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1500 North Orleans Street

1500 North Orleans Street, Chicago, IL 60610
Condo in Old Town
1500 North Orleans Street is a condo located in Old Town, Chicago. The building was first built in 1997 and is 27 years old. In total, 1500 North Orleans Street has a total floor area of 2,784 square feet. 1500 North Orleans Street has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. There are 4 closings on record. The most recent transaction sold for $1,825,000 on Aug 04, 2021. Fun fact, the oldest transaction we have on record took place on Jun 20, 2017. See the full transaction history for 1500 North Orleans Street below.

Old Town, where 1500 North Orleans Street is located, has a median asking price of $579,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

5 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240208 Unit 3S
02/08/2024
3S
2 Bed
2 Bath
1300 ft²
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
Steven Kehoe
Compass
20220707 Unit 3S
07/07/2022
3S
2 Bed
2 Bath
1300 ft²
$450,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
Steven Kehoe
Compass
20190924 Unit 3N
09/24/2019
3N
2 Bed
2 Bath
1300 ft²
$400,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
-
20190926 Unit 4N
09/26/2019
4N
2 Bed
2 Bath
-
$389,900
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20191017 Unit 2S
10/17/2019
2S
2 Bed
2 Bath
1300 ft²
$369,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,550
  • Total Building Area: 2,784
  • Gross Building Area: 2,784
  • Building Area: 2,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OGDENS SUB
  • Land Acres: 0.059
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: W B (OGDENS) SUB OF LTS123-124,127-134,137 & WH LTS 1 20&125 OF BRONSONS ADD TO CHGO IN NE SEC 04-39-14

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Current Owner 2: TRUST NUMBER 8002385572
  • Previous Owner : SCHROEDER RICHARD J
  • Previous Owner 2: SCHROEDER NICOLE A
  • Owner Before Previous Owner: OLDANI PAUL A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080300

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-69-03
  • District: 74
  • Parcel: 17-04-201-043-0000
  • Lot: 1,20
  • Meridian: SEC 04 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9094
  • Longitude: -87.6369

    Address

  • Full Address: 1500 N North Park Ave
  • Address - House Number: 1500
  • Street Direction: N
  • Address - Street Name: North Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 1292
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,831
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,564,838
  • High Value: 1,918,375
  • Low Value: 1,211,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 04, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $1,110,000
  • Market Land Value: $318,750
  • Market Improvement Value: $791,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,000
  • Assessed Land Value: $31,875
  • Assessed Improvements Value: $79,125

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Transaction ID: 11846383529
  • Current Sale Price: $1,825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2121601093
  • Previous Sale Recording Date: Oct 08, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Aug 04, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 08, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $719,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1500 North Orleans Street located in?
The 1500 North Orleans Street is a condo located in the neighborhood of Old Town in Central Chicago, Chicago.
What is the average sales price for listings in 1500 North Orleans Street?
The average sales price for units in 1500 North Orleans Street is $0 currently.

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