NOT LISTED FOR SALE

602 W Arlington Place Unit 2 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $490,000 - $540,000

2 Beds
2 Baths
1,100 Sq Ft
$243/mo HOA Fee

Last Sold July 22, 2021

Last sale price $415,000 $377 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,521/month

6 Days on Market

Highlights

  • Rooftop Deck
  • Lock-and-Leave Community
  • Whirlpool Bathtub
  • Alcott Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to North Pond Nature Sanctuary

About This Home

As of July 2021

Newly renovated south facing and bright home in the heart of Lincoln Park. Small intimate building with only 2 units per floor. All new hardwood floors, new kitchen with breakfast bar, quartz countertops and back splash and all new appliance. There is room for a real dining room table. Living room has some great built ins and a Juliet balcony. Primary suite closets are built out and new primary bath with double vanity, steeping whirlpool tub and great storage. In unit washer/dryer and a great roof deck. You can't beat this location close to transportation and tons of restaurants and night life!!! Low monthly assessments. Ready for your personnel touches. Vacant and easy to show!

Last Agent to Sell the Property

Susie Pearson

@properties Christie's International Real Estate License #475091463 Listed on: 06/17/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,851

Year Built

  • Built in 1900 | Remodeled in 2021

Lot Details

  • 4,835

HOA Fees

  • $243 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Outdoor Grill

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • Mid-Rise Condominium
  • Lock-and-Leave Community

Amenities

  • Sundeck
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,851

Year Built

Built in 1900 | Remodeled in 2021

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 1900
  • Age: 100+ Years
  • 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: 2021
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Bookcases
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Outdoor Grill
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 243
  • Association Amenities: Storage, Sundeck, Security Door Lock(s), Security Lighting
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: self managed
  • Management Phone: 000-000-0000

Fee Information

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

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: 6851.14
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 22, 2021
Sold by
Vass Vishwadeep and Tsai Chiung Huei
Bought by
Heldman John
Seller's Agent
Susie Pearson
@properties Christie's International Real Estate
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$508,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,144
Avg. Annual Appreciation
4.86%
Original Mortgage
$373,500
Outstanding Balance
$338,738
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$169,406

Purchase Details

Closed on
Aug 17, 2009
Sold by
Breen Jerome F and Breen Janice M
Bought by
Vass Vishwadeep and Tsai Chiung Huei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Davis Bailey G
Bought by
Breen Jerome F and Breen Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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
Heldman John $415,000 Proper Title
Vass Vishwadeep $330,000 Ticor Title Insurance Co
Breen Jerome F $360,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heldman John $373,500
Previous Owner Vass Vishwadeep $264,000
Previous Owner Breen Jerome F $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $415,000 -2.4% $377 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $425,000 -- $386 / 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 $7,358 $41,676 $7,017 $34,659
2023 $7,152 $38,191 $5,651 $32,540
2022 $7,152 $38,191 $5,651 $32,540
2021 $7,680 $38,190 $5,650 $32,540
2020 $7,030 $31,557 $3,390 $28,167
2019 $6,851 $34,100 $3,390 $30,710
2018 $6,736 $34,100 $3,390 $30,710
2017 $5,148 $23,915 $3,013 $20,902
2016 $4,790 $23,915 $3,013 $20,902
2015 $4,382 $23,915 $3,013 $20,902
2014 $5,542 $29,871 $2,554 $27,317
2013 $5,433 $29,871 $2,554 $27,317
Source: Public Records

Agents Affiliated with this Home

  • Susie Pearson

    Seller's Agent in 2021

    Susie Pearson

    @ Properties

    (312) 502-7322

    2 in this area

    37 Total Sales

    Susie Pearson
    Section Image
  • Matt Laricy

    Buyer's Agent in 2021

    Matt Laricy

    Americorp, Ltd

    (708) 250-2696

    63 in this area

    2,515 Total Sales

    Matt Laricy
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11126887

Midwest Real Estate Data (MRED)

APN: 14-28-314-035-1005

Illinois Cook County Chicago 60614 Lincoln Park

602 W Arlington Place Unit 2, Chicago, IL

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