NOT LISTED FOR SALE

4408 S Michigan Ave Unit 1 Chicago, IL 60653

Grand Boulevard Neighborhood

Estimated Value: $252,000 - $289,000

3 Beds
2 Baths
1,800 Sq Ft
4,879 Sq Ft Lot

Last Sold July 27, 2013

Last sale price $52,000 $29 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $1,741/month

Highlights

  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Jackson Park

About This Home

As of April 2024

Large 3 bedroom, 2 bathroom home in excellent Bronzeville location available for rent. This 1st floor (not ground level) condo offers a stunning Greystone facade, with all of the interior modern features you are looking for - in unit laundry, central AC, updated finishes. You'll love the high ceilings, separate living / dining. Gated parking included in the rent.

Last Agent to Rent the Property

Ali Arciniega

ALLURE Real Estate License #475163462 Listed on: 03/06/2024

ALLURE Real Estate

Last Renter's Agent

Non Member

NON MEMBER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,810

Year Built

  • 1898

Lot Details

  • 4,879

Home Design

  • Limestone

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,925
  • Property Available on 3/11/24
  • Rent includes water, parking, exterior maintenance, lawn care
  • 12 Month Lease Term

Community Details

Overview

  • 3 Units

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,810

Year Built

1898

Lot Details

0

Rental Info

  • Available Date: 2024-03-11
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1925
  • Security Deposit: 1925
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built (Public Record): 1898

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: No
  • LivingArea: 1800
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Limestone

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: None
  • Rent Includes: Water, Parking, Exterior Maintenance, Lawn Care
  • Management Company: NONE
  • Management Contact Name: NONE
  • Management Phone: 000-000-0000X000

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Excellent Properties Llc
Bought by
Danny T Huang Living Trust and Huang
Current Estimated Value
$270,554

Purchase Details

Listed on
Sep 24, 2012
Closed on
Jun 17, 2013
Sold by
Margerum Marcus E
Bought by
Excellent Properties Llc
Seller's Agent
Johnnie Martin
JMAR Realty Group
Buyer's Agent
Vedad Alijagic
Vedad Alijagic
List Price
$50,000
Sold Price
$52,000
Premium/Discount to List
$2,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Hinsbrook Bank & Trust
Bought by
Margerum Marcus E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Danny T Huang Living Trust -- None Listed On Document
Excellent Properties Llc $52,000 Chicago Title Insurance Comp
Margerum Marcus E $203,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margerum Marcus E $162,400
Closed Margerum Marcus E $40,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Rented $1,925 0.0% --
03/23/2024 03/23/24 Under Contract -- -- --
03/06/2024 03/06/24 For Rent $1,925 +7.2% --
03/15/2022 03/15/22 Rented $1,795 0.0% --
02/28/2022 02/28/22 Under Contract -- -- --
02/17/2022 02/17/22 For Rent $1,795 0.0% --
07/27/2013 07/27/13 Sold $52,000 0.0% $29 / Sq Ft View Prior Sale
10/08/2012 10/08/12 Pending -- -- --
10/01/2012 10/01/12 Off Market $52,000 -- --
09/24/2012 09/24/12 For Sale $50,000 -- $28 / 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 $3,810 $19,318 $5,671 $13,647
2023 $3,714 $18,000 $5,671 $12,329
2022 $3,714 $18,000 $5,671 $12,329
2021 $3,630 $17,999 $5,670 $12,329
2020 $4,153 $18,641 $2,754 $15,887
2019 $4,130 $20,554 $2,754 $17,800
2018 $4,060 $20,554 $2,754 $17,800
2017 $1,692 $7,859 $2,268 $5,591
2016 $1,574 $7,859 $2,268 $5,591
2015 $1,440 $7,859 $2,268 $5,591
2014 $2,041 $10,998 $1,944 $9,054
2013 $2,000 $10,998 $1,944 $9,054
Source: Public Records

Agents Affiliated with this Home

  • Ali Arciniega

    Landlord's Agent in 2024

    Ali Arciniega

    ALLURE Real Estate

    (773) 683-1249

    113 Total Sales

    Ali Arciniega
    Section Image

  • N

    Tenant's Agent in 2024

    Non Member

    NON MEMBER

  • Faith Washington

    Seller's Agent in 2022

    Faith Washington

    Keller Williams Preferred Rlty

    (708) 669-9316

    51 Total Sales

    Faith Washington
    Section Image
  • Johnnie Martin

    Seller's Agent in 2013

    Johnnie Martin

    JMAR Realty Group

    (630) 480-1888

    16 Total Sales

    Johnnie Martin
    Section Image

  • V

    Buyer's Agent in 2013

    Vedad Alijagic

    Vedad Alijagic

    1 in this area

    18 Total Sales

    Vedad Alijagic
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11997143

Midwest Real Estate Data (MRED)

APN: 20-03-307-023-1001

Illinois Cook County Chicago 60653 Grand Boulevard

4408 S Michigan Ave Unit 1, Chicago, IL

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