Seller's Agent in 2022
Brad Lippitz
Compass
(847) 778-6207
7 in this area
528 Total Sales
707 N Western Ave Unit 403 Chicago, IL 60612
West Town NeighborhoodEstimated Value: $481,000 - $718,000
3
Beds
2
Baths
1,650
Sq Ft
$382/mo
HOA Fee
Highlights
- Wood Flooring
- Elevator
- Balcony
- Mitchell Elementary School Rated 9+
- Stainless Steel Appliances
- 4-minute walk to Western Park
About This Home
As of November 2022First resale of this impeccable newer construction 3 bed/2bath top floor corner unit in prime West Town/Ukrainian Village boutique elevator building- one of just nine units in this LEED Silver-certified development. Incredibly sunny with floor to ceiling windows and South and West exposures features significant upgrades throughout, 10' ceilings, 8' solid core doors, custom wood paneling accents, and beautiful wide plank hardwood floors throughout. Spectacular chef's kitchen with custom Copatlife Italian cabinetry, quartz counters, Jenn-Air and Bosch stainless steel appliances, and oversized center island all flowing into ideal open concept living and dining space. Luxurious primary suite with incredible spa like bath including walk in rain shower, heated floors, large soaking tub, and dual vanities. Two additional great size bedrooms and modern guest bath with oversized shower. Incredible outdoor space includes large private terrace off of the kitchen plus unbelievable private roof deck with trex flooring and unobstructed skyline views. Wired for sound throughout, side by side w/d, tankless water heater, high efficiency hvac, and ample storage throughout. Heated garage space included. Walk to it all location right by Smith Park, Dark Matter Coffee, neighborhood shops and restaurants, Mariano's, Fresh Market, and easy access to Metra.
Last Buyer's Agent
@properties Christie's International Real Estate License #475172332
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,950
Year Built
- Built in 2016
Lot Details
- 9,060
HOA Fees
- $382 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Handicap Parking
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,650 Sq Ft Home
- 4-Story Property
- Living Room
- Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Halls are 36 inches wide or more
- Wheelchair Access
- Accessibility Features
Outdoor Features
- Balcony
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, scavenger, snow removal
- 9 Units
Amenities
- Elevator
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2022
Closed on
Oct 31, 2022
Sold by
Massaro Elizabeth and Krombach Mitchell
Bought by
Gajjala Sravan
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Tim McLoughlin
@properties Christie's International Real Estate
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,571
Avg. Annual Appreciation
1.80%
Original Mortgage
$510,000
Outstanding Balance
$490,633
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$130,938
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gajjala Sravan | $590,000 | Chicago Title | |
| Gajjala Sravan | $590,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gajjala Sravan | $510,000 | |
| Closed | Gajjala Sravan | $510,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $590,000 | -1.5% | $358 / Sq Ft | |
| 09/26/2022 09/26/22 | For Sale | $599,000 | +1.5% | $363 / Sq Ft | |
| 09/25/2022 09/25/22 | Off Market | $590,000 | -- | -- | |
| 09/25/2022 09/25/22 | Pending | -- | -- | -- | |
| 09/19/2022 09/19/22 | For Sale | $599,000 | +8.2% | $363 / Sq Ft | |
| 05/06/2016 05/06/16 | Sold | $553,700 | +2.6% | $336 / Sq Ft | View Prior Sale |
| 02/22/2016 02/22/16 | Pending | -- | -- | -- | |
| 02/22/2016 02/22/16 | For Sale | $539,900 | -- | $327 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,791 | $58,525 | $7,036 | $51,489 |
| 2023 | $7,841 | $41,545 | $3,211 | $38,334 |
| 2022 | $7,841 | $41,545 | $3,211 | $38,334 |
| 2021 | $7,684 | $41,543 | $3,210 | $38,333 |
| 2020 | $9,950 | $47,768 | $3,210 | $44,558 |
| 2019 | $10,569 | $52,605 | $3,210 | $49,395 |
| 2018 | $10,391 | $52,605 | $3,210 | $49,395 |
| 2017 | $10,076 | $46,807 | $2,713 | $44,094 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Lippitz
-
Brittany Shapiro
Seller Co-Listing Agent in 2022
Brittany Shapiro
Compass
(312) 498-5399
5 in this area
32 Total Sales
-
Tim McLoughlin
Buyer's Agent in 2022
Tim McLoughlin
@ Properties
(773) 251-7493
6 in this area
73 Total Sales
-
Melanie Giglio-Vakos
Seller's Agent in 2016
Melanie Giglio-Vakos
Compass
(312) 953-4998
51 in this area
657 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11632319
APN: 17-07-104-051-1009
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