Seller's Agent in 2024
Kristine Chen Frost
Compass
(312) 933-1894
4 in this area
178 Total Sales
Michigan Avenue Tower 1 1250 S Michigan Ave Unit 2408 Chicago, IL 60605
South Loop NeighborhoodEstimated Value: $417,000 - $472,007
2
Beds
2
Baths
1,300
Sq Ft
$1,033/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Roosevelt Station (Green, Orange Lines)
- Wood Flooring
- South Loop Elementary School Rated 9+
- Fitness Center
- 4-minute walk to Daniel Webster Park
About This Home
As of June 2024Surround yourself w/ amazing unobstructed Southwest corner views upgraded 2 bed, 2 bth in the heart of the South Loop. Large living rm & dining rm. Cook's kitch w/ granite undermount sink, custom cabinets & upgraded appliances. Luxurious master suite w/ double bowl sink, separate shower & soaking tub. Beautiful 2nd bath. In-unit w/d. Full amenity building includes outdoor pool and huge sun deck. One Parking space and a storage cage is included! Best deal of South Loop! Building Reserve $1,815,714.
Last Agent to Sell the Property
Compass License #475122436 Listed on: 02/09/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,728
Year Built
- Built in 2004
Lot Details
- 0.84
HOA Fees
- $1,033 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Brick or Stone Mason
Interior Spaces
- 1,300 Sq Ft Home
- Family or Dining Combination
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 229 Units
- Angela Association, Phone Number (312) 554-1250
- Property managed by First Service Residential
- 29-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
- Bike Trail
Pet Policy
- Pets up to 100 lbs
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2024
Closed on
May 21, 2024
Sold by
Xu Shen and Liu Ruoqian
Bought by
Zhang Li and Lu Yifeng
Seller's Agent
Kristine Chen Frost
Compass
Buyer's Agent
Bo Xu
Corcoran Urban Real Estate
List Price
$425,000
Sold Price
$407,500
Premium/Discount to List
-$17,500
-4.12%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,502
Avg. Annual Appreciation
6.04%
Purchase Details
Listed on
Oct 21, 2013
Closed on
Mar 5, 2014
Sold by
National Residential Nominee Service Inc
Bought by
Xu Shen and Liu Ruoqian
Seller's Agent
Pasquale Recchia
@properties Christie's International Real Estate
Buyer's Agent
Cindy Weinreb
@properties Christie's International Real Estate
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.18%
Original Mortgage
$320,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 29, 2013
Sold by
Coleman Crystal
Bought by
National Residential Nominee Services In
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 19, 2007
Sold by
Syed Sirajuddin
Bought by
Coleman Crystal
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
6.54%
Mortgage Type
Unknown
Purchase Details
Closed on
May 13, 2005
Sold by
1250 S Michigan Lp
Bought by
Syed Sirajuddin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,840
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Li | $407,500 | Proper Title | |
| Xu Shen | $400,000 | Fidelity Natl Title Ins Co | |
| National Residential Nominee Services In | $400,000 | Fidelity Natl Title Ins Co | |
| Coleman Crystal | $410,000 | Multiple | |
| Syed Sirajuddin | $391,500 | Git |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Xu Shen | $320,000 | |
| Previous Owner | National Residential Nominee Services In | $320,000 | |
| Previous Owner | Coleman Crystal | $328,000 | |
| Previous Owner | Syed Sirajuddin | $311,840 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/06/2024 06/06/24 | Sold | $407,500 | -4.1% | $313 / Sq Ft | |
| 03/18/2024 03/18/24 | Pending | -- | -- | -- | |
| 02/09/2024 02/09/24 | For Sale | $425,000 | 0.0% | $327 / Sq Ft | |
| 05/31/2023 05/31/23 | Rented | $3,200 | +6.7% | -- | |
| 05/19/2023 05/19/23 | Under Contract | -- | -- | -- | |
| 05/18/2023 05/18/23 | For Rent | $3,000 | 0.0% | -- | |
| 05/13/2023 05/13/23 | Under Contract | -- | -- | -- | |
| 05/02/2023 05/02/23 | For Rent | $3,000 | 0.0% | -- | |
| 06/09/2022 06/09/22 | Rented | $3,000 | +7.1% | -- | |
| 05/09/2022 05/09/22 | Under Contract | -- | -- | -- | |
| 05/05/2022 05/05/22 | For Rent | $2,800 | +12.0% | -- | |
| 12/18/2021 12/18/21 | Rented | -- | -- | -- | |
| 12/09/2021 12/09/21 | Under Contract | -- | -- | -- | |
| 10/22/2021 10/22/21 | For Rent | $2,500 | 0.0% | -- | |
| 03/26/2014 03/26/14 | Sold | $400,000 | +8.1% | $308 / Sq Ft | View Prior Sale |
| 02/18/2014 02/18/14 | Pending | -- | -- | -- | |
| 02/10/2014 02/10/14 | Price Changed | $369,900 | -2.4% | $285 / Sq Ft | |
| 11/18/2013 11/18/13 | Price Changed | $379,000 | -2.8% | $292 / Sq Ft | |
| 10/21/2013 10/21/13 | For Sale | $389,900 | -- | $300 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,161 | $47,323 | $3,071 | $44,252 |
| 2023 | $9,903 | $48,000 | $2,471 | $45,529 |
| 2022 | $9,903 | $48,000 | $2,471 | $45,529 |
| 2021 | $9,681 | $47,999 | $2,470 | $45,529 |
| 2020 | $8,144 | $36,558 | $2,029 | $34,529 |
| 2019 | $9,204 | $45,810 | $2,029 | $43,781 |
| 2018 | $9,049 | $45,810 | $2,029 | $43,781 |
| 2017 | $7,396 | $34,358 | $1,676 | $32,682 |
| 2016 | $6,881 | $34,358 | $1,676 | $32,682 |
| 2015 | $7,410 | $40,435 | $1,676 | $38,759 |
| 2014 | $4,992 | $29,475 | $1,500 | $27,975 |
| 2013 | $4,882 | $29,475 | $1,500 | $27,975 |
Source: Public Records
Agents Affiliated with this Home
-
Kristine Chen Frost
-
Gedeon Dansou
Seller Co-Listing Agent in 2024
Gedeon Dansou
Compass
(773) 230-7839
1 in this area
41 Total Sales
-
Bo Xu
Buyer's Agent in 2024
Bo Xu
Corcoran Urban Real Estate
(312) 989-2354
3 in this area
93 Total Sales
-
Eric Frost
Seller's Agent in 2023
Eric Frost
Compass
(773) 482-1917
1 in this area
80 Total Sales
-
A
Buyer's Agent in 2021
Angela Clark
Century 21 S.G.R., Inc.
-
Pasquale Recchia
Seller's Agent in 2014
Pasquale Recchia
@ Properties
(847) 962-7711
6 in this area
188 Total Sales
About Michigan Avenue Tower 1
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11974224
APN: 17-22-101-043-1204
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