$285,000
SOLD NOV 22, 2023
2 Beds
2 Baths
1,480 Sq Ft
$779/mo HOA Fee

Recently Sold

$193 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • Doorman
  • In Ground Pool
  • Landscaped Professionally
  • Fitness Center
  • Waterfront
  • 2-minute walk to Park 517

About This Home

As of May 2025

Preferred high floor C Tier, South, East, and West; City Skyline, Lake Michigan, and endless greenery! Always sunny South exposure complimented by floor-to-ceiling, fully workable windows. Fabulous modernized and reimagined floorplan, 1480 square feet, designer inspired 2/3rds open kitchen and expanded living room entrance for a wider open entry view, flexible office or bedroom set up for 2nd bedroom. This floorplan also provides amazing storage, including an oversized walk-in closet, ample space for a large and separate dining room, a large kitchen with cabinet storage, and plenty of preparation counter areas. All rooms have immediate access to the impressive 40 ft private balcony with wow views in every direction and perfect for natural ventilation. Durable finishes, custom parquet floors, and elegant carpet in the bedrooms. The unit is in fully move-in condition. The Malibu is the premier building on Sheridan Road; immediate access to 2 red line train stations (Thorndale & Granville), Xpress bus to Michigan ave just outside the building, walk to Whole Foods, Aldis, also minutes to Devon Market, Jewel, and Marianos. The Lakefont running and biking trails just outside, Lake Michigan's Thorndale Beach and Osterman Beach. Enjoy many coffee shops, restaurants, diners, pubs, and diverse shops all within easy walking distance; also minutes to Andersonville, Lincoln Square, and all that Chicago has to offer! The Malibu has strong reserves, and its a mainly owner-occupied building with great service, 24-door staff, and maintenance, a full service gym, a sauna, an oversized party room with a full kitchen, an outdoor pool with skyline views, and much more! Pet friendly, cats and dogs welcomed. Heated garage parking is available from the building for an additional fee; guest parking is also available. Full-size storage cage included. A fabulous and amazing living experience, if you want the Lakefront life, this is one not to miss!

Last Agent to Sell the Property

Santiago Valdez

Compass License #475153660 Listed on: 10/24/2023

Compass

Co-Listed By

Elizabeth Pyle

Compass License #475156314

Last Buyer's Agent

Ada Belson

@properties Christie's International Real Estate License #475171290

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1969 | Remodeled in 1996

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $779 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Heated Garage
  • Driveway

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,480 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Halls are 36 inches wide or more
  • Wheelchair Access
  • Wheelchair Adaptable
  • Accessibility Features
  • Stair Lift
  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Swift Elementary School Specialt
  • Senn High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 356 Units
  • Atica Kalamperovic Association, Phone Number (773) 334-3313
  • High-Rise Condominium
  • Property managed by Community Association Management
  • 39-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Picnic Area
  • Common Area
  • Sauna
  • Party Room
  • Coin Laundry
  • Service Elevator
  • Package Room
  • Convenience Store
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,636

Year Built

Built in 1969 | Remodeled in 1996

Lot Details

0

HOA Fees

$779 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 18
  • Rehab Year: 1996
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39
  • Year Renovated: 1996

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Accessibility Features: Hall Width 36 Inches or More, Stair Lift, Main Level Entry, Wheelchair Accessible, Wheelchair Adaptable
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1480
  • Room Type: Deck, Foyer, Walk In Closet
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, In Ground Pool, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 295000
  • Lot Features: Common Grounds, Landscaped
  • Roof: Rubber
  • Waterfront: Yes
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 779
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner, Laundry, High Speed Conn., In Ground Pool, Picnic Area, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Association Management
  • Management Contact Name: Atica Kalamperovic
  • Management Phone: 773-334-3313
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Swift Elementary School Specialt
  • High School: Senn High School
  • Middle/Junior School: Swift Elementary School Specialt
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 150
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4636
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
May 1, 2025
Sold by
Belson Gary and Belson Ada
Bought by
Rackow Julie and Rackow Ken
Seller's Agent
Ada Belson
@properties Christie's International Real Estate
Buyer's Agent
Michael Michalak
RE/MAX 10 Lincoln Park
List Price
$470,000
Sold Price
$470,000
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.09%

Purchase Details

Closed on
Jul 25, 2024
Sold by
Beauty And The Bricks Llc
Bought by
Belson Gary and Belson Ada

Purchase Details

Closed on
May 17, 1996
Sold by
Nygaard Douglas L and Schmidt Charles J
Bought by
Hefter Terese R
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 Type Sale Price Title Company
Warranty Deed $470,000 First American Title Insurance
Quit Claim Deed -- First American Title
Warranty Deed $135,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $470,000 0.0% $322 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $470,000 +64.9% $322 / Sq Ft
11/22/2023 11/22/23 Sold $285,000 -3.4% $193 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $295,000 -- $199 / 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 $3,605 $27,859 $1,391 $26,468
2023 $3,475 $23,054 $760 $22,294
2022 $3,475 $23,054 $760 $22,294
2021 $4,636 $23,053 $760 $22,293
2020 $3,862 $17,338 $642 $16,696
2019 $3,854 $19,184 $642 $18,542
2018 $3,790 $19,184 $642 $18,542
2017 $3,530 $16,400 $558 $15,842
2016 $3,285 $16,400 $558 $15,842
2015 $3,005 $16,400 $558 $15,842
2014 $2,787 $15,019 $425 $14,594
2013 $2,732 $15,019 $425 $14,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11915889

Midwest Real Estate Data (MRED)

APN: 14-05-215-015-1139