NOT LISTED FOR SALE

3159 S Michigan Ave Unit 3159 Chicago, IL 60616

The Gap Neighborhood

Estimated Value: $373,000 - $450,000

2 Beds
3 Baths
2,200 Sq Ft
$437/mo HOA Fee

Last Sold August 03, 2020

Last sale price $325,000 $148 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,430/month

49 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Double Oven
  • Whirlpool Bathtub
  • Walk-In Pantry
  • 4-minute walk to Ed Glancy Baseball Field

About This Home

As of August 2020

Located in the historic Bronzeville neighbourhood and spanning over three floors is this splendid 2 bedroom 2.5 bathroom townhome with two patios and heated garage parking. Originally planned as a 3 bedroom 2.5 bath, the owners and the developer redrew the plans resulting in larger scale rooms. A large east facing master en-suite, complete with a 10 x 6 walk-in closet and a junior bedroom both benefited from the new larger scaled layout. Third level also includes a laundry shoot to the first floor washer/dryer. Nice!! The main level provides open concept living with floor-to-ceiling windows in every section: a sun filled dining room, kitchen and living room with access to the powder room and patio. The first floor den/flex space is great for an in home office, studio or library. The entire home has been freshly painted and brand new carpet installed. Short distance to lake shore drive and 31st street beach, and easy access to I90/94.

Last Agent to Sell the Property

Jonathan Lavinier

Baird & Warner License #475162903 Listed on: 05/16/2020

Baird & Warner

Last Buyer's Agent

Chandra Shealey

North Clybourn Group, Inc. License #475188051

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,951

Year Built

  • 2000

Lot Details

  • Southern Exposure
  • Fenced Yard

HOA Fees

  • $437 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Flexicore

Interior Spaces

  • Entrance Foyer
  • Den
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Patio

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,951

Year Built

2000

Lot Details

0

HOA Fees

$437 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2000
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2000

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry, Flexicore, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X20, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Security System, CO Detectors, Ceiling Fan, Sprinkler-Lawn
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X4, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 10X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 11X15, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Den, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 17X20, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Den, Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Foyer, Dimensions: 14X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 2: Dimensions: 10X15, On Level: 3rd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Walk in Closet, Dimensions: 10X7, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Patio
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 150 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Exercise Room, On Site Manager/Engineer, Party Room, Pool-Indoors
  • Assessment Includes: Water, Parking, Common Insurance, Pool, Scavenger, Snow Removal
  • Assessment Association Fees: 437
  • Management Contact Name: Elaine Jenchowski
  • Management Phone: 312-212-8064

Fee Information

  • Management Company: Forth Group

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 17341020511096

Multi Family

  • Total Number Unitsin Building: 48
  • Number Stories: 3

Tax Info

  • Taxes: 6412.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Jul 22, 2020
Sold by
Sharpe Ruth E and Sharpe David C
Bought by
Jones Asia and Orr Michael I
Seller's Agent
Jonathan Lavinier
Baird & Warner
Buyer's Agent
Chandra Shealey
North Clybourn Group, Inc.
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Current Estimated Value
$427,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,539
Avg. Annual Appreciation
5.08%
Original Mortgage
$260,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jones Asia $325,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Asia $260,000
Previous Owner Sharpe David $250,000
Previous Owner Sharpe David C $253,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $325,000 -3.0% $148 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $335,000 -1.5% $152 / Sq Ft
05/16/2020 05/16/20 For Sale $340,000 -- $155 / 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 $7,951 $41,627 $5,923 $35,704
2023 $7,750 $37,560 $4,765 $32,795
2022 $7,750 $37,560 $4,765 $32,795
2021 $7,576 $37,560 $4,765 $32,795
2020 $5,199 $28,922 $4,084 $24,838
2019 $6,412 $31,915 $4,084 $27,831
2018 $6,304 $31,915 $4,084 $27,831
2017 $4,577 $21,263 $3,403 $17,860
2016 $4,259 $21,263 $3,403 $17,860
2015 $3,896 $21,263 $3,403 $17,860
2014 $5,325 $28,698 $2,893 $25,805
2013 $5,219 $28,698 $2,893 $25,805
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Lavinier

    Seller's Agent in 2020

    Jonathan Lavinier

    Baird Warner

    (312) 394-9937

    33 Total Sales

    Section Image
  • Chandra Shealey

    Buyer's Agent in 2020

    Chandra Shealey

    North Clybourn Group, Inc.

    (773) 544-2144

    37 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10716820

Midwest Real Estate Data (MRED)

APN: 17-34-102-051-1096

Illinois Cook County Chicago 60616 The Gap

3159 S Michigan Ave Unit 3159, Chicago, IL

This home is located at 3159 S Michigan Ave Unit 3159, Chicago, IL 60616 since 16 May 2020 and is currently estimated at $423,442, approximately $192 per square foot. This property was built in 2000. 3159 S Michigan Ave Unit 3159 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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