NOT LISTED FOR SALE

1620 S Michigan Ave, Unit 901 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $360,000 - $433,000

2 Beds
2 Baths
-- Sq Ft
$473/mo HOA Fee

Last Sold March 31, 2023

Last sale price $380,000

Est. 4% increase in value since last sale

Current estimated payment $3,202/month

14 Days on Market

Highlights

  • Lock-and-Leave Community
  • End Unit
  • Stainless Steel Appliances
  • Wood Flooring
  • Elevator
  • 1-minute walk to Fred Anderson Park

About This Home

As of March 2023

Pristine condition luxury NW corner 9th floor condo features awesome views of city and lakefront. Drenched with sunshine from 10' floor-to-ceiling windows thru-out the unit. Open floor-plan design maximizes livable space and includes city views from all rooms. Enjoy the Chicago air show and Navy pier fireworks from 27' north facing balcony with views north, west and east. Chef's kitchen is in excellent condition and features granite countertops, backsplash, SS appliances, 42' cabinets and breakfast bar. Desirable split-bedroom design, spacious primary suite with large walk-in closet and full bathroom with double sinks and shower/tub combo. Both bedrooms fully enclosed. Convenient in-unit laundry adjacent to 2nd bedroom. Premium deeded garage parking space available for additional $25k. Parking space allows for bike storage. Walking distance to loop, lakefront, CTA, Metra, Museum Campus, Soldier Field, lakefront trails, parks, fine dining and shopping. Nearby groceries include Trader Joe's, Mariano's, Jewel and Whole foods. Fred Anderson park & dog run adjacent to building. Blocks away from a wide range of top-rated schools including South Loop Elementary, Old St Mary's and Jones College Prep. Assessments include all building maintenance, heating, A/C, internet, cable and parking. Building is very well maintained and has excellent reserves.

Last Agent to Sell the Property

William Wenthen

WDW Properties License #471011236 Listed on: 02/02/2023

Last Buyer's Agent

Margaret Williams

@properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,066

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Deeded Parking Sold Separately

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

Schools

  • South Loop Elementary School
  • Phillips Academy High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 249 Units
  • Jack Beebe Association, Phone Number (312) 212-0904
  • Property managed by Forth Group
  • Lock-and-Leave Community
  • 12-Story Property

Amenities

  • Elevator
  • Service Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 90 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,066

Year Built

Built in 2006

Lot Details

0

HOA Fees

$473 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Year Built: 2006
  • 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: 12

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Room Type: No additional rooms
  • Stories Total: 12
  • 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

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • List Price: 375000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 25000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 473
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), On Site Manager/Engineer, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: Jack Beebe
  • Management Phone: 312-212-0904
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School: South Loop Elementary School
  • Middle/Junior School District: 299
  • Junior High/Middle School #2: Jones College Prep High School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 90

Tax Info

  • Tax Annual Amount: 7065.61
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 21, 2023
Sold by
Strzelczak Tomasz
Bought by
Vishnubhatla Varun
Seller's Agent
William Wenthen
WDW Properties
Buyer's Agent
Margaret Williams
@properties
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
24
Current Estimated Value
$393,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,803
Avg. Annual Appreciation
0.99%
Original Mortgage
$345,800
Outstanding Balance
$337,045
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$52,048

Purchase Details

Closed on
Sep 14, 2006
Sold by
1612 S Michigan Development Corp
Bought by
Strzelczak Tomasz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,089
Interest Rate
8.92%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Vishnubhatla Varun $380,000 Chicago Title
Strzelczak Tomasz $336,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vishnubhatla Varun $345,800
Previous Owner Strzelczak Tomasz $304,000
Previous Owner Strzelczak Tomasz $302,089
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $380,000 +1.3% --
02/17/2023 02/17/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $375,000 -- --
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 $6,993 $32,784 $3,635 $29,149
2023 $6,816 $33,035 $2,925 $30,110
2022 $6,816 $33,035 $2,925 $30,110
2021 $6,662 $33,033 $2,924 $30,109
2020 $6,016 $27,006 $2,402 $24,604
2019 $5,908 $29,405 $2,402 $27,003
2018 $5,808 $29,405 $2,402 $27,003
2017 $4,366 $20,282 $1,984 $18,298
2016 $4,062 $20,282 $1,984 $18,298
2015 $3,717 $20,282 $1,984 $18,298
2014 $3,418 $18,420 $1,775 $16,645
2013 $3,350 $18,420 $1,775 $16,645
Source: Public Records

Agents Affiliated with this Home

  • William Wenthen

    Seller's Agent in 2023

    William Wenthen

    WDW Properties

    (312) 343-6035

    2 in this area

    18 Total Sales

    William Wenthen
    Section Image
  • Margaret Williams

    Buyer's Agent in 2023

    Margaret Williams

    @properties

    (312) 508-3033

    1 in this area

    55 Total Sales

    Margaret Williams
    Section Image
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About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11711706

Midwest Real Estate Data (MRED)

APN: 17-22-301-065-1157

Illinois Cook County Chicago 60616 South Loop

1620 S Michigan Ave Unit 901, Chicago, IL

This home is located at 1620 S Michigan Ave Unit 901, Chicago, IL 60616 since 02 February 2023 and is currently estimated at $393,803. This property was built in 2006. 1620 S Michigan Ave Unit 901 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.

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