NOT LISTED FOR SALE

711 W Melrose St Unit E1 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $274,000 - $554,000

1 Bed
1 Bath
-- Sq Ft
$305/mo HOA Fee

Last Sold March 08, 2024

Last sale price $250,000

Est. 40% increase in value since last sale

Current estimated payment $2,597/month

22 Days on Market

Highlights

  • Deck
  • Patio
  • Entrance Foyer
  • Nettelhorst Elementary School Rated A-
  • Secured Garage or Parking
  • Zero Lot Line

About This Home

As of March 2024

Welcome to your new home in the heart of Lakeview. 1 Bed 1 Bath condo in the heart of Lakeview with rare 200 sqft private patio! Featuring a modern kitchen with stainless steel appliances, granite countertops, and breakfast bar. The charming living room includes a wood burning fireplace, exposed brick, and built in entertainment center. The private 200sqft patio is perfect for entertaining friends and family, and the newly installed deck makes it even more enjoyable. Enjoy the convenience of the in unit W/D. You'll love the large walk in closet in the spacious master bedroom with an upgraded bath. One deeded exterior parking spot is included in the price! Excellent Lakeview location within close proximity to LSD, Belmont L stop, Target, Trader Joe's, Wrigley Field, and some of Chicago's best restaurants and nightlife!

Last Agent to Sell the Property

Ledio Samarxhiu

Real Broker LLC License #471021671 Listed on: 01/17/2024

Co-Listed By

Jorge Ramirez-Lopez

RE/MAX LOYALTY License #475205095

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,039

Lot Details

  • Zero Lot Line
  • Additional Parcels

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Secured Garage or Parking
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Patio

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, lawn care, scavenger, snow removal
  • 18 Units
  • Connor Boland Association, Phone Number (773) 975-7234
  • Property managed by KASS

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,039

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Room Type: Deck, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 250000
  • OtherStructures: None
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Secured
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 305
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: KASS
  • Management Contact Name: CONNOR BOLAND
  • Management Phone: 773-975-7234X283
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Lawn Care, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels Description: 14213130711023
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5038.81
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 18

MLS Schools

  • Othr Public Sch: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 5, 2024
Sold by
Rachke Lauren and Rachke Joseph
Bought by
Connor Bradley
Seller's Agent
Ledio Samarxhiu
Real Broker LLC
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$250,000
Sold Price
$250,000
Views
107
Current Estimated Value
$349,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,221
Avg. Annual Appreciation
24.78%
Original Mortgage
$175,000
Outstanding Balance
$172,597
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$176,624

Purchase Details

Listed on
Mar 14, 2019
Closed on
Apr 13, 2019
Sold by
Gomez Fauzi A and Nunez Ana M
Bought by
Rachke Lauren
Seller's Agent
Ernesto Camarillo
Century 21 Universal
Buyer's Agent
Ledio Samarxhiu
Real Broker LLC
List Price
$229,900
Sold Price
$250,000
Premium/Discount to List
$20,100
8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$237,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 1, 2018
Sold by
Klein Jason L
Bought by
Simon Fauzi Alfredo Gornez
Seller's Agent
Alex Till
Baird & Warner
Buyer's Agent
Ernesto Camarillo
Century 21 Universal
List Price
$229,900
Sold Price
$227,500
Premium/Discount to List
-$2,400
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$182,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2016
Closed on
Nov 17, 2016
Sold by
Klein Jason Lewit
Bought by
711 West Melrose Llc
Seller's Agent
Alex Till
Baird & Warner
Buyer's Agent
Alex Till
Baird & Warner
Sold Price
$1,700

Purchase Details

Closed on
Nov 5, 2010
Sold by
Klein Richard T
Bought by
Klein Jason Lewit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,400
Interest Rate
4.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Connor Bradley $250,000 Fidelity National Title
Rachke Lauren $250,000 Chicago Title Insurance Co
Simon Fauzi Alfredo Gornez $227,500 Baird & Warner Title Service
711 West Melrose Llc -- Attorney
Klein Jason Lewit -- Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Bradley $175,000
Previous Owner Rachke Lauren $237,500
Previous Owner Simon Fauzi Alfredo Gornez $182,000
Previous Owner Klein Jason Lewit $119,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $250,000 0.0% --
02/09/2024 02/09/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $250,000 0.0% --
12/09/2022 12/09/22 Rented $2,075 -1.2% --
12/05/2022 12/05/22 Under Contract -- -- --
11/28/2022 11/28/22 For Rent $2,100 0.0% --
04/16/2019 04/16/19 Sold $250,000 +8.7% $294 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $229,900 +1.1% $270 / Sq Ft
05/01/2018 05/01/18 Sold $227,500 -1.0% --
03/29/2018 03/29/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $229,900 0.0% --
11/12/2016 11/12/16 Rented $1,700 0.0% --
11/07/2016 11/07/16 Off Market $1,700 -- --
10/31/2016 10/31/16 For Rent $1,700 -- --
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 $4,853 $23,577 $8,888 $14,689
2023 $4,730 $23,000 $7,168 $15,832
2022 $4,730 $23,000 $7,168 $15,832
2021 $4,625 $22,999 $7,167 $15,832
2020 $4,002 $17,966 $3,153 $14,813
2019 $3,948 $19,650 $3,153 $16,497
2018 $3,882 $19,650 $3,153 $16,497
2017 $4,190 $19,463 $2,771 $16,692
2016 $3,898 $19,463 $2,771 $16,692
2015 $3,567 $19,463 $2,771 $16,692
2014 $3,514 $18,937 $2,269 $16,668
2013 $3,444 $18,937 $2,269 $16,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961214

Midwest Real Estate Data (MRED)

APN: 14-21-313-071-1013