Michigan 1400 1400 S Michigan Ave Unit 1305 Chicago, IL 60605
South Loop Neighborhood
1
Bed
1
Bath
826
Sq Ft
$499/mo
HOA Fee
Highlights
- Doorman
- In Ground Pool
- Wood Flooring
- Fitness Center
- Rooftop Deck
- 3-minute walk to Daniel Webster Park
About This Home
As of December 2024South Loop, Freshly Painted, well maintained 1 Bed / 1 Bath + Den in luxury Michigan Avenue Tower II. This is one of the largest 1-Bed unit in the building. Living / dining open floor plan. Ceiling to floor windows, Hardwood floors from foyer through den, kitchen, living, dining area. Large bedroom fits king size bed with walk in closet. Breakfast bar, Granite counter tops, Stainless steel appliances in the kitchen. Private balcony, Laundry in unit. Additional Storage locker. Full amenity building: 24hr doorman, outdoor pool, sundeck, dog run, fitness room, party room. Go Grocer on the ground floor. Lots of restaurant and shop around. Few blocks to CTA Roosevelt Station of Orange, Green, Red Line. Steps to lake front beach, Grant Park and Museum Campus. Jewel-Osco, Trader Joe's nearby.
Last Agent to Sell the Property
Concentric Realty Inc. License #475166830 Listed on: 10/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,085
Year Built
- Built in 2008
Lot Details
- Dog Run
- Additional Parcels
HOA Fees
- $499 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
- Deeded Parking Sold Separately
Interior Spaces
- 826 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Den
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Rooftop Deck
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, clubhouse, 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
- 28-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Service Elevator
- Package Room
- Elevator
Recreation
- Bike Trail
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 1, 2024
Closed on
Dec 4, 2024
Sold by
Li Feng
Bought by
Swanson Cara
Seller's Agent
Josephine Wang
Concentric Realty Inc.
Buyer's Agent
Melinda Wilson
RE/MAX Premier
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%
Views
40
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
$31,333
Avg. Annual Appreciation
13.35%
Original Mortgage
$285,000
Outstanding Balance
$284,018
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$44,315
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Fidelity National Title | |
| Warranty Deed | $300,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | New Conventional | |
| Closed | $285,000 | New Conventional | |
| Previous Owner | $236,000 | New Conventional | |
| Previous Owner | $226,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $300,000 | +7.1% | $363 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 10/18/2024 10/18/24 | Price Changed | $280,000 | -1.8% | $339 / Sq Ft |
| 10/01/2024 10/01/24 | For Sale | $285,000 | -6.6% | $345 / Sq Ft |
| 01/21/2020 01/21/20 | Sold | $305,000 | +1.7% | $369 / Sq Ft |
| 12/11/2019 12/11/19 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $300,000 | -- | $363 / 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 | $635 | $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
Agents Affiliated with this Home
-
Josephine Wang
J
Seller's Agent in 2024
Josephine Wang
Concentric Realty Inc.
(630) 216-9689
5 in this area
84 Total Sales
-
Melinda Wilson
M
Buyer's Agent in 2024
Melinda Wilson
RE/MAX
(312) 475-1717
1 in this area
2 Total Sales
-
Lindsey Richardson
L
Seller's Agent in 2020
Lindsey Richardson
Baird & Warner
(312) 890-8777
29 in this area
146 Total Sales
-
Michael Vrielink
Buyer's Agent in 2020
Michael Vrielink
ALLURE Real Estate
(773) 816-7732
2 in this area
32 Total Sales
About Michigan 1400
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12177500
APN: 17-22-107-080-1380
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