NOT LISTED FOR SALE

551 W Belden Ave Unit 1FW Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $451,000 - $480,000

2 Beds
1 Bath
-- Sq Ft
5,750 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $355,000

Est. 30% increase in value since last sale

Current estimated payment $3,026/month

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Coin Laundry
  • Abraham Lincoln Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 4-minute walk to Mid-North Park

About This Home

As of July 2021

Spacious 2 bedroom 1 bath vintage condo in the heart of East Lincoln Park! Sits on a quiet street near all the Lincoln Park liveliness. Bright and functional open concept with soaring 11' ceilings and crown molding, beautiful stained-glass windows, detailed hardwood floors, gorgeous French doors, and a gas fireplace. Modern updates include kitchen with granite counter-tops and breakfast bar, stainless-steel appliances with dishwasher, and fresh paint. Central AC with gas forced air furnace. In unit washer and dryer, additional private storage, and easy permitted street parking. Professionally managed building. PRIME LOCATION close to Lincoln Avenue night life, Clark Street dining & shops, Fullerton El, Clark & Halsted street buses, Lincoln & Oz Parks, and Lake Shore Drive.

Last Agent to Rent the Property

Jason Wagner

Greystone Realty License #471021030 Listed on: 06/22/2021

Co-Listed By

Tracey Freeman

Greystone Realty License #475195262

Last Renter's Agent

Daria Dlouchy

Berkshire Hathaway HomeServices Chicago License #475186366

Berkshire Hathaway HomeServices Chicago

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,026

Year Built

  • Built in 1890

Lot Details

  • 5,750

Interior Spaces

  • 4-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in Bathroom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/1/21
  • Rent includes water, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 20 Units
  • Patrick Kane Association, Phone Number (312) 285-7511
  • Property managed by Kane Property Management

Pet Policy

  • Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,026

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Available Date: 2021-08-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2600
  • Security Deposit: NONE

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1890
  • Age: 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: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 2600
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: In Unit, In Bathroom
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Amenities: Coin Laundry
  • Rent Includes: Water, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager Off-site
  • Management Company: Kane Property Management
  • Management Contact Name: Patrick Kane
  • Management Phone: 312-285-7511

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Eutrell Kevin J
Bought by
Massana Ronan
Current Estimated Value
$461,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,300
Outstanding Balance
$230,946
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$230,635

Purchase Details

Closed on
Jul 21, 2017
Sold by
Whitmore Lisa L and Sciachetano Robert A
Bought by
Futrell Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
Holland Stefanie C
Bought by
Whitmore Lisa L and Sciachetano Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Holland Stefanie C and Kamm Wendi K
Bought by
Holland Stefanie C

Purchase Details

Closed on
Apr 20, 2000
Sold by
Campagna Janice M and Poirier Janice M
Bought by
Holland Stefanie C and Kamm Wendi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
7.75%
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
Massana Ronan $345,000 Chicago Title
Futrell Kevin J $355,000 Chicago Title
Whitmore Lisa L $337,000 Ctic
Holland Stefanie C $139,000 Chicago Title Insurance Co
Holland Stefanie C $239,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massana Ronan $255,300
Previous Owner Futrell Kevin J $266,250
Previous Owner Whitmore Lisa L $269,600
Previous Owner Holland Stefanie C $191,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Rented -- -- --
06/27/2021 06/27/21 Under Contract -- -- --
06/22/2021 06/22/21 For Rent $2,400 0.0% --
05/15/2019 05/15/19 Sold $355,000 0.0% -- View Prior Sale
04/15/2019 04/15/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $355,000 -- --
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 $7,026 $34,285 $4,314 $29,971
2023 $6,849 $33,300 $3,479 $29,821
2022 $6,849 $33,300 $3,479 $29,821
2021 $6,696 $33,298 $3,478 $29,820
2020 $6,066 $27,230 $3,061 $24,169
2019 $5,942 $29,574 $3,061 $26,513
2018 $5,842 $29,574 $3,061 $26,513
2017 $5,325 $28,112 $2,504 $25,608
2016 $5,130 $28,112 $2,504 $25,608
2015 $4,671 $28,112 $2,504 $25,608
2014 $4,871 $28,820 $1,878 $26,942
2013 $4,763 $28,820 $1,878 $26,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11131837

Midwest Real Estate Data (MRED)

APN: 14-33-111-063-1012