NOT LISTED FOR SALE

Estimated Value: $179,981 - $187,000

-- Bed
1 Bath
500 Sq Ft
$488/mo HOA Fee

Last Sold December 03, 2024

Last sale price $171,000 $342 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,744/month

20 Days on Market

Highlights

  • Waterfront
  • 4-minute walk to State/Lake Station (Downtown Loop)
  • Laundry Room
  • 1 Car Attached Garage
  • Living Room
  • Central Air

About This Home

As of December 2024

Cool Retro Studio Condo that you can make your own. Hi-floor condo with an oversized balcony has great city views. Floor to ceiling windows, a pink kitchen with metal cabinets and pink appliances are the cat's meow. Pretty good closet space for a 500 square foot home. Customize this condo to make a perfect in-town home, first time home purchase, college student pad. Options to open up the kitchen are there. This full amenity building offers two laundry rooms, a gym, rooftop access, a party room, 24 hour doorperson, receiving room, dry-cleaning, and a convenient store on-site. This is an easy rental for investors with no caps BUT NO AIRBNB's, VRBO's and SHORT TERM RENTALS ALLOWED. Valet Parking is available. On the River and the center of it all, this place rocks. Property is being SOLD-AS IS and IS Being sold through the Cook County Guardian's Office and requires court approval which can take 2-3 weeks from the date of receiving a contract.

Last Agent to Sell the Property

Harry Maisel

@properties Christie's International Real Estate License #471011449 Listed on: 09/27/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Darrell Scott

Compass License #475156044

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1962

Lot Details

  • Waterfront

HOA Fees

  • $488 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 500 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Laundry Room

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, internet
  • 896 Units
  • Lupe Arellano Association, Phone Number (312) 644-1187
  • High-Rise Condominium
  • Marina Towers Subdivision
  • Property managed by First Services Residential
  • 60-Story Property

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,587

Year Built

Built in 1962

Lot Details

0

HOA Fees

$488 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Studio
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 46
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 60

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 500
  • 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
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 488
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: First Services Residential
  • Management Contact Name: Lupe Arellano
  • Management Phone: 312-644-1187X9
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 285
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 3587
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 29, 2024
Sold by
Family Bank And Trust Co and First State Bank And Trust Company Of Pa
Bought by
Etheredge Christina
Seller's Agent
Harry Maisel
@properties Christie's International Real Estate
Buyer's Agent
Darrell Scott
Compass
List Price
$160,000
Sold Price
$171,000
Premium/Discount to List
$11,000
6.88%
Views
4039
Current Estimated Value
$182,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,495
Avg. Annual Appreciation
7.50%
Original Mortgage
$128,250
Outstanding Balance
$127,210
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$55,285

Purchase Details

Closed on
Dec 3, 2003
Sold by
Family Bank & Trust Co
Bought by
Family Bank & Trust Co and Trust #8-756

Purchase Details

Closed on
Oct 7, 2003
Sold by
Greatbanc Trust Co
Bought by
Family Bank & Trust #8-742
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
Etheredge Christina $171,000 Chicago Title
Family Bank & Trust Co -- --
Family Bank & Trust #8-742 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etheredge Christina $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $171,000 +6.9% $342 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $160,000 -- $320 / 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 $3,587 $17,864 $2,560 $15,304
2023 $3,496 $17,000 $2,067 $14,933
2022 $3,496 $17,000 $2,067 $14,933
2021 $3,418 $16,999 $2,067 $14,932
2020 $3,089 $13,868 $1,592 $12,276
2019 $3,025 $15,056 $1,592 $13,464
2018 $2,974 $15,056 $1,592 $13,464
2017 $3,109 $14,442 $1,356 $13,086
2016 $2,893 $14,442 $1,356 $13,086
2015 $2,646 $14,442 $1,356 $13,086
2014 $2,379 $12,820 $880 $11,940
2013 $2,332 $12,820 $880 $11,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12172953

Midwest Real Estate Data (MRED)

APN: 17-09-410-014-1550