NOT LISTED FOR SALE

554 W Deming Place Unit 2 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $217,000 - $248,000

1 Bed
1 Bath
-- Sq Ft
$244/mo HOA Fee

Last Sold March 22, 2024

Last sale price $225,000

Est. 5% increase in value since last sale

Current estimated payment $1,817/month

6 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Storage
  • Alcott Elementary School Rated A-
  • Resident Manager or Management On Site
  • 3-minute walk to North Pond Nature Sanctuary

About This Home

As of March 2024

Charming one-bedroom, one-bathroom condominium nestled in the heart of Lincoln Park, situated within a serene courtyard building. This quintessential light-filled residence embodies the essence of Lincoln Park living, boasting proximity to Lake Michigan, the bustling Red and Brown Line stations, convenient Divvy bike stations, tranquil beaches, verdant parks, Trader Joe's, and an array of vibrant bars and restaurants. Welcome to your urban oasis at Deming Flats, recently rehabbed to offer modern comfort and style. The thoughtfully designed floor plan showcases an inviting open kitchen adorned with sleek granite countertops, stainless steel appliances, and a convenient eat-in peninsula. Revel in the warmth of oak hardwood floors gracing the living room and kitchen areas. Enjoy the convenience of in-unit washer and dryer, along with Elfa organized closets for optimal storage solutions. Embrace the vibrant lifestyle of Lincoln Park, where you're just moments away from the bustling energy of Clark Street's shops and restaurants, as well as easy access to buses, the elevated train, and the expansive green spaces of Lincoln Park itself. Experience the epitome of urban living in this meticulously appointed condo, where convenience and charm converge seamlessly.

Last Agent to Sell the Property

Lauren Traficanto

@properties Christie's International Real Estate License #475148664 Listed on: 02/19/2024

@properties Christie's International Real Estate

Co-Listed By

Abby Kelley

@properties Christie's International Real Estate License #475174120

Last Buyer's Agent

Klopas Stratton Team

Jameson Sotheby's Int'l Realty License #471009697

Jameson Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,999

Year Renovated

  • 2007

Lot Details

  • 9,540

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3-Story Property
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Leased Parking
  • Assigned Parking

Schools

  • Alcott Elementary School
  • Lincoln Park High School

Utilities

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

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 27 Units
  • Pamela Chianelli Association, Phone Number (773) 772-8000
  • Deming Flats Subdivision
  • Property managed by Property Solutions

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,999

Year Renovated

2007

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Deming Flats
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens, Cable Access
  • Foundation Details: Brick/Mortar
  • List Price: 225000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 210

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 244
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Solutions
  • Management Contact Name: Pamela Chianelli
  • Management Phone: 773-772-8000X203
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2998.6
  • Tax Year: 2022

Multi Family

  • Units in Building: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 20, 2024
Sold by
Egan Daniel
Bought by
Clucas Victoria E
Seller's Agent
Lauren Traficanto
@properties Christie's International Real Estate
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$225,000
Sold Price
$225,000
Views
91
Current Estimated Value
$236,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,066
Avg. Annual Appreciation
4.34%
Original Mortgage
$191,250
Outstanding Balance
$189,112
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$48,069

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 25, 2016
Sold by
Moira O Donoghuc Patrick L and Donoghuc Moira O
Bought by
Egan Daniel
Seller's Agent
Daniel O'Donoghue
Compass
Buyer's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
List Price
$209,500
Sold Price
$198,000
Premium/Discount to List
-$11,500
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$185,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2007
Sold by
548 Deming Llc
Bought by
Odonoghue Patrick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,650
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Clucas Victoria E $225,000 None Listed On Document
Egan Daniel $198,000 Baird & Warner Title Service
Odonoghue Patrick L $207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clucas Victoria E $191,250
Previous Owner Egan Daniel $185,250
Previous Owner Odonoghue Patrick $197,000
Previous Owner Odonoghue Patrick L $196,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $225,000 0.0% --
02/25/2024 02/25/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $225,000 +13.6% --
08/05/2016 08/05/16 Sold $198,000 -0.8% --
06/29/2016 06/29/16 Pending -- -- --
06/11/2016 06/11/16 Price Changed $199,500 -4.8% --
05/18/2016 05/18/16 For Sale $209,500 -- --
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 $3,098 $21,414 $4,651 $16,763
2023 $2,999 $18,001 $3,746 $14,255
2022 $2,999 $18,001 $3,746 $14,255
2021 $3,619 $17,999 $3,745 $14,254
2020 $3,819 $17,144 $2,247 $14,897
2019 $3,722 $18,526 $2,247 $16,279
2018 $3,659 $18,526 $2,247 $16,279
2017 $3,448 $16,019 $1,997 $14,022
2016 $2,708 $16,019 $1,997 $14,022
2015 $2,455 $16,019 $1,997 $14,022
2014 $2,697 $17,102 $1,693 $15,409
2013 $2,632 $17,102 $1,693 $15,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11984949

Midwest Real Estate Data (MRED)

APN: 14-28-313-059-1013