Seller's Agent in 2024
Alex Susma
SMain Street Real Estate Group
(815) 404-3079
2 in this area
125 Total Sales
1111 S State St Unit 701 Chicago, IL 60605
South Loop NeighborhoodEstimated Value: $368,000
3
Beds
2
Baths
1,750
Sq Ft
$1,414/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- Property is near a forest
- Penthouse
- Lock-and-Leave Community
- 4-minute walk to Dearborn Park
About This Home
As of June 2024**SUNDAY 4/21/24 OpenHouse Canceled** Offer Received, Bright and spacious corner penthouse, located in a boutique elevator building in the South Loop. Huge tandem parking spot can accommodate two SUVs with ease. Spacious floor plan with high ceilings throughout. This condo offers a rare 63' long terrace, roughly 500 sq ft, which is overlooking the private 4th floor inground pool/courtyard/gardens, along with great city views! Open living/dining area is wonderful for entertaining and hosting large dinners with family and friends. Chefs' kitchen offers stainless steel appliances, granite countertops, and 42" cabinets, making it an ideal kitchen for prep work and entertaining. Well organized laundry room is a bonus for city living. Second and third spacious bedrooms offer versatility, and the queen size Murphy Bed is the icing on the cake for an at home office that can accommodate any overnight guests. The primary suite has it all! A must-have and well-organized walk-in closet, the large bathroom with a soaking tub, separate shower and double vanity sink, and not to mention access to the outdoor terrace really elevates the elegance of this condo. The 4th floor amenities that include an in-ground pool, dog run, beautiful landscaping, communal garden and seating area really make this a one-of-a-kind building with its own relaxing getaway. With FFC on the ground floor, you have private access to and from the gym from within the building. "State Place" is a full amenity building/complex including 24-hour door staff, pool, professionally landscaped common areas with access to herb gardens, dog run, 4th floor party room and hotel like guest suite for visitors to stay overnight. Brand new mechanicals (Furnace, AC and Humidifier) installed, and freshly painted. Ease of transportation within steps to the CTA Green, Orange and Red Lines, and minutes to the expressway and LSD along with Jewel, Trader Joe's, Mariano's, restaurants and not to mention Michigan Avenue and Millennium Park, the location could not be more ideal! Rentals must be 6+ month leases, no rental cap, currently 14% rented. Tandem parking is an additional 35k and must be purchased with unit.
Last Agent to Sell the Property
Main Street Real Estate Group License #475173175 Listed on: 04/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,567
Year Built
- Built in 2005
Lot Details
- End Unit
- Additional Parcels
HOA Fees
- $1,414 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Tandem Garage
- Garage Door Opener
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Penthouse
- Brick Exterior Construction
Interior Spaces
- 1,750 Sq Ft Home
- Ceiling height of 10 feet or more
- Attached Fireplace Door
- Gas Log Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
- Door Monitored By TV
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Balcony
- Patio
- Terrace
- Outdoor Grill
Location
- Property is near a forest
Schools
- South Loop Elementary School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, security, doorman, tv/cable, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 273 Units
- Marisol Guerrero, Mba, Cmca 312 Association, Phone Number (312) 386-1041
- Mid-Rise Condominium
- Property managed by Community Specialists
- Lock-and-Leave Community
- 7-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Common Area
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
- Elevator
Recreation
- Community Pool
- Bike Trail
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2020
Closed on
Feb 25, 2020
Sold by
Vanliere Valerie M
Bought by
Wiest Kathleen and Romberg Scott
Seller's Agent
Jim LaHa
Jameson Sotheby's International Realty
Buyer's Agent
Benjamin Lissner
Baird & Warner
List Price
$539,900
Sold Price
$550,000
Premium/Discount to List
$10,100
1.87%
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
-$182,000
Avg. Annual Appreciation
-7.15%
Purchase Details
Listed on
Feb 8, 2015
Closed on
May 1, 2015
Sold by
Quinn Thomas P and Quinn Angela K
Bought by
Vanliere Valerie Marie
Seller's Agent
William Wenthen
WDW Properties
Buyer's Agent
John Guilfoyle
HomeSmart Realty Group
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$428,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wiest Kathleen | $550,000 | Chicago Title | |
| Vanliere Valerie Marie | $535,000 | Ravenswood Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daugherty Levi | $449,550 | |
| Previous Owner | Vanliere Valerie Marie | $428,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2024 06/11/24 | Sold | $555,000 | +5.7% | $317 / Sq Ft |
| 04/20/2024 04/20/24 | Pending | -- | -- | -- |
| 04/15/2024 04/15/24 | For Sale | $525,000 | -4.5% | $300 / Sq Ft |
| 03/06/2020 03/06/20 | Sold | $550,000 | +1.9% | $314 / Sq Ft |
| 02/07/2020 02/07/20 | Pending | -- | -- | -- |
| 01/30/2020 01/30/20 | For Sale | $539,900 | +0.9% | $309 / Sq Ft |
| 05/01/2015 05/01/15 | Sold | $535,000 | +3.1% | $306 / Sq Ft |
| 03/27/2015 03/27/15 | Pending | -- | -- | -- |
| 03/13/2015 03/13/15 | Price Changed | $519,000 | -5.5% | $297 / Sq Ft |
| 02/08/2015 02/08/15 | For Sale | $549,000 | -- | $314 / Sq Ft |
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 | $955 | $4,296 | $839 | $3,457 |
| 2023 | $931 | $4,524 | $676 | $3,848 |
| 2022 | $931 | $4,524 | $676 | $3,848 |
| 2021 | $910 | $4,524 | $676 | $3,848 |
| 2020 | $879 | $3,944 | $612 | $3,332 |
| 2019 | $863 | $4,296 | $612 | $3,684 |
| 2018 | $849 | $4,296 | $612 | $3,684 |
| 2017 | $768 | $3,568 | $507 | $3,061 |
| 2016 | $715 | $3,568 | $507 | $3,061 |
| 2015 | $654 | $3,568 | $507 | $3,061 |
| 2014 | $552 | $2,975 | $466 | $2,509 |
| 2013 | $541 | $2,975 | $466 | $2,509 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Amy Morro
Baird Warner
(773) 318-9550
1 in this area
24 Total Sales
-
Seller's Agent in 2020
Jim LaHa
Jameson Sotheby's International Realty
(708) 935-9858
1 in this area
112 Total Sales
-
Buyer's Agent in 2020
Benjamin Lissner
Baird & Warner
(312) 401-9176
46 in this area
313 Total Sales
-
Seller's Agent in 2015
William Wenthen
WDW Properties
(312) 343-6035
2 in this area
17 Total Sales
-
Buyer's Agent in 2015
John Guilfoyle
HomeSmart Realty Group
(630) 234-1334
27 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12029146
APN: 17-15-308-039-1292
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