$623,000
SOLD NOV 19, 2024

Block Y 1301 W Madison St Unit 1301501 Chicago, IL 60607

West Loop Neighborhood
2 Beds
2 Baths
1,500 Sq Ft
$508/mo HOA Fee

Recently Sold

$415 Per Sq Ft

4% Below List Price

11 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Balcony
  • Skinner Elementary School Rated A-
  • Stainless Steel Appliances
  • 3-minute walk to Skinner Park

About This Home

As of November 2024

In one of the most bustling, vibrant and exciting neighborhoods in the nation, this extra large WEST LOOP condo hits the spot! At a whopping 1500SF, this is one of the bigger two bed, two baths in the area. The residence has been fully updated and is as turn-key as they come. With skyline views and an abundance of natural light, this high-floor home offers it all. Upon entry, there are chic elements galore starting with newly redone hardwood floors paralleled by soaring ceiling heights. The living room is expansive and offers a private covered balcony to soak in the city energy and sunshine. The open concept new WHITE kitchen is gleaming with shaker style cabinets, timeless quartz counters on your big island with a matching full-height quartz backsplash and all new SS appliances. The designated dining nook fits a big table that elevates the space. The true split floor plan is convenient with both bedrooms FULLY ENCLOSED and on opposite sides of the unit. The primary offers its own second private balcony, walk-through Sex and the City closet and attached bath. The en suite facilities are stunning with new modern finishes, a stylish walk-in shower with bench and dual vanity. Alluring tile feels luxury plus extra storage was added to complete the show. In-unit laundry! This home has two entrances / two foyers for ultimate convenience. Awesome boutique, elevator building close to everything but super serene and quiet. Well-run, proactive association with low assessments. Access to interior courtyard with lush grounds and koi pond. Attached garage parking included! Guest / Guest parking options are always available. Boutique gym takes up the commercial space. Extremely walkable to Whole Foods, Marianos, the best culinary experiences in the city up and down Randolph, Lake and Madison. Sushi galore, pizza out your front door, coffee shops, cozy breakfast spots, fitness, salons, parks, dog parks, transit and more. Easy access to 290 highway. There's a reason everyone is talking about this special space!

Last Agent to Sell the Property

Jill Silverstein

Compass License #475167682 Listed on: 10/07/2024

Compass

Co-Listed By

Katharine Huguenard

Compass License #475207001

Last Buyer's Agent

Mary Ellen Apostolopoulos

Compass License #475120198

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,079

Year Built

  • Built in 2003 | Remodeled in 2021

HOA Fees

  • $508 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Schools

  • Skinner Elementary School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, exterior maintenance, lawn care, scavenger, snow removal
  • 111 Units
  • Kass Management Association, Phone Number (773) 975-7234
  • Property managed by Secretary
  • 6-Story Property

Pet Policy

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

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,079

Year Built

Built in 2003 | Remodeled in 2021

Lot Details

0

HOA Fees

$508 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
  • Year Built: 2003
  • 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: 501
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2021

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
  • Interior Amenities: Hardwood Floors, Open Floorplan, Some Carpeting, Some Window Treatment, Some Wood Floors, Dining Combo, Drapes/Blinds, Pantry
  • LivingArea: 1500
  • Other Equipment: Humidifier, TV-Cable, Security System, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • Window Features: Blinds,Curtains/Drapes,Window Treatments
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 650000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 508
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Secretary
  • Management Contact Name: Kass Management
  • Management Phone: 773-975-7234
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Skinner Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

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: 11079.21
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 14, 2024
Sold by
Gokhale Shilpa S
Bought by
Beshilas Bill and Beshilas Amy
Seller's Agent
Jill Silverstein
Compass
Buyer's Agent
Mary Ellen Apostolopoulos
Compass
List Price
$650,000
Sold Price
$623,000
Premium/Discount to List
-$27,000
-4.15%
Views
14
Current Estimated Value
$619,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,703
Avg. Annual Appreciation
-2.88%

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 12, 2018
Sold by
Laskaris Linda C
Bought by
Gokhale Shilpa S
Seller's Agent
Lynn Weekley
@properties Christie's International Real Estate
Buyer's Agent
Jill Silverstein
Compass
List Price
$565,000
Sold Price
$560,000
Premium/Discount to List
-$5,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$267,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 16, 2009
Sold by
Reyburn Matthew and Kirincic Reyburn Bonnie
Bought by
Laskaris Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,480
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2007
Sold by
Reyburn Matthew and Kirincic Reyburn Bonnie
Bought by
Reyburn Family Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $623,000 Chicago Title
Warranty Deed $623,000 Chicago Title
Warranty Deed $560,000 Proper Title Llc
Deed $387,500 Gmt
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $431,250 New Conventional
Previous Owner $262,500 Adjustable Rate Mortgage/ARM
Previous Owner $267,000 Adjustable Rate Mortgage/ARM
Previous Owner $371,460 FHA
Previous Owner $380,480 FHA
Previous Owner $207,900 Unknown
Previous Owner $222,500 Stand Alone First
Previous Owner $222,800 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $623,000 -4.2% $415 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $650,000 +16.1% $433 / Sq Ft
04/16/2018 04/16/18 Sold $560,000 -0.9% $373 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $565,000 -- $377 / 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 $11,079 $54,926 $3,150 $51,776
2023 $10,800 $52,331 $1,727 $50,604
2022 $10,800 $52,331 $1,727 $50,604
2021 $10,558 $52,331 $1,727 $50,604
2020 $9,942 $44,482 $1,727 $42,755
2019 $9,813 $48,682 $1,727 $46,955
2018 $8,967 $48,682 $1,727 $46,955
2017 $7,186 $36,643 $1,524 $35,119
2016 $6,839 $36,643 $1,524 $35,119
2015 $6,234 $36,643 $1,524 $35,119
2014 $4,825 $28,574 $1,295 $27,279
2013 $4,719 $28,574 $1,295 $27,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12167227

Midwest Real Estate Data (MRED)

APN: 17-17-104-041-1126