NOT LISTED FOR SALE

800 W Cornelia Ave Unit 407 Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $803,000 - $836,435

2 Beds
3 Baths
-- Sq Ft
$551/mo HOA Fee

Last Sold May 21, 2021

Last sale price $680,000

Est. 20% increase in value since last sale

Current estimated payment $6,278/month

47 Days on Market

Highlights

  • Lake Front
  • Rooftop Deck
  • Whirlpool Bathtub
  • Nettelhorst Elementary School Rated A-
  • Wood Flooring
  • End Unit

About This Home

As of May 2021

To escape, entertain your entourage or just soak it all in from this one-of-a-kind East Lakeview duplex-up penthouse in a boutique elevator building. Welcome to 800 West Cornelia, designed by architects Sullivan & Goulette and built by GVP Development (recipient of numerous neighborhood awards in Lakeview & Lincoln Park). Penthouse 407 is unlike any other unit in the building and expands the entire length of the building from East to West offering almost 2000 square feet of living space with unparalleled outdoor space. This 2-bedroom + huge office suite/den/family room and 2.5 baths is perfectly showcased with a huge open floor plan, high ceilings, recessed lighting and crown molding throughout. The cook's kitchen features cherry cabinets, granite counter tops, tumbled marble backsplash, and stainless steel appliances including a double oven. The living and dining room is enormous with light walnut stained oak floors, gas fire place, and an east facing balcony. The owner's suite situated on the west side of the building has plenty of space for a king-size bed, a large walk-in closet and a 12x12 deck. The owner's spa bath has a marble floors, travertine tiles/walls, whirlpool tub, separate shower with multiple shower sprays, double sink/vanity, grohe faucets, beveled mirrors, linen closet, European style towel warmer and heated floors. The second bedroom with a large skylight also has an ensuite bath. The den/family roof/office suite situated on the second level offers custom built-ins, wine cooler/refrigerator, wet bar, powder room and a roof top terrace (almost 350 SF) for those amazing views of the city and unobstructed east and north views. There's an extra storage room located under the stairs. A heated garage two-car tandem parking spot is included. Furnace is from 2017, AC from 2004, both serviced routinely | Double oven 2018, Dishwasher 2014 and W/D 2014 | All the windows in the Living Room & Master Bedroom were replaced by Andersen 2018...transferable decades warranty | Carpet from 2019 | Ducts cleaned in 2019 | Tuckpointing and sealed building 2010 | Capstones on the north wall were removed for new flashings 2010 | Balcony deck was resealed between the balcony and curtain wall 2019 | Hallways were remolded in 2018 | No rental cap and currently 2 units are rented out of 26 units. You are in a unbeatable location for restaurants, shops and nightlife. What more is there to say except....welcome home.

Last Agent to Sell the Property

Kevin Tatum

@properties Christie's International Real Estate License #475113621 Listed on: 02/23/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Anne Mall

Chicago Real Estate Mall License #471018807

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,140

Year Built | Renovated

  • 2003 | 2003

Lot Details

  • Lake Front
  • End Unit
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $551 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Wet Bar
  • Skylights
  • Ventless Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • City Lot

Utilities

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

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

$15,140

Year Built | Renovated

2003 | 2003

Lot Details

0

HOA Fees

$551 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 4
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2003
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex, Condo, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2003
  • Year Renovated: 2003

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Elevator, Hardwood Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 28X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs, Portable/Ventless
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 05X05, On Level: Main Level, Flooring: Other
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X08, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Balcony, Deck, Foyer, Great Room, Walk In Closet
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Great Rm, Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 2 Name: Deck, Dimensions: 22X15, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 3 Name: Balcony, Dimensions: 11X05, On Level: Main Level, Flooring: Other
  • Additional Room 4 Name: Bar, Dimensions: 05X05, On Level: 2nd Level, Flooring: Marble, Windows: None
  • Additional Room 5 Name: Walk in Closet, Dimensions: 12X05, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 6 Name: Foyer, Dimensions: 18X05, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Deck, Dimensions: 12X12, On Level: Main Level, Flooring: Other
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Deck, Roof Deck, Storms/Screens, End Unit
  • Exposure: S (South), E (East), City, Lake/Water

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated, Tandem, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 150 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • 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
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Security Door Locks
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 551
  • Management Contact Name: Julie Breen
  • Management Phone: 312-850-3251X00000

Fee Information

  • Management Company: Phoenix Rising Mgmt Co

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, Corner
  • Parcel Identification Number: 14204070501023

Multi Family

  • Total Number Unitsin Building: 26
  • Number Stories: 5

Tax Info

  • Taxes: 14691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
May 7, 2021
Sold by
Johnson David R and David R Johnson Trust
Bought by
Marksteiner Bjoern Dietmar
Seller's Agent
Kevin Tatum
@properties Christie's International Real Estate
Buyer's Agent
Anne Mall
Chicago Real Estate Mall
List Price
$725,000
Sold Price
$680,000
Premium/Discount to List
-$45,000
-6.21%
Current Estimated Value
$815,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,609
Avg. Annual Appreciation
3.94%
Original Mortgage
$408,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2017
Sold by
Johnson David R and Brda Nancy
Bought by
Johnson David R and David R Johnson Trust

Purchase Details

Closed on
Apr 13, 2004
Sold by
Gvp Cornelia Lp
Bought by
Johnson David and Brda Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2003
Sold by
Gvp Cornella Lp
Bought by
Broncho Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,447
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
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
Marksteiner Bjoern Dietmar $680,000 Proper Title Llc
Johnson David R -- Attorney
Johnson David $615,000 Ct
Broncho Properties Llc $320,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marksteiner Bjoern Dietmar $408,000
Previous Owner Johnson David $333,700
Previous Owner Broncho Properties Llc $328,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $680,000 -6.2% --
04/11/2021 04/11/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $725,000 -- --
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 $15,140 $75,164 $15,083 $60,081
2023 $14,745 $70,000 $12,164 $57,836
2022 $14,745 $70,000 $12,164 $57,836
2021 $14,487 $69,999 $12,163 $57,836
2020 $14,989 $65,511 $5,189 $60,322
2019 $14,691 $71,362 $5,189 $66,173
2018 $14,458 $71,362 $5,189 $66,173
2017 $14,524 $66,299 $4,541 $61,758
2016 $13,673 $66,299 $4,541 $61,758
2015 $12,513 $66,299 $4,541 $61,758
2014 $11,793 $61,472 $2,899 $58,573
2013 $11,560 $61,472 $2,899 $58,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11001636

Midwest Real Estate Data (MRED)

APN: 14-20-407-050-1023