NOT LISTED FOR SALE

The Residences at 330 S Michigan 330 S Michigan Ave Unit 1701 Chicago, IL 60604

The Loop Neighborhood

Estimated Value: $303,000 - $560,000

2 Beds
2 Baths
1,200 Sq Ft
$851/mo HOA Fee

Last Sold April 20, 2018

Last sale price $395,000 $329 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,567/month

1 Day on Market

Highlights

  • Lake Front
  • 4-minute walk to Jackson Station (Red Line)
  • Wood Flooring
  • South Loop Elementary School Rated 9+
  • Property is near a park
  • 4-minute walk to Pritzker Park

About This Home

As of April 2018

Spectacular Michigan Avenue living with South exposure of Lake Michigan and Museum Campus from this bright corner unit. Brand new custom Kitchen, great for entertaining. Quartz countertops and ss appliances; with matching built-in living room entertainment center/cabinets; Hardwood floors throughout, organized closets, In-unit W/D. Full storage cage on the same floor. 24-hour security, exercise room, on-site engineer. Close to Millennium Park, Theater District, the Loop businesses and the Cultural Mile! Steps to the Art Institute of Chicago, Chicago Symphony Orchestra Hall, Grant Park, Museum Campus, award winning restaurants, and unlimited public transportation options within 5-7 minute walk. Parking additional 35k.

Last Agent to Sell the Property

Whitney Wang

Prospect Equities Real Estate License #475171792 Listed on: 03/21/2018

Last Buyer's Agent

Jane Lee

RE/MAX Top Performers License #471004433

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,997

Year Built | Renovated

  • 1911 | 2017

Lot Details

  • Lake Front
  • End Unit
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $851 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Wood Flooring
  • Primary Bathroom is a Full Bathroom
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,997

Year Built | Renovated

1911 | 2017

Lot Details

0

HOA Fees

$851 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 17
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1911
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17
  • Year Built: 1911
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X24, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 15X08, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X09, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Storms/Screens, End Unit
  • Exposure: S (South), W (West), Lake/Water, Park

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Receiving Room
  • Assessment Includes: Water, Parking, Common Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 851
  • Management Contact Name: Tairre Sutton
  • Management Phone: 847-299-5740

Fee Information

  • Management Company: Tairre Management Services Inc.

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17151070491027

Multi Family

  • Total Number Unitsin Building: 76
  • Number Stories: 17

Tax Info

  • Taxes: 4894.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Apr 9, 2018
Sold by
Armstrong Patricia
Bought by
Lin Hu and Qu Fujie
Seller's Agent
Whitney Wang
Prospect Equities Real Estate
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$360,000
Sold Price
$395,000
Premium/Discount to List
$35,000
9.72%
Current Estimated Value
$433,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,745
Avg. Annual Appreciation
-0.87%

Purchase Details

Closed on
Mar 18, 2009
Sold by
Pacella John A and The John A Pacella Trust
Bought by
Armstrong Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2005
Sold by
Pacella John Anthony
Bought by
Pacella John A and John A Pacella Trust

Purchase Details

Closed on
Jun 15, 2004
Sold by
Pacella John Anthony
Bought by
Pacella John A and John A Pacella Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2004
Sold by
Pacella John A and John A Pacella Trust
Bought by
Pacella John Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 27, 2002
Sold by
Pacella John Anthony
Bought by
Pacella John A and John A Pacella Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2000
Sold by
Dominelli Michael and Dominelli Richard
Bought by
Pacellla John Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
3.85%
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
Lin Hu $395,000 Old Republic Title
Armstrong Patricia $350,000 Ticor Title Insurance Co
Pacella John A -- --
Pacella John A -- --
Pacella John Anthony -- Cti
Pacella John A -- --
Pacellla John Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Patricia $262,500
Previous Owner Pacellla John Anthony $222,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $395,000 +9.7% $329 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $360,000 -- $300 / 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 $4,997 $27,673 $570 $27,103
2023 $4,850 $27,000 $459 $26,541
2022 $4,850 $27,000 $459 $26,541
2021 $4,760 $26,999 $458 $26,541
2020 $6,654 $32,970 $416 $32,554
2019 $6,526 $35,909 $416 $35,493
2018 $7,093 $35,909 $416 $35,493
2017 $4,542 $28,720 $344 $28,376
2016 $4,895 $28,720 $344 $28,376
2015 $4,439 $28,720 $344 $28,376
2014 $4,667 $29,556 $317 $29,239
2013 $5,378 $32,200 $317 $31,883
Source: Public Records

Agents Affiliated with this Home

  • Whitney Wang

    Seller's Agent in 2018

    Whitney Wang

    Prospect Equities Real Estate

    (312) 857-4658

    11 in this area

    210 Total Sales

    Whitney Wang
    Section Image
  • Jane Lee

    Buyer's Agent in 2018

    Jane Lee

    RE/MAX

    (847) 420-8866

    2 in this area

    2,331 Total Sales

    Jane Lee
    Section Image
See All Agents

About The Residences at 330 S Michigan

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09891894

Midwest Real Estate Data (MRED)

APN: 17-15-107-049-1027

Illinois Cook County Chicago 60604 The Loop

330 S Michigan Ave Unit 1701, Chicago, IL

This home is located at 330 S Michigan Ave Unit 1701, Chicago, IL 60604 since 21 March 2018 and is currently estimated at $433,745, approximately $361 per square foot. This property was built in 1911. 330 S Michigan Ave Unit 1701 is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Chicago International Charter School.

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