$369,000
SOLD OCT 10, 2024

540 W Cornelia Ave Unit 3S Chicago, IL 60657

Lakeview East Neighborhood
2 Beds
1 Bath
-- Sq Ft
$643/mo HOA Fee

Recently Sold

14% Above List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch
  • Nettelhorst Elementary School Rated A-
  • Stainless Steel Appliances
  • Courtyard

About This Home

As of October 2024

Experience the perfect blend of vintage charm and modern updates in this top-floor, corner unit located on picturesque Cornelia Street in Lakeview. This spacious home in a classic 3-story walk-up features a sleek modern kitchen with 42" white cabinets, quartz countertops, and newer stainless steel appliances. Enjoy the convenience of in-unit, full-size washer and dryer, adding ease to your daily routine. The spacious bathroom and separate dining room create additional space for comfort and entertaining, while custom radiator covers add a stylish touch throughout. Storage is included, and deeded parking is available for purchase separately at $15,000. Nestled on a tree-lined street in a vibrant neighborhood, this home offers the best of Lakeview living. Don't miss out-schedule a showing today!

Last Agent to Sell the Property

Al Schwartz

Fulton Grace Realty License #475169644 Listed on: 09/11/2024

Fulton Grace Realty

Last Buyer's Agent

Bethanie Williams

@properties Christie's International Real Estate License #475125082

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,730

Lot Details

  • Additional Parcels

HOA Fees

  • $643 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Deeded Parking Sold Separately

Outdoor Features

  • Courtyard
  • Porch

Schools

  • Nettelhorst Elementary School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Stephanie Rosen Association, Phone Number (847) 432-1600
  • Low-Rise Condominium
  • Cornelia Place Subdivision
  • Property managed by Premier Management Services

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,730

Lot Details

0

HOA Fees

$643 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,Low Rise (1-3 Stories)
  • Subdivision Name: Cornelia Place
  • Age: 91-100 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: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • 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
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 325000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Deeded Sold Separately
  • Deeded Parking Cost: 15000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 643
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Management Services
  • Management Contact Name: Stephanie Rosen
  • Management Phone: 847-432-1600X402
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Nettelhorst Elementary School
  • Middle/Junior School: Nettelhorst Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 14211120151029
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Annual Amount: 6730.38
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 5, 2019
Sold by
Mercury Ventures Llc
Bought by
Calloway Sabrina P
Seller's Agent
Susan Davids
@properties Christie's International Real Estate
Buyer's Agent
Mark Glusker
Mark Allen Realty ERA Powered
List Price
$299,000
Sold Price
$292,000
Premium/Discount to List
-$7,000
-2.34%
Current Estimated Value
$191,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,000
Avg. Annual Appreciation
-7.51%
Original Mortgage
$200,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2016
Sold by
Berkowitz Perez Ii William D and Berkowitz Perez Nicole
Bought by
Mereury Ventures Llc

Purchase Details

Listed on
Jun 18, 2015
Closed on
Nov 17, 2015
Sold by
Arthur Kimberley
Bought by
Berkowitz Perez Ii William D and Berkowitz Perez Nicole
Seller's Agent
Holly Bergren
Dream Town Realty
Buyer's Agent
Susan Davids
@properties Christie's International Real Estate
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.21%
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 $292,000 Precision Title
Quit Claim Deed -- Attorney
Warranty Deed $230,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,200 New Conventional
Closed $206,250 New Conventional
Closed $200,000 New Conventional
Previous Owner $276,000 Fannie Mae Freddie Mac
Previous Owner $69,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $369,000 +13.5% --
09/17/2024 09/17/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $325,000 +11.3% --
10/10/2019 10/10/19 Sold $292,000 -2.3% --
09/04/2019 09/04/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $299,000 0.0% --
02/17/2016 02/17/16 Rented $2,200 0.0% --
02/07/2016 02/07/16 For Rent $2,200 0.0% --
11/17/2015 11/17/15 Sold $230,000 +5.0% --
07/23/2015 07/23/15 Pending -- -- --
07/06/2015 07/06/15 Price Changed $219,000 -4.4% --
06/18/2015 06/18/15 For Sale $229,000 -- --
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 $830 $4,971 $1,193 $3,778
2023 $809 $3,933 $973 $2,960
2022 $809 $3,933 $973 $2,960
2021 $791 $3,932 $972 $2,960
2020 $753 $3,381 $634 $2,747
2019 $744 $3,704 $634 $3,070
2018 $732 $3,704 $634 $3,070
2017 $772 $3,585 $557 $3,028
2016 $718 $3,585 $557 $3,028
2015 $657 $3,585 $557 $3,028
2014 $674 $3,635 $456 $3,179
2013 $661 $3,635 $456 $3,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12154581

Midwest Real Estate Data (MRED)

APN: 14-21-112-015-1029