RENTED JAN 14, 2025

Estimated Value: $126,000 - $145,063

1 Bed
1 Bath
-- Sq Ft
0.51 Acres

Last Sold December 16, 2024

Last sale price $122,000

Est. 9% increase in value since last sale

Current estimated payment $906/month

Highlights

  • Wood Flooring
  • Elevator
  • Living Room
  • Sundeck
  • Formal Dining Room
  • Laundry Room

About This Home

As of January 2025

Steps to Lake Michigan this high floor 1 bedroom 1 bathroom condo in the most desirable tier in the building. Showered in natural light from abundant windows. Fantastic layout offers plenty of space for living and dining. Kitchen with breakfast bar. Wood floors throughout. Great closet space. Unit was just painted and is ready to move right in and call it home. Building amenities include a bike room, a convenient on-site laundry, and a rooftop deck with sweeping views of the lake and city skyline. The building also has an on-site engineer. Located within easy reach of the lakefront, Wrigley Field, express bus routes to the Loop, and other transit options, this home offers the best of city living. Monthly rent covers all utilities including heat, A/C, electricity, gas, cable TV, internet, and water. Don't miss this well-rounded opportunity in a prime location!

Last Agent to Rent the Property

Joshua Wiedow

Baird & Warner License #475175015 Listed on: 12/19/2024

Baird & Warner

Last Renter's Agent

Evelyn Ramirez

Duarte Realty Company License #471022911

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.51

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Range
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Property Available on 1/1/25
  • Rent includes cable TV, electricity, heat, water, scavenger, exterior maintenance, storage lockers, internet, air conditioning, wi-fi

Community Details

Overview

  • 124 Units
  • 10-Story Property

Amenities

  • Sundeck
  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Available Date: 2025-01-01
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1550

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Attached
  • Year Built: 1951
  • Age: 71-80 Years
  • 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: 7
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 10

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Steam, Baseboard, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Amenities: Coin Laundry, Elevator(s), Storage, Sundeck
  • Rent Includes: Cable TV, Electricity, Heat, Water, Scavenger, Exterior Maintenance, Storage Lockers, Internet, Air Conditioning, Wi-Fi

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Dec 12, 2024
Sold by
Stanley James M and Colanese Jennifer A
Bought by
Maitland Anna
Seller's Agent
Joshua Wiedow
Baird & Warner
Buyer's Agent
Evelyn Ramirez
Duarte Realty Company
Sold Price
$1,550
Views
6
Current Estimated Value
$133,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,466
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Teifer Todd P
Bought by
Stanley James M and Colanese Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,250
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2009
Sold by
Fannie Mae
Bought by
Teifer Todd P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,608
Interest Rate
5.38%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2008
Sold by
Margolin Jeffrey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 31, 2002
Sold by
Vincic Mirko and Vincic Slavica
Bought by
Margolin Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,650
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 1999
Sold by
Muhlenkamp Anthony D
Bought by
Vincic Mirko and Vincic Slavica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.5%

Purchase Details

Closed on
Sep 28, 1996
Sold by
Lujan Alfred
Bought by
Muhlenkamp Anthony D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,550
Interest Rate
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maitland Anna $122,000 Proper Title
Stanley James M $131,000 None Available
Teifer Todd P $125,000 First American
Federal National Mortgage Association -- None Available
Margolin Jeffrey $138,500 --
Vincic Mirko $58,000 Chicago Title Insurance Co
Muhlenkamp Anthony D $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanley James M $98,250
Previous Owner Teifer Todd P $122,608
Previous Owner Margolin Jeffrey $124,650
Previous Owner Vincic Mirko $52,000
Previous Owner Muhlenkamp Anthony D $35,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Rented $1,550 0.0% --
01/03/2025 01/03/25 Under Contract -- -- --
12/19/2024 12/19/24 For Rent $1,550 0.0% --
12/16/2024 12/16/24 Sold $122,000 -9.6% -- View Prior Sale
11/24/2024 11/24/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $135,000 -3.6% --
10/03/2024 10/03/24 Price Changed $140,000 -3.4% --
08/01/2024 08/01/24 For Sale $145,000 0.0% --
04/26/2021 04/26/21 Rented $1,100 0.0% --
03/25/2021 03/25/21 Price Changed $1,100 -13.7% --
09/17/2020 09/17/20 Price Changed $1,275 -8.9% --
07/06/2020 07/06/20 For Rent $1,400 -- --
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 $2,487 $12,910 $1,559 $11,351
2023 $2,425 $11,790 $1,393 $10,397
2022 $2,425 $11,790 $1,393 $10,397
2021 $2,371 $11,789 $1,393 $10,396
2020 $2,330 $10,459 $870 $9,589
2019 $2,316 $11,527 $870 $10,657
2018 $2,277 $11,527 $870 $10,657
2017 $1,303 $9,426 $766 $8,660
2016 $1,388 $9,426 $766 $8,660
2015 $1,247 $9,426 $766 $8,660
2014 $1,392 $10,069 $592 $9,477
2013 $1,353 $10,069 $592 $9,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12258894

Midwest Real Estate Data (MRED)

APN: 14-16-304-042-1080