NOT LISTED FOR SALE

550 W Fulton St, Unit 504 Chicago, IL 60661

West Loop Neighborhood

Estimated Value: $527,000 - $633,000

2 Beds
2 Baths
1,400 Sq Ft
0.34 Acres

Last Sold May 30, 2018

Last sale price $550,000 $393 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,931/month

Highlights

  • Wood Flooring
  • 2-minute walk to Clinton Station (Green, Pink Lines)
  • Double Oven
  • Whirlpool Bathtub
  • Elevator
  • 4-minute walk to Fulton River Park

About This Home

As of May 2024

Sundrenched 2bed, 2bath home with incredible West Loop location, walking distance to River Walk, Restaurants and Transportation/Highways. Featuring a full island, oak cabinets, granite countertops, dining area and tall ceilings, this spacious 1300+ has perfect flow. Abundance of natural light and views. Attached, heated indoor garage spot included in rent!

Last Agent to Rent the Property

Ravi Jadia

Compass Listed on: 05/20/2024

Compass

Last Renter's Agent

Ksenia Wurl

Compass License #475162421

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,417

Year Built

  • Built in 2000

Lot Details

  • 0.34

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Property Available on 5/17/24
  • Rent includes cable TV, water, exterior maintenance, storage lockers, snow removal

Community Details

Overview

  • 46 Units
  • Mid-Rise Condominium
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,417

Year Built

Built in 2000

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-05-17
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 3900
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Property Sub-Type: Attached
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1400
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Elevator(s), Storage
  • Rent Includes: Cable TV, Water, Exterior Maintenance, Storage Lockers, Snow Removal

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 12, 2018
Sold by
Goel Sameer and Aisola Vidya S
Bought by
Tanna Sajal
Seller's Agent
Rubina Bokhari
Compass
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$545,000
Sold Price
$550,000
Premium/Discount to List
$5,000
0.92%
Current Estimated Value
$585,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,219
Avg. Annual Appreciation
0.84%
Original Mortgage
$412,500
Outstanding Balance
$354,930
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$230,289

Purchase Details

Closed on
Aug 12, 2011
Sold by
Zeller Charles L and Zeller Pamela J
Bought by
Goel Sameer and Aisola Vidya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2003
Sold by
Fohrman Sidney and Fohrman Andrea
Bought by
Zeller Charles L and Zeller Ryan

Purchase Details

Closed on
May 3, 2002
Sold by
Fohrman Sidney
Bought by
Fohrman Sidney and Fohrman Andrea R

Purchase Details

Closed on
Jan 4, 2001
Sold by
Fulton Station Ltd Partnership
Bought by
Fohrman Sidney
Source: Public Records

Range of Values:

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Average Value
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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
Tanna Sajal $550,000 Chicago Title
Goel Sameer $340,000 Chicago Title Insurance Co
Zeller Charles L $363,000 Cti
Fohrman Sidney -- --
Fohrman Sidney $328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanna Sajal $412,500
Previous Owner Goel Sameer $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2024 05/29/24 Rented $4,000 +2.6% --
05/23/2024 05/23/24 Under Contract -- -- --
05/20/2024 05/20/24 For Rent $3,900 0.0% --
05/30/2018 05/30/18 Sold $550,000 +0.9% $401 / Sq Ft View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $545,000 -- $398 / 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 $10,417 $55,088 $2,193 $52,895
2023 $10,133 $52,520 $1,203 $51,317
2022 $10,133 $52,520 $1,203 $51,317
2021 $9,924 $52,518 $1,202 $51,316
2020 $8,720 $42,118 $1,202 $40,916
2019 $8,604 $46,114 $1,202 $44,912
2018 $8,458 $46,114 $1,202 $44,912
2017 $7,328 $37,299 $1,061 $36,238
2016 $6,970 $37,299 $1,061 $36,238
2015 $6,354 $37,299 $1,061 $36,238
2014 $6,040 $35,121 $902 $34,219
2013 $5,909 $35,121 $902 $34,219
Source: Public Records

Agents Affiliated with this Home

  • Ravi Jadia

    Landlord's Agent in 2024

    Ravi Jadia

    Compass

    (248) 808-2472

    3 in this area

    37 Total Sales

    Ravi Jadia
    Section Image
  • Ksenia Wurl

    Tenant's Agent in 2024

    Ksenia Wurl

    Compass

    (312) 890-5428

    74 Total Sales

    Ksenia Wurl
    Section Image
  • Rubina Bokhari

    Seller's Agent in 2018

    Rubina Bokhari

    Compass

    (847) 691-5055

    29 in this area

    170 Total Sales

    Rubina Bokhari
    Section Image
  • Nicholas Colagiovanni

    Buyer's Agent in 2018

    Nicholas Colagiovanni

    Baird Warner

    (312) 501-5151

    35 in this area

    190 Total Sales

    Nicholas Colagiovanni
    Section Image
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About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12061138

Midwest Real Estate Data (MRED)

APN: 17-09-303-088-1028

Illinois Cook County Chicago 60661 West Loop

550 W Fulton St Unit 504, Chicago, IL

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