NOT LISTED FOR SALE

641 W Willow St Unit 121 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $826,000 - $960,000

2 Beds
2.5 Baths
-- Sq Ft
$916/mo HOA Fee

Last Sold June 07, 2023

Last sale price $738,000

Est. 18% increase in value since last sale

Current estimated payment $6,546/month

4 Days on Market

Highlights

  • Doorman
  • Open Floorplan
  • Main Floor Bedroom
  • Abraham Lincoln Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of June 2023

Welcome to this spectacular 3 level townhome in the acclaimed City Commons gated community. The guard will greet you and open the gate for you to enter this amazing oasis with beautifully manicured grounds. Nestled in the heart of Lincoln Park in the acclaimed Lincoln school district. The spacious floor plan is spread across three levels of living space. Enter into the gracious foyer that leads into your open kitchen, living and dining rooms with noticeably tall ceilings. Gleaming white cabinets and granite countertops abound in the updated kitchen, with stainless steel appliances, pantry closet and sunny breakfast nook. Cozy up by the gas fireplace in the large living room featuring custom built-ins, projector TV , high end hardwired surround sound throughout the home, with ample space for a dining table, and soak up the sun through the floor-to-ceiling windows. On the bedroom level, you will find a generous sized primary suite with a wall of built-out closets, and en-suite bathroom with a smart toilet, jacuzzi tub with zero gravity illusion edges, separate shower, double sink floating vanity, inlay stone tiles and TV. The second bedroom offers a wall of custom California Closets, full bathroom with jacuzzi feature, laundry room and oversized linen closet round out the upper level. The magnificent lower level offers another living space that easily serves as a third bedroom, family room or office, with a powder room. Amazing entertaining space with a wet bar boosting a wine fridge and ice maker. Step out onto your private terrace with built-in gas grill. Hardwood floors and high ceilings throughout make this home extra special. Attached one car garage with a parking pad off of the cobblestoned private driveway. Desirable location close to New City Commons with Mariano's, movie theater, and shopping, plus close to Halsted and Armitage with countless restaurants including the Michelin rated Alinea. North/Clybourn red line station only a few blocks away.

Last Agent to Sell the Property

Laura Topp

Berkshire Hathaway HomeServices Chicago License #471001656 Listed on: 05/03/2023

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Rebecca Conant

Berkshire Hathaway HomeServices Chicago License #475178072

Last Buyer's Agent

Leigh Marcus

@properties Christie's International Real Estate License #475125223

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,261

Year Built

  • Built in 1987 | Remodeled in 2023

Lot Details

  • 2.8

HOA Fees

  • $916 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Stamped Concrete Patio
  • Terrace
  • Outdoor Grill

Schools

  • Lincoln Elementary School
  • Lincoln Park High Middle School
  • Lincoln Park High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, security, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 62 Units
  • Gina Delgado Association, Phone Number (312) 829-8900
  • Property managed by First Community Management

Amenities

  • Doorman

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,261

Year Built

Built in 1987 | Remodeled in 2023

Lot Details

0

HOA Fees

$916 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,T3-Townhouse 3+ Stories,Townhouse-TriLevel
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2023
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, Second Floor Laundry, Storage, Built-in Features, Open Floorplan, Dining Combo, Doorman, Drapes/Blinds, Granite Counters
  • Room Type: Foyer, Eating Area, Terrace
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Patio, Stamped Concrete Patio, Storms/Screens, Outdoor Grill
  • List Price: 699900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Secured
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: 916
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Lincoln Park High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 12261.47
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 1, 2023
Sold by
Zhu Yinqing
Bought by
Schranz Stephanie
Seller's Agent
Laura Topp
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Leigh Marcus
@properties Christie's International Real Estate
List Price
$699,900
Sold Price
$738,000
Premium/Discount to List
$38,100
5.44%
Views
65
Current Estimated Value
$869,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,036
Avg. Annual Appreciation
7.08%
Original Mortgage
$516,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2019
Sold by
Li Yehua
Bought by
Zhu Yinqing

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 10, 2016
Sold by
Yelsey Joshua and Yoder Nicole
Bought by
Li Yehua and Zhu Yinqing
Seller's Agent
Scott Newman
Keller Williams ONEChicago
Buyer's Agent
Layching Quek
Redfin Corporation
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$448,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 2, 2014
Closed on
Aug 1, 2014
Sold by
Horn Michael
Bought by
Yelsey Joshua and Yoder Nicole
Seller's Agent
Sophia Medesan
Medesan Realty
Buyer's Agent
Allison Harms
Compass
List Price
$614,900
Sold Price
$575,000
Premium/Discount to List
-$39,900
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$460,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2005
Sold by
Olshansky David S
Bought by
Horn Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,500
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 13, 2001
Sold by
Unruh Marilee C
Bought by
Olshansky David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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
Schranz Stephanie $738,000 Citywide Title
Zhu Yinqing -- Chicago Title Insurance Co
Li Yehua $640,000 Liberty Title & Escrow Co
Yelsey Joshua $575,000 St
Horn Michael $605,000 Multiple
Olshansky David S $431,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schranz Stephanie $516,600
Previous Owner Li Yehua $448,000
Previous Owner Yelsey Joshua $460,000
Previous Owner Horn Michael $423,500
Previous Owner Olshansky David S $100,000
Closed Horn Michael $181,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2023 06/07/23 Sold $738,000 +5.4% --
05/08/2023 05/08/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $699,900 +9.4% --
06/10/2016 06/10/16 Sold $640,000 -3.8% $267 / Sq Ft View Prior Sale
04/26/2016 04/26/16 Pending -- -- --
04/14/2016 04/14/16 Price Changed $665,000 -1.5% $277 / Sq Ft
04/04/2016 04/04/16 For Sale $675,000 +17.4% $281 / Sq Ft
08/11/2014 08/11/14 Sold $575,000 -4.0% $240 / Sq Ft View Prior Sale
07/11/2014 07/11/14 Pending -- -- --
06/27/2014 06/27/14 Price Changed $599,000 -2.6% $250 / Sq Ft
05/02/2014 05/02/14 For Sale $614,900 -- $256 / 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 $12,868 $69,213 $22,380 $46,833
2023 $12,523 $64,306 $18,048 $46,258
2022 $12,523 $64,306 $18,048 $46,258
2021 $12,261 $64,305 $18,048 $46,257
2020 $11,574 $55,056 $15,882 $39,174
2019 $11,325 $59,795 $15,882 $43,913
2018 $11,133 $59,795 $15,882 $43,913
2017 $10,356 $51,483 $12,994 $38,489
2016 $9,811 $51,483 $12,994 $38,489
2015 $8,953 $51,483 $12,994 $38,489
2014 $8,203 $46,781 $9,746 $37,035
2013 $8,030 $46,781 $9,746 $37,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11770946

Midwest Real Estate Data (MRED)

APN: 14-33-315-101-1021