NOT LISTED FOR SALE

901 W Madison St Unit 1011 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $595,000 - $650,243

2 Beds
2 Baths
-- Sq Ft
$824/mo HOA Fee

Last Sold March 20, 2024

Last sale price $635,000

Est. 2% decrease in value since last sale

Current estimated payment $5,069/month

2 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Home Office
  • Skinner Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Mary Bartelme Park

About This Home

As of March 2024

Stunning West Loop 2 bed + den/ 2 baths (BOTH UPDATED!) corner penthouse on the top floor with floor-to-ceiling windows and fabulous NE views of the city. Located on one of the best blocks in the heart of West Loop, this unit will not disappoint! Gorgeous kitchen offers extra large breakfast bar, cabinet space galore, granite counters, & SS appliances. Fully enclosed split bedroom floor plan. Large primary suite easily accommodates a King size bed set and has ample upgraded closet space. The ensuite bathroom has been recently renovated with designer finishes. This smart floor plan includes a den that is the perfect solution to the ever coveted "work from home" space. Second bathroom has also been recently renovated! Additional unit highlights include hardwood floors in living areas, updated lighting, and NEW washer/dryer. Large east facing balcony right off the living room with an amazing city view perfect for relaxing or hosting. Tons of storage, including an additional storage locker. Very desirable building (est 2006) offers low assessments that include heat/water/cable/internet/updated gym, very strong reserves, investor friendly, plus great amenities (door staff, sky lounge, 2 rooftops with community lounge chairs & grills, dog run, & bike racks). Indoor garage parking space with ideal location is an additional $30k. You will LOVE this West Loop location with a very short walk to everything- top rated Skinner school district, Mary Bartelme Park, Restaurant Row on Randolph, grocery stores, & everything Fulton Market has to offer!

Last Agent to Sell the Property

Melanie Carlson

@properties Christie's International Real Estate License #475159474 Listed on: 02/01/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Mark Icuss

Compass License #475123406

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,298

Year Built

  • Built in 2006

Lot Details

  • 0.8

HOA Fees

  • $824 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Interior Spaces

  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Skinner Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 148 Units
  • Stephen Ragalie Association, Phone Number (773) 989-8000
  • Property managed by Realty & Mortgage
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,298

Year Built

Built in 2006

Lot Details

0

HOA Fees

$824 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
  • Year Built: 2006
  • Age: 16-20 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: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Room Type: Balcony/Porch/Lanai, Foyer, Office
  • Stories Total: 10
  • 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

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • 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, Deposit Required, Dogs OK, Number Limit
  • Association Fee: 824
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Party Room, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Realty & Mortgage
  • Management Contact Name: Stephen Ragalie
  • Management Phone: 773-989-8000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Skinner Elementary School

Lot Info

  • Additional Parcels: Yes
  • 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: 999

Tax Info

  • Tax Annual Amount: 12298.19
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 14, 2024
Sold by
Amy J Schubin Living Trust and Schubin Amy J
Bought by
Kristek Caroline Nicole
Seller's Agent
Melanie Carlson
@properties Christie's International Real Estate
Buyer's Agent
Mark Icuss
Compass
List Price
$590,000
Sold Price
$635,000
Premium/Discount to List
$45,000
7.63%
Views
14
Current Estimated Value
$624,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,939
Avg. Annual Appreciation
-1.07%
Original Mortgage
$539,750
Outstanding Balance
$532,231
Interest Rate
7.56%
Mortgage Type
New Conventional
Estimated Equity
$91,830

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 23, 2021
Sold by
Artinian Nancy
Bought by
Schubin Amy J and The Amy J Schubin Living Trust
Seller's Agent
Karen Schwartz
Baird & Warner
Buyer's Agent
Lyn Harvie
Baird & Warner
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$265,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2007
Sold by
Fot Residences Ii Llc
Bought by
Trygar Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Kristek Caroline Nicole $635,000 Proper Title
Schubin Amy J $525,000 --
Schubin Amy J $525,000 --
Trygar Michael B $530,500 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kristek Caroline Nicole $539,750
Previous Owner Schubin Amy J $265,000
Previous Owner Trygar Michael B $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2024 03/20/24 Sold $635,000 +7.6% --
02/04/2024 02/04/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $590,000 +12.4% --
12/06/2021 12/06/21 Sold $525,000 -4.5% -- View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $550,000 -- --
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 $11,751 $54,409 $1,756 $52,653
2023 $11,456 $55,507 $963 $54,544
2022 $11,456 $55,507 $963 $54,544
2021 $10,527 $55,506 $963 $54,543
2020 $9,289 $44,660 $963 $43,697
2019 $9,162 $48,881 $963 $47,918
2018 $9,006 $48,881 $963 $47,918
2017 $6,937 $35,488 $849 $34,639
2016 $6,608 $35,488 $849 $34,639
2015 $6,022 $35,488 $849 $34,639
2014 $5,436 $31,866 $722 $31,144
2013 $5,317 $31,866 $722 $31,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11970848

Midwest Real Estate Data (MRED)

APN: 17-17-207-029-1143