West Loop Gate 1000 W Adams St Unit 524 Chicago, IL 60607
West Loop Neighborhood
1
Bed
1
Bath
1,000
Sq Ft
$453/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Business Center
- Skinner Elementary School Rated A-
- Wood Flooring
- 3-minute walk to Mary Bartelme Park
About This Home
As of September 20231000 W. Adams is a highly sought-after building in the heart of Chicago's sizzling-hot West Loop! Now is your opportunity to own a stylish western exposure condo with gorgeous sunsets in a high amenity building steps away from Mary Bartelme Park! This 1000 square foot spacious 1 bedroom / 1 bath, rarely available corner unit is flooded with sunlight and high ceilings. There are beautiful hardwood floors throughout the unit and foyer with brand-new carpeting in the large bedroom. The bedroom has plenty of closet space with a large window bringing in great light throughout the day. Freshly renovated kitchen with brand-new never been used Stainless Steel appliances. Brand New Quartz countertops with Brand New Sink and Faucet. Oak cabinets that open to a dining area and cozy living room with a gas fireplace. Floor-to-ceiling sliding glass doors that open to a private balcony with incredible daily sunsets & cityscape views. The unit has an oversized ceramic bath with a soaking tub as well as an in-unit washer and dryer (new in 2021). This full amenity building offers a rooftop deck with incredible skyline views, a courtyard, renovated business & fitness centers, full-service dry cleaners, a bike room, and an electric car charging station. The lobby is gorgeous with 24hr door staff at your service to greet your guests and offer additional security. The building is cleaned daily by a friendly maintenance team. HOA reserves are super healthy. The property is centrally located just blocks away from buzzing Fulton Market, all the trendy Randolph and Madison streets restaurants & bars, the United Center, Greek Town, Whole Foods, Target, Marianos, a Blue Line Halsted stop, and a Green/Pink Line Morgan/Lake stop. 1 Premium indoor heated garage parking spot and large storage unit is included in the price. Don't miss your opportunity to live in the heart of Chicago's hottest lively evolving neighborhood!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,635
Year Built
- Built in 1998
HOA Fees
- $453 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Storage
- Door Monitored By TV
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 150 Units
- Lori Crenshaw Association, Phone Number (312) 942-9836
- Property managed by First Community Mgmt
- 8-Story Property
Amenities
- Doorman
- Sundeck
- Business Center
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pets up to 40 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2023
Closed on
Sep 16, 2023
Sold by
Berg Michael H
Bought by
Igbinosun Osazuwamen
Seller's Agent
Kevin Eichhorn
Vylla Home
Buyer's Agent
Ben Lalez
Compass
List Price
$349,500
Sold Price
$342,000
Premium/Discount to List
-$7,500
-2.15%
Views
176
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,598
Avg. Annual Appreciation
5.12%
Original Mortgage
$335,805
Interest Rate
7.63%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 23, 2014
Closed on
Jun 22, 2014
Sold by
Szyperski Karen T and Paxton Douglas S
Bought by
Berg Michael H
Seller's Agent
Kelly Klaff
RE/MAX 10
Buyer's Agent
Jason Parke
Berkshire Hathaway HomeServices Chicago
List Price
$264,900
Sold Price
$258,000
Premium/Discount to List
-$6,900
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$245,100
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2009
Sold by
Szafraniec Robert S
Bought by
Szyperski Karen T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,900
Interest Rate
5.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 1, 2001
Sold by
West Adams Street Llc
Bought by
Szafraniec Robert S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
6.8%
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $342,000 | Chicago Title | |
| Warranty Deed | $258,000 | Multiple | |
| Warranty Deed | $241,000 | Chicago Title Insurance Co | |
| Warranty Deed | $174,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,792 | FHA | |
| Closed | $335,805 | FHA | |
| Previous Owner | $245,100 | New Conventional | |
| Previous Owner | $163,000 | New Conventional | |
| Previous Owner | $216,900 | Unknown | |
| Previous Owner | $80,000 | Credit Line Revolving | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $164,000 | Unknown | |
| Previous Owner | $164,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2023 09/26/23 | Sold | $342,000 | -2.1% | $342 / Sq Ft |
| 08/30/2023 08/30/23 | Pending | -- | -- | -- |
| 08/17/2023 08/17/23 | For Sale | $349,500 | +35.5% | $350 / Sq Ft |
| 06/27/2014 06/27/14 | Sold | $258,000 | -2.6% | -- |
| 05/11/2014 05/11/14 | Pending | -- | -- | -- |
| 04/23/2014 04/23/14 | For Sale | $264,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,260 | $33,434 | $1,362 | $32,072 |
| 2023 | $6,081 | $32,887 | $747 | $32,140 |
| 2022 | $6,081 | $32,887 | $747 | $32,140 |
| 2021 | $6,635 | $32,885 | $746 | $32,139 |
| 2020 | $6,040 | $27,024 | $746 | $26,278 |
| 2019 | $5,962 | $29,577 | $746 | $28,831 |
| 2018 | $5,861 | $29,577 | $746 | $28,831 |
| 2017 | $4,690 | $21,713 | $658 | $21,055 |
| 2016 | $4,349 | $21,713 | $658 | $21,055 |
| 2015 | $3,979 | $21,713 | $658 | $21,055 |
| 2014 | $3,054 | $16,462 | $559 | $15,903 |
| 2013 | $2,994 | $16,462 | $559 | $15,903 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Eichhorn
Seller's Agent in 2023
Kevin Eichhorn
Vylla Home
(312) 860-4343
1 in this area
3 Total Sales
-
Ben Lalez
Buyer's Agent in 2023
Ben Lalez
Compass
(312) 789-4054
42 in this area
1,348 Total Sales
-
Kelly Klaff
K
Seller's Agent in 2014
Kelly Klaff
RE/MAX 10
(708) 250-2455
130 Total Sales
-
Jason Parke
Buyer's Agent in 2014
Jason Parke
Berkshire Hathaway HomeServices Chicago
(312) 646-0550
9 Total Sales
About West Loop Gate
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11862412
APN: 17-17-211-027-1078
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