NOT LISTED FOR SALE

701 W Jackson Blvd Unit 502 Chicago, IL 60661

West Loop Neighborhood

Estimated Value: $338,000 - $438,000

2 Beds
1 Bath
1,100 Sq Ft
$355/mo HOA Fee

Last Sold May 03, 2022

Last sale price $345,000 $314 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,060/month

13 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Chicago Union Station
  • Double Oven
  • Skinner Elementary School Rated A-
  • Elevator
  • 3-minute walk to Heritage Green Park

About This Home

As of May 2022

Prime West Loop Location for boutique timber loft building. Beautiful two-bedroom, one-bath home with exposed brick and 12' high timber ceilings for added volume. Hardwood floors & oversized windows. Well-appointed kitchen with granite countertops, KitchenAid stainless steel appliances includes double-oven. An abundance of in-unit storage including two organized walk-in closets! Laundry is side-by-side W/D, gas fireplace, balcony. Convenient to Loop, Greek Town Marianos & Whole Food, Fulton Market, D'Angelo Dog Park, Divvy Bike Station at the corner, Starbucks 500 W Jackson, and CTA UIC Blue Line stop. Garage parking and Webpass Internet included.

Last Agent to Sell the Property

Judi Newbold

Berkshire Hathaway HomeServices Chicago License #471006490 Listed on: 03/03/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Nichole Dinino

Redfin Corporation License #475150121

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,364

Year Built

  • Built in 1920

Lot Details

  • 0.28

HOA Fees

  • $355 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal, internet
  • 46 Units
  • Darius Mocuta Association, Phone Number (312) 275-5750
  • Property managed by Bundled Management | Pro Invest Realty LLC
  • 6-Story Property

Pet Policy

  • Pets up to 35 lbs
  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,364

Year Built

Built in 1920

Lot Details

0

HOA Fees

$355 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • 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: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1100
  • 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
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 359000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 355
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Bundled Management | Pro Invest Realty LLC
  • Management Contact Name: Darius Mocuta
  • Management Phone: 312-275-5750
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 6363.54
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 22, 2022
Sold by
Mark E Kelly Revocable Trust
Bought by
Adamerovich Zachguy and Morcuo Lucas
Seller's Agent
Judi Newbold
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Nichole Dinino
Redfin Corporation
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Current Estimated Value
$387,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,496
Avg. Annual Appreciation
3.56%
Original Mortgage
$310,500
Outstanding Balance
$294,061
Interest Rate
4.75%
Mortgage Type
Balloon
Estimated Equity
$93,435

Purchase Details

Closed on
Aug 2, 2018
Sold by
Kelly Mark and Kelly Adrienne
Bought by
Kelly Mark E and Mark E Kelly Revocable Trust

Purchase Details

Listed on
Dec 2, 2011
Closed on
Feb 4, 2012
Sold by
Caruso Bryan J and Caruso Stefanie
Bought by
Kelly Mark
Seller's Agent
Robert Kohler
Compass
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$196,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2004
Sold by
Callagy Brian
Bought by
Caruso Bryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 2000
Sold by
Mooney Timothy C and Slater Courtney L
Bought by
Callagy Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.87%

Purchase Details

Closed on
Jul 16, 1997
Sold by
701 W Jackson Llc
Bought by
Mooney Timothy C and Slater Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
7.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adamerovich Zachguy $345,000 None Listed On Document
Kelly Mark E -- None Available
Kelly Mark $245,000 Stewart Title Company
Caruso Bryan J $280,000 First American Title
Callagy Brian $225,000 Prairie Title
Mooney Timothy C $112,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamerovich Zachguy $310,500
Previous Owner Kelly Mark $183,000
Previous Owner Kelly Mark $196,000
Previous Owner Caruso Bryan J $214,350
Previous Owner Caruso Bryan J $224,000
Previous Owner Callagy Brian P $200,000
Previous Owner Callagy Brian $202,500
Previous Owner Mooney Timothy C $125,900
Closed Mooney Timothy C $31,481
Closed Caruso Bryan J $27,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $345,000 -3.9% $314 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $359,000 +46.5% $326 / Sq Ft
02/23/2012 02/23/12 Sold $245,000 +2.1% $223 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
12/02/2011 12/02/11 For Sale $239,900 -- $218 / 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 $7,325 $36,253 $1,558 $34,695
2023 $6,435 $34,599 $855 $33,744
2022 $6,435 $34,599 $855 $33,744
2021 $6,308 $34,598 $854 $33,744
2020 $6,364 $28,471 $854 $27,617
2019 $6,281 $31,160 $854 $30,306
2018 $6,175 $31,160 $854 $30,306
2017 $5,627 $26,049 $754 $25,295
2016 $5,217 $26,049 $754 $25,295
2015 $4,773 $26,049 $754 $25,295
2014 $4,519 $24,358 $640 $23,718
2013 $4,430 $24,358 $640 $23,718
Source: Public Records

Agents Affiliated with this Home

  • Judi Newbold

    Seller's Agent in 2022

    Judi Newbold

    Berkshire Hathaway HomeServices Chicago

    (312) 919-9992

    2 in this area

    20 Total Sales

    Judi Newbold
    Section Image

  • R

    Seller's Agent in 2012

    Robert Kohler

    Compass

    18 Total Sales

    Robert Kohler
    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Tom Bakritzes

    Compass

    (312) 371-8361

    3 in this area

    37 Total Sales

    Tom Bakritzes
    Section Image
  • Klopas Stratton Team

    Buyer's Agent in 2012

    Klopas Stratton Team

    Jameson Sotheby's Int'l Realty

    (312) 927-0334

    15 in this area

    615 Total Sales

    Klopas Stratton Team
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11337874

Midwest Real Estate Data (MRED)

APN: 17-16-116-031-1034

Illinois Cook County Chicago 60661 West Loop

701 W Jackson Blvd Unit 502, Chicago, IL

This home is located at 701 W Jackson Blvd Unit 502, Chicago, IL 60661 since 03 March 2022 and is currently estimated at $387,496, approximately $352 per square foot. This property was built in 1920. 701 W Jackson Blvd Unit 502 is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Chicago International Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes