NOT LISTED FOR SALE

1600 S Jefferson St Unit 405 Chicago, IL 60616

East Pilsen Neighborhood

Estimated Value: $469,000 - $659,000

2 Beds
2 Baths
1,425 Sq Ft
$356/mo HOA Fee

Last Sold November 17, 2021

Last sale price $499,000 $350 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,039/month

2 Days on Market

Highlights

  • Soaking Tub
  • 4-minute walk to Halsted Station
  • 2-minute walk to Thomas Jefferson Park
  • Accessibility Features
  • Combination Dining and Living Room

About This Home

As of November 2021

Designer-quality 2-bedroom timber loft with high-end finishes in boutique elevator building. This northeast corner unit with views of the city skyline features 2 fully enclosed bedrooms with custom closets, 10ft high ceilings with floor-ceiling-windows, desirable open concept layout, hardwood floors, stainless steel appliances, granite countertops, & private balcony. A seamless blend of modern design and loft charm from the timber beams, to the exposed bricks, to the original factory door accents in the master bedroom -- you will feel immediately at home in this unique and stunning condo. Price includes storage cage and parking. This former factory was completely gutted and converted into new luxury residences in 2016; all unit features and building equipment are new from the conversion. Building features fitness room, high definition security cameras, and large 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 B ike Trail, University Village/UIC Campus, and new 78 development. Must see!

Last Agent to Sell the Property

Benjamin Lissner

Baird & Warner License #475171160 Listed on: 10/05/2021

Baird & Warner

Co-Listed By

Michael Hoover

Baird & Warner License #475170782

Last Buyer's Agent

Stephanie Fedor

Compass License #475183688

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,355

Year Built | Renovated

  • 1920 | 2016

Lot Details

  • 0.36

HOA Fees

  • $356 per month

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Additional Features

  • Combination Dining and Living Room
  • Accessibility Features

Community Details

Overview

  • 25 Units
  • Sunny Park Association, Phone Number (312) 600-9288
  • Mid-Rise Condominium
  • Property managed by Westward 360

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,355

Year Built | Renovated

1920 | 2016

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Property Sub Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2016
  • Co List Office Mls Id: MRD87120
  • Co List Office Phone: (773) 482-1917
  • Directions: Canal St to 16th St. Entrance is on 16th street.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1920
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven, Range Hood, Gas Oven
  • Has Basement: None
  • 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
  • Total Sq Ft: 0
  • Accessibility Features: Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Ceiling - 9 Foot, Ceilings - 9 Foot, Beamed Ceilings, Open Floorplan, Dining Combo
  • Dining Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony, Patio
  • Exterior Building Type: Brick,Concrete,Limestone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: Westward 360
  • Management Contact Name: Sunny Park
  • Management Phone: 312-600-9288
  • Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Park, Sundeck, Security Door Lock(s), Elevator(s), High Speed Conn.
  • Association Fee: 356
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other, Internet

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Units in Building: 25

Tax Info

  • Tax Annual Amount: 8068.81
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 17, 2021
Sold by
Patel Miral and Patel Mehul
Bought by
Frausto Antonio M
Seller's Agent
Benjamin Lissner
Baird & Warner
Buyer's Agent
Stephanie Fedor
Compass
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$560,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,766
Avg. Annual Appreciation
1.10%
Original Mortgage
$449,100
Outstanding Balance
$417,319
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$103,176
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frausto Antonio M $499,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frausto Antonio M $449,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $499,000 0.0% $350 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $499,000 0.0% $350 / Sq Ft
07/01/2016 07/01/16 Rented $3,200 0.0% --
04/21/2016 04/21/16 For Rent $3,200 -- --
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 $8,355 $48,148 $2,282 $45,866
2023 $8,145 $39,600 $1,450 $38,150
2022 $8,145 $39,600 $1,450 $38,150
2021 $7,963 $39,598 $1,449 $38,149
2020 $8,005 $35,936 $1,449 $34,487
2019 $8,069 $40,161 $1,449 $38,712
2018 $7,933 $40,161 $1,449 $38,712
2017 $8,597 $39,936 $1,224 $38,712
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11237984

Midwest Real Estate Data (MRED)

APN: 17-21-305-046-1018