NOT LISTED FOR SALE

Estimated Value: $429,000 - $631,000

2 Beds
2 Baths
1,485 Sq Ft
$575/ mo HOA Fee

Last Sold March 23, 2023

Last sale price $535,000 $360 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,039/month

162 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Party Room
  • South Loop Elementary School Rated 9+
  • Community Pool
  • 1-minute walk to Daniel Webster Park

About This Home

As of March 2023

Gorgeous 2 bed/2 bath Loft style Condo + a Den located in the popular Museum Park neighborhood. This spacious condo features lovely hardwood floors throughout main living space, beautiful gas fireplace, 10' ceilings, and an abundance of natural light with spectacular views of the Lake and Museum campus. A professional grade kitchen with all stainless-steel appliances, cherry cabinets, granite countertops, and a breakfast bar that seats 4. Enjoy your morning cup of coffee or the fantastic Chicago summers on your large private balcony. Deeded, heated garage parking space sold separately ($35,000). Close to Lake, Loop, CTA, Soldier Field, Museums, Trader Joe's, Target, delicious cuisine and more! Make your appointment today to view this amazing property!

Last Agent to Sell the Property

Rich Perillo

Perillo Real Estate Group License #471020096 Listed on: 09/01/2022

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,168

Year Built

  • Built in 2002

Lot Details

  • 0.54

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,485 Sq Ft Home
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • South Loop Elementary School
  • Phillips Academy High School

Utilities

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

Additional Features

  • Additional Parcels

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 149 Units
  • Cherie Murphy Schmidt Association, Phone Number (312) 379-0400
  • High-Rise Condominium
  • Property managed by Forth Group
  • 12-Story Property

Amenities

  • Sundeck
  • Common Area
  • Party Room
  • Elevator

Recreation

  • Bike Trail

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

$10,168

Year Built

Built in 2002

Lot Details

0.54 Acres

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,High Rise (7+ Stories)
  • Year Built: 2002
  • 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): No
  • Unit Floor Level: 10
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • AttributionContact: (847) 331-2112
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 1485
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Den
  • Stories Total: 12
  • 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: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • OtherStructures: None
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • 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, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 575
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: Cherie Murphy-Schmidt
  • Management Phone: 312-379-0400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School: South Loop Elementary School

Lot Info

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

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10167.65
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Mar 20, 2023
Sold by
James T Murphy Trust
Bought by
Kumar Rajeev
Seller's Agent
Rich Perillo
Perillo Real Estate Group
Buyer's Agent
Non Member
NON MEMBER
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Views
9
Current Estimated Value
$508,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,734
Avg. Annual Appreciation
-1.70%
Original Mortgage
$428,000
Outstanding Balance
$413,419
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$94,847

Purchase Details

Closed on
May 9, 2013
Sold by
Murphy Jim and Murphy Kathryn E
Bought by
Murphy James T and Murphy Kathryn E

Purchase Details

Closed on
Sep 14, 2007
Sold by
Gillsple William C
Bought by
Murphy Jim and Murphy Kathryn E

Purchase Details

Closed on
Jul 16, 2004
Sold by
13Th Street Lofts Llc
Bought by
Gillispie William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,450
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kumar Rajeev $535,000 None Listed On Document
Murphy James T -- None Available
Murphy Jim $510,000 None Available
Gillispie William C $450,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Rajeev $428,000
Previous Owner Gillispie William C $405,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $535,000 -2.6% $360 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
11/04/2022 11/04/22 Price Changed $549,000 -4.5% $370 / Sq Ft
09/01/2022 09/01/22 For Sale $575,000 -- $387 / 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 $9,828 $48,285 $4,122 $44,163
2024 $9,828 $48,285 $4,122 $44,163
2023 $9,579 $46,430 $3,318 $43,112
2022 $9,579 $46,430 $3,318 $43,112
2021 $9,364 $46,429 $3,318 $43,111
2020 $9,763 $43,827 $2,444 $41,383
2019 $9,559 $47,578 $2,444 $45,134
2018 $9,398 $47,578 $2,444 $45,134
2017 $8,282 $38,472 $2,008 $36,464
2016 $7,706 $38,472 $2,008 $36,464
2015 $7,050 $38,472 $2,008 $36,464
2014 $6,071 $32,720 $1,855 $30,865
2013 $5,951 $32,720 $1,855 $30,865
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11619332

Midwest Real Estate Data (MRED)

APN: 17-22-105-039-1083

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