NOT LISTED FOR SALE

321 S Sangamon St Unit 401 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $520,000 - $613,000

3 Beds
2 Baths
1,392 Sq Ft
$498/mo HOA Fee

Last Sold June 01, 2023

Last sale price $495,000 $356 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,355/month

6 Days on Market

Highlights

  • Open Floorplan
  • Lock-and-Leave Community
  • Elevator
  • Skinner Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Mary Bartelme Park

About This Home

As of June 2023

Enjoy living in this stylish West Loop Lofthaus freshly painted condo with open floor plan and west facing balcony with great sunset views! Expansive windows with custom window treatments provide an abundance of natural light throughout. Spacious living areas are great for relaxing at home and entertaining with friends and family. Chef's kitchen has newly refinished 42" cabinets, granite countertops, stainless steel appliances and large island with breakfast bar and pendant lighting. Hardwood floors in kitchen, living areas and 3rd bedroom. Master bedroom has new plush carpet, large walk-in custom closet and en-suite marble bathroom with dual vanity, soaking tub and separate shower. 2nd bedroom has custom closet, new plush carpet and custom designed Murphy bed with side short closets, drawers on each side, pull out shelf for a side table and reading lights. 3rd bedroom has custom closet and makes a great home office. Spacious 2nd bathroom has stone shower. In-unit stackable washer/dryer. Great location near Randolph Restaurant Row, Greektown, Target, Blue Line, Mary Bartelme Park, top-rated Skinner School District, shopping and expressways. Additional storage locker included in price. 1 prime garage parking space available for $25,000.

Last Agent to Sell the Property

Nancy McAdam

Jameson Sotheby's Intl Realty License #475105499 Listed on: 03/14/2023

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Jeanne Keating

Compass License #475133441

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,380

Year Built

  • Built in 2004

Lot Details

  • 0.42

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking Sold Separately

Interior Spaces

  • 1,392 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Skinner Elementary School
  • William Brown Elementary Middle School
  • Wells Community Academy Senior H High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, exterior maintenance, scavenger, snow removal
  • 70 Units
  • Nicholas Jadrich Association, Phone Number (312) 329-8874
  • Property managed by GNP Management Group
  • Lock-and-Leave Community
  • 9-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,380

Year Built

Built in 2004

Lot Details

0

HOA Fees

$498 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2004
  • 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
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1392
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 9
  • Estimated Total Finished Sq Ft: 0
  • 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: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 485500
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 25000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 498
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Management Group
  • Management Contact Name: Nicholas Jadrich
  • Management Phone: 312-329-8874
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Skinner Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: William Brown Elementary School
  • Middle/Junior School District: 299

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: 999

Tax Info

  • Tax Annual Amount: 8379.53
  • Tax Year: 2021

Multi Family

  • Units in Building: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jun 1, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Furlong Jacob Alexander
Seller's Agent
Nancy McAdam
Jameson Sotheby's Intl Realty
Buyer's Agent
Jeanne Keating
Compass
List Price
$485,500
Sold Price
$495,000
Premium/Discount to List
$9,500
1.96%
Views
7
Current Estimated Value
$570,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,530
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Jul 15, 2010
Sold by
Sherer Ryan and Sherer Kylene
Bought by
Chicago Title Land Trust Company and Trust #8002355368

Purchase Details

Closed on
Aug 22, 2006
Sold by
Phillips Thomas
Bought by
Sherer Ryan and Sherer Kylene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2004
Sold by
Sangamon Llc
Bought by
Phillips Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,176
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Furlong Jacob Alexander $495,000 Chicago Title
Chicago Title Land Trust Company $421,000 Chicago Title Land Trust Co
Sherer Ryan -- Law Title Insurance
Phillips Thomas $378,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherer Ryan T $350,400
Previous Owner Sherer Ryan T $65,700
Previous Owner Phillips Thomas $302,176
Closed Phillips Thomas $37,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $495,000 +2.0% $356 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $485,500 -- $349 / 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 $8,793 $46,787 $1,742 $45,045
2023 $8,572 $41,536 $956 $40,580
2022 $8,572 $41,536 $956 $40,580
2021 $8,380 $41,534 $955 $40,579
2020 $8,675 $38,814 $955 $37,859
2019 $8,563 $42,479 $955 $41,524
2018 $8,418 $42,479 $955 $41,524
2017 $6,875 $31,827 $843 $30,984
2016 $6,375 $31,827 $843 $30,984
2015 $5,832 $31,827 $843 $30,984
2014 $5,328 $28,717 $716 $28,001
2013 $5,223 $28,717 $716 $28,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737025

Midwest Real Estate Data (MRED)

APN: 17-17-226-017-1011