NOT LISTED FOR SALE

736 W Melrose St Unit 4E Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $750,000 - $1,314,000

3 Beds
2 Baths
1,828 Sq Ft
7,754 Sq Ft Lot Lot

Sale Details

Date Sold: April 28, 2023

Last sale price $1,160,000 $635 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,024 / mo

Highlights

  • Deck
  • 1 Fireplace
  • Den
  • Nettelhorst Elementary School Rated A-
  • Wine Refrigerator
  • Stainless Steel Appliances

About This Home

As of April 2023

Magnificent, extra-wide penthouse in a boutique 8 unit building in vibrant East Lakeview. Impeccable design and quality throughout this 3 bedroom | 2 bath home with tremendous, custom built roof deck: commercial grade, eat-in chef's kitchen with Wolf, Sub Zero and Bosch appliances, quartzite counters & beverage/wine refrigerator. Spacious living and dining with spectacular direct access outdoor rear balcony. Fully custom cabinetry, crown molding and wide plank oak hardwood flooring throughout. Stunning master suite with tree-lined views, walk-in-closet and spa-like bath (meticulously appointed with separate soaking tub, steam shower, heated flooring, and custom double vanity). An interior staircase leads you to the paradise roof deck where you find an outdoor kitchenette, seating for gatherings big or small, separate grill area with bar and stools, lounge area to sit around the fire pit and thoughtfully designed vegetation throughout. Additional features: full size, side by side laundry, attached heated garage parking, concrete & enhanced sound proofing between units, in a distinctive brick and limestone building close to retail, restaurants & wonderful Nettlehorst School.

Last Agent to Sell the Property

Richard Kasper

Compass License #475146171 Listed on: 03/14/2023

Compass

Co-Listed By

Rachel Montel

EXIT Strategy Realty License #475132161

Last Buyer's Agent

Richard Kasper

Compass License #475146171 Listed on: 03/14/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,663

Year Built

  • Built in 2019

Lot Details

  • 7,754

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,828 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance
  • 8 Units
  • Judy Signoretto Association, Phone Number (773) 282-7653
  • Property managed by Atlas

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,663

Year Built

Built in 2019

Lot Details

7,754 Sq Ft Lot

HOA Fees

$321 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2019
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1828
  • Room Type: Balcony/Porch/Lanai, Walk In Closet, Deck, Den
  • Stories Total: 4
  • 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
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Atlas
  • Management Contact Name: Judy Signoretto
  • Management Phone: 773-282-7653
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance

Schools

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

Lot Info

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

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: 11663.09
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 24, 2023
Sold by
Zallis Grant and Zallis Alexander R
Bought by
Huang John and Huang Sarah Hannah
Seller's Agent
Richard Kasper
Compass
Buyer's Agent
Richard Kasper
Compass
List Price
$1,150,000
Sold Price
$1,160,000
Premium/Discount to List
$10,000
0.87%
Views
7
Current Estimated Value
$1,064,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,558
Avg. Annual Appreciation
-1.52%
Original Mortgage
$300,000
Outstanding Balance
$262,971
Interest Rate
5.49%
Mortgage Type
New Conventional
Estimated Equity
$844,243
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang John $1,160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang John $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $1,160,000 +0.9% $635 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $1,150,000 +17.9% $629 / Sq Ft
08/20/2019 08/20/19 Sold $975,000 +0.6% $533 / Sq Ft View Prior Sale
05/05/2019 05/05/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $969,000 -- $530 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $12,237 $108,460 $19,460 $89,000
2024 $12,237 $108,460 $19,460 $89,000
2023 $11,929 $58,000 $15,694 $42,306
2022 $11,929 $58,000 $15,694 $42,306
2021 $11,663 $57,999 $15,693 $42,306
2020 $22,021 $98,852 $6,905 $91,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737032

Midwest Real Estate Data (MRED)

APN: 14-21-311-079-1007

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