$355,000
SOLD DEC 20, 2024

1819 S Michigan Ave, Unit 506 Chicago, IL 60616

Prairie District Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$528/mo HOA Fee

Recently Sold

$296 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • Lock-and-Leave Community
  • End Unit
  • Elevator
  • Wood Flooring
  • Granite Countertops
  • 1-minute walk to Chicago Women's Park and Gardens

About This Home

As of December 2024

AGENT RELATED TO OWNER. EXCELLENT 2 BED/2 BATH CONDO ON MICHIGAN AVENUE IN THE SOUTH LOOP! TERRIFIC CITY VIEWS WITH TWO BALCONIES FEATURING FLOOR TO CEILING WINDOWS. NEWLY PAINTED THROUGHOUT, INCLUDING 42" KITCHEN CABINETS. GRANITE COUNTER TOPS IN KITCHEN AND BATHROOMS. BREAKFAST BAR IN KITCHEN. HARDWOOD FLOORS IN COMMON AREAS. OPEN LIVING/DINING AREA WITH 10" CEILINGS. CONVENIENT LOCATION TO MANY RESTAURANTS, SHOPS, GROCERY, MUSEUM PARK AREA, LAKE MICHIGAN, BUS, ETC... ASSESSMENTS SCHEDULED FOR SLIGHT INCREASE IN 2025. PREMIUM PARKING SPACE AVAILABLE BUT NOT INCLUDED WITH PRICE.

Last Agent to Sell the Property

Andrew Yee

Vision Realty International License #471017455 Listed on: 11/18/2024

Last Buyer's Agent

Michael Gerhardt

RE/MAX PREMIER License #475110336

RE/MAX PREMIER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,072

Year Built

  • Built in 2005

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling height of 10 feet or more
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, security, tv/cable, exterior maintenance, scavenger, snow removal
  • 94 Units
  • Jack Beebe Association, Phone Number (312) 379-0400
  • High-Rise Condominium
  • Property managed by Forth Group
  • Lock-and-Leave Community
  • 12-Story Property

Amenities

  • Common Area
  • Elevator

Recreation

  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,072

Year Built

Built in 2005

Lot Details

0

HOA Fees

$528 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2005
  • Age: 16-20 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: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Ceiling - 10 Foot, Some Window Treatment, Granite Counters
  • LivingArea: 1200
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: No additional rooms
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • List Price: 339900
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete,Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 30000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 528
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Security Door Lock(s)
  • 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: Jack Beebe
  • Management Phone: 312-379-0400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6071.9
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Dec 15, 2024
Sold by
Yee Jessica Ann
Bought by
Shah Amol
Seller's Agent
Andrew Yee
Vision Realty International
Buyer's Agent
Michael Gerhardt
RE/MAX PREMIER
List Price
$339,900
Sold Price
$355,000
Premium/Discount to List
$15,100
4.44%
Views
17
Current Estimated Value
$383,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,893
Avg. Annual Appreciation
-0.15%
Original Mortgage
$337,250
Outstanding Balance
$336,215
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$18,397
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $355,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,250 New Conventional
Previous Owner $192,474 New Conventional
Previous Owner $206,000 New Conventional
Previous Owner $241,000 New Conventional
Previous Owner $243,500 New Conventional
Previous Owner $280,000 Unknown
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Off Market $355,000 -- --
12/20/2024 12/20/24 Sold $355,000 +4.4% $296 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $339,900 -- $283 / 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 $6,072 $33,288 $4,310 $28,978
2023 $5,896 $32,000 $3,468 $28,532
2022 $5,896 $32,000 $3,468 $28,532
2021 $5,782 $31,999 $3,468 $28,531
2020 $5,699 $28,684 $2,848 $25,836
2019 $5,562 $31,115 $2,848 $28,267
2018 $5,468 $31,115 $2,848 $28,267
2017 $5,361 $28,278 $2,353 $25,925
2016 $5,164 $28,278 $2,353 $25,925
2015 $4,701 $28,278 $2,353 $25,925
2014 $3,326 $20,494 $2,105 $18,389
2013 $3,249 $20,494 $2,105 $18,389
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andrew Yee

    Vision Realty International

    (630) 863-4020

    1 in this area

    27 Total Sales

    Andrew Yee
    Section Image
  • Michael Gerhardt

    Buyer's Agent in 2024

    Michael Gerhardt

    RE/MAX PREMIER

    (773) 551-1586

    1 in this area

    148 Total Sales

    Michael Gerhardt
    Section Image
See All Agents

About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12212782

Midwest Real Estate Data (MRED)

APN: 17-22-307-121-1173

Illinois Cook County Chicago 60616 Prairie District

1819 S Michigan Ave Unit 506, Chicago, IL

This home is located at 1819 S Michigan Ave Unit 506, Chicago, IL 60616 and is currently priced at $355,000, approximately $295 per square foot. This property was built in 2005. 1819 S Michigan Ave Unit 506 is a home located in Cook County with nearby schools including National Teachers Academy, Wendell Phillips Academy High School, and Perspectives Chtr - Joslin Campus.

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