NOT LISTED FOR SALE

711 W Melrose St Unit C2 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $256,223 - $351,000

1 Bed
1 Bath
-- Sq Ft
$261/mo HOA Fee

Last Sold May 03, 2021

Last sale price $227,500

Est. 29% increase in value since last sale

Current estimated payment $2,183/month

50 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Walk-In Closet
  • Nettelhorst Elementary School Rated A-
  • Soaking Tub
  • Property is near a bus stop

About This Home

As of May 2021

Super cute 1-bedroom condo on the best street in east Lakeview, surrounded by $1M+ properties! Freshly painted and move-in ready! The main living area is anchored by a brick, wood-burning fireplace for cozy evenings. Nice kitchen has stainless appliances, storage and thick granite counters. The en-suite bedroom features a walk-in closet w/Elfa organizing system, plus attached full bath. Nice hardwood floors throughout anchor the space and the attached balcony is great for grilling! One deeded PARKING SPACE included in price - convenient to use or rent out! Melrose is literally steps to tons of shops and restaurants, plus super easy access to CTA - either express buses or Belmont L station. Nothing to do other than move right in!

Last Agent to Sell the Property

Richard Neal

@properties Christie's International Real Estate License #471015122 Listed on: 02/22/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Megan Hughes

@properties Christie's International Real Estate License #475168564

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,319

Year Built | Renovated

  • 1976 | 2004

Lot Details

  • 9,191

HOA Fees

  • $261 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Wood Burning Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Parking

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

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,319

Year Built | Renovated

1976 | 2004

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: Unknown
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2004
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1976
  • Year Renovated: 2004

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X8, On Level: Main Level, Flooring: Hardwood, Windows: Window Treatments
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Slab
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 12X4, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt, Off Alley
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Snow Removal
  • Assessment Association Fees: 261
  • Management Contact Name: Manager
  • Management Phone: 773-975-7234

Fee Information

  • Management Company: Kass

Schools

  • School District: 299
  • Elementary School: Nettelhorst Elementary School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14213130711008

Multi Family

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

Tax Info

  • Taxes: 3417.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 27, 2021
Sold by
Mccloughan Charles and Mccloughan Kelly
Bought by
Spalla Paul
Seller's Agent
Richard Neal
@properties Christie's International Real Estate
Buyer's Agent
Megan Hughes
@properties Christie's International Real Estate
List Price
$230,000
Sold Price
$227,500
Premium/Discount to List
-$2,500
-1.09%
Total Days on Market
50
Current Estimated Value
$294,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,806
Avg. Annual Appreciation
6.48%
Original Mortgage
$204,750
Outstanding Balance
$187,223
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$107,083

Purchase Details

Listed on
Mar 3, 2015
Closed on
Jul 31, 2015
Sold by
Twanow Nina Marie and Twanow Graeme R
Bought by
Mccloughan Charles
Seller's Agent
Ami Bumia
Jameson Sotheby's Intl Realty
Buyer's Agent
Richard Neal
@properties Christie's International Real Estate
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.56%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Kibblewhite Edward G and Tucker Rebecca K
Bought by
Martin Nina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
711 Melrose Llc
Bought by
Connley Susan L and The Gail T Mitchell Trust
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
Spalla Paul $227,500 Tek Title Llc
Mccloughan Charles $235,000 Saturn Title Llc
Martin Nina M $218,000 Success Title Services Inc
Connley Susan L $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spalla Paul $204,750
Previous Owner Mccloughan Charles $184,000
Previous Owner Martin Nina M $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $227,500 -1.1% --
04/13/2021 04/13/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $230,000 -2.1% --
08/04/2015 08/04/15 Sold $235,000 +4.5% --
07/01/2015 07/01/15 Pending -- -- --
04/10/2015 04/10/15 Price Changed $224,900 0.0% --
03/03/2015 03/03/15 For Sale $225,000 -- --
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 $4,319 $22,078 $8,323 $13,755
2023 $4,319 $21,000 $6,712 $14,288
2022 $4,319 $21,000 $6,712 $14,288
2021 $3,553 $20,999 $6,711 $14,288
2020 $3,057 $16,824 $2,953 $13,871
2019 $3,008 $18,401 $2,953 $15,448
2018 $2,956 $18,401 $2,953 $15,448
2017 $3,197 $18,226 $2,595 $15,631
2016 $3,150 $18,226 $2,595 $15,631
2015 $2,859 $18,226 $2,595 $15,631
2014 $2,814 $17,733 $2,125 $15,608
2013 $2,747 $17,733 $2,125 $15,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11001043

Midwest Real Estate Data (MRED)

APN: 14-21-313-071-1008