NOT LISTED FOR SALE

Michigan Avenue Tower 1 1250 S Michigan Ave Unit 1209 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $415,757 - $448,000

2 Beds
2 Baths
1,257 Sq Ft
$338/Sq Ft Est. Value

About This Home

This home is located at 1250 S Michigan Ave Unit 1209, Chicago, IL 60605 and is currently estimated at $424,939, approximately $338 per square foot. 1250 S Michigan Ave Unit 1209 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Old St. Marys School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2017
Sold by
Forester Robert M
Bought by
Toramanjan Zepur and Toramanjan Manoug
Current Estimated Value
$424,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,550
Outstanding Balance
$146,106
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$273,500

Purchase Details

Closed on
Oct 28, 2005
Sold by
Spiropoulos Demos
Bought by
Forester Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2005
Sold by
1250 S Michigan Lp
Bought by
Spiropoulos Demos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Toramanjan Zepur $425,000 Chicago Title
Forester Robert M $402,500 Multiple
Spiropoulos Demos $352,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toramanjan Zepur $177,550
Previous Owner Forester Robert M $187,000
Previous Owner Forester Robert M $322,000
Previous Owner Forester Robert M $80,500
Previous Owner Spiropoulos Demos $235,000
Closed Spiropoulos Demos $25,000
Source: Public Records

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 $6,569 $37,288 $2,420 $34,868
2023 $6,364 $37,000 $1,947 $35,053
2022 $6,364 $37,000 $1,947 $35,053
2021 $6,791 $36,999 $1,946 $35,053
2020 $5,726 $28,806 $1,599 $27,207
2019 $6,563 $36,096 $1,599 $34,497
2018 $6,452 $36,096 $1,599 $34,497
2017 $5,828 $27,072 $1,321 $25,751
2016 $5,422 $27,072 $1,321 $25,751
2015 $5,838 $31,861 $1,321 $30,540
2014 $4,309 $23,225 $1,182 $22,043
2013 $4,224 $23,225 $1,182 $22,043
Source: Public Records

About Michigan Avenue Tower 1

Map

Illinois Cook County Chicago 60605 South Loop

1250 S Michigan Ave Unit 1209, Chicago, IL

This home is located at 1250 S Michigan Ave Unit 1209, Chicago, IL 60605 and is currently estimated at $424,939, approximately $338 per square foot. 1250 S Michigan Ave Unit 1209 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Old St. Marys School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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