NOT LISTED FOR SALE

627 W Arlington Place Unit 3 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $341,000 - $423,000

2 Beds
1 Bath
700 Sq Ft
$156/mo HOA Fee

Last Sold April 17, 2017

Last sale price $290,000 $414 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,706/month

135 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Forced Air Heating and Cooling System
  • Community Storage Space
  • Abraham Lincoln Elementary School Rated A-
  • Dogs and Cats Allowed

About This Home

As of April 2017

Top floor unit, completely updated with newly refinished wood floors throughout, traverntine marble in the bathroom. Classy kitchen with Cherry finish cabinets, granite counters and SS appliances. Millwork throughout the unit, is amazing. This unit also has a nice balcony off the living area. Very low HOA fees of only $156 make this an investors dream as well. Area rent would pay $2000 min.

Last Agent to Sell the Property

Timothy Rhoten

Red Carpet Investment Group In License #471007578 Listed on: 11/01/2016

Last Buyer's Agent

Bob McCorry

@properties Christie's International Real Estate License #475128160

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,809

Year Renovated

  • 2015

Lot Details

  • 8,799

HOA Fees

  • $156 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Kathy Association
  • Property managed by Triview

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

$3,809

Year Renovated

2015

Lot Details

0

HOA Fees

$156 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: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2015
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2015

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 291500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 156
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Triview
  • Management Contact Name: Kathy
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0
  • 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: 3809.48
  • Tax Year: 2014

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Wojtowicz Bailey E and Wojtowicz Scott A
Bought by
Silhavy Jake
Current Estimated Value
$393,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2020
Sold by
Hacker Scott and Hacker Claire M
Bought by
Wojtowicz Bailey E and Wojtowicz Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2016
Closed on
Apr 10, 2017
Sold by
Solomon Dawn L
Bought by
Hacker Scott
Seller's Agent
Timothy Rhoten
Red Carpet Investment Group In
Buyer's Agent
Bob McCorry
@properties Christie's International Real Estate
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$232,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Silhavy Jake $350,000 None Listed On Document
Wojtowicz Bailey E $315,000 Attorneys Ttl Guaranty Fund
Hacker Scott $290,000 Altima Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silhavy Jake $264,900
Previous Owner Silhavy Jake $262,500
Previous Owner Wojtowicz Bailey E $283,500
Previous Owner Hacker Scott $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Off Market $290,000 -- --
04/17/2017 04/17/17 Sold $290,000 -0.5% $414 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
02/17/2017 02/17/17 Price Changed $291,500 -2.5% $416 / Sq Ft
11/01/2016 11/01/16 For Sale $299,000 -- $427 / 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 $5,419 $31,323 $5,513 $25,810
2023 $5,261 $29,000 $4,440 $24,560
2022 $5,261 $29,000 $4,440 $24,560
2021 $5,831 $28,999 $4,439 $24,560
2020 $5,160 $26,265 $2,663 $23,602
2019 $5,013 $28,381 $2,663 $25,718
2018 $5,606 $28,381 $2,663 $25,718
2017 $4,144 $22,626 $2,367 $20,259
2016 $4,032 $22,626 $2,367 $20,259
2015 $3,665 $22,626 $2,367 $20,259
2014 $3,809 $20,532 $2,007 $18,525
2013 $4,342 $23,875 $2,007 $21,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09379197

Midwest Real Estate Data (MRED)

APN: 14-28-315-053-1023