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1215 E Madison Park Ave Unit 3
Condo
New
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$695,000

$302/sqft

1215 E Madison Park Ave Unit 3, Chicago

41% below median
4 bd·3 ba·2,300 sqft
Built 1920Kenwood

1215 E Madison Park Ave Unit 3, Chicago, IL

4 bd · 3 ba · 2,300 sqft Condo listed at $695,000, built in 1920 in the Kenwood neighborhood.

About this home

This very special 8-flat building, located in highly desirable, private Madison Park was completely renovated 15 years ago with all new plumbing, electrical, and HVAC systems throughout. The resulting condominium apartments are beautifully laid out and offer an unbeatable combination of move-in condition, modern style, and one-of-a-kind location. Outstanding features include an open floor plan with amazing park views, bamboo flooring throughout, individually controlled heat and a/c systems, granite counter tops, Grohe faucets, Jenn Air duel fuel stove, in-unit laundry, and exquisite finishes. Strong, well-run homeowners association association with low monthly fees and taxes. Sticker parking for Madison Park is $440 annually.

Property details

Price
$695,000
Bedrooms
4
Bathrooms
3
Interior
2,300 sqft
Price / sqft
$302
Year built
1920
Type
Condo
Days on market
12
Est. property tax
$14,456/yr · $1,205/mo · 2.08% IL avg
HOA
$642/mo
Last sold
$565,000 · Aug 2022

Estimated monthly payment

Down payment20% ($139,000)
Interest rate6.75%
Principal & Interest$3,606
Property Tax$637
Insurance$150
Total$4,393/mo

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Price history

$764K$349K$-66K$551K on Aug 07 (Sold)$560K on Jun 10 (Initial list)$549K on Aug 10 (Price change)$3K on Aug 10 (Price change)$3K on Aug 10 (Price change)$529K on Sep 10 (Price change)$499K on Oct 10 (Price change)$3K on Dec 10 (Price change)$499K on Dec 10 (Price change)$475K on Jul 11 (Sold)$550K on Feb 17 (Initial list)$529K on Aug 17 (Initial list)$550K on Aug 17 (Price change)$529K on Aug 17 (Price change)$529K on Sep 17 (Relisted)$505K on Apr 18 (Sold)$570K on May 22 (Initial list)$565K on Jul 22 (Sold)$565K on Aug 22 (Sold)$695K on Apr 26 (Initial list)
$551K · Aug 07$695K · Apr 26
  1. Apr 14, 2026$695,000Initial list price
  2. Aug 22, 2022$565,000Sold
  3. Jul 8, 2022$565,000Sold
  4. May 27, 2022$569,900Initial list price
  5. Apr 27, 2018$505,000Sold
  6. Sep 17, 2017$529,000Relisted
  7. Aug 27, 2017$529,000Price change
  8. Aug 10, 2017$550,000Price change
  9. Aug 10, 2017$529,000Initial list price
  10. Feb 11, 2017$550,000Initial list price
  11. Jul 27, 2011$475,000Sold
  12. Dec 23, 2010$499,000Price change
  13. Dec 7, 2010$3,000Price change
  14. Oct 25, 2010$499,000Price change
  15. Sep 7, 2010$529,000Price change
  16. Aug 23, 2010$2,800Price change
  17. Aug 9, 2010$3,000Price change
  18. Aug 4, 2010$549,000Price change
  19. Jun 29, 2010$560,000Initial list price
  20. Aug 29, 2007$551,000Sold

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 60615)

This neighborhood is primarily renter-occupied (31% owner-occupied). Median age is 34.7; 25% hold a bachelor's degree; median household income is $56,518.

Median income
$56,518
Median age
34.7
Owner-occupied
31.4%
Bachelor's degree
25.3%
Census median home value
$306,400

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

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