$460,000
SOLD MAY 18, 2016

1502 S Prairie Ave Unit M Chicago, IL 60605

Central Station Neighborhood
2 Beds
2 Baths
1,500 Sq Ft
$400/mo HOA Fee

Recently Sold

$307 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Breakfast Bar
  • Steam Shower
  • Attached Garage
  • 2-minute walk to Mark Twain Park

About This Home

As of June 2024

Live the South Loop Life! A great neighborhood feel while living in the city, this gated community townhome is move-in ready and priced to sell! Been waiting for something that meets all your needs? Then look no further! Nice open layout with true chef's kitchen that boasts open kitchen w/ s/s appliances, plenty of cabinet space, and a large kitchen island. Living room has beautiful hardwood floors, fireplace, and an extra large balcony! Just in time for grill season and useful for dogs! Spacious master suite w/ master bath that has steam shower! In unit laundry. One car garage w/ bonus tandem exterior space. Take a Virtual Reality Walk through, click VIRTUAL TOUR BUTTON, and walk around! Close to everything the South Look has to offer including Grant Park, Solider Field, Lake Michigan, and public transportation!

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 04/04/2016

Last Buyer's Agent

Brian Cargerman

@properties Christie's International Real Estate License #475160198

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,916

Year Built

  • 1996

HOA Fees

  • $400 per month

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Gas Log Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Steam Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Patio
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,916

Year Built

1996

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Steam Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X08, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1500
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Storms/Screens
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 400
  • Management Contact Name: Jack Beebe
  • Management Phone: 312-379-0400

Fee Information

  • Management Company: Forth Group

Schools

  • School District: 299
  • Elementary School: SOUTH LOOP ELEMENTARY SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17221091381068

Multi Family

  • Total Number Unitsin Building: 88
  • Number Stories: 2

Tax Info

  • Taxes: 5089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 4, 2024
Sold by
Clark Deon and Clark Elizabeth
Bought by
Burns Laura
Seller's Agent
Nadine Ferrata
Compass
Buyer's Agent
Julie Chesne
Compass
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Views
12
Current Estimated Value
$554,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,453
Avg. Annual Appreciation
-0.85%

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 24, 2021
Sold by
Zerkle Jacob L and Zerkle Elisabeth K
Bought by
Clark Deon and Clark Elizabeth
Seller's Agent
Nicholas Rendleman
Real Broker LLC
Buyer's Agent
Zeke Morris
Exit Strategy Realty / EMA Management
Sold Price
$499,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$374,992
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 14, 2018
Sold by
Starkovich Alexandra E and Starkovich Cory A
Bought by
Zerkle Jacob L and Zerkle Elisabeth K
Seller's Agent
Nycholle Brown
Keller Williams Preferred Realty
Buyer's Agent
Nicholas Rendleman
Real Broker LLC
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
Original Mortgage
$460,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 17, 2016
Sold by
Mueller Ryan and Mcnamara Danielle
Bought by
Starkovich Cory A and Starkovich Alexandra E
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Brian Cargerman
@properties Christie's International Real Estate
List Price
$439,724
Sold Price
$460,000
Premium/Discount to List
$20,276
4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$356,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 14, 2012
Sold by
Edwards Twana
Bought by
Mueller Ryan and Mcnamara Danielle
Seller's Agent
Ellen Donnelly
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Matt Laricy
List Price
$367,000
Sold Price
$360,000
Premium/Discount to List
-$7,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$288,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Edwards Twana
Bought by
Edwards Twana and Twana Edwards Revocable Trust

Purchase Details

Closed on
Nov 23, 2004
Sold by
Barnett Carol A and Davis Carol Barnett
Bought by
Edwards Twana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 1995
Sold by
Mcl Central Station Ltd Partnership
Bought by
Barnett Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,700
Interest Rate
8.12%
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 $560,000 None Listed On Document
Warranty Deed $500,000 Chicago Title
Warranty Deed $485,000 First American Title
Warranty Deed $460,000 Attorney
Warranty Deed $360,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $367,000 --
Warranty Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $374,992 New Conventional
Previous Owner $455,000 New Conventional
Previous Owner $456,000 Adjustable Rate Mortgage/ARM
Previous Owner $460,750 Adjustable Rate Mortgage/ARM
Previous Owner $356,000 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $271,000 Unknown
Previous Owner $293,600 Unknown
Previous Owner $194,700 No Value Available
Closed $36,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $560,000 +1.8% $373 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $550,000 +10.0% $367 / Sq Ft
07/12/2021 07/12/21 Sold $499,990 0.0% $333 / Sq Ft
05/11/2021 05/11/21 For Sale -- -- --
05/10/2021 05/10/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $499,900 +3.1% $333 / Sq Ft
04/16/2018 04/16/18 Sold $485,000 -2.0% $323 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $495,000 +7.6% $330 / Sq Ft
05/18/2016 05/18/16 Sold $460,000 +4.6% $307 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $439,724 +22.1% $293 / Sq Ft
09/21/2012 09/21/12 Sold $360,000 -1.9% $240 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $367,000 -- $245 / 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 $6,916 $46,217 $24,636 $21,581
2023 $6,719 $35,988 $19,834 $16,154
2022 $6,719 $35,988 $19,834 $16,154
2021 $7,258 $35,986 $19,833 $16,153
2020 $7,240 $32,498 $14,614 $17,884
2019 $7,087 $35,274 $14,614 $20,660
2018 $6,968 $35,274 $14,614 $20,660
2017 $7,707 $35,801 $12,004 $23,797
2016 $7,171 $35,801 $12,004 $23,797
2015 $6,560 $35,801 $12,004 $23,797
2014 $5,089 $27,430 $11,091 $16,339
2013 $4,989 $27,430 $11,091 $16,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09184240

Midwest Real Estate Data (MRED)

APN: 17-22-109-138-1068