NOT LISTED FOR SALE

Tandem Lofts 1631 S Michigan Ave Unit 607 Chicago, IL 60616

Central Station Neighborhood

Estimated Value: $266,000 - $351,000

1 Bed
1 Bath
-- Sq Ft
0.67 Acre Lot

Sale Details

Date Sold: November 21, 2023

Last sale price $210,000

Est. 45% increase in value since last sale

Current estimated payment $2,527 / mo

64 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 1 Car Detached Garage
  • Lock-and-Leave Community
  • Balcony
  • 3-minute walk to Chicago Women's Park and Gardens

About This Home

As of November 2023

Welcome to your private oasis nestled in the Eastern section of the South Loop. Penthouse w/Lake views. Bright 1 Bedroom in a fantastic soft Loft boutique building . This sun drenched large 1 bed/1 bath condo features an open floor plan with living area that leads to a private balcony with amazing Lake views. Needs updating but has S/S appliances & kitchen w/large granite island. Bedroom is generously sized with huge wall of windows, and over sized walk-in closet. W/D in unit. Open living space w/Hdwd floors and a gas fireplace w/granite tiles. Nice space for entertaining and for at-home work/living space. In unit washer/dryer, Garage parking space for an additional 20k. Low assessments include heat, cable, and Wi FI internet in this extremely well run building! Perfect location for your fur baby to walk the lakefront and Grant Park. If their having an urban pooch day they can sniff out the local fur babies at one of the local dog parks. CTA bus to the Loop right outside your door. Just steps to CTA L stop, grocery stores, eateries & everything the South Loop has to offer! Rental cap has been met.

Last Agent to Sell the Property

Deborah Hutchinson

@properties Christie's International Real Estate License #475133996 Listed on: 08/21/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Elias Masud

Compass License #475163294

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,975

Year Built

  • Built in 1911 | Remodeled in 2001

Lot Details

  • 0.67

HOA Fees

  • $457 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Family or Dining Combination
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Utilities

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

Additional Features

  • Additional Parcels

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 58 Units
  • Matthew Association, Phone Number (312) 379-0400
  • Property managed by Forth Group
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,975

Year Built

Built in 1911 | Remodeled in 2001

Lot Details

0.67 Acres

HOA Fees

$457 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: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2001
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2001

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Open Floorplan, Dining Combo
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 457
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: Matthew
  • Management Phone: 312-379-0400X110
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

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: 4975.41
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 58

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 21, 2023
Sold by
Bought by
Seller's Agent
Deborah Hutchinson
@properties Christie's International Real Estate
Buyer's Agent
Elias Masud
Compass
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%
Views
419
Current Estimated Value
$304,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,131
Avg. Annual Appreciation
14.64%
Original Mortgage
$147,000
Interest Rate
0.0703%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
0.0702%

Purchase Details

Closed on
Jun 1, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,483
Interest Rate
0.0769%
Mortgage Type
FHA
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$210,000 Chicago Title Insurance Compan
-- Lawyers Title Insurance Corp
$164,500 Cti
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,000
Previous Owner $211,250
Previous Owner $212,000
Previous Owner $167,000
Previous Owner $163,483
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $210,000 +10669.2% --
10/25/2023 10/25/23 Pending -- -- --
10/22/2023 10/22/23 Rented $1,950 0.0% --
08/21/2023 08/21/23 For Rent $1,950 0.0% --
08/21/2023 08/21/23 For Sale $199,000 0.0% --
08/21/2022 08/21/22 Rented $1,950 0.0% --
07/11/2022 07/11/22 For Rent $1,950 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,802 $28,323 $7,134 $21,189
2024 $4,802 $28,323 $7,134 $21,189
2023 $4,659 $26,000 $5,963 $20,037
2022 $4,659 $26,000 $5,963 $20,037
2021 $4,572 $26,000 $5,963 $20,037
2020 $4,466 $23,149 $4,714 $18,435
2019 $4,375 $25,206 $4,714 $20,492
2018 $4,300 $25,206 $4,714 $20,492
2017 $3,912 $21,547 $3,894 $17,653
2016 $3,816 $21,547 $3,894 $17,653
2015 $3,468 $21,547 $3,894 $17,653
2014 $3,169 $19,650 $3,484 $16,166
2013 $3,096 $19,650 $3,484 $16,166
Source: Public Records

Agents Affiliated with this Home

  • Deborah Hutchinson

    Seller's Agent in 2023

    Deborah Hutchinson

    @ Properties

    (773) 576-4437

    2 in this area

    16 Total Sales

    Deborah Hutchinson
    Section Image
  • Matt Engle

    Buyer's Agent in 2023

    Matt Engle

    Fulton Grace

    (717) 658-0899

    2 in this area

    183 Total Sales

    Matt Engle
    Section Image
  • Elias Masud

    Buyer's Agent in 2023

    Elias Masud

    Compass

    (773) 466-7150

    3 in this area

    592 Total Sales

    Elias Masud
    Section Image

  • L

    Buyer's Agent in 2022

    Lindsay Schueler

    HomeSmart Connect LLC

    Section Image
See All Agents

About Tandem Lofts

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11864875

Midwest Real Estate Data (MRED)

APN: 17-22-302-051-1058

Illinois Cook County Chicago 60616 Central Station

1631 S Michigan Ave Unit 607, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.