Seller's Agent in 2024
Janet Mayer
RE/MAX
(630) 244-0755
1 in this area
80 Total Sales
545 W Addison St Unit 3 Chicago, IL 60613
Lakeview East NeighborhoodEstimated Value: $254,000 - $299,000
1
Bed
1
Bath
850
Sq Ft
$315/mo
HOA Fee
Highlights
- Wood Flooring
- Formal Dining Room
- Storage
- Nettelhorst Elementary School Rated A-
- Built-In Features
- Dogs and Cats Allowed
About This Home
As of May 2024Location, Location, Location! Third floor condo with the BEST view from the NEW WINDOWS nestled in a quiet/private, landscaped courtyard. Large living and dining areas with beautiful wood floors add the the unique charm of this century old unit, and great north-south light coming in. This condo is within steps of the lakefront, tennis courts, 9-hole golf course, bird sanctuary, coffee/sandwich shops/restaurant, running/bike path from Evanston to the Loop, grocery shopping, blocks from Wrigley Field, 5 nearby bus stops & the Red Line & many more exciting perks! Two Chicago Field Houses nearby with indoor exercise & pool. HUGE 10x6 storage unit in basement & LAUNDRY CAN BE INSTALLED IN THE UNIT. Garage parking doesn't come with the unit but is available in the area. Rentals allowed after 2 years of owner occupancy. HOA of $315/month + special assessment of $193.50 through Sept. 2027 for the new roof, parapet walls & downspouts.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,702
Year Built
- Built in 1925
Lot Details
- 0.36
HOA Fees
- $315 Monthly HOA Fees
Parking
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 850 Sq Ft Home
- 3-Story Property
- Built-In Features
- Replacement Windows
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Home Security
Schools
- Nettelhorst Elementary School
- Lake View High School
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiator
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 28 Units
- Payton Association, Phone Number (773) 975-7234
- Property managed by Kass Management
Pet Policy
- Pets up to 50 lbs
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
May 14, 2024
Sold by
Uguroglu Margaret
Bought by
Sanghera Jasmeet S
Seller's Agent
Janet Mayer
RE/MAX Action
Buyer's Agent
Kevin Turner
@properties Christie's International Real Estate
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
48
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
$27,329
Avg. Annual Appreciation
5.59%
Original Mortgage
$225,000
Outstanding Balance
$223,060
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$41,044
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 |
|---|---|---|---|
| Sanghera Jasmeet S | $245,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanghera Jasmeet S | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $245,000 | -2.0% | $288 / Sq Ft |
| 04/25/2024 04/25/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $250,000 | -- | $294 / 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 | $3,798 | $22,425 | $6,092 | $16,333 |
| 2023 | $3,702 | $18,000 | $4,913 | $13,087 |
| 2022 | $3,702 | $18,000 | $4,913 | $13,087 |
| 2021 | $3,619 | $17,999 | $4,912 | $13,087 |
| 2020 | $3,570 | $16,025 | $3,242 | $12,783 |
| 2019 | $3,527 | $17,553 | $3,242 | $14,311 |
| 2018 | $3,467 | $17,553 | $3,242 | $14,311 |
| 2017 | $3,678 | $17,087 | $2,849 | $14,238 |
| 2016 | $3,422 | $17,087 | $2,849 | $14,238 |
| 2015 | $3,131 | $17,087 | $2,849 | $14,238 |
| 2014 | $3,151 | $16,982 | $2,333 | $14,649 |
| 2013 | $3,089 | $16,982 | $2,333 | $14,649 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Mayer
-
Kevin Turner
Buyer's Agent in 2024
Kevin Turner
@ Properties
(312) 313-9272
7 in this area
59 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12030788
APN: 14-21-111-008-1016
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