NOT LISTED FOR SALE

711 W Melrose St Unit A3 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $347,292 - $417,000

2 Beds
1 Bath
-- Sq Ft
$277/mo HOA Fee

Last Sold July 28, 2020

Last sale price $290,000

Est. 32% increase in value since last sale

Current estimated payment $2,773/month

2 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Breakfast Bar
  • Nettelhorst Elementary School Rated A-
  • Balcony
  • Property is near a bus stop

About This Home

As of July 2020

IT DOESN'T GET MUCH BETTER THAN THIS. A+ EAST LAKEVIEW LOCATION JUST STEPS TO HALSTED AND BROADWAY, THIS 2 BEDROOM HOME CAN'T BE BEAT! PENTHOUSE CONDO FEATURES HARDWOOD FLOORS THROUGHOUT, EXPOSED BRICK, WOOD-BURNING FIREPLACE, IN-UNIT WASHER/DRYER AND UPGRADED KITCHEN. SPACIOUS LAYOUT W/ DECK OFF THE LIVING ROOM, TONS OF NATURAL LIGHT. SITUATED IN THE HEART OF EAST LAKEVIEW, YOU CAN WALK TO IT ALL. THE LAKE, BROWN LINE, HALSTED BUS, COFFEE, GROCERIES, DINING AND MORE! HARD TO FIND DEEDED EXTERIOR PARKING AVAILABLE FOR $15,000.

Last Agent to Sell the Property

J Maggio

Americorp, Ltd License #475128409 Listed on: 06/25/2020

Co-Listed By

Hilary Kaden

@properties

Last Buyer's Agent

Jennefer Folsom

@properties Christie's International Real Estate License #475182691

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,553

Year Built | Renovated

  • 1960 | 2005

Lot Details

  • 9,191

HOA Fees

  • $277 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • Balcony
  • Southern Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,553

Year Built | Renovated

1960 | 2005

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2005
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1960
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1960
  • Year Renovated: 2005

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X20, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 07X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Deeded Sold Separately
  • Deeded Parking Cost: 15000

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Water, Parking, Common Insurance, Lawn Care, Snow Removal
  • Assessment Association Fees: 277
  • Management Contact Name: JENNIFER EAVES
  • Management Phone: 773-975-7234

Fee Information

  • Management Company: KASS

Schools

  • School District: 299
  • Elementary School: Nettelhorst Elementary School
  • Middle School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14213130711003

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Tax Info

  • Taxes: 4323.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 19, 2020
Sold by
Ryan Erin Kennedy and Kennedy Erin
Bought by
Khalid Mariyam
Seller's Agent
J Maggio
Americorp, Ltd
Buyer's Agent
Jennefer Folsom
@properties Christie's International Real Estate
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Total Days on Market
2
Current Estimated Value
$383,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,073
Avg. Annual Appreciation
4.39%
Original Mortgage
$145,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
711 Melrose Llc
Bought by
Kennedy Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,184
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Khalid Mariyam $290,000 Chicago Title
Kennedy Erin $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khalid Mariyam $145,000
Previous Owner Ryan Erin Kennedy $246,700
Previous Owner Kennedy Erin $243,184
Previous Owner Kennedy Erin $60,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $290,000 -3.3% --
06/27/2020 06/27/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $299,900 0.0% --
09/02/2018 09/02/18 Rented $2,300 0.0% --
08/20/2018 08/20/18 Off Market $2,300 -- --
08/14/2018 08/14/18 Price Changed $2,300 -4.2% --
07/24/2018 07/24/18 For Rent $2,400 +4.3% --
07/30/2017 07/30/17 Rented $2,300 0.0% --
07/25/2017 07/25/17 For Rent $2,300 -- --
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 $5,553 $27,484 $10,361 $17,123
2023 $5,553 $27,000 $8,355 $18,645
2022 $5,553 $27,000 $8,355 $18,645
2021 $5,429 $26,999 $8,355 $18,644
2020 $3,975 $20,944 $3,676 $17,268
2019 $3,913 $22,907 $3,676 $19,231
2018 $3,846 $22,907 $3,676 $19,231
2017 $4,157 $22,688 $3,230 $19,458
2016 $4,044 $22,688 $3,230 $19,458
2015 $3,677 $22,688 $3,230 $19,458
2014 $3,619 $22,075 $2,645 $19,430
2013 $3,537 $22,075 $2,645 $19,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10759576

Midwest Real Estate Data (MRED)

APN: 14-21-313-071-1003