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1507 North Cleveland Avenue

1507 North Cleveland Avenue, Chicago, IL 60610
Condo in Old Town
1507 North Cleveland Avenue is a condo located in Old Town, Chicago. The building was first built in 2000 and is 24 years old. In total, 1507 North Cleveland Avenue has a total floor area of 2,828 square feet. 1507 North Cleveland Avenue 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 and patio space. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 99 days and tend to sell below the original asking price of $535,000 by 0.75%. Meaning, listings tend to sell at a median of $351 price per square foot. The transaction that took the longest to complete was unit 2S, listed on Mar 04, 2021 for $535,000. This particular unit ultimately sold 99 days later for $531,000. The most recent transaction was for unit 2S, which was first advertised on Mar 04, 2021, sold for $531,000 on Jun 11, 2021. Fun fact, the oldest transaction we have on record took place on Aug 04, 2016. See the full transaction history for 1507 North Cleveland Avenue below.

Old Town, where 1507 North Cleveland Avenue is located, has a median asking price of $579,000 for condo buildings. Meanwhile, the building itself has a median asking price of $535,000. For interested buyers, that means the building's median asking price is around 0.08% 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

Block Exterior
Brick Exterior

Parking

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

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230221 Unit 3S
02/21/2023
3S
3 Bed
3 Bath
2700 ft²
$850,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2700 ft²
-
-
-
Peter Angelo
Jameson Sotheby's Intl Realty
20210518 Unit 1S
05/18/2021
1S
3 Bed
3 Bath
2800 ft²
$799,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2800 ft²
-
-
-
-
20210304 Unit 2S
03/04/2021
2S
2 Bed
2 Bath
1526 ft²
$535,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1526 ft²
$531,000 -0.75%
06/11/2021
Lisa Asher Santillan
20200317 Unit 3S
03/17/2020
3S
3 Bed
3 Bath
2700 ft²
$889,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2700 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,100
  • Total Building Area: 2,828
  • Gross Building Area: 2,828
  • Building Area: 2,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,828
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SKINNERS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARK (SKINNERS) SUB OF BLKS2-3 & W33FT BLK1 IN STATE BANK OF ILLINOIS SUB IN NE NW SEC 04-39-14

Ownership

  • Current Owner : MISRA SANJEEV
  • Current Owner 2: SISIRAK JASMINA
  • Previous Owner : MONTANA PASQUALE
  • Previous Owner 2: MONTANA THERESA
  • Owner Before Previous Owner: THE CLARE GROUP LTD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080400

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-65-02
  • District: 74
  • Parcel: 17-04-109-021-0000
  • Block: 1-3
  • Lot: 47
  • Meridian: SEC 04 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9095
  • Longitude: -87.6418

    Address

  • Full Address: 1507 N Mohawk St
  • Address - House Number: 1507
  • Street Direction: N
  • Address - Street Name: Mohawk
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C087
  • 4-Digit Zip Code: 1115
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,402
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 74009

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,675,151
  • High Value: 2,053,610
  • Low Value: 1,296,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,110,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 26, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,110,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $1,123,350
  • Market Land Value: $387,500
  • Market Improvement Value: $735,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,335
  • Assessed Land Value: $38,750
  • Assessed Improvements Value: $73,585

    Sales

  • Current Sale Contract Date: Jul 27, 2015
  • Current Sale Recording Date: Aug 07, 2015
  • Current Sale Transaction ID: 1239558706
  • Current Sale Price: $1,725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1521901091
  • Previous Sale Recording Date: Dec 18, 1998
  • Previous Sale Contract Date: Dec 10, 1998
  • Previous Sale Amount: $697,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 07, 2015
  • First Mortgage Loan Amount: $1,380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MID TOWN BANK & TRUST COMPANY
  • Previous Mortgage Transaction Date: Dec 18, 1998
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2029

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1507 North Cleveland Avenue located in?
The 1507 North Cleveland Avenue is a condo located in the neighborhood of Old Town in Central Chicago, Chicago.
What is the average sales price for listings in 1507 North Cleveland Avenue?
The average sales price for units in 1507 North Cleveland Avenue is $535,000 , or $351/sqft. currently.

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