NOT LISTED FOR SALE

2024 S Wabash Ave Unit 506 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $318,000 - $397,000

2 Beds
2 Baths
1,200 Sq Ft
$433/mo HOA Fee

Last Sold January 03, 2020

Last sale price $285,000 $238 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,758/month

33 Days on Market

Highlights

  • Fitness Center
  • Elevator
  • Resident Manager or Management On Site
  • Wood Flooring
  • Balcony
  • Laundry Room

About This Home

As of January 2020

Great condo in the south loop neighborhood. Spacious 2 bedroom soft loft. Master suite with huge walk-in closet and full bathroom. Lots of closet space throughout. Granite counters, brand new stainless steel appliances, with a balcony. In-unit washer/dryer included and a gas fireplace. Close to dining, new Wintrust arena, Soldier Field and downtown Chicago. $65 fee for internet. MUTIPLE OFFERS RECEIVED, BEST AND HIGHEST DUE TUESDAY 12/10/19 at 9am

Last Agent to Sell the Property

Donna Rogers

MRS Real Estate Firm License #471019590 Listed on: 11/07/2019

Last Buyer's Agent

Xavier Cruz

Property Consultants Realty License #475179969

Property Consultants Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,037

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities
  • 42 Units
  • Manager Association, Phone Number (312) 666-0149
  • Property managed by Hales Property Managment
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,037

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Loft
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo-Loft
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • LivingArea: 1200
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: No additional rooms
  • Stories Total: 7
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Size Limit
  • Association Fee: 433
  • Association Amenities: Elevator(s), Exercise Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Hales Property Managment
  • Management Contact Name: Manager
  • Management Phone: 312-666-0149

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exercise Facilities

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5036.91
  • Tax Year: 2018

Multi Family

  • Units in Building: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 19, 2019
Sold by
Ollie Mae Llc 2024 Wabash
Bought by
Gaynor Adam
Seller's Agent
Donna Rogers
MRS Real Estate Firm
Buyer's Agent
Xavier Cruz
Property Consultants Realty
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$363,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,681
Avg. Annual Appreciation
4.28%
Original Mortgage
$269,325
Outstanding Balance
$238,691
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$124,990

Purchase Details

Closed on
Mar 16, 2015
Sold by
Rogers Steve
Bought by
Ollie Mae Llc 2024 S Wabash

Purchase Details

Closed on
Dec 5, 2010
Sold by
American Home Mortgage Acceptance Inc
Bought by
Rogers Akilah

Purchase Details

Closed on
Nov 4, 2010
Sold by
Rogers Akilah
Bought by
Rogers Steven

Purchase Details

Closed on
Feb 15, 2008
Sold by
Roadhouse William
Bought by
American Home Mortgage Acceptance Inc

Purchase Details

Closed on
Sep 24, 2004
Sold by
The Reliable Building Llc
Bought by
Roadhouse William
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gaynor Adam $283,500 Lakeland Title Services
Ollie Mae Llc 2024 S Wabash -- None Available
Rogers Akilah $116,500 None Available
Rogers Steven -- None Available
American Home Mortgage Acceptance Inc -- None Available
Roadhouse William $270,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaynor Adam $269,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2020 01/03/20 Sold $285,000 +3.6% $238 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $275,000 0.0% $229 / Sq Ft
01/25/2018 01/25/18 Rented $1,925 0.0% --
12/28/2017 12/28/17 Under Contract -- -- --
12/07/2017 12/07/17 Price Changed $1,925 -3.8% $2 / Sq Ft
11/29/2017 11/29/17 For Rent $2,000 +8.1% --
12/15/2015 12/15/15 Under Contract -- -- --
12/15/2015 12/15/15 Rented $1,850 -3.9% --
11/02/2015 11/02/15 For Rent $1,925 -1.3% --
07/06/2015 07/06/15 Rented $1,950 -7.1% --
07/01/2015 07/01/15 Under Contract -- -- --
05/29/2015 05/29/15 For Rent $2,100 -- --
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 $5,013 $28,495 $9,881 $18,614
2023 $4,865 $27,000 $8,113 $18,887
2022 $4,865 $27,000 $8,113 $18,887
2021 $4,774 $26,999 $8,112 $18,887
2020 $5,217 $23,420 $6,530 $16,890
2019 $5,123 $25,499 $6,530 $18,969
2018 $5,037 $25,499 $6,530 $18,969
2017 $2,755 $12,796 $5,394 $7,402
2016 $2,563 $12,796 $5,394 $7,402
2015 $2,345 $12,796 $5,394 $7,402
2014 $2,140 $11,533 $4,826 $6,707
2013 -- $11,533 $4,826 $6,707
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donna Rogers

    MRS Real Estate Firm

    (773) 807-1180

    68 Total Sales

    Donna Rogers
    Section Image

  • X

    Buyer's Agent in 2020

    Xavier Cruz

    Property Consultants Realty

    Section Image
  • Bob Copeland

    Buyer's Agent in 2018

    Bob Copeland

    Keller Williams ONEChicago

    (847) 508-0123

    34 Total Sales

    Bob Copeland
    Section Image
  • Varian Dean

    Seller's Agent in 2015

    Varian Dean

    Coldwell Banker Realty

    (773) 451-5833

    15 Total Sales

    Varian Dean
    Section Image
  • Ryan Grober

    Seller's Agent in 2015

    Ryan Grober

    Jameson Sotheby's Intl Realty

    (708) 275-6083

    1 in this area

    35 Total Sales

    Ryan Grober
    Section Image
  • Norma Lawson

    Seller Co-Listing Agent in 2015

    Norma Lawson

    EXIT Strategy Realty

    (773) 720-7711

    51 Total Sales

    Norma Lawson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10569249

Midwest Real Estate Data (MRED)

APN: 17-22-311-030-1034

Illinois Cook County Chicago 60616 South Loop

2024 S Wabash Ave Unit 506, Chicago, IL

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