NOT LISTED FOR SALE

Estimated Value: $406,000 - $501,526

3 Beds
2 Baths
1,403 Sq Ft
$1,097/mo HOA Fee

Last Sold October 12, 2021

Last sale price $437,500 $312 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,193/month

21 Days on Market

Highlights

  • Multiple Garages
  • Attached Garage
  • Heated Garage
  • Nettelhorst Elementary School Rated A-
  • Combination Dining and Living Room
  • 5-minute walk to Diversey Driving Range

About This Home

As of October 2021

Located in one of Mies van der Rohe's coveted MCM buildings, this model quality home has stunning hardwood floors throughout, open concept layout with skyline and park views! Recent updates include hardwood floors installed throughout & all of the HVAC units have been replaced. Large primary bedroom features updated en suite bath, room for a king bed, and generous walk in closet. The kitchen features tons of cabinets, all stainless steel appliances, island with room for bar stools, and undercabinet lights. Located directly outside the unit door is a small storage unit (great for luggage, Costco purchases, strollers, etc.) which is in addition to a large storage unit that's included with the unit. Full service building has a fabulous outdoor pool, BBQ/playground area, herb garden, commissary and exercise facilities (new gym to be built on 3rd floor this August). Assessment includes expanded cable, 2 TiVo boxes, Showtime & HBO, 155 mbps internet (building is currently being wired for fiber with new internet speed to be 1 GIG by end of this year), use of all the facilities, and 24 hour doorman & maintenance. No wait list parking available for lease. Steps to Lincoln Park, Diversey Harbor, Lakefront, Trader Joe's, Mariano's, Dom's Kitchen & Market, and tons of local boutiques and restaurants!

Last Listed By

Paul Waitz

Jameson Sotheby's Intl Realty License #475135912 Listed on: 08/09/2021

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,581

Year Built | Renovated

  • 1957 | 2016

Lot Details

  • 1.57

HOA Fees

  • $1,097 per month

Parking

  • Attached Garage
  • Multiple Garages
  • Leased Parking
  • Heated Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • Combination Dining and Living Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 330 Units
  • Lea Relias Association, Phone Number (773) 348-3358
  • High-Rise Condominium
  • Property managed by Community Specialists

Pet Policy

  • Pets Allowed
  • Pets up to 99 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,581

Year Built | Renovated

1957 | 2016

Lot Details

0

HOA Fees

$1,097 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub Type: Condo,High Rise (7+ Stories)
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 8
  • Rehab Year: 2016
  • Directions: On Sheridan, 20 feet north of Diversey on the east side of the street.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Commonwealth Plaza
  • Special Features: None
  • Year Built: 1957
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
  • Has Basement: None
  • 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
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Storage, Walk-In Closet(s), Open Floorplan, Dining Combo, Doorman, Granite Counters
  • Other Equipment: TV-Cable
  • Dining Room Type: No additional rooms
  • Stories: 28

Exterior Features

  • Exterior Features: Door Monitored By TV
  • Exterior Building Type: Glass
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 240
  • Lowest Parking Fee: 225
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Sep Heating Systems - 2+, Zoned
  • Electric: Circuit Breakers
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Lea Relias
  • Management Phone: 773-348-3358
  • Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Elevator(s)
  • Association Fee: 1097
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Nettelhorst Elementary School
  • Junior High Dist: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 99
  • Land Lease Amount: 225

Multi Family

  • Units in Building: 330

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 6252.87
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 1, 2021
Sold by
Odonovan Deann
Bought by
Schmees Katherine Anne
Seller's Agent
Paul Waitz
Jameson Sotheby's Intl Realty
Buyer's Agent
Helen Sobel
Baird & Warner
List Price
$445,000
Sold Price
$437,500
Premium/Discount to List
-$7,500
-1.69%
Total Days on Market
21
Current Estimated Value
$457,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,882
Avg. Annual Appreciation
1.27%
Original Mortgage
$304,500
Outstanding Balance
$280,671
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,711

Purchase Details

Listed on
May 19, 2016
Closed on
Oct 11, 2016
Sold by
Oh Ok Ju and Oh Hong Tae
Bought by
Kovalan Deann
Seller's Agent
William Farrell
RE/MAX Suburban
Buyer's Agent
Kelly Mead
Baird & Warner
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$300,000
Interest Rate
3.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 7, 2001
Sold by
Chicago Title Land Trust Company
Bought by
Oh Hong Tae and Oh Ok Ju

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
Schmees Katherine Anne $437,500 Proper Title Llc
Kovalan Deann $415,000 First American Title
Oh Hong Tae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmees Katherine Anne $304,500
Previous Owner Donovan Deann O $300,000
Previous Owner Kovalan Deann $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $437,500 -1.7% $312 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $445,000 +7.2% $317 / Sq Ft
10/13/2016 10/13/16 Sold $415,000 -3.3% --
08/29/2016 08/29/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $429,000 -- --
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 $6,581 $37,025 $2,489 $34,536
2023 $6,581 $32,000 $2,005 $29,995
2022 $6,581 $32,000 $2,005 $29,995
2021 $5,765 $31,998 $2,004 $29,994
2020 $6,253 $31,171 $1,324 $29,847
2019 $6,170 $34,140 $1,324 $32,816
2018 $6,065 $34,140 $1,324 $32,816
2017 $5,368 $28,312 $1,164 $27,148
2016 $5,170 $28,312 $1,164 $27,148
2015 $4,707 $28,312 $1,164 $27,148
2014 $4,517 $26,915 $953 $25,962
2013 $4,417 $26,915 $953 $25,962
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11184249

Midwest Real Estate Data (MRED)

APN: 14-28-206-005-1251