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1531 W Sherwin Ave Apt 1S
Condo
New
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$269,000

$224/sqft

1531 W Sherwin Ave Apt 1S, Chicago

77% below median
2 bd·2 ba·1,200 sqft
Built 1970Loyola

1531 W Sherwin Ave Apt 1S, Chicago, IL

2 bd · 2 ba · 1,200 sqft Condo listed at $269,000, built in 1970 in the Loyola neighborhood.

About this home

Discover this charming 2-bedroom, 2-bathroom condo offering the perfect blend of privacy, comfort, and accessibility. Located on the first floor with absolutely no stairs to navigate, this unit features a thoughtfully designed layout that separates the kitchen and dining areas from the spacious living room. Highlights of this home include - ultimate privacy as a dedicated hallway separates the living areas from the bedrooms. The master suite features its own private bathroom-a rare find in many condominiums-while the second bedroom has its own full bath, making it ideal for guests or a quiet home office. Another one is the cozy living feeling as you can relax in the inviting fireplace by the living room on chilly days. Large windows throughout fill the space with natural light, showcasing beautiful maple cabinets and white appliances in the kitchen. Convenience is also key in this unit as a stackable in-unit washer and dryer is located near the kitchen. Plus, additional storage is available in the basement, with an entrance conveniently located right outside your door. This gem is nestled in a lush, tree-lined residential neighborhood. You are just one block north of the vibrant Jarvis Square (cafes, restaurants, shops) and one block south of the Red Line. Minutes away from the lake, Loyola Park, dog parks, and bike paths. If driving is what pleases you, this unit comes with an assigned parking space. Perfectly situated between Loyola and Northwestern Universities. Investor and owner advantages include - lower property taxes and affordable assessments (heat is included in your monthly assessment) in an investor-friendly and pet-friendly building. Don't miss this rare opportunity to own a versatile, accessible "Gem" in the heart of the community whose diverse, lakefront vibe is an appeal to many.

Property details

Price
$269,000
Bedrooms
2
Bathrooms
2
Interior
1,200 sqft
Price / sqft
$224
Year built
1970
Type
Condo
Days on market
17
Est. property tax
$5,595/yr · $466/mo · 2.08% IL avg
HOA
$312/mo
Last sold
$161,000 · Jun 2018

Estimated monthly payment

Down payment20% ($53,800)
Interest rate6.75%
Principal & Interest$1,396
Property Tax$247
Insurance$150
Total$1,792/mo

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Price history

$296K$135K$-26K$189K on Sep 08 (Initial list)$189K on Dec 08 (Price change)$185K on Jan 10 (Initial list)$179K on May 10 (Price change)$179K on Jun 10 (Price change)$1K on Jun 13 (Price change)$1K on Jul 13 (Price change)$1K on Jun 14 (Price change)$1K on Jun 14 (Price change)$1K on Nov 16 (Price change)$1K on Dec 16 (Price change)$170K on Feb 18 (Initial list)$169K on Mar 18 (Initial list)$170K on Mar 18 (Price change)$169K on Mar 18 (Initial list)$169K on Mar 18 (Price change)$161K on May 18 (Sold)$2K on May 19 (Price change)$2K on Jul 19 (Price change)$2K on Aug 19 (Price change)$215K on Nov 21 (Initial list)$2K on Nov 21 (Price change)$214K on Nov 21 (Price change)$214K on Jan 22 (Price change)$2K on Feb 22 (Price change)$205K on Mar 22 (Price change)$2K on Mar 22 (Price change)$214K on Mar 22 (Price change)$225K on Feb 23 (Initial list)$224K on Apr 23 (Price change)$2K on May 23 (Price change)$224K on May 23 (Price change)$2K on May 23 (Price change)$269K on Apr 26 (Initial list)
$189K · Sep 08$269K · Apr 26
  1. Apr 8, 2026$269,000Initial list price
  2. May 26, 2023$1,900Price change
  3. May 10, 2023$224,000Price change
  4. May 2, 2023$1,900Price change
  5. Apr 2, 2023$224,000Price change
  6. Feb 23, 2023$225,000Initial list price
  7. Mar 29, 2022$214,000Price change
  8. Mar 29, 2022$1,700Price change
  9. Mar 29, 2022$205,000Price change
  10. Feb 2, 2022$1,700Price change
  11. Jan 30, 2022$214,000Price change
  12. Nov 27, 2021$214,000Price change
  13. Nov 27, 2021$1,700Price change
  14. Nov 12, 2021$215,000Initial list price
  15. Aug 17, 2019$1,550Price change
  16. Jul 5, 2019$1,550Price change
  17. May 6, 2019$1,600Price change
  18. May 30, 2018$161,000Sold
  19. Mar 23, 2018$168,900Price change
  20. Mar 23, 2018$168,900Initial list price
  21. Mar 14, 2018$169,900Price change
  22. Mar 14, 2018$168,900Initial list price
  23. Feb 14, 2018$169,900Initial list price
  24. Dec 7, 2016$1,395Price change
  25. Nov 11, 2016$1,395Price change
  26. Jun 19, 2014$1,350Price change
  27. Jun 7, 2014$1,350Price change
  28. Jul 11, 2013$1,250Price change
  29. Jun 10, 2013$1,300Price change
  30. Jun 3, 2010$178,900Price change
  31. May 30, 2010$178,900Price change
  32. Jan 22, 2010$184,900Initial list price
  33. Dec 31, 2008$188,900Price change
  34. Sep 3, 2008$188,900Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60626)

This neighborhood is primarily renter-occupied (29% owner-occupied). Median age is 35.7; 33% hold a bachelor's degree; median household income is $56,145.

Median income
$56,145
Median age
35.7
Owner-occupied
29.1%
Bachelor's degree
33.2%
Census median home value
$268,500

Source: US Census Bureau American Community Survey 5-year estimates.

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