NOT LISTED FOR SALE

Block Y 1301 W Madison St Unit 215 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $399,000 - $461,000

2 Beds
1 Bath
1,000 Sq Ft
1.85 Acres

Highlights

  • Wood Flooring
  • Terrace
  • Elevator
  • Skinner Elementary School Rated A-
  • Sundeck
  • 3-minute walk to Skinner Park

About This Home

As of April 2023

Beautiful, spacious, & sunny 2 bedroom / 1 bath soft loft w/ 11' ceilings and HUGE 24'x21' private terrace. Heated garage parking included! In-unit washer/dryer. Lots of closet space and storage. Hardwood floors. Separate dining area. Massive open kitchen and living area. Brand new premium upscale gym located in building (Mode Body Boutique, for a fee) and West End Tavern across the street. Walk to Randolph Street restaurants. Amazing West Loop location! Unit is available June 1st. Owner will allow 1 cat or 1 dog. Dogs are allowed up to 30 pounds. There is a $250 non-refundable owner pet fee and $75 annual association fees. ***$300 Move in Deposit and $90 move in processing fee. $300 Move out Deposit to association. $500 nonrefundable fee to the owner. Garage space included.parking spot is H9 (covered/secure on lower level) Property Management firm requires mandatory Resident Benefits Package for an additional $40.00 per month; includes renters insurance, positive credit reporting for on-time rental payments, identity fraud protection and more. 48 hours notice is required for a showing. OPEN HOME TOUR SATURDAY 4/22. Bring your clients anytime from 10:00am-12:30pm. Listing agent will be present. Please text listing agent when you arrive. I will be showing a couple parties at a time so please be patient.

Last Agent to Rent the Property

Brian Joffe

Fulton Grace Realty License #475186981 Listed on: 04/11/2023

Fulton Grace Realty

Last Renter's Agent

Tom Streff

Berkshire Hathaway HomeServices Chicago License #475169611

Berkshire Hathaway HomeServices Chicago

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,860

Year Built

  • Built in 2001

Lot Details

  • 1.85

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Terrace

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 6/1/23
  • Rent includes water, scavenger, exterior maintenance, lawn care, snow removal

Community Details

Overview

  • 111 Units
  • 5-Story Property

Amenities

  • Sundeck
  • Common Area
  • Elevator
  • Service Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,860

Year Built

Built in 2001

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-06-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2750
  • Security Deposit: NONE
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Refundable Damage Deposit
  • Max Pet Weight: 30

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1000
  • Other Equipment: Fire Sprinklers
  • Room Type: Terrace
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 2750
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Other
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: None, Bike Room/Bike Trails, Elevator(s), Sundeck, Service Elevator(s)
  • Rent Includes: Water, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2001
Sold by
Bitton Jacques
Bought by
Schor Lee
Current Estimated Value
$432,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.23%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Bongiorno Thomas
Bought by
Bitton Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.75%

Purchase Details

Closed on
Feb 23, 2001
Sold by
Madison Monroe Llc
Bought by
Bongiorno Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,555
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
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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
Schor Lee $272,000 --
Bitton Jacques $225,000 --
Bongiorno Thomas R $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schor Lee $224,000
Closed Schor Lee $231,000
Closed Schor Lee S $252,000
Closed Schor Lee S $252,000
Closed Sp Schor $31,185
Closed Schor Lee $220,000
Closed Schor Lee $32,000
Previous Owner Schor Lee $250,000
Previous Owner Bitton Jacques $180,000
Previous Owner Bongiorno Thomas R $177,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Rented $2,750 0.0% --
04/18/2023 04/18/23 Under Contract -- -- --
04/11/2023 04/11/23 For Rent $2,750 +12.2% --
06/25/2018 06/25/18 Rented $2,450 0.0% --
06/15/2018 06/15/18 For Rent $2,450 -- --
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 $6,860 $37,489 $2,150 $35,339
2023 $6,666 $35,719 $1,179 $34,540
2022 $6,666 $35,719 $1,179 $34,540
2021 $6,534 $35,717 $1,178 $34,539
2020 $6,092 $30,360 $1,178 $29,182
2019 $6,007 $33,226 $1,178 $32,048
2018 $5,904 $33,226 $1,178 $32,048
2017 $4,673 $25,010 $1,040 $23,970
2016 $4,509 $25,010 $1,040 $23,970
2015 $4,102 $25,010 $1,040 $23,970
2014 $3,142 $19,503 $884 $18,619
2013 $3,069 $19,503 $884 $18,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11756037

Midwest Real Estate Data (MRED)

APN: 17-17-104-041-1083