NOT LISTED FOR SALE

1111 S State St Unit 701 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $403,000 - $546,000

3 Beds
2 Baths
1,750 Sq Ft
80,630 Sq Ft Lot

Sale Details

Date Sold: June 11, 2024

Last sale price $555,000 $317 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,148 / mo

4 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Roosevelt Station (Green, Orange Lines)
  • Lock-and-Leave Community
  • South Loop Elementary School Rated 9+
  • Penthouse
  • 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

Alex Susma

Fulton Grace Realty License #475173175 Listed on: 04/15/2024

Fulton Grace Realty

Last Buyer's Agent

Amy Morro

Baird & Warner License #475112391

Baird & Warner

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 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 Community
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,567

Year Built

Built in 2005

Lot Details

1.85 Acres

HOA Fees

$1,414 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories),Penthouse
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 701
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 10 Foot
  • LivingArea: 1750
  • Room Type: Terrace
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Outdoor Grill, End Unit, Door Monitored By TV
  • Lot Features: Common Grounds, Corner Lot, Forest Preserve Adjacent
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),Tandem
  • 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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1414
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, In Ground Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Marisol Guerrero, MBA, CMCA 312
  • Management Phone: 312-386-1041
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Doorman, TV/Cable, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: South Loop Elementary School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 9566.62
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jun 5, 2024
Sold by
Wiest Kathleen and Romberg Scott
Bought by
Daugherty Levi and Daugherty Alyssa
Seller's Agent
Alex Susma
Fulton Grace Realty
Buyer's Agent
Amy Morro
Baird & Warner
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%
Views
114
Current Estimated Value
$497,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,779
Avg. Annual Appreciation
-5.80%
Original Mortgage
$449,550
Outstanding Balance
$441,888
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
$55,333

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%

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

Purchase Details

Closed on
Mar 28, 2005
Sold by
State Street Associates Llc
Bought by
Douville J Peter and Korcal Denice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Daugherty Levi $555,000 Old Republic Title
Daugherty Levi $555,000 Old Republic Title
Wiest Kathleen $550,000 Chicago Title
Vanliere Valerie Marie $535,000 Ravenswood Title Company Llc
Douville J Peter $546,500 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daugherty Levi $449,550
Closed Daugherty Levi $449,550
Previous Owner Vanliere Valerie Marie $428,000
Previous Owner Douville J Peter $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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
2025 $955 $4,296 $839 $3,457
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12029146

Midwest Real Estate Data (MRED)

APN: 17-15-308-039-1229

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