$412,500
SOLD MAY 30, 2025

1243 S Wabash Ave Unit 304 Chicago, IL 60605

South Loop Neighborhood
2 Beds
2 Baths
1,500 Sq Ft
$442/mo HOA Fee

Recently Sold

$275 Per Sq Ft

3% Above List Price

130 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Roosevelt Station (Green, Orange Lines)
  • Laundry Room
  • South Loop Elementary School Rated 9+
  • Resident Manager or Management On Site
  • 5-minute walk to Daniel Webster Park

About This Home

As of May 2025

Timber Loft with Exposed Brick & Private Balcony. Step into this expansive urban loft that blends industrial charm with modern upgrades! With over 1,500 square feet of open living space, this home features exposed brick walls, soaring wood-beamed ceilings, and solid oak floors throughout. The bedrooms boast brand new carpeting, adding a cozy touch to the sleek design. The primary bedroom is impressively large, offering three separate closets, including a huge walk-in, and an ensuite bathroom with newly installed quartz countertops and updated bathroom accessories. The guest bedroom is equally spacious, featuring a large reach-in closet and enough room for a King or Queen bed, plus an office area. The open-concept living area provides ample space for a living room, dining area, and kitchen, which comes equipped with stainless steel appliances, 42" cabinets, and new quartz countertops with a matching backsplash. Step out onto your private balcony, perfect for enjoying a glass of wine or grilling with friends, complete with new composite decking. Private garage parking spot available for $30k

Last Agent to Sell the Property

Timothy Rhoten

Red Carpet Investment Group In License #471007578 Listed on: 11/02/2024

Co-Listed By

Irina Bugatova

Red Carpet Investment Group In License #475190051

Last Buyer's Agent

Timothy Rhoten

Red Carpet Investment Group In License #471007578 Listed on: 11/02/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,130

Year Built

  • Built in 1919 | Remodeled in 2024

Lot Details

  • Additional Parcels

HOA Fees

  • $442 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Doors swing in
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Entry Slope Less Than 1 Foot
  • Low Pile Carpeting

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, snow removal
  • 24 Units
  • Nick Association, Phone Number (312) 329-8400
  • Mid-Rise Condominium
  • Property managed by GNP
  • 6-Story Property

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,130

Year Built

Built in 1919 | Remodeled in 2024

Lot Details

0

HOA Fees

$442 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, Swing In Door(s), Entry Slope less than 1 foot, Low Pile Carpeting, Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 442
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP
  • Management Contact Name: Nick
  • Management Phone: 312-329-8400

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Special Assessments: U

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: 7130.08
  • Tax Year: 2023

Multi Family

  • Units in Building: 24

Matterport 3D Tour

Floorplan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2024
Closed on
May 29, 2025
Sold by
Huereque Michael J
Bought by
Choi Joyce
Seller's Agent
Timothy Rhoten
Red Carpet Investment Group In
Buyer's Agent
Timothy Rhoten
Red Carpet Investment Group In
List Price
$399,900
Sold Price
$412,500
Premium/Discount to List
$12,600
3.15%
Views
20366
Current Estimated Value
$425,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,418
Avg. Annual Appreciation
5.78%
Original Mortgage
$330,000
Outstanding Balance
$329,164
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$96,754

Purchase Details

Listed on
Dec 3, 2022
Closed on
Jan 31, 2023
Sold by
Cecilia Torres Vangetson Revocable Trust
Bought by
Huereque Michael J
Seller's Agent
Amalia Romano
Coldwell Banker Realty
Buyer's Agent
Benjamin Lissner
Baird & Warner
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$312,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 17, 2019
Sold by
Vangetson Aaron and Vangetson Cecilia Torres
Bought by
Vangetson Cecillia Torres and Cecilia Torres Vangetson Revocbable Tr
Seller's Agent
Michelle Shang
Coldwell Banker Realty
Buyer's Agent
Angelique Warner
Real People Realty
Sold Price
$2,350

Purchase Details

Closed on
Nov 14, 2003
Sold by
Polk Lee G and Polk Allison M
Bought by
Vangetson Aaron and Torres Cecilia

Purchase Details

Closed on
Jan 21, 2000
Sold by
Continental Community Bank & Trust Co
Bought by
Polk Lee G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 Type Sale Price Title Company
Warranty Deed $412,500 Chicago Title
Deed $390,000 Chicago Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $325,000 Chicago Title Insurance Comp
Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Previous Owner $312,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $412,500 +3.2% $275 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $399,900 0.0% $267 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
11/02/2024 11/02/24 For Sale $399,900 0.0% $267 / Sq Ft
04/25/2023 04/25/23 Rented $3,250 0.0% --
04/25/2023 04/25/23 For Rent $3,250 0.0% --
03/28/2023 03/28/23 Off Market $3,250 -- --
02/25/2023 02/25/23 For Rent $3,250 0.0% --
02/02/2023 02/02/23 Sold $390,000 -4.9% $252 / Sq Ft View Prior Sale
01/05/2023 01/05/23 Pending -- -- --
12/03/2022 12/03/22 For Sale $410,000 0.0% $265 / Sq Ft
11/07/2019 11/07/19 Rented $2,350 +6.8% --
11/03/2019 11/03/19 Price Changed $2,200 -4.3% $1 / Sq Ft
10/03/2019 10/03/19 For Rent $2,300 -- --
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 $6,919 $39,142 $5,485 $33,657
2023 $6,722 $36,000 $4,485 $31,515
2022 $6,722 $36,000 $4,485 $31,515
2021 $6,589 $35,999 $4,485 $31,514
2020 $7,060 $34,794 $3,625 $31,169
2019 $6,923 $37,886 $3,625 $34,261
2018 $6,805 $37,886 $3,625 $34,261
2017 $6,302 $32,650 $2,994 $29,656
2016 $6,039 $32,650 $2,994 $29,656
2015 $5,502 $32,650 $2,994 $29,656
2014 $4,488 $26,760 $2,679 $24,081
2013 $4,389 $26,760 $2,679 $24,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12202319

Midwest Real Estate Data (MRED)

APN: 17-22-101-038-1006