
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4807.29
  • Tax Year: 2020

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 21, 2022
Sold by
Foley Jennifer M
Bought by
Oligschlaeger Christopher G
Seller's Agent
Justin Komito
Pearson Realty Group
Buyer's Agent
Joe Zimmerman
Keller Williams ONEChicago
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Current Estimated Value
$377,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,302
Avg. Annual Appreciation
9.47%
Original Mortgage
$232,000
Outstanding Balance
$224,858
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$152,444

Purchase Details

Closed on
Jun 1, 2006
Sold by
Manier Jeremy M and Alessio Carolyn M
Bought by
Foley Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,600
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1999
Sold by
Wyble Charles W and Wyble Therese A
Bought by
Manier Jeremy M and Alessio Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.99%

Purchase Details

Closed on
Apr 8, 1997
Sold by
Wyble Charles W and Wyble Charles W
Bought by
Wyble Charles W and Wyble Therese A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oligschlaeger Christopher G -- Chicago Title
Foley Jennifer M $244,500 Chicago Title Insurance Co
Manier Jeremy M $148,000 --
Wyble Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oligschlaeger Christopher G $232,000
Previous Owner Foley Jennifer M $195,600
Previous Owner Manier Jeremy M $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $290,000 -3.3% $242 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $300,000 -- $250 / 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 $5,055 $28,000 $7,674 $20,326
2022 $5,055 $28,000 $7,674 $20,326
2021 $4,961 $27,999 $7,673 $20,326
2020 $4,807 $24,682 $5,064 $19,618
2019 $4,743 $27,035 $5,064 $21,971
2018 $4,662 $27,035 $5,064 $21,971
2017 $4,474 $24,160 $4,450 $19,710
2016 $4,339 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11649695

Midwest Real Estate Data (MRED)

APN: 14-21-111-009-1027