NOT LISTED FOR SALE

Platinum Tower 700 W Van Buren St Unit 909 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $319,000 - $341,000

1 Bed
1 Bath
1,100 Sq Ft
$550/mo HOA Fee

Last Sold May 01, 2024

Last sale price $309,000 $281 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,828/month

14 Days on Market

Highlights

  • Lock-and-Leave Community
  • 4-minute walk to Clinton Station (Blue Line)
  • L-Shaped Dining Room
  • Skinner Elementary School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to The Green at 320

About This Home

As of May 2024

1 Bedroom + Den, 1 Bath, Fully renovated spacious Condo located in the vibrant West Loop! Walk to Randolph Street, Fulton Market, Greek Town, UIC, the Medical District, Blue line, Ogilvie & Union Station. Professionally designed, completely upgraded unit with updated hardwood floors, stainless steel appliances, renovated kitchen with tall dark wood spacious cabinets and additional pantry for extra kitchen storage. Renovated bathroom with modern tiles, brand new vanity with marble granite countertop, and updated plumbing. Very large open floor plan with spacious living room and high ceilings. Naturally well lit, floor-to-ceiling windows in living room and bedroom. Custom walk-in bedroom closets for optimized storage with built-in enclosed laundry hamper. In-unit laundry includes a brand new system including TurboSteam capability. Spacious Den can be converted into a 2nd Bedroom, Office, Formal dining area, or entertainment room. Huge balcony facing West with amazing unobstructed sunset views. The building offers secure entry with a camera-enabled entry system. Indoor garage parking included in price. Assessments include Cable TV, Internet, hot water and parking fee. Perfect for entertaining, lots of open space, Close to I-90/94 & I-290. Move in ready!

Last Agent to Sell the Property

Sohail Gilani

GC Realty and Development, LL License #475207098 Listed on: 03/07/2024

Last Buyer's Agent

Daisy Mazariegos

Compass License #475192172

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,152

Year Built

  • Built in 1997

Lot Details

  • 0.25

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • Vaulted Ceiling
  • L-Shaped Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, tv/cable, exterior maintenance, scavenger, snow removal
  • 97 Units
  • Yuri Chepela Association, Phone Number (312) 335-1950
  • Platinum Tower Subdivision, Condo Floorplan
  • Property managed by First Service Resedential
  • Lock-and-Leave Community
  • 15-Story Property

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,152

Year Built

Built in 1997

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Platinum Tower
  • Year Built: 1997
  • Age: 26-30 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: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, Laundry Hook-Up in Unit
  • LivingArea: 1100
  • Other Equipment: Humidifier, TV-Cable, Security System, Intercom, Fire Sprinklers, CO Detectors
  • Room Type: Den
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 314900
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • 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
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 550
  • Association Amenities: Elevator(s), Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Resedential
  • Management Contact Name: Yuri Chepela
  • Management Phone: 312-335-1950
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 6151.71
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 1, 2024
Sold by
Bhai Zahra and Gilani Sohail
Bought by
Munoz Elizabeth
Seller's Agent
Sohail Gilani
GC Realty and Development, LL
Buyer's Agent
Daisy Mazariegos
Compass
List Price
$314,900
Sold Price
$309,000
Premium/Discount to List
-$5,900
-1.87%
Views
29
Current Estimated Value
$331,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,831
Avg. Annual Appreciation
6.39%
Original Mortgage
$264,000
Outstanding Balance
$260,520
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$76,056

Purchase Details

Closed on
Sep 1, 2017
Sold by
Ahuja Aakarsh K and Ahuja Neha
Bought by
Bhai Zahra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2008
Sold by
Michalak Marcin and Michalak Anna
Bought by
Ahuja Aakarsh K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2001
Sold by
700 W Van Buren Ii Llc
Bought by
Michalak Marcin and Michalak Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

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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
Munoz Elizabeth $309,000 None Listed On Document
Bhai Zahra $298,000 Citywide Title Corporation
Ahuja Aakarsh K $260,000 Marquis Title
Ahuja Aakarsh K $260,000 Marquis Title
Michalak Marcin $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Elizabeth $264,000
Previous Owner Bhai Zahra $225,530
Previous Owner Bhai Zahra $228,500
Previous Owner Bhai Zahra $238,400
Previous Owner Ahuja Aakarsh K $210,301
Previous Owner Ahuja Aakarsh K $208,000
Previous Owner Jenkins Philip W $500,000
Previous Owner Michalak Marcin $154,200
Previous Owner Michalak Marcin $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $309,000 -1.9% $281 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $314,900 0.0% $286 / Sq Ft
03/06/2022 03/06/22 Rented -- -- --
03/04/2022 03/04/22 Under Contract -- -- --
03/03/2022 03/03/22 For Rent -- -- --
02/28/2022 02/28/22 Under Contract -- -- --
02/26/2022 02/26/22 Off Market -- -- --
02/22/2022 02/22/22 For Rent $1,950 0.0% --
10/04/2021 10/04/21 Rented -- -- --
10/01/2021 10/01/21 Under Contract -- -- --
09/24/2021 09/24/21 For Rent $1,950 -- --
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 $6,311 $31,842 $696 $31,146
2023 $6,152 $29,808 $382 $29,426
2022 $6,152 $29,808 $382 $29,426
2021 $6,014 $29,807 $381 $29,426
2020 $6,134 $27,442 $381 $27,061
2019 $6,054 $30,033 $381 $29,652
2018 $5,952 $30,033 $381 $29,652
2017 $4,230 $22,959 $336 $22,623
2016 $4,098 $22,959 $336 $22,623
2015 $3,726 $22,959 $336 $22,623
2014 $3,032 $18,908 $286 $18,622
2013 $2,961 $18,908 $286 $18,622
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sohail Gilani

    GC Realty and Development, LL

    (847) 721-6540

    1 in this area

    1 Total Sale

    Sohail Gilani
    Section Image

  • D

    Buyer's Agent in 2024

    Daisy Mazariegos

    Compass

    (773) 899-4378

    6 in this area

    55 Total Sales

    Daisy Mazariegos
    Section Image
  • William Goldberg

    Seller's Agent in 2022

    William Goldberg

    Fulton Grace

    (847) 373-9232

    1 in this area

    265 Total Sales

    William Goldberg
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Michelle Dabrowski

    Fulton Grace

    (773) 698-6648

    Michelle Dabrowski
    Section Image
  • Olivia Stohle

    Buyer's Agent in 2022

    Olivia Stohle

    Compass

    (847) 313-5137

    2 in this area

    37 Total Sales

    Olivia Stohle
    Section Image
  • Konrad Dabrowski

    Seller's Agent in 2021

    Konrad Dabrowski

    Fulton Grace Realty

    (872) 240-2887

    2 in this area

    302 Total Sales

    Konrad Dabrowski
    Section Image
See All Agents

About Platinum Tower

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11987541

Midwest Real Estate Data (MRED)

APN: 17-16-117-040-1039

Illinois Cook County Chicago 60607 West Loop

700 W Van Buren St Unit 909, Chicago, IL

This home is located at 700 W Van Buren St Unit 909, Chicago, IL 60607 since 07 March 2024 and is currently estimated at $331,831, approximately $301 per square foot. This property was built in 1997. 700 W Van Buren St Unit 909 is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Chicago International Charter School.

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