$125,000
SOLD APR 10, 2025

345 E Eastgate Place Unit 501 Chicago, IL 60616

South Commons Neighborhood
1 Bed
1 Bath
527 Sq Ft
$428/mo HOA Fee

Recently Sold

$237 Per Sq Ft

7% Below List Price

20 Days on Market

Highlights

  • Fitness Center
  • Combination Dining and Living Room
  • Dogs and Cats Allowed
  • Laundry Room
  • Family Room
  • Heating Available

About This Home

As of April 2025

Well-maintained 1-bedroom with 1-bathroom condo in the desirable South Loop. This ideally located unit is within walking distance of Mercy Hospital, McCormick Place, and just minutes from the highway, Chinatown, and local parks. The condo unit features tile flooring throughout, an open kitchen, a bright living room with convenient breakfast bar. Additional amenities include in-building laundry facilities and storage room. Ample on- and off-street parking. Unit sold as is.

Last Agent to Sell the Property

Sharon Wong

Century 21 Realty Associates License #471011443 Listed on: 03/04/2025

Century 21 Realty Associates

Co-Listed By

Zoey Zhu

Century 21 Realty Associates License #475188727

Last Buyer's Agent

Gabriel Figueroa

Century 21 Circle License #475184751

Century 21 Circle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,838

HOA Fees

Parking

  • Driveway

Home Design

  • Stone Siding

Interior Spaces

  • 527 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 40 Units
  • 6-Story Property

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,838

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 527
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Masonite, Stone
  • List Price: 135000
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 343
  • Association Amenities: Health Club
  • Association Fee Frequency: Monthly
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: N/A
  • Management Contact Name: N/A
  • Management Phone: 111-111-1111X11
  • Master Association Fee: 85
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1838
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 7, 2025
Sold by
Chiu William
Bought by
Morgan Jonathan
Seller's Agent
Sharon Wong
Century 21 Realty Associates
Buyer's Agent
Gabriel Figueroa
Century 21 Circle
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Views
64
Current Estimated Value
$128,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,576
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Eastgate Village Six Llc
Bought by
Chiu William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.76%
Mortgage Type
Construction
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 $125,000 Chicago Title
Special Warranty Deed $174,000 Git
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,208 New Conventional
Previous Owner $128,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $125,000 -7.4% $237 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $135,000 -- $256 / 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 $1,838 $12,055 $1,136 $10,919
2023 $1,770 $12,000 $917 $11,083
2022 $1,770 $12,000 $917 $11,083
2021 $1,748 $11,999 $917 $11,082
2020 $983 $7,516 $750 $6,766
2019 $1,661 $8,268 $750 $7,518
2018 $1,633 $8,268 $750 $7,518
2017 $1,691 $7,853 $625 $7,228
2016 $1,573 $7,853 $625 $7,228
2015 $1,516 $8,271 $625 $7,646
2014 $1,175 $6,331 $531 $5,800
2013 $1,169 $6,427 $531 $5,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12303506

Midwest Real Estate Data (MRED)

APN: 17-27-129-023-1004