NOT LISTED FOR SALE

Estimated Value: $446,000 - $455,000

2 Beds
2 Baths
-- Sq Ft
$788/mo HOA Fee

Last Sold July 08, 2024

Last sale price $430,000

Est. 5% increase in value since last sale

Current estimated payment $3,948/month

39 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Elevator
  • Fitness Center
  • Party Room
  • Balcony

About This Home

As of July 2024

Welcome to luxury living at its finest on the prestigious Michigan Avenue! This exquisite 2-bedroom, 2-bathroom condo boasts an unrivaled location and an array of premium features sure to captivate discerning buyers. As you step inside, you're greeted by floor-to-ceiling windows that flood the space with natural light, offering breathtaking views of the vibrant cityscape. Gleaming hardwood floors grace the living areas, creating an inviting atmosphere, while plush new carpeting in the bedrooms adds warmth and comfort. The heart of this home is its open kitchen, adorned with sleek maple 42" cabinetry, elegant granite countertops, and high-end GE Profile appliances. Kohler fixtures elevate the space, ensuring both style and functionality. The spacious master bedroom includes a large ensuite bathroom featuring a luxurious soaking tub, perfect for unwinding after a long day. Convenience is key with a full-size washer and dryer discreetly tucked away in the unit. Step outside onto the expansive balcony and soak in the energy of the city below. This outdoor oasis is ideal for enjoying morning coffee or evening cocktails while taking in the bustling streetscape. Residents of this full-amenity building enjoy access to a 24-hour door staff for peace of mind, a fully equipped fitness center to maintain an active lifestyle, and a landscaped deck for outdoor relaxation. The spectacular party/club room provides the perfect setting for entertaining guests. Included in the monthly assessment are essential utilities such as heat, air conditioning, cable, internet, gas, and water, ensuring effortless living. Don't miss the opportunity to own this exceptional condo in one of Chicago's most coveted locations and experience urban luxury living at its best! Garage space #305 available for purchase at an additional $30,000.00

Last Agent to Sell the Property

Ben Lalez

Compass License #475124644 Listed on: 05/01/2024

Compass

Co-Listed By

Mark Buckner

Compass License #475154865

Last Buyer's Agent

Andrew Scheibe

Fulton Grace Realty License #475163857

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,433

Year Built

  • Built in 2007

Lot Details

  • 0.29

HOA Fees

  • $788 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Gravity Heating System
  • Lake Michigan Water

Additional Features

  • Wood Flooring

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, clubhouse, exercise facilities, exterior maintenance, scavenger
  • 130 Units
  • Liz Dolan Association, Phone Number (773) 206-2075
  • High-Rise Condominium
  • Tower 7
  • Property managed by Avenue East Condominiums
  • 27-Story Property

Amenities

  • Doorman
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,433

Year Built

Built in 2007

Lot Details

0

HOA Fees

$788 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Room Type: Other Room
  • Stories Total: 27
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 400000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Gravity Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 788
  • Association Amenities: Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Avenue East Condominiums
  • Management Contact Name: Liz Dolan
  • Management Phone: 773-206-2075
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, Clubhouse, Exercise Facilities, Exterior Maintenance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 8432.78
  • Tax Year: 2022

Multi Family

  • Units in Building: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 27, 2024
Sold by
Kraft Jeffrey K and Kraft Patricia C
Bought by
Mogatadakala Venkata
Seller's Agent
Ben Lalez
Compass
Buyer's Agent
Andrew Scheibe
Fulton Grace Realty
List Price
$400,000
Sold Price
$430,000
Premium/Discount to List
$30,000
7.5%
Views
36
Current Estimated Value
$451,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,036
Avg. Annual Appreciation
4.57%
Original Mortgage
$322,500
Outstanding Balance
$318,680
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$134,584

Purchase Details

Closed on
Sep 18, 2007
Sold by
Orange Blue Llc
Bought by
Kraft Jeffrey K and Kraft Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,930
Interest Rate
6.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mogatadakala Venkata $430,000 Chicago Title
Kraft Jeffrey K $480,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mogatadakala Venkata $322,500
Previous Owner Kraft Jeffrey K $341,000
Previous Owner Kraft Jeffrey K $336,000
Previous Owner Kraft Jeffrey K $100,000
Previous Owner Kraft Jeffrey K $335,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $430,000 +7.5% --
06/10/2024 06/10/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $400,000 0.0% --
08/27/2018 08/27/18 Rented $2,795 0.0% --
08/21/2018 08/21/18 Price Changed $2,795 -6.7% $2 / Sq Ft
08/10/2018 08/10/18 For Rent $2,995 +10.9% --
12/26/2017 12/26/17 Rented $2,700 0.0% --
12/05/2017 12/05/17 Price Changed $2,700 -3.6% $2 / Sq Ft
10/24/2017 10/24/17 Price Changed $2,800 -1.8% $3 / Sq Ft
10/17/2017 10/17/17 For Rent $2,850 -1.7% --
04/14/2017 04/14/17 Rented $2,900 0.0% --
03/29/2017 03/29/17 Price Changed $2,900 -3.3% $3 / Sq Ft
03/01/2017 03/01/17 For Rent $3,000 -- --
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 $8,650 $39,468 $1,550 $37,918
2023 $8,433 $41,000 $1,314 $39,686
2022 $8,433 $41,000 $1,314 $39,686
2021 $8,245 $40,999 $1,314 $39,685
2020 $8,948 $40,169 $964 $39,205
2019 $8,762 $43,609 $964 $42,645
2018 $8,614 $43,609 $964 $42,645
2017 $8,264 $38,390 $821 $37,569
2016 $7,689 $38,390 $821 $37,569
2015 $7,035 $38,390 $821 $37,569
2014 $6,167 $33,238 $642 $32,596
2013 $6,045 $33,238 $642 $32,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12044206

Midwest Real Estate Data (MRED)

APN: 17-10-126-011-1091