$256,000
●
Condo -
Off Market
1645 W Ogden Avenue #816
Chicago, IL 60607
1 Bed
1 Bath
850 Ft²
$255,923
RealtyHop Estimate
4.46%
Since Jul 1, 2022
IL-Chicago
Primary Model
About This Property
One of the most sought buildings in the West Loop! This top
floor unit features soaring 13 ft ceilings, and no shortage of
natural light. Enjoy beautiful sunset views from your private
balcony. Full size in unit washer and dryer, hardwood floors,
an open functional floorplan with countertop dining or there is
room for your dinette set and desk. dual vanity in the
bathroom. The lobby is secured by a 24 hour doorman and on
site building manager. The comfortable common lounge has a tv,
couches, and pool table. The first floor fitness room has a enough
equipment to workout when you can't get to the gym. A large 7th
floor sundeck with grills and bluetooth speakers make for easy
entertaining or relaxing in the sun. This unbeatable location
is walking distance to Skinner and Union Parks, the United Center,
Google, and the never ending list of restaurants and attractions
the West Loop/Fulton Market continues to offer. One deeded
parking space is available. Large storage cage can be rented
through the building.
Unit Size
850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$288
Property Type
Condo
Property Taxes
$357
HOA Dues
$423
Year Built
1961
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11371639)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2022 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by Coldwell Banker Realty | $245,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Apr 27, 2017 | Listed by @properties | $210,000 | |
| Listed by @properties | |||
| | |||
|
Amazing 1 bedroom / 1 bathroom loft condo in prime West Loop location at Paramount Lofts! This modern, top floor unit features beautiful hardwood floors, soaring concrete ceilings and open kitchen layout with large granite breakfast bar. Floor-to-ceiling windows and large balcony with Western exposure showcase City & United Center views. Spacious and well-lit bathroom has double vanity with Kohler sinks, granite countertop, tub with tile surround & ample linen storage. Lofted master bedroom features dual closets. In-unit washer & dryer and front hall closet complete the picture. Professionally managed full-amenity building with 24-hour door staff, elevators, exercise room, Pressbox dry cleaning, and beautiful shared rooftop deck with sweeping views. Short walk to everything! IMD blue line station, Ashland pink/green station, Randolph St, United Center, parks, and transportation. Prime deeded exterior parking included!
| |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Doorman
Parking Details
Total Number of Parking: 1
Parking Features: Off Street
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms: 4
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Concrete
Age: Unknown
Rehab Year: 2006
Rebuilt(Y/N): No
Parcel Number: 17182150191220
Property Type: Residential
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $4,290
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: West Chicago
Corporate Limits: Chicago
Directions: Ashland North or South to Ogden. West to 1645 Ogden.
County or Parish: Cook
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Water, Parking, Security, Doorman, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
Association Fee: $423
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2024
|
3 Bed
|
2 Bath
|
1442 ft²
|
$449,000
3 Bed
2 Bath
1442 ft²
|
-
-
|
Thoa Nguyen
Century 21 S.G.R., Inc.
| |
|
05/29/2024
|
2 Bed
|
2 Bath
|
-
|
$389,000
2 Bed
2 Bath
|
$400,000
+2.83%
07/03/2024
|
Amanda McMillan
@properties Christie's International Real Estate
| |
|
03/12/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$349,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Joan Brennock
Baird & Warner
| |
|
07/12/2022
|
2 Bed
|
2 Bath
|
1320 ft²
|
$350,000
2 Bed
2 Bath
1320 ft²
|
$370,000
+5.71%
08/24/2022
|
Melissa Siegal
@properties Christie's International Real Estate
| |
|
04/11/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$245,000
1 Bed
1 Bath
850 ft²
|
$256,000
+4.49%
06/22/2022
|
Kevin Sullivan
Coldwell Banker Realty
| |
|
08/26/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$354,000
2 Bed
2 Bath
1200 ft²
|
$358,000
+1.13%
11/19/2021
|
Mark Quesada
Keller Williams ONEChicago
| |
|
03/28/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$349,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
02/14/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$349,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
04/27/2017
|
1 Bed
|
1 Bath
|
895 ft²
|
$210,000
1 Bed
1 Bath
895 ft²
|
$230,000
+9.52%
06/09/2017
|
Coleen Karpf
Keller Williams ONEChicago
| |
|
10/26/2011
|
2 Bed
|
2 Bath
|
1180 ft²
|
$127,900
2 Bed
2 Bath
1180 ft²
|
$128,000
+0.08%
05/04/2012
|
Gary Weglarz
Applebrook Realty, Inc.
| |
|
03/11/2008
|
1 Bed
|
1 Bath
|
1010 ft²
|
$270,000
1 Bed
1 Bath
1010 ft²
|
$262,500
-2.78%
05/09/2008
|
Joseph Gasbarra
Jameson Sotheby's Intl Realty
| |
|
08/21/2007
|
1 Bed
|
1 Bath
|
1010 ft²
|
$274,000
1 Bed
1 Bath
1010 ft²
|
$270,000
-1.46%
10/01/2007
|
Jennifer Leong
@properties Christie's International Real Estate
| |
|
02/05/2007
|
2 Bed
|
2 Bath
|
1310 ft²
|
$399,000
2 Bed
2 Bath
1310 ft²
|
$400,000
+0.25%
06/01/2007
|
Jane Hunter
Jane Hunter
| |
|
01/07/2007
|
2 Bed
|
2 Bath
|
1100 ft²
|
$340,000
2 Bed
2 Bath
1100 ft²
|
$375,000
+10.29%
06/20/2007
|
Victor Zack
ASAP Realty
|
Building Info
About West Side
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Listed by: Kevin Sullivan, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11371639
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11371639
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