$210,000
SOLD APR 29, 2025
1 Bed
1 Bath
700 Sq Ft
$402/ mo HOA Fee

Recently Sold

$300 Per Sq Ft

4% Below List Price

139 Days on Market

Highlights

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

About This Home

As of April 2025

South Loop 1 bedroom and 1 bath unit at the Chess Lofts. Open floor plan with 16-foot concrete ceilings, hardwood floors and in-unit laundry. Building is located near the Loop, Lake Michigan, McCormick Place, Museum Campus & Soldier Field, public transportation & Lake Shore Drive. Earnest Money must be certified funds. The seller does not provide a survey. Buyer responsible for all transfer stamps. Property is sold in AS IS condition. Seller will not complete any repairs to the property, either lender or buyer requested. This property is eligible under the Freddie Mac First Look Initiative through 11/22/2024. Only owner occupant (buyers), non-profit and Neighborhood Stabilization Program (NSP) offers will be reviewed and considered during First Look by Freddie Mac. After 11/23/24; investors are welcomed. Illinois Public Act 94-1049 dues apply. Per HOA reserves as of 10/2024 are 528k.

Last Agent to Sell the Property

Mera Kordic

RE/MAX Premier License #475135420 Listed on: 10/22/2024

Co-Listed By

Robert Vannucchi

Homegenius Real Estate LLC License #471021142

Last Buyer's Agent

Anthony Davis

Equitable Investment Group Inc License #475104357

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 2007

HOA Fees

  • $402 Monthly HOA Fees

Home Design

  • Entry on the 7th floor
  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

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

Additional Features

  • Stair Lift
  • Rooftop Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 123 Units
  • Nick Marinescu Association, Phone Number (312) 335-5660
  • Chess Lofts Subdivision
  • Property managed by First Service
  • 8-Story Property

Amenities

  • Sundeck
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,156

Year Built

Built in 2007

Lot Details

0.5 Acres

HOA Fees

$402 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • EntryLevel: 7
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 700
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Roof Deck
  • Patio And Porch Features: Deck
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 402
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, On Site Manager/Engineer, Sundeck, Chair Lift On Stairs, Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service
  • Management Contact Name: NICK MARINESCU
  • Management Phone: 312-335-5660
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • 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: No
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 4156
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Apr 30, 2025
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jones Jaylin Q
Seller's Agent
Mera Kordic
RE/MAX Premier
Buyer's Agent
Anthony Davis
Equitable Investment Group Inc
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Views
192
Current Estimated Value
$228,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,674
Avg. Annual Appreciation
10.67%
Original Mortgage
$197,400
Outstanding Balance
$195,797
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$32,877

Purchase Details

Closed on
Sep 3, 2024
Sold by
Intercounty Judicial Sales Corporation
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 2, 2008
Sold by
Chess Lofts Llc
Bought by
Smith Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,900
Interest Rate
6.01%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $210,000 Mortgage Connect
Deed -- Premier Title
Special Warranty Deed $220,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $197,400 New Conventional
Previous Owner $208,900 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $210,000 0.0% $300 / Sq Ft
04/18/2025 04/18/25 Off Market $210,000 -- --
03/10/2025 03/10/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $219,000 +4.3% $313 / Sq Ft
01/21/2025 01/21/25 Off Market $210,000 -- --
12/18/2024 12/18/24 Price Changed $219,000 +4.3% $313 / Sq Ft
12/11/2024 12/11/24 Price Changed $209,900 -4.5% $300 / Sq Ft
10/25/2024 10/25/24 For Sale $219,900 +4.7% $314 / Sq Ft
10/23/2024 10/23/24 Off Market $210,000 -- --
10/22/2024 10/22/24 For Sale $219,900 -- $314 / Sq Ft
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 $4,156 $25,349 $2,621 $22,728
2024 $4,156 $25,349 $2,621 $22,728
2023 $4,029 $22,949 $2,109 $20,840
2022 $4,029 $22,949 $2,109 $20,840
2021 $3,957 $22,948 $2,109 $20,839
2020 $3,331 $18,056 $1,732 $16,324
2019 $3,261 $19,661 $1,732 $17,929
2018 $3,205 $19,661 $1,732 $17,929
2017 $2,856 $16,642 $1,528 $15,114
2016 $2,833 $16,642 $1,528 $15,114
2015 $2,569 $16,642 $1,528 $15,114
2014 $2,654 $16,873 $523 $16,350
2013 $2,591 $16,873 $523 $16,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12194828

Midwest Real Estate Data (MRED)

APN: 17-22-315-066-1030

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