NOT LISTED FOR SALE

331 S Peoria St Unit 204 Chicago, IL 60607

Greektown Neighborhood

Estimated Value: $351,000 - $442,000

2 Beds
2 Baths
1,200 Sq Ft
$540/mo HOA Fee

Last Sold August 26, 2024

Last sale price $415,000 $346 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,449/month

8 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Uic-Halsted Station
  • Wood Flooring
  • Skinner Elementary School Rated A-
  • Open Floorplan
  • 5-minute walk to Mary Bartelme Park

About This Home

As of August 2024

Welcome to your West Loop home! This incredible Timber loft offers ample living space with soaring 13 foot ceiling, extra large windows all around, beautiful white oak light stained hardwood floors, exposed beams, and sleek black duct work for a true loft vibe. The unit was freshly painted from top to bottom, new water heater in 2019, all new Kitchen appliances and freshly sanded and stained white oak hardwood floors throughout the living area (2024). With natural sunlight beaming through this spacious loft boasts over 1200 square feet. From the moment you step into the Grand foyer and sitting room you'll be welcomed by the sunny, chic and rustic loft vibe. A true two bed two bath with sitting room off the kitchen and a huge living and dining area, in unit washer & dryer and so much style. The split floor plan offer a fully enclosed second bedroom and across the way is a very large primary bedroom with attached primary bath featuring dual sinks and a separate shower/ soaker bath with marble tile surround. The building has a brand new Butterfly entry system, secure entry, a beautiful courtyard and common roof deck. Walk to all West Loop has to offer; Ground Up coffee is just across the street, walk to Target, grocery stores, shops, restaurants, schools, parks and so much more. Street parking is available or Garage parking can be leased just next door or in multiple locations nearby. Take advantage of the easy commute with the Halsted Blue Line station and expressway just steps away, making it easy to navigate the city and beyond. Don't miss out on this incredible opportunity to own a piece of the West Loop's vibrant lifestyle. Schedule a showing today and make this charming timber loft your new home!

Last Agent to Sell the Property

Juana Honeycutt

Compass License #475122247 Listed on: 06/21/2024

Compass

Co-Listed By

Kaitlin Sager

Compass License #475191573

Last Buyer's Agent

Ryan Douglas Wells

Keller Williams ONEChicago License #475155636

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,852

Year Built

  • Built in 1913

Lot Details

  • End Unit

HOA Fees

  • $540 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Open Floorplan
  • Historic or Period Millwork
  • Beamed Ceilings
  • Window Treatments
  • Entrance Foyer
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Leased Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio

Schools

  • Skinner Elementary School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, security, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 35 Units
  • Tee Lam Association, Phone Number (773) 572-0880
  • Mid-Rise Condominium
  • Timber Loft
  • Property managed by Westward Management
  • 5-Story Property

Amenities

  • Sundeck
  • Elevator

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,852

Year Built

Built in 1913

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Historic/Period Mlwk, Beamed Ceilings, Open Floorplan, Some Carpeting, Some Window Treatment, Some Wood Floors, Dining Combo
  • LivingArea: 1200
  • Room Type: Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Roof Deck, End Unit
  • List Price: 410000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Parking Lot
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A
  • Highest Parking Fee: 350
  • Lowest Parking Fee: 200

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 540
  • Association Amenities: Elevator(s), Sundeck, Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward Management
  • Management Contact Name: Tee Lam
  • Management Phone: 773-572-0880
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Skinner Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Lease Amount: 200
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7851.58
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 26, 2024
Sold by
Gavel Richard
Bought by
Welch Samuel Harrison
Seller's Agent
Juana Honeycutt
Compass
Buyer's Agent
Ryan Douglas Wells
Keller Williams ONEChicago
List Price
$410,000
Sold Price
$415,000
Premium/Discount to List
$5,000
1.22%
Views
9
Current Estimated Value
$411,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,868
Avg. Annual Appreciation
-0.93%
Original Mortgage
$290,500
Outstanding Balance
$287,798
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$123,334

Purchase Details

Closed on
May 25, 2012
Sold by
Rusu Vadim and Rusu Iris
Bought by
Gavel Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Olsen Anna E and Pecharich Anna
Bought by
Rusu Vadim and Rusu Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,550
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2001
Sold by
Tubbs Derek M
Bought by
Olsen Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.62%

Purchase Details

Closed on
Aug 18, 1998
Sold by
Standard Bank & Trust Company
Bought by
Tubbs Drek M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
7.04%
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
Welch Samuel Harrison $415,000 Fidelity National Title
Gavel Richard $288,000 Fidelity National Title
Rusu Vadim $309,000 Git
Olsen Anna E $255,000 Chicago Title Insurance Co
Tubbs Drek M $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Samuel Harrison $290,500
Previous Owner Gavel Richard $254,600
Previous Owner Gavel Richard $259,200
Previous Owner Rusu Vadim $293,550
Previous Owner Pecharich Thomas Louise $25,000
Previous Owner Olsen Anna E $202,404
Previous Owner Olsen Anna E $204,000
Previous Owner Tubbs Drek M $154,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $415,000 +1.2% $346 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $410,000 -- $342 / 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 $8,077 $42,573 $2,070 $40,503
2023 $7,852 $41,466 $1,135 $40,331
2022 $7,852 $41,466 $1,135 $40,331
2021 $7,694 $41,464 $1,134 $40,330
2020 $6,038 $30,118 $1,134 $28,984
2019 $5,953 $32,963 $1,134 $31,829
2018 $5,852 $32,963 $1,134 $31,829
2017 $5,689 $29,712 $1,001 $28,711
2016 $5,451 $29,712 $1,001 $28,711
2015 $4,964 $29,712 $1,001 $28,711
2014 $4,531 $26,990 $851 $26,139
2013 $4,431 $26,990 $851 $26,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12088005

Midwest Real Estate Data (MRED)

APN: 17-17-227-015-1011