1525 S Michigan Ave APT 314, Chicago, IL 60605

1 bed1 bath780 sqft

Sold: $228,000
Sold on 01/23/14
Zestimate®: $234,493
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Unbelievable Value in the South Loop! Spacious Brick and Timber loft Overlooking Michigan Ave with Parking Included! High Ceilings, Hardwood Floors, Granite Countertops, SS Appliances, Large Laundry room, and Woodburning Fireplace. Building has Rooftop deck with Fantastic Skyline Views. Right in the Heart of the South Loop Near Restaurants, Nightlife, and Public Transportation.

Facts

  • Condo
  • Built in 1928
  • Cooling: Central
  • Heating: Forced air
  • Laundry: In Unit
  • Parking: Garage - Attached, 1 space
  • Last sold: Jan 2014 for $228,000
  • Price/sqft: $292

Features

  • Ceiling Fan
  • Fireplace
  • Flooring: Carpet, Hardwood, Tile

Appliances Included

  • Dishwasher
  • Dryer
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room
  • Family room

Construction

  • Exterior material: Brick, Cement concrete
  • Roof type: Other
  • Room count: 3
  • Structure type: Loft
  • Unit count: 1

Other

  • Floor size: 780 sqft
  • Heating: Gas
  • Parcel #: 17221080791039
  • Zillow Home ID: 54539886

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$234,493
-$1,360 Last 30 days
$216K
$253K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,748/mo
-$28 Last 30 days
$1.5K
$2.2K
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Popularity on Zillow

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150 forecasted views of this home
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Comparable Homes

Homes like this sold for $213-255K.

$180K
$290K

Home Expenses

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Neