Seller's Agent in 2024
Leticia Jimenez
@ Properties
(773) 206-0399
35 in this area
86 Total Sales
Block Y 1301 W Madison St Unit 614 Chicago, IL 60607
West Loop Neighborhood
2
Beds
1
Bath
1,000
Sq Ft
$303/mo
HOA Fee
Highlights
- Wood Flooring
- Sundeck
- Balcony
- Skinner Elementary School Rated A-
- Elevator
- 3-minute walk to Skinner Park
About This Home
As of November 2024Stunning 2-bedroom penthouse nestled in the heart of the West Loop, beautifully remodeled with breathtaking views. South-facing with floor-to-ceiling windows that open to a private balcony with double doors, this home is flooded with natural light and exceptional features. Open layout offers an expansive living and dining area, ideal for entertaining. Recent updates include a gorgeous kitchen with sleek white cabinetry, beautiful backsplash, quartz countertops including island with breakfast bar seating and newer appliances. Additionally, there are hardwood floors throughout, gas fireplace, and soaring 11' ceilings. Enjoy the convenience of in-unit laundry. Included is one heated garage parking space and a spacious storage locker for added convenience. This building is well maintained and features a private courtyard with Koi Pond and shared rooftop for residents to enjoy. Prime location just steps to parks, restaurants, and shopping. Commuting is a breeze with easy access to public transportation and expressways.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471009742 Listed on: 10/07/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,860
Year Built
- Built in 2001 | Remodeled in 2023
HOA Fees
- $303 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Block Foundation
- Rubber Roof
Interior Spaces
- 1,000 Sq Ft Home
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
Schools
- Skinner Elementary School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 114 Units
- Manager Association, Phone Number (773) 975-7234
- Property managed by Kass
- 6-Story Property
Amenities
- Sundeck
- Elevator
- Service Elevator
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2024
Closed on
Nov 21, 2024
Sold by
Rhonda Panousakis Living Trust and Panousakis Rhonda
Bought by
Chiczewski Margaret
Seller's Agent
Leticia Jimenez
@properties Christie's International Real Estate
Buyer's Agent
Kate Waddell
Compass
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%
Total Days on Market
20
Views
18
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
$161
Avg. Annual Appreciation
-2.53%
Original Mortgage
$294,000
Outstanding Balance
$293,026
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$120,243
Purchase Details
Closed on
Sep 3, 2021
Sold by
Panousakis Rhonda and Rilonda Panousakis Living Trus
Bought by
Panousakis Rhonda and The Rhonda Panousakis Living T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
2.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2017
Sold by
Panousakis Rhonda
Bought by
The Rhonda Panousakis Living Trust
Purchase Details
Closed on
Oct 22, 2001
Sold by
Demilliano Joseph R and Demilliano Yong Mi
Bought by
Panousakis Rhonda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.26%
Purchase Details
Closed on
Jun 6, 2001
Sold by
Madison Monroe Llc
Bought by
Demilliano Joseph
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 | $420,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $250,000 | -- | |
| Warranty Deed | $215,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,000 | New Conventional | |
| Previous Owner | $172,500 | New Conventional | |
| Previous Owner | $193,500 | New Conventional | |
| Previous Owner | $208,000 | New Conventional | |
| Previous Owner | $225,000 | Unknown | |
| Previous Owner | $225,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2024 11/25/24 | Sold | $420,000 | -3.4% | $420 / Sq Ft |
| 10/27/2024 10/27/24 | Pending | -- | -- | -- |
| 10/21/2024 10/21/24 | Price Changed | $434,900 | -1.1% | $435 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $439,900 | -- | $440 / 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 | $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
-
Leticia Jimenez
-
Kate Waddell
Buyer's Agent in 2024
Kate Waddell
Compass
(773) 517-2666
32 in this area
540 Total Sales
About Block Y
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12182801
APN: 17-17-104-041-1169
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