NOT LISTED FOR SALE

Estimated Value: $313,000 - $320,000

2 Beds
1 Bath
922 Sq Ft
$362/mo HOA Fee

Last Sold August 14, 2023

Last sale price $287,000 $311 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,568/month

81 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Soaking Tub
  • Balcony
  • Built-In Features
  • 1-minute walk to Fred Anderson Park

About This Home

As of August 2023

Welcome to this stunning west facing condo, perfectly suited for both investment and comfortable living. Located in the heart of South Loop on the 7th floor, this beautiful unit boasts two bedrooms and one bathroom, making it an ideal home for families and young professionals alike. With its prime location just minutes away from Lake Michigan, Adler Planetarium, Shedd Aquarium, Soldier Field, and Field Museum, as well as a plethora of restaurants, entertainment options, and shopping centers, you'll have everything you need right at your fingertips. Additionally, this condo is situated in the best school system in the South Loop, making it a great choice for families with children. Inside, the unit features large floor-to-ceiling windows that offer stunning sunset views, bathing the space in natural light and creating a warm and inviting atmosphere. The building is pet-friendly, allowing up to 2 dogs, and there is even a dog park located behind the building, providing ample space for your furry friends to play. For those who require a car, deeded heated indoor parking is available for an additional $25,000. As an investor-friendly building, you'll be pleased to know that the estimated monthly rent income for this unit ranges from $2,200 to $2,400, providing a great opportunity for generating additional income. Don't miss your chance to own this incredible condo in the heart of South Loop. Schedule a showing today and experience the best of city living!

Last Agent to Sell the Property

Faye Yu

Richland Global Inc Listed on: 04/14/2023

Last Buyer's Agent

Qizhong Guan

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 2003

Lot Details

  • 1.11

HOA Fees

  • $362 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 922 Sq Ft Home
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Door Monitored By TV

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

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

Additional Features

  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, security, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 249 Units
  • Jack Beebe Association, Phone Number (773) 225-7655
  • Property managed by Forth Group
  • 12-Story Property

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,900

Year Built

Built in 2003

Lot Details

0

HOA Fees

$362 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: 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: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • LivingArea: 922
  • Room Type: No additional rooms
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Door Monitored By TV
  • List Price: 279000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 362
  • 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: 773-225-7655
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Security, Security, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 2

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 5900.28
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Aug 14, 2023
Sold by
Wu Yi and Wu Shuigen
Bought by
Salinas Esteban and Aoki-Salinas Ikuko
Seller's Agent
Faye Yu
Richland Global Inc
Buyer's Agent
Qizhong Guan
Century 21 S.G.R., Inc.
List Price
$285,000
Sold Price
$287,000
Premium/Discount to List
$2,000
0.7%
Views
107
Current Estimated Value
$316,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,560
Avg. Annual Appreciation
5.09%
Original Mortgage
$172,000
Outstanding Balance
$168,853
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$148,709

Purchase Details

Closed on
Aug 30, 2006
Sold by
1612 S Michigan Development Corp
Bought by
Tabak Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,040
Interest Rate
6.37%
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
Salinas Esteban $287,000 None Listed On Document
Tabak Steven $293,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinas Esteban $172,000
Previous Owner Tabak Steven $218,925
Previous Owner Tabak Steven $244,000
Previous Owner Tabak Steven $45,750
Previous Owner Tabak Steven $227,040
Previous Owner Tabak Steven $42,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Off Market $287,000 -- --
08/14/2023 08/14/23 Sold $287,000 +2.9% $311 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/08/2023 06/08/23 Price Changed $279,000 -2.1% $303 / Sq Ft
04/14/2023 04/14/23 For Sale $285,000 0.0% $309 / Sq Ft
03/12/2021 03/12/21 Rented $2,000 +5.3% --
03/10/2021 03/10/21 Under Contract -- -- --
01/05/2021 01/05/21 For Rent $1,900 0.0% --
05/27/2020 05/27/20 Sold $306,000 -4.3% $332 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $319,900 -1.5% $347 / Sq Ft
02/18/2020 02/18/20 For Sale $324,900 -- $352 / 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 $5,769 $27,873 $3,090 $24,783
2023 $5,623 $27,257 $2,487 $24,770
2022 $5,623 $27,257 $2,487 $24,770
2021 $5,497 $27,255 $2,486 $24,769
2020 $4,424 $22,961 $2,042 $20,919
2019 $4,334 $25,001 $2,042 $22,959
2018 $4,260 $25,001 $2,042 $22,959
2017 $2,986 $17,244 $1,687 $15,557
2016 $2,954 $17,244 $1,687 $15,557
2015 $2,679 $17,244 $1,687 $15,557
2014 $2,429 $15,661 $1,509 $14,152
2013 $2,370 $15,661 $1,509 $14,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11759660

Midwest Real Estate Data (MRED)

APN: 17-22-301-065-1126