NOT LISTED FOR SALE

Estimated Value: $322,000 - $373,000

2 Beds
1 Bath
-- Sq Ft
$420/mo HOA Fee

Last Sold June 01, 2023

Last sale price $345,000

Current estimated payment $2,685/month

2 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Stainless Steel Appliances
  • Rooftop Deck
  • Sundeck
  • 1-minute walk to Prairie District Park

About This Home

As of June 2023

Get ready for true indoor-outdoor living in this move-in ready concrete loft with HUGE private terrace! This unbeatable outdoor space features plenty of room for multiple seating and lounge areas, plus protected views of the historic Wheeler Mansion. Accessible via a full wall of windows and doors in the living area, you cannot beat this combination of size and accessibility! Waste no time with repairs or upgrades - drop your bags and start enjoying Chicago summer on the massive terrace. Inside find 14-foot ceilings, huge windows and hardwood floors. The showstopper eat-in kitchen, which overlooks the spacious living area truly has it all with bar seating for 3, stainless steel appliances and plentiful cabinet storage. In the primary bedroom find room for a king bed, night stands and work from home setup. Residents of Chess 320 Lofts enjoy amenities including elevator access, exercise studio, sun deck, package room and bike storage. Incredible South Loop location in the heart of it across from Prairie District Park/dog park, and close to Lake Michigan, Soldier Field, McCormick Place, Museum Park and Northerly Island, plus easy access to Mariano's, Green Line, I-90/94, I-55 and Lake Shore Drive. 1 garage parking space available for an additional $35K.

Last Agent to Sell the Property

Julie Busby

Compass License #475153702 Listed on: 04/26/2023

Compass

Last Buyer's Agent

India Whiteside

@properties Christie's International Real Estate License #475123613

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,506

Year Built

  • Built in 2007 | Remodeled in 2016

Lot Details

  • 0.5

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rooftop Deck

Schools

  • National Teachers Elementary Sch
  • Phillips Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, scavenger, snow removal
  • 119 Units
  • Chess Lofts Subdivision
  • Property managed by FS Residential
  • 8-Story Property

Amenities

  • Sundeck
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,506

Year Built

Built in 2007 | Remodeled in 2016

Lot Details

0.5 Acres

HOA Fees

$420 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Subdivision Name: Chess Lofts
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2016
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Other Equipment: Fire Sprinklers
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 420
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, On Site Manager/Engineer, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FS Residential
  • Management Contact Name: NA
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: National Teachers Elementary Sch
  • High School: Phillips Academy High School
  • Middle/Junior School: National Teachers Elementary Sch

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5505.99
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 24, 2023
Sold by
Trautman Jennifer Rae
Bought by
Witiw Eric
Seller's Agent
Julie Busby
Compass
Buyer's Agent
India Whiteside
@properties Christie's International Real Estate
List Price
$299,900
Sold Price
$345,000
Premium/Discount to List
$45,100
15.04%
Views
18
Current Estimated Value
$343,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,514
Avg. Annual Appreciation
-0.16%
Original Mortgage
$207,000
Outstanding Balance
$200,267
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$143,219

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 8, 2022
Sold by
Stubbe Steven Charles
Bought by
Trautman Jennifer Rae
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Julie Busby
Compass
List Price
$225,000
Sold Price
$280,000
Premium/Discount to List
$55,000
24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.50%
Original Mortgage
$266,000
Interest Rate
3.75%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Stubbe Steven C and Stubbe Laura L
Bought by
Stubbe Steven Charles and Steven Charles Stubbe Trust

Purchase Details

Closed on
Dec 21, 2007
Sold by
Chess Lofts Llc
Bought by
Stubbe Steven C and Stubbe Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,800
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Witiw Eric $345,000 Fidelity National Title
Trautman Jennifer Rae $280,000 --
Stubbe Steven Charles -- None Available
Stubbe Steven C $388,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witiw Eric $207,000
Previous Owner Trautman Jennifer Rae $266,000
Previous Owner Stubbe Steven C $290,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $345,000 +15.0% --
04/29/2023 04/29/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $299,900 +7.1% --
03/08/2022 03/08/22 Sold $280,000 +24.4% -- View Prior Sale
02/05/2022 02/05/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $225,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $5,779 $28,850 $2,983 $25,867
2024 $5,779 $28,850 $2,983 $25,867
2023 $5,632 $27,300 $2,400 $24,900
2022 $5,632 $27,300 $2,400 $24,900
2021 $5,506 $27,299 $2,400 $24,899
2020 $4,578 $20,549 $1,971 $18,578
2019 $4,495 $22,375 $1,971 $20,404
2018 $4,420 $22,375 $1,971 $20,404
2017 $4,089 $18,997 $1,745 $17,252
2016 $3,805 $18,997 $1,745 $17,252
2015 $3,481 $18,997 $1,745 $17,252
2014 $3,574 $19,261 $597 $18,664
2013 $3,503 $19,261 $597 $18,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11768199

Midwest Real Estate Data (MRED)

APN: 17-22-315-066-1003

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