NOT LISTED FOR SALE

1430 S Michigan Ave Unit PH6 Chicago, IL 60605

South Loop Neighborhood

Estimated Value: $335,000 - $460,000

2 Beds
2 Baths
1,450 Sq Ft
$570/mo HOA Fee

Last Sold February 17, 2023

Last sale price $437,000 $301 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,540/month

87 Days on Market

Highlights

  • Penthouse
  • Wood Flooring
  • Stainless Steel Appliances
  • Deck
  • Double Oven
  • 3-minute walk to Daniel Webster Park

About This Home

As of February 2023

Quiet and intimate South Loop building with a beautiful courtyard. The sprawling penthouse corner unit offers 2 bedrooms with 2 full baths, with the potentials to easily convert to be 3 bedrooms. This unit offers s split floor plan, dramatic 10' floor to ceiling windows, open layout kitchen, and an expansive living/dining room. Bright and sun-filled - this condo has oversized windows that bring in an abundance of natural light. The unit features exposures to east, south and west directions and boasts of amazing sunset/city views. Private 400 sq ft deck is perfect for summer BBQs. Chef's kitchen has high end stainless steel appliances - double oven, french door fridge, dishwasher and microwave. Split floor plan provides privacy for guests. Large master has soaking tub, separate shower, walk in closet, double vanity and washer and dryer. Guest bedroom has private balcony overlooking lush courtyard. Both bedrooms have newer ultra plush stain resistant carpet. Thermostat and furnace are newly installed and come with a 10-year warranty from a trustable professional contractor. Heated garage parking and private 6'x6' storage room (located on same floor as unit) included in price. Walk down Michigan Ave to restaurants, shops, Grant Park, Soldier Field, the Museum Campus and the lakefront path. Short walk to Jewel, Mariano's, Trader Joe's, ICON movie theater and train. This place has it all!

Last Agent to Sell the Property

Yi Xue

Kale Realty License #475172369 Listed on: 10/18/2022

Kale Realty

Last Buyer's Agent

Melissa Dondalski

@properties Christie's International Real Estate License #475162986

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,952

Year Built

  • Built in 2000

Lot Details

  • 0.81

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Penthouse

Interior Spaces

  • 1,450 Sq Ft Home
  • Dry Bar
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features
  • Doors are 32 inches wide or more
  • No Interior Steps

Outdoor Features

  • Balcony
  • Deck

Schools

  • South Loop Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Water Purifier

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
  • Deanna Hicks Association, Phone Number (312) 329-8395
  • Michigan Avenue Gardens Subdivision
  • Property managed by GNP Realty
  • 6-Story Property

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,952

Year Built

Built in 2000

Lot Details

0

HOA Fees

$570 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: Michigan Avenue Gardens
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Purifier
  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, No Interior Steps, Wheelchair Accessible
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bar-Dry, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1450
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Storage, Walk In Closet, Balcony/Porch/Lanai, Deck, Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 450000
  • Waterfront: No
  • Exterior Building Type: Brick,Glass

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 570
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty
  • Management Contact Name: Deanna Hicks
  • 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
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • 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: 6951.64
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Feb 16, 2023
Sold by
Yu Zhaokang and Yu Chaoyi
Bought by
Marschke Sean Mcbride and Wang Qi
Seller's Agent
Yi Xue
Kale Realty
Buyer's Agent
Melissa Dondalski
@properties Christie's International Real Estate
List Price
$450,000
Sold Price
$437,000
Premium/Discount to List
-$13,000
-2.89%
Views
8
Current Estimated Value
$424,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,086
Avg. Annual Appreciation
-1.19%
Original Mortgage
$349,600
Outstanding Balance
$341,163
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$83,751

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 14, 2019
Sold by
Reninger Jill C
Bought by
Yu Zhaokang and Chen Chaoyi
Seller's Agent
Jill Reninger
Compass
Buyer's Agent
Yi Xue
Kale Realty
List Price
$505,000
Sold Price
$490,000
Premium/Discount to List
-$15,000
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.21%
Original Mortgage
$392,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2015
Closed on
Sep 9, 2015
Sold by
Schoen Matthew D and Honeycutt Teryn
Bought by
Reninger Jill C
Seller's Agent
Nicole Schroeder
Midtown Realty Group LLC
Buyer's Agent
Mimi Mack
Jameson Sotheby's Intl Realty
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$372,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
Sold by
Conwell Scott M and Conwell Raquel T
Bought by
Schoen Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2001
Sold by
Michigan 1440 Llc
Bought by
Conwell Scott M and Conwell Raquel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
7.03%
Source: Public Records

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Range of Values:

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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
Marschke Sean Mcbride $437,000 None Listed On Document
Yu Zhaokang $490,000 Proper Title Llc
Reninger Jill C $465,000 Fidelity National Title
Schoen Matthew D $345,000 Pntn
Conwell Scott M $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marschke Sean Mcbride $349,600
Previous Owner Yu Zhaokang $366,000
Previous Owner Yu Zhaokang $380,000
Previous Owner Yu Zhaokang $392,000
Previous Owner Reninger Jill C $372,000
Previous Owner Schoen Matthew D $100,000
Previous Owner Schoen Matthew D $276,000
Previous Owner Schoen Matthew D $276,000
Previous Owner Conwell Scott M $136,500
Previous Owner Conwell Scott M $222,000
Previous Owner Conwell Scott M $203,920
Closed Schoen Matthew D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $437,000 -2.9% $301 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
10/18/2022 10/18/22 For Sale $450,000 -8.2% $310 / Sq Ft
08/15/2019 08/15/19 Sold $490,000 -3.0% $338 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $505,000 +8.6% $348 / Sq Ft
09/10/2015 09/10/15 Sold $465,000 -2.1% $332 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $475,000 -- $339 / Sq Ft
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 $7,342 $41,086 $8,312 $32,774
2023 $7,134 $38,000 $6,790 $31,210
2022 $7,134 $38,000 $6,790 $31,210
2021 $6,992 $37,999 $6,789 $31,210
2020 $6,952 $34,308 $5,493 $28,815
2019 $6,816 $37,355 $5,493 $31,862
2018 $6,700 $37,355 $5,493 $31,862
2017 $6,042 $31,444 $4,538 $26,906
2016 $6,298 $31,444 $4,538 $26,906
2015 $5,762 $31,444 $4,538 $26,906
2014 $4,796 $25,847 $4,060 $21,787
2013 $4,701 $25,847 $4,060 $21,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11655092

Midwest Real Estate Data (MRED)

APN: 17-22-107-060-1094