NOT LISTED FOR SALE

550 N Ogden Ave Unit 5N Chicago, IL 60642

West Town Neighborhood

Estimated Value: $760,000 - $841,052

3 Beds
2 Baths
-- Sq Ft
$403/ mo HOA Fee

Last Sold May 01, 2024

Last sale price $800,000

Current estimated payment $5,859/month

9 Days on Market

Highlights

  • Rooftop Deck
  • End Unit
  • Elevator
  • Wood Flooring
  • Wine Refrigerator
  • 4-minute walk to Mineral Wells City Park

About This Home

As of May 2024

Fantastic opportunity to own this newer construction 3 bedroom / 2 bath penthouse with roof deck and garage parking in River West. This all-brick, boutique elevator building provides you with sleek and sophisticated urban living complete with unobstructed skyline views. Light floods in from all sides as the space boasts full exposure from each direction. A generously appointed floor plan opens into a combined living and kitchen space with nearly new wide-plank hardwood flooring, integrated Fisher & Paykel appliance package, an Arhciesesto kitchen with custom shelving and storage and capped off with a waterfall-edge quartz island. Just off the living space is an eastern facing balcony fitted with Trex decking and a gas line hookup for easy grilling. 2 large guest bedrooms fitted with custom closets and storage space are great for visitors or as a home office. A beautifully appointed and large primary suite flows into your ensuite bath complete with heated floors, double vanity, large shower with bench, and floating shelving. The building's elevator will take you directly to the roof deck where you can enjoy your own designated patio space fitted with stylish and easy to maintain pavers and 360 degree views of the city. A storage space and one parking spot in the attached heated garage is included in the price. The building's video intercom system allows for easy remote access for both guests and packages. Located only blocks away from the blue line and with direct access to the highway, this gives you the best of city living. Within walking distance to great restaurants on Grand and Ogden and a short distance to Fulton Market. Don't miss the opportunity to own this next to new condo with all the best in modern amenities.

Last Agent to Sell the Property

Jeffrey Lowe

Compass License #475154506 Listed on: 02/22/2024

Compass

Co-Listed By

William Dwyer

Compass License #475180283

Last Buyer's Agent

Kevin Patel

eXp Realty License #475159928

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,685

Year Built

  • Built in 2020

Lot Details

  • 5,009

HOA Fees

  • $403 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Electric Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Otis Elementary School
  • Wells Community Academy Senior H High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • End Unit
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,685

Year Built

Built in 2020

Lot Details

5,009 Sq Ft Lot

HOA Fees

$403 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2020
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage, Walk-In Closet(s)
  • Room Type: Balcony/Porch/Lanai, Deck
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck, Storms/Screens, End Unit
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 403
  • Association Amenities: Elevator(s), Storage, Public Bus, Private Laundry Hkup
  • Association Fee Frequency: Monthly
  • Management: Developer Controls
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Otis Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Otis Elementary School

Lot Info

  • 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: 999

Tax Info

  • Tax Annual Amount: 14685
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 26, 2024
Sold by
Utter Robert and Utter Denise
Bought by
Amin Pratik and Bhakta Priya
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Kevin Patel
eXp Realty
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
33
Current Estimated Value
$797,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,487
Avg. Annual Appreciation
-0.17%
Original Mortgage
$800,000
Outstanding Balance
$785,132
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$12,381
Source: Public Records
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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
Amin Pratik $800,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amin Pratik $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2024 05/01/24 Sold $800,000 +0.1% --
03/03/2024 03/03/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $799,000 +6.7% --
04/28/2021 04/28/21 Sold $749,000 0.0% -- View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $749,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $15,131 $80,001 $4,982 $75,019
2024 $15,131 $80,001 $4,982 $75,019
2023 $14,685 $74,819 $4,012 $70,807
2022 $14,685 $74,819 $4,012 $70,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986133

Midwest Real Estate Data (MRED)

APN: 17-08-126-028-1008

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