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1720 S Michigan Avenue #401, Chicago, IL 60616
$410,000
1720 S Michigan Avenue #401, Chicago, IL 60616View this property at 1720 S Michigan Avenue #401, Chicago, IL 60616
1720 S Michigan Avenue #401ChicagoIL60616
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Property Description
The entranceway opens to soaring 10' ceilings. Every room has floor to ceiling windows providing incredible natural light! The raw concrete ceilings and some accent walls add modern, industrial solid design elements contrasting with expansive floor to ceiling glass windows. This exceptional 3-bedroom condo features a rare 314 sq./ft. wrap-around terrace facing the north downtown skyline and east-- one of only 7 units in the building to have this much outdoor space! Modern kitchen features east facing floor to ceiling window, 42" cabinetry, granite counters, Frigidaire and Samsung stainless steel appliances along with a custom backsplash. Living room/dining space has floor to ceiling windows on north and east walls and features access to the spacious private wrap around terrace. Ideal for entertaining! Primary bedroom suite with walk in California closet, carpeting, spacious bath features dual vanity and deep soaking tub and floor to ceiling east facing window. Both additional bedrooms feature organized California closets and floor to ceiling north facing windows, carpeting. Hardwood in living areas, LED lighting, solid core doors & custom floor to ceiling treatments throughout. Prime heated parking space included!! AND a fantastic California organized in unit storage room with an oversized side by side Whirlpool washer and dryer. Building features 24 hour door staff, on-site management, gourmet market, dog run, receiving room and bike room. Easy access to I 90-94, I-55 and LSD, CTA red and green line. Dog park, playgrounds, Northerly Island, museums, Lake Michigan, Grant Park, restaurants . Investor friendly building! This condo qualifies for IHDA lending with an income max of $132,360 and debt to income ratio of 50% and a credit score minimum of 640. This program gives $6K at 0% for a 5 year forgivable loan as a second mortgage and a lower interest rate.
Full Property Details
Full Property Details for 1720 S Michigan Ave #401
General
- Sold For: $410,000
- HOA FEE: $836/month
- Taxes: $8,617 (2021)
- Status: Closed
- Type: Condo
- MLS ID: 11739461
- Added to Site: 415 day(s) ago
Interior
- Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 10 Foot, Some Carpeting, Some Window Treatmnt, Doorman, Lobby, Shops, Some Wall-To-Wall Cp
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Commissary, Elevator(s), On-Site Manager/Engineer, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
- Equipment: Fire Sprinklers, Carbon Monoxide Detectors
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony, Storms/Screens, End Unit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Garage
- Garage Description: Garage Door Opener(s), Transmitter(s), Heated
Location
- Area: CHI - Near South Side
- County: Cook
- Driving Directions: Conveniently located on Michigan Ave. just north of 18th St. Close to all public transportation.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: South Loop Elementary School
- Middle School: South Loop Elementary School
- High School: Phillips Academy High School
- Private School: Phillips Academy High School
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Other
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Deposit Required, Dogs OK, Number Limit
- Mgmt. Company: Community Specialists
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Electric
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Condo/Loft, High-Rise (7 or More Stories)
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Stories/Levels: 33
- Square Feet: 1,391
- Sq. Ft. Source: Builder
- Year Built: 2006
Unit Information
- Units in Building: 498
- Unit Floor in Bldg.: 4
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $836
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2006
- Tax Amount: $8,617.64
- Tax Year: 2021
Disclosures and Reports
- Ownership: Condo
- Property ID: 17223010701017
Listed by Baird & Warner
Sold by Redfin Corporation
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Schools
Schools serving 1720 S Michigan Ave #401
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1212 S Plymouth Ct, Chicago, IL 60605 | PK-8 | 0.6 mi | |
244 E Pershing Rd, Chicago, IL 60653 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1720 S Michigan Ave #401
Date
Details
Price
Change
Source
1/26/2024
Sold
$410,000
-3.51%
MLS
10/10/2023
Price Reduced
$424,900
-4.5%
MLS
9/29/2023
Price Reduced
$444,900
-1.11%
MLS
7/07/2023
Price Reduced
$449,900
-5.26%
MLS
6/06/2023
Price Reduced
$474,900
-4.83%
MLS
4/14/2023
Price Reduced
$499,000
-5.67%
MLS
3/17/2023
Listed
$529,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1720 S Michigan Avenue #401, Chicago, IL 60616 (MLS# 11739461) is a Condo property that was sold at $410,000 on January 26, 2024. Want to learn more about 1720 S Michigan Avenue #401? Do you have questions about finding other Condo real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.