$1,250,000
SOLD JUL 16, 2021

555 W Armitage Ave Unit 2W Chicago, IL 60614

Old Town Neighborhood
3 Beds
2.5 Baths
2,000 Sq Ft
$200/mo HOA Fee

Recently Sold

$625 Per Sq Ft

4% Above List Price

Highlights

  • New Construction
  • Rooftop Deck
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A-
  • Heated Floors
  • 1-minute walk to Fire Station Park

About This Home

As of July 2021

Halcyon Development introduces The 555 Collection! Designed as a nod to Chicago's Industrial Revolution, this development makes a statement. Beautiful red brick building surrounded with floor to ceiling recessed grid windows, iron details and cornice. Offering two sun drenched triplex units thoughtfully laid out with premium, quality materials and luxury finishes. Kitchen perfectly situated in middle of main level: waterfall island, professional grade appliance package, custom cabinetry, decorative pendant by Lightology. Primary bath has large black metal framed shower, handsome free standing soaking tub, detailed marble tile inlay, dual vanity with Ralph Lauren lighting, heated floors. Natural simply-white stained white oak hardwood floors, radiant lower level, dual zoned heat, laundry room with utility sink, crown molding/raised base boards, massive closets, family room featuring gorgeous navy wet bar. Private garage roof deck. One garage space. Fantastic opportunity for unique space in east Lincoln Park!

Last Agent to Sell the Property

Samantha Porter

Jameson Sotheby's Intl Realty License #475124897 Listed on: 12/04/2020

Jameson Sotheby's Intl Realty

Co-Listed By

Lauren Goldberg

Jameson Sotheby's Intl Realty License #475126102

Last Buyer's Agent

Craig Palmer

@properties Christie's International Real Estate License #471012609

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,846

Year Built

  • Built in 2020 | New Construction

Lot Details

  • End Unit

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Double Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Rooftop Deck
  • Patio
  • Terrace

Schools

  • Lincoln Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance
  • 4 Units
  • Seller's Attorney Association

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,846

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Penthouse
  • Ownership: Condo
  • New Construction: Yes
  • Property Sub-Type: Condo-Duplex,Penthouse
  • Year Built: 2020
  • Age: NEW Under Construction
  • 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: 2
  • New/Proposed Construction Options: Landscaping
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Front Controls on Range/Cooktop, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Bar-Wet, Hardwood Floors, Heated Floors, 2nd Floor Laundry, Walk-In Closet(s), Open Floorplan
  • LivingArea: 2000
  • Room Type: Terrace
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Double Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 1250000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Management: Developer Controls
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Seller's attorney
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Year: 2019

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jul 15, 2021
Sold by
Development Group Llc
Bought by
Brewer Curtis
Seller's Agent
Samantha Porter
Jameson Sotheby's Intl Realty
Buyer's Agent
Craig Palmer
@properties Christie's International Real Estate
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$850,000
Outstanding Balance
$769,938
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$530,558

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jul 14, 2021
Sold by
Development Group Llc
Bought by
Glynn Paul
Seller's Agent
Samantha Porter
Jameson Sotheby's Intl Realty
Buyer's Agent
Craig Palmer
@properties Christie's International Real Estate
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$769,938
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$530,558

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jul 7, 2021
Sold by
Development Group Llc
Bought by
Parry Tackett Jaron and Lopez Tackett Nichole
Seller's Agent
Samantha Porter
Jameson Sotheby's Intl Realty
Buyer's Agent
Craig Palmer
@properties Christie's International Real Estate
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$769,938
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$530,558

Purchase Details

Closed on
Mar 31, 2020
Sold by
Post Elaine A and Elaine A Post Trust
Bought by
Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,985,000
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 2003
Sold by
Post Elaine A
Bought by
Post Elaine and Amended & Restated Elaine Post Trust

Purchase Details

Closed on
Dec 9, 1993
Sold by
Scher Barry and Scher Nancy
Bought by
Post Melvin and Post Elaine A
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 Type Sale Price Title Company
Warranty Deed $1,250,000 Chicago Title Company
Warranty Deed $1,200,000 Chicago Title Insurance Co
Warranty Deed $1,450,000 Chicago Title
Warranty Deed $1,450,000 Chicago Title
Deed $1,500,000 Attorney
Interfamily Deed Transfer -- --
Warranty Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 New Conventional
Closed $1,160,000 New Conventional
Closed $548,250 New Conventional
Previous Owner $1,160,000 New Conventional
Previous Owner $8,985,000 Construction
Previous Owner $535,000 Adjustable Rate Mortgage/ARM
Previous Owner $260,100 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $406,500 Unknown
Previous Owner $265,000 Credit Line Revolving
Previous Owner $417,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $264,376 Stand Alone Second
Previous Owner $500,000 Credit Line Revolving
Previous Owner $333,700 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $301,000 Unknown
Previous Owner $297,500 Unknown
Previous Owner $300,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $1,500,000 +25.0% $750 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,200,000 -4.0% $600 / Sq Ft
07/16/2021 07/16/21 Sold $1,250,000 -- $625 / 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 $25,846 $123,585 $15,489 $108,096
2023 $25,196 $122,500 $12,491 $110,009
2022 $25,196 $122,500 $12,491 $110,009
2021 $54,295 $270,000 $52,775 $217,225
2020 $21,990 $98,710 $46,442 $52,268
2019 $34,542 $171,925 $46,442 $125,483
2018 $33,961 $171,925 $46,442 $125,483
2017 $32,491 $150,933 $37,998 $112,935
2016 $29,373 $150,933 $37,998 $112,935
2015 $30,317 $169,939 $37,998 $131,941
2014 $20,347 $114,068 $29,554 $84,514
2013 $21,315 $119,824 $29,554 $90,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11163647

Midwest Real Estate Data (MRED)

APN: 14-33-304-055-0000