NOT LISTED FOR SALE

Estimated Value: $429,000 - $499,000

2 Beds
2 Baths
1,284 Sq Ft
$517/mo HOA Fee

Last Sold August 05, 2024

Last sale price $439,500 $342 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,592/month

34 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Den
  • South Loop Elementary School Rated 9+
  • Whirlpool Bathtub
  • 1-minute walk to Daniel Webster Park

About This Home

As of August 2024

Hot, hot two bedroom with den in boutique Museum Park building. All new luxury vinyl floors, super tall ceilings, urban / transitional vibe with expose ducks and concrete ceilings and loft light. Flexible floor plan that can live many ways...fantastic for live / work scenarios. Pet friendly building and PREMIUM HEATED PARKING SPACE INCLUDED. Best of all are the views of Soldier Field and the lake beyond. The building amenities include a fitness center, bike room, storage unit and package room. For an additional $500 a year you can join the Museum Park Community Center (pools, party room, billiards and more). Close to Millennium Park, Daniel Webster Park, Grant Park, dog parks, Soldier Field, museums, planetarium, lakefront, running and bike paths. Walking distance to Roosevelt Collection shops restaurants, theaters and more. Two blocks to the El Train and a few more to Union Station. Easy access to access to 290, 90/94 and I55 expressways. A stylish south loop opportunity for sure.

Last Agent to Sell the Property

Crawford Group

@properties Christie's International Real Estate License #471010697 Listed on: 05/27/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Nitasha Kassam

@properties Christie's International Real Estate License #475177732

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,538

Year Built

  • Built in 2005

Lot Details

  • 0.54

HOA Fees

  • $517 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,284 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Additional Parcels

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 149 Units
  • Cherie Association, Phone Number (312) 235-0486
  • Museum Park Lofts Subdivision
  • Property managed by Fourth Group
  • Lock-and-Leave Community
  • 14-Story Property

Amenities

  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,538

Year Built

Built in 2005

Lot Details

0

HOA Fees

$517 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Museum Park Lofts
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit
  • LivingArea: 1284
  • Other Equipment: Humidifier
  • Room Type: Den, Balcony/Porch/Lanai
  • Stories Total: 14
  • Estimated Total Finished Sq Ft: 1284
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1284
  • Fireplace Location: Living Room
  • Total Sq Ft: 1284
  • Main Level Sq Ft: 1284
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 449000
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • 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: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 517
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Fourth Group
  • Management Contact Name: Cherie
  • Management Phone: 312-235-0486
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17221050390000
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8538.48
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Jul 29, 2024
Sold by
Elizabeth R Magnuson Trust and Erickson David G
Bought by
Chiang William W
Seller's Agent
Crawford Group
@properties Christie's International Real Estate
Buyer's Agent
Nitasha Kassam
@properties Christie's International Real Estate
List Price
$460,000
Sold Price
$439,500
Premium/Discount to List
-$20,500
-4.46%
Views
9
Current Estimated Value
$459,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,811
Avg. Annual Appreciation
4.13%
Original Mortgage
$351,600
Outstanding Balance
$347,435
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$111,876

Purchase Details

Closed on
May 19, 2024
Sold by
Bruce R Magnuson Trust and Magnuson Karin L
Bought by
Elizabeth R Magnuson Trust and Erickson

Purchase Details

Closed on
Sep 12, 2020
Sold by
Magnuson Bruce R and Magnuson Elizabeth R
Bought by
Magnuson Bruce R and Bruce R Magnuson Trust

Purchase Details

Closed on
Feb 28, 2006
Sold by
Moen Zachary V and Jarenski Michelle J
Bought by
Magnuson Bruce R and Magnuson Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2004
Sold by
13Th Street Lofts Llc
Bought by
Moen Zachary V and Jarenski Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Chiang William W $439,500 None Listed On Document
Elizabeth R Magnuson Trust -- None Listed On Document
Magnuson Bruce R -- Ticor Title Insurance Co
Magnuson Bruce R $410,000 Cti
Moen Zachary V $366,000 Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiang William W $351,600
Previous Owner Magnuson Elizabeth $185,000
Previous Owner Magnuson Elizabeth R $296,733
Previous Owner Magnuson Bruce R $328,000
Previous Owner Moen Zachary V $99,800
Previous Owner Moen Zachary V $320,000
Previous Owner Moen Zachary V $27,000
Previous Owner Moen Zachary V $347,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $439,500 -2.1% $342 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $449,000 -2.4% $350 / Sq Ft
05/27/2024 05/27/24 For Sale $460,000 -- $358 / 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 $7,096 $38,311 $3,270 $35,041
2023 $6,895 $36,840 $2,633 $34,207
2022 $6,895 $36,840 $2,633 $34,207
2021 $6,758 $36,838 $2,632 $34,206
2020 $7,056 $34,774 $1,939 $32,835
2019 $6,895 $37,750 $1,939 $35,811
2018 $6,778 $37,750 $1,939 $35,811
2017 $5,844 $30,525 $1,593 $28,932
2016 $5,614 $30,525 $1,593 $28,932
2015 $5,113 $30,525 $1,593 $28,932
2014 $4,340 $25,961 $1,472 $24,489
2013 $4,243 $25,961 $1,472 $24,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12066850

Midwest Real Estate Data (MRED)

APN: 17-22-105-039-1039