Motor Row Lofts 2303 S Michigan Ave Unit 317 Chicago, IL 60616
South Loop Neighborhood
1
Bed
1
Bath
926
Sq Ft
$535/mo
HOA Fee
Highlights
- Wood Flooring
- Elevator
- 1 Car Attached Garage
- Sundeck
- Balcony
- Intercom
About This Home
As of December 2024Opportunity to live in this South Loop, classic timber 1 bed / 1 bath loft in Iconic Motor Row Lofts! Here this historic building meets modern living in this stunning top-floor condo. Boasting 15' timber ceilings, exposed Chicago common brick and oversized floor-to-ceiling windows, this home is bathed in natural light and exudes a spacious, airy feel. The open concept living area is enhanced by hardwood floors, great lighting, and exposed beams for that perfect loft vibe. The kitchen features stainless steel appliances and great cabinet storage along with an island, making it perfect for entertaining. The primary bedroom includes an updated on-suite bathroom and double closets. The in-unit washer/dryer, generous closet space, and additional storage above the bathroom offer ample storage throughout. Step out onto the private balcony or head up to the rooftop deck to enjoy breathtaking views of the Chicago skyline. Prime indoor heated parking space included in the price. Additional perks include a communal bike room, extra allocated storage, and an HOA fee that covers a storage locker, parking, cable, and high-speed internet. All just steps from some of the city's best restaurants, shops, and bars. Nearby attractions include Chinatown, Museum Campus, and the lakefront, along with easy access to the Metra, CTA Green and Red Lines, and major expressways. Come check it out today!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471017201 Listed on: 10/03/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,865
Year Built
- Built in 1910 | Remodeled in 2010
HOA Fees
- $535 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 926 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Dual Sinks
Laundry
- Laundry Room
- Washer and Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Additional Parcels
Community Details
Overview
- Association fees include parking, tv/cable, internet
- 52 Units
- Brandon Clayton Association, Phone Number (312) 733-1414
- Motor Row Lofts Subdivision
- Property managed by ACM Condo Management
Amenities
- Sundeck
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Dec 9, 2024
Sold by
Miller David J
Bought by
Sanchez Jose Antonio and Sanchez Colleen
Seller's Agent
Lucas Blahnik
@properties Christie's International Real Estate
Buyer's Agent
John Floros
Fulton Grace Realty
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Views
91
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
$10,074
Avg. Annual Appreciation
5.00%
Original Mortgage
$275,500
Outstanding Balance
$273,788
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$26,286
Purchase Details
Listed on
Apr 18, 2022
Closed on
Jun 1, 2022
Sold by
Claudio Jose and Claudio Timothy
Bought by
Miller David J
Seller's Agent
Ginger Menne
Baird & Warner
Buyer's Agent
Lucas Blahnik
@properties Christie's International Real Estate
List Price
$320,000
Sold Price
$295,000
Premium/Discount to List
-$25,000
-7.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.68%
Original Mortgage
$280,250
Interest Rate
5.3%
Mortgage Type
New Conventional
Similar Homes in Chicago, IL
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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 |
|---|---|---|---|
| Warranty Deed | $290,000 | Proper Title | |
| Warranty Deed | $295,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,500 | New Conventional | |
| Previous Owner | $280,250 | New Conventional | |
| Previous Owner | $179,000 | New Conventional | |
| Previous Owner | $178,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $290,000 | -3.0% | $313 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $299,000 | +1.4% | $323 / Sq Ft |
| 06/15/2022 06/15/22 | Sold | $295,000 | 0.0% | $319 / Sq Ft |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 04/24/2022 04/24/22 | Price Changed | $295,000 | -7.8% | $319 / Sq Ft |
| 04/18/2022 04/18/22 | For Sale | $320,000 | -- | $346 / 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 | $5,191 | $23,473 | $1,624 | $21,849 |
| 2023 | $4,354 | $24,524 | $618 | $23,906 |
| 2022 | $4,354 | $24,524 | $618 | $23,906 |
| 2021 | $4,274 | $24,523 | $618 | $23,905 |
| 2020 | $3,611 | $19,312 | $618 | $18,694 |
| 2019 | $2,144 | $14,100 | $618 | $13,482 |
| 2018 | $1,077 | $8,889 | $618 | $8,271 |
| 2017 | $4,191 | $22,844 | $618 | $22,226 |
| 2016 | $236 | $3,677 | $618 | $3,059 |
| 2015 | $193 | $3,677 | $618 | $3,059 |
| 2014 | $206 | $3,677 | $618 | $3,059 |
| 2013 | $191 | $3,677 | $618 | $3,059 |
Source: Public Records
Agents Affiliated with this Home
-
Lucas Blahnik
Seller's Agent in 2024
Lucas Blahnik
@ Properties
(312) 576-6118
5 in this area
272 Total Sales
-
Anthony Flora
Seller Co-Listing Agent in 2024
Anthony Flora
@properties
(312) 339-7212
4 in this area
133 Total Sales
-
John Floros
J
Buyer's Agent in 2024
John Floros
Fulton Grace
(773) 698-6648
9 in this area
248 Total Sales
-
Ginger Menne
Seller's Agent in 2022
Ginger Menne
Baird Warner
(312) 927-0852
1 in this area
57 Total Sales
About Motor Row Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12171896
APN: 17-27-110-035-1035
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