NOT LISTED FOR SALE

1600 S Jefferson St Unit 404 Chicago, IL 60616

East Pilsen Neighborhood

Estimated Value: $420,000 - $662,000

3 Beds
2 Baths
1,475 Sq Ft
$423/ mo HOA Fee

Last Sold July 01, 2021

Last sale price $553,000 $375 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,966/month

3 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Halsted Station
  • Lock-and-Leave Community
  • Rooftop Deck
  • Heated Floors
  • 2-minute walk to Thomas Jefferson Park

About This Home

As of July 2021

Rarely available 3-bedroom timber loft with high-end designer finishes in boutique elevator building. High floor, northeast corner unit with panoramic views of the city skyline features 3 fully enclosed bedrooms with custom closets, over 10ft high ceilings with floor-ceiling-windows, custom window treatments, hardwood floors throughout, stainless steel appliances, wine refrigerator, marble countertops, & enormous private balcony. Nothing about this condo is "cookie cutter" from the timber beams, to the exposed bricks, to the original factory door accents. Price includes a full-sized storage cage and heated garage parking. This former factory was completely gutted and converted to luxury residences in 2016; all unit features and building equipment are new from the conversion. Building features fitness room, high definition security cameras, and enormous common roof deck with skyline views. Booming East Pilsen location on cul-de-sac street immediately adjacent to Jefferson Playlot Park; short distance to Pilsen Art District proposed El Paseo Bike Trail, and 78 development. Must see!

Last Agent to Sell the Property

Benjamin Lissner

Baird & Warner License #475171160 Listed on: 05/18/2021

Baird & Warner

Co-Listed By

Michael Hoover

Baird & Warner License #475170782

Last Buyer's Agent

Heidi Eng

HEIDI H CHOW ENG License #471022901

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,580

Year Built

  • Built in 1920 | Remodeled in 2016

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $423 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Interior Spaces

  • 1,475 Sq Ft Home
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • Property is near park

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, parking, insurance, exercise facilities, scavenger, snow removal, internet
  • 25 Units
  • Sunny Park Association, Phone Number (773) 572-0880
  • Property managed by Westword 360
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Sundeck
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,580

Year Built

Built in 1920 | Remodeled in 2016

Lot Details

0.36 Acres

HOA Fees

$423 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Loft
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2016
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, 1st Floor Bedroom, 1st Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1475
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, End Unit
  • Lot Features: Cul-De-Sac, Park Adjacent
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 423
  • Association Amenities: Elevator(s), Exercise Room, 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: Westword 360
  • Management Contact Name: Sunny Park
  • Management Phone: 773-572-0880

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exercise Facilities, Scavenger, Snow Removal, Internet

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9579.92
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 29, 2021
Sold by
Exel Development Llc Series Jefferson
Bought by
Meade Peter and Kuruc Shannon
Seller's Agent
Benjamin Lissner
Baird & Warner
Buyer's Agent
Heidi Eng
HEIDI H CHOW ENG
Sold Price
$553,000
Current Estimated Value
$534,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,062
Avg. Annual Appreciation
-0.70%
Original Mortgage
$497,700
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2017
Sold by
Base Sixteen Llc
Bought by
Exel Development Llc Series Jefferson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meade Peter $553,000 Chicago Title
Exel Development Llc Series Jefferson -- Greater Illinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meade Peter $497,700
Previous Owner Exel Development Llc Series Jefferson $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $553,000 -2.6% $375 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/21/2021 05/21/21 For Sale -- -- --
05/18/2021 05/18/21 For Sale $567,900 -- $385 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $9,116 $57,166 $2,710 $54,456
2024 $9,116 $57,166 $2,710 $54,456
2023 $8,865 $46,524 $1,721 $44,803
2022 $8,865 $46,524 $1,721 $44,803
2021 $9,355 $46,523 $1,720 $44,803
2020 $9,505 $42,666 $1,720 $40,946
2019 $9,580 $47,682 $1,720 $45,962
2018 $9,419 $47,682 $1,720 $45,962
2017 $10,207 $47,415 $1,453 $45,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11091553

Midwest Real Estate Data (MRED)

APN: 17-21-305-046-1017

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