NOT LISTED FOR SALE

2000 S Michigan Ave Unit 305 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $329,624 - $392,000

1 Bed
1.5 Baths
1,200 Sq Ft
$447/mo HOA Fee

Last Sold July 08, 2021

Last sale price $400,000 $333 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,630/month

11 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Rooftop Deck
  • Wood Flooring
  • 5-minute walk to Chicago Women's Park and Gardens

About This Home

As of July 2021

This is a handsome and sophisticated 1200 SF TRUE loft in the historic Locomobile Building. Massive wall-to-wall windows overlook the stately Gothic Revival church across the street, providing complete privacy and tremendous light. The main level living space is elegant and dramatic, with 13-17ft ceilings. Upstairs, the lofted second floor bedroom suite has a pitched roof with access to a large private deck. Hardwood floors throughout, contemporary galley kitchen, in-unit washer/dryer and half-bath on the main floor. This is a visually stunning, open concept space impeccably redesigned by the two artists who live there. Locomobile is a boutique elevator building with a friendly community and attentive condo association. Common amenities include an architect-designed gym and rooftop deck. Plans for a beautiful new deck have been fully permitted, with construction scheduled to begin in September. This property is in an unbeatable South Loop location, steps from the Lakefront Trail, Chinatown, restaurants, cafes, nightlife, Mariano's and excellent public transportation. Deeded garage parking included. See the video tour and visit this striking loft in person.

Last Agent to Sell the Property

Jane Wenger

Wenger Properties License #471000373 Listed on: 05/22/2021

Last Buyer's Agent

Marzena Frausto

Redfin Corporation License #475180812

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,301

Year Built

  • Built in 1910 | Remodeled in 2016

Lot Details

  • 0.49

HOA Fees

  • $447 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • Tilt-In Windows
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • National Teachers Elementary Sch
  • Phillips Academy High Middle School
  • Phillips Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Rooftop Deck
  • Additional Parcels

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 33 Units
  • Ned Pelinkaj Association, Phone Number (312) 414-1105
  • Low-Rise Condominium
  • Property managed by PropertyHill

Amenities

  • Sundeck
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 85 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,301

Year Built

Built in 1910 | Remodeled in 2016

Lot Details

0

HOA Fees

$447 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Loft,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Loft,Low Rise (1-3 Stories)
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2016
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • LivingArea: 1200
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Skylight(s),Some Tilt-In Windows

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Deck, Roof Deck
  • List Price: 400000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 447
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: PropertyHill
  • Management Contact Name: Ned Pelinkaj
  • Management Phone: 312-414-1105

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: National Teachers Elementary Sch
  • High School: Phillips Academy High School
  • Middle/Junior School: Phillips Academy High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 85

Tax Info

  • Tax Annual Amount: 4301.15
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 29, 2021
Sold by
Elniski James and Whitehead Frances
Bought by
Hall Marjani R
Seller's Agent
Jane Wenger
Wenger Properties
Buyer's Agent
Marzena Frausto
Redfin Corporation
Sold Price
$400,000
Current Estimated Value
$355,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,344
Avg. Annual Appreciation
-2.69%
Original Mortgage
$300,000
Outstanding Balance
$272,078
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$83,578

Purchase Details

Listed on
Nov 20, 2015
Closed on
Jan 14, 2016
Sold by
Quas Leonard A and Quas Carol
Bought by
Whitehead Frances and Elniski James
Seller's Agent
Nathan Binkley
Compass
Buyer's Agent
Jane Wenger
Wenger Properties
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Nov 5, 2004
Sold by
Quas Len
Bought by
Quas Len and Quas Carol

Purchase Details

Closed on
Sep 29, 2004
Sold by
Locomobile Lofts Llc
Bought by
Quas Len
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 Buyer Sale Price Title Company
Hall Marjani R $400,000 First American Title
Whitehead Frances $320,000 Attorney
Quas Len -- Chicago Title Insurance Comp
Quas Len $284,500 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Marjani R $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2021 07/08/21 Sold $400,000 0.0% $333 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/27/2021 05/27/21 For Sale -- -- --
05/24/2021 05/24/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $400,000 +25.0% $333 / Sq Ft
01/14/2016 01/14/16 Sold $320,000 +7.0% $267 / Sq Ft View Prior Sale
11/24/2015 11/24/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $299,000 -- $249 / 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 $3,810 $32,949 $11,860 $21,089
2023 $3,714 $18,000 $9,000 $9,000
2022 $3,714 $18,000 $9,000 $9,000
2021 $2,421 $17,999 $9,000 $8,999
2020 $3,920 $23,179 $7,838 $15,341
2019 $3,831 $25,239 $7,838 $17,401
2018 $3,764 $25,239 $7,838 $17,401
2017 $3,190 $20,896 $6,475 $14,421
2016 $4,185 $20,896 $6,475 $14,421
2015 $3,829 $20,896 $6,475 $14,421
2014 $4,303 $23,191 $5,793 $17,398
2013 $4,218 $23,191 $5,793 $17,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11097262

Midwest Real Estate Data (MRED)

APN: 17-22-312-027-1024