$460,000
SOLD NOV 4, 2024
2 Beds
2 Baths
1,510 Sq Ft
$627/mo HOA Fee

Recently Sold

$305 Per Sq Ft

10% Below List Price

46 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Roosevelt Station (Green, Orange Lines)
  • Lock-and-Leave Community
  • Fitness Center
  • Waterfront
  • 5-minute walk to Dearborn Park

About This Home

As of November 2024

Spacious unit, with Sunny East Views, 2 bedrooms with 2 bathrooms and 10 ft. ceilings heights. both bedrooms are suite, Fireplace with White Marble surround, All window ledges are Marble. Hardwood Floors, Kitchen with Pennisula Island, Seats 4, Double upper cabinetry, Lower cabinetry with built-ins and waste pull out cabinet, Sun Room with granite flooring and custom lighting, Laundry room with New full size Maytag washer/Dryer, Sink and additional cabinetry, Building includes: Exercise room, Lobby, Sitting area with Wifi, Assessment includes, Heat, A/C, Water, Garbage & Basic cable, Maintance, Doorman, and Management company on site. Elevator Building. Beautiful Full length blinds in each room Extra large storage unit, Gutted 2018 New HVAC, Water Line, Water Shut off for unit, 2 New Bathrooms, Newer Blinds, New Cabinetry/quartez countertops, LG appliances, New Maytag Washer and Dryer, Each bedroom is a suite, newer Carpeting, Hardwood floors stained and refinished, Fireplace with marble surround and new gas starter and logs, Walk in closets with Container store rack system. Frosted Sliding glass doors from 2nd bedroom to Living room. Views of Grant Park, Soldier Fields, Aquarium, Planetarium and Michigan Ave close to Columbia & Roosevelt University, Well Maintained, Newer LG stainless steel appliances 2018, carpeting cleaned, freshly painted. Too many news to list. Must see to enjoy this rehabbed unit! Storage closet, Pace Bus, Jewel, Whole Foods, Marianos all near by, Red line, I55, easy access to highways! Move in ready!

Last Agent to Sell the Property

Rebecca Singh

HomeSmart Realty Group License #475130496 Listed on: 08/05/2024

HomeSmart Realty Group

Co-Listed By

Ada Ramirez

HomeSmart Realty Group License #475166392

Last Buyer's Agent

Larissa Brodsky

Compass License #475127933

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1911 | Remodeled in 2017

Lot Details

  • Waterfront

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Asphalt Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,510 Sq Ft Home
  • Ceiling Fan
  • Heatilator
  • Includes Fireplace Accessories
  • Stubbed Gas Line For Fireplace
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • South Loop Elementary School
  • Phillips Academy High School

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 262 Units
  • Fate Sivac Association, Phone Number (312) 362-1790
  • Michigan Avenue Lofts Subdivision
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 20-Story Property

Amenities

  • Doorman
  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Pets up to 75 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,823

Year Built

Built in 1911 | Remodeled in 2017

Lot Details

0

HOA Fees

$627 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Michigan Avenue Lofts
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter, Heatilator, Includes Accessories, Stubbed in Gas Line
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors
  • LivingArea: 1510
  • Other Equipment: Humidifier, TV-Cable, Ceiling Fan(s)
  • Room Type: Sun Room
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Cable Access
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • List Price: 512000
  • Lot Features: Water View
  • Roof: Asphalt, Rubber, Tar and Gravel
  • Waterfront: Yes
  • Exterior Building Type: Brick,Marble/Granite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • 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
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 627
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Fate Sivac
  • Management Phone: 312-362-1790
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 6823
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 30, 2024
Sold by
Singh Rebecca and Singh Amarjit
Bought by
Androsyuk Valentyna and Androsyuk Viktor
Seller's Agent
Rebecca Singh
HomeSmart Realty Group
Buyer's Agent
Larissa Brodsky
Compass
List Price
$512,000
Sold Price
$460,000
Premium/Discount to List
-$52,000
-10.16%
Views
42
Current Estimated Value
$463,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,549
Avg. Annual Appreciation
0.07%

Purchase Details

Closed on
Apr 2, 1999
Sold by
Chicago Title Land Trust Company
Bought by
Singh Amarjit and Singh Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.43%
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 $460,000 None Listed On Document
Warranty Deed $460,000 None Listed On Document
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Previous Owner $119,500 New Conventional
Previous Owner $264,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $273,500 Unknown
Previous Owner $275,000 Unknown
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $460,000 -10.2% $305 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $512,000 0.0% $339 / Sq Ft
12/01/2017 12/01/17 Rented $2,550 0.0% --
09/23/2017 09/23/17 Under Contract -- -- --
09/20/2017 09/20/17 Price Changed $2,550 -5.6% $2 / Sq Ft
08/28/2017 08/28/17 For Rent $2,700 +14.9% --
07/03/2015 07/03/15 Rented $2,350 +6.8% --
06/16/2015 06/16/15 Under Contract -- -- --
06/05/2015 06/05/15 For Rent $2,200 -- --
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 $7,000 $33,449 $2,064 $31,385
2023 $6,823 $33,069 $1,689 $31,380
2022 $6,823 $33,069 $1,689 $31,380
2021 $6,712 $33,277 $1,689 $31,588
2020 $6,710 $30,123 $1,507 $28,616
2019 $5,902 $32,807 $1,507 $31,300
2018 $5,802 $32,807 $1,507 $31,300
2017 $5,686 $29,788 $1,247 $28,541
2016 $5,466 $29,788 $1,247 $28,541
2015 $4,978 $29,788 $1,247 $28,541
2014 $4,045 $24,368 $1,149 $23,219
2013 $3,954 $24,368 $1,149 $23,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12118354

Midwest Real Estate Data (MRED)

APN: 17-15-307-036-1002