$340,000
SOLD NOV 12, 2024
1 Bed
1 Bath
-- Sq Ft
$459/mo HOA Fee

Recently Sold

6% Below List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Elevator
  • Skinner Elementary School Rated A-
  • Den
  • 3-minute walk to Mary Bartelme Park

About This Home

As of November 2024

Location Location Location. This preferred east facing 1 bed/1 bath plus den loft features wonderful city views, granite counter-tops, maple cabinets, hardwood floors, 12' concrete ceilings, a gas fireplace, exposed duct work, tons of great natural light, private balcony with city views off living room and in unit washer/ dryer. 1 Garage parking included in the price. This is a great opportunity to live in the Olympia Lofts just steps from Restaurant row on Randolph St, Mary Bartleme Park, Mariano's, Whole Foods, highways, and public transportation and so much that the West Loop offers.

Last Agent to Sell the Property

Chris Bauer

Compass License #475135260 Listed on: 09/03/2024

Compass

Co-Listed By

Patrick Natale

Compass License #475149708

Last Buyer's Agent

Michael Kang

Coldwell Banker Realty License #475163662

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,209

Year Built

  • Built in 1906

HOA Fees

  • $459 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

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, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 66 Units
  • Neal Shamis Association, Phone Number (312) 475-9400
  • Property managed by Advantage Management
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,209

Year Built

Built in 1906

Lot Details

0

HOA Fees

$459 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: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, Laundry Hook-Up in Unit
  • Room Type: Den, Balcony/Porch/Lanai, Foyer
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 360000
  • Waterfront: No
  • Exterior Building Type: Brick

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
  • 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: 459
  • Association Amenities: Bike Room/Bike Trails, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Advantage Management
  • Management Contact Name: Neal Shamis
  • Management Phone: 312-475-9400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6209.29
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Nov 4, 2024
Sold by
Kataria Sanjay
Bought by
Kim Leah
Seller's Agent
Chris Bauer
Compass
Buyer's Agent
Michael Kang
Coldwell Banker Realty
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Views
14
Current Estimated Value
$356,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,027
Avg. Annual Appreciation
5.19%
Original Mortgage
$320,015
Outstanding Balance
$317,216
Interest Rate
6.8%
Mortgage Type
New Conventional
Estimated Equity
$38,811

Purchase Details

Closed on
Jan 22, 2002
Sold by
Kataria Meera C
Bought by
Kataria Brahm and Kataria Sanjay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.93%
Mortgage Type
Balloon
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 Type Sale Price Title Company
Warranty Deed $340,000 Fidelity National Title
Warranty Deed $340,000 Fidelity National Title
Interfamily Deed Transfer $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,015 New Conventional
Closed $320,015 New Conventional
Previous Owner $100,000 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $340,000 -5.6% --
09/12/2024 09/12/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $360,000 0.0% --
02/08/2023 02/08/23 Rented $2,300 0.0% --
01/05/2023 01/05/23 Under Contract -- -- --
12/28/2022 12/28/22 Price Changed $2,300 -8.0% --
12/06/2022 12/06/22 For Rent $2,500 -- --
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 $6,209 $33,595 $1,375 $32,220
2023 $6,031 $32,645 $754 $31,891
2022 $6,031 $32,645 $754 $31,891
2021 $5,914 $32,644 $754 $31,890
2020 $5,338 $26,983 $754 $26,229
2019 $5,261 $29,530 $754 $28,776
2018 $5,171 $29,530 $754 $28,776
2017 $4,204 $22,839 $665 $22,174
2016 $4,074 $22,839 $665 $22,174
2015 $3,704 $22,839 $665 $22,174
2014 $2,590 $16,529 $565 $15,964
2013 $2,528 $16,529 $565 $15,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12153224

Midwest Real Estate Data (MRED)

APN: 17-17-221-014-1023