Landlord's Agent in 2024
Alex Haried
Compass
(630) 308-0795
3 in this area
97 Total Sales
Van Buren Lofts 1224 W Van Buren St Unit 413 Chicago, IL 60607
West Loop NeighborhoodEstimated Value: $384,000 - $419,000
2
Beds
2
Baths
1,400
Sq Ft
0.82
Acres
Highlights
- Doorman
- 4-minute walk to Racine Station
- Lock-and-Leave Community
- Skinner Elementary School Rated A-
- Fitness Center
- Vaulted Ceiling
About This Home
As of June 2024This unit is a generous 1400 sqft corner loft style unit with 2 bedrooms and 2 full on-suite baths. Both bedrooms are fully enclosed. The living room's north wall consist entirely of windows, which lets in a ton of gentile light. The extremely tall 13FT ceilings make the property feel even larger then it actually is! The top of the line finishes include hardwood floors, cherry cabinets, granite counter tops and stainless appliances. The massive master suite has a huge walk-in closet providing tons of storage. There is also a fireplace, 2 private outdoor spaces, and an extra storage locker on the same floor as the unit. One, indoor heated garage space is $200 additional. You will have access to the building fitness room, media room, yoga studio. The rent INCLUDES WATER AND CABLE. This building is situated in the highly sought after Skinner school district. Also, this amazing unit is 1 block to the Blue Line L stop on Racine, with easy access to the expressway, walking distance to Fulton Market, Little Italy and everything that the west loop has to offer! Lease Start date of August 1st
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $7,338
Year Built
- Built in 1950 | Remodeled in 2007
Lot Details
- 0.82
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,400 Sq Ft Home
- Vaulted Ceiling
- Gas Log Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Property Available on 7/1/24
- Rent includes cable TV, water, parking, scavenger, security, doorman, exterior maintenance, lawn care, storage lockers, snow removal
- 12 Month Lease Term
Community Details
Overview
- 189 Units
- Elizabeth Kreider Association, Phone Number (312) 226-8130
- Property managed by VB Lofts
- Lock-and-Leave Community
- 8-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Party Room
- Elevator
- Service Elevator
Recreation
Pet Policy
- Pets up to 50 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2012
Closed on
Mar 21, 2013
Sold by
Mortellaro Ted and Baldwin Troy
Bought by
Egodawatte Niroshan
Seller's Agent
Todd MaClay
Dream Town Real Estate
Buyer's Agent
Alex Haried
Compass
List Price
$265,000
Sold Price
$265,000
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
$154,543
Avg. Annual Appreciation
3.78%
Original Mortgage
$198,750
Outstanding Balance
$142,874
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$276,669
Purchase Details
Closed on
Jul 2, 2007
Sold by
Vb 1224 Lofts Llc
Bought by
Mortellaro Ted and Baldwin Troy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,900
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Egodawatte Niroshan | -- | Heritage Title Company | |
| Mortellaro Ted | $369,500 | Git |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Egodawatte Niroshan | $198,750 | |
| Closed | Egodawatte Niroshan | $39,700 | |
| Previous Owner | Baldwin Troy A | $110,900 | |
| Previous Owner | Mortellaro Ted | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2024 06/19/24 | Rented | $3,400 | +6.3% | -- |
| 06/03/2024 06/03/24 | For Rent | $3,200 | 0.0% | -- |
| 04/19/2024 04/19/24 | Off Market | $3,200 | -- | -- |
| 04/18/2024 04/18/24 | For Rent | $3,200 | +6.7% | -- |
| 02/28/2023 02/28/23 | Rented | $3,000 | 0.0% | -- |
| 02/21/2023 02/21/23 | Under Contract | -- | -- | -- |
| 02/14/2023 02/14/23 | For Rent | $3,000 | +7.1% | -- |
| 09/14/2021 09/14/21 | Rented | -- | -- | -- |
| 08/27/2021 08/27/21 | For Rent | $2,800 | 0.0% | -- |
| 07/01/2020 07/01/20 | Rented | $2,800 | 0.0% | -- |
| 05/11/2020 05/11/20 | Off Market | $2,800 | -- | -- |
| 05/06/2020 05/06/20 | For Rent | $2,800 | +16.7% | -- |
| 09/25/2017 09/25/17 | Rented | $2,400 | 0.0% | -- |
| 09/19/2017 09/19/17 | Under Contract | -- | -- | -- |
| 09/15/2017 09/15/17 | Price Changed | $2,400 | -7.7% | $2 / Sq Ft |
| 08/16/2017 08/16/17 | Price Changed | $2,600 | -3.7% | $2 / Sq Ft |
| 08/08/2017 08/08/17 | Price Changed | $2,700 | -6.9% | $2 / Sq Ft |
| 07/27/2017 07/27/17 | Price Changed | $2,900 | -3.3% | $2 / Sq Ft |
| 07/18/2017 07/18/17 | For Rent | $3,000 | 0.0% | -- |
| 03/25/2013 03/25/13 | Sold | $265,000 | 0.0% | $189 / Sq Ft |
| 10/26/2012 10/26/12 | Pending | -- | -- | -- |
| 10/18/2012 10/18/12 | For Sale | $265,000 | 0.0% | $189 / Sq Ft |
| 07/11/2012 07/11/12 | Pending | -- | -- | -- |
| 06/21/2012 06/21/12 | Price Changed | $265,000 | 0.0% | $189 / Sq Ft |
| 06/21/2012 06/21/12 | For Sale | $265,000 | +6.4% | $189 / Sq Ft |
| 06/04/2012 06/04/12 | Pending | -- | -- | -- |
| 05/22/2012 05/22/12 | For Sale | $249,000 | 0.0% | $178 / Sq Ft |
| 03/20/2012 03/20/12 | Pending | -- | -- | -- |
| 03/14/2012 03/14/12 | For Sale | $249,000 | -- | $178 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,338 | $36,225 | $1,310 | $34,915 |
| 2023 | $7,153 | $34,662 | $719 | $33,943 |
| 2022 | $7,153 | $34,662 | $719 | $33,943 |
| 2021 | $6,993 | $34,661 | $718 | $33,943 |
| 2020 | $5,936 | $26,557 | $718 | $25,839 |
| 2019 | $5,859 | $29,065 | $718 | $28,347 |
| 2018 | $5,760 | $29,065 | $718 | $28,347 |
| 2017 | $5,436 | $25,167 | $634 | $24,533 |
| 2016 | $5,041 | $25,167 | $634 | $24,533 |
| 2015 | $4,612 | $25,167 | $634 | $24,533 |
| 2014 | $3,586 | $19,327 | $528 | $18,799 |
| 2013 | $3,515 | $19,327 | $528 | $18,799 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tenant's Agent in 2024
Genie Taddeo
Keller Williams Thrive
(847) 812-7400
50 Total Sales
-
Buyer's Agent in 2021
Marta Slobodyanyuk
Fulton Grace
(763) 439-8666
2 Total Sales
-
E
Seller's Agent in 2017
Ellen Phillips
Core Realty & Investments Inc.
1 in this area
9 Total Sales
-
Buyer's Agent in 2017
Ayushi Kukreja
@ Properties
(630) 825-4652
59 Total Sales
-
T
Seller's Agent in 2013
Todd MaClay
Dream Town Real Estate
About Van Buren Lofts
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12032736
APN: 17-17-117-045-1053
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