4941 S Michigan Ave Unit 1N Chicago, IL 60615
Grand Boulevard Neighborhood
3
Beds
2
Baths
1,100
Sq Ft
$381/mo
HOA Fee
Highlights
- Wood Flooring
- Built-In Features
- Walk-In Closet
- Granite Countertops
- Intercom
- Secured Garage or Parking
About This Home
As of November 2023Welcome to this exquisite 3-bedroom, 2-bathroom condo nestled in the heart of historic Bronzeville, where classic charm meets modern elegance. This meticulously designed condo boasts an array of features that make it a true urban oasis. Enjoy the spacious layout with a generous living room and dining area, perfect for entertaining guests or relaxing with loved ones, all adorned with beautiful hardwood floors and exposed brick walls that add character and warmth. Cozy up in the living room beside the electric fireplace, creating a relaxing ambiance on chilly evenings. The primary bedroom features an en-suite bathroom and a walk-in closet, while the tastefully designed kitchen boasts granite countertops and space for barstools. Added conveniences include in-unit laundry and modern updates in the bathrooms. Step outside onto the exterior space off the primary bedroom for your morning coffee. Secure entry with two security doorways, clean common areas, indoor mail access, extra basement storage, and secure parking with an automated gate complete the package. This condo is ideally located on Michigan Ave, offering access to amenities, cultural attractions, and the rich history of Bronzeville. Don't miss the opportunity to call this condo your new home and experience the finest in urban living in Bronzeville.
Last Agent to Sell the Property
Coldwell Banker Realty License #475191173 Listed on: 09/10/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,051
Year Built
- Built in 1920
Lot Details
- Additional Parcels
HOA Fees
- $381 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,100 Sq Ft Home
- 3-Story Property
- Built-In Features
- Electric Fireplace
- Blinds
- Living Room with Fireplace
- Storage
- Intercom
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Parking Space
- Alley Access
- Driveway
- Secured Garage or Parking
- Uncovered Parking
- Parking Lot
- Parking Included in Price
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, scavenger
- 8 Units
- Association Phone (773) 855-2394
- Property managed by VICTORIA ON MICHIGAN CONDO ASSOCIATION
Pet Policy
- Pets up to 100 lbs
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2023
Closed on
Nov 10, 2023
Sold by
Selman Phillip
Bought by
Carter Crystal
Seller's Agent
Briana Cattledge
Coldwell Banker Realty
Buyer's Agent
Stephanie Pagone
Compass
List Price
$220,000
Sold Price
$206,500
Premium/Discount to List
-$13,500
-6.14%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,046
Avg. Annual Appreciation
2.99%
Original Mortgage
$196,175
Outstanding Balance
$193,758
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$23,475
Purchase Details
Listed on
Jul 29, 2016
Closed on
Dec 21, 2016
Sold by
Fannie Mae
Bought by
Selman Phillip
Seller's Agent
Jason Shapiro
RISING REALTY LLC
Buyer's Agent
Christian Arrecis
Coldwell Banker Realty
List Price
$118,000
Sold Price
$105,500
Premium/Discount to List
-$12,500
-10.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$101,808
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 2014
Sold by
Seaton Chenell E
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 19, 2005
Sold by
4943-45 S Michigan Avenue Llc
Bought by
Seaton Chenell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $206,500 | Chicago Title | |
| Special Warranty Deed | -- | First American Title Insuran | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $213,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,175 | New Conventional | |
| Previous Owner | $97,500 | New Conventional | |
| Previous Owner | $101,808 | New Conventional | |
| Previous Owner | $245,900 | Unknown | |
| Previous Owner | $213,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $206,500 | -6.1% | $188 / Sq Ft |
| 10/13/2023 10/13/23 | Pending | -- | -- | -- |
| 09/10/2023 09/10/23 | For Sale | $220,000 | +108.5% | $200 / Sq Ft |
| 12/22/2016 12/22/16 | Sold | $105,500 | +0.6% | $96 / Sq Ft |
| 11/07/2016 11/07/16 | Pending | -- | -- | -- |
| 10/13/2016 10/13/16 | Price Changed | $104,900 | -11.1% | $95 / Sq Ft |
| 09/02/2016 09/02/16 | For Sale | $118,000 | 0.0% | $107 / Sq Ft |
| 08/19/2016 08/19/16 | Pending | -- | -- | -- |
| 07/29/2016 07/29/16 | For Sale | $118,000 | -- | $107 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,050 | $20,175 | $3,569 | $16,606 |
| 2023 | $1,976 | $13,000 | $3,569 | $9,431 |
| 2022 | $1,976 | $13,000 | $3,569 | $9,431 |
| 2021 | $1,950 | $12,999 | $3,568 | $9,431 |
| 2020 | $1,323 | $9,043 | $1,733 | $7,310 |
| 2019 | $2,014 | $10,024 | $1,733 | $8,291 |
| 2018 | $1,980 | $10,024 | $1,733 | $8,291 |
| 2017 | $1,364 | $6,335 | $1,427 | $4,908 |
| 2016 | $1,269 | $6,335 | $1,427 | $4,908 |
| 2015 | $1,778 | $9,704 | $1,427 | $8,277 |
| 2014 | $1,946 | $10,487 | $1,223 | $9,264 |
| 2013 | $1,907 | $10,487 | $1,223 | $9,264 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Briana Cattledge
Coldwell Banker Realty
(847) 363-2230
2 in this area
29 Total Sales
-
Buyer's Agent in 2023
Stephanie Pagone
Compass
(847) 791-0924
1 in this area
94 Total Sales
-
J
Seller's Agent in 2016
Jason Shapiro
RISING REALTY LLC
1 in this area
32 Total Sales
-
C
Buyer's Agent in 2016
Christian Arrecis
Coldwell Banker Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11879382
APN: 20-10-114-031-1003
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