NOT LISTED FOR SALE

850 W Adams St Unit 7B Chicago, IL 60607

Greektown Neighborhood

Estimated Value: $1,001,901

1 Bed
2 Baths
2,850 Sq Ft
0.42 Acres

Last Sold March 16, 2018

Last sale price $1,365,000 $479 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $7,153/month

Highlights

  • Deck
  • Vaulted Ceiling
  • <<bathWithWhirlpoolToken>>
  • Skinner Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Mary Bartelme Park

About This Home

As of July 2024

Exquisite duplex penthouse with vaulted concrete ceilings echoes NYC sophistication in an unbeatable location. This modern classic with flawless craftsmanship features remarkable open space for stylish entertaining, two private outdoor spaces (balcony off living space PLUS large roof deck accessed from inside the unit with skyline views), lofted media/guest room accessed via architectural staircase. Located in the best area of West Loop, next door to Mary Bartelme Park. Storage attic, wood burning fireplace, laundry room and 1 garage parking space complete this truly one of a kind offering. No security deposit, $950 non refundable move in fee.

Last Agent to Rent the Property

Sarah Marsh

@properties Christie's International Real Estate License #475159880 Listed on: 06/05/2024

@properties Christie's International Real Estate

Last Renter's Agent

Jeremy Fisher

Compass License #475146783

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,230

Year Built

  • Built in 1925

Lot Details

  • 0.42

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,850 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft with Fireplace
  • Wood Flooring
  • Home Security System

Kitchen

  • <<doubleOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 2 Full Bathrooms
  • Dual Sinks
  • <<bathWithWhirlpoolToken>>
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Schools

  • Skinner Elementary School

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 6/5/24
  • Rent includes parking, scavenger, exterior maintenance, snow removal

Community Details

Overview

  • 35 Units
  • Andrea Bodentstein Association, Phone Number (312) 521-5965
  • Property managed by Advantage Management
  • 7-Story Property

Amenities

  • Sundeck
  • Elevator
  • Package Room

Pet Policy

  • Pets up to 60 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,230

Year Built

Built in 1925

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-06-05
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 6950
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Move-in Mon-Fri,Move Out Fee
  • Max Pet Weight: 60

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 7
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s), Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2850
  • Other Equipment: Humidifier, Security System, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Deck, Balcony/Porch/Lanai, Foyer, Loft
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Loft
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • List Price: 6950
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 40000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Indv Controls, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Elevator(s), On Site Manager/Engineer, Sundeck, Receiving Room
  • Rent Includes: Parking, Scavenger, Exterior Maintenance, Snow Removal
  • Management: Manager Off-site
  • Management Company: Advantage Management
  • Management Contact Name: Andrea Bodentstein
  • Management Phone: 312-521-5965

Schools

  • Elementary School: Skinner Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 13, 2018
Sold by
Kotler Howard and Becker Heather
Bought by
Heca Investments Llc
Seller's Agent
Erin Mandel
@properties Christie's International Real Estate
Buyer's Agent
Sarah Marsh
@properties Christie's International Real Estate
List Price
$1,395,000
Sold Price
$1,365,000
Premium/Discount to List
-$30,000
-2.15%
Current Estimated Value
$1,001,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$363,099
Avg. Annual Appreciation
-4.14%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Semel Charles
Bought by
Kotler Howard and Becker Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 2003
Sold by
Semel Charles E and Semel Arlene F
Bought by
Semel Charles and Charles Semel Insurance Trust
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
Heca Investments Llc $1,365,000 Multiple
Kotler Howard $1,255,000 Ct
Semel Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kotler Howard $80,000
Previous Owner Kotler Howard $286,000
Previous Owner Kotler Howard S $340,000
Previous Owner Becker Heather $385,000
Previous Owner Kotler Howard $1,000,000
Previous Owner Semel Charles $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Rented $6,500 -6.5% --
06/05/2024 06/05/24 For Rent $6,950 +16.8% --
09/17/2022 09/17/22 Rented $5,950 0.0% --
09/17/2022 09/17/22 For Rent $5,950 0.0% --
09/16/2022 09/16/22 Off Market $5,950 -- --
08/16/2022 08/16/22 For Rent $5,950 0.0% --
03/16/2018 03/16/18 Sold $1,365,000 -2.2% $479 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $1,395,000 -- $489 / 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 $19,230 $121,246 $3,530 $117,716
2023 $18,746 $90,832 $1,936 $88,896
2022 $18,746 $90,832 $1,936 $88,896
2021 $22,964 $113,823 $1,935 $111,888
2020 $22,103 $98,888 $1,935 $96,953
2019 $21,820 $108,241 $1,935 $106,306
2018 $21,451 $108,241 $1,935 $106,306
2017 $13,609 $63,002 $1,707 $61,295
2016 $12,619 $63,002 $1,707 $61,295
2015 $11,545 $63,002 $1,707 $61,295
2014 $12,490 $67,317 $1,451 $65,866
2013 $12,243 $67,317 $1,451 $65,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12075546

Midwest Real Estate Data (MRED)

APN: 17-17-214-016-1012