18th Street Lofts 1801 S Michigan Ave Unit 706 Chicago, IL 60616
Prairie District Neighborhood
1
Bed
1
Bath
--
Sq Ft
$310/mo
HOA Fee
Highlights
- Fitness Center
- Stainless Steel Appliances
- 1 Car Attached Garage
- Wood Flooring
- Balcony
- 1-minute walk to Chicago Women's Park and Gardens
About This Home
As of February 2025Incredibly unique Michigan Avenue penthouse brick and timber loft in the South Loop! Huge windows flood the living spaces with an abundance of natural light. The hardwood flooring in the living areas is complemented by custom "heads-up" penny copper flooring in the master bedroom. The kitchen boasts high-end stainless steel appliances, like Jenn-Air & Bosch with an open, industrial feel. The updated bathroom features classic subway tile and a stainless sink. A gas fireplace adds a cozy ambiance, while custom lighting throughout the unit enhances the overall feel. The unit includes a washer and dryer, a large private balcony with herringbone deck detailing and a city view, and a spacious storage unit. The indoor heated garage parking is an added convenience, and there's a fitness center in the building. Just a few steps away, you'll find South Loop restaurants, shopping, public transportation, the lake, and a park. This penthouse offers the perfect blend of comfort, style, and convenience, making it an ideal home for those seeking a unique living experience in the South Loop.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475174045 Listed on: 01/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,583
Year Renovated
- 2012
HOA Fees
- $310 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Foundation
- Metal Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Fireplace With Gas Starter
- Family Room
- Living Room
- Dining Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Additional Parcels
Community Details
Overview
- Association fees include water, insurance, exercise facilities, snow removal
- 54 Units
- Manager Association, Phone Number (847) 432-1600
- Property managed by Premier Management Services
- 7-Story Property
Amenities
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pet Deposit Required
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Feb 5, 2025
Sold by
Lange Ryan
Bought by
Laviste Ericka and Laviste Edlyn Zaide
Seller's Agent
Chris Gomes
Jameson Sotheby's Intl Realty
Buyer's Agent
Katy Banks
RE/MAX Cornerstone
List Price
$279,000
Sold Price
$267,500
Premium/Discount to List
-$11,500
-4.12%
Views
34
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
$3,216
Avg. Annual Appreciation
2.75%
Original Mortgage
$212,500
Outstanding Balance
$212,139
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$58,577
Purchase Details
Closed on
Oct 1, 2007
Sold by
Lange Ryan A and Lange Pamela J
Bought by
Lange Ryan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,600
Interest Rate
6.49%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 27, 2006
Sold by
Gustafson Kris A
Bought by
Lange Ryan A and Lange Pamela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.83%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 2, 2000
Sold by
Gustafson Melvin E and Gustafson Kris A
Bought by
Gustafson Kris A
Purchase Details
Closed on
Jul 24, 1998
Sold by
18Th Street Lofts Inc
Bought by
Gustafson Melvin E and Gustafson Kris A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
7.62%
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $267,500 | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $230,000 | Attorneys Title Guaranty Fun | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $123,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,500 | New Conventional | |
| Previous Owner | $190,250 | New Conventional | |
| Previous Owner | $211,125 | New Conventional | |
| Previous Owner | $194,600 | Unknown | |
| Previous Owner | $47,000 | Credit Line Revolving | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $152,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $110,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $267,500 | -4.1% | -- |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $279,000 | 0.0% | -- |
| 02/18/2017 02/18/17 | Under Contract | -- | -- | -- |
| 02/18/2017 02/18/17 | Rented | $1,800 | 0.0% | -- |
| 02/01/2017 02/01/17 | For Rent | $1,800 | -2.7% | -- |
| 12/09/2015 12/09/15 | Under Contract | -- | -- | -- |
| 12/09/2015 12/09/15 | Rented | $1,850 | -5.1% | -- |
| 11/10/2015 11/10/15 | For Rent | $1,950 | -- | -- |
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 | $4,295 | $24,543 | $4,481 | $20,062 |
| 2023 | $4,165 | $23,608 | $3,606 | $20,002 |
| 2022 | $4,165 | $23,608 | $3,606 | $20,002 |
| 2021 | $4,090 | $23,607 | $3,605 | $20,002 |
| 2020 | $3,751 | $19,939 | $2,961 | $16,978 |
| 2019 | $3,673 | $21,710 | $2,961 | $18,749 |
| 2018 | $3,610 | $21,710 | $2,961 | $18,749 |
| 2017 | $3,156 | $18,034 | $2,446 | $15,588 |
| 2016 | $3,112 | $18,034 | $2,446 | $15,588 |
| 2015 | $2,824 | $18,034 | $2,446 | $15,588 |
| 2014 | $2,763 | $17,462 | $2,189 | $15,273 |
| 2013 | $2,698 | $17,462 | $2,189 | $15,273 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Gomes
Seller's Agent in 2025
Chris Gomes
Jameson Sotheby's Intl Realty
(641) 781-9151
1 in this area
145 Total Sales
-
Joe Freeman
Seller Co-Listing Agent in 2025
Joe Freeman
Jameson Sotheby's Intl Realty
(773) 638-9925
1 in this area
16 Total Sales
-
Katy Banks
Buyer's Agent in 2025
Katy Banks
RE/MAX
(630) 533-5901
4 in this area
67 Total Sales
-
Lindsey Richardson
L
Seller's Agent in 2017
Lindsey Richardson
Baird & Warner
(312) 890-8777
4 in this area
151 Total Sales
-
Jasmine Baynes
Buyer's Agent in 2017
Jasmine Baynes
EXIT Strategy Realty
(708) 912-0775
125 Total Sales
About 18th Street Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12263495
APN: 17-22-307-057-1051
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