Seller's Agent in 2024
Kristine Chen Frost
Compass
(312) 933-1894
6 in this area
187 Total Sales
Michigan 1400 1400 S Michigan Ave Unit 2212 Chicago, IL 60605
South Loop Neighborhood
1
Bed
1
Bath
692
Sq Ft
$441/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Corner Lot
- South Loop Elementary School Rated 9+
- Wood Flooring
- 3-minute walk to Daniel Webster Park
About This Home
As of October 2024Enjoy all South Loop has to offer in this immaculate, sun-drenched 22nd floor 1BR condo in the highly sought after Michigan Avenue Tower II building. Take in breathtaking, unobstructed, west-facing views from your high-floor private balcony. Then relish in gorgeous upgraded finishes like gleaming, dark hardwood floors through out the unit, granite counter-tops, deep rich maple cabinetry, stainless steel kitchen appliances, and in-unit washer/dryer. The freshly painted living area boasts floor-to-ceiling windows and high ceilings. A larger parking space with neighboring car on only 1 side for additional $30k, a storage unit is included in the price. 1400 S. Michigan is a full amenity building with pool, fitness room, party room, dog run, 24 hour doorman, and climate controlled garage. It is also investor friendly with onsite management and no rental cap. Walk to museums, Grant Park, Soldier Field, lakefront, Trader Joe's, Jewel, Roosevelt Collection shops/theater, fine dining, CTA, and all major expressways.
Last Agent to Sell the Property
Compass License #475122436 Listed on: 08/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,325
Year Built
- Built in 2008
HOA Fees
- $441 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Circular Driveway
- Parking Included in Price
Home Design
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- Entrance Foyer
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 257 Units
- Deanna Hicks Association, Phone Number (312) 329-8395
- Property managed by GNP MANAGEMENT GROUP
- 28-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Elevator
- Service Elevator
- Package Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2024
Closed on
Sep 14, 2024
Sold by
1400 S Michigan Rental Properties
Bought by
Slb Realty Inc
Seller's Agent
Kristine Chen Frost
Compass
Buyer's Agent
Sharon Love-Bates
SLB Realty, Inc.
List Price
$271,000
Sold Price
$290,000
Premium/Discount to List
$19,000
7.01%
Views
10
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
$13,339
Avg. Annual Appreciation
4.85%
Original Mortgage
$174,000
Outstanding Balance
$172,171
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$131,168
Purchase Details
Listed on
Jun 3, 2018
Closed on
Aug 14, 2018
Sold by
Daniel Reeba
Bought by
1400 S Michigan Rental Properties An Nin
Seller's Agent
Mike McCatty
Century 21 Circle
Buyer's Agent
Kristine Chen Frost
Compass
List Price
$318,500
Sold Price
$295,000
Premium/Discount to List
-$23,500
-7.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%
Purchase Details
Closed on
Dec 1, 2009
Sold by
1400 South Michigan Llc
Bought by
Daniel Reeba
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
4.9%
Mortgage Type
New Conventional
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 | $290,000 | Proper Title | |
| Warranty Deed | $295,000 | North American Title | |
| Special Warranty Deed | $224,000 | Git |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,000 | FHA | |
| Previous Owner | $171,000 | New Conventional | |
| Previous Owner | $179,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $290,000 | +7.0% | $419 / Sq Ft |
| 08/21/2024 08/21/24 | Pending | -- | -- | -- |
| 08/15/2024 08/15/24 | For Sale | $271,000 | 0.0% | $392 / Sq Ft |
| 07/10/2022 07/10/22 | Rented | $2,150 | +7.5% | -- |
| 06/15/2022 06/15/22 | Under Contract | -- | -- | -- |
| 06/12/2022 06/12/22 | For Rent | $2,000 | 0.0% | -- |
| 08/17/2018 08/17/18 | Sold | $295,000 | -5.0% | $426 / Sq Ft |
| 07/30/2018 07/30/18 | Pending | -- | -- | -- |
| 07/21/2018 07/21/18 | Price Changed | $310,500 | -1.6% | $449 / Sq Ft |
| 07/06/2018 07/06/18 | Price Changed | $315,500 | -0.9% | $456 / Sq Ft |
| 06/03/2018 06/03/18 | For Sale | $318,500 | -- | $460 / 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 | $5,325 | $24,757 | $1,436 | $23,321 |
| 2023 | $5,190 | $25,156 | $1,160 | $23,996 |
| 2022 | $5,190 | $25,156 | $1,160 | $23,996 |
| 2021 | $5,073 | $25,154 | $1,159 | $23,995 |
| 2020 | $5,420 | $24,332 | $949 | $23,383 |
| 2019 | $5,323 | $26,494 | $949 | $25,545 |
| 2018 | $4,555 | $26,494 | $949 | $25,545 |
| 2017 | $2,939 | $17,027 | $747 | $16,280 |
| 2016 | $2,910 | $17,027 | $747 | $16,280 |
| 2015 | $2,639 | $17,027 | $747 | $16,280 |
| 2014 | $2,590 | $16,526 | $282 | $16,244 |
Source: Public Records
Agents Affiliated with this Home
-
Kristine Chen Frost
-
Eric Frost
Seller Co-Listing Agent in 2024
Eric Frost
Compass
(312) 399-1586
1 in this area
83 Total Sales
-
Sharon Love-Bates
Buyer's Agent in 2024
Sharon Love-Bates
SLB Realty, Inc.
(708) 207-3149
1 in this area
38 Total Sales
-
Helaine Cohen
Buyer's Agent in 2022
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
(312) 953-0961
2 in this area
97 Total Sales
-
Mike McCatty
Seller's Agent in 2018
Mike McCatty
Century 21 Circle
(708) 945-2121
2 in this area
1,163 Total Sales
-
Tom Morrison
Seller Co-Listing Agent in 2018
Tom Morrison
Century 21 Circle
(708) 267-6725
64 Total Sales
About Michigan 1400
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12139010
APN: 17-22-107-080-1441
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