NOT LISTED FOR SALE

Estimated Value: $154,253 - $175,000

Studio
1 Bath
423 Sq Ft
$495/mo HOA Fee

Last Sold February 20, 2024

Last sale price $140,750 $333 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,571/month

8 Days on Market

Highlights

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

About This Home

As of February 2024

RARELY AVAILABLE STUDIO IN THE HEART OF THE SOUTH LOOP. BURNHAM PARK PLAZA IS A LUXURY BUILDING WITH ALL THE AMENITIES! MONTHLY ASSESSMENT INCLUDES HEAT/AC, WATER, CABLE & INTERNET. 24HR DOOR STAFF, BEAUTIFUL ROOF TOP DECK WITH HOT TUB, PARTY ROOM, SAUNA, FITNESS CENTER AND MORE. VERY FUNCTIONAL SPACE, HARDWOOD FLOOR. LOCATION IS EVERYTHING! PUBLIC TRANSIT, PARKS, THE LAKE. NO RENTAL CAP. CAN BE SOLD FURNISHED AT NO ADDITIONAL CHARGE. AGENT OWNED.

Last Agent to Sell the Property

Gene Aizikovich

Realty Advisors Elite LLC License #475171852 Listed on: 01/01/2024

Last Buyer's Agent

Sharon Lear

Compass License #475197408

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1920 | Remodeled in 2000

Lot Details

  • 1.53

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 423 Sq Ft Home
  • Combination Dining and Living Room

Utilities

  • Central Air
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable
  • 279 Units
  • Laura Alexander Association, Phone Number (312) 427-0123
  • Property managed by Burnham Park Plaza Condo Association
  • 21-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,605

Year Built

Built in 1920 | Remodeled in 2000

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2000
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21
  • Year Renovated: 2000

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 423
  • Room Type: No additional rooms
  • Stories Total: 21
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 495
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Burnham Park Plaza Condo Association
  • Management Contact Name: Laura Alexander
  • Management Phone: 312-427-0123
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2605.31
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Feb 16, 2024
Sold by
Aizikovich Genadiy
Bought by
Swope Dylan and Swope Daniel Allyn
Seller's Agent
Gene Aizikovich
Realty Advisors Elite LLC
Buyer's Agent
Sharon Lear
Compass
List Price
$149,000
Sold Price
$140,750
Premium/Discount to List
-$8,250
-5.54%
Views
66
Current Estimated Value
$163,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,313
Avg. Annual Appreciation
8.10%
Original Mortgage
$132,427
Outstanding Balance
$129,765
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$33,298

Purchase Details

Listed on
Jul 31, 2019
Closed on
Jul 30, 2019
Sold by
Heywood Patrick J
Bought by
Aizikovich Genadiy
Seller's Agent
Gene Aizikovich
Realty Advisors Elite LLC
Buyer's Agent
Kyle Aldrich
Fulton Grace Realty
Sold Price
$1,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$84,375
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2016
Sold by
Heywood Partrick J and Heywood Elizbeth A
Bought by
Heywood Patrick J and The Patrick J Heywood Trust

Purchase Details

Closed on
Nov 23, 2005
Sold by
Meek Kevin D
Bought by
Heywood Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 27, 2001
Sold by
Wydoe Development Llc
Bought by
Meek Kevin D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Swope Dylan $141,000 Altima Title
Aizikovich Genadiy $112,500 Chicago Title Company
Heywood Patrick J -- Attorney
Heywood Patrick J $110,000 Cti
Meek Kevin D $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swope Dylan $132,427
Previous Owner Aizikovich Genadiy $84,375
Previous Owner Heywood Patrick J $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold $140,750 -5.5% $333 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $149,000 0.0% $352 / Sq Ft
02/28/2023 02/28/23 Rented $1,360 -1.1% --
02/22/2023 02/22/23 For Rent $1,375 +1.9% --
08/31/2019 08/31/19 Rented $1,350 0.0% --
08/19/2019 08/19/19 Price Changed $1,350 -3.6% $3 / Sq Ft
07/31/2019 07/31/19 For Rent $1,400 0.0% --
07/30/2019 07/30/19 Sold $112,500 -12.0% $266 / Sq Ft View Prior Sale
06/17/2019 06/17/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $127,900 0.0% $302 / Sq Ft
06/10/2019 06/10/19 Price Changed $127,900 +13.7% $302 / Sq Ft
06/09/2019 06/09/19 Off Market $112,500 -- --
06/09/2019 06/09/19 For Sale $130,000 +15.6% $307 / Sq Ft
06/07/2019 06/07/19 Off Market $112,500 -- --
05/29/2019 05/29/19 Price Changed $130,000 -3.6% $307 / Sq Ft
05/22/2019 05/22/19 Price Changed $134,900 -3.6% $319 / Sq Ft
05/12/2019 05/12/19 Price Changed $139,900 -3.5% $331 / Sq Ft
05/03/2019 05/03/19 Price Changed $144,900 -6.5% $343 / Sq Ft
03/06/2019 03/06/19 For Sale $154,900 -- $366 / 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
2025 $2,673 $12,782 $2,583 $10,199
2024 $2,673 $12,782 $2,583 $10,199
2023 $2,605 $12,629 $2,082 $10,547
2022 $2,605 $12,629 $2,082 $10,547
2021 $2,547 $12,627 $2,081 $10,546
2020 $2,492 $11,188 $1,886 $9,302
2019 $2,441 $12,152 $1,886 $10,266
2018 $2,400 $12,152 $1,886 $10,266
2017 $2,249 $10,447 $1,561 $8,886
2016 $2,092 $10,447 $1,561 $8,886
2015 $1,914 $10,447 $1,561 $8,886
2014 $1,743 $9,394 $1,437 $7,957
2013 $1,709 $9,394 $1,437 $7,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11953371

Midwest Real Estate Data (MRED)

APN: 17-15-304-052-1104