NOT LISTED FOR SALE

2525 N Sheffield Ave Unit 2G Chicago, IL 60614

Sheffield & DePaul Neighborhood

Estimated Value: $415,451 - $496,000

1 Bed
1 Bath
1,044 Sq Ft
$310/mo HOA Fee

Last Sold June 28, 2023

Last sale price $396,000 $379 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,457/month

20 Days on Market

Highlights

  • Lock-and-Leave Community
  • Loft
  • Resident Manager or Management On Site
  • Mayer Elementary School Rated A-
  • Elevator
  • 3-minute walk to Jonquil Park

About This Home

As of June 2023

This loft is a fantastic opportunity for anyone looking for a unique living space in a prime location. As you walk in, you'll be greeted by an open dining room/living room featuring gorgeous hardwood floors, large windows that give plenty of natural light, and a cozy fireplace that will make you feel right at home. The exposed brick and ultra-high ceilings give this loft character and charm. The kitchen boasts stainless steel appliances and granite countertops. Ample in-unit storage for all your fashionista needs, But wait, there's more with its prime location steps from the Brown/Purple/Red lines, Fullerton El stop, all the best restaurants, bars, shops, and entertainment options. This is the ultimate spot to live your best life in a luxurious and trendy condo. So what are you waiting for? Schedule a showing today and start living your best life! 48 hrs notice tenant occupied

Last Listed By

Renee Greene

Compass License #475142983 Listed on: 04/27/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,201

Year Built

  • Built in 1915

Lot Details

  • 0.38

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,044 Sq Ft Home
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Oscar Mayer Elementary School
  • Lincoln Park High School

Utilities

  • Central Air
  • 150 Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, snow removal, internet
  • 28 Units
  • Edin Seferovic Association, Phone Number (312) 414-1105
  • Property managed by PropertyHill Inc
  • Lock-and-Leave Community
  • 5-Story Property

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,201

Year Built

Built in 1915

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Rebuilt Year: 2007
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 1044
  • Room Type: Loft
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 396000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 150 Amp Service
  • Heating: Other
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 310
  • Association Amenities: Elevator(s), Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: PropertyHill Inc
  • Management Contact Name: Edin Seferovic
  • Management Phone: 312-414-1105
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Exterior Maintenance, Lawn Care, Snow Removal, Other, Internet

Schools

  • Elementary School: Oscar Mayer Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Oscar Mayer Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 7201.42
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 27, 2023
Sold by
Binyon Dory
Bought by
Fisher Kylie J
Seller's Agent
Renee Greene
Compass
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$419,000
Sold Price
$396,000
Premium/Discount to List
-$23,000
-5.49%
Total Days on Market
20
Views
10
Current Estimated Value
$455,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,113
Avg. Annual Appreciation
6.95%
Original Mortgage
$316,800
Outstanding Balance
$311,085
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$137,038

Purchase Details

Closed on
Apr 30, 2007
Sold by
2525 North Sheffield Llc
Bought by
Binyon Dory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

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
Fisher Kylie J $396,000 Fidelity National Title
Binyon Dory $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Kylie J $316,800
Previous Owner Binyon Dory $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $396,000 0.0% $379 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $396,000 -5.5% $379 / Sq Ft
04/27/2023 04/27/23 For Sale $419,000 0.0% $401 / Sq Ft
12/01/2016 12/01/16 Rented $2,000 -8.7% --
11/11/2016 11/11/16 Under Contract -- -- --
10/31/2016 10/31/16 Price Changed $2,190 -8.4% $2 / Sq Ft
10/27/2016 10/27/16 For Rent $2,390 -- --
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 $7,347 $42,019 $9,735 $32,284
2023 $7,347 $39,144 $7,851 $31,293
2022 $7,347 $39,144 $7,851 $31,293
2021 $7,201 $39,142 $7,850 $31,292
2020 $6,387 $31,772 $3,768 $28,004
2019 $6,239 $34,485 $3,768 $30,717
2018 $6,133 $34,485 $3,768 $30,717
2017 $5,499 $28,918 $3,349 $25,569
2016 $5,292 $28,918 $3,349 $25,569
2015 $4,818 $28,918 $3,349 $25,569
2014 $4,472 $26,669 $2,839 $23,830
2013 $4,372 $26,669 $2,839 $23,830
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11765280

Midwest Real Estate Data (MRED)

APN: 14-29-419-047-1014