$465,000
SOLD JUN 24, 2022

701 W Jackson Blvd Unit 401 Chicago, IL 60661

West Loop Neighborhood
2 Beds
1.5 Baths
1,255 Sq Ft
$387/mo HOA Fee

Recently Sold

$371 Per Sq Ft

1 Day on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Chicago Union Station
  • Sundeck
  • Skinner Elementary School Rated A-
  • Corner Lot
  • 3-minute walk to Heritage Green Park

About This Home

As of June 2022

This home is located at 701 W Jackson Blvd Unit 401, Chicago, IL 60661 and is currently priced at $465,000, approximately $370 per square foot. This property was built in 1920. 701 W Jackson Blvd Unit 401 is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Chicago International Charter School.

Last Agent to Sell the Property

Jill Silverstein

Compass License #475167682 Listed on: 03/07/2022

Compass

Co-Listed By

Nicholas Linnen

Compass License #475190326

Last Buyer's Agent

Katie Hutchens

Jameson Sotheby's Intl Realty License #475150735

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,680

Year Built

  • Built in 1920

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,255 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, scavenger, internet
  • 46 Units
  • August Figliulo Association, Phone Number (312) 666-0149
  • Mid-Rise Condominium
  • Loft
  • Property managed by Hales Management
  • 6-Story Property

Amenities

  • Sundeck

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,680

Year Built

Built in 1920

Lot Details

0

HOA Fees

$387 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft,Mid Rise (4-6 Stories)
  • Year Built: 1920
  • 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: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors
  • LivingArea: 1255
  • Other Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 465000
  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 387
  • Association Amenities: Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hales Management
  • Management Contact Name: August Figliulo
  • Management Phone: 312-666-0149
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 5679.56
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jun 16, 2022
Sold by
Case Scott and Case Catrina
Bought by
Ramachandran Flash
Seller's Agent
Katie Hutchens
Jameson Sotheby's Intl Realty
Buyer's Agent
Tian Shuai
Fulton Grace Realty
Sold Price
$3,450
Current Estimated Value
$448,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,956
Avg. Annual Appreciation
-1.06%
Original Mortgage
$348,750
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 25, 2018
Sold by
Terlecky Natalie and Zimmer Paul
Bought by
Case Scott and Gorny Catrina
Seller's Agent
Miroslaw Czerkas
HomeSmart Connect LLC
Buyer's Agent
Mehdi Mova
Compass
List Price
$399,000
Sold Price
$400,250
Premium/Discount to List
$1,250
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$360,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2007
Sold by
Brown Jason E
Bought by
Terlecky Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2001
Sold by
Brown Jason E and Brown Lara L
Bought by
Brown Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.8%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Brown Nancy L
Bought by
Brown Jason C and Brown Lara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,631
Interest Rate
6.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 1997
Sold by
701 W Jackson Llc
Bought by
Brown Nancy L and Brown Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.54%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $465,000 Proper Title
Warranty Deed $400,500 Liberty Title & Escrow Co
Warranty Deed $350,000 Cti
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $117,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $348,750 New Conventional
Previous Owner $357,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $277,500 New Conventional
Previous Owner $285,500 Unknown
Previous Owner $289,900 Unknown
Previous Owner $291,200 Unknown
Previous Owner $36,400 Credit Line Revolving
Previous Owner $315,000 Unknown
Previous Owner $143,000 No Value Available
Previous Owner $140,631 Unknown
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Rented $3,450 +4.5% --
07/01/2022 07/01/22 For Rent $3,300 0.0% --
06/24/2022 06/24/22 Sold $465,000 0.0% $371 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $465,000 +16.2% $371 / Sq Ft
04/30/2018 04/30/18 Sold $400,250 +0.3% $319 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $399,000 0.0% $318 / Sq Ft
01/01/2016 01/01/16 Rented $2,600 0.0% --
12/29/2015 12/29/15 Under Contract -- -- --
12/17/2015 12/17/15 For Rent $2,600 -- --
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 $7,952 $39,466 $1,696 $37,770
2023 $7,752 $37,563 $930 $36,633
2022 $7,752 $37,563 $930 $36,633
2021 $7,578 $37,562 $930 $36,632
2020 $6,928 $30,995 $930 $30,065
2019 $6,838 $33,922 $930 $32,992
2018 $6,722 $33,922 $930 $32,992
2017 $6,125 $28,357 $820 $27,537
2016 $5,680 $28,357 $820 $27,537
2015 $5,196 $28,357 $820 $27,537
2014 $4,920 $26,517 $697 $25,820
2013 $4,823 $26,517 $697 $25,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11446247

Midwest Real Estate Data (MRED)

APN: 17-16-116-031-1026