NOT LISTED FOR SALE

Estimated Value: $340,851 - $449,000

2 Beds
2 Baths
1,047 Sq Ft
$720/mo HOA Fee

Last Sold February 28, 2024

Last sale price $386,000 $369 Per Sq Ft

Current estimated payment $3,270/month

8 Days on Market

Highlights

  • Elevator
  • 4-minute walk to Harrison Station
  • Balcony
  • South Loop Elementary School Rated 9+
  • Stainless Steel Appliances
  • 3-minute walk to Dearborn Park

About This Home

As of February 2024

Rarely available, this revered CORNER unit at One Place is being sold by its original owners, and is in turn-key condition! Lovingly maintained as a second home, this 2BR/2BA condo is in exceptional condition and has been gently used. Step off the newly updated elevators into this bright and inviting home with floor-to-ceiling windows in every room. The open concept living/dining/kitchen, coupled with the corner windows, makes for beautiful views from every angle! The unit's split floor plan offers maximum privacy for both bedrooms AND their private en-suite bathrooms. The kitchen features stainless steel appliances, granite countertops, soft-close cabinet doors and drawers, and is one of the rare units in the building where the kitchen has a center island - an upgrade for the time of construction - which now serves as a great place for storage and bar seating. The living room is perfectly situated in the corner of the unit with views to the north and west. Just off the kitchen and main living spaces is a balcony with exceptional views, making it a nice place to start one's day with a cup of coffee. The primary bedroom suite has two closets with custom shelving and a spacious primary bathroom. Bedroom 2 faces north and has a comfortably sized full bath of its own. In-unit laundry, hardwood floors throughout the main living spaces, and fresh carpet in the bedrooms are just some of the other features that make this place easy to move into. One deeded garage parking space is sold separately ($25,000) and is on the same level as the unit! How cool (and convenient) is that? Oh, and so is your designated storage locker! The building features a secured remote entry system and also has access to XSport Fitness, which offers a discounted membership rate to residents. The building is investor-friendly with no rental cap or restrictions (other than AirBnBs are not allowed). The location is superb-close to the Loop, Columbia College/DePaul & Roosevelt Universities, Trader Joe's, Jewel, coffee shops, Eleven City Diner, and all the best museums, restaurants, nightlife, and entertainment the South Loop and Printer's Row have to offer. Just around the corner is the Harrison Red Line Station and Grant Park. Get to I-90/94, 55, and 290 in minutes. Enjoy great city living and lifestyle with the added benefit of space. Furniture is negotiable, and the unit can be sold completely furnished!

Last Agent to Sell the Property

Alex Wolking

Keller Williams ONEChicago License #471020787 Listed on: 01/19/2024

Keller Williams ONEChicago

Last Buyer's Agent

Bleu Randall

Compass License #475143860

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,393

Year Built

  • Built in 2006

Lot Details

  • 0.84

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Deeded Parking Sold Separately

Interior Spaces

  • 1,047 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, tv/cable, clubhouse, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 91 Units
  • Jolita Ortiz Association, Phone Number (312) 564-5918
  • High-Rise Condominium
  • Property managed by The Building Group
  • 10-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,393

Year Built

Built in 2006

Lot Details

0

HOA Fees

$720 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 9
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1047
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 1047
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1047
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • OtherStructures: None
  • Waterfront: No
  • Exterior Building Type: Brick,Glass

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 720
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Jolita Ortiz
  • Management Phone: 312-564-5918
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, TV/Cable, Clubhouse, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 6392.84
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 22, 2024
Sold by
Rengarajan Family Wealth Trust
Bought by
Mandej Maxim and Manternach Sophia
Seller's Agent
Alex Wolking
Keller Williams ONEChicago
Buyer's Agent
Bleu Randall
Compass
List Price
$375,000
Sold Price
$386,000
Premium/Discount to List
$11,000
2.93%
Views
42
Current Estimated Value
$385,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287
Avg. Annual Appreciation
-0.04%
Original Mortgage
$347,400
Outstanding Balance
$341,378
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$44,335

Purchase Details

Closed on
Jun 17, 2015
Sold by
Rengarajan Bala and Rengarajan Meenalochani
Bought by
Rengarajan Family Wealth Trust

Purchase Details

Closed on
Mar 11, 2009
Sold by
One Place Condominium Llc
Bought by
Rengarajan Bala and Rengarajan Meenacochani
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mandej Maxim $386,000 Altima Title
Rengarajan Family Wealth Trust -- Attorney
Rengarajan Bala $345,000 Freedom Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandej Maxim $347,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $386,000 +2.9% $369 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $375,000 -- $358 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,347 $35,257 $9,109 $26,148
2023 $6,187 $30,082 $7,342 $22,740
2022 $6,187 $30,082 $7,342 $22,740
2021 $6,049 $30,081 $7,342 $22,739
2020 $6,999 $31,419 $6,654 $24,765
2019 $6,874 $34,216 $6,654 $27,562
2018 $6,759 $34,216 $6,654 $27,562
2017 $5,570 $25,873 $5,506 $20,367
2016 $5,182 $25,873 $5,506 $20,367
2015 $4,741 $25,873 $5,506 $20,367
2014 $5,065 $27,298 $2,730 $24,568
2013 $4,965 $27,298 $2,730 $24,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11964423

Midwest Real Estate Data (MRED)

APN: 17-15-304-060-1074