Seller's Agent in 2024
Stephanie Malmquist
Cross Street Real Estate
(815) 342-7666
2 in this area
130 Total Sales
1516 S Wabash Ave Unit 907 Chicago, IL 60605
South Loop NeighborhoodEstimated Value: $355,000 - $407,000
2
Beds
2
Baths
1,200
Sq Ft
$615/mo
HOA Fee
Highlights
- Fitness Center
- Open Floorplan
- Wood Flooring
- South Loop Elementary School Rated 9+
- Lock-and-Leave Community
- 1-minute walk to Coliseum Park
About This Home
As of April 2024Located in the heart of the South Loop, this spacious 2bed/2bath loft with soaring 11ft ceilings gives you affordable big city living. Large windows on the North and West-facing walls invite amazing light and city views from dawn 'til dusk. Updates include brand new hardwood floors throughout the living spaces and new carpet in both bedrooms. The kitchen has brand new stainless steel appliances and the entire unit was professionally painted. Primary bedroom features large walk-in closet and en suite bathroom with duel sink vanity. 2nd bedroom is sizeable and would make a perfect office or guest room. The walls in both bedrooms are floor to ceiling giving you maximum privacy with a loft feel. Enjoy a cozy night in front of the fireplace or the expansive private balcony and take in the gorgeous sunsets and lake breezes. Assigned private storage locker included. This well-maintained, pet-friendly building has a fitness room, onsite maintenance, and is conveniently located near two parks, dog park, grocery stores, restaurants, Museum Campus, Northerly Island, CTA public transportation, and the highway. One heated garage parking space available for an additional $30k.
Last Agent to Sell the Property
Cross Street Real Estate License #475168889 Listed on: 03/06/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,066
Year Built
- Built in 1921 | Remodeled in 1999
Lot Details
- 0.39
HOA Fees
- $615 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Interior Spaces
- 1,200 Sq Ft Home
- Open Floorplan
- Ceiling height of 10 feet or more
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Outdoor Features
- Balcony
Schools
- South Loop Elementary School
- Jones College Prep High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, tv/cable, exercise facilities, exterior maintenance, scavenger, internet
- 76 Units
- Kate Leth Association, Phone Number (312) 666-0149
- Landmark Lofts Subdivision
- Property managed by Hales Property Management
- Lock-and-Leave Community
- 11-Story Property
Amenities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 20, 2006
Sold by
Simon Steven M and Simon Neil W
Bought by
Mcleod John D and Lory Josette A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 26, 2003
Sold by
Brambila Noe and Restrepo Erika
Bought by
Simon Steve M and Simon Neil W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
4.87%
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sauceda Benjamin | $381,000 | Proper Title | |
| Mcleod John D | $380,000 | Chicago Title Insurance Co | |
| Simon Steve M | $258,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sauceda Benjamin | $321,000 | |
| Previous Owner | Mcleod John David | $186,000 | |
| Previous Owner | Mcleod John D | $234,400 | |
| Previous Owner | Mcleod John D | $240,000 | |
| Previous Owner | Simon Steve M | $206,400 | |
| Previous Owner | Scinto Maryann | $155,000 | |
| Previous Owner | Brambila Noe | $208,000 | |
| Closed | Simon Steve M | $38,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2024 04/15/24 | Sold | $381,000 | +9.2% | $318 / Sq Ft |
| 03/10/2024 03/10/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | For Sale | $349,000 | -- | $291 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,250 | $33,481 | $4,214 | $29,267 |
| 2023 | $7,066 | $34,249 | $3,391 | $30,858 |
| 2022 | $7,066 | $34,249 | $3,391 | $30,858 |
| 2021 | $6,907 | $34,247 | $3,390 | $30,857 |
| 2020 | $6,267 | $28,134 | $2,785 | $25,349 |
| 2019 | $6,154 | $30,632 | $2,785 | $27,847 |
| 2018 | $6,051 | $30,632 | $2,785 | $27,847 |
| 2017 | $5,492 | $25,510 | $2,300 | $23,210 |
| 2016 | $5,109 | $25,510 | $2,300 | $23,210 |
| 2015 | $4,675 | $25,510 | $2,300 | $23,210 |
| 2014 | $4,095 | $22,072 | $2,058 | $20,014 |
| 2013 | $4,014 | $22,072 | $2,058 | $20,014 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Malmquist
-
William Goldberg
Buyer's Agent in 2024
William Goldberg
Fulton Grace
(847) 373-9232
2 in this area
266 Total Sales
-
Jessica DeKruiff
Buyer Co-Listing Agent in 2024
Jessica DeKruiff
Fulton Grace
(219) 313-3010
6 in this area
99 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11937009
APN: 17-22-106-074-1074
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