$267,500
SOLD NOV 15, 2024
1 Bed
1 Bath
858 Sq Ft
$460/mo HOA Fee

Recently Sold

$312 Per Sq Ft

7% Above List Price

13 Days on Market

Highlights

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

About This Home

As of November 2024

Spacious open floor plan, 1 bed 1 bath features soaring 12-foot concrete ceilings, exposed brick and hardwood flooring throughout. The renovated kitchen features custom cabinetry, premium stainless steel appliances, quartz counters & glass tile backsplashes. Breathtaking skyline views from your large sprawling living room windows makes this home the ideal space for entertaining. A freshly rehabbed bathroom with all-new porcelain tile, floating vanities and separate shower/tub provides a spa-like experience from the comfort of your home. Garage parking spot +$30k. Chess Lofts is tucked away near the beautiful and serene tree lined streets of Indiana Ave and is a short walk to the famous Women's Park. Also just minutes to the Loop, Lake Michigan, McCormick Place, Museum Campus and Soldier Field. Steps to public transportation and easy access to LSD. You truly get the best of everything in this rarely available South Loop gem!

Last Agent to Sell the Property

Paul DeLegge

CL3 Property Management Listed on: 10/07/2024

Co-Listed By

Brett Huelat

CL3 Property Management License #475123026

Last Buyer's Agent

Steve Dombar

Redfin Corporation License #475186487

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,798

Year Built

  • Built in 2007 | Remodeled in 2018

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

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rooftop Deck

Schools

  • South Loop Elementary 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, exercise facilities, exterior maintenance, scavenger, snow removal
  • 119 Units
  • First Service Residential Association, Phone Number (312) 335-1950
  • Chess Lofts Subdivision
  • Property managed by First Service Residential
  • 8-Story Property

Amenities

  • Sundeck
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • 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

$5,798

Year Built

Built in 2007 | Remodeled in 2018

Lot Details

0

HOA Fees

$460 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • 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, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 858
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 858
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 858
  • Total Sq Ft: 858
  • Main Level Sq Ft: 858
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • List Price: 249999
  • 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
  • Deeded Garage Cost: 30000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 460
  • 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: First Service Residential
  • Management Contact Name: First Service Residential
  • Management Phone: 312-335-1950
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: South Loop Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17223150661084
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: U

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: 5797.85
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 11, 2024
Sold by
Real Success Llc
Bought by
Oliveira Stephan Gomide and Oliveira Jean Ricardo
Seller's Agent
Paul DeLegge
CL3 Property Management
Buyer's Agent
Steve Dombar
Redfin Corporation
List Price
$249,999
Sold Price
$267,500
Premium/Discount to List
$17,501
7%
Views
41
Current Estimated Value
$200,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,833
Avg. Annual Appreciation
-30.31%
Original Mortgage
$240,750
Outstanding Balance
$239,750
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$40,083

Purchase Details

Listed on
Mar 4, 2019
Closed on
Mar 19, 2019
Sold by
Midwest Reo Cl Llc
Bought by
Real Success Llc
Seller's Agent
George Selas
Baird & Warner
Buyer's Agent
Paul DeLegge
CL3 Property Management
List Price
$262,000
Sold Price
$292,000
Premium/Discount to List
$30,000
11.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Aug 14, 2014
Sold by
North Community Bank
Bought by
Midwest Reo Cl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,525,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2014
Sold by
119 Chicago Llc
Bought by
North Community Bank
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
Warranty Deed $267,500 Truly Title
Warranty Deed $267,500 Truly Title
Warranty Deed $292,000 Greater Illinois Title
Quit Claim Deed $2,100,500 Ctcc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,750 New Conventional
Closed $240,750 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $3,200,000 Commercial
Previous Owner $3,525,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $267,500 +7.0% $312 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $249,999 -14.4% $291 / Sq Ft
03/21/2019 03/21/19 Sold $292,000 +11.5% $341 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $262,000 -- $306 / 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 $634 $4,974 $514 $4,460
2023 $618 $2,996 $414 $2,582
2022 $618 $2,996 $414 $2,582
2021 $604 $2,994 $413 $2,581
2020 $789 $3,542 $339 $3,203
2019 $775 $3,857 $339 $3,518
2018 $762 $3,857 $339 $3,518
2017 $490 $2,277 $299 $1,978
2016 $456 $2,277 $299 $1,978
2015 $597 $3,260 $299 $2,961
2014 $491 $2,644 $102 $2,542
2013 $601 $3,305 $102 $3,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12182394

Midwest Real Estate Data (MRED)

APN: 17-22-315-066-1084