A
Seller's Agent in 2024
Ashley Smith
Compass
(214) 418-5519
1 in this area
16 Total Sales
Bicycle Station Lofts 1632 S Indiana Ave Unit 505 Chicago, IL 60616
Central Station NeighborhoodEstimated Value: $259,000 - $287,000
1
Bed
1
Bath
--
Sq Ft
$279/mo
HOA Fee
Highlights
- Fitness Center
- Laundry closet
- Bike Trail
- Balcony
- Central Air
- 3-minute walk to Chicago Women's Park and Gardens
About This Home
As of March 2024PARKING INCLUDED IN PRICE! SHOWINGS ALLOWED! Welcome to the Brick & Timber Loft in the historic 1900's Bicycle Factory Building where vintage charm meets modern elegance! This spacious and updated 1 bedroom, 1 bath, has an abundance of natural light streaming through its large windows into an open floor plan with tall timber ceilings. Brand new appliances, in-unit laundry, a private balcony with a view, and a gas fireplace promises cozy evenings and memorable gatherings. Gated exterior parking spot included. Professionally managed elevator building includes gym, bike room and storage. Located in the vibrant South Loop, explore a world of convenience with multiple transportation options, grocery stores, shopping, and restaurants. Don't miss the chance to embrace a lifestyle filled with character, comfort, and charm in this one-of-a-kind brick and timber loft!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,731
Year Renovated
- 2014
Lot Details
- 0.68
HOA Fees
- $279 Monthly HOA Fees
Interior Spaces
- Gas Log Fireplace
- Living Room with Fireplace
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Dual Sinks
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Additional Parcels
Community Details
Overview
- Association fees include water, insurance, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 53 Units
- Matt Schreck Association, Phone Number (312) 546-3395
- Bicycle Station Lofts Subdivision
- Property managed by Forth Group
- 7-Story Property
Amenities
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pet Deposit Required
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Mar 13, 2024
Sold by
Fong Erinn
Bought by
Yanef Andre
Seller's Agent
Ashley Smith
Compass
Buyer's Agent
Katie Jean Colquhoun
Coldwell Banker Realty
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,604
Avg. Annual Appreciation
7.62%
Original Mortgage
$222,300
Outstanding Balance
$218,951
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$55,994
Purchase Details
Listed on
Nov 7, 2019
Closed on
Feb 7, 2020
Sold by
Lowry Sean W and Lowry Martha Mcnicholas
Bought by
Linda Fong and Linda Erinn Fong
Seller's Agent
Jerre Cusick
@properties Christie's International Real Estate
Buyer's Agent
Cindy Banks
RE/MAX Cornerstone
List Price
$240,000
Sold Price
$247,500
Premium/Discount to List
$7,500
3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.05%
Purchase Details
Closed on
Jul 29, 2011
Sold by
Schmahl Kathryn L and Lowry Kathryn M
Bought by
Mcnicholas Lowry Sean W and Mcnicholas Lowry Martha
Purchase Details
Closed on
May 15, 2008
Sold by
Mooney Julianne
Bought by
Lowry Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.93%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 28, 2006
Sold by
White Chandi
Bought by
Mooney Julianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
6.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2004
Sold by
Fiedler Robert J
Bought by
White Chandi K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 29, 2000
Sold by
Veugeler Kevin T and Veugeler Erica L
Bought by
Fiedler Robert J
Purchase Details
Closed on
May 2, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Veugeler Kevin T and Rollinson Erica L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.27%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yanef Andre | $247,000 | Chicago Title | |
| Linda Fong | $247,500 | Greater Illinois Title | |
| Mcnicholas Lowry Sean W | -- | Oconnor Title Guaranty Inc | |
| Lowry Kathryn M | $239,000 | Multiple | |
| Mooney Julianne | $233,000 | Stewart Title Of Illinois | |
| White Chandi K | $198,000 | Ticor Title Insurance Compan | |
| Fiedler Robert J | $172,000 | -- | |
| Veugeler Kevin T | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yanef Andre | $222,300 | |
| Previous Owner | Lowry Kathryn M | $120,000 | |
| Previous Owner | Lowry Kathryn M | $120,000 | |
| Previous Owner | Mooney Julianne | $186,400 | |
| Previous Owner | Mooney Julianne | $23,300 | |
| Previous Owner | White Chandi K | $158,400 | |
| Previous Owner | Veugeler Kevin T | $96,000 | |
| Closed | White Chandi K | $39,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $247,000 | -1.2% | -- |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $249,900 | +1.0% | -- |
| 02/07/2020 02/07/20 | Sold | $247,500 | +3.1% | -- |
| 01/12/2020 01/12/20 | Pending | -- | -- | -- |
| 11/07/2019 11/07/19 | For Sale | $240,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,969 | $22,440 | $6,604 | $15,836 |
| 2023 | $4,552 | $22,066 | $5,314 | $16,752 |
| 2022 | $4,552 | $22,066 | $5,314 | $16,752 |
| 2021 | $4,450 | $22,064 | $5,313 | $16,751 |
| 2020 | $3,106 | $17,047 | $4,364 | $12,683 |
| 2019 | $3,040 | $18,561 | $4,364 | $14,197 |
| 2018 | $2,988 | $18,561 | $4,364 | $14,197 |
| 2017 | $2,778 | $16,279 | $3,605 | $12,674 |
| 2016 | $2,760 | $16,279 | $3,605 | $12,674 |
| 2015 | $2,502 | $16,279 | $3,605 | $12,674 |
| 2014 | $1,733 | $11,911 | $3,226 | $8,685 |
| 2013 | $1,688 | $11,911 | $3,226 | $8,685 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Smith
-
Katie Jean Colquhoun
K
Buyer's Agent in 2024
Katie Jean Colquhoun
Coldwell Banker Realty
(773) 314-3293
1 in this area
50 Total Sales
-
J
Seller's Agent in 2020
Jerre Cusick
@ Properties
-
L
Seller Co-Listing Agent in 2020
Lynn Taylor
@ Properties
-
Cindy Banks
Buyer's Agent in 2020
Cindy Banks
RE/MAX
(630) 533-5900
417 Total Sales
About Bicycle Station Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11931319
APN: 17-22-302-046-1031
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