NOT LISTED FOR SALE

1243 S Wabash Ave Unit 605 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $408,000 - $453,000

2 Beds
2 Baths
1,300 Sq Ft
$461/mo HOA Fee

Last Sold May 10, 2024

Last sale price $450,000 $346 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,325/month

16 Days on Market

Highlights

  • Open Floorplan
  • 2-minute walk to Roosevelt Station (Green, Orange Lines)
  • Beamed Ceilings
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 5-minute walk to Daniel Webster Park

About This Home

As of May 2024

Rarely Available! Penthouse Top Floor Corner Unit True Timber Loft with views of Lake Michigan and Grant Park! This amazing 2 bed / 2 bath loft features dramatic 18-ft ceilings, updated kitchen with Quartzite Countertops and bathrooms, stainless steel appliances, In unit washer and dryer big enough to walk into, and hardwood floors throughout. The primary bathroom was rehabbed March 2024 and 3 nice size closest, Furnace and Water Heater bought May 2022, lots of closet space and gas fireplace along with a storage locker located on the second floor. Included in the price is one prime heated garage parking space #12 and the balcony was painted in 2022. Located in the popular South Loop location right off Michigan Ave; steps to Grant Park, Lake Michigan, public transportation, Red/Orange Line, Shops, Trader Joe's, Jewel + Mariano's, Restaurants, Roosevelt and Wabash St., Expressways, Lake Shore Drive, Museum Campus and Roosevelt Collection. Please have your agent see the private remarks for more information.

Last Agent to Sell the Property

Victoria Waliczek

Coldwell Banker Realty License #475175495 Listed on: 03/25/2024

Coldwell Banker Realty

Last Buyer's Agent

Alex Wolking

Keller Williams ONEChicago License #471020787

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,634

Year Built

  • Built in 1999 | Remodeled in 2024

Lot Details

  • 8,102

HOA Fees

  • $461 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 26 Units
  • Nicholas Jadrich Association, Phone Number (312) 329-8874
  • Property managed by GNP Realty
  • 6-Story Property

Amenities

  • Lobby
  • Community Storage Space
  • Elevator

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,634

Year Built

Built in 1999 | Remodeled in 2024

Lot Details

0

HOA Fees

$461 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Beamed Ceilings, Open Floorplan, Lobby
  • LivingArea: 1300
  • Other Equipment: Humidifier, TV-Dish, Security System, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 6
  • 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: Plans

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • 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, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 461
  • Association Amenities: Elevator(s), Storage, Ceiling Fan
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty
  • Management Contact Name: Nicholas Jadrich
  • Management Phone: 312-329-8874
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

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

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: 7633.62
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 9, 2024
Sold by
Johnson Craig K and Kerth-Johnson Michelle M
Bought by
Stone Erie D and Stone Carl A
Seller's Agent
Victoria Waliczek
Coldwell Banker Realty
Buyer's Agent
Alex Wolking
Keller Williams ONEChicago
List Price
$448,000
Sold Price
$450,000
Premium/Discount to List
$2,000
0.45%
Views
70
Current Estimated Value
$425,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,097
Avg. Annual Appreciation
-3.67%
Original Mortgage
$382,500
Outstanding Balance
$378,173
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$47,730

Purchase Details

Listed on
Jan 18, 2022
Closed on
May 12, 2022
Sold by
Ender Family Trust and Ender Fred William
Bought by
Johnson Craig K and Kerth-Johnson Michelle M
Seller's Agent
Tom Pavljasevic
Coldwell Banker Realty
Buyer's Agent
Victoria Waliczek
Coldwell Banker Realty
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
Feb 24, 2017
Sold by
Samko Adam
Bought by
Ender Fred William and Ender Deanna Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2005
Sold by
Kniazewski George and Kniazewski Lucyna
Bought by
Samko Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1999
Sold by
Continental Community Bank & Trust Co
Bought by
Kniazewska Jerzy and Kniazewski Lucyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.69%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Stone Erie D $450,000 Fidelity National Title
Johnson Craig K $415,000 None Listed On Document
Ender Fred William $397,000 Greater Illinois Title
Samko Adam $315,000 Attorneys Title Guaranty Fun
Kniazewska Jerzy $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Erie D $382,500
Previous Owner Ender Fred William $301,500
Previous Owner Samko Adam $215,000
Previous Owner Kniazewska Jerzy $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $450,000 +0.4% $346 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $448,000 +8.0% $345 / Sq Ft
05/13/2022 05/13/22 Sold $415,000 -3.5% $319 / Sq Ft View Prior Sale
05/08/2022 05/08/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $429,900 0.0% $331 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/07/2022 03/07/22 Price Changed $429,900 -5.5% $331 / Sq Ft
01/18/2022 01/18/22 For Sale $455,000 -- $350 / 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 $7,620 $39,142 $5,485 $33,657
2023 $7,427 $36,000 $4,485 $31,515
2022 $7,427 $36,000 $4,485 $31,515
2021 $7,261 $35,999 $4,485 $31,514
2020 $7,751 $34,794 $3,625 $31,169
2019 $7,612 $37,886 $3,625 $34,261
2018 $7,484 $37,886 $3,625 $34,261
2017 $7,029 $32,650 $2,994 $29,656
2016 $6,539 $32,650 $2,994 $29,656
2015 $5,983 $32,650 $2,994 $29,656
2014 $4,965 $26,760 $2,679 $24,081
2013 $4,867 $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: 12012428

Midwest Real Estate Data (MRED)

APN: 17-22-101-038-1022