NOT LISTED FOR SALE

547 W Addison St Unit 2N Chicago, IL 60613

Lakeview East Neighborhood

Estimated Value: $255,942 - $318,000

1 Bed
1 Bath
800 Sq Ft
0.36 Acres

Last Sold July 26, 2018

Last sale price $194,000 $242 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,831/month

Highlights

  • Wood Flooring
  • Living Room
  • Dining Room
  • Nettelhorst Elementary School Rated A-
  • Laundry Room
  • Heating System Uses Steam

About This Home

As of July 2023

"This impeccably quiet walk-up building enjoys a central location, conveniently situated near public transit hubs and an array of shops and restaurants. The apartment itself is beautifully maintained, showcasing a spacious living room, a generous bedroom, and a formal dining room that can easily double as an office space. The sleek hardwood walnut floors throughout provide a contemporary aesthetic. The well-appointed kitchen features stainless steel appliances, including a dishwasher and an over-the-range microwave. The bedroom offers ample space to accommodate a king-size bed and features both a large closet and a freestanding closet organizer. Grocery stores such as Jewel, Whole Foods, Marianos, Walgreens, and CVS are all within walking distance. Commuting downtown is a breeze, with nearby bus routes ensuring a quick 10-15 minute journey, while the Red/Brown/Blue line stations are also easily accessible. A diverse range of restaurants is available nearby for enjoyable evenings out, and there are gyms within walking distance for fitness enthusiasts. The monthly rent includes water, gas, and heat, and residents have the convenience of coin laundry facilities within the building."

Last Agent to Rent the Property

Kris Maranda

@properties Christie's International Real Estate License #475128964 Listed on: 06/21/2023

@properties Christie's International Real Estate

Last Renter's Agent

Kris Maranda

@properties Christie's International Real Estate License #475128964 Listed on: 06/21/2023

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1979

Lot Details

  • 0.36

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Property Available on 7/15/23
  • Rent includes heat, water

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,220

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Available Date: 2023-07-15
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1690

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • 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,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 1690
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Heat, Water

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 100X100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jul 26, 2018
Sold by
Kriener Eugene
Bought by
Bakalli Burim
Seller's Agent
Mary Jo Nathan
Baird & Warner
Buyer's Agent
Kris Maranda
@properties Christie's International Real Estate
List Price
$200,000
Sold Price
$194,000
Premium/Discount to List
-$6,000
-3%
Current Estimated Value
$278,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,986
Avg. Annual Appreciation
3.79%
Original Mortgage
$155,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2015
Sold by
Kriener Rosalyn M
Bought by
Kriener Rosalyn M and The Rosalyn Mary Kriener Trust

Purchase Details

Closed on
Jun 30, 1995
Sold by
Lynch Eileen M
Bought by
Kriener Rosalyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.9%
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
Bakalli Burim $194,000 Chicago Title Insurance Comp
Kriener Rosalyn M -- Attorney
Kriener Rosalyn M $80,000 Mercury Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakalli Burim $155,200
Previous Owner Kriener Rosalyn M $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Rented $1,750 +3.6% --
06/29/2023 06/29/23 Under Contract -- -- --
06/22/2023 06/22/23 Price Changed $1,690 0.0% $2 / Sq Ft
06/22/2023 06/22/23 For Rent $1,690 +6.3% --
06/21/2023 06/21/23 Off Market $1,590 -- --
06/21/2023 06/21/23 For Rent $1,590 +6.0% --
07/28/2020 07/28/20 Rented $1,500 0.0% --
06/26/2020 06/26/20 For Rent $1,500 0.0% --
07/26/2018 07/26/18 Sold $194,000 -3.0% $243 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $200,000 -- $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 $4,220 $24,359 $6,617 $17,742
2023 $4,113 $20,000 $5,337 $14,663
2022 $4,113 $20,000 $5,337 $14,663
2021 $4,022 $19,999 $5,336 $14,663
2020 $3,187 $17,408 $3,522 $13,886
2019 $3,142 $19,068 $3,522 $15,546
2018 $3,088 $19,068 $3,522 $15,546
2017 $3,269 $18,561 $3,095 $15,466
2016 $3,217 $18,561 $3,095 $15,466
2015 $2,921 $18,561 $3,095 $15,466
2014 $2,946 $18,446 $2,534 $15,912
2013 $2,877 $18,446 $2,534 $15,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11813815

Midwest Real Estate Data (MRED)

APN: 14-21-111-008-1021