NOT LISTED FOR SALE

1720 S Prairie Ave Unit 4 Chicago, IL 60616

Prairie District Neighborhood

Estimated Value: $1,228,698 - $1,273,000

4 Beds
4.5 Baths
3,050 Sq Ft
$410/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $1,200,000 $393 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,049/month

38 Days on Market

Highlights

  • Deck
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Wood Flooring
  • Formal Dining Room
  • 1-minute walk to Chicago Women's Park and Gardens

About This Home

As of May 2024

This exquisite 4-bedroom, 4.1-bathroom townhome redefines luxury living, resembling a single-family home within Prairie Court, the South Loop's premier townhome community. Every inch of its versatile floor plan exudes meticulous attention to detail, boasting gleaming hardwood floors throughout, not just one but two outdoor spaces, and a convenient 2-car attached garage with two 220 V hookups for EV charging. The gourmet kitchen is a haven for aspiring chefs, outfitted with top-of-the-line stainless steel appliances, custom cabinetry, and wine cooler. The expansive dining area sets the stage for elegant dinner gatherings, while the custom glass stairway wall adds a captivating WOW factor. Sunlit dining space adorned with large windows and a fireplace bathe the interiors in natural light. Ascend to the upper level, where three bedrooms await. The master suite is a retreat unto itself, offering ample closet space and a contemporary ensuite bath. The second and third bedrooms serve as versatile spaces-a guest room or a home office, adapting to your needs. The third level beckons with a family room, a wet bar with a beverage refrigerator, and an expansive balcony featuring a gas line and an outdoor gas fire table-an entertainer's dream. Other Notable features include crown moldings throughout, Custom California Closets for optimized storage, additional garage storage, elegant Farrow and Ball wallpaper in the powder room, a Murphy bed and cabinetry in the second-level guest room, and a myriad of other upscale touches. Located within the highly sought-after South Loop Elementary School boundaries, this property offers a prime address amidst luxury and convenience. Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around. Watch a Custom Drone Video Tour, Click on Video Button!

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 01/11/2024

Last Buyer's Agent

Dominic Irpino

IRPINO Real Estate, Inc. License #471010698

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,752

Year Built

  • Built in 2018

Lot Details

  • 1,045

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 3,050 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Schools

  • South Loop Elementary School
  • Phillips Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 55 Units
  • Dp@Forthgrp.Com Association, Phone Number (773) 598-5581
  • Property managed by Forth Group

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,752

Year Built

Built in 2018

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 2018
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3050
  • Room Type: Walk In Closet, Balcony/Porch/Lanai, Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • List Price: 1250000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 347
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: dp@forthgrp.com
  • Management Phone: 773-598-5581
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School: South Loop Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1030
  • Rural (Y/N): N
  • Special Assessments: N

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: 20752.17
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
May 3, 2024
Sold by
Guglielmi Robert and Guglielmi Kelly E
Bought by
Haas William S and Ahern Rachel J
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Dominic Irpino
IRPINO Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
541
Current Estimated Value
$1,250,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,425
Avg. Annual Appreciation
3.84%
Original Mortgage
$960,000
Outstanding Balance
$950,648
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$304,398

Purchase Details

Closed on
Mar 19, 2023
Sold by
Karen G Wilson Trust
Bought by
Mui Jason and Mui Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2018
Sold by
Szg Prairie Llc
Bought by
Guglielmi Robert and Guglielmi Kelly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Haas William S $1,200,000 Chicago Title
Mui Jason $815,000 Fidelity National Title
Guglielmi Robert $1,035,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haas William S $960,000
Previous Owner Mui Jason $450,000
Previous Owner Guglielmi Robert $828,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $1,200,000 -4.0% $393 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $1,250,000 -- $410 / 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 $21,313 $107,000 $17,922 $89,078
2023 $20,752 $104,000 $14,420 $89,580
2022 $20,752 $104,000 $14,420 $89,580
2021 $20,304 $104,000 $14,420 $89,580
2020 $18,901 $87,949 $11,845 $76,104
2019 $20,535 $102,211 $11,845 $90,366
2018 $2,340 $11,845 $11,845 $0
2017 $2,106 $9,785 $9,785 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11950003

Midwest Real Estate Data (MRED)

APN: 17-22-303-081-0000