NOT LISTED FOR SALE

850 N Milwaukee Ave Unit 101 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $407,000 - $702,000

2 Beds
2 Baths
1,750 Sq Ft
$192/mo HOA Fee

Last Sold November 30, 2016

Last sale price $450,000 $257 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,591/month

Highlights

  • Property is near a bus stop
  • 2-minute walk to Chicago Avenue Station (Blue Line)
  • 5-minute walk to Eckhart Park
  • Central Air

About This Home

As of November 2016

Rare and unique opportunity for a 2750 sq. ft loft in an unbeatable River West location. From the moment you walk in the door you are welcomed to wide open living spaces with hardwood floors, 14' tin ceilings and 2 full walls of windows. Kitchen with maple cabs, granite counters and stainless appliances. Both bedrooms with en-suite baths plus a spacious loft area for additional living space. 1st floor 1000 sq. ft. living/dining/kitchen/full bed/bath, 2nd floor is 750sq.ft loft/full bed/bath, basement is 1000 sq.ft. unfinished and ready for your ideas. This is a truly unique space that has so much potential and appeal. The unit above is also for sale and can be easily combined for a total of 5150 sq.ft! Amazing location just steps to the Blue line and Chicago Ave.

Last Agent to Sell the Property

Elizabeth Lothamer

Compass License #475130853 Listed on: 11/22/2016

Compass

Co-Listed By

Evelyn Clifford

@properties Christie's International Real Estate License #475163632

Last Buyer's Agent

Nathan Binkley

Compass License #475156668

Compass

Property Details

Home Type

  • Condominium

Lot Details

  • 10,280

HOA Fees

  • $192 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X13, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X13, On Level: Main Level
  • Kitchen Type: Dimensions: 10X14, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X20, On Level: Main Level
  • Bedroom 2: Dimensions: 17X13, On Level: Main Level
  • Estimated Sq Ft: 1750
  • Family Room: Dimensions: 10X10, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Air Conditioning, Water, Electric, Gas
  • Assessment Association Fees: 192
  • Management Contact Name: Aaron Miles
  • Management Phone: 555-555-5555

Fee Information

  • Management Company: Flat Iron Lofts

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 1750 SQ FT
  • Parcel Identification Number: 17054150261001

Multi Family

  • Total Number Unitsin Building: 11
  • Number Stories: 3

Tax Info

  • Taxes: 7211.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Nov 30, 2016
Sold by
Ostroff Sander L
Bought by
Mcentee Sean and Johnson Bridget
Seller's Agent
Elizabeth Lothamer
Compass
Buyer's Agent
Nathan Binkley
Compass
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$553,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,483
Avg. Annual Appreciation
2.32%
Original Mortgage
$405,000
Outstanding Balance
$336,530
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$216,953

Purchase Details

Closed on
Nov 25, 2002
Sold by
Ostroff Sander L
Bought by
Ostroff Sander L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.23%

Purchase Details

Closed on
Dec 9, 2000
Sold by
Ostroff Sander L
Bought by
Ostroff Sander L and Sander L Ostroff Trust

Purchase Details

Closed on
Dec 29, 1998
Sold by
Standard Bank & Trust Company
Bought by
Ostroff Sander L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcentee Sean $450,000 Proper Title Llc
Ostroff Sander L -- --
Ostroff Sander L -- Chicago Title Insurance Co
Ostroff Sander L $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcentee Sean $405,000
Previous Owner Ostroff Sander L $117,000
Previous Owner Ostroff Sander L $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $450,000 0.0% $257 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $450,000 -- $257 / 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 $5,880 $47,235 $5,748 $41,487
2023 $5,691 $29,994 $2,623 $27,371
2022 $5,691 $29,994 $2,623 $27,371
2021 $5,581 $29,993 $2,623 $27,370
2020 $6,557 $31,172 $2,623 $28,549
2019 $6,508 $34,329 $2,623 $31,706
2018 $6,408 $34,329 $2,623 $31,706
2017 $7,639 $37,050 $2,314 $34,736
2016 $7,825 $37,050 $2,314 $34,736
2015 $7,211 $37,050 $2,314 $34,736
2014 $5,284 $26,741 $1,967 $24,774
2013 $5,198 $26,741 $1,967 $24,774
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Lothamer

    Seller's Agent in 2016

    Elizabeth Lothamer

    Compass

    (773) 655-5344

    6 in this area

    294 Total Sales

    Elizabeth Lothamer
    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Evelyn Clifford

    @ Properties

    Section Image
  • Nathan Binkley

    Buyer's Agent in 2016

    Nathan Binkley

    Compass

    (312) 758-6486

    9 in this area

    115 Total Sales

    Nathan Binkley
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09224183

Midwest Real Estate Data (MRED)

APN: 17-05-415-026-1001

Illinois Cook County Chicago 60642 West Town

850 N Milwaukee Ave Unit 101, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes