$1,199,000
SOLD MAY 1, 2024

1506 N Cleveland Ave Unit 3 Chicago, IL 60610

Old Town Neighborhood
4 Beds
2.5 Baths
-- Sq Ft
$258/mo HOA Fee

Recently Sold

10 Days on Market

Highlights

  • Penthouse
  • 3-minute walk to Sedgwick Station
  • Heated Floors
  • Lincoln Park High School Rated A
  • Rooftop Deck
  • 3-minute walk to Park #598

About This Home

As of May 2024

Polished, spacious and bright - and boasting a highly coveted Chicago location in Old Town - 1506 N. Cleveland Ave., unit 3, is an expansive, 4 bed/2.5 bath duplex penthouse with 4 terraces and a private roof deck. A newer-construction brick building that lives amongst many historical homes and rowhouses, flawless fixtures and finishes are evidenced throughout, including driftwood gray-stained hardwood floors and modern crown molding. A large living room with a marble-fronted gas fireplace opens onto a formal dining space for an enviable entertaining footprint. Bookended by two charming private terraces (6' x 20' at the front, 5' x 12' at the back), the main level also features an open-concept kitchen and family room that includes a bonus dinette space for family meals. The family room features a media center with custom built-ins and receives amazing natural light, while the gorgeous chef's kitchen flaunts custom, two-toned cabinetry, white marble countertops, a seamless tile backsplash, a 10-foot island with counter seating, a Wolf six-burner range, a Sub-Zero refrigerator, a Bosch dishwasher, and a convenient pantry closet. Upstairs, the second level presents three secondary bedrooms - each with substantial closet space, one with an adjacent terrace (5' x 12') - and a deluxe primary suite with two walk-in closets, the home's fourth terrace (6' x 20'), and an exquisite ensuite bath with heated floors, dual sinks, a walk-in steam shower, and a standalone, jetted tub. This home comes complete with a large private roof deck with composite decking and picture-perfect skyline views. Additional details include designer light fixtures, an upstairs washer/dryer, and one garage parking space that is included in the price. A short walk to first-class shops and restaurants along Wells Street, North Avenue Beach, and the L train, 1506 N. Cleveland Ave., unit 3, is a chic and contemporary, turnkey home in one of Chicago's most beloved neighborhoods.

Last Agent to Sell the Property

Tim Salm

Jameson Sotheby's Intl Realty License #475133721

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Matt Leutheuser

Jameson Sotheby's Intl Realty License #475145245

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,442

Year Built

  • Built in 2017

HOA Fees

  • $258 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, lawn care, scavenger
  • 3 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,442

Year Built

Built in 2017

Lot Details

0

HOA Fees

$258 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Duplex,Penthouse
  • Year Built: 2017
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, Storage
  • Room Type: Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,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

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 1199000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 258
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Lawn Care, Scavenger

Schools

  • High School: Lincoln Park High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • 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: 21442.45
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Map

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 Change Sq Ft Price
05/01/2024 05/01/24 Sold $1,199,000 0.0% --
03/08/2024 03/08/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $1,199,000 +9.0% --
04/11/2019 04/11/19 Sold $1,100,000 -4.3% --
03/13/2019 03/13/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $1,150,000 -3.8% --
09/21/2018 09/21/18 For Sale $1,195,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $21,914 $112,455 $21,415 $91,040
2023 $21,914 $109,962 $17,270 $92,692
2022 $21,914 $109,962 $17,270 $92,692
2021 $21,442 $109,961 $17,270 $92,691
2020 $28,345 $130,343 $14,507 $115,836
2019 $19,880 $98,951 $14,507 $84,444
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $959,200 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,199,000 Chicago Title
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11989794

Midwest Real Estate Data (MRED)

APN: 17-04-109-060-1003