$200,000
SOLD JUN 24, 2024
2 Beds
1 Bath
873 Sq Ft
$654/mo HOA Fee

Recently Sold

$229 Per Sq Ft

11% Above List Price

7 Days on Market

Highlights

  • Waterfront
  • Elevator
  • Resident Manager or Management On Site
  • Lock-and-Leave Community
  • Formal Dining Room
  • 2-minute walk to Park No. 559

About This Home

As of June 2024

Bright and sunny 2bd 1ba unit at the iconic Park Edgewater building. Spacious layout with a formal foyer, friendly floor-plan and vintage charm. Dining room has been converted into 2nd bedroom/office allowing for split floorplan great for roommates or guests. Living space allows plenty of space for combined dining and living furniture set up. Kitchen has been rehabbed and features granite countertops, 40" cabinets and stainless steel appliances. Spacious master bedroom with large closet and custom built window bench seating. All rooms face south allowing for nice light and lake views. Large storage locker included with unit. Building features elevator, on site engineer, laundry and bike room. Parking available on site for rent. Fantastic Edgewater location near lakefront, Loyola University, bus lines, Granville Redline stop and Edgewater/rogers nightlife. Unit has been just freshly painted and ready for new owner! 2022 Taxes are $2021, monthly HOA is $654 and includes heat, cable and internet

Last Agent to Sell the Property

Luke Wojcik

Triton Realty Group LLC License #475139979 Listed on: 05/15/2024

Last Buyer's Agent

Stefanie Lavelle

@properties Christie's International Real Estate License #475125542

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1926 | Remodeled in 2010

Lot Details

  • Waterfront

HOA Fees

  • $654 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 873 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Laminate Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 103 Units
  • Park Edgewater Condo Management Association, Phone Number (773) 761-4334
  • High-Rise Condominium
  • Property managed by Park Edgewater Condo Management Office
  • Lock-and-Leave Community
  • 15-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Service Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 20 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,221

Year Built

Built in 1926 | Remodeled in 2010

Lot Details

0

HOA Fees

$654 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Vintage
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 8
  • Rehab Year: 2010
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15
  • Year Renovated: 2010

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors
  • Room Type: Foyer
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 873
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 873
  • Total Sq Ft: 873
  • Main Level Sq Ft: 873

Exterior Features

  • List Price: 179900
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Fuses
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 654
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, On Site Manager/Engineer, Security Door Lock(s), Service Elevator(s), Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Park Edgewater Condo Management Office
  • Management Contact Name: Park Edgewater Condo Management
  • Management Phone: 773-761-4334
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, TV/Cable, Exterior Maintenance, Lawn Care, 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
  • Is Parking Included in Price: No
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 2221.16
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 20, 2024
Sold by
Palaitis Family Trust and Palaitis Aurimas
Bought by
Ocana Frances C
Seller's Agent
Luke Wojcik
Triton Realty Group LLC
Buyer's Agent
Stefanie Lavelle
@properties Christie's International Real Estate
List Price
$179,900
Sold Price
$200,000
Premium/Discount to List
$20,100
11.17%
Views
28
Current Estimated Value
$206,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,517
Avg. Annual Appreciation
2.93%
Original Mortgage
$155,000
Outstanding Balance
$153,836
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$52,681

Purchase Details

Closed on
Apr 13, 2023
Sold by
Palaitis Aurimas and Palaitis Ruta
Bought by
Palaitis Family Trust

Purchase Details

Listed on
Mar 29, 2016
Closed on
Oct 14, 2016
Sold by
Fannie Mae
Bought by
Fernandez Felicia
Seller's Agent
Stanislaw Krozel
Royal Service Realty Chicago Metro Properties
Buyer's Agent
daniel rippel
Daniel Rippel
List Price
$259,900
Sold Price
$244,000
Premium/Discount to List
-$15,900
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.89%
Original Mortgage
$219,600
Interest Rate
4.08%

Purchase Details

Closed on
Jan 30, 2009
Sold by
Washington Beverly M
Bought by
Palaitis Aurimas and Palaitis Ruta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.03%
Mortgage Type
Unknown
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
Deed $200,000 Old Republic National Title
Warranty Deed -- None Listed On Document
Special Warranty Deed -- Fidelity National Title
Warranty Deed $115,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Previous Owner $219,600 No Value Available
Previous Owner $103,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $200,000 +11.2% $229 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $179,900 -47.5% $206 / Sq Ft
01/14/2018 01/14/18 Off Market $342,500 -- --
10/04/2017 10/04/17 Sold $342,500 -6.1% --
08/23/2017 08/23/17 Pending -- -- --
07/25/2017 07/25/17 Price Changed $364,900 -1.4% --
07/20/2017 07/20/17 Price Changed $369,900 -5.1% --
07/16/2017 07/16/17 For Sale $389,900 +59.8% --
11/08/2016 11/08/16 Sold $244,000 -6.1% --
09/16/2016 09/16/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $259,900 0.0% --
07/26/2016 07/26/16 Pending -- -- --
07/05/2016 07/05/16 Price Changed $259,900 -5.5% --
05/31/2016 05/31/16 Price Changed $274,900 -5.2% --
05/02/2016 05/02/16 Price Changed $289,900 -4.9% --
03/29/2016 03/29/16 For Sale $304,900 -- --
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 $2,278 $13,418 $2,805 $10,613
2023 $2,221 $10,800 $2,255 $8,545
2022 $2,221 $10,800 $2,255 $8,545
2021 $2,172 $10,799 $2,255 $8,544
2020 $2,188 $9,821 $1,296 $8,525
2019 $2,183 $10,867 $1,296 $9,571
2018 $2,147 $10,867 $1,296 $9,571
2017 $857 $7,354 $1,127 $6,227
2016 $973 $7,354 $1,127 $6,227
2015 $867 $7,354 $1,127 $6,227
2014 $957 $7,724 $845 $6,879
2013 $927 $7,724 $845 $6,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12056711

Midwest Real Estate Data (MRED)

APN: 14-05-211-025-1045