$355,000
SOLD APR 4, 2025

1430 S Michigan Ave Unit 504 Chicago, IL 60605

South Loop Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$498/mo HOA Fee

Recently Sold

$296 Per Sq Ft

6% Above List Price

5 Days on Market

Highlights

  • Lock-and-Leave Community
  • Elevator
  • Living Room
  • Wood Flooring
  • Balcony
  • 3-minute walk to Daniel Webster Park

About This Home

As of April 2025

A beautifully refreshed 2-bedroom, 2-bathroom southeast corner condo in a boutique elevator building in Chicago's vibrant South Loop neighborhood. Perched on a top floor, the sunlit-filled, loft-inspired home offers convenient, modern living with a split-bedroom floor plan and expansive, open layout, 10-foot exposed concrete ceilings and floor-to-ceiling windows along east and south exposures. Best of all, the home is truly move-in ready with an abundance of desirable new updates, including freshly painted walls and doors, newly refinished hardwood floors, new quartz countertops and backsplash, new stainless steel kitchen appliances and new carpeting in the bedrooms. The well-equipped kitchen houses 42-inch cabinets and a substantial, newly refinished wood island-an attractive hub for meal preparation and entertaining. An open balcony hugs the living space's south wall, inviting seamless outdoor access and appealing views of Michigan Avenue and the landscaped courtyard. The comfortably sized bedrooms sit on opposite sides of the home for enhanced privacy. The primary bedroom features a walk-in closet and en-suite bathroom. There is ample storage throughout the home. Other updates include a newer HVAC and washer and dryer. One garage parking space is included in the price. Residents enjoy access to a common rooftop deck with stunning city views, perfect for relaxing or socializing. The building is professionally managed and equipped with a Butterfly Security system for entry. Live a dynamic South Loop lifestyle with unparalleled access to public transportation, grocery stores, the lakefront, Grant Park, Museum Campus, gyms, studios and an array of dining and shopping options.

Last Agent to Sell the Property

Cadey O'Leary

@properties Christie's International Real Estate License #475156224 Listed on: 02/27/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Caroline Moellering

@properties Christie's International Real Estate License #475120759

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,437

Year Built

  • Built in 2000

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Interior Spaces

  • 1,200 Sq Ft Home
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 50 Units
  • Gina Konstas Association, Phone Number (312) 633-1167
  • Property managed by GNP Realty
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,437

Year Built

Built in 2000

Lot Details

0

HOA Fees

$498 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Window Treatments
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 335000
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 498
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty
  • Management Contact Name: Gina Konstas
  • Management Phone: 312-633-1167
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • 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: NA

Tax Info

  • Tax Annual Amount: 5436.63
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Mar 31, 2025
Sold by
Jain Shivani and Dalmia Shivani
Bought by
Hornung Zachary Marc and Hornung Jacklyn Junea
Seller's Agent
Cadey O'Leary
@properties Christie's International Real Estate
Buyer's Agent
Caroline Moellering
@properties Christie's International Real Estate
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%
Views
15
Current Estimated Value
$353,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,781
Avg. Annual Appreciation
-1.22%
Original Mortgage
$302,175
Outstanding Balance
$301,152
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$52,067

Purchase Details

Listed on
Jun 28, 2018
Closed on
Aug 12, 2018
Sold by
Jatia Siddharth and Phillips Elena Jane V
Bought by
Jain Shivani
Seller's Agent
George Selas
Baird & Warner
Buyer's Agent
Sunny Shah
Baird & Warner
List Price
$349,000
Sold Price
$335,000
Premium/Discount to List
-$14,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$318,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Sienkiewicz Jacek and Rybczyk Anna
Bought by
Jatia Siddharth and Phillips Elena Jane V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2001
Sold by
Michigan 1440 Llc
Bought by
Sienkiewicz Jacek and Rybczyk Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
7.18%
Source: Public Records

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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 $355,500 Chicago Title
Warranty Deed $335,000 Chicago Title
Warranty Deed $308,000 Ticor Title Insurance
Warranty Deed $213,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $302,175 New Conventional
Previous Owner $318,250 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $246,400 Unknown
Previous Owner $15,000 Credit Line Revolving
Previous Owner $67,500 Credit Line Revolving
Previous Owner $206,250 New Conventional
Previous Owner $202,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $355,000 +6.0% $296 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $335,000 0.0% $279 / Sq Ft
12/27/2022 12/27/22 Rented $2,400 0.0% --
12/21/2022 12/21/22 Under Contract -- -- --
12/05/2022 12/05/22 Price Changed $2,400 -4.0% $2 / Sq Ft
11/21/2022 11/21/22 For Rent $2,500 0.0% --
01/04/2022 01/04/22 Rented -- -- --
12/28/2021 12/28/21 Under Contract -- -- --
10/18/2021 10/18/21 For Rent $2,500 0.0% --
08/17/2018 08/17/18 Sold $335,000 -4.0% --
07/20/2018 07/20/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $349,000 -- --
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 $5,437 $31,720 $6,417 $25,303
2023 $5,277 $29,000 $5,242 $23,758
2022 $5,277 $29,000 $5,242 $23,758
2021 $5,177 $28,998 $5,241 $23,757
2020 $5,210 $26,488 $4,241 $22,247
2019 $5,794 $28,840 $4,241 $24,599
2018 $5,018 $28,840 $4,241 $24,599
2017 $4,499 $24,276 $3,503 $20,773
2016 $4,362 $24,276 $3,503 $20,773
2015 $3,968 $24,276 $3,503 $20,773
2014 $3,226 $19,954 $3,134 $16,820
2013 $3,151 $19,954 $3,134 $16,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12297592

Midwest Real Estate Data (MRED)

APN: 17-22-107-060-1016