NOT LISTED FOR SALE

Estimated Value: $260,000 - $307,000

1 Bed
1 Bath
725 Sq Ft
$761/mo HOA Fee

Last Sold May 01, 2024

Last sale price $290,000 $400 Per Sq Ft

Current estimated payment $2,865/month

12 Days on Market

Highlights

  • Doorman
  • 4-minute walk to State/Lake Station (Downtown Loop)
  • Party Room
  • Fitness Center
  • Waterfront
  • Elevator

About This Home

As of May 2024

Turn-key One Bedroom in Marina Towers with stunning Southeast views of Lake Michigan, the Chicago River, and famous Wacker Drive architecture. Unit features LVP flooring, new plush carpeting in bedroom, refreshed kitchen with all new white appliances and LED lighting, Bosch dishwasher, refreshed bath, all while keeping the original midcentury touches. There are 2 private balconies perfect for grilling and entertaining. Building amenities include 24-hour door person, 24-hour emergency maintenance, grocery store, restaurants & bars, dry cleaners, package receiving room, exercise room (free), party room, rooftop observation / sundeck, laundry & storage. Close to Red Line subway, buses, dining, theaters, North Michigan Ave, Loop, and downtown nightlife. Garage rental parking available for lease. Cable and Internet are included in association fees.

Last Listed By

Michael Peters

Alto Realty License #471019489 Listed on: 03/27/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1962

Lot Details

  • Waterfront

HOA Fees

  • $761 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • 725 Sq Ft Home
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, security, tv/cable, exercise facilities, exterior maintenance, scavenger, internet
  • 896 Units
  • Melisha Association, Phone Number (312) 644-1187
  • High-Rise Condominium
  • Property managed by FirstService Residential
  • 60-Story Property

Amenities

  • Doorman
  • Party Room
  • Laundry Facilities
  • Elevator
  • Service Elevator
  • Package Room
  • Convenience Store

Recreation

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,965

Year Built

Built in 1962

Lot Details

0

HOA Fees

$761 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • 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
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 43
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 60

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • 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: Other

Exterior Features

  • List Price: 298000
  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 761
  • Association Amenities: Door Person, Commissary, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Melisha
  • Management Phone: 312-644-1187X9
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 5964.55
  • Tax Year: 2022

Multi Family

  • Units in Building: 896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 1, 2024
Sold by
Chicago Title Land Trust Co
Bought by
Domke Matthew T
Seller's Agent
Michael Peters
Alto Realty
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$298,000
Sold Price
$290,000
Premium/Discount to List
-$8,000
-2.68%
Total Days on Market
12
Views
33
Current Estimated Value
$289,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102
Avg. Annual Appreciation
-1.03%
Original Mortgage
$1,400,000
Outstanding Balance
$1,385,911
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$1,098,955

Purchase Details

Closed on
Oct 27, 2016
Sold by
Gillespie Giedre M
Bought by
Chicago Title Land And Trust Co and Trust Number 8002372194

Purchase Details

Closed on
Mar 15, 1999
Sold by
Gillespie Thomas J and Gillespie Giedre M
Bought by
Gillespie Giedre M and The Giedre M Gillespie Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1994
Sold by
Samp Francis
Bought by
Gillespie Thomas J and Gillespie Giedre

Range of Values:

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Average Value
Not Available
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
Domke Matthew T $290,000 Chicago Title
Chicago Title Land And Trust Co -- None Available
Gillespie Giedre M -- --
Gillespie Thomas J $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domke Matthew T $1,400,000
Previous Owner Gillespie Thomas J $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $290,000 -2.7% $400 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $298,000 -- $411 / 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 $5,965 $29,312 $4,135 $25,177
2023 $5,965 $29,000 $3,339 $25,661
2022 $5,965 $29,000 $3,339 $25,661
2021 $5,831 $28,999 $3,339 $25,660
2020 $4,991 $22,403 $2,572 $19,831
2019 $4,887 $24,322 $2,572 $21,750
2018 $4,804 $24,322 $2,572 $21,750
2017 $5,022 $23,331 $2,191 $21,140
2016 $4,673 $23,331 $2,191 $21,140
2015 $4,275 $23,331 $2,191 $21,140
2014 $3,842 $20,709 $1,422 $19,287
2013 $3,766 $20,709 $1,422 $19,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12014484

Midwest Real Estate Data (MRED)

APN: 17-09-410-014-1757