NOT LISTED FOR SALE

3151 N Lincoln Ave Unit 303 Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $551,027

2 Beds
2 Baths
1,613 Sq Ft
$576/mo HOA Fee

Last Sold September 16, 2024

Last sale price $550,000 $341 Per Sq Ft

Current estimated payment $4,374/month

1 Day on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Augustus H. Burley Elementary School Rated A-
  • Deck
  • 5-minute walk to Burley Community Park

About This Home

As of September 2024

This captivating 2 Bed/2 Bath brick and timber loft is located in an elevator building, has a PRIVATE rooftop deck, and attached garage parking INCLUDED! The brand new chef's kitchen boasts quartz counters, stainless steel appliances, ample cabinet space and breakfast bar seating. The sun drenched living room features hardwood floors throughout, high ceilings, a gas fireplace and designated dining area. Off the living room is an internal staircase that takes you directly up to your recently expanded PRIVATE rooftop deck. The king-sized primary bedroom has a NEWLY rehabbed ensuite bathroom, a walk-in closet, and a loft reading nook with ladder. The recently remodeled primary bathroom features a dual vanity sink, shower/tub combo, custom stikwood walls, and schoolhouse electric lighting. Spacious 2nd bedroom features ample closet space and has enough room to fit a desk for a wonderful work from home space. The second bathroom is also NEWLY rehabbed with modern tile, a walk in shower, and black matte fixtures! Washer/Dryer in-unit! 1 attached garage parking space AND extra storage INCLUDED make this condo the complete package! Located in the heart of Lakeview just steps to Southport Corridor and Roscoe Village. Walk to Target, Whole Foods, Paulina CTA, restaurants and shopping. Burley School District!

Last Listed By

Elliot Small

Compass License #471017203 Listed on: 08/16/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,898

Year Built

  • Built in 1936 | Remodeled in 2023

Lot Details

  • 0.69

HOA Fees

  • $576 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,613 Sq Ft Home
  • Open Floorplan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Burley Elementary School
  • Lake View High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 52 Units
  • Jim Gambill Association, Phone Number (773) 269-6107
  • Mid-Rise Condominium
  • Property managed by Kass Management
  • 6-Story Property

Amenities

  • Sundeck
  • Elevator
  • Package Room
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,898

Year Built

Built in 1936 | Remodeled in 2023

Lot Details

0

HOA Fees

$576 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Year Built: 1936
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Double Sided, Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Pantry
  • LivingArea: 1613
  • Room Type: Pantry, Deck, Walk In Closet
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 550000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 576
  • Association Amenities: Elevator(s), Storage, Sundeck, Receiving Room, Intercom, Security
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kass Management
  • Management Contact Name: Jim Gambill
  • Management Phone: 773-269-6107
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Burley Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Burley Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • 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: 8897.7
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 4, 2024
Sold by
Latterman Gregg and Latterman Sue
Bought by
Foydl Chad and Ackerman Don
Seller's Agent
Elliot Small
Compass
Buyer's Agent
Mitchel Young
North Star Real Estate Group
List Price
$550,000
Sold Price
$550,000
Total Days on Market
1
Views
17
Current Estimated Value
$551,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027
Avg. Annual Appreciation
0.31%
Original Mortgage
$160,000
Outstanding Balance
$159,268
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$391,760

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 8, 2023
Sold by
Chicago Properties Llc
Bought by
Latterm Gregg
Seller's Agent
Ann Carson
@properties Christie's International Real Estate
Buyer's Agent
Coco Harris
Compass
List Price
$435,000
Sold Price
$470,500
Premium/Discount to List
$35,500
8.16%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 1, 2019
Sold by
Rudnick Thomas S
Bought by
Chicago Properties Llc
Seller's Agent
Robin Phelps
@properties Christie's International Real Estate
Buyer's Agent
Jarrod Enright
Redfin Corporation
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
May 1, 2001
Sold by
Wall Robert F
Bought by
Mumper Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 25, 1996
Sold by
Lincoln Lofts Inc
Bought by
Wall Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8%

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
Foydl Chad $550,000 Proper Title
Latterm Gregg $470,500 Chicago Title Insurance Compan
Chicago Properties Llc $389,000 Proper Title Llc
Mumper Michael A $320,000 --
Wall Robert F $201,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foydl Chad $160,000
Previous Owner Rudnick Thomas S $327,500
Previous Owner Rudnick Thomas $60,000
Previous Owner Rudnick Thomas $42,500
Previous Owner Rudnick Thomas S $340,000
Previous Owner Mumper Michael A $280,000
Previous Owner Mumper Michael A $30,000
Previous Owner Mumper Michael A $256,000
Previous Owner Wall Robert F $100,000
Closed Mumper Michael A $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $550,000 0.0% $341 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $550,000 +16.9% $341 / Sq Ft
06/19/2023 06/19/23 Sold $470,500 +8.2% $292 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $435,000 +11.8% $270 / Sq Ft
05/10/2019 05/10/19 Sold $389,000 -1.4% $278 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $394,500 -1.1% $282 / Sq Ft
03/25/2019 03/25/19 For Sale $399,000 0.0% $285 / Sq Ft
11/20/2016 11/20/16 Rented $2,600 0.0% --
11/01/2016 11/01/16 For Rent $2,600 -- --
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 $8,669 $47,654 $12,680 $34,974
2023 $8,669 $41,000 $10,226 $30,774
2022 $8,669 $41,000 $10,226 $30,774
2021 $8,470 $40,999 $10,225 $30,774
2020 $8,092 $35,366 $4,090 $31,276
2019 $7,261 $38,567 $4,090 $34,477
2018 $7,138 $38,567 $4,090 $34,477
2017 $6,715 $33,678 $3,681 $29,997
2016 $6,439 $33,678 $3,681 $29,997
2015 $5,880 $33,678 $3,681 $29,997
2014 $6,095 $34,282 $1,942 $32,340
2013 $5,967 $34,282 $1,942 $32,340
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12140128

Midwest Real Estate Data (MRED)

APN: 14-29-100-040-1024