NOT LISTED FOR SALE

735 W Wellington Ave Unit 3 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $376,000 - $411,000

2 Beds
2 Baths
1,000 Sq Ft
$493/mo HOA Fee

Last Sold August 04, 2022

Last sale price $335,000 $335 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,039/month

26 Days on Market

Highlights

  • Lock-and-Leave Community
  • 5-minute walk to Wellington Station
  • Granite Countertops
  • Alcott Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Weisman Park

About This Home

As of August 2022

Motivated seller, new price! This is it, your haven at the corner of Clark and Wellington, steps from everything Lakeview, Lincoln Park and the lakefront have to offer. Professionally managed and fiscally solid, the Wellington Terrace Condominium consists of 44 2-bed units, but this is the only one boasting a primary bedroom with ensuite bath AND a second full bathroom. Generous room sizes, an updated kitchen with subway tile backsplash, stainless appliances and in-unit LG washer/dryer add to the style, charm and convenience of this sunlit, end unit home. There's a surprising amount of storage, including a built-in wardrobe in the primary suite. The seller can affirm street permit parking is plentiful, as well as local rental parking options. As a Wellington Terrace owner you will have a fob for the private, gated parking area with courtesy short-term parking spaces for loading and unloading. Sorry to leave, the current owner has an unexpected out-of-town opportunity too good to refuse. Since purchasing their home, they've painted, replaced the living room radiator, updated the kitchen lighting, added subway tile, added a new LG combo washer/dryer, and commissioned a custom island (negotiable) with barstools to complete the kitchen glow-up. Heat is included in your HOA fees, and the 2 massive boilers were replaced in the last 2 years. There's additional storage for each unit, a bike room, communal wifi-enabled laundry, AND the on-site building engineer grows vegetables for the community! This is truly a special spot in the heart of it all. Contact your broker today, you'll love this chic, classic home with style and convenience to spare.

Last Agent to Sell the Property

Victoria Witt

@properties Christie's International Real Estate License #475128685 Listed on: 06/10/2022

@properties   Christie's International Real Estate

Last Buyer's Agent

Jesus Rojas

Redfin Corporation License #475193144

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1920

Lot Details

  • 0.72

HOA Fees

  • $493 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Alcott Elementary School
  • Lincoln Park High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 48 Units
  • Mickey Light Association, Phone Number (773) 763-3260
  • Property managed by Professional Management Services
  • Lock-and-Leave Community

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,650

Year Built

Built in 1920

Lot Details

0

HOA Fees

$493 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Granite Counters
  • LivingArea: 1000
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • 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
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 339900
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 493
  • Association Amenities: Storage, Security Door Lock(s), Ceiling Fan
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Professional Management Services
  • Management Contact Name: Mickey Light
  • Management Phone: 773-763-3260
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Alcott Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Alcott Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 4649.71
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 28, 2022
Sold by
Herseth Carolyn
Bought by
Lin Angela and Beach Barrett A
Seller's Agent
Victoria Witt
@properties Christie's International Real Estate
Buyer's Agent
Jesus Rojas
Redfin Corporation
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$391,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,690
Avg. Annual Appreciation
4.07%
Original Mortgage
$268,000
Outstanding Balance
$232,535
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$146,590

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 26, 2021
Sold by
Chapman Keegan
Bought by
Herseth Carolyn
Seller's Agent
Benjamin Tregoning
Redfin Corporation
Buyer's Agent
Victoria Witt
@properties Christie's International Real Estate
List Price
$349,000
Sold Price
$331,100
Premium/Discount to List
-$17,900
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$231,770
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 30, 2015
Sold by
Dwyer Amanda and Dwyer Patrick
Bought by
Chapman Keegan
Seller's Agent
Chris Vasilakopoulos
Baird & Warner
Buyer's Agent
Benjamin Tregoning
Redfin Corporation
List Price
$269,000
Sold Price
$247,000
Premium/Discount to List
-$22,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$197,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2007
Sold by
Taylor Erin
Bought by
Booth Amanda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2005
Sold by
Abaya Edwin P and Abaya Nellie P
Bought by
Taylor Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,250
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Fine Fine Leslie B Leslie B and Fine Clifford Leslie
Bought by
Abaya Edwin P and Abaya Nellie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.24%

Purchase Details

Closed on
Sep 16, 1996
Sold by
Kauser W Andrew and Kauser Carrie Ann
Bought by
Fine Leslie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

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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
Lin Angela $335,000 None Listed On Document
Herseth Carolyn $331,500 North American Title Company
Chapman Keegan $247,000 Acquest Title Svcs Llc
Booth Amanda T $275,000 Lawyers Title Insurance Corp
Taylor Erin $263,000 Cti
Abaya Edwin P $230,000 --
Fine Leslie B $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Angela $268,000
Previous Owner Herseth Carolyn $231,770
Previous Owner Chapman Keegan $24,000
Previous Owner Chapman Keegan $197,600
Previous Owner Booth Amanda T $192,500
Previous Owner Booth Amanda T $192,500
Previous Owner Taylor Erin $197,250
Previous Owner Abaya Edwin P $140,000
Previous Owner Abaya Edwin P $150,000
Previous Owner Fine Leslie B $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $335,000 -1.4% $335 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $339,900 -2.9% $340 / Sq Ft
06/10/2022 06/10/22 For Sale $349,900 +5.7% $350 / Sq Ft
03/01/2021 03/01/21 Sold $331,100 +0.4% $331 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
10/09/2020 10/09/20 Price Changed $329,900 -5.5% $330 / Sq Ft
10/01/2020 10/01/20 For Sale $349,000 +41.3% $349 / Sq Ft
04/06/2015 04/06/15 Sold $247,000 -8.2% $247 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $269,000 -- $269 / Sq Ft
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 $5,136 $24,799 $11,192 $13,607
2023 $5,006 $23,000 $11,500 $11,500
2022 $5,006 $23,000 $11,500 $11,500
2021 $4,194 $22,998 $11,499 $11,499
2020 $4,650 $22,822 $4,373 $18,449
2019 $4,546 $24,793 $4,373 $20,420
2018 $4,471 $24,793 $4,373 $20,420
2017 $4,559 $23,423 $3,859 $19,564
2016 $4,432 $23,423 $3,859 $19,564
2015 $4,030 $23,423 $3,859 $19,564
2014 $3,144 $18,580 $3,167 $15,413
2013 $3,582 $18,580 $3,167 $15,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11430812

Midwest Real Estate Data (MRED)

APN: 14-28-110-017-1036