Block Y 1301 W Madison St Unit 502 Chicago, IL 60607
West Loop Neighborhood
2
Beds
1
Bath
1,025
Sq Ft
$354/mo
HOA Fee
Highlights
- Wood Flooring
- Sundeck
- Park
- Skinner Elementary School Rated A-
- Stainless Steel Appliances
- 3-minute walk to Skinner Park
About This Home
As of May 2025Welcome to this stunning 2-bedroom, 1-bathroom unit located in Chicago's vibrant West Loop neighborhood. The expansive living and dining area is bathed in natural light from floor-to-ceiling windows, leading to a private balcony-perfect for enjoying city views. Additional amenities include in-unit laundry, a gas fireplace, and one heated garage parking space! A walkers paradise, you'll be moments away from the best of Chicago's restaurants, entertainment, and nightlife.
Last Agent to Sell the Property
Jacob Reiner
Redfin Corporation License #475191364 Listed on: 03/27/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,738
Year Built
- Built in 2001
HOA Fees
- $354 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,025 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Skinner Elementary School
- Wells Community Academy Senior H High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, exterior maintenance, scavenger
- 111 Units
- Andy Monk Association, Phone Number (312) 729-1300
- Property managed by Community Property Mgmt
- 6-Story Property
Amenities
- Sundeck
- Elevator
Recreation
- Park
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
May 3, 2025
Sold by
Clark Michelle Nicole
Bought by
Dimick Chris R
Seller's Agent
Jacob Reiner
Redfin Corporation
Buyer's Agent
James D'Astice
Compass
List Price
$419,000
Sold Price
$424,000
Premium/Discount to List
$5,000
1.19%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.09%
Original Mortgage
$339,200
Outstanding Balance
$339,200
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$84,718
Purchase Details
Listed on
Aug 12, 2021
Closed on
Sep 15, 2021
Sold by
Michalec Anita A and Hergott Anita
Bought by
Clark Michelle Nicole
Seller's Agent
Nick Nastos
Fulton Grace Realty
Buyer's Agent
Jacob Reiner
Redfin Corporation
List Price
$364,900
Sold Price
$360,000
Premium/Discount to List
-$4,900
-1.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$342,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2007
Sold by
Sepe Joseph F
Bought by
Michalec Anita A
Purchase Details
Closed on
Mar 21, 2005
Sold by
Schaeffner Timothy and Young Mary Lynn
Bought by
Sepe Joseph F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2001
Sold by
Madison Monroe Llc
Bought by
Schaeffner Timothy and Young Mary Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
7.23%
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $424,000 | Old Republic Title | |
| Warranty Deed | $360,000 | Old Republic Title | |
| Warranty Deed | $325,000 | Ticor Title | |
| Warranty Deed | $300,000 | Pntn | |
| Warranty Deed | $228,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $339,200 | New Conventional | |
| Previous Owner | $342,000 | New Conventional | |
| Previous Owner | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $186,000 | Unknown | |
| Previous Owner | $182,500 | No Value Available | |
| Closed | $22,817 | No Value Available | |
| Closed | $45,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $424,000 | +1.2% | $414 / Sq Ft |
| 03/29/2025 03/29/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $419,000 | +16.4% | $409 / Sq Ft |
| 09/30/2021 09/30/21 | Sold | $360,000 | -1.3% | $351 / Sq Ft |
| 08/19/2021 08/19/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $364,900 | 0.0% | $356 / Sq Ft |
| 06/21/2019 06/21/19 | Rented | $2,350 | 0.0% | -- |
| 06/20/2019 06/20/19 | Under Contract | -- | -- | -- |
| 06/12/2019 06/12/19 | For Rent | $2,350 | +2.2% | -- |
| 03/12/2018 03/12/18 | Rented | $2,300 | +4.5% | -- |
| 02/16/2018 02/16/18 | For Rent | $2,200 | -- | -- |
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 | $7,738 | $38,361 | $2,200 | $36,161 |
| 2023 | $7,543 | $36,549 | $1,206 | $35,343 |
| 2022 | $7,543 | $36,549 | $1,206 | $35,343 |
| 2021 | $6,702 | $36,548 | $1,206 | $35,342 |
| 2020 | $6,250 | $31,066 | $1,206 | $29,860 |
| 2019 | $6,163 | $34,000 | $1,206 | $32,794 |
| 2018 | $6,057 | $34,000 | $1,206 | $32,794 |
| 2017 | $4,799 | $25,592 | $1,064 | $24,528 |
| 2016 | $4,626 | $25,592 | $1,064 | $24,528 |
| 2015 | $4,209 | $25,592 | $1,064 | $24,528 |
| 2014 | $3,226 | $19,956 | $904 | $19,052 |
| 2013 | $3,151 | $19,956 | $904 | $19,052 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Jacob Reiner
Redfin Corporation
-
James D'Astice
Buyer's Agent in 2025
James D'Astice
Compass
(773) 425-0706
6 in this area
434 Total Sales
-
Nick Nastos
Seller's Agent in 2021
Nick Nastos
Fulton Grace
(630) 768-1602
16 in this area
278 Total Sales
-
Angelos Goudis
Seller Co-Listing Agent in 2021
Angelos Goudis
Fulton Grace
(630) 518-1894
3 in this area
20 Total Sales
-
Adam Ballog
Seller's Agent in 2019
Adam Ballog
Fulton Grace Realty
(773) 301-7438
2 Total Sales
-
Sara Keller
S
Buyer's Agent in 2019
Sara Keller
Keller Williams ONEChicago
(312) 216-2422
4 Total Sales
About Block Y
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12313703
APN: 17-17-104-041-1127
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