Seller's Agent in 2022
Ashley Dirks
Fathom Realty IL LLC
(530) 864-4808
3 in this area
90 Total Sales
541 W Addison St Unit 1G Chicago, IL 60613
Lakeview East NeighborhoodEstimated Value: $224,119 - $278,000
2
Beds
1
Bath
900
Sq Ft
$228/mo
HOA Fee
Highlights
- Living Room
- Resident Manager or Management On Site
- Heating System Uses Steam
- Nettelhorst Elementary School Rated A-
- Dining Room
- Bike Trail
About This Home
As of February 2022Here's your chance to purchase a bright and spacious vintage garden unit steps from all the action! Own for less than your rent with incredibly LOW Taxes & Assessments! You'll be welcomed in (through your own private entrance) to fresh paint, high ceilings, hardwood floors & beautiful vintage details. Enjoy the spacious bedrooms which easily fit king & queen size beds along with tons of closet space! Laundry is just out your back door along with 2 HUGE floor to ceiling storage lockers (8'X6' & 3'x4'). Move right in and with a few personal touches; it'll be a perfect place to call home while you build equity! Unit may be rented out after 2 years of ownership. Just a block away from the Lake, 3 blocks from the CTA Redline & Wrigley Field and surrounded by all of the shopping & dining conveniences this bustling neighborhood has too offer. Rental parking available at the nearby New York building + fairly ample street parking. Building has been impeccably maintained with all major repairs & maintenance completed in the last several years including; roof, crown, tuckpointing, new boiler system (overhead), new copper piping, stairwells, mailboxes, & landscaping.
Last Agent to Sell the Property
Fathom Realty IL LLC License #475162368 Listed on: 08/26/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,887
Year Built
- Built in 1926
Lot Details
- 0.36
HOA Fees
- $228 Monthly HOA Fees
Home Design
- Garden Home
- Brick Exterior Construction
Interior Spaces
- 900 Sq Ft Home
- 3-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 28 Units
- Delila Association, Phone Number (773) 975-7234
- Property managed by Kass
Amenities
- Coin Laundry
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2021
Closed on
Feb 25, 2022
Sold by
Knapp Dean P
Bought by
Martinez Ernesto A and Bailie Samuel Elliott
Seller's Agent
Ashley Dirks
Fathom Realty IL LLC
Buyer's Agent
Mark Zipperer
RE/MAX Premier
List Price
$187,500
Sold Price
$170,710
Premium/Discount to List
-$16,790
-8.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,820
Avg. Annual Appreciation
10.69%
Original Mortgage
$50,710
Outstanding Balance
$47,255
Interest Rate
3.69%
Estimated Equity
$200,275
Purchase Details
Listed on
Aug 26, 2021
Closed on
Feb 16, 2022
Sold by
Knapp Dean P
Bought by
Martinez Ernesto A and Bailie Samuel Elliott
Seller's Agent
Ashley Dirks
Fathom Realty IL LLC
Buyer's Agent
Mark Zipperer
RE/MAX Premier
List Price
$187,500
Sold Price
$170,710
Premium/Discount to List
-$16,790
-8.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,710
Outstanding Balance
$47,255
Interest Rate
3.69%
Estimated Equity
$200,275
Purchase Details
Closed on
Mar 28, 2006
Sold by
Tyler Cary M and Tyler Judith
Bought by
Knapp Dean P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,640
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Ernesto A | $171,000 | -- | |
| Martinez Ernesto A | $171,000 | -- | |
| Knapp Dean P | $153,500 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Ernesto A | $50,710 | |
| Closed | Martinez Ernesto A | $50,710 | |
| Previous Owner | Knapp Dean P | $122,640 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2022 02/18/22 | Sold | $170,710 | 0.0% | $190 / Sq Ft |
| 10/24/2021 10/24/21 | Off Market | $170,710 | -- | -- |
| 08/26/2021 08/26/21 | For Sale | $187,500 | -- | $208 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,743 | $16,192 | $4,399 | $11,793 |
| 2023 | $1,970 | $13,000 | $3,547 | $9,453 |
| 2022 | $1,970 | $13,000 | $3,547 | $9,453 |
| 2021 | $1,944 | $12,999 | $3,547 | $9,452 |
| 2020 | $1,887 | $11,571 | $2,341 | $9,230 |
| 2019 | $1,857 | $12,674 | $2,341 | $10,333 |
| 2018 | $1,825 | $12,674 | $2,341 | $10,333 |
| 2017 | $1,929 | $12,337 | $2,057 | $10,280 |
| 2016 | $1,971 | $12,337 | $2,057 | $10,280 |
| 2015 | $1,780 | $12,337 | $2,057 | $10,280 |
| 2014 | $1,798 | $12,261 | $1,684 | $10,577 |
| 2013 | $1,752 | $12,261 | $1,684 | $10,577 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Dirks
-
Mark Zipperer
Buyer's Agent in 2022
Mark Zipperer
REMAX PREMIER
(773) 612-6628
55 in this area
280 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11200791
APN: 14-21-111-008-1007
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