Estimated Value: $198,000 - $225,000
1
Bed
1
Bath
770
Sq Ft
$779/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Community Pool
- Sundeck
- Nettelhorst Elementary School Rated A-
- Party Room
- Elevator
About This Home
As of October 2024Welcome to East Lakeview urban living at 555 West Cornelia Avenue, Unit 412. This elegant 1-bedroom, 1-bathroom corner unit offers a sophisticated space designed for modern comfort, with plenty of in-unit storage closets and an additional building storage unit. The seller has already ordered and paid to install an all-new California closet system in the entry utility closet, see model in the pictures. You'll love the newly remodeled bathroom, featuring a walk-in shower with floor-to-ceiling tiles and a rain head, along with a new vanity, toilet, and lighting. The kitchen is updated with brand-new stainless steel appliances, a stylish backsplash, under-cabinet lighting, and granite countertops. The spacious layout provides plenty of room to entertain or relax, and the private balcony with south views is a perfect spot to watch the sunrise with your morning coffee or unwind in the evening with a nice bubbly beverage. 555 W. Cornelia offers amazing building amenities such as a newly updated outdoor pool, sundeck, grills, a hospitality room, a bicycle room, and a laundry room with updated machines operable by phone app. The building is ideally located with easy access to Lake Michigan, Whole Foods, Jewel, and various dining, entertainment, and shopping venues. Parking is easy with an on-site garage at 170 per spot per month, with available guest's day and overnight parking. Your monthly HOA includes heat, cable, and internet, only utility bill extra is electric. Please note that 555 Cornelia is a no-dog building and in-unit laundry is not allowed. Only owner occupants are permitted not investors at this time, as the rental cap has been met. Enjoy the best of city living, with public transportation and the lakefront right at your doorstep. Come see!
Last Agent to Sell the Property
Compass License #471012580 Listed on: 09/14/2024
Last Buyer's Agent
William Vezo
Redfin Corporation License #475173068
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,914
Year Built
- Built in 1960
Lot Details
- 0.69
HOA Fees
- $779 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 770 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- Attached Garage
- Leased Parking
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Property is near a bus stop
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, security, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 229 Units
- Erica Castellano Association, Phone Number (773) 975-5991
- Stratford Place Subdivision
- Property managed by Community Specialists
- Lock-and-Leave Community
- 20-Story Property
Amenities
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2024
Closed on
Oct 23, 2024
Sold by
Donald J Policastro Jr Revocable Trust and Policastro Donald J
Bought by
Dahl Henry N
Seller's Agent
Susanna Cherubin-Delisi
Compass
Buyer's Agent
William Vezo
Redfin Corporation
List Price
$203,000
Sold Price
$215,000
Premium/Discount to List
$12,000
5.91%
Total Days on Market
7
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$938
Avg. Annual Appreciation
0.74%
Purchase Details
Listed on
Jul 20, 2022
Closed on
Sep 8, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Donald J Policastro Jr Revocable Trust
Seller's Agent
Steven Adatto
@properties Christie's International Real Estate
Buyer's Agent
Susanna Cherubin-Delisi
Compass
List Price
$170,000
Sold Price
$156,000
Premium/Discount to List
-$14,000
-8.24%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%
Purchase Details
Closed on
Mar 14, 2000
Sold by
Reimers Barbara J
Bought by
Chicago Title Land Trust Company and Trust #1107241
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
8.3%
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dahl Henry N | $215,000 | None Listed On Document | |
| Donald J Policastro Jr Revocable Trust | $156,000 | First American Title | |
| Chicago Title Land Trust Company | $104,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chicago Title Land Trust Company | $71,500 | |
| Previous Owner | Chicago Title Land Trust Company | $72,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $215,000 | +5.9% | $279 / Sq Ft |
| 09/21/2024 09/21/24 | Pending | -- | -- | -- |
| 09/14/2024 09/14/24 | For Sale | $203,000 | +30.1% | $264 / Sq Ft |
| 09/12/2022 09/12/22 | Sold | $156,000 | -1.9% | $203 / Sq Ft |
| 08/17/2022 08/17/22 | Pending | -- | -- | -- |
| 08/01/2022 08/01/22 | Price Changed | $159,000 | -6.5% | $206 / Sq Ft |
| 07/20/2022 07/20/22 | For Sale | $170,000 | -- | $221 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,827 | $17,019 | $1,602 | $15,417 |
| 2023 | $1,827 | $15,040 | $1,292 | $13,748 |
| 2022 | $1,827 | $15,040 | $1,292 | $13,748 |
| 2021 | $3,024 | $15,039 | $1,292 | $13,747 |
| 2020 | $2,899 | $13,012 | $852 | $12,160 |
| 2019 | $2,863 | $14,252 | $852 | $13,400 |
| 2018 | $2,815 | $14,252 | $852 | $13,400 |
| 2017 | $2,775 | $12,892 | $749 | $12,143 |
| 2016 | $2,582 | $12,892 | $749 | $12,143 |
| 2015 | $2,362 | $12,892 | $749 | $12,143 |
| 2014 | $2,333 | $12,572 | $613 | $11,959 |
| 2013 | $2,287 | $12,572 | $613 | $11,959 |
Source: Public Records
Agents Affiliated with this Home
-
Susanna Cherubin-Delisi
Seller's Agent in 2024
Susanna Cherubin-Delisi
Compass
(773) 457-8011
10 in this area
119 Total Sales
-
Daniel Otto
Seller Co-Listing Agent in 2024
Daniel Otto
Compass
(773) 425-7080
8 in this area
126 Total Sales
-
W
Buyer's Agent in 2024
William Vezo
Redfin Corporation
(312) 836-4263
-
Steven Adatto
Seller's Agent in 2022
Steven Adatto
@ Properties
(312) 720-4020
2 in this area
7 Total Sales
-
Marissa Hopkins
Seller Co-Listing Agent in 2022
Marissa Hopkins
@ Properties
(773) 612-8822
2 in this area
31 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12164021
APN: 14-21-305-030-1212
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