$370,000
SOLD JAN 31, 2025

2332 S Michigan Ave Unit 305 Chicago, IL 60616

South Loop Neighborhood
2 Beds
2 Baths
1,600 Sq Ft
$502/mo HOA Fee

Recently Sold

$231 Per Sq Ft

1% Below List Price

102 Days on Market

Highlights

  • Heated Floors
  • Lock-and-Leave Community
  • Granite Countertops
  • Open Floorplan
  • Steam Shower
  • Beamed Ceilings

About This Home

As of January 2025

Discover the charm of this sunny south-facing timber loft in the historic Motor Row neighborhood. This tastefully updated 2BR/2BA unit features exposed brick and high ceilings with beam work, creating a warm and inviting atmosphere. The open-concept living area centers around a gas fireplace and extends to a balcony off the living room. The modern kitchen boasts 42'' designer cabinets, stainless steel appliances, granite countertops, and an oversized island for additional seating. Adjacent to the kitchen is a versatile nook, ideal for an office, bar, or extra storage space. The spacious primary bedroom is a serene retreat with an oversized window that bathes the room in natural light. The luxurious en suite bathroom includes a soaking tub, steam shower, heated floors, and elegant Spanish Emperador marble accents. An attached walk-in closet with custom built-ins offers ample storage. The split floor plan ensures privacy, with the second bedroom located off the foyer. This room features double closets and a nook perfect for a desk, dresser, or vanity. The second bathroom, designed to complement the primary suite, is conveniently situated off the hallway, along with additional storage and an in-unit washer and dryer. Attached heated garage, providing comfort and convenience year-round.

Last Agent to Sell the Property

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 09/19/2024

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Arianna Esper

Berkshire Hathaway HomeServices Chicago License #475171554

Last Buyer's Agent

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 09/19/2024

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,678

Lot Details

  • Additional Parcels

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • National Teachers Elementary Sch
  • Phillips Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 22 Units
  • Steve Salinas Association, Phone Number (312) 379-0400
  • Mid-Rise Condominium
  • Property managed by Fourth Group
  • Lock-and-Leave Community

Amenities

  • Sundeck
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,678

Lot Details

0

HOA Fees

$502 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Beamed Ceilings, Open Floorplan, Dining Combo, Drapes/Blinds, Granite Counters
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 375000
  • OtherStructures: Garage(s), Storage
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 25000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 502
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Sundeck, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Fourth Group
  • Management Contact Name: Steve Salinas
  • Management Phone: 312-379-0400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels Description: 17291090281042
  • 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: 999

Tax Info

  • Tax Annual Amount: 8678.1
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Jan 29, 2025
Sold by
Andrews Ana E and Lavalley Ana E
Bought by
Ziyad Marissa
Seller's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Total Days on Market
102
Views
150
Current Estimated Value
$398,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,504
Avg. Annual Appreciation
13.17%

Purchase Details

Listed on
Aug 30, 2018
Closed on
Nov 30, 2018
Sold by
Theo Investments Llc
Bought by
Lavalley Ana E
Seller's Agent
Mushir Owaynat
Loop Realty Firm
Buyer's Agent
Stuart Blaylock
Compass
List Price
$369,000
Sold Price
$362,000
Premium/Discount to List
-$7,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%

Purchase Details

Closed on
Oct 26, 2016
Sold by
Buford
Bought by
Theo Investments Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 Chicago Title
Warranty Deed $362,000 Old Republic Title
Sheriffs Deed $284,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $370,000 -1.3% $231 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $375,000 +3.6% $234 / Sq Ft
11/30/2018 11/30/18 Sold $362,000 -1.9% $226 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $369,000 -- $231 / 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 $8,044 $33,642 $2,725 $30,917
2023 $7,840 $38,000 $2,200 $35,800
2022 $7,840 $38,000 $2,200 $35,800
2021 $7,664 $37,999 $2,199 $35,800
2020 $6,700 $30,076 $1,799 $28,277
2019 $6,647 $33,086 $1,799 $31,287
2018 $6,536 $33,086 $1,799 $31,287
2017 $6,099 $28,331 $1,499 $26,832
2016 $5,674 $28,331 $1,499 $26,832
2015 $5,192 $28,331 $1,499 $26,832
2014 $5,681 $30,621 $1,274 $29,347
2013 $5,569 $30,621 $1,274 $29,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12168636

Midwest Real Estate Data (MRED)

APN: 17-27-109-028-1012