Seller's Agent in 2023
Rafay Qamar
Real Broker LLC
(773) 232-5871
7 in this area
1,097 Total Sales
One East 14th Place 5 E 14th Place Unit 1507 Chicago, IL 60605
South Loop NeighborhoodEstimated Value: $264,332 - $282,000
1
Bed
1
Bath
760
Sq Ft
$446/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Granite Countertops
- South Loop Elementary School Rated 9+
- Wood Flooring
- 1-minute walk to Coliseum Park
About This Home
As of December 2023Experience the best of South Loop living on the 15th floor of this stunning condo at 5 E 14th Pl. Revel in breathtaking views of the iconic Chicago skyline right from your private balcony. This spacious one-bedroom unit boasts an open-concept living room and kitchen, adorned with elegant hardwood floors throughout. Cozy up by the gas fireplace, providing both warmth and ambiance. The kitchen is a chef's dream, featuring a central island with a convenient breakfast bar. Luxuriate in the oversized bathroom, complete with a soothing Jacuzzi tub and a separate shower. The generously-sized bedroom offers a large walk-in closet for all your storage needs. Modern amenities abound, including in-unit washer and dryer for added convenience. Plus, your deeded indoor parking space is included in the asking price, ensuring easy and secure access to your vehicle. This building offers a suite of fantastic amenities, including an exercise room, bike storage, a doorman for added security, and on-site management for peace of mind. Located in an exceptional South Loop spot, you're just moments away from Mariano's, Trader Joe's, Jewel, an array of restaurants, and easy access to the CTA E Line and multiple bus routes. Take leisurely strolls to the Lakefront, Millennium Park, and the Museum Campus, or visit nearby dog parks for your furry friend's enjoyment. Taxes and assessments even include your deeded parking space, making this condo an outstanding opportunity for the savvy buyer seeking both luxury and convenience in the heart of Chicago.
Last Agent to Sell the Property
Real Broker LLC License #475158420 Listed on: 09/27/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,892
Year Built
- Built in 2000
Lot Details
- 10,585
HOA Fees
- $446 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 760 Sq Ft Home
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- South Loop Elementary School
- Phillips Academy High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 104 Units
- Peter Drengberg Association, Phone Number (312) 753-1414
- Property managed by First Service Residential
- 17-Story Property
Amenities
- Doorman
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2023
Closed on
Dec 6, 2023
Sold by
Lee Gerold L and Lee Julie L
Bought by
Chen Richard
Seller's Agent
Rafay Qamar
Real Broker LLC
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%
Views
23
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
$13,833
Avg. Annual Appreciation
2.80%
Original Mortgage
$208,000
Outstanding Balance
$204,116
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$69,717
Purchase Details
Closed on
Mar 28, 2012
Sold by
Lee Gerold and Lee Julie L
Bought by
Lee Gerold L and Lee Julie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2000
Sold by
1501 South State Street Llc
Bought by
Lee Gerold
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
8.05%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Richard | $260,000 | None Listed On Document | |
| Lee Gerold L | -- | Near North National Title | |
| Lee Gerold | $166,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Richard | $208,000 | |
| Previous Owner | Lee Gerold L | $142,000 | |
| Previous Owner | Lee Gerold | $157,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2023 12/11/23 | Sold | $260,000 | -3.3% | $342 / Sq Ft |
| 10/26/2023 10/26/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | For Sale | $269,000 | -- | $354 / 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 | $4,088 | $22,256 | $1,143 | $21,113 |
| 2023 | $3,963 | $22,630 | $921 | $21,709 |
| 2022 | $3,963 | $22,630 | $921 | $21,709 |
| 2021 | $3,892 | $22,628 | $920 | $21,708 |
| 2020 | $3,421 | $18,458 | $755 | $17,703 |
| 2019 | $3,349 | $20,098 | $755 | $19,343 |
| 2018 | $3,291 | $20,098 | $755 | $19,343 |
| 2017 | $3,046 | $17,526 | $623 | $16,903 |
| 2016 | $3,010 | $17,526 | $623 | $16,903 |
| 2015 | $2,731 | $17,526 | $623 | $16,903 |
| 2014 | $2,484 | $15,958 | $558 | $15,400 |
| 2013 | $2,424 | $15,958 | $558 | $15,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rafay Qamar
-
Eugene Fu
Buyer's Agent in 2023
Eugene Fu
@ Properties
(312) 804-3738
5 in this area
397 Total Sales
-
Justin Daly
Buyer Co-Listing Agent in 2023
Justin Daly
@ Properties
(856) 889-4549
1 in this area
62 Total Sales
About One East 14th Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11895171
APN: 17-22-106-076-1085
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