$280,000
SOLD DEC 6, 2024

Michigan 1400 1400 S Michigan Ave Unit 1012 Chicago, IL 60605

South Loop Neighborhood
1 Bed
1 Bath
751 Sq Ft
$382/mo HOA Fee

Recently Sold

$373 Per Sq Ft

6% Above List Price

31 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Party Room
  • Fitness Center
  • Community Pool
  • 3-minute walk to Daniel Webster Park

About This Home

As of December 2024

Talk about LOCATION, LOCATION, LOCATION! You will feel right at home in this Lovely 1 Bedroom 1 Bath Condo in the heart of the South Loop. Original Owners, and they have taken such great care of this Unit. Enjoy your private terrace just outside your primary bedroom. Engineered wood floors throughout (Bathroom has Ceramic Tile). Kitchen features stainless steel appliances. Washer/dryer in unit. The Building itself also has amazing amenities including doorperson/security, recreation room, dog walking area, rooftop pool and fitness center. It's centrally located to so many things/destinations. Just a short walk to transit, Grant Park, Soldier Field, coffee shops and restaurants in the south loop. Garage parking spot being sold separately with the Unit.

Last Agent to Sell the Property

Gabriel Martinez

Iconic Real Estate of Illinois Inc License #471019380

Last Buyer's Agent

Wing Ho

Chi Real Estate Group LLC License #471017833

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 2008

Lot Details

  • Additional Parcels

HOA Fees

  • $382 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 751 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Grill

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 257 Units
  • Gina Konstas Association, Phone Number (312) 663-1167
  • High-Rise Condominium
  • Property managed by GNP Realty Partners
  • 28-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,199

Year Built

Built in 2008

Lot Details

0

HOA Fees

$382 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2008
  • Age: 16-20 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: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 751
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 28
  • 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
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Outdoor Grill
  • List Price: 265000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 30000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 382
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty Partners
  • Management Contact Name: Gina Konstas
  • Management Phone: 312-663-1167
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17221070801397
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 5198.73
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 30, 2024
Sold by
Hight Karl and Hight Michelle
Bought by
Chen Jun X and Ho Celine Sau
Seller's Agent
Gabriel Martinez
Iconic Real Estate of Illinois Inc
Buyer's Agent
Wing Ho
Chi Real Estate Group LLC
List Price
$265,000
Sold Price
$280,000
Premium/Discount to List
$15,000
5.66%
Total Days on Market
31
Views
54
Current Estimated Value
$252,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,646
Avg. Annual Appreciation
-10.25%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $280,000 +5.7% $373 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $265,000 -- $353 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $619 $3,334 $193 $3,141
2023 $619 $3,000 $156 $2,844
2022 $619 $3,000 $156 $2,844
2021 $605 $2,999 $156 $2,843
2020 $730 $3,276 $127 $3,149
2019 $717 $3,567 $127 $3,440
2018 $705 $3,567 $127 $3,440
2017 $493 $2,292 $100 $2,192
2016 $459 $2,292 $100 $2,192
2015 $420 $2,292 $100 $2,192
2014 $413 $2,225 $38 $2,187
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12184915

Midwest Real Estate Data (MRED)

APN: 17-22-107-080-1397