NOT LISTED FOR SALE

901 W Madison St Unit 821 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $398,000 - $543,000

1 Bed
1 Bath
-- Sq Ft
$483/mo HOA Fee

Last Sold June 24, 2021

Last sale price $385,000

Est. 16% increase in value since last sale

Current estimated payment $3,592/month

23 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Party Room
  • Skinner Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Mary Bartelme Park

About This Home

As of June 2021

Renovated Sleek One-Bedroom Condo With Prime West Loop Location! A luminous West Loop condo boasting elegant finishes and a thoughtful open layout with lofted ceilings and expansive windows. This 1 Bedroom/1 Bathroom condominium is a portrait of contemporary West Loop living. Features of the condo include gorgeous Carlisle wide plank solid hickory floors, white waterfall quartz kitchen island and countertop, oversized windows with sleek treatments, modern track light by Lightology with Lutron Caseta smart controls, Nest controlled central heating and cooling, a convenient new (2020) in-unit washer/dryer from GE and a private balcony. All appliances are GE Profile Stainless Steel. Past a functional entry space adorned with a coat closet, the home flows into an open-concept living room, dining room, and kitchen. The living area leads out onto a balcony that overlooks a private courtyard and dog run. The master bedroom features wide plank hardwood floors, high ceilings, modern fixtures, and a custom walk-in closet with built-ins. Location provides convenient proximity to Whole Foods, Marianos, Soho House, restaurants on Randolph and trendy boutiques. Prime Garage Parking Available for 30k. Building Offers Massive Gym, Dog Run, Party Room, Sun Deck, Bike Storage, and Door Staff. Assessments include Heat, Gas, Cable, Water, & Internet.

Last Listed By

Prashanth Pathy

Compass License #475129926 Listed on: 05/14/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,177

Year Built

  • Built in 2007 | Remodeled in 2021

Lot Details

  • Dog Run
  • Additional Parcels

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 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

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 148 Units
  • Mickey Nikezic Association, Phone Number (773) 989-8000
  • Property managed by Realty Mortgage Co
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Pet Size Limit
  • Dogs Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,177

Year Built

Built in 2007 | Remodeled in 2021

Lot Details

0

HOA Fees

$483 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 8
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Walk In Closet
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Dog Run, Storms/Screens
  • List Price: 375000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

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

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Dogs OK, Size Limit
  • Association Fee: 483
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Realty Mortgage Co
  • Management Contact Name: Mickey Nikezic
  • Management Phone: 773-989-8000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 7176.94
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 148

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 18, 2021
Sold by
Phillip Mark A
Bought by
Francis John
Seller's Agent
Prashanth Pathy
Compass
Buyer's Agent
Christopher Gaggero
@properties Christie's International Real Estate
List Price
$385,000
Sold Price
$385,000
Total Days on Market
23
Current Estimated Value
$445,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,090
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
May 2, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Phillip Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 23, 2015
Sold by
Forero Janet and Forero David
Bought by
Chicago Title Land Trust Company and Trust #8002368130
Seller's Agent
Quin Puryear
Elevated Realty LLC
Buyer's Agent
Christopher Doyle
Jameson Sotheby's Intl Realty
List Price
$318,500
Sold Price
$315,000
Premium/Discount to List
-$3,500
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$236,250
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
901 Madison Development Llc
Bought by
Hong Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.76%
Mortgage Type
Unknown

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
Francis John $385,000 Chicago Title
Phillip Mark -- Chicago Title
Chicago Title Land Trust Company $315,000 Attorney
Hong Janet $339,500 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillip Mark $228,000
Previous Owner Chicago Title Land Trust Company $236,250
Previous Owner Hong Janet $269,300
Previous Owner Hong Janet $271,200
Previous Owner Hong Janet $33,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $385,000 +2.7% --
06/06/2021 06/06/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $375,000 -2.6% --
05/14/2021 05/14/21 For Sale $385,000 +22.2% --
05/29/2015 05/29/15 Sold $315,000 -1.1% --
04/11/2015 04/11/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $318,500 -- --
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 $7,496 $36,037 $1,149 $34,888
2023 $7,496 $36,319 $630 $35,689
2022 $7,496 $36,319 $630 $35,689
2021 $7,327 $36,319 $630 $35,689
2020 $6,531 $29,221 $630 $28,591
2019 $6,447 $31,983 $630 $31,353
2018 $6,338 $31,983 $630 $31,353
2017 $5,016 $23,221 $556 $22,665
2016 $4,651 $23,221 $556 $22,665
2015 $4,255 $23,221 $556 $22,665
2014 $3,869 $20,850 $472 $20,378
2013 $3,792 $20,850 $472 $20,378
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11088390

Midwest Real Estate Data (MRED)

APN: 17-17-207-029-1109