NOT LISTED FOR SALE

4041 S Michigan Ave Unit 4N Chicago, IL 60653

Bronzeville Neighborhood

Estimated Value: $284,702 - $343,000

3 Beds
2 Baths
1,600 Sq Ft
$254/mo HOA Fee

Last Sold January 14, 2016

Last sale price $206,000 $129 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,300/month

59 Days on Market

Highlights

  • Deck
  • 3-minute walk to Indiana Station
  • Balcony
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • 4-minute walk to Poplar Park

About This Home

As of January 2016

"Picture Perfect" or should I say HGTV. This distinguished 3 bedroom, 2 bath condominium has fabulous features such as hardwood floors throughout, vaulted ceiling with skylights, front & rear balconies, fireplace, granite countertops, stainless steel appliances, marble baths, separate storage unit and secured parking. The Surroundings are Breathless, the Location offers Convenience to all your City Needs & the Value is Affordable. Don't Miss This Exceptional Buy.

Last Agent to Sell the Property

Sybil Martin

Coldwell Banker Realty License #471008659 Listed on: 08/15/2015

Coldwell Banker Realty

Co-Listed By

Paulette Edwards

Coldwell Banker Realty License #471011238

Last Buyer's Agent

Maikol Akintonde

Coldwell Banker Realty License #471004463

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,657

Year Built

  • 2009

Lot Details

  • 8,015

HOA Fees

  • $254 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • European Shower

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a bus stop
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • East or West Exposure

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,657

Year Built

2009

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 4
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2009
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2009

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 28X15, On Level: 4th Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink, European Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 06X04, On Level: 4th Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 10X10, On Level: 4th Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X8, On Level: 4th Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X13, On Level: 4th Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: 4th Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 11X10, On Level: 4th Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1600
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Deck
  • Exposure: N (North), W (West), City

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 254
  • Management Contact Name: B. Jensen
  • Management Phone: 773-913-2569X605

Fee Information

  • Management Company: Connected Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50X160
  • Lot Description: Common Grounds
  • Parcel Identification Number: 20031080391008

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 4

Tax Info

  • Taxes: 3938

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2015
Closed on
Jan 13, 2016
Sold by
Marek Dean V and Webb Russell C
Bought by
Piphus William H
Seller's Agent
Sybil Martin
Coldwell Banker Realty
Buyer's Agent
Maikol Akintonde
Coldwell Banker Realty
List Price
$229,000
Sold Price
$206,000
Premium/Discount to List
-$23,000
-10.04%
Current Estimated Value
$311,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,426
Avg. Annual Appreciation
4.33%
Original Mortgage
$7,500
Outstanding Balance
$5,967
Interest Rate
3.97%
Mortgage Type
Stand Alone Second
Estimated Equity
$305,459

Purchase Details

Closed on
Jun 5, 2009
Sold by
Marek Dean
Bought by
Marek Dean V and Webb Russell C

Purchase Details

Closed on
Jul 22, 2008
Sold by
Clarke Construction
Bought by
Marek Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
6.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 20, 2006
Sold by
Terrapin Investments Llc
Bought by
Legio X Development Llc
Source: Public Records

Range of Values:

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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
Piphus William H $206,000 Chicago Title Company
Marek Dean V -- None Available
Marek Dean $255,000 Cti
Legio X Development Llc -- Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piphus William H $7,500
Open Piphus William H $195,700
Previous Owner Marek Dean $165,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold $206,000 -4.2% $129 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
10/13/2015 10/13/15 Price Changed $215,000 -6.1% $134 / Sq Ft
08/15/2015 08/15/15 For Sale $229,000 -- $143 / 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 $4,657 $29,512 $3,890 $25,622
2023 $4,539 $22,000 $3,890 $18,110
2022 $4,539 $22,000 $3,890 $18,110
2021 $4,437 $21,999 $3,889 $18,110
2020 $3,760 $16,880 $1,889 $14,991
2019 $3,739 $18,612 $1,889 $16,723
2018 $3,677 $18,612 $1,889 $16,723
2017 $4,331 $20,121 $1,555 $18,566
2016 $3,530 $20,121 $1,555 $18,566
2015 $3,206 $20,121 $1,555 $18,566
2014 $3,937 $23,789 $1,333 $22,456
2013 $3,848 $23,789 $1,333 $22,456
Source: Public Records

Agents Affiliated with this Home

  • Sybil Martin

    Seller's Agent in 2016

    Sybil Martin

    Coldwell Banker Realty

    (773) 491-7217

    4 in this area

    183 Total Sales

    Sybil Martin
    Section Image
  • Paulette Edwards

    Seller Co-Listing Agent in 2016

    Paulette Edwards

    Coldwell Banker Realty

    (773) 837-0383

    3 in this area

    156 Total Sales

    Paulette Edwards
    Section Image
  • Maikol Akintonde

    Buyer's Agent in 2016

    Maikol Akintonde

    Coldwell Banker Realty

    (312) 544-9046

    1 in this area

    99 Total Sales

    Maikol Akintonde
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09013010

Midwest Real Estate Data (MRED)

APN: 20-03-108-039-1008

Illinois Cook County Chicago 60653 Bronzeville

4041 S Michigan Ave Unit 4N, Chicago, IL

This home is located at 4041 S Michigan Ave Unit 4N, Chicago, IL 60653 since 15 August 2015 and is currently estimated at $311,426, approximately $194 per square foot. This property was built in 2009. 4041 S Michigan Ave Unit 4N is a home located in Cook County with nearby schools including Beethoven Elementary School, Wendell Phillips Academy High School, and Perspectives/IIT Math & Science Academy.

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