NOT LISTED FOR SALE

Museum Park Lofts II 1305 S Michigan Ave Unit 1506 Chicago, IL 60605

Central Station Neighborhood

Estimated Value: $391,741 - $403,000

2 Beds
-- Bath
1,206 Sq Ft
$330/Sq Ft Est. Value

About This Home

This home is located at 1305 S Michigan Ave Unit 1506, Chicago, IL 60605 and is currently estimated at $397,685, approximately $329 per square foot. 1305 S Michigan Ave Unit 1506 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Old St. Marys School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2017
Sold by
Young Lisa and Mcnamara Lisa
Bought by
Jacob Sincer K and Jacob Tara
Current Estimated Value
$397,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Outstanding Balance
$262,203
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$135,482

Purchase Details

Closed on
Jul 18, 2008
Sold by
Crivello Mario J
Bought by
Young Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
South Michigan Avenue Lofts Llc
Bought by
Crivello Mario J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,218
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Jacob Sincer K $387,000 Citywide Title Corporation
Young Lisa $320,000 Chicago Title Insurance Co
Crivello Mario J $288,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Sincer K $309,600
Previous Owner Young Lisa $264,000
Previous Owner Young Lisa $289,000
Previous Owner Young Lisa $290,400
Previous Owner Young Lisa $255,500
Previous Owner Young Lisa $256,000
Previous Owner Young Lisa $32,000
Previous Owner Crivello Mario J $236,000
Previous Owner Crivello Mario J $29,500
Previous Owner Crivello Mario J $43,218
Previous Owner Crivello Mario J $230,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Off Market $2,800 -- --
06/22/2025 06/22/25 Price Changed $2,800 -3.4% $2 / Sq Ft
06/19/2025 06/19/25 Price Changed $2,900 -3.3% $2 / Sq Ft
05/02/2025 05/02/25 Price Changed $3,000 -3.2% $2 / Sq Ft
04/15/2025 04/15/25 For Rent $3,100 -- --

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 $5,982 $32,291 $2,925 $29,366
2023 $5,809 $31,577 $2,355 $29,222
2022 $5,809 $31,577 $2,355 $29,222
2021 $5,697 $31,576 $2,355 $29,221
2020 $5,706 $28,714 $1,735 $26,979
2019 $5,575 $31,177 $1,735 $29,442
2018 $6,159 $31,177 $1,735 $29,442
2017 $4,100 $22,421 $1,425 $20,996
2016 $3,991 $22,421 $1,425 $20,996
2015 $3,628 $22,421 $1,425 $20,996
2014 $3,583 $21,880 $884 $20,996
Source: Public Records

About Museum Park Lofts II

Map

Illinois Cook County Chicago 60605 Central Station

1305 S Michigan Ave Unit 1506, Chicago, IL

This home is located at 1305 S Michigan Ave Unit 1506, Chicago, IL 60605 and is currently estimated at $397,685, approximately $329 per square foot. 1305 S Michigan Ave Unit 1506 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Old St. Marys School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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