NOT LISTED FOR SALE

1620 S Michigan Ave, Unit 406 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $351,000 - $370,000

2 Beds
2 Baths
1,050 Sq Ft
$459/mo HOA Fee

Last Sold May 15, 2024

Last sale price $327,500 $312 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,941/month

40 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Elevator
  • Balcony
  • 1-minute walk to Fred Anderson Park

About This Home

As of May 2024

Nice 4th floor unit in desirable Michigan Avenue building. Very open living room, dining room and kitchen area. There is a master bedroom with bath and walk in closet with organizers. Full 2nd bedroom(not lofted). Two baths. Full size windows provide a great view and a balcony for summer enjoyment! New HVAC 2019. Very secure building. Walking distance to shopping, several Restaurants, dog parks, bars and other entertainment venues! DEEDED PARKING SPACE INCLUDED IN PRICE! South wall, where TV was, will be patched before closing.

Last Agent to Sell the Property

Jim Griseto

Roppolo Realty, Inc. License #471011051 Listed on: 02/22/2024

Co-Listed By

Nicholas Griseto

Roppolo Realty, Inc. License #475193355

Last Buyer's Agent

David Taylor

@properties Christie's International Real Estate License #471021291

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,223

Year Built

  • Built in 2003

Lot Details

  • 1.11

HOA Fees

  • $459 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,050 Sq Ft Home
  • Ceiling height of 10 feet or more
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 249 Units
  • Jack Beebe Association, Phone Number (312) 379-0400
  • Property managed by Forth Group
  • 12-Story Property

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,223

Year Built

Built in 2003

Lot Details

0

HOA Fees

$459 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Ceiling - 10 Foot
  • LivingArea: 1050
  • Room Type: No additional rooms
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 339000
  • Waterfront: No
  • Exterior Building Type: Brick,Glass

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
  • Association Fee: 459
  • Association Amenities: Elevator(s), On Site Manager/Engineer
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: Jack Beebe
  • Management Phone: 312-379-0400X104
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17223010651406
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6222.86
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 15, 2024
Sold by
Griseto Samantha and Kosiyachinda Samantha
Bought by
Ngundji Alex
Seller's Agent
Jim Griseto
Roppolo Realty, Inc.
Buyer's Agent
David Taylor
@properties Christie's International Real Estate
List Price
$349,000
Sold Price
$327,500
Premium/Discount to List
-$21,500
-6.16%
Views
80
Current Estimated Value
$364,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,575
Avg. Annual Appreciation
8.28%
Original Mortgage
$317,675
Outstanding Balance
$314,156
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$48,437

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 22, 2016
Sold by
Mickler Heather M and Mickler Jeremy L
Bought by
Kosiyachinda Samantha
Seller's Agent
Jeanette Nieves
RCI Realty LLC
Buyer's Agent
Jiranan Skolba
Hometown Real Estate
List Price
$322,000
Sold Price
$320,000
Premium/Discount to List
-$2,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$256,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
The Bank Of New York Mellon
Bought by
Mickler Heather M and Mickler Jeremy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,624
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2009
Sold by
Agosto Michael
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 23, 2006
Sold by
1612 S Michigan Development Corp
Bought by
Agosto Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,820
Interest Rate
7.75%
Mortgage Type
New Conventional
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
Ngundji Alex $327,500 None Listed On Document
Ngundji Alex $327,500 None Listed On Document
Kosiyachinda Samantha $320,000 Heritage Title Company
Mickler Heather M $254,000 Forum Title Insurance Co
The Bank Of New York Mellon -- None Available
Agosto Michael $331,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngundji Alex $317,675
Closed Ngundji Alex $317,675
Previous Owner Kosiyachinda Samantha $237,000
Previous Owner Kosiyachinda Samantha $256,000
Previous Owner Mickler Heather M $244,693
Previous Owner Mickler Heather M $250,624
Previous Owner Agosto Michael $296,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $327,500 -3.4% $312 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $339,000 -2.9% $323 / Sq Ft
02/22/2024 02/22/24 For Sale $349,000 +9.1% $332 / Sq Ft
06/22/2016 06/22/16 Sold $320,000 -0.6% $305 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $322,000 -- $307 / 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 $5,984 $31,650 $3,509 $28,141
2023 $5,810 $31,584 $2,824 $28,760
2022 $5,810 $31,584 $2,824 $28,760
2021 $5,698 $31,582 $2,823 $28,759
2020 $5,117 $26,072 $2,319 $23,753
2019 $5,015 $28,389 $2,319 $26,070
2018 $5,608 $28,389 $2,319 $26,070
2017 $4,215 $19,581 $1,915 $17,666
2016 $3,422 $19,581 $1,915 $17,666
2015 $3,588 $19,581 $1,915 $17,666
2014 $3,300 $17,784 $1,714 $16,070
2013 $3,234 $17,784 $1,714 $16,070
Source: Public Records

Agents Affiliated with this Home

  • Jim Griseto

    Seller's Agent in 2024

    Jim Griseto

    Roppolo Realty, Inc.

    (847) 830-1693

    1 in this area

    63 Total Sales

    Jim Griseto
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    Nicholas Griseto

    Roppolo Realty, Inc.

    (847) 807-9007

    1 in this area

    5 Total Sales

    Nicholas Griseto
    Section Image
  • David Taylor

    Buyer's Agent in 2024

    David Taylor

    @ Properties

    (847) 868-0339

    3 in this area

    99 Total Sales

    David Taylor
    Section Image

  • J

    Seller's Agent in 2016

    Jeanette Nieves

    RCI Realty LLC

    (773) 474-0234

    Jeanette Nieves
    Section Image
  • Jiranan Skolba

    Buyer's Agent in 2016

    Jiranan Skolba

    Hometown Real Estate

    (708) 261-3602

    18 Total Sales

    Jiranan Skolba
    Section Image
See All Agents

About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981435

Midwest Real Estate Data (MRED)

APN: 17-22-301-065-1032

Illinois Cook County Chicago 60616 South Loop

1620 S Michigan Ave Unit 406, Chicago, IL

This home is located at 1620 S Michigan Ave Unit 406, Chicago, IL 60616 since 22 February 2024 and is currently estimated at $364,075, approximately $346 per square foot. This property was built in 2003. 1620 S Michigan Ave Unit 406 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Perspectives Chtr - Joslin Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes