NOT LISTED FOR SALE

Block Y 1301 W Madison St Unit 507 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $417,000 - $572,000

2 Beds
1 Bath
1,100 Sq Ft
$295/mo HOA Fee

Last Sold September 04, 2018

Last sale price $371,000 $337 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,488/month

12 Days on Market

Highlights

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

About This Home

As of September 2018

Bright & extra wide north facing 2 bedroom/ 1 bathroom in hot West Loop! This Concrete loft features 11 ft ceilings, open layout with newly refinished oak floors, brand new Stainless Steel appliances, fireplace, gorgeous terrace, spacious fully enclosed bedrooms, and Washer and Dryer in unit. Building offers common area rooftop Sundeck and designer green space Courtyard for extra outdoor space. Basic cable included in assessments and Pets are welcome. Awesome location by Skinner Park/ School with coffee shops and restaurants right outside your front door. Walk to Whole Foods and five star dining on Randolph Street. Easy access to CTA and expressway. Attached Garage parking included in price.

Last Agent to Sell the Property

Sam Shaffer

Chicago Properties Firm License #471017780 Listed on: 07/31/2018

Co-Listed By

Ann Brown

Chicago Properties Firm License #471019137

Last Buyer's Agent

Kevin Carroccia

@properties Christie's International Real Estate License #471010320

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,738

Year Built

  • 2001

Lot Details

  • 1.85

HOA Fees

  • $295 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Location

  • Property is near a bus stop

Utilities

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

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,738

Year Built

2001

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 5
  • Age: 16-20 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2001
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 2001

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Foyer, Terrace
  • Master Bedroom: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 8X7, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Terrace, Dimensions: 18X9, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1100
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance
  • Assessment Association Fees: 295
  • Management Contact Name: Jennifer
  • Management Phone: 773-975-7234X224

Fee Information

  • Management Company: Kass Management Services

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 17171040411132

Multi Family

  • Total Number Unitsin Building: 111
  • Number Stories: 6

Tax Info

  • Taxes: 5125.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 30, 2018
Sold by
Bucio Laurencio
Bought by
Guletsky Anastasia M and Kelly Robert J
Seller's Agent
Sam Shaffer
Chicago Properties Firm
Buyer's Agent
Kevin Carroccia
@properties Christie's International Real Estate
List Price
$379,000
Sold Price
$371,000
Premium/Discount to List
-$8,000
-2.11%
Current Estimated Value
$465,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,295
Avg. Annual Appreciation
3.29%
Original Mortgage
$176,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2003
Sold by
Malkon Ohanis
Bought by
Bucio Laurencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,400
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2001
Sold by
Madison Monroe Llc
Bought by
Malkon Ohanis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,260
Interest Rate
7.07%
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
Guletsky Anastasia M $371,000 Chicago Title
Bucio Laurencio $245,500 Multiple
Malkon Ohanis $231,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Robert J $277,200
Closed Kelly Robert J $275,250
Closed Guletsky Anastasia M $176,000
Previous Owner Bucio Laurencio $184,700
Previous Owner Bucio Laurencio $195,000
Previous Owner Bucio Laurencio $196,400
Previous Owner Ohanis Malkon Victor $39,500
Previous Owner Malkon Ohanis $207,260
Closed Bucio Laurencio $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $371,000 -2.1% $337 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $379,000 -- $345 / 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 $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 $7,374 $36,548 $1,206 $35,342
2020 $6,944 $31,066 $1,206 $29,860
2019 $6,854 $34,000 $1,206 $32,794
2018 $6,738 $34,000 $1,206 $32,794
2017 $5,528 $25,592 $1,064 $24,528
2016 $5,126 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10036701

Midwest Real Estate Data (MRED)

APN: 17-17-104-041-1132