NOT LISTED FOR SALE

652 W Melrose St Unit 2 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $469,629 - $529,000

2 Beds
2 Baths
1,250 Sq Ft
$288/mo HOA Fee

Last Sold May 12, 2023

Last sale price $435,000 $348 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,410/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fenced Yard
  • Nettelhorst Elementary School Rated A-
  • Granite Countertops
  • Balcony

About This Home

As of May 2023

Gorgeous, light-filled 2 bed/2 bath in stately Lakeview greystone . So many wonderful features. Enormous entertaining kitchen - tons of prep space, gracious storage, granite counters and breakfast bar. South-facing living room with huge bay window, hardwood floors, 10'ceilings and fireplace. Cozy dining room with custom chandelier and direct access to front balcony. Spacious primary suite with updated bath, sitting area and great closets. Large rear deck overlooks serene backyard, in-unit washer/dryer and additional storage. Truly ideal Lakeview location - Walk to Broadway retail, grocery, transportation, Lake Michigan. Nettlehorst School District. Assessments include heat. Easy street parking or rental parking nearby.

Last Agent to Sell the Property

Chris Sears

@properties Christie's International Real Estate Listed on: 03/02/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Brittany Bussell

@properties Christie's International Real Estate License #475169603

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,923

Year Built | Renovated

  • 1997 | 1994

Lot Details

  • Fenced Yard

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Limestone

Interior Spaces

  • 1,250 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 10 feet or more
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Basement Storage

Home Security

Outdoor Features

  • Balcony
  • Deck

Schools

  • Nettelhorst Elementary School

Utilities

  • Central Air
  • Radiant Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, scavenger
  • 3 Units

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,923

Year Built | Renovated

1997 | 1994

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 1994
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1997
  • Year Renovated: 1994

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Ceiling - 10 Foot, Granite Counters
  • LivingArea: 1250
  • Room Type: Balcony/Porch/Lanai, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Partially Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • List Price: 425000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Limestone

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Radiant
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 288
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: none
  • Management Contact Name: none
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Scavenger, Other

Schools

  • Elementary School: Nettelhorst Elementary 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: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3922.83
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Forsberg Richard B and Lewis Michelle A
Bought by
Forsberg Richard B and Lewis Gabrielle M
Total Days on Market
4
Current Estimated Value
$496,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Outstanding Balance
$212,230
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$284,677

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 22, 2016
Sold by
Barba Ashley and Barba Karen
Bought by
Forsberg Richard B and Lewis Michelle A
Seller's Agent
Jill Schauwecker
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Chris Sears
@properties Christie's International Real Estate
List Price
$420,000
Sold Price
$380,000
Premium/Discount to List
-$40,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$304,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2012
Closed on
May 27, 2013
Sold by
Alarcon Rachel B
Bought by
Jems Super Fund Llc
Seller's Agent
Greg Alvarado
@properties Christie's International Real Estate
Buyer's Agent
Emily Phair
Keller Williams ONEChicago
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Reilly Sean J O and Reilly Megan P O
Bought by
Barba Ashley and Barba Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2011
Sold by
Oreilly Sean J and Pullem Megan E
Bought by
Oreilly Sean J and Oreilly Megan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,906
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2009
Sold by
Hutchison Jill Marie and Troxel Jill M
Bought by
Oreilly Sean and Pullem Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,696
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2005
Sold by
Berman Matthew
Bought by
Troxel Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 27, 2001
Sold by
Waikar Sachin
Bought by
Berman Matthew

Purchase Details

Closed on
Jun 4, 1999
Sold by
Getzloff John W
Bought by
Waikar Sachin V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.37%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Kalet Sydne J and Kalet Welch Sydne J
Bought by
Getzloff John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,200
Interest Rate
6.5%
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 Buyer Sale Price Title Company
Forsberg Richard B -- Chicago Title
Forsberg Richard B $380,000 None Available
Jems Super Fund Llc $187,500 --
Jems Super Fund Llc $187,500 --
Jems Super Fund Llc $187,500 --
Barba Ashley $320,000 None Available
Oreilly Sean J -- Lakeshore Title Agency
Oreilly Sean $348,000 First American Title Ins Co
Troxel Jill M $372,500 Multiple
Berman Matthew $300,000 --
Waikar Sachin V $272,000 --
Getzloff John W $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forsberg Richard B $283,000
Closed Forsberg Richard B $304,000
Previous Owner Barba Ashley $256,000
Previous Owner Oreilly Sean J $333,906
Previous Owner Oreilly Sean $341,696
Previous Owner Troxel Jill M $298,000
Previous Owner Troxel Jill M $55,875
Previous Owner Berman Matthew Lee $220,000
Previous Owner Waikar Sachin V $222,000
Previous Owner Getzloff John W $180,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $435,000 +2.4% $348 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $425,000 +11.8% $340 / Sq Ft
09/23/2016 09/23/16 Sold $380,000 -3.8% $304 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $395,000 -6.0% $316 / Sq Ft
06/23/2016 06/23/16 For Sale $420,000 +31.3% $336 / Sq Ft
04/25/2013 04/25/13 Sold $320,000 -3.0% $256 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $329,900 0.0% $264 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
12/13/2012 12/13/12 Price Changed $329,900 -3.0% $264 / Sq Ft
11/19/2012 11/19/12 Price Changed $340,000 -2.8% $272 / Sq Ft
10/26/2012 10/26/12 For Sale $349,900 0.0% $280 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $349,900 -- $280 / 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 $3,994 $43,500 $15,643 $27,857
2023 $3,994 $22,838 $12,615 $10,223
2022 $3,994 $22,838 $12,615 $10,223
2021 $3,923 $22,838 $12,615 $10,223
2020 $7,703 $37,679 $5,550 $32,129
2019 $7,588 $41,199 $5,550 $35,649
2018 $8,138 $41,199 $5,550 $35,649
2017 $6,888 $31,998 $4,877 $27,121
2016 $5,909 $31,998 $4,877 $27,121
2015 $5,383 $31,998 $4,877 $27,121
2014 $5,710 $30,778 $3,994 $26,784
2013 $5,598 $30,778 $3,994 $26,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11728654

Midwest Real Estate Data (MRED)

APN: 14-21-311-064-1002