NOT LISTED FOR SALE

The Columbian 1160 S Michigan Ave Unit 4001 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $1,251,000 - $1,440,980

3 Beds
3.5 Baths
3,690 Sq Ft
$2,262/mo HOA Fee

Last Sold March 09, 2023

Last sale price $1,450,000 $393 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $12,067/month

28 Days on Market

Highlights

  • Doorman
  • 2-minute walk to Roosevelt Station (Green, Orange Lines)
  • Lock-and-Leave Community
  • Fitness Center
  • Open Floorplan
  • 5-minute walk to Roosevelt Park

About This Home

As of March 2023

Just updated with high-end finishes, this stunning, spacious, extra-large 3690 square foot, 3 bedroom/3.5 bathroom condo in The Columbian is a South Loop gem right on Michigan Ave. and directly across from Grant Park. The unit spans the width of the building with North, South, and East exposures and spectacular views of the city, parks, Lake Michigan, Buckingham Fountain, Navy Pier, Museum Campus, and so much more. There are 4 private outdoor spaces in every direction! The enormous, grand living & dining area can easily accommodate 3-4 individual spaces, including a formal living room, a family room, and a large dining room. The custom, gourmet kitchen with its own charming breakfast nook and countertop seating, is equipped with top-of-the-line, stainless steel appliances, which include Wolf stovetop & oven, a Bosch dishwasher, and a Sub-Zero refrigerator. Every bedroom suite has a private bathroom. A very large primary bedroom suite has its own private balcony facing north with sightlines to the east and west as well, and it features two large walk-in closets and a big bathroom with a double sink vanity, a deep soaking tub, and a separate shower. The second bedroom has a coveted northeast corner location. The primary and second bedrooms have additional sitting/studying nooks. The unit also offers hardwood floors, a powder room, a big laundry room with side-by-side appliances and additional storage space, ample closet and storage space throughout, and floor to ceiling windows that bring with them lots of light, views in every direction, and privacy. You'll have a front row seat to the weekly summer fireworks at Navy Pier from the comfort of your living room or bedroom. Two parking spaces, P217 & P218, in the on-site garage are included! The Columbian is a full amenity building; it has fitness room with lake and city views, sundeck, event room, business center, bike storage, additional storage, on-site management, 24-hour security & maintenance staff. The Columbian is very conveniently located within walking distance of Michigan Avenue's famous Cultural Mile and Magnificent Mile and steps away from museums, parks, Lake Michigan with its walking and biking paths, Symphony Hall, the theater district, shopping, restaurants, entertainment, public transportation, and more!

Last Agent to Sell the Property

Sherine Azzam

Baird & Warner License #475146440 Listed on: 01/11/2023

Baird & Warner

Last Buyer's Agent

Iris Kohl

Compass License #475183809

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,764

Year Built

  • Built in 2007

Lot Details

  • Additional Parcels

HOA Fees

  • $2,262 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,690 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 221 Units
  • Selvie Jaos Association, Phone Number (312) 341-0300
  • The Columbian Subdivision
  • Property managed by Sudler Property Management
  • Lock-and-Leave Community
  • 46-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Business Center
  • Party Room
  • Elevator
  • Service Elevator

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,764

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,262 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Columbian
  • Year Built: 2007
  • 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: 40
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 46

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Gas Cooktop, Range Hood
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Some Carpeting, Some Window Treatmnt, Some Wall-To-Wall Cp
  • LivingArea: 3690
  • Room Type: Eating Area
  • Stories Total: 46
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • List Price: 1699000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 2262
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Security Door Lock(s), Service Elevator(s), Business Center, Elevator(s), Security
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Property Management
  • Management Contact Name: Selvie Jaos
  • Management Phone: 312-341-0300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 30763.81
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 28, 2023
Sold by
Clark Gregory F and Clark Bonnie K
Bought by
Addison A Braendel Revocable Trust
Seller's Agent
Sherine Azzam
Baird & Warner
Buyer's Agent
Iris Kohl
Compass
List Price
$1,699,000
Sold Price
$1,450,000
Premium/Discount to List
-$249,000
-14.66%
Views
16
Current Estimated Value
$1,324,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,673
Avg. Annual Appreciation
-2.14%

Purchase Details

Listed on
Jun 17, 2013
Closed on
Sep 30, 2013
Sold by
Gfii The Columbian Owners Llc
Bought by
Clark Gregory F and Clark Bonnie K
Seller's Agent
Garrison Benson
Garrison Benson
Buyer's Agent
Jonathan Kramer
@properties Christie's International Real Estate
List Price
$1,390,000
Sold Price
$1,325,000
Premium/Discount to List
-$65,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$999,900
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Addison A Braendel Revocable Trust $1,450,000 Chicago Title
Clark Gregory F $1,325,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Gregory F $999,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $1,450,000 -14.7% $393 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $1,699,000 +28.2% $460 / Sq Ft
09/30/2013 09/30/13 Sold $1,325,000 -4.7% $359 / Sq Ft
08/25/2013 08/25/13 For Sale $1,390,000 +4.9% $377 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/30/2013 07/30/13 Off Market $1,325,000 -- --
06/17/2013 06/17/13 For Sale $1,390,000 -- $377 / 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 $29,875 $140,066 $3,834 $136,232
2023 $29,584 $141,595 $3,086 $138,509
2022 $29,584 $143,836 $3,086 $140,750
2021 $28,924 $143,835 $3,086 $140,749
2020 $28,565 $128,228 $2,800 $125,428
2019 $28,061 $139,666 $2,800 $136,866
2018 $27,589 $139,666 $2,800 $136,866
2017 $25,952 $120,557 $2,317 $118,240
2016 $24,146 $120,557 $2,317 $118,240
2015 $22,092 $120,557 $2,317 $118,240
2014 $19,898 $107,244 $2,099 $105,145
2013 $4,844 $26,634 $2,134 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11699308

Midwest Real Estate Data (MRED)

APN: 17-15-309-041-1433