1845 S Michigan Ave Unit 602 Chicago, IL 60616
Prairie District Neighborhood
1
Bed
1
Bath
--
Sq Ft
$460/mo
HOA Fee
Highlights
- Wood Flooring
- Living Room
- Forced Air Heating and Cooling System
- Balcony
- Laundry Room
- 3-minute walk to Chicago Women's Park and Gardens
About This Home
As of December 2024This Great 1-Bedroom Unit Offers a Private Terrace with Amazing Views of the City. Located on the 6th Floor, the Unit Features a Bright and Functional Layout. Close to Public Transportation, Shopping, and Expressways. Investor-Friendly with no Rental Cap. Easy to Show-Schedule your Viewing Today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,175
Year Built
- Built in 2003
HOA Fees
- $460 Monthly HOA Fees
Interior Spaces
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat
- 138 Units
- Jack Beebe Association, Phone Number (312) 379-0400
- Property managed by Forth Group
- 20-Story Property
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Dec 30, 2024
Sold by
Chicago Rental Direct Llc
Bought by
Resulovic Sabrina
Seller's Agent
Sana Samawi
RE/MAX 10
Buyer's Agent
Elias Masud
Compass
List Price
$224,000
Sold Price
$225,000
Premium/Discount to List
$1,000
0.45%
Views
29
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
$8,746
Avg. Annual Appreciation
5.68%
Original Mortgage
$180,000
Outstanding Balance
$178,924
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$54,822
Purchase Details
Closed on
Jan 2, 2018
Sold by
Gonder Odeh Monika
Bought by
Chicago Rental Direct Llc
Purchase Details
Closed on
Jul 29, 2003
Sold by
1845 S Michigan Llc
Bought by
Gonder Odeh Monika
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,930
Interest Rate
5.47%
Mortgage Type
Balloon
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 | $225,000 | None Listed On Document | |
| Quit Claim Deed | -- | Attorney | |
| Special Warranty Deed | $150,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Previous Owner | $172,500 | Unknown | |
| Previous Owner | $104,930 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $225,000 | +0.4% | -- |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 11/11/2024 11/11/24 | For Sale | $224,000 | -- | -- |
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 | $3,175 | $21,125 | $1,937 | $19,188 |
| 2023 | $3,095 | $15,001 | $1,559 | $13,442 |
| 2022 | $3,095 | $15,001 | $1,559 | $13,442 |
| 2021 | $3,025 | $14,999 | $1,558 | $13,441 |
| 2020 | $3,616 | $16,232 | $1,280 | $14,952 |
| 2019 | $3,552 | $17,680 | $1,280 | $16,400 |
| 2018 | $3,492 | $17,680 | $1,280 | $16,400 |
| 2017 | $3,079 | $14,303 | $1,057 | $13,246 |
| 2016 | $2,865 | $14,303 | $1,057 | $13,246 |
| 2015 | $2,621 | $14,303 | $1,057 | $13,246 |
| 2014 | $2,381 | $12,834 | $946 | $11,888 |
| 2013 | $1,856 | $12,834 | $946 | $11,888 |
Source: Public Records
Agents Affiliated with this Home
-
Sana Samawi
Seller's Agent in 2024
Sana Samawi
RE/MAX
(708) 717-8900
1 in this area
28 Total Sales
-
Elias Masud
E
Buyer's Agent in 2024
Elias Masud
Compass
(312) 600-7027
4 in this area
568 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12208432
APN: 17-22-307-106-1002
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