$599,000
SOLD MAY 27, 2022

863 N Paulina St Unit 3 Chicago, IL 60622

East Village Neighborhood
2 Beds
2 Baths
-- Sq Ft
$177/mo HOA Fee

Recently Sold

2% Above List Price

4 Days on Market

Highlights

  • Penthouse
  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Rooftop Deck
  • Wood Flooring
  • Skylights

About This Home

As of May 2022

Stunning, designer quality penthouse in the heart of East Village. This remarkable two bedroom two bath with a new private roof deck, accessible from within the unit, has been completely updated. Featuring a bright and open white kitchen with stone counter tops, stainless steel appliances and a new custom tiled backsplash. Large open living / dining room with soaring cathedral ceilings and skylight provides amazing natural light. Custom built-ins surround a showpiece vintage iron fireplace mantel. Spacious second bedroom with new built-in Murphy bed and desk. Owners' suite with walk in closet, large full white marble bath with double vanity, separate tub and shower. Rear back deck with east city views. Hardwood floors throughout, garage parking and additional storage. All decking has been replaced within the last year, roof with synthetic material. Building and HOA are in great shape with recent exterior sealing.

Last Agent to Sell the Property

Jeffrey Lowe

Compass License #475154506 Listed on: 04/25/2022

Compass

Co-Listed By

Arno Gerbrecht

Compass License #475120456

Last Buyer's Agent

Erin Mandel

@properties Christie's International Real Estate License #475115707

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,083

Year Built

  • Built in 2002

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Penthouse
  • Asphalt Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck

Schools

  • Talcott Elementary School
  • Wells Community Academy Senior H High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, exterior maintenance, scavenger
  • 3 Units

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,083

Year Built

Built in 2002

Lot Details

0

HOA Fees

$177 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 2002
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Double Pane Windows,Skylight(s)

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 589000
  • Lot Features: Common Grounds
  • OtherStructures: Garage(s)
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 177
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Talcott Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Talcott Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9083
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Roesch Alexander Perry and Roesch Simona Caroline
Bought by
Gruetzmacher Ryan
Current Estimated Value
$681,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,250
Outstanding Balance
$563,514
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$118,259

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 25, 2022
Sold by
Newmann Paul N and Newmann Kara J
Bought by
Roesch Alexander and Roesch Simon Caroline
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Erin Mandel
@properties Christie's International Real Estate
List Price
$589,000
Sold Price
$599,000
Premium/Discount to List
$10,000
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 14, 2021
Sold by
Miller Bradley I
Bought by
Newmann Paul N and Coyle Kara J
Seller's Agent
Melissa Edidin
@properties Christie's International Real Estate
Buyer's Agent
Jeffrey Lowe
Compass
Sold Price
$537,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$430,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2014
Closed on
May 23, 2014
Sold by
Castillo Daniel and Shah Reshma
Bought by
Miller Bradley I
Seller's Agent
Beth Gomez
Jameson Sotheby's Intl Realty
Buyer's Agent
Renee Yuditsky
@properties Christie's International Real Estate
List Price
$475,000
Sold Price
$452,000
Premium/Discount to List
-$23,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$275,000
Interest Rate
4.28%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 12, 2008
Sold by
Castillo Daniel and Shah Reshma
Bought by
Castillo Daniel and Shah Reshma

Purchase Details

Closed on
Jul 3, 2006
Sold by
Luu Kristin M and Luu Minh
Bought by
Castillo Daniel and Shah Reshma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 18, 2003
Sold by
863 N Paulina Llc
Bought by
Luu Kristin M and Luu Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,700
Interest Rate
5.5%
Mortgage Type
Unknown
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 $665,000 None Listed On Document
Warranty Deed $599,000 Proper Title
Warranty Deed $537,500 Proper Title Llc
Warranty Deed $452,000 Multiple
Interfamily Deed Transfer -- None Available
Joint Tenancy Deed $451,000 Attorneys Title Guaranty Fun
Warranty Deed $339,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $565,250 New Conventional
Previous Owner $430,000 New Conventional
Previous Owner $275,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $105,400 Stand Alone Second
Previous Owner $360,000 New Conventional
Previous Owner $89,000 Credit Line Revolving
Previous Owner $360,500 Unknown
Previous Owner $152,000 Unknown
Previous Owner $33,300 Credit Line Revolving
Previous Owner $268,000 Balloon
Previous Owner $268,700 Unknown
Previous Owner $33,500 Stand Alone Second
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $599,000 +1.7% --
04/29/2022 04/29/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $589,000 +9.6% --
06/21/2021 06/21/21 Sold $537,500 +2.4% --
04/27/2021 04/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale -- -- --
04/15/2021 04/15/21 For Sale $524,900 +16.1% --
05/29/2014 05/29/14 Sold $452,000 -2.8% --
04/30/2014 04/30/14 Pending -- -- --
04/17/2014 04/17/14 Price Changed $464,900 -2.1% --
04/09/2014 04/09/14 For Sale $475,000 -- --
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 $9,021 $53,423 $9,806 $43,617
2023 $9,449 $45,942 $3,832 $42,110
2022 $9,449 $45,942 $3,832 $42,110
2021 $8,569 $45,941 $3,832 $42,109
2020 $8,526 $41,376 $3,832 $37,544
2019 $9,083 $45,211 $3,832 $41,379
2018 $8,931 $45,211 $3,832 $41,379
2017 $8,814 $40,943 $3,381 $37,562
2016 $8,200 $40,943 $3,381 $37,562
2015 $7,503 $40,943 $3,381 $37,562
2014 $5,274 $30,992 $2,874 $28,118
2013 $5,158 $30,992 $2,874 $28,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11386183

Midwest Real Estate Data (MRED)

APN: 17-06-431-036-1003