NOT LISTED FOR SALE

The Powhatan 4950 S Chicago Beach Dr Unit 12A Chicago, IL 60615

Kenwood Neighborhood
4 Beds
4 Baths
4,000 Sq Ft
$6,658/mo HOA Fee

Last Sold June 06, 2022

Last sale price $775,000 $194 Per Sq Ft

213 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Lock-and-Leave Community
  • Kenwood Academy High School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of June 2022

The Powhatan is the Midwest's most luxurious Art Deco landmark. This apartment is arguably the best and more recent renovations of the "A" floorplan and is larger than other "A" apartments and larger than most single family homes. The apartment covers more than half of the floor and has a private elevator entrance. The postcard views to the north, include Chicago's shoreline to downtown and Navy Pier, east to Lake Michigan as well as south, and west. Three rooms feature estate size private baths, two additional rooms share a full bath, then there is a powder room for guests. This floorplan allows tremendous flexibility to use up to five rooms as bedrooms or to use some of them as a den, study, fitness room, or library. The art deco lobby, pool & ballroom are beyond belief. The building's 5-star white glove service includes 24-hour doorman, valet parking, uniformed elevator attendants, professional engineering, and maintenance staff. Assessment inc. parking, RE taxes, & service. The complete remodel utilized high end finishes and custom craftmanship including: Updated electrical and plumbing * wide plank, white oak wood floor with timeless custom finish * custom designed and fabricated radiator covers * refurbished windows * highest quality custom cabinetry in kitchen pantry and primary bedroom * custom stainless barn doors in den & primary bedroom * custom fireplace surround, refurbished fireplace interior & antique marble tile in the living room * hardwired, programmable Lutron shades in dining room, foyer, living room & den * manual Lutron shades elsewhere * custom porcelain slab wall in powder room * Wareham Quartzite kitchen countertop with custom stainless steel accents * Dorn Bracht kitchen faucet * Reclaimed antique marble kitchen floor * Duravit bathroom sinks * Newport Brass bath fixtures * Ann Sacks tile in bathrooms and kitchen * custom teak surround w/ Kohler, cast iron tub in primary bathroom * Toto toilets * NuHeat programmable floor in primary bedroom suite's bathroom * Designer Carrara marble tile in guest bathroom * custom closet interiors * reconfigured original doors in coat closet & primary bathroom * contemporary Emtek door hardware * Ginger bath accessories * Hafele & Schaub cabinet hardware * refurbished original doors * two zone Space Pac air-conditioning & humidifier * Subzero, Bosch, Best Hood, LG & Miele appliances.

Last Agent to Sell the Property

Michael Fine

Fine and Company LLC License #471009718 Listed on: 10/03/2021

Last Buyer's Agent

Michael Fine

Fine and Company LLC License #471009718 Listed on: 10/03/2021

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 1929 | Remodeled in 2017

Lot Details

  • Waterfront

HOA Fees

  • $6,658 Monthly HOA Fees

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 4,000 Sq Ft Home
  • Wet Bar
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Laundry Room
  • Gallery
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Full Bathrooms
  • Separate Shower

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, security, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 40 Units
  • Dr. Richard Penn Association, Phone Number (312) 202-9300
  • Powhatan Subdivision
  • Lock-and-Leave Community
  • 22-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$7,440

Year Built

Built in 1929 | Remodeled in 2017

Lot Details

0

HOA Fees

$6,658 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Vintage
  • Ownership: Co-op
  • New Construction: No
  • Property Sub-Type: Vintage
  • Subdivision Name: Powhatan
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 12
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 22
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Microwave
  • Basement: None
  • Accessibility Features: Two or More Access Exits, Door Width 32 Inches or More, Hall Width 36 Inches or More
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Elevator, Hardwood Floors, Storage
  • LivingArea: 4000
  • Room Type: Gallery
  • Stories Total: 22
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 750000
  • Lot Features: Water View
  • Waterfront: Yes
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 6658
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Dr. Richard Penn
  • Management Phone: 312-202-9300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, Security, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 236X267X208X137+132
  • 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: 7439.64
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 40

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $775,000 +3.3% $194 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/10/2022 04/10/22 Price Changed $750,000 -11.8% $188 / Sq Ft
03/13/2022 03/13/22 Price Changed $850,000 -14.6% $213 / Sq Ft
10/03/2021 10/03/21 For Sale $995,000 +397.5% $249 / Sq Ft
08/19/2016 08/19/16 Sold $200,000 0.0% $50 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
08/05/2016 08/05/16 Off Market $200,000 -- --
04/01/2016 04/01/16 For Sale $250,000 -- $63 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11236604

Midwest Real Estate Data (MRED)