Erik Schwab
Corcoran Urban Real Estate
(312) 957-7984
82 Total Sales
2 in Central Station
$423K - $845K Price Range
1502 S Prairie Ave Unit B Chicago, IL 60605
Central Station NeighborhoodEstimated Value: $560,000 - $591,613
2
Beds
2.5
Baths
1,500
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- Deck
- Stainless Steel Appliances
- Soaking Tub
- End Unit
- 1 Car Attached Garage
- 2-minute walk to Mark Twain Park
About This Home
As of November 2025Welcome to your move-in ready oasis in one of the South Loop's most coveted gated townhome communities! Be the envy of your neighbors living in this quiet, private courtyard-facing, two-story townhome with a massive end-unit patio. Phenomenal floor plan includes an open-concept living room with a custom wood-burning fireplace, updated kitchen with newer stainless appliances, custom island, and quartz counters. Rare layout with a powder room on the main level. Kitchen and living areas are flooded with natural light and lead to the patio with custom-designed pavers, rustic planters with arborvitae, and a hydrangea tree for privacy. This home has been substantially updated during the current owner's tenure, with all major mechanicals and appliances modernized. Spacious bedrooms on the 2nd level, both with updated en suite bathrooms. Newer in-unit laundry conveniently located on the 2nd level as well. Private 1-car garage + 1 exterior pad space included for a 2nd vehicle. High ceilings in the garage offer additional storage space. Steps to the Lake, Soldier Field, Museum Campus, three nearby parks, and Fred Anderson Dog Park. Easy access to LSD, 90/94, and red/orange/green EL lines. South Loop Elementary. Extremely pet- and kid-friendly, with 2 dog parks and a children's park just minutes away. Over $800,000 in reserves with recent community modernization projects completed. No upcoming specials, no rental restrictions.
Last Agent to Sell the Property
Baird & Warner License #475149718 Listed on: 08/20/2025
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,314
Year Built
- Built in 1998
Lot Details
- End Unit
HOA Fees
- $613 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Available
- Garage Door Opener
- Driveway
- On-Street Parking
- Parking Included in Price
- Assigned Parking
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Window Screens
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Soaking Tub
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Bathroom
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 88 Units
- Aida Association, Phone Number (312) 564-0400
- Property managed by The Building Group
Recreation
- Park
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2025
Closed on
Oct 31, 2025
Sold by
Jayaram Aswathi and Pasam Bharat
Bought by
Seller's Agent
Lindsey Richardson
Baird & Warner
Buyer's Agent
Leo Bui
LPT Realty LLC
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,294
Avg. Annual Appreciation
2.85%
Original Mortgage
$336,000
Outstanding Balance
$326,193
Interest Rate
5.49%
Mortgage Type
New Conventional
Estimated Equity
$246,710
Purchase Details
Listed on
Jan 7, 2021
Closed on
Apr 1, 2021
Sold by
Zech Brian T and Klanow Kristen C
Bought by
Jayaram Aswathi
Seller's Agent
Lindsey Richardson
Baird & Warner
Buyer's Agent
Leila Keene
Baird & Warner
List Price
$500,000
Sold Price
$492,000
Premium/Discount to List
-$8,000
-1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$492,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 31, 2014
Closed on
Oct 17, 2014
Sold by
Subramaniam Shankar and Balasubramanian Sandhya
Bought by
Zech Brian T and Klanow Kristen C
Seller's Agent
Lisa McMillan
Wolf Residential Group LLC
Buyer's Agent
Lisa McMillan
Wolf Residential Group LLC
List Price
$465,000
Sold Price
$425,000
Premium/Discount to List
-$40,000
-8.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$340,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 11, 2011
Sold by
Caleel George
Bought by
Subramaniam Shankar and Balasubramanian Sandhya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,250
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 6, 2011
Sold by
Caleel Ashley M
