NOT LISTED FOR SALE

603 W Arlington Place Unit 3 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $360,000 - $509,000

2 Beds
1 Bath
1,000 Sq Ft
$162/mo HOA Fee

Last Sold January 11, 2022

Last sale price $355,000 $355 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,927/month

15 Days on Market

Highlights

  • Formal Dining Room
  • Abraham Lincoln Elementary School Rated A-
  • 5-minute walk to North Pond Nature Sanctuary

About This Home

As of January 2022

Spacious 2 Bedroom Penthouse corner unit in lovely vintage building in picturesque area of Lincoln Park- Tree top views from most windows - In unit washer and dryer - Formal dining room - Walk in pantry 4 x 4 - updated kitchen has under mount sink, granite counters with ample preparation space, portable island will stay, SS appliances within 6 years - Beautiful marble tile bath - Nest thermostat - hardwood floors except for carpet in both bedrooms only - Custom built in closet organizers in both bedrooms - Extra storage in basement has a full 15 x 7 walk in closet - Walk to bus, grocery store, restaurants, Walgreens - minutes to red,brown n purple lines, Lincoln park zoo, lake front and lake shore drive - Building has good reserves of 15K - 62% owner occupied and no rental restrictions - super reasonable monthly assessment. Roof on building 2016

Last Agent to Sell the Property

Marti Janus

Coldwell Banker Realty License #475081557 Listed on: 11/05/2021

Coldwell Banker Realty

Last Buyer's Agent

Lee Cherney

Compass License #475127784

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,486

Lot Details

  • 5,227

HOA Fees

  • $162 per month

Parking

  • Parking Included in Price

Interior Spaces

  • Formal Dining Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 7 Units
  • Robert Bott Association, Phone Number (562) 618-4725

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,486

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Directions: Fullerton to Orchard N to Arlington W to 603
  • Lot Size: COMMON
  • Master Model: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Exterior Building Type: Brick,Block,Stone,Limestone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Robert Bott
  • Management Phone: 562-618-4725
  • Association Fee: 162
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Multi Family

  • Units in Building: 7

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5991.56
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Feb 10, 2022
Sold by
Miller Abraham J and Miller Deanna
Bought by
Jain Vibhanshu
Seller's Agent
Marti Janus
Coldwell Banker Realty
Buyer's Agent
Lee Cherney
Compass
List Price
$367,900
Sold Price
$355,000
Premium/Discount to List
-$12,900
-3.51%
Current Estimated Value
$436,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,606
Avg. Annual Appreciation
5.64%
Original Mortgage
$319,500
Outstanding Balance
$252,665
Interest Rate
2.25%
Estimated Equity
$183,941

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 7, 2022
Sold by
Miller Abraham J and Miller Deanna
Bought by
Jain Vibhanshu
Seller's Agent
Marti Janus
Coldwell Banker Realty
Buyer's Agent
Lee Cherney
Compass
List Price
$367,900
Sold Price
$355,000
Premium/Discount to List
-$12,900
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Outstanding Balance
$252,665
Interest Rate
2.25%
Estimated Equity
$183,941

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 26, 2015
Sold by
Stenger Andrea H
Bought by
Miller Abraham J
Seller's Agent
Gloria Gaschler
Coldwell Banker Realty
Buyer's Agent
Tatiana Perry
Berkshire Hathaway HomeServices Chicago
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$306,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
C L S Construction Properties Llc
Bought by
Stenger Andrea H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2008
Sold by
Lake Forest Bank & Trust Co
Bought by
Cls Construction Properties Llc

Purchase Details

Closed on
Feb 2, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Edward Blake and The Drb 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
Jain Vibhanshu $355,000 --
Jain Vibhanshu $355,000 --
Miller Abraham J $510,000 Title Resources Guaranty Co
Stenger Andrea H -- Ticor
Cls Construction Properties Llc $1,395,000 First American
Edward Blake $2,600,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Vibhanshu $319,500
Closed Jain Vibhanshu $319,500
Previous Owner Miller Abraham J $306,000
Previous Owner Stenger Andrea H $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2022 01/11/22 Sold $355,000 -3.5% $355 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $367,900 +8.2% $368 / Sq Ft
07/02/2015 07/02/15 Sold $340,000 -5.5% -- View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $359,900 -- --
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 $5,486 $42,004 $6,714 $35,290
2023 $4,644 $26,000 $5,407 $20,593
2022 $4,644 $26,000 $5,407 $20,593
2021 $4,558 $25,999 $5,406 $20,593
2020 $5,992 $29,998 $3,244 $26,754
2019 $5,824 $32,416 $3,244 $29,172
2018 $5,725 $32,416 $3,244 $29,172
2017 $5,664 $29,685 $2,883 $26,802
2016 $5,445 $29,685 $2,883 $26,802
2015 $4,959 $29,685 $2,883 $26,802
2014 $4,725 $28,036 $2,444 $25,592
2013 $4,621 $28,036 $2,444 $25,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11264482

Midwest Real Estate Data (MRED)

APN: 14-28-315-052-1003