$218,500
SOLD JUN 16, 2025

1440 S Michigan Ave Unit 521 Chicago, IL 60605

South Loop Neighborhood
1 Bed
1 Bath
-- Sq Ft
$357/mo HOA Fee

Recently Sold

9% Above List Price

2 Days on Market

Highlights

  • Rooftop Deck
  • Open Floorplan
  • Wood Flooring
  • South Loop Elementary School Rated 9+
  • Lock-and-Leave Community
  • 4-minute walk to Fred Anderson Park

About This Home

As of June 2025

Perfectly positioned in the heart of the South Loop, this concrete loft overlooks a lovely landscaped courtyard and is close to everything you love about this vibrant neighborhood. This quiet top floor loft has concrete between floors and ceilings and only 1 shared wall, so you won't hear your neighbors, and a desired open concept layout, hardwood floors, high ceilings, and balcony for grilling. The kitchen has stainless steel appliances, granite counters and peninsula for barstools. A fully enclosed bedroom for privacy has floor-to-ceiling windows with alcove for home office overlooking the lovely landscaped courtyard. Full bathroom with deep soaking tub/shower, coat closet and in-unit laundry are off the foyer. Enjoy the convenience of an elevator to a furnished common roof deck, extra storage, and professional management in this well run building with strong reserves. Low HOAs for South Loop: $282.50 condo assessment + $74.24 Comcast cable + internet = $356.74 total. Updates include New Paint 2025, W/D 2023, refrigerator 2023, dishwasher 2018, HVAC 2017. This home has an iconic Michigan Ave address but entry level price point - ideal for your first home or an affordable in-town second home. You'll love this location close to the lakefront, Museum Campus, Soldier Field, Grant Park, festivals, Fred Anderson dog park, with Michigan Ave bus line right outside and 3 blocks to Roosevelt train station with red, orange and green lines, multiple grocery stores, restaurants and shopping a short walk away.

Last Agent to Sell the Property

Janelle Dennis

@properties Christie's International Real Estate License #475130075 Listed on: 04/24/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Julia Leon

KOMAR License #475200043

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 2000

HOA Fees

  • $357 Monthly HOA Fees

Home Design

  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Open Floorplan
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Courtyard
  • Rooftop Deck

Schools

  • South Loop Elementary School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 100 Units
  • Gina Konstas Association, Phone Number (312) 329-8395
  • Mid-Rise Condominium
  • Property managed by GNP Partners
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Sundeck
  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,320

Year Built

Built in 2000

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,Mid Rise (4-6 Stories)
  • 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
  • New Construction Y/N: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Open Floorplan
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Glass, Concrete
  • ExteriorFeatures: Balcony, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 200000
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 357
  • Association Amenities: Elevator(s), Storage, Sundeck, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Partners
  • Management Contact Name: Gina Konstas
  • Management Phone: 312-329-8395

Fee Information

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

Schools

  • Elementary School: South Loop Elementary School
  • Middle/Junior School: South Loop Elementary School
  • 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: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3320.01
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jun 18, 2025
Sold by
Walsh Michael J
Bought by
Navoichyk Artsiom and Navoichyk Katherine
Seller's Agent
Janelle Dennis
@properties Christie's International Real Estate
Buyer's Agent
Julia Leon
KOMAR
List Price
$200,000
Sold Price
$218,500
Premium/Discount to List
$18,500
9.25%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$174,800
Outstanding Balance
$174,653
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$44,008

Purchase Details

Closed on
May 16, 2005
Sold by
Piccolo Kevin M
Bought by
Walsh Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2001
Sold by
Michigan 1440 Llc
Bought by
Piccolo Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.91%
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 Type Sale Price Title Company
Warranty Deed $218,500 None Listed On Document
Warranty Deed $211,500 Multiple
Warranty Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $174,800 New Conventional
Previous Owner $157,000 Unknown
Previous Owner $169,200 Unknown
Previous Owner $138,500 Unknown
Previous Owner $21,500 Credit Line Revolving
Previous Owner $136,000 Unknown
Previous Owner $133,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $218,500 +9.3% --
04/27/2025 04/27/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $200,000 -- --
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 $3,320 $21,147 $4,278 $16,869
2023 $3,214 $19,000 $3,495 $15,505
2022 $3,214 $19,000 $3,495 $15,505
2021 $3,160 $18,999 $3,494 $15,505
2020 $3,243 $17,658 $2,827 $14,831
2019 $3,174 $19,226 $2,827 $16,399
2018 $3,119 $19,226 $2,827 $16,399
2017 $2,757 $16,183 $2,335 $13,848
2016 $2,741 $16,183 $2,335 $13,848
2015 $2,485 $16,183 $2,335 $13,848
2014 $1,991 $13,302 $2,089 $11,213
2013 $1,941 $13,302 $2,089 $11,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12338248

Midwest Real Estate Data (MRED)

APN: 17-22-107-060-1084