2334 S Michigan Ave Unit 401 Chicago, IL 60616
South Loop Neighborhood
2
Beds
2.5
Baths
1,500
Sq Ft
$519/mo
HOA Fee
Highlights
- Wood Flooring
- Home Office
- Living Room
- Steam Shower
- 1 Car Attached Garage
- Laundry Room
About This Home
As of November 2024SPECTACULAR 2 BED/2.1 BATH, LUXURY, TRIPLEX, HIGLY UPGRADED CONDO/LOFT ON MICHIGAN AVE IN THE BOUTIQUE ELEVATOR BUILDING! FAMILY ROOM AND ANOTHER SMALL SPACE FOR OFFICE! HDWD FLOORS THRU-OUT; POWDER ROOM, FULL BATHS; SPACIOUS DESIGNER KIT W/SS APPL & ISLAND; HIGH COFFERED CEILINGS AND ORIGINAL EXPOSED WOOD TIMBERS AND EXPOSED BRICK WALLS! SPACIOUS MASTER BEDROOM WITH WALKIN CLOSETS. ROOFTOP DECK W/CITY VIEWS. INDOOR HEATED PKG AVAIL.WITH STORAGE ROOM FOR 25,000 EXCELLENT LOCATION ON REDESIGNED SOUTH MICHIGAN AVE'S MOTOR ROW DISTRICT. NEAR LAKEFRONT TRAIL, MUSEUM CAMPUS, RESTAURANTS. NEAR CHINATOWN, LITTLE ITALY, GREEK TOWN! CONVENIENT ACCESS TO EXPRESSWAYS 55, 90/94, LSD, GREEN LINE, IC.
Last Agent to Sell the Property
Sung Yoo
Kale Realty License #475178432 Listed on: 07/10/2024
Last Buyer's Agent
William Warr
Landmark M & M, Inc.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,698
Year Built
- Built in 1901 | Remodeled in 2008
Lot Details
- Additional Parcels
HOA Fees
- $519 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,500 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Home Office
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Steam Shower
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, scavenger, snow removal
- 22 Units
- Steve Salinas Association, Phone Number (312) 659-9096
- Triplex Penthouse Loft
- Property managed by Forth Group
- 6-Story Property
Pet Policy
- Pets up to 75 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2024
Closed on
Oct 21, 2024
Sold by
Yoo Sung and Wszolek Agnieszka E
Bought by
Zubeldia Francisco and Munoz Yira Argumedo
Seller's Agent
Sung Yoo
Kale Realty
Buyer's Agent
William Warr
Landmark M & M, Inc.
List Price
$455,000
Sold Price
$460,000
Premium/Discount to List
$5,000
1.1%
Views
52
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
-$4,956
Avg. Annual Appreciation
-6.20%
Original Mortgage
$368,000
Outstanding Balance
$366,167
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$69,473
Purchase Details
Closed on
Feb 13, 2020
Sold by
Yoo Sung and Wszolek Agnieszka E
Bought by
Yoo Sung and Wszolek Agnieszka E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,500
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2007
Sold by
Graceland Development Ltd
Bought by
Yoo Sung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,400
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Warranty Deed | $460,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Unisource | |
| Special Warranty Deed | $495,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $368,000 | New Conventional | |
| Previous Owner | $342,500 | New Conventional | |
| Previous Owner | $389,600 | New Conventional | |
| Previous Owner | $406,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $460,000 | +1.1% | $307 / Sq Ft |
| 09/23/2024 09/23/24 | For Sale | $455,000 | 0.0% | $303 / Sq Ft |
| 09/20/2024 09/20/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | Price Changed | $455,000 | -1.1% | $303 / Sq Ft |
| 07/10/2024 07/10/24 | For Sale | $460,000 | -- | $307 / 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 | $361 | $34,863 | $2,824 | $32,039 |
| 2023 | $7,341 | $39,000 | $2,280 | $36,720 |
| 2022 | $7,341 | $39,000 | $2,280 | $36,720 |
| 2021 | $7,194 | $38,999 | $2,279 | $36,720 |
| 2020 | $6,252 | $31,169 | $1,865 | $29,304 |
| 2019 | $6,200 | $34,288 | $1,865 | $32,423 |
| 2018 | $6,094 | $34,288 | $1,865 | $32,423 |
| 2017 | $6,408 | $33,141 | $544 | $32,597 |
| 2016 | $1,313 | $9,053 | $544 | $8,509 |
| 2015 | $0 | $2,371 | $544 | $1,827 |
| 2014 | -- | $2,371 | $544 | $1,827 |
| 2013 | -- | $2,371 | $544 | $1,827 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2024
Sung Yoo
Kale Realty
-
W
Buyer's Agent in 2024
William Warr
Landmark M & M, Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12061170
APN: 17-27-109-028-1014
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