West Loop Gate 1000 W Adams St Unit 524 Chicago, IL 60607
West Loop Neighborhood
1
Bed
1
Bath
--
Sq Ft
$357/mo
HOA Fee
Highlights
- Wood Flooring
- Balcony
- Breakfast Bar
- Skinner Elementary School Rated A-
- Attached Garage
- 3-minute walk to Mary Bartelme Park
About This Home
As of September 2023Outstanding West Loop 1bed/1bath in popular full amenity building*Sunny west-facing corner-unit boasts hardwd flrs, high ceilings, fully applncd kitchn w/oak cabinets opens to dining area and cozy living rm w/sliding glass drs out to balcony*In-unit w/d*Bedrm w/dbl clst & windw*Oversized ceramic bath*Exercise rm*bus centr*24/7 doorstaff*cleaners*storage*bike rm*rooftop deck*INCLUDES indoor heated garage pk
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,260
Year Built
- 2001
HOA Fees
- $357 per month
Parking
- Attached Garage
- Heated Garage
- Parking Included in Price
- Garage Is Owned
Home Design
- Slab Foundation
- Asphalt Rolled Roof
- Concrete Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Storage
- Wood Flooring
- Door Monitored By TV
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- North or South Exposure
Community Details
- Pets Allowed
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
1,345 Total Sales
-
Kelly Klaff
K
Seller's Agent in 2014
Kelly Klaff
RE/MAX 10
(708) 250-2455
129 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: MRD08594015
APN: 17-17-211-027-1078
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