NOT LISTED FOR SALE

Estimated Value: $282,414 - $299,000

2 Beds
1 Bath
1,050 Sq Ft
$661/mo HOA Fee

Last Sold February 03, 2023

Last sale price $240,000 $229 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,536/month

80 Days on Market

Highlights

  • Doorman
  • 4-minute walk to Harrison Station
  • Community Indoor Pool
  • South Loop Elementary School Rated 9+
  • Fitness Center
  • 4-minute walk to Dearborn Park

About This Home

As of February 2023

It is a must-see unit! The best deal South loop has to offer! 2bed/1baths cherry wood floors, modern kitchen with SS appliances, large bedrooms, great closet space. Full amenity building with Newly renovated Roof top with hot tub and unreal views, assessment paid in full already, indoor hot tub and party room. Available now. In unit washer and dryer grandfathered in. Parking spot available for $25k. This is a great investment unit that will rent for $2400 with parking.

Last Agent to Sell the Property

Timothy Rhoten

Red Carpet Investment Group In License #471007578 Listed on: 10/06/2022

Co-Listed By

Irina Bugatova

Red Carpet Investment Group In License #475190051

Last Buyer's Agent

Kywana Ross

United Real Estate-Chicago License #475143460

United Real Estate-Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,537

Lot Details

  • 1.53

HOA Fees

  • $661 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,050 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, exercise facilities, pool, lawn care, scavenger, snow removal
  • 279 Units
  • Michelle Association, Phone Number (312) 427-0123
  • Property managed by Burnham Park Plaza Condominium Association
  • 21-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator

Recreation

  • Community Indoor Pool

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,537

Lot Details

0

HOA Fees

$661 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
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 10
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1050
  • Room Type: No additional rooms
  • Stories Total: 21
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 661
  • Association Amenities: Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Burnham Park Plaza Condominium Association
  • Management Contact Name: Michelle
  • Management Phone: 312-427-0123
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, Exercise Facilities, Pool, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4537.3
  • Tax Year: 2020

Multi Family

  • Units in Building: 279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jan 19, 2023
Sold by
Rechberger Judy A
Bought by
Clemons-Vassel Vincent
Seller's Agent
Timothy Rhoten
Red Carpet Investment Group In
Buyer's Agent
Kywana Ross
United Real Estate-Chicago
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Views
14
Current Estimated Value
$281,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,009
Avg. Annual Appreciation
6.41%
Original Mortgage
$48,000
Outstanding Balance
$43,804
Interest Rate
5.14%
Estimated Equity
$244,300

Purchase Details

Closed on
Sep 27, 2004
Sold by
Garland William and Paxton Romine Lynn
Bought by
Kavanaugh Raphael R and Rechberger Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2003
Sold by
Heeman David J and Jones Amanda R
Bought by
Garland William and Paxton Romine Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 2003
Sold by
Bray Adam J and Kaiser Michelle A
Bought by
Heeman David and Jones Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2001
Sold by
Wydoe Development Llc
Bought by
Heeman David J and Jones Amanda R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clemons-Vassel Vincent $240,000 Chicago Title
Clemons-Vassel Vincent $240,000 Chicago Title
Kavanaugh Raphael R $235,000 Chicago Title Insurance Comp
Garland William $220,000 Multiple
Heeman David $338,000 Mtc
Heeman David J $231,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemons-Vassel Vincent $48,000
Open Clemons-Vassel Vincent $192,000
Closed Clemons-Vassel Vincent $192,000
Previous Owner Kavanaugh Raphael R $188,000
Previous Owner Garland William $209,000
Closed Clemons-Vassel Vincent $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $240,000 +6.7% $229 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $225,000 0.0% $214 / Sq Ft
12/11/2020 12/11/20 Rented $1,500 0.0% --
09/24/2020 09/24/20 For Rent $1,500 -25.0% --
05/18/2018 05/18/18 Rented $2,000 0.0% --
05/08/2018 05/08/18 For Rent $2,000 -- --
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
2025 $4,866 $23,269 $4,702 $18,567
2024 $4,866 $23,269 $4,702 $18,567
2023 $4,743 $22,991 $3,790 $19,201
2022 $4,743 $22,991 $3,790 $19,201
2021 $4,637 $22,989 $3,789 $19,200
2020 $4,538 $20,369 $3,434 $16,935
2019 $4,445 $22,124 $3,434 $18,690
2018 $4,370 $22,124 $3,434 $18,690
2017 $4,094 $19,019 $2,842 $16,177
2016 $3,809 $19,019 $2,842 $16,177
2015 $3,485 $19,019 $2,842 $16,177
2014 $3,173 $17,103 $2,617 $14,486
2013 $3,111 $17,103 $2,617 $14,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11646334

Midwest Real Estate Data (MRED)

APN: 17-15-304-052-1218