M
Seller's Agent in 2025
Mark Anthony
arhome realty
(773) 775-5500
1 in this area
33 Total Sales
Stratford at South Commons 2605 S Indiana Ave Unit 501 Chicago, IL 60616
South Commons Neighborhood
2
Beds
2
Baths
1,325
Sq Ft
$1,007/mo
HOA Fee
Highlights
- Doorman
- Lock-and-Leave Community
- Elevator
- Fitness Center
- Community Pool
- Park
About This Home
As of August 2025Spacious 2-Bed, 2-Bath Condo with Skyline Views and Top Amenities This bright and spacious 2-bedroom, 2-bath condo features two private balconies, including a south-facing balcony with stunning skyline views. Just blocks from McCormick Place and the lakefront, the location offers easy access to the South Loop, public transportation, and major highways. The HOA includes heat, cable, and high-speed internet, keeping your monthly expenses simple and predictable. Parking space included. Don't need parking? Rent out your parking space instead. Inside, you'll find new stainless steel appliances, energy-efficient A/C units, heated floors, fresh paint, and great closet space throughout. The primary suite includes a private bath and ample storage, plus an extra storage locker is included in the building. Enjoy resort-style amenities like a pool, gym, bike room, laundry room, gated parking, and 24/7 door staff. This condo is move-in ready and a smart alternative to rising rent prices. Why rent when you can own and build equity. Explore it anytime through our 3D virtual tour.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,108
Year Built
- Built in 1971 | Remodeled in 2024
HOA Fees
- $1,007 Monthly HOA Fees
Home Design
- Entry on the 5th floor
- Stone Siding
Interior Spaces
- 1,325 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Secured Garage or Parking
- Parking Lot
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Heating System Uses Natural Gas
- High Speed Internet
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 207 Units
- Firstservice Residential Association, Phone Number (312) 842-9590
- Property managed by Natasha Mobley
- Lock-and-Leave Community
- 24-Story Property
Amenities
- Doorman
- Picnic Area
- Coin Laundry
- Elevator
- Package Room
Recreation
- Park
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2025
Closed on
Aug 8, 2025
Sold by
Vicharapu Sambasivarao and Vicharapu Sambasiva Rao
Bought by
Miljakovic Nikola
Seller's Agent
Mark Anthony
arhome realty
Buyer's Agent
Jelena Dimitrijevski
HomeSmart Connect LLC
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Views
99
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$157,500
Outstanding Balance
$153,539
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$23,094
Purchase Details
Closed on
Aug 16, 2002
Sold by
South Commons Llc
Bought by
Vicharapu Sambasivarao and Munisamy Geetha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.63%
Mortgage Type
Balloon
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 | $175,000 | Saturn Title | |
| Special Warranty Deed | $157,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,500 | Seller Take Back | |
| Previous Owner | $209,700 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $65,000 | Credit Line Revolving | |
| Previous Owner | $128,000 | Unknown | |
| Previous Owner | $125,600 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Sold | $175,000 | 0.0% | $132 / Sq Ft |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $175,000 | -2.8% | $132 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $180,000 | -2.7% | $136 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $185,000 | -- | $140 / 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 | $3,108 | $21,310 | $2,388 | $18,922 |
| 2023 | $3,008 | $18,000 | $1,931 | $16,069 |
| 2022 | $3,008 | $18,000 | $1,931 | $16,069 |
| 2021 | $2,958 | $17,998 | $1,930 | $16,068 |
| 2020 | $1,515 | $9,903 | $1,640 | $8,263 |
| 2019 | $1,487 | $10,832 | $1,640 | $9,192 |
| 2018 | $1,461 | $10,832 | $1,640 | $9,192 |
| 2017 | $1,457 | $10,144 | $1,447 | $8,697 |
| 2016 | $1,532 | $10,144 | $1,447 | $8,697 |
| 2015 | $1,378 | $10,144 | $1,447 | $8,697 |
| 2014 | $1,624 | $11,320 | $1,230 | $10,090 |
| 2013 | $1,581 | $11,320 | $1,230 | $10,090 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Anthony
-
Jelena Dimitrijevski
J
Buyer's Agent in 2025
Jelena Dimitrijevski
HomeSmart Connect LLC
(224) 578-5753
4 in this area
13 Total Sales
About Stratford at South Commons
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12365514
APN: 17-27-305-140-1028
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