NOT LISTED FOR SALE

901 W Madison St Unit 1015 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $395,000 - $452,000

1 Bed
1 Bath
-- Sq Ft
$503/mo HOA Fee

Last Sold May 25, 2021

Last sale price $390,000

Est. 8% increase in value since last sale

Current estimated payment $3,407/month

6 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Balcony
  • Skinner Elementary School Rated A-
  • Stainless Steel Appliances
  • 2-minute walk to Mary Bartelme Park

About This Home

As of May 2021

Top floor 1 bed, 1 bath in the heart of the West Loop! Sunny southwest corner, high ceilings with exposed duct work and wall of windows provides an abundance of natural light! Newer hardwood floors throughout the living areas and unit/ cabinets completely repainted. Open concept kitchen with stainless steel appliances, granite countertops, and island perfect for entertaining. Large bedroom comfortably fits a king-sized bed with built out walk-in closet and jack-and-jill bathroom. Bathroom includes shower/ tub combo with newer glass doors and linen closet. Large balcony overlooking the Mary Bartelme Park. Foyer can double as an office space. In-unit laundry and extra storage included. Very desirable building close to Mary Bartelme park with full amenities including door person, exercise room, common patio, dog run, bike room and party room. Fantastic West Loop location steps to Marianos, Whole Foods, Soho, Randolph St. and Fulton Market. Heated garage parking space additional $30K.

Last Agent to Sell the Property

Melanie Carlson

@properties Christie's International Real Estate License #475159474 Listed on: 03/31/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Kathy Hussey

Baird & Warner License #475133223

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,422

Year Built

  • 2007

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $503 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Concrete Siding

Interior Spaces

  • Ceiling height of 10 feet or more
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $504 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,422

Year Built

2007

Lot Details

0

HOA Fees

$503 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 10
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10
  • Year Built: 2007

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), 10' Ceiling
  • Number Of Rooms: 3
  • Living Room: Dimensions: 28X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Balcony, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 7X5, On Level: Main Level
  • Additional Room 2 Name: Walk in Closet, Dimensions: 5X5, On Level: Main Level
  • Additional Room 3 Name: Balcony, Dimensions: 14X5, On Level: Main Level
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Glass, Concrete
  • Exterior Property Features: Balcony
  • Exposure: S (South), W (West), City, Park

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 30000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, Party Room, Sundeck
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 503
  • Management Contact Name: Mickey Nikezic
  • Management Phone: 773-989-8000

Fee Information

  • Management Company: Realty Mortgage Co

Schools

  • School District: 299
  • Elementary School: Skinner Elementary School
  • Middle School: Skinner Elementary School
  • Junior High Dist: 299
  • Other Public School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17172070291047

Multi Family

  • Total Number Unitsin Building: 148
  • Number Stories: 10

Tax Info

  • Taxes: 6850.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 25, 2021
Sold by
Mauro Ralph and Fisher Gina
Bought by
Mckeown Thomas E
Seller's Agent
Melanie Carlson
@properties Christie's International Real Estate
Buyer's Agent
Kathy Hussey
Baird & Warner
List Price
$360,000
Sold Price
$390,000
Premium/Discount to List
$30,000
8.33%
Current Estimated Value
$419,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,366
Avg. Annual Appreciation
2.09%
Original Mortgage
$370,500
Outstanding Balance
$340,709
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$85,352

Purchase Details

Closed on
Feb 15, 2008
Sold by
901 Madison Development Llc
Bought by
Mauro Ralph and Fisher Gina
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 Buyer Sale Price Title Company
Mckeown Thomas E $390,000 Fidelity National Ttl Ins Co
Mauro Ralph $344,500 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeown Thomas E $370,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $390,000 +8.3% --
04/06/2021 04/06/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $360,000 -- --
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 $7,422 $37,616 $1,214 $36,402
2023 $7,920 $38,375 $666 $37,709
2022 $7,920 $38,375 $666 $37,709
2021 $7,070 $38,374 $665 $37,709
2020 $6,207 $30,875 $665 $30,210
2019 $6,121 $33,793 $665 $33,128
2018 $6,016 $33,793 $665 $33,128
2017 $4,571 $24,535 $587 $23,948
2016 $4,414 $24,535 $587 $23,948
2015 $4,015 $24,535 $587 $23,948
2014 $3,611 $22,031 $499 $21,532
2013 $3,529 $22,031 $499 $21,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11037780

Midwest Real Estate Data (MRED)

APN: 17-17-207-029-1147