$365,000
SOLD NOV 18, 2024
2 Beds
2 Baths
1,027 Sq Ft
$584/mo HOA Fee

Recently Sold

$355 Per Sq Ft

8% Below List Price

62 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Elevator
  • Rooftop Deck
  • Wood Flooring
  • 1-minute walk to Prairie District Park

About This Home

As of November 2024

Spacious 2 bed 2 bath Unit at Chess Lofts! Soaring 12-foot concrete ceilings, exposed brick, & hardwood flooring throughout. High-end lighting fixtures & in-unit laundry add to the luxurious feel of the residences, while the balcony off living space showcase UNOBSTRUCTED sweeping city & lake views. Newly modernized kitchen feature custom cabinetry, premium stainless steel apps, quartz counters & glass tile backsplashes. Spa-like touches shine in the freshly rehabbed bathrooms with all-new porcelain tile, floating vanities, & stone shower / bath surrounds. The Chess Lofts location cannot be beat; minutes to the Loop, Lake Michigan, McCormick Place, Museum Campus & Soldier Field are all nearby. Steps to public transportation & easy access to LSD. This is the turnkey home you've been waiting for in the booming South Loop! Garage Parking Space INCLUDED.

Last Agent to Sell the Property

Peter Fotopoulos

Baird & Warner License #471010854 Listed on: 08/17/2024

Baird & Warner

Last Buyer's Agent

Linda Rooney

Berkshire Hathaway HomeServices Chicago License #475162641

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,005

Year Built

  • Built in 2007 | Remodeled in 2018

Lot Details

  • Additional Parcels

HOA Fees

  • $584 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,027 Sq Ft Home
  • Includes Fireplace Accessories
  • Electric Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck

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, exercise facilities, exterior maintenance, scavenger, snow removal
  • 119 Units
  • Lori Nelson Association, Phone Number (312) 335-1950
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 8-Story Property

Recreation

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,005

Year Built

Built in 2007 | Remodeled in 2018

Lot Details

0

HOA Fees

$584 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
  • 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): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Includes Accessories
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1027
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 379000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete,Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 584
  • Association Amenities: Elevator(s), Exercise Room, On Site Manager/Engineer, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Lori Nelson
  • Management Phone: 312-335-1950
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17223150661078
  • 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: 999

Tax Info

  • Tax Annual Amount: 7004.92
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Nov 18, 2024
Sold by
Medina Cheyenne and Carmona Fabian
Bought by
Jones Vincent Kenneth
Seller's Agent
Peter Fotopoulos
Baird & Warner
Buyer's Agent
Linda Rooney
Berkshire Hathaway HomeServices Chicago
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Views
53
Current Estimated Value
$370,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,901
Avg. Annual Appreciation
2.22%
Original Mortgage
$305,000
Outstanding Balance
$303,888
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$67,571

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 20, 2018
Sold by
7381 Damen Llc
Bought by
Medina Cheyenne and Carmona Fabian
Seller's Agent
George Selas
Baird & Warner
Buyer's Agent
Peter Fotopoulos
Baird & Warner
List Price
$312,000
Sold Price
$342,000
Premium/Discount to List
$30,000
9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$324,900
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2018
Closed on
Aug 27, 2018
Sold by
Stmfua Llc
Bought by
7381 Damen Llc
Seller's Agent
George Selas
Baird & Warner
Buyer's Agent
Peter Fotopoulos
Baird & Warner
List Price
$312,000
Sold Price
$342,000
Premium/Discount to List
$30,000
9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,900
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2018
Sold by
7381 Damen Llc
Bought by
Stmfua Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2014
Sold by
North Community Bank
Bought by
7381 Damen Llc

Purchase Details

Closed on
Mar 14, 2014
Sold by
119 Chicago Llc
Bought by
North Community Bank
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $365,000 None Listed On Document
Warranty Deed $365,000 None Listed On Document
Special Warranty Deed $312,000 Greater Illinois Title
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Quit Claim Deed $2,535,000 Ctcc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,000 New Conventional
Closed $305,000 New Conventional
Previous Owner $324,900 New Conventional
Previous Owner $700,000 Credit Line Revolving
Previous Owner $3,200,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $365,000 -3.7% $355 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $379,000 -4.1% $369 / Sq Ft
08/17/2024 08/17/24 For Sale $395,000 +15.5% $385 / Sq Ft
09/21/2018 09/21/18 Sold $342,000 +9.6% $333 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $312,000 -- $304 / 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 $6,387 $31,909 $3,300 $28,609
2023 $6,225 $30,175 $2,655 $27,520
2022 $6,225 $30,175 $2,655 $27,520
2021 $6,086 $30,173 $2,654 $27,519
2020 $5,063 $22,727 $2,180 $20,547
2019 $4,972 $24,747 $2,180 $22,567
2018 $4,888 $24,747 $2,180 $22,567
2017 $3,095 $14,377 $1,924 $12,453
2016 $2,880 $14,377 $1,924 $12,453
2015 $3,838 $20,945 $1,924 $19,021
2014 $3,152 $16,988 $658 $16,330
2013 $3,862 $21,235 $658 $20,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12141019

Midwest Real Estate Data (MRED)

APN: 17-22-315-066-1177