NOT LISTED FOR SALE

Estimated Value: $239,000 - $293,000

1 Bed
1 Bath
725 Sq Ft
3.47 Acres

Last Sold April 18, 2022

Last sale price $218,000 $301 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,832/month

Highlights

  • Doorman
  • 4-minute walk to State/Lake Station (Downtown Loop)
  • Party Room
  • Fitness Center
  • Rooftop Deck
  • Sundeck

About This Home

As of July 2024

application verbally accepted- paperwork pending-.-Amazing views of city are yours (two balconies!) in this updated Marina Towers 1 bed / 1 bath. Kitchen upgraded, all brand new: Stainless steel appliances - oven-range, refrigerator, dishwasher, microwave. Plus new white cabinets, backsplash, granite counters. Hardwood floor in living room. Newly carpeted bedroom with walk-in closet. Bathroom has new Jacuzzi tub, extra deep for ultimate relaxation, plus new toilet, vanity, fixtures. Entire unit freshly painted. New lighting. Rooftop deck, fitness center, coin laundry, 24 hr doorman. Nearby shopping, restaurants and entertainment complete the picture: House of Blues, Dick's Last Resort, Yolk, Spin, Chicago Riverwalk... city living, Chicago style! Easily walk to the Magnificent Mile or Loop. Urban living to the max! No security deposit. $500 non-refundable Admin Fee to the owner. $275 non-refundable Move-in fee to Management. 2 yr lease preferred. Credit check mandatory @ $50 + 3% fee, or you may use your own. Utilities are electric - tenant responsibility. Broadband internet is additional (cable tv is included). On-site garage parking available for lease. No smoking in unit. Sorry, no pets.

Last Agent to Rent the Property

Chester Jakala

Telequest Corp. License #471014664 Listed on: 07/05/2024

Co-Listed By

Joshua Novy

Telequest Corp.

Last Renter's Agent

Chester Jakala

Telequest Corp. License #471014664 Listed on: 07/05/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1962 | Remodeled in 2022

Lot Details

  • 3.47

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Driveway

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 725 Sq Ft Home
  • Storage
  • Door Monitored By TV

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Rooftop Deck

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 8/1/24
  • Rent includes cable TV, water, scavenger, doorman, exterior maintenance
  • 24 Month Lease Term

Community Details

Overview

  • 896 Units
  • Melisha Hickman Association, Phone Number (312) 644-1187
  • Marina Towers Subdivision
  • Property managed by FirstService Residential
  • 60-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Coin Laundry
  • Service Elevator
  • Package Room
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,064

Year Built

Built in 1962 | Remodeled in 2022

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-08-01
  • Lease Amount: 285
  • Lease Term: 24 Months
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1950
  • Security Deposit: 0
  • Is Parking Included in Price: No
  • Fees/Approvals: Credit Report,Move-in Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Marina Towers
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 49
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialLease
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 60
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Elevator, Storage
  • LivingArea: 725
  • Room Type: No additional rooms
  • Stories Total: 60
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Door Monitored By TV, Cable Access
  • List Price: 1950
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Restaurant, Service Elevator(s), Valet/Cleaner
  • Rent Includes: Cable TV, Water, Scavenger, Doorman, Exterior Maintenance
  • Management: Manager On-site
  • Management Company: FirstService Residential
  • Management Contact Name: Melisha Hickman
  • Management Phone: 312-644-1187X9

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Apr 25, 2022
Sold by
Radian Dinu and The Estate Of Daniella Leinwand
Bought by
Chunduru Rajasekhar and Chunduru Prameela
Seller's Agent
Dawn Venit
Baird & Warner
Buyer's Agent
Chester Jakala
Telequest Corp.
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Current Estimated Value
$267,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,069
Avg. Annual Appreciation
5.98%
Original Mortgage
$152,600
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2021
Closed on
Apr 18, 2022
Sold by
Leinwand Daniella and The Estate Of Daniella Leinwand
Bought by
Chunduru Rajasekhar and Chunduru Prameela
Seller's Agent
Dawn Venit
Baird & Warner
Buyer's Agent
Chester Jakala
Telequest Corp.
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chunduru Rajasekhar $218,000 --
Chunduru Rajasekhar $218,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chunduru Rajasekhar $152,600
Closed Leinwand Daniella $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Rented $1,950 0.0% --
07/14/2024 07/14/24 Under Contract -- -- --
07/05/2024 07/05/24 For Rent $1,950 +4.0% --
07/16/2022 07/16/22 Rented $1,875 0.0% --
07/05/2022 07/05/22 For Rent $1,875 0.0% --
04/18/2022 04/18/22 Sold $218,000 -3.1% $301 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $225,000 0.0% $310 / Sq Ft
03/16/2017 03/16/17 Rented $1,595 -0.1% --
02/17/2017 02/17/17 For Rent $1,596 +14.3% --
01/15/2016 01/15/16 Rented $1,396 -17.6% --
12/16/2015 12/16/15 Under Contract -- -- --
09/03/2015 09/03/15 For Rent $1,695 -- --
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 $5,064 $24,736 $3,545 $21,191
2023 $4,233 $24,000 $2,862 $21,138
2022 $4,233 $24,000 $2,862 $21,138
2021 $4,156 $23,999 $2,862 $21,137
2020 $3,587 $19,203 $2,205 $16,998
2019 $3,499 $20,847 $2,205 $18,642
2018 $3,439 $20,847 $2,205 $18,642
2017 $3,578 $19,998 $1,878 $18,120
2016 $3,505 $19,998 $1,878 $18,120
2015 $3,184 $19,998 $1,878 $18,120
2014 $2,817 $17,751 $1,219 $16,532
2013 $2,750 $17,751 $1,219 $16,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12102505

Midwest Real Estate Data (MRED)

APN: 17-09-410-014-1161