Landlord's Agent in 2025
Chih-Hao Yang
Fulton Grace
(217) 819-8009
9 in this area
137 Total Sales
Michigan 1400 1400 S Michigan Ave Unit 500 Chicago, IL 60605
South Loop Neighborhood
--
Bed
1
Bath
650
Sq Ft
0.68
Acres
Highlights
- Doorman
- Open Floorplan
- Community Pool
- Fitness Center
- Wood Flooring
- 3-minute walk to Daniel Webster Park
About This Home
As of January 2025New price! 12-month lease for $1750, 18-month lease for $1700. Welcome to 1400 S Michigan Ave, Unit 500! This spacious, east-facing studio is available for rent now. The rent includes cooking gas, heat, air conditioning, water, access to the pool, trash service, a 24-hour doorman, exercise facilities, cable, and one storage locker S258. Inside, you'll find two outdoor balconies on either side of the living room, stainless steel appliances (including a dishwasher, microwave, gas cooktop, fridge, and garbage disposal), hardwood floors in the main living area, granite countertops, ample closet space, and an in-unit washer and dryer. Window shades are also included, making this a perfect move-in ready space. This full-amenity building offers a 24-hour doorman, an outdoor pool, a sundeck, and a party room on the 7th floor. Additionally, the exercise room and storage are conveniently located in the basement. Just steps away from public transportation, the lakefront, museum campus, and an array of restaurants and shopping options, this unit offers both comfort and convenience. Requirements : monthly incomes combined have to show 3 times the rent $1750x 3= $5250 before taxes. Credit score 700 or higher required. No previous eviction records and bankruptcy. No pets.
Last Agent to Rent the Property
Fulton Grace Realty License #471021199 Listed on: 11/07/2024
Last Renter's Agent
Non Member
NON MEMBER
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $3,931
Year Built
- Built in 2008
Lot Details
- 0.68
Home Design
- Studio
Interior Spaces
- 1 Full Bathroom
- 650 Sq Ft Home
- Open Floorplan
- Blinds
- Family Room
- Combination Dining and Living Room
- Storage
- Home Gym
- Wood Flooring
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Property Available on 11/7/24
- Rent includes cable TV, gas, heat, water, pool, scavenger, doorman, exterior maintenance, lawn care, storage lockers, snow removal, air conditioning
- 12 Month Lease Term
Community Details
Overview
- 257 Units
- Gina Konstas Association, Phone Number (312) 663-1167
- High-Rise Condominium
- Property managed by gkonstas@gnprealty.com
- 28-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Elevator
- Service Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Sep 4, 2024
Sold by
Tomson Tamar
Bought by
Yu Zhe and Liu Xuean
Seller's Agent
Rebecca Eden
Fulton Grace Realty
Buyer's Agent
Chih-Hao Yang
Fulton Grace Realty
List Price
$249,999
Sold Price
$197,000
Premium/Discount to List
-$52,999
-21.2%
Views
57
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
$20,348
Avg. Annual Appreciation
8.32%
Original Mortgage
$147,750
Outstanding Balance
$146,988
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$66,057
Purchase Details
Listed on
May 25, 2022
Closed on
Aug 16, 2022
Sold by
Buckley Timothy R and Buckley Roger N
Bought by
Tomson Tamar
Seller's Agent
Wesley Walker
Compass
Buyer's Agent
Wesley Walker
Compass
List Price
$219,000
Sold Price
$240,000
Premium/Discount to List
$21,000
9.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.58%
Purchase Details
Closed on
Dec 28, 2019
Sold by
Buckley Timothy
Bought by
Buckley Timothy and Voegele Roger N
Purchase Details
Listed on
Jan 8, 2016
Closed on
Mar 28, 2016
Sold by
Blossom Michael A
Bought by
Buckley Timothy
Seller's Agent
Jim Psyhogios
Baird & Warner
Buyer's Agent
Wesley Walker
Compass
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%
Original Mortgage
$168,000
Interest Rate
3.87%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yu Zhe | $197,000 | Chicago Title | |
| Tomson Tamar | $240,000 | Fidelity National Title | |
| Buckley Timothy | -- | None Available | |
| Buckley Timothy | $210,000 | Premier Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yu Zhe | $147,750 | |
| Previous Owner | Buckley Timothy | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2025 01/29/25 | Rented | $1,750 | 0.0% | -- |
| 01/23/2025 01/23/25 | Under Contract | -- | -- | -- |
| 11/13/2024 11/13/24 | Price Changed | $1,750 | -1.4% | $3 / Sq Ft |
| 11/07/2024 11/07/24 | For Rent | $1,775 | 0.0% | -- |
| 09/06/2024 09/06/24 | Sold | $197,000 | -10.5% | $308 / Sq Ft |
| 07/21/2024 07/21/24 | Pending | -- | -- | -- |
| 06/10/2024 06/10/24 | Price Changed | $219,999 | -4.3% | $344 / Sq Ft |
| 05/21/2024 05/21/24 | Price Changed | $229,999 | -8.0% | $359 / Sq Ft |
| 03/01/2024 03/01/24 | For Sale | $249,999 | +4.2% | $391 / Sq Ft |
| 09/22/2022 09/22/22 | Sold | $240,000 | +9.6% | $393 / Sq Ft |
| 06/29/2022 06/29/22 | Pending | -- | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $219,000 | +4.3% | $359 / Sq Ft |
| 03/28/2016 03/28/16 | Sold | $210,000 | -4.1% | $344 / Sq Ft |
| 02/22/2016 02/22/16 | Pending | -- | -- | -- |
| 02/10/2016 02/10/16 | Price Changed | $219,000 | -4.4% | $359 / Sq Ft |
| 01/08/2016 01/08/16 | For Sale | $229,000 | -- | $375 / 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 | $3,931 | $18,374 | $1,066 | $17,308 |
| 2023 | $3,832 | $18,574 | $861 | $17,713 |
| 2022 | $3,832 | $18,574 | $861 | $17,713 |
| 2021 | $3,746 | $18,572 | $860 | $17,712 |
| 2020 | $4,023 | $18,058 | $704 | $17,354 |
| 2019 | $3,950 | $19,662 | $704 | $18,958 |
| 2018 | $3,884 | $19,662 | $704 | $18,958 |
| 2017 | $2,720 | $12,636 | $554 | $12,082 |
| 2016 | $2,531 | $12,636 | $554 | $12,082 |
| 2015 | $2,315 | $12,636 | $554 | $12,082 |
| 2014 | $2,275 | $12,264 | $209 | $12,055 |
Source: Public Records
Agents Affiliated with this Home
-
Chih-Hao Yang
-
N
Tenant's Agent in 2025
Non Member
NON MEMBER
-
Rebecca Eden
Seller's Agent in 2024
Rebecca Eden
Fulton Grace
(312) 505-0355
1 in this area
3 Total Sales
-
Wesley Walker
Seller's Agent in 2022
Wesley Walker
Compass
(312) 804-2933
4 in this area
35 Total Sales
-
J
Seller's Agent in 2016
Jim Psyhogios
Baird Warner
About Michigan 1400
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12205654
APN: 17-22-107-080-1007
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