NOT LISTED FOR SALE

Estimated Value: $337,000 - $384,000

2 Beds
2 Baths
1,060 Sq Ft
$460/mo HOA Fee

Last Sold July 13, 2021

Last sale price $330,000 $311 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,803/month

3 Days on Market

Highlights

  • Fitness Center
  • Elevator
  • Accessibility Features
  • Sundeck
  • 1 Car Attached Garage
  • 1-minute walk to Prairie District Park

About This Home

As of July 2021

Unbelievable value in this cool South Loop Chess Lofts building, located in the desirable Prairie District. South-facing unit blown with light through huge windows and 12-foot concrete ceilings. 2 bedroom, 2 bath. Kitchen features 42-inch maple cabinets, granite counters and stainless appliances. Very large master suite with attached bath, walk-in shower and granite countertops, plus big walk-in closet. Second bedroom is perfect as guest room or office and huge second bath has granite countertops and deep soaking tub. Washer/dryer in unit and huge balcony makes this unit a must see. Building features workout room and rooftop deck with awesome city and lake views. Highly coveted garage parking available for $30,000. Minutes to all public transportation, highways and short commute to downtown. New children's and dog park right next door to building. Close to lake, museums, harbor, Grant Park, dining & entertainment and all the red-hot South Loop has to offer. Unit is in move-in condition, schedule today, don't delay!

Last Agent to Sell the Property

Tina Feldstein

Berkshire Hathaway HomeServices Chicago License #475118708 Listed on: 05/10/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Gustavo Vargas

RE/MAX Partners License #475133669

RE/MAX Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,809

Year Renovated

  • 2007

Lot Details

  • Additional Parcels

HOA Fees

  • $460 Monthly HOA Fees

Parking

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

Home Design

  • 1,060 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Stair Lift

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, scavenger, snow removal
  • 119 Units
  • Donna Medrano Association, Phone Number (312) 475-9400
  • Property managed by ADVANTAGE MANAGEMENT
  • 8-Story Property

Amenities

  • Sundeck
  • Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 75 lbs
  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,809

Year Renovated

2007

Lot Details

0

HOA Fees

$460 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo-Loft
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2007

Interior Features

  • Basement: None
  • Accessibility Features: Stair Lift
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1060
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: South
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 460
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Sundeck, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: ADVANTAGE MANAGEMENT
  • Management Contact Name: DONNA MEDRANO
  • Management Phone: 312-475-9400

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 5808.58
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 8, 2021
Sold by
Lewis David and Lewis Allison
Bought by
Green Ryan and Chaps Elizabeth
Seller's Agent
Tina Feldstein
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Gustavo Vargas
RE/MAX Partners
Sold Price
$330,000
Current Estimated Value
$360,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,218
Avg. Annual Appreciation
1.72%
Original Mortgage
$313,500
Outstanding Balance
$283,594
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$72,905

Purchase Details

Listed on
Nov 30, 2017
Closed on
Mar 8, 2018
Sold by
Mcneece Steven
Bought by
Lewis David and Lewis Allison
Seller's Agent
Kimberly McNeece
Nelly Corp Realty
Buyer's Agent
Tom Tang
American International Realty
List Price
$289,900
Sold Price
$299,000
Premium/Discount to List
$9,100
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$239,200
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2007
Sold by
Chess Lofts Llc
Bought by
Mcneece Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,364
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Green Ryan $330,000 Stewart Title
Lewis David $299,000 Commitment For Ti1e Insuranc
Mcneece Steven $308,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Ryan $313,500
Previous Owner Lewis David $239,200
Previous Owner Mcneece Steven $246,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2021 07/13/21 Sold $330,000 +10.0% $311 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/13/2021 05/13/21 For Sale -- -- --
05/10/2021 05/10/21 For Sale $299,900 +0.3% $283 / Sq Ft
03/13/2018 03/13/18 Sold $299,000 +3.1% $285 / Sq Ft View Prior Sale
01/24/2018 01/24/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $289,900 -- $276 / 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
2025 $5,681 $32,387 $3,349 $29,038
2024 $5,681 $32,387 $3,349 $29,038
2023 $5,516 $30,155 $2,695 $27,460
2022 $5,516 $30,155 $2,695 $27,460
2021 $6,082 $30,153 $2,694 $27,459
2020 $5,139 $23,069 $2,213 $20,856
2019 $5,047 $25,119 $2,213 $22,906
2018 $4,962 $25,119 $2,213 $22,906
2017 $4,577 $21,261 $1,953 $19,308
2016 $4,258 $21,261 $1,953 $19,308
2015 $3,896 $21,261 $1,953 $19,308
2014 $2,925 $15,763 $668 $15,095
2013 $2,867 $15,763 $668 $15,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11082514

Midwest Real Estate Data (MRED)

APN: 17-22-315-066-1025