Bought by
Caleel George S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,250
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2008
Sold by
Bilow Norman J
Bought by
Caleel George and Caleel Ashley M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.66%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 5, 2004
Sold by
Mcghee Ondria T and Neblett Ondria T
Bought by
Bilow Norman J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
4.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 24, 1995
Sold by
Mcl Central Station Ltd Partnership
Bought by
Neblett Ondria T
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Station, IL
-
Erik Schwab
-
Tyler Stallings
Tyler Stallings
Corcoran Urban Real Estate
(513) 586-5876
128 Total Sales
2 in Central Station
$473K - $484K Price Range
-
Brian Behan
Brian Behan
@properties Christie's International Real Estate
(833) 418-3024
139 Total Sales
2 in Central Station
$286K - $540K Price Range
-
Roberto Montaño
Roberto Montaño
Engel & Voelkers Chicago
(866) 935-1853
51 Total Sales
2 in Central Station
$345K - $485K Price Range
-
Jennifer Barnes
Jennifer Barnes
@properties Christie's International Real Estate
(888) 372-1396
67 Total Sales
1 in Central Station
$600,000 Price
-
Diane Boese
Diane Boese
@properties Christie's International Real Estate
(708) 998-4377
52 Total Sales
1 in Central Station
$600,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $560,000 | Chicago Title | ||
| Jayaram Aswathi | $492,000 | Chicago Title | |
| Zech Brian T | $425,000 | St | |
| Subramaniam Shankar | $351,000 | Cti | |
| Caleel George S | -- | Cti | |
| Caleel George | $430,000 | Stewart Title Of Illinois | |
| Bilow Norman J | $367,000 | 1St American Title | |
| Neblett Ondria T | $207,000 | -- | |
| Neblett Ondria T | $207,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $336,000 | ||
| Previous Owner | Jayaram Aswathi | $492,000 | |
| Previous Owner | Zech Brian T | $310,000 | |
| Previous Owner | Zech Brian T | $340,000 | |
| Previous Owner | Subramaniam Shankar | $263,250 | |
| Previous Owner | Caleel George S | $279,000 | |
| Previous Owner | Caleel George | $280,000 | |
| Previous Owner | Bilow Norman J | $293,600 | |
| Previous Owner | Mcghee Ondria T | $100,000 | |
| Previous Owner | Mcghee Kenneth | $140,350 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | Sold | $560,000 | -0.9% | $373 / Sq Ft | |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- | |
| 09/26/2025 09/26/25 | Price Changed | $565,000 | -1.7% | $377 / Sq Ft | |
| 08/20/2025 08/20/25 | For Sale | $575,000 | +16.9% | $383 / Sq Ft | |
| 04/01/2021 04/01/21 | Sold | $492,000 | -1.6% | $328 / Sq Ft | View Prior Sale |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- | |
| 01/07/2021 01/07/21 | For Sale | $500,000 | -- | $333 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,315 | $48,599 | $25,906 | $22,693 |
| 2024 | $7,315 | $48,599 | $25,906 | $22,693 |
| 2023 | $7,108 | $37,872 | $20,856 | $17,016 |
| 2022 | $7,108 | $37,872 | $20,856 | $17,016 |
| 2021 | $6,967 | $37,871 | $20,856 | $17,015 |
| 2020 | $6,922 | $34,173 | $15,367 | $18,806 |
| 2019 | $7,452 | $37,092 | $15,367 | $21,725 |
| 2018 | $7,327 | $37,092 | $15,367 | $21,725 |
| 2017 | $8,104 | $37,647 | $12,623 | $25,024 |
| 2016 | $7,540 | $37,647 | $12,623 | $25,024 |
| 2015 | $6,899 | $37,647 | $12,623 | $25,024 |
| 2014 | $5,352 | $28,843 | $11,662 | $17,181 |
| 2013 | $5,246 | $28,843 | $11,662 | $17,181 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Richardson
LR
Seller's Agent in 2025
Lindsey Richardson
Baird & Warner
(312) 890-8777
18 in this area
106 Total Sales
-
Leo Bui
Buyer's Agent in 2025
Leo Bui
LPT Realty LLC
(630) 407-7552
1 in this area
175 Total Sales
-
Leila Keene
Buyer's Agent in 2021
Leila Keene
Baird Warner
(312) 953-6161
53 Total Sales
-
Lisa McMillan
Seller's Agent in 2014
Lisa McMillan
Wolf Residential Group LLC
(312) 399-9931
4 in this area
38 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12445551
APN: 17-22-109-138-1056
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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