NOT LISTED FOR SALE

605 W Arlington Place Unit 3 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $352,000 - $482,000

2 Beds
1 Bath
-- Sq Ft
$253/mo HOA Fee

Last Sold May 06, 2024

Last sale price $425,000

Current estimated payment $2,889/month

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Stainless Steel Appliances
  • Abraham Lincoln Elementary School Rated A-
  • Formal Dining Room
  • 5-minute walk to North Pond Nature Sanctuary

About This Home

As of May 2024

Come inside this truly stunning 2 bed, 1 bath condo in East Lincoln Park! Situated in one of the best neighborhoods in the world, stroll through bustling Lincoln Park and turn onto the quiet street of Arlington Place to reach the property. Pass through a vintage marble vestibule and head straight to the top floor, where you'll ALWAYS find the best real estate. The pied-a-terre found in Unit 3 will be no exception. You will be greeted by sunlight flowing through every side of the home. Bay windows frame the spacious living room, which flows seamlessly into the dining room. A classic kitchen hosts stainless appliances, granite counters and a walk in pantry. A large dining room completes the entertaining space. Down the hall, you will appreciate a second bedroom with a large closet. Then, a light and airy bathroom. The master bedroom is classically styled with large closets and room for a dresser. A lovely deck towers over the neighborhood and is the perfect spot to have your morning coffee or evening cocktail. This condo offers large closets and a washer and dryer in the unit. There is also a giant 8'x8' private storage closet in the basements for all the extras. While street parking is manageable, for a reserved space, there are nearby monthly parking options advertised on Spot Hero for $150. When you are ready to explore the best that Chicago has to offer, walk over to the Lake or Zoo, and then grab dinner at any number of incredible restaurants within walking distance. Our favorites are Bourgeois Pig for lunch, Blue Sushi for happy hour and Gemini Bistro for an old fashioned and a steak. Convenience is living a two minute walk from both Walgreens and a Trader Joe's. The work commute offers both bus and el options. It's truly an unbeatable spot and the perfect place to call home. No rental restrictions. First showings Sunday, March 24. **Professional photos to come**

Last Agent to Sell the Property

Olivia Carlson

@properties Christie's International Real Estate License #475125331 Listed on: 03/22/2024

@properties Christie's International Real Estate

Co-Listed By

Gabrielle Khan

@properties Christie's International Real Estate License #475204807

Last Buyer's Agent

Leopoldo Gutierrez

Redfin Corporation License #475190720

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,730

Lot Details

  • 5,227

HOA Fees

  • $253 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 13 Units
  • Lock-and-Leave Community

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,730

Lot Details

0

HOA Fees

$253 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 415000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 253
  • Association Amenities: Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

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
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4730.47
  • Tax Year: 2022

Multi Family

  • Units in Building: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 16, 2024
Sold by
Maloney Shannon M
Bought by
Potts Nina S
Seller's Agent
Olivia Carlson
@properties Christie's International Real Estate
Buyer's Agent
Leopoldo Gutierrez
Redfin Corporation
List Price
$415,000
Sold Price
$425,000
Premium/Discount to List
$10,000
2.41%
Views
3
Current Estimated Value
$425,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532
Avg. Annual Appreciation
0.09%
Original Mortgage
$332,000
Outstanding Balance
$326,671
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$98,861

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 17, 2021
Sold by
Rentschler Peter R and Lillis Kathryn Marie
Bought by
Maloney Shannon M
Seller's Agent
Lauren Mitrick Wood
Compass
Buyer's Agent
Stefanie Lavelle
@properties Christie's International Real Estate
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$349,200
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2016
Closed on
Oct 14, 2016
Sold by
Hellman Bere David R and Hellman Bere Whitney
Bought by
Rentschler Peter R
Seller's Agent
Courtney Welsch
Baird & Warner
Buyer's Agent
Lauren Mitrick Wood
Compass
List Price
$334,900
Sold Price
$330,000
Premium/Discount to List
-$4,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Original Mortgage
$264,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2016
Closed on
Oct 9, 2016
Sold by
Hellman Hellman Whitney Whitney and Hellman Bere Whitney
Bought by
Hellman Bere David R and Hellman Bere Whitney
Seller's Agent
Courtney Welsch
Baird & Warner
Buyer's Agent
Lauren Mitrick Wood
Compass
List Price
$334,900
Sold Price
$330,000
Premium/Discount to List
-$4,900
-1.46%

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
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2009
Sold by
C L S Construction Properties Llc
Bought by
Hellman Whitney

Purchase Details

Closed on
Nov 28, 2006
Sold by
First Midwest Bank
Bought by
Hellman Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Potts Nina S $425,000 Proper Title
Maloney Shannon M $360,000 Chicago Title
Rentschler Peter R $330,000 Greater Illinois Title
Hellman Bere David R -- Greater Illinois Title
Hellman Whitney -- None Available
Hellman Whitney $340,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Nina S $332,000
Previous Owner Maloney Shannon M $349,200
Previous Owner Rentschler Peter R $264,000
Previous Owner Hellman Whitney $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold $425,000 +2.4% --
03/22/2024 03/22/24 For Sale $415,000 +15.3% --
09/24/2021 09/24/21 Sold $360,000 +2.9% -- View Prior Sale
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $350,000 +6.1% --
12/01/2016 12/01/16 Sold $330,000 -1.5% -- View Prior Sale
10/13/2016 10/13/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $334,900 -- --
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 $4,853 $36,400 $5,818 $30,582
2023 $4,730 $23,001 $4,686 $18,315
2022 $4,730 $23,001 $4,686 $18,315
2021 $4,625 $22,999 $4,685 $18,314
2020 $5,791 $25,995 $2,811 $23,184
2019 $5,644 $28,091 $2,811 $25,280
2018 $5,549 $28,091 $2,811 $25,280
2017 $5,538 $25,724 $2,498 $23,226
2016 $4,652 $25,724 $2,498 $23,226
2015 $4,233 $25,724 $2,498 $23,226
2014 $4,031 $24,296 $2,118 $22,178
2013 $3,941 $24,296 $2,118 $22,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12011195

Midwest Real Estate Data (MRED)

APN: 14-28-315-052-1007