NOT LISTED FOR SALE

Estimated Value: $252,700 - $274,000

1 Bed
1 Bath
725 Sq Ft
$672/mo HOA Fee

Last Sold September 27, 2023

Last sale price $227,000 $313 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,504/month

16 Days on Market

Highlights

  • Doorman
  • 4-minute walk to State/Lake Station (Downtown Loop)
  • Lock-and-Leave Community
  • Fitness Center
  • Waterfront
  • Party Room

About This Home

As of September 2023

This lovely 1 Bedroom in landmarked Marina City has much to offer. Sought after tier on the 35TH floor with lots of natural light and great views! Two large closets provide ample storage as well as a storage locker. Glass balcony doors lead to stunning South & West views from both large balconies. Wonderful neighborhood grocery/convenience store in lobby of building. Great location with easy access to transportation, Red, Blue, Orange, Green, Brown lines just two blocks away. Lake Michigan, State Street shopping, the Magnificent Mile, restaurants, the House of Blues, the River Walk and more. Perfect as a home, rental investment, or pied-a-terre. Washer and dryer installation allowed. Laundry room and workout room on 20th floor. Rental parking in the building available. Zip Cars available onsite. Assessments include cable TV and internet.

Last Listed By

Steven Johnson

Jameson Sotheby's Intl Realty License #475155838 Listed on: 08/16/2023

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1962

Lot Details

  • Waterfront

HOA Fees

  • $672 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Leased Parking

Interior Spaces

  • 725 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 896 Units
  • Lupe Association, Phone Number (312) 644-1187
  • Marina Towers Subdivision
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 60-Story Property

Amenities

  • Doorman
  • Sundeck
  • Building Patio
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Convenience Store

Recreation

  • Bike Trail

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,558

Year Built

Built in 1962

Lot Details

0

HOA Fees

$672 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: Marina Towers
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 35
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 60

Interior Features

  • Appliances: Range
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 725
  • Room Type: No additional rooms
  • Stories Total: 60
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 235000
  • Waterfront: Yes
  • Exterior Building Type: Brick,Block,Glass,Stone,Concrete

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 672
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Laundry, Patio
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Lupe
  • Management Phone: 312-644-1187X9
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 250
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 4558.45
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 27, 2023
Sold by
Daniel E Gucker Revocable Living Trust
Bought by
Lai Hsiao-Ching and Chang Megan
Seller's Agent
Steven Johnson
Jameson Sotheby's Intl Realty
Buyer's Agent
Michael Michalak
RE/MAX 10 Lincoln Park
List Price
$235,000
Sold Price
$227,000
Premium/Discount to List
-$8,000
-3.4%
Total Days on Market
16
Views
149
Current Estimated Value
$259,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,425
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Mar 31, 2023
Sold by
Gucker Daniel Eugene
Bought by
Gucker Hans G

Purchase Details

Closed on
Mar 24, 2023
Sold by
Gucker Daniel Eugene
Bought by
Gucker Hans G

Purchase Details

Closed on
Jul 22, 2022
Sold by
Buckalew Robert
Bought by
Gucker Daniel E

Purchase Details

Closed on
Jul 15, 2022
Sold by
Robert Buckalew
Bought by
Gucker Daniel E

Purchase Details

Closed on
Aug 6, 1998
Sold by
Corn Milton W
Bought by
Gucker Daniel E and Buckalew Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 1997
Sold by
Lasalle National Bank
Bought by
Corn Milton W

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
Lai Hsiao-Ching $227,000 None Listed On Document
Gucker Daniel E $107,000 Professional National Title
Corn Milton W $56,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gucker Daniel E $114,000
Previous Owner Gucker Daniel E $127,276
Previous Owner Gucker Daniel E $16,000
Previous Owner Gucker Daniel E $125,000
Previous Owner Gucker Daniel E $104,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $227,000 -3.4% $313 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $235,000 -- $324 / Sq Ft
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 $4,644 $26,985 $3,807 $23,178
2023 $4,644 $26,000 $3,074 $22,926
2022 $4,644 $26,000 $3,074 $22,926
2021 $4,558 $25,999 $3,074 $22,925
2020 $3,904 $20,625 $2,368 $18,257
2019 $3,810 $22,391 $2,368 $20,023
2018 $3,744 $22,391 $2,368 $20,023
2017 $3,897 $21,479 $2,017 $19,462
2016 $3,802 $21,479 $2,017 $19,462
2015 $3,455 $21,479 $2,017 $19,462
2014 $3,061 $19,065 $1,309 $17,756
2013 $2,989 $19,065 $1,309 $17,756
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11861387

Midwest Real Estate Data (MRED)

APN: 17-09-410-014-1696