NOT LISTED FOR SALE

532 N Hermitage Ave Unit 1 Chicago, IL 60622

West Town Neighborhood

Estimated Value: $663,000 - $784,000

3 Beds
2.5 Baths
2,400 Sq Ft
$297/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $590,500 $246 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,211/month

6 Days on Market

Highlights

  • Rooftop Deck
  • Wine Refrigerator
  • Bar Fridge
  • Wood Flooring
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

As of March 2023

This WIDE, LUX, & MODERN 3 bedroom / 2.1 bathroom duplex down lives like a single family home with the ease of a condo delivering MAGAZINE CALIBER finishes and large East-facing windows, GARAGE DECK, GARAGE PARKING, IN-UNIT LAUNDRY, all tucked in the desired Talcott School District and the bustling West Town neighborhood boasting renowned & beloved restaurant options. The open and airy 30-foot-wide floorplan with beautiful dark stained hardwood floors and tall ceilings offers multiple furniture configurations perfect for entertaining, dining, home officing and family gatherings, opening into the modern kitchen boasting sleek Italian cabinets, ample quartz counter space, textured tiled backsplash, 5-burner gas stove, stainless steel appliances (Viking, Miele, Bosch) and an expansive 10-foot wide island/breakfast bar perfect for morning coffee. The backdoor flows out to a walled-in GARAGE DECK, the perfect oasis for outdoor entertaining and summer lounging. Sleek half bath with floating vanity. Down the carefully designed metal and wood staircase a hallway provides the perfect sitting nook, extra tall custom Copat closet storage and 3 bedrooms. Retreat to the spacious primary suite boasting a large bedroom flowing into the grand spa-like ensuite primary bathroom, boasting a frameless glass double walk-in shower providing a large rain shower head and dual floating vanities with large mirrors, Porcelonosa faucets/fixtures and tile, plus a large closet. Two bedrooms on the opposite end of the floor are serviced by a bathroom with a deep soaking tub and a contemporary rain shower, with a convenient in-unit laundry closet providing a full-size stacked front-loading washer & dryer. Ample storage throughout the home, attached to unit and in garage. ATTACHED GARAGE PARKING included. The Shade Store shades throughout, including blackout, motorized in lower level. Energy saving features include: HE furnace, tankless on demand hot water heater, 2021 sump and ejector pits with battery backups. GREAT LOCATION: Proximity to highway 90 / 94 Kennedy expressway, near Blue Line EL Trains via Division CTA station or buses along Grand. Shop Mariano's, Target, Garden Gourmet Market. ACCESS TO GREEN & NATURAL SPACES: Blocks to Met West Community Garden and minutes to Snowberry Playground Park. Enjoy NEIGHBORHOOD FAVORITES: Uncle Mike's Place, Breakfast House, Publican Quality Breads, Coalfire Pizza, ARAMI, Beatnik West Town, JJ Thai Street Food, Opart Thai House, Yuzu Sushi & Robata Grill, The Loyalist, Alegrias Seafood, Forbidden Root, Hoosier Mama Pie, & Flo. Pet Friendly. This home lives well. Must See.

Last Listed By

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 02/02/2023

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,054

Year Built

  • Built in 2013

Lot Details

  • 2,744

HOA Fees

  • $200 Monthly HOA Fees

Parking

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

Home Design

  • Half Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub
  • European Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Rooftop Deck
  • Screened Deck

Schools

  • Talcott Elementary School
  • Wells Community Academy Senior H High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 150 Amp Service
  • Lake Michigan Water
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care
  • 2 Units
  • Property managed by self-managed

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,054

Year Built

Built in 2013

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo
  • Year Built: 2013
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Intercom
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2400
  • Other Equipment: Humidifier, TV-Cable, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Deck
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,European Shower,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck, Screened Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 575000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Steel Siding,Frame,Glass,Other

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 150 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 200
  • Association Amenities: Intercom
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self-managed
  • Management Contact Name: xxxx
  • Management Phone: 111-111-1111
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care

Schools

  • Elementary School: Talcott Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Talcott Elementary School
  • Middle/Junior School District: 299

Lot Info

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

Green Features

  • GreenEnergyEfficient: Water Heater, Low flow commode, Low flow fixtures

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: 12054.13
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 4, 2023
Sold by
Petersmarck Stephanie
Bought by
Shetty Pratik and Hegde Akshatha
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Keith Kimble
Compass
List Price
$575,000
Sold Price
$590,500
Premium/Discount to List
$15,500
2.7%
Total Days on Market
6
Views
20
Current Estimated Value
$713,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,402
Avg. Annual Appreciation
9.27%
Original Mortgage
$472,400
Outstanding Balance
$431,790
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$282,112

Purchase Details

Closed on
Jun 21, 2013
Sold by
Ecoluxe Llc 534 N Hermitage
Bought by
Kremer Jake and Archer Kristyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2012
Sold by
Luxe Llc
Bought by
Luxe Llc

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
Shetty Pratik $590,000 Properties Title
Kremer Jake $415,000 --
Kremer Jake $415,000 --
Archer Kristyna $415,000 --
Luxe Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shetty Pratik $472,400
Previous Owner Petersmarck Stephanie $570,000
Previous Owner Petersmarck Stephanie $302,430
Previous Owner Archer Kristyna $394,250
Previous Owner Petersmarck Stephanie $331,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $590,500 +2.7% $246 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $575,000 -- $240 / Sq Ft
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 $12,311 $68,510 $10,673 $57,837
2023 $12,311 $63,275 $4,871 $58,404
2022 $12,311 $63,275 $4,871 $58,404
2021 $12,054 $63,274 $4,871 $58,403
2020 $11,192 $53,341 $4,871 $48,470
2019 $11,113 $58,742 $4,871 $53,871
2018 $10,925 $58,742 $4,871 $53,871
2017 $8,199 $41,464 $4,297 $37,167
2016 $7,805 $41,464 $4,297 $37,167
2015 $7,117 $41,464 $4,297 $37,167
2014 $8,297 $44,718 $3,581 $41,137
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11707603

Midwest Real Estate Data (MRED)

APN: 17-07-221-047-1001