1502 S Prairie Ave Unit B Chicago, IL 60605
Central Station NeighborhoodEstimated payment $4,356/month
Total Views
519
2
Beds
2.5
Baths
1,500
Sq Ft
$383
Price per Sq Ft
Highlights
- Very Popular Property
- End Unit
- Soaking Tub
- Deck
- Stainless Steel Appliances
- 2-minute walk to Mark Twain Park
About This Home
Welcome to your move-in ready oasis in one of the South Loop's most coveted gated townhome communities! Be the envy of your neighbors living in this quiet, private courtyard-facing, two-story townhome with a massive end-unit patio. Phenomenal floor plan includes an open-concept living room with a custom wood-burning fireplace, updated kitchen with newer stainless appliances, custom island, and quartz counters. Rare layout with a powder room on the main level. Kitchen and living areas are flooded with natural light and lead to the patio with custom-designed pavers, rustic planters with arborvitae, and a hydrangea tree for privacy. This home has been substantially updated during the current owner's tenure, with all major mechanicals and appliances modernized. Spacious bedrooms on the 2nd level, both with updated en suite bathrooms. Newer in-unit laundry conveniently located on the 2nd level as well. Private 1-car garage + 1 exterior pad space included for a 2nd vehicle. High ceilings in the garage offer additional storage space. Steps to the Lake, Soldier Field, Museum Campus, three nearby parks, and Fred Anderson Dog Park. Easy access to LSD, 90/94, and red/orange/green EL lines. South Loop Elementary. Extremely pet- and kid-friendly, with 2 dog parks and a children's park just minutes away. Over $800,000 in reserves with recent community modernization projects completed. No upcoming specials, no rental restrictions. Seller needs occupancy through October 31.
Open House Schedule
-
Sunday, August 24, 202511:00 am to 1:00 pm8/24/2025 11:00:00 AM +00:008/24/2025 1:00:00 PM +00:00Add to Calendar
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,314
Year Built
- Built in 1998
Lot Details
- End Unit
HOA Fees
- $613 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- On-Street Parking
- Parking Included in Price
- Assigned Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Window Screens
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Soaking Tub
Laundry
- Laundry Room
- Laundry in Bathroom
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 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
- 88 Units
- Aida Association, Phone Number (312) 564-0400
- Property managed by The Building Group
Recreation
- Park
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Map
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
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 | $7,315 | $48,599 | $25,906 | $22,693 |
| 2023 | $7,108 | $37,872 | $20,856 | $17,016 |
| 2022 | $7,108 | $37,872 | $20,856 | $17,016 |
| 2021 | $6,967 | $37,871 | $20,856 | $17,015 |
| 2020 | $6,922 | $34,173 | $15,367 | $18,806 |
| 2019 | $7,452 | $37,092 | $15,367 | $21,725 |
| 2018 | $7,327 | $37,092 | $15,367 | $21,725 |
| 2017 | $8,104 | $37,647 | $12,623 | $25,024 |
| 2016 | $7,540 | $37,647 | $12,623 | $25,024 |
| 2015 | $6,899 | $37,647 | $12,623 | $25,024 |
| 2014 | $5,352 | $28,843 | $11,662 | $17,181 |
| 2013 | $5,246 | $28,843 | $11,662 | $17,181 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $575,000 | +16.9% | $383 / Sq Ft |
| 04/01/2021 04/01/21 | Sold | $492,000 | -1.6% | $328 / Sq Ft |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- |
| 01/07/2021 01/07/21 | For Sale | $500,000 | +17.6% | $333 / Sq Ft |
| 10/17/2014 10/17/14 | Sold | $425,000 | -2.3% | $283 / Sq Ft |
| 09/19/2014 09/19/14 | Pending | -- | -- | -- |
| 09/08/2014 09/08/14 | Price Changed | $435,000 | -4.4% | $290 / Sq Ft |
| 08/14/2014 08/14/14 | Price Changed | $455,000 | -2.2% | $303 / Sq Ft |
| 07/31/2014 07/31/14 | For Sale | $465,000 | -- | $310 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $492,000 | Chicago Title | |
| Warranty Deed | $425,000 | St | |
| Warranty Deed | $351,000 | Cti | |
| Interfamily Deed Transfer | -- | Cti | |
| Warranty Deed | $430,000 | Stewart Title Of Illinois | |
| Warranty Deed | $367,000 | 1St American Title | |
| Warranty Deed | $207,000 | -- | |
| Warranty Deed | $207,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $492,000 | New Conventional | |
| Previous Owner | $310,000 | New Conventional | |
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $263,250 | New Conventional | |
| Previous Owner | $279,000 | Unknown | |
| Previous Owner | $280,000 | Unknown | |
| Previous Owner | $293,600 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $140,350 | Unknown | |
| Previous Owner | $80,000 | No Value Available | |
| Closed | $36,700 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12445551
APN: 17-22-109-138-1056
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