NOT LISTED FOR SALE

1430 S Michigan Ave Unit 205 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $327,000 - $425,000

2 Beds
2 Baths
-- Sq Ft
$518/mo HOA Fee

Last Sold February 28, 2023

Last sale price $355,000

Est. 10% increase in value since last sale

Current estimated payment $3,182/month

4 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Elevator
  • Open Floorplan
  • End Unit
  • 3-minute walk to Daniel Webster Park

About This Home

As of February 2023

Spectacular, light-filled 2Bed/2Bath home in an intimate South Loop building with a MASSIVE PRIVATE TERRACE! Open concept floor plan offers floor to ceiling windows, high ceilings, and gleaming hardwood floors throughout the entire unit. The kitchen will inspire your inner chef featuring granite countertops, stainless steel appliances, ample storage space, and expansive island with room for seating. This is the place to entertain especially during the warmer months, on your very own private terrace which can fit all of your guests. Large primary bedroom has ensuite bath with soaking tub, separate shower, great closet space, and washer and dryer. Guest bedroom is very generous in size and second full bath right down the hall. 2 garage parking spaces additional 30k per spot. Additional storage included in price. Amazing location! Close to Museum Park, restaurants, shopping, transportation, the lake, and everything the South Loop has to offer! Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around. Watch a Custom Drone Video Tour, Click on Video Button!

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 01/02/2023

Last Buyer's Agent

Leyla Khanahmad

Kale Realty License #475198890

Kale Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,186

Year Built

  • Built in 2000

Lot Details

  • End Unit

HOA Fees

  • $518 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Ceiling height of 10 feet or more
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Exterior Lighting

Schools

  • South Loop Elementary School
  • Phillips Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 100 Units
  • Dhicks@Gnprealty.Com Association, Phone Number (312) 329-8395
  • Property managed by GNP Realty
  • 9-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,186

Year Built

Built in 2000

Lot Details

0

HOA Fees

$518 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Ceiling - 10 Foot, Open Floorplan
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 9
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens, End Unit, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Lot Features: Outdoor Lighting, Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Brick,Block,Glass

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 518
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, On Site Manager/Engineer, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty
  • Management Contact Name: dhicks@gnprealty.com
  • Management Phone: 312-329-8395
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School: South Loop Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6185.62
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Feb 28, 2023
Sold by
Li Xue Yin and Li Jonas
Bought by
Jensen Taylor
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Leyla Khanahmad
Kale Realty
List Price
$325,000
Sold Price
$355,000
Premium/Discount to List
$30,000
9.23%
Views
7
Current Estimated Value
$389,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,706
Avg. Annual Appreciation
3.17%
Original Mortgage
$319,500
Outstanding Balance
$310,257
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$73,414

Purchase Details

Closed on
Nov 6, 2000
Sold by
Michigan 1440 Llc
Bought by
Li Xue Yin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
Jensen Taylor $355,000 Chicago Title
Li Xue Yin $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Taylor $319,500
Previous Owner Li Xue Yin $134,805
Previous Owner Li Li Xue Yin Xue Yin $155,891
Previous Owner Li Xue Yin $175,000
Previous Owner Li Xue Yin $186,600
Previous Owner Li Xue Yin $100,000
Previous Owner Li Xue Yin $131,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $355,000 +9.2% --
01/07/2023 01/07/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $325,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,495 $36,856 $7,456 $29,400
2023 $6,309 $34,000 $6,091 $27,909
2022 $6,309 $34,000 $6,091 $27,909
2021 $6,186 $33,999 $6,090 $27,909
2020 $6,165 $30,777 $4,928 $25,849
2019 $6,044 $33,510 $4,928 $28,582
2018 $5,941 $33,510 $4,928 $28,582
2017 $5,345 $28,206 $4,070 $24,136
2016 $5,149 $28,206 $4,070 $24,136
2015 $4,688 $28,206 $4,070 $24,136
2014 $3,825 $23,186 $3,642 $19,544
2013 $3,739 $23,186 $3,642 $19,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11693608

Midwest Real Estate Data (MRED)

APN: 17-22-107-060-1017