S
Seller's Agent in 2024
Sarah Ortega
Baird Warner
(773) 576-3836
1 in this area
60 Total Sales
2901 S Michigan Ave Unit 1608 Chicago, IL 60616
South Commons NeighborhoodEstimated Value: $93,000 - $95,000
--
Bed
1
Bath
--
Sq Ft
$370/mo
HOA Fee
Highlights
- Landscaped Professionally
- Fenced Yard
- Entrance Foyer
- Elevator
- Walk-In Closet
- Storage
About This Home
As of July 2024Welcome to this 16th floor studio condo with a SPECTACULAR downtown skyline view! Large living/bedroom area with Gorgeous Floor to Ceiling Windows allowing for Breath-Taking Natural Light & Views! Eat-in kitchen (with space for bar stools) features maple cabinets and spacious counter space. Huge closet space leads to the bathroom with a newer vanity! Building amenities include elevator, outdoor pool, storage, coined laundry room and an on-site engineer. Close proximity to downtown Chicago, Lake Michigan, Guaranteed Rate Field, McCormick Place, Walgreens, Mariano's, public transportation, LSD and 90/94. Free street parking. Rental parking is available from the management office. Please note - 48 hours notice needed for showings.
Last Agent to Sell the Property
Baird & Warner License #475170735 Listed on: 04/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,273
Year Built
- Built in 1964
Lot Details
- Fenced Yard
- Landscaped Professionally
HOA Fees
- $370 Monthly HOA Fees
Home Design
- Studio
Interior Spaces
- Entrance Foyer
- Combination Dining and Living Room
- Storage
- Laminate Flooring
- Range
Bedrooms and Bathrooms
- Walk-In Closet
- 1 Full Bathroom
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiant Heating System
Community Details
Overview
- Association fees include heat, water, gas, insurance, exterior maintenance, scavenger
- 200 Units
- Nathaniel Smiley Association, Phone Number (312) 842-9720
- High-Rise Condominium
- Property managed by South Commons Phase 1 Condominium Association
- 16-Story Property
Amenities
- Common Area
- Laundry Facilities
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 30 lbs
- Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2024
Closed on
Jul 30, 2024
Sold by
Sobeck David A and Maher Michael J
Bought by
Mason Terrence A
Seller's Agent
Sarah Ortega
Baird & Warner
Buyer's Agent
Ron Ehlers
Compass
List Price
$89,000
Sold Price
$89,000
Views
88
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
$4,724
Avg. Annual Appreciation
4.91%
Original Mortgage
$80,100
Interest Rate
7.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2005
Sold by
Germack Frank A and Germack Elyse W
Bought by
Sobeck David A and Maher Michael J
Purchase Details
Closed on
Mar 23, 2000
Sold by
South Commons Llc
Bought by
Germack Frank A and Germack Elyse W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,600
Interest Rate
8.25%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mason Terrence A | $89,000 | None Listed On Document | |
| Sobeck David A | $78,000 | Ctic | |
| Germack Frank A | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mason Terrence A | $84,500 | |
| Closed | Mason Terrence A | $80,100 | |
| Previous Owner | Maher Michael J | $63,000 | |
| Previous Owner | Germack Frank A | $32,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2024 07/30/24 | Sold | $89,000 | 0.0% | -- |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $89,000 | 0.0% | -- |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | For Sale | $89,000 | -- | -- |
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 | $1,337 | $7,625 | $2,009 | $5,616 |
| 2023 | $1,303 | $6,315 | $1,623 | $4,692 |
| 2022 | $1,303 | $6,315 | $1,623 | $4,692 |
| 2021 | $1,273 | $6,314 | $1,622 | $4,692 |
| 2020 | $901 | $4,045 | $1,327 | $2,718 |
| 2019 | $894 | $4,450 | $1,327 | $3,123 |
| 2018 | $879 | $4,450 | $1,327 | $3,123 |
| 2017 | $678 | $3,150 | $1,106 | $2,044 |
| 2016 | $631 | $3,150 | $1,106 | $2,044 |
| 2015 | $577 | $3,150 | $1,106 | $2,044 |
| 2014 | $457 | $2,463 | $940 | $1,523 |
| 2013 | $448 | $2,463 | $940 | $1,523 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Ortega
-
Ron Ehlers
Buyer's Agent in 2024
Ron Ehlers
Compass
(847) 975-5515
1 in this area
102 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11998047
APN: 17-27-310-093-1284
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