NOT LISTED FOR SALE

Estimated Value: $166,000 - $214,000

1 Bed
1 Bath
560 Sq Ft
$513/ mo HOA Fee

Last Sold October 23, 2023

Last sale price $187,500 $335 Per Sq Ft

Current estimated payment $1,644/month

26 Days on Market

Highlights

  • Resident Manager or Management On Site
  • 4-minute walk to Harrison Station
  • Accessibility Features
  • South Loop Elementary School Rated 9+
  • Level Entry For Accessibility
  • 4-minute walk to Dearborn Park

About This Home

As of October 2023

**Great for FIRST TIME INVESTORS!! Unit is being rented out until May 1, 2024 for $1800/Month.** Excellent idea for 1031 Exchanges!! This modern, 1 bedroom, South Loop, condo deluxe; has been upgraded with granite countertops, S.S. appliances, elegant hardwood floors, and a stylish paint scheme (freshly painted). The building also has some reasons to brag; how about appreciating the Chicago Skyline from a jacuzzi on the roof top; you could host an event in the posh clubhouse, 24hr security, and a new health club!! The cherry topper is the location! You're just steps from Grant Park, the lake front, museums, restaurants, transportation, absolutely everything you could possibly need and want!! Chicago living at it's finest! Needless to say, this vacancy isn't going to last long so ya better hurry!!

Last Agent to Sell the Property

Robert Alessi

First In Realty, Inc. License #475180448 Listed on: 08/16/2023

Last Buyer's Agent

Mark Placek

Coldwell Banker Real Estate Group License #475164202

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1920 | Remodeled in 2017

Lot Details

  • 1.53

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • 560 Sq Ft Home
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Doors swing in
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 279 Units
  • Dave Association, Phone Number (312) 345-5347
  • High-Rise Condominium
  • Property managed by BURNHAM PARK PLAZA
  • 21-Story Property

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,625

Year Built

Built in 1920 | Remodeled in 2017

Lot Details

1.53 Acres

HOA Fees

$513 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories)
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2017
  • Rebuilt Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, Swing In Door(s), Lever Door Handles, Main Level Entry
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 560
  • Room Type: No additional rooms
  • Stories Total: 21
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 513
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: BURNHAM PARK PLAZA
  • Management Contact Name: DAVE
  • Management Phone: 312-345-5347
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, 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: No

Tax Info

  • Tax Annual Amount: 2625.21
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Disabled Vet

Multi Family

  • Units in Building: 279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 19, 2023
Sold by
Gonzalez Juan E
Bought by
Sharma Mitesh and Sharma Rachna
Seller's Agent
Robert Alessi
First In Realty, Inc.
Buyer's Agent
Mark Placek
Coldwell Banker Real Estate Group
List Price
$190,000
Sold Price
$187,500
Premium/Discount to List
-$2,500
-1.32%
Views
66
Current Estimated Value
$186,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$578
Avg. Annual Appreciation
-0.13%
Original Mortgage
$140,625
Outstanding Balance
$127,854
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$59,068

Purchase Details

Closed on
Apr 24, 2017
Sold by
Smith Ted A and Rhoten Timothy A
Bought by
Gonzalez Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,956
Interest Rate
5.12%
Mortgage Type
VA

Purchase Details

Closed on
Dec 15, 2016
Sold by
Taylor Sharon I
Bought by
Rhoten Timothy R and Smith Ted A

Purchase Details

Closed on
Apr 22, 2011
Sold by
Taylor Sharon I
Bought by
Taylor Sharon I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2000
Sold by
Wydoe Development Llc
Bought by
Taylor Sharon I
Source: Public Records
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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
Sharma Mitesh $187,500 None Listed On Document
Gonzalez Juan A $184,000 Attorney
Rhoten Timothy R $103,500 Fidelity National Title
Taylor Sharon I -- None Available
Taylor Sharon I $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Mitesh $140,625
Previous Owner Gonzalez Juan A $187,956
Previous Owner Taylor Sharon I $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $187,500 -1.3% $335 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $190,000 0.0% $339 / Sq Ft
04/15/2023 04/15/23 Rented $1,800 0.0% --
04/04/2023 04/04/23 For Rent $1,800 +12.5% --
05/01/2018 05/01/18 Rented $1,600 0.0% --
04/13/2018 04/13/18 Off Market $1,600 -- --
04/11/2018 04/11/18 For Rent $1,600 0.0% --
04/09/2018 04/09/18 Off Market $1,600 -- --
03/31/2018 03/31/18 For Rent $1,600 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,053 $13,175 $2,662 $10,513
2024 $2,053 $13,175 $2,662 $10,513
2023 -- $13,018 $2,146 $10,872
2022 $0 $13,018 $2,146 $10,872
2021 $2,474 $13,016 $2,145 $10,871
2020 $2,474 $11,533 $1,944 $9,589
2019 $0 $12,526 $1,944 $10,582
2018 $2,474 $12,526 $1,944 $10,582
2017 $2,318 $10,768 $1,609 $9,159
2016 $1,657 $10,768 $1,609 $9,159
2015 $1,492 $10,768 $1,609 $9,159
2014 $1,320 $9,683 $1,481 $8,202
2013 $1,283 $9,683 $1,481 $8,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11861951

Midwest Real Estate Data (MRED)

APN: 17-15-304-052-1073

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