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$549,000   Price Analysis
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1236 E Madison Park Ave Unit 1E
Chicago, IL 60615
4 bed 3 bath 2,500 SqFt ($219/SqFt)
Built 1926
Listed 2024-06-10, HOA $1000, Taxes $8,982
Ⓧ USDA Ineligible
due to location

near Chicago

This elegant Madison Park condominium offers 2,600 square feet of living space within a stately

* Has Contingent Offer *

Well-maintained boutique building. Featuring views from the second level overlooking the private tree lined park, this four bedroom, two full and one half-bath home has been recently renovated. The original hardwood floors have been refinished, mahogany doors stripped of layers of paint and professionally restored, new lighting installed and electric service upgraded to 200 amp. Additionally, all the bathrooms are new and the kitchen has been thoughtfully renovated.

The condominium lives like a single-family house, with areas for entertaining and generously sized bedrooms designed for quiet and privacy. The building has many upgrades including new elevators in 2017, new hallway lighting fixtures and restoration of the elegant entry doors in 2023. The building is professionally managed, offers a lovely garden at the rear, small exercise room and a prvate parking lot with one assigned parking spot for this unit - in addition to one space available in the parkway if needed. As well, the condo includes a large and conveneinet private laundry and storage room on the main entry level. Welcome to the Madison Park community!


Presented by Susan O'Connor at
Berkshire Hathaway HomeServices Chicago - Michigan Avenue Office.
Listing Agent Photo

Property MLS #12033962 from MRED

Bedrooms: 4
Bedrooms Possible: 4
Primary Bedroom Dimensions: 19 x 12
Bedroom 2 Dimensions: 18 x 13
Bedroom 3 Dimensions: 15 x 12
Bedroom 4 Dimensions: 15 x 9
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main

Total Rooms: 8
Breakfast Room
Laundry: 8 x 10
Laundry Level: Lower
Living Room Dimensions: 22 x 17
Living Room Level: Main
Exercise Room: Yes

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

Yes

Cooling Features: Window/Wall Units - 3+
Heating Features: Steam, Baseboard, Radiator(s)

Breakfast Room Dimensions: 12 x 7
Breakfast Room Level: Main
Dining Area Dimensions: 18 x 13
Dining Area Level: Main
Kitchen Dimensions: 15 x 12
Kitchen Level: Main

Lot Description: Landscaped

Driveway: Asphalt
Parking Features: Assigned, Off Street
Parking Total: 1

Association: Yes
Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Service Elevator(s), Private Laundry Hkup
Association Fee: 1000
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Calculated Total Monthly Association Fees: 1000
Pets Allowed: Cats OK, Dogs OK
Cats Allowed: Yes
Dogs Allowed: Yes

Elementary School District: 299
High School District: 299

Shoesmith Elementary School is a public elementary school located approximately 0.1 miles away.
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Kenwood Academy High School is a public middle and high school located approximately 0.3 miles away.
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City Elementary is a private elementary and middle school located approximately 0.2 miles away.
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Chicago Free School is a private elementary and middle school located approximately 0.2 miles away.
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Annual Tax Amount: 9872.57
Source Listing Status: Active Under Contract
County: Cook
Directions: Madison Park is private enclave just north of Hyde Park Boulevard at Woodlawn Avenue. Entrance to the grounds is eastbound off Woodlawn, or westbound off Dorchester.
Tax Year: 2022
Ownership: Condo
Source Property Type: Residential
Property Subtype: condo
Parcel Number: 20112121321001
Postal Code Plus 4: 2938
Township: Hyde Park
Management Company: Connected Property Management
Property Subtype: Attached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$41,293 + $6,706
$47,999
$8,982
2020$20,494 + $5,364
$25,858
$5,069
2019$22,795 + $5,364
$28,159
$4,968
2018$22,795 + $5,364
$28,159
$4,883
2017$29,699 + $4,426
$34,125
$6,619
2016$29,699 + $4,426
$34,125
$6,334
2015$29,699 + $4,426
$34,125
$5,772
2014$26,669 + $3,621
$30,290
$5,143
2013$26,669 + $3,621
$30,290
$5,030
2012$26,669 + $3,621
$30,290
$4,987
2011$35,547 + $4,828
$40,375
$5,888
2010$38,397 + $4,828
$43,225
$6,244
2009$38,397 + $4,828
$43,225
$5,814
2007$39,283 + $1,877
$41,160
$4,547
2006$39,283 + $1,877
$41,160
$3,788

Listed 2024-06-10
$549,000
MRED
Sold 2021-09-08
$415,000
MRED
Sold 2001-09-21
$244,000
Public Record
Sold 1998-08-07
$213,500
Public Record
Sold 1995-04-24
$175,000
Public Record

Total Square Feet Living: 2500
Year Built: 1926
Foundation Details: Concrete Perimeter
Property Age: 98
Roof: Rubber
Levels or Stories: 6
Structure Type: Condo, Vintage

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water Source: Lake Michigan

Other Equipment: TV-Cable, Intercom, CO Detectors
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.