$1,365,000
SOLD MAR 16, 2018

850 W Adams St Unit 7B Chicago, IL 60607

Greektown Neighborhood
2 Beds
2 Baths
2,850 Sq Ft
$1,007/mo HOA Fee

Recently Sold

$479 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

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

About This Home

As of March 2018

Exquisite duplex penthouse loft echoes downtown sophistication in the address of a lifestyle. This modern classic with flawless craftsmanship features remarkable open space for stylish entertaining, two outdoor spaces, lofted media/guest room and potential second bedroom in the currently open family room. Storage attic, wood burning fireplace, laundry room and garage complete this true one of kind. One garage parking space is sold separately for $40,000.

Last Agent to Sell the Property

Erin Mandel

@properties Christie's International Real Estate License #475115707 Listed on: 02/08/2018

@properties Christie's International Real Estate

Co-Listed By

Emily Vutech

@properties Christie's International Real Estate License #475161214

Last Buyer's Agent

Sarah Marsh

@properties Christie's International Real Estate License #475159880

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,230

Year Built

  • 1925

HOA Fees

  • $1,007 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Loft
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • <<doubleOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • <<bathWithWhirlpoolToken>>
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Additional Features

  • Southern Exposure
  • City Lot

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,230

Year Built

1925

Lot Details

0

HOA Fees

$1,007 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 7
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1925
  • Type Attached: 1/2 Duplex, Condo-Duplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 1925

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 37X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Washer, Dryer, Disposal, Compactor-Trash, All Stainless Steel Kitchen Appliances, Cooktop
  • Equipment: Humidifier, Security System, Fire Sprinklers, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Loft
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 13X7, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 22X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in
  • Additional Rooms: Deck, Balcony, Foyer, Loft
  • Master Bedroom: Dimensions: 19X19, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Deck, Dimensions: 33X14, On Level: 2nd Level
  • Additional Room 2 Name: Balcony, Dimensions: 19X6, On Level: Main Level
  • Bedroom 2: Dimensions: 19X19, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Loft, Dimensions: 19X19, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2850
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck
  • Exposure: S (South), City

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 40000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Indv Controls, Zoned

Condo/Co-op/Association

  • Max Pet Weight: 60
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, On Site Manager/Engineer, Sundeck, Receiving Room
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 1007
  • Management Contact Name: Andrea Bodentstein
  • Management Phone: 312-521-5965

Fee Information

  • Management Company: Advantage Management

Schools

  • School District: 299
  • Elementary School: SKINNER ELEMENTARY SCHOOL
  • Middle School: WILLIAM BROWN ELEMENTARY SCHOOL
  • High School: WELLS COMMUNITY ACADEMY SENIOR H
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17172140161012

Multi Family

  • Total Number Unitsin Building: 35
  • Number Stories: 7

Tax Info

  • Taxes: 13120.51

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,365,000 Multiple
Deed $1,255,000 Ct
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Credit Line Revolving
Previous Owner $286,000 New Conventional
Previous Owner $340,000 Unknown
Previous Owner $385,000 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $700,000 Credit Line Revolving
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: MRD09852546

Midwest Real Estate Data (MRED)

APN: 17-17-214-016-1012