NOT LISTED FOR SALE

Estimated Value: $419,000 - $460,000

2 Beds
2 Baths
1,700 Sq Ft
$1,001/mo HOA Fee

Last Sold May 18, 2023

Last sale price $395,000 $232 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,826/month

12 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Thorndale Station
  • Marble Flooring
  • Fitness Center
  • Waterfront
  • 2-minute walk to Park 517

About This Home

As of May 2023

Welcome to unit 28B, a 1700 sq ft, high floor fully remodeled luxury condo in Chicago's Edgewater Beach! This Northeast corner unit is surrounded by water and natural light, providing a fresh and welcoming atmosphere. Designed with a luxury modern vibe, featuring oversized white marble stones and full floor glass windows that provide great indoor, outdoor living. The kitchen is expanded and fully opened up, with all white cabinets, stainless steel appliances, and a welcoming island for preparation and storage. The bathrooms are fully upgraded with clean, elegant stone finishes throughout and a glass shower door. The bedrooms have abundant closet space, including a walk-in closet in the in-suite bedroom. The Malibu building offers residents top-of-the-line service and amenities, including a skyline view pool and lounge, a resident-only gym, and immediate internal access to a grocery store, office, and public gym with personal trainers. The building also offers bike storage, additional unit storage, valet parking for one or multiple cars, valet parking for resident guests, 24-hour door staff and maintenance, an in-house building engineer, and an in-house management company. The Malibu is located at the water's edge, providing easy walking access to the beach, running and bike paths, and two red line stops. An express bus to Michigan Avenue is just outside, and Whole Foods is only three blocks away. There are also many restaurants and pubs at easy walking distance, providing true city living in a nature lover's paradise. Recent building updates include risers, elevators, and tuckpointing, with a gym currently being rebuilt with lake views. The building has well-funded reserves, currently with over $4,000,000, and many improvement plans completed and in progress with no special assessments, all within the already allocated budget. This is a fabulous investment in a live-in opportunity that you won't want to miss!

Last Agent to Sell the Property

Santiago Valdez

Compass License #475153660 Listed on: 03/23/2023

Compass

Co-Listed By

Elizabeth Pyle

Compass License #475156314

Last Buyer's Agent

Connie Abels

RE/MAX Premier License #471003976

RE/MAX Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,960

Year Built

  • Built in 1969 | Remodeled in 2019

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $1,001 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Transferrable Lease on Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Wheelchair Adaptable
  • Accessibility Features

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 356 Units
  • Lynn Winters Association, Phone Number (773) 334-3313
  • Property managed by Malibu Condo Assn.
  • 39-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Sauna
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,960

Year Built

Built in 1969 | Remodeled in 2019

Lot Details

0

HOA Fees

$1,001 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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: 28
  • Rehab Year: 2019
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Accessibility Features: Wheelchair Adaptable
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1700
  • Room Type: Foyer
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Transferrable Lease
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1001
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Sauna, Service Elevator(s), Valet/Cleaner, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Malibu Condo Assn.
  • Management Contact Name: Lynn Winters
  • Management Phone: 773-334-3313
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • 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: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5960
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 25, 2019
Sold by
Cioromski Hubert J and Cioromski Lori Hilson
Bought by
Chicago Title Land Trust Company and Trust Number 8002376509
Seller's Agent
Zachary Cioromski
Troy Realty Ltd
Buyer's Agent
Zachary Cioromski
Troy Realty Ltd
List Price
$299,999
Sold Price
$285,000
Premium/Discount to List
-$14,999
-5%
Current Estimated Value
$439,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,164
Avg. Annual Appreciation
6.69%
Original Mortgage
$225,000
Outstanding Balance
$197,813
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$241,351

Purchase Details

Closed on
Jun 8, 2010
Sold by
Saternus Ann Marie
Bought by
Cioromski Lori Hilson and Cioromski Hubert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 1998
Sold by
Lewandowski Robert Z and Lewandowski Maria
Bought by
Lewandowski Maria and The Maria Lewandowski Trust
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
Chicago Title Land Trust Company $285,000 Chicago Title Co
Cioromski Lori Hilson $200,000 Chicago Title Insurance Co
Lewandowski Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $225,000
Previous Owner Cioromski Lori Hilson $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2023 05/18/23 Sold $395,000 -1.0% $232 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $399,000 +40.0% $235 / Sq Ft
02/25/2019 02/25/19 Sold $285,000 -5.0% $168 / Sq Ft View Prior Sale
01/21/2019 01/21/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $299,999 -- $176 / 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 $6,254 $35,779 $1,786 $33,993
2023 $6,096 $29,641 $976 $28,665
2022 $6,096 $29,641 $976 $28,665
2021 $5,960 $29,639 $974 $28,665
2020 $4,960 $22,267 $825 $21,442
2019 $4,950 $24,639 $825 $23,814
2018 $4,867 $24,639 $825 $23,814
2017 $4,534 $21,063 $717 $20,346
2016 $4,219 $21,063 $717 $20,346
2015 $3,860 $21,063 $717 $20,346
2014 $3,579 $19,290 $547 $18,743
2013 $3,508 $19,290 $547 $18,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11739155

Midwest Real Estate Data (MRED)

APN: 14-05-215-015-1238