NOT LISTED FOR SALE

3123 S Michigan Ave Unit 3123 Chicago, IL 60616

The Gap Neighborhood

Estimated Value: $383,000 - $463,070

3 Beds
3 Baths
2,163 Sq Ft
$427/mo HOA Fee

Last Sold December 31, 2020

Last sale price $360,000 $166 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,236/month

4 Days on Market

Highlights

  • Open Floorplan
  • Whirlpool Bathtub
  • Terrace
  • Wood Flooring
  • Granite Countertops
  • 3-minute walk to Ed Glancy Baseball Field

About This Home

As of December 2020

Welcome home to Bronzevilles premiere four level townhome located in close vicinity to Lake Michigan, elegance and luxury are the the first feellings when you walk into this amazing home, main level boasts a large family room with abundant natural light, immaculate oak harwood floors throughout the entire living space besides bedrooms, new high efficency varaible speed furnace, air conditoner, hotwater heater, tons of storage space, second level transitions to a grand open floor plan with a gourmet kitchen, granite counter tops, double convection oven, back splash, spacious powder room, nestle up to the gas fireplace, plentiful natural light pours in from the new floor to ceiling glass sliding doors, entire second level is wired for surround sound, clubhouse directly behind patio of residence, third level hosts all of the bedrooms and full bathrooms, new carpet in all bedrooms, large amount of closet space, large windows, enormous primary suite has a whirpool tub and seperate shower, double bowl vanity, fourth level be ready to catch beautiful views of the city and entertain on large roof top deck, heated garage directly off Michigan ave. has two oversized spaces for larger vehicles.

Last Agent to Sell the Property

Adam McRae

McRae Realty LTD. License #471020110 Listed on: 11/19/2020

Last Buyer's Agent

Mary Wilson

Compass License #475127782

Compass

Property Details

Home Type

  • Condominium

Year Built

  • 2003

Lot Details

  • 2.61

HOA Fees

  • $427 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Utilities

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

Additional Features

  • Terrace
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Year Built

2003

Lot Details

0

HOA Fees

$427 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Interstate Access
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2003

Interior Features

  • Interior Property Features: Hardwood Floors, Walk-In Closet(s), Open Floorplan, Granite Counters
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X20, On Level: 2nd Level, Flooring: Hardwood
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Dining Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 4X4, On Level: 3rd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 11X12, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Rooms: Terrace
  • Master Bedroom: Dimensions: 15X18, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Terrace, Dimensions: 14X14, On Level: 4th Level
  • Bedroom 2: Dimensions: 11X9, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X12, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 2163
  • Family Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick, Concrete
  • Roof Type: Tar and Gravel

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated, Tandem, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Water, Parking, Common Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 427
  • Management Contact Name: Jack Beebe
  • Management Phone: 312-379-0400

Fee Information

  • Management Company: Forth Group

Schools

  • School District: 299
  • Elementary School: Pershing Elementary School Human
  • High School: Phillips Academy High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 17341020511080

Multi Family

  • Total Number Unitsin Building: 20
  • Number Stories: 3

Tax Info

  • Taxes: 5562.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 28, 2021
Sold by
Cook William Xavier and Cook Olga Alicia
Bought by
William Xavier Cook Family Living Trust
Seller's Agent
Adam McRae
McRae Realty LTD.
Buyer's Agent
Mary Wilson
Compass
List Price
$374,900
Sold Price
$360,000
Premium/Discount to List
-$14,900
-3.97%
Current Estimated Value
$435,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,518
Avg. Annual Appreciation
2.91%
Original Mortgage
$300,000
Interest Rate
2.5%
Mortgage Type
VA

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 23, 2020
Sold by
Gilleece John J and Begina Jeffrey M
Bought by
Cook William X
Seller's Agent
Adam McRae
McRae Realty LTD.
Buyer's Agent
Mary Wilson
Compass
List Price
$374,900
Sold Price
$360,000
Premium/Discount to List
-$14,900
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
William Xavier Cook Family Living Trust -- Attorney
Cook William X $360,000 Ata Gmt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook William X $300,000
Previous Owner Gilleece John J $224,000
Previous Owner Gilleece John J $245,000
Previous Owner Gilleece John J $268,000
Previous Owner Gilleece John J $287,000
Previous Owner Gilleece John J $65,000
Previous Owner Gilleece John $291,950
Previous Owner Gilleece John J $292,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $360,000 -4.0% $166 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $374,900 -- $173 / 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 -- $40,586 $5,775 $34,811
2023 -- $36,621 $4,646 $31,975
2022 $0 $36,621 $4,646 $31,975
2021 $5,591 $36,621 $4,646 $31,975
2020 $5,591 $28,199 $3,982 $24,217
2019 $5,563 $31,117 $3,982 $27,135
2018 $5,468 $31,117 $3,982 $27,135
2017 $3,736 $20,731 $3,318 $17,413
2016 $3,652 $20,731 $3,318 $17,413
2015 $3,318 $20,731 $3,318 $17,413
2014 $4,715 $27,979 $2,820 $25,159
2013 $4,610 $27,979 $2,820 $25,159
Source: Public Records

Agents Affiliated with this Home

  • Adam McRae

    Seller's Agent in 2020

    Adam McRae

    McRae Realty LTD.

    (630) 918-4108

    1 in this area

    109 Total Sales

    Section Image
  • Mary Wilson

    Buyer's Agent in 2020

    Mary Wilson

    Compass

    (630) 917-0376

    1 in this area

    66 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10937284

Midwest Real Estate Data (MRED)

APN: 17-34-102-051-1080

Illinois Cook County Chicago 60616 The Gap

3123 S Michigan Ave Unit 3123, Chicago, IL

This home is located at 3123 S Michigan Ave Unit 3123, Chicago, IL 60616 since 19 November 2020 and is currently estimated at $435,518, approximately $201 per square foot. This property was built in 2003. 3123 S Michigan Ave Unit 3123 is a home located in Cook County with nearby schools including Pershing Elementary Humanities Magnet, Wendell Phillips Academy High School, and St. Jerome Catholic School.

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