NOT LISTED FOR SALE

1720 S Michigan Ave, Unit 1511 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $282,487 - $314,000

2 Beds
1 Bath
829 Sq Ft
$416/mo HOA Fee

Last Sold December 20, 2022

Last sale price $230,000 $277 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,518/month

189 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Stainless Steel Appliances
  • South Loop Elementary School Rated 9+
  • Granite Countertops
  • 2-minute walk to Fred Anderson Park

About This Home

As of December 2022

Well maintained 2 bedroom, 1 bathroom condo located in the heart of South Loop. 10ft ceiling, stainless steel appliances, hardwood floor in living room, kitchen and hallway. Sunny West facing window with view of the city. Building features 24/7 door staff, bike room, dog run. Easy access to the lakefront, the Loop, Soldier Field, and Museum Campus. Heated indoor parking space additional $25,000.

Last Agent to Sell the Property

Vanessa Carlson

iRealty Flat Fee Brokerage License #471016540 Listed on: 05/20/2022

Last Buyer's Agent

Malia Vazquez

Kawash Group License #475203581

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,435

Year Built

  • Built in 2007

Lot Details

  • 0.84

HOA Fees

  • $416 Monthly HOA Fees

Parking

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

Interior Spaces

  • 829 Sq Ft Home
  • Ceiling height of 10 feet or more
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Additional Parcels

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 498 Units
  • Tiffany Wright Association, Phone Number (312) 588-1720
  • Property managed by Community Specialists
  • 33-Story Property

Amenities

  • Doorman

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,435

Year Built

Built in 2007

Lot Details

0

HOA Fees

$416 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: 2007
  • Age: 11-15 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: 15
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 33

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Ceiling - 10 Foot, Some Carpeting, Doorman, Drapes/Blinds, Granite Counters, Lobby
  • LivingArea: 829
  • Room Type: No additional rooms
  • Stories Total: 33
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 240000
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 416
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Tiffany Wright
  • Management Phone: 312-588-1720
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

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: 999

Tax Info

  • Tax Annual Amount: 5434.88
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Dec 15, 2022
Sold by
Leong Iat U
Bought by
Hill David and Balzer Michelle
Seller's Agent
Vanessa Carlson
iRealty Flat Fee Brokerage
Buyer's Agent
Malia Vazquez
Kawash Group
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%
Views
9
Current Estimated Value
$303,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,372
Avg. Annual Appreciation
10.76%
Original Mortgage
$207,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2013
Closed on
Apr 8, 2014
Sold by
Baniel Jonjie
Bought by
Ieong Iat V
Seller's Agent
Jennifer Mills
Jameson Sotheby's Intl Realty
Buyer's Agent
Ivan Man
Century 21 Realty Associates
List Price
$270,000
Sold Price
$240,000
Premium/Discount to List
-$30,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$192,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
1712 S Michigan Development Corp
Bought by
Baniel Jonjie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,830
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Hill David $230,000 None Listed On Document
Ieong Iat V $240,000 Fort Dearborn Land Title
Baniel Jonjie $289,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1720 Commercial Llc $720,000
Closed Hill David $207,000
Previous Owner Ieong Iat U $140,000
Previous Owner Ieong Iat V $192,000
Previous Owner Baniel Jonjie $279,400
Previous Owner Baniel Jonjie $274,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $230,000 0.0% $277 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
11/21/2022 11/21/22 Off Market $230,000 -- --
10/22/2022 10/22/22 Price Changed $240,000 -4.0% $290 / Sq Ft
08/03/2022 08/03/22 Price Changed $250,000 -3.8% $302 / Sq Ft
07/14/2022 07/14/22 For Sale $260,000 0.0% $314 / Sq Ft
06/11/2022 06/11/22 For Sale $260,000 0.0% $314 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/26/2022 05/26/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $260,000 0.0% $314 / Sq Ft
01/04/2018 01/04/18 For Rent $1,600 0.0% --
01/04/2018 01/04/18 Rented $1,600 0.0% --
04/09/2014 04/09/14 Sold $240,000 -4.0% --
05/29/2013 05/29/13 Pending -- -- --
05/08/2013 05/08/13 Price Changed $250,000 -7.4% --
04/15/2013 04/15/13 For Sale $270,000 -- --
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 $5,425 $24,227 $1,054 $23,173
2023 $5,287 $25,628 $848 $24,780
2022 $5,287 $25,628 $848 $24,780
2021 $5,169 $25,626 $847 $24,779
2020 $4,603 $20,664 $696 $19,968
2019 $4,521 $22,500 $696 $21,804
2018 $4,444 $22,500 $696 $21,804
2017 $3,522 $19,737 $575 $19,162
2016 $3,453 $19,737 $575 $19,162
2015 $3,136 $19,737 $575 $19,162
2014 $2,525 $16,179 $207 $15,972
2013 $2,464 $16,179 $207 $15,972
Source: Public Records

Agents Affiliated with this Home

  • Vanessa Carlson

    Seller's Agent in 2022

    Vanessa Carlson

    iRealty Flat Fee Brokerage

    (708) 542-4577

    2 in this area

    703 Total Sales

    Vanessa Carlson
    Section Image

  • M

    Buyer's Agent in 2022

    Malia Vazquez

    Kawash Group

    (847) 220-7699

    1 in this area

    2 Total Sales

    Malia Vazquez
    Section Image
  • Ivan Man

    Seller's Agent in 2018

    Ivan Man

    Century 21 Realty Associates

    (312) 428-9123

    5 in this area

    80 Total Sales

    Ivan Man
    Section Image

  • E

    Buyer's Agent in 2018

    Eugen Zau

    Coldwell Banker Realty

  • Jennifer Mills

    Seller's Agent in 2014

    Jennifer Mills

    Jameson Sotheby's Intl Realty

    (773) 914-4422

    285 Total Sales

    Jennifer Mills
    Section Image
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About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11410840

Midwest Real Estate Data (MRED)

APN: 17-22-301-070-1160

Illinois Cook County Chicago 60616 South Loop

1720 S Michigan Ave Unit 1511, Chicago, IL

This home is located at 1720 S Michigan Ave Unit 1511, Chicago, IL 60616 since 20 May 2022 and is currently estimated at $303,372, approximately $365 per square foot. This property was built in 2007. 1720 S Michigan Ave Unit 1511 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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