$340,000 - $460,000
RENTED MAY 31, 2025

1720 S Michigan Ave, Unit 1402 Chicago, IL 60616

South Loop Neighborhood
2 Beds
2 Baths
911 Sq Ft
$413 Price per Sq Ft

Last Sold September 11, 2015

Last sale price $289,900 $318 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,603/month

Highlights

  • Doorman
  • Wood Flooring
  • Living Room
  • Lock-and-Leave Community
  • Elevator
  • 2-minute walk to Fred Anderson Park

About This Home

As of May 2025

2 Bedroom, 2 Bath 14th floor Condo Unit with 1 indoor Garage Space. Features hardwood floors, private Balcony, high ceilings, in unit washer dryer, and view of the Lake. Great location close to downtown, shopping and Transportation. Non-smoking unit. Pet friendly - dog walk on site and dog park neighboring the rear of the building. Easy access to Chinatown, Soldier Field, and the lakefront. Heat, Cable TV, and Internet included - tenant only pays electric! Bike storage room included if desired (one time $50 fee). 1 parking spot available for an additional $150 monthly. Video preview of apartment available upon request.

Last Agent to Rent the Property

John O'Connor

Top Care Realty LLC License #475211922 Listed on: 05/07/2025

Last Renter's Agent

John O'Connor

Top Care Realty LLC License #475211922 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,328

Year Built

  • Built in 2006

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Concrete Block And Stucco Construction

Interior Spaces

  • 911 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Security Deposit $2,650
  • Property Available on 6/1/25
  • Rent includes cable TV, gas, heat, water, wi-fi

Community Details

Overview

  • 498 Units
  • Office Association, Phone Number (312) 558-1720
  • Property managed by Community Specialists
  • Lock-and-Leave Community
  • 33-Story Property

Amenities

  • Doorman
  • Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,328

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-06-01
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Rental Price: 2650
  • Security Deposit: 2650
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 14
  • Property Attached: Yes
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 33

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 911
  • Room Type: No additional rooms
  • Stories Total: 33
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Glass, Concrete
  • List Price: 2650
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), On Site Manager/Engineer, Receiving Room, Security Door Lock(s)
  • Rent Includes: Cable TV, Gas, Heat, Water, Wi-Fi
  • Management: Manager On-site
  • Management Company: Community Specialists
  • Management Contact Name: Office
  • Management Phone: 312-558-1720

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Sep 4, 2015
Sold by
Fannie Mae
Bought by
Lo Sarah C
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Maria Boulahanis
@properties Christie's International Real Estate
List Price
$324,900
Sold Price
$289,900
Premium/Discount to List
-$35,000
-10.77%
Current Estimated Value
$375,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,889
Avg. Annual Appreciation
2.66%
Original Mortgage
$231,920
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2012
Sold by
Pieniazek Pawel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 17, 2007
Sold by
1712 S Michigan Development Corp
Bought by
Pieniazek Pawel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,440
Interest Rate
6.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lo Sarah C -- Premier Title
Federal National Mortgage Association -- None Available
Pieniazek Pawel $322,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1720 Commercial Llc $720,000
Closed Lo Sarah C $231,920
Previous Owner Pieniazek Pawel $257,440
Previous Owner Pieniazek Pawel $32,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Rented $2,700 +1.9% --
05/07/2025 05/07/25 For Rent $2,650 0.0% --
01/05/2024 01/05/24 Rented $2,650 +6.0% --
12/31/2023 12/31/23 Off Market $2,500 -- --
09/07/2023 09/07/23 Price Changed $2,500 -3.8% --
09/04/2023 09/04/23 Price Changed $2,600 -7.1% --
08/24/2023 08/24/23 For Rent $2,800 0.0% --
09/11/2015 09/11/15 Sold $289,900 -3.3% --
08/04/2015 08/04/15 Pending -- -- --
07/17/2015 07/17/15 Price Changed $299,900 -7.7% --
06/12/2015 06/12/15 For Sale $324,900 -- --
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 $6,328 $28,459 $1,238 $27,221
2023 $6,168 $29,896 $996 $28,900
2022 $6,168 $29,896 $996 $28,900
2021 $6,029 $29,894 $995 $28,899
2020 $5,408 $24,275 $818 $23,457
2019 $5,311 $26,432 $818 $25,614
2018 $5,221 $26,432 $818 $25,614
2017 $4,991 $23,184 $675 $22,509
2016 $4,643 $23,184 $675 $22,509
2015 $4,248 $23,184 $675 $22,509
2014 $3,526 $19,006 $243 $18,763
2013 $3,457 $19,006 $243 $18,763
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2025

    John O'Connor

    Top Care Realty LLC

    (312) 450-9494

    1 Total Sale

    Section Image
  • Joseph Konney

    Seller's Agent in 2024

    Joseph Konney

    Top Care Realty LLC

    (630) 350-0363

    163 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    Jiameng Wang

    @ Properties

    (205) 534-4674

    3 Total Sales

    Section Image
  • Arthur Cirignani

    Seller's Agent in 2015

    Arthur Cirignani

    Chicago Realty Partners, Ltd

    (312) 575-0100

    1 in this area

    189 Total Sales

    Section Image
  • Maria Boulahanis

    Buyer's Agent in 2015

    Maria Boulahanis

    @ Properties

    (630) 330-2465

    1 in this area

    40 Total Sales

    Section Image
See All Agents

About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12358875

Midwest Real Estate Data (MRED)

APN: 17-22-301-070-1135

Illinois Cook County Chicago 60616 South Loop

1720 S Michigan Ave Unit 1402, Chicago, IL

This home is located at 1720 S Michigan Ave Unit 1402, Chicago, IL 60616 since 07 May 2025 and is currently priced at $375,789. This property was built in 2006. 1720 S Michigan Ave Unit 1402 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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