1845 S Michigan Ave Unit 1801 Chicago, IL 60616
Prairie District Neighborhood
2
Beds
2
Baths
1,050
Sq Ft
$525/mo
HOA Fee
Highlights
- 1 Car Attached Garage
- Entrance Foyer
- Central Air
- No Interior Steps
- Accessibility Features
- 3-minute walk to Chicago Women's Park and Gardens
About This Home
As of October 2024Perfect South Loop location with amazing views of Lake Michigan, Soldier Field, city views to the North and West from the balcony of this 18th floor 2 bed 2 bath corner unit. Unit is very well-maintained, tons of natural light, in unit laundry and garage parking included in price. Walk to restaurants, entertainment and parks with easy access to public transportation when needed. Unit is larger than it shows in photos, great space for entertaining with a nice balcony to enjoy sunny days and quiet evenings.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,853
Year Built
- Built in 2003
Lot Details
- Additional Parcels
HOA Fees
- $525 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Interior Spaces
- 1,050 Sq Ft Home
- Entrance Foyer
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Accessibility Features
- No Interior Steps
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, tv/cable, scavenger
- 140 Units
- Contact Office Association, Phone Number (312) 379-0400
- Property managed by The Forth Group
- 20-Story Property
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2024
Closed on
Oct 1, 2024
Sold by
Marcos Velazquez Trust and Yolanda P Velazquez Trust
Bought by
Zhu Peitao and Coons David Mcallister
Seller's Agent
David Miranda
Kale Realty
Buyer's Agent
Jim Abbott
Baird & Warner
List Price
$409,900
Sold Price
$380,000
Premium/Discount to List
-$29,900
-7.29%
Views
28
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
$9,046
Avg. Annual Appreciation
15.70%
Original Mortgage
$285,000
Outstanding Balance
$283,397
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$151,149
Purchase Details
Closed on
Oct 13, 2017
Sold by
Velazquez Marcos A and Velazquez Yolanda P
Bought by
Velazquez Marcos A and Marcos Velazquez Trust
Purchase Details
Listed on
Apr 30, 2014
Closed on
Jul 28, 2014
Sold by
Malfeo Joseph and Malfeo Mary A
Bought by
Velazouez Marcos A and Velazouez Yolanda P
Seller's Agent
Mary Malfeo
Command Capital Brokerage Services Inc.
Buyer's Agent
Mary Malfeo
Command Capital Brokerage Services Inc.
List Price
$397,000
Sold Price
$365,000
Premium/Discount to List
-$32,000
-8.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$292,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 2008
Sold by
Malfeo Mary A and Malfeo Joseph
Bought by
Malfeo Joseph and Malfeo Mary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,400
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2006
Sold by
Koniecko Tomasz and Koniecko Edyta
Bought by
Garritano Mary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Deed | $380,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $365,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Cti | |
| Warranty Deed | $378,000 | Marquis |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | New Conventional | |
| Previous Owner | $259,500 | New Conventional | |
| Previous Owner | $292,000 | New Conventional | |
| Previous Owner | $277,414 | New Conventional | |
| Previous Owner | $314,400 | Purchase Money Mortgage | |
| Previous Owner | $356,000 | Purchase Money Mortgage | |
| Previous Owner | $300,600 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $380,000 | -5.0% | $362 / Sq Ft |
| 08/27/2024 08/27/24 | Pending | -- | -- | -- |
| 08/18/2024 08/18/24 | Price Changed | $399,900 | -2.4% | $381 / Sq Ft |
| 06/18/2024 06/18/24 | For Sale | $409,900 | +12.3% | $390 / Sq Ft |
| 07/28/2014 07/28/14 | Sold | $365,000 | -2.4% | $299 / Sq Ft |
| 06/14/2014 06/14/14 | Pending | -- | -- | -- |
| 06/06/2014 06/06/14 | Price Changed | $374,000 | -1.3% | $307 / Sq Ft |
| 05/29/2014 05/29/14 | Price Changed | $379,000 | -1.6% | $311 / Sq Ft |
| 05/29/2014 05/29/14 | Price Changed | $385,000 | -1.0% | $316 / Sq Ft |
| 05/14/2014 05/14/14 | Price Changed | $389,000 | -2.0% | $319 / Sq Ft |
| 04/30/2014 04/30/14 | For Sale | $397,000 | -- | $325 / Sq Ft |
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 | $5,927 | $38,463 | $3,527 | $34,936 |
| 2023 | $5,777 | $28,000 | $2,838 | $25,162 |
| 2022 | $5,777 | $28,000 | $2,838 | $25,162 |
| 2021 | $5,647 | $27,999 | $2,837 | $25,162 |
| 2020 | $6,584 | $29,554 | $2,330 | $27,224 |
| 2019 | $6,468 | $32,193 | $2,330 | $29,863 |
| 2018 | $6,359 | $32,193 | $2,330 | $29,863 |
| 2017 | $5,607 | $26,044 | $1,925 | $24,119 |
| 2016 | $5,216 | $26,044 | $1,925 | $24,119 |
| 2015 | $4,772 | $26,044 | $1,925 | $24,119 |
| 2014 | $3,859 | $23,367 | $1,722 | $21,645 |
| 2013 | $3,772 | $23,367 | $1,722 | $21,645 |
Source: Public Records
Agents Affiliated with this Home
-
David Miranda
D
Seller's Agent in 2024
David Miranda
Kale Realty
(312) 953-6165
1 in this area
16 Total Sales
-
Jim Abbott
Buyer's Agent in 2024
Jim Abbott
Baird Warner
(847) 668-8955
1 in this area
188 Total Sales
-
M
Seller's Agent in 2014
Mary Malfeo
Command Capital Brokerage Services Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12086978
APN: 17-22-307-106-1109
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