NOT LISTED FOR SALE

Estimated Value: $242,852 - $264,000

1 Bed
1 Bath
750 Sq Ft
0.84 Acres

Last Sold September 27, 2019

Last sale price $210,000 $280 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,775/month

Highlights

  • Wood Flooring
  • Balcony
  • Soaking Tub
  • Stainless Steel Appliances
  • Attached Garage
  • 2-minute walk to Fred Anderson Park

About This Home

As of March 2021

The highest floor prior to the penthouse level, this 32nd floor residence towers over the South Loop skyline - providing striking views of the city of Chicago. 1720 S Michigan is a newer construction building developed to have your classic concrete loft feel. The open floor plan provides ample space for entertaining. A large kitchen with an adjustable island has granite countertops, stainless steel appliances and a breakfast bar suitable for bar stools. The 'L' shaped living space gives separate but open areas for living and dining furniture. Hardwood floors flow throughout the living area. Off of the living space is a small balcony to step out for fresh air and to grill. The master suite is large enough for a king sized bed and additional furniture. In unit laundry is included in the home.

Last Agent to Rent the Property

Amanda McMillan

@properties Christie's International Real Estate License #475132877 Listed on: 03/04/2021

@properties Christie's International Real Estate

Co-Listed By

Samuel Ciochon

@properties Christie's International Real Estate License #475129080

Last Renter's Agent

Claudio Varo

Varo & Associates, LLC - Varo Real Estate License #471017868

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,882

Year Built

  • 2006

Lot Details

  • 0.84

Parking

  • Attached Garage

Home Design

  • Steel Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Wood Flooring
  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,882

Year Built

2006

Lot Details

0

Parking

1

Rental Info

  • Available: 03/01/2021
  • Fees Approvals: Move-in Fee, Move Out Fee, Refundable Damage Deposit
  • Monthly Lot Rental Included: Cable TV, Cooking Gas, Heat, Water, Scavenger, Doorman, Exterior Maintenance, Internet, Air Conditioning, Wi-Fi

Listing Details

  • Property Type: Residential Rental
  • General Information: Commuter Bus, Commuter Train, Non-Smoking Building, Non-Smoking Unit
  • Unit Floor Level: 32
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2006
  • Type Attached: Condo, Condo-Loft, High Rise (7+ Stories)
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 33
  • Year Built: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 4
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X13
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 1
  • Living Room Level: Main Level
  • Living Room Size: 12X16
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Kitchen Level: Main Level
  • Kitchen Size: 10X10
  • Additional Rooms: No additional rooms
  • Estimated Sq Ft: 750

Exterior Features

  • Exterior Building Type: Steel Siding, Glass
  • Exterior Property Features: Balcony
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Management: Manager Off-site
  • Pet Information: Cats OK, Deposit Required, Dogs OK
  • Common Area Amenities: Door Person, Elevator

Fee Information

  • Lowest Parking Fee: 175
  • Highest Parking Fee: 225

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 498
  • Number Stories: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Aug 30, 2019
Sold by
Weglarz Margaret and Delgado Gaston
Bought by
Mitchell Trina L
Seller's Agent
Samuel Ciochon
@properties Christie's International Real Estate
Buyer's Agent
Steven Douglas
EXIT Strategy Realty
Sold Price
$1,700
Current Estimated Value
$250,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,263
Avg. Annual Appreciation
2.74%
Original Mortgage
$136,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2015
Sold by
Redmond Glenn B
Bought by
Weglarz Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2014
Closed on
Jul 16, 2014
Sold by
Rovito Ana E and Acker Ana E
Bought by
Redmond Glenn B
Seller's Agent
Billie Diamond
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$199,000
Sold Price
$193,000
Premium/Discount to List
-$6,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$7,500
Interest Rate
4.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 28, 2009
Sold by
1712 S Michigan Development Corporation
Bought by
Acker Ana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,795
Interest Rate
5.27%
Mortgage Type
FHA
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
Mitchell Trina L $210,000 Chicago Title
Weglarz Margaret -- None Available
Redmond Glenn B $193,000 St
Acker Ana E $204,500 Mercury Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1720 Commercial Llc $720,000
Closed Mitchell Trina L $135,600
Closed Mitchell Trina L $136,500
Previous Owner Weglarz Margaret $105,000
Previous Owner Redmond Glenn B $7,500
Previous Owner Redmond Glenn B $133,000
Previous Owner Acker Ana E $200,795
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Rented $1,500 0.0% --
03/16/2021 03/16/21 Under Contract -- -- --
03/04/2021 03/04/21 For Rent $1,500 -11.8% --
10/04/2019 10/04/19 Rented $1,700 0.0% --
09/27/2019 09/27/19 Sold $210,000 0.0% $283 / Sq Ft
09/17/2019 09/17/19 For Rent $1,700 0.0% --
08/20/2019 08/20/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $224,900 -4.3% $304 / Sq Ft
06/13/2019 06/13/19 For Sale $234,900 +21.7% $317 / Sq Ft
07/17/2014 07/17/14 Sold $193,000 -3.0% $260 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $199,000 -- $269 / Sq Ft
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 $4,882 $21,600 $940 $20,660
2023 $4,759 $23,066 $756 $22,310
2022 $4,759 $23,066 $756 $22,310
2021 $4,652 $23,065 $756 $22,309
2020 $4,104 $18,423 $620 $17,803
2019 $3,341 $20,060 $620 $19,440
2018 $3,284 $20,060 $620 $19,440
2017 $3,061 $17,596 $512 $17,084
2016 $3,024 $17,596 $512 $17,084
2015 $3,224 $17,596 $512 $17,084
2014 $2,200 $14,424 $184 $14,240
2013 $2,145 $14,424 $184 $14,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11011087

Midwest Real Estate Data (MRED)

APN: 17-22-301-070-1947