NOT LISTED FOR SALE

850 N Milwaukee Ave Unit 105 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $481,000 - $702,000

2 Beds
2 Baths
1,800 Sq Ft
$192/mo HOA Fee

Last Sold November 04, 2016

Last sale price $420,000 $233 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,630/month

210 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Chicago Avenue Station (Blue Line)
  • Loft
  • Vaulted Ceiling
  • Main Floor Bedroom
  • 5-minute walk to Eckhart Park

About This Home

As of November 2016

River West condo has 14ft original tin ceilings and full length windows that invite you into this contemporary yet unique space. Modern finishes complement the newly designed layout. Stylish glass surrounds a lofted space above the kitchen which over looks the main level infused with plenty of natural light. First bedroom and bathroom on the main level. Walk downstairs into another living room and fully enclosed bedroom and bathroom. Private entrance and garage parking. Common roof top deck. Assessments are $192. The unit is along Racine and is a quiet street. Close to Blue Line, restaurants, and 90/94. Feel the energy flowing through 1800 sq ft of modern space unlike any other loft you have seen before.

Last Agent to Sell the Property

Elizabeth Lothamer

Compass License #475130853 Listed on: 03/16/2016

Compass

Co-Listed By

Evelyn Clifford

@properties Christie's International Real Estate License #475163632

Last Buyer's Agent

Lance Kirshner

Compass License #475124478

Compass

Property Details

Home Type

  • Condominium

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $192 per month

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Transferrable Lease on Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Loft
  • Storage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$192 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: 1/2 Duplex, Condo, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X25, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Below Grade Bedrooms: 1
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 5X3, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Loft, Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X12, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1800
  • Family Room: Dimensions: 20X20, On Level: Basement, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Roof Deck
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Transferrable Lease

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric, Forced Air, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage, Sundeck
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 192
  • Management Contact Name: Aaron Miles
  • Management Phone: 312-307-8004

Fee Information

  • Management Company: Flat Iron Lofts

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 10287 SQ FT
  • Parcel Identification Number: 17054150261005

Multi Family

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

Tax Info

  • Taxes: 4072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Nov 2, 2016
Sold by
Lothamer Development Co Llc
Bought by
Gould Ronald A and Rine Jessica
Seller's Agent
Elizabeth Lothamer
Compass
Buyer's Agent
Lance Kirshner
Compass
List Price
$459,900
Sold Price
$420,000
Premium/Discount to List
-$39,900
-8.68%
Current Estimated Value
$586,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,130
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Jan 4, 2016
Sold by
Konor Norbert and Kasten Karen M
Bought by
Lothamer Develoment Llc

Purchase Details

Closed on
Jun 13, 1994
Sold by
Cosmopolitan Bank & Trust
Bought by
Konor Norbert and Kasten Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gould Ronald A $420,000 Proper Title Llc
Lothamer Develoment Llc $300,000 Attorney
Konor Norbert $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Konor Norbert $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Sold $420,000 -8.7% $233 / Sq Ft
11/02/2016 11/02/16 Price Changed $459,900 +9.5% $256 / Sq Ft
10/23/2016 10/23/16 Off Market $420,000 -- --
10/12/2016 10/12/16 Pending -- -- --
07/15/2016 07/15/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $459,900 0.0% $256 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $459,900 -- $256 / 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 $4,295 $40,938 $4,982 $35,956
2023 $4,159 $26,261 $2,273 $23,988
2022 $4,159 $26,261 $2,273 $23,988
2021 $4,242 $26,261 $2,273 $23,988
2020 $5,006 $27,016 $2,273 $24,743
2019 $4,966 $29,752 $2,273 $27,479
2018 $4,746 $29,752 $2,273 $27,479
2017 $5,906 $32,109 $2,005 $30,104
2016 $5,877 $32,109 $2,005 $30,104
2015 $5,739 $32,109 $2,005 $30,104
2014 $4,072 $23,175 $1,705 $21,470
2013 $3,994 $23,175 $1,705 $21,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09166764

Midwest Real Estate Data (MRED)

APN: 17-05-415-026-1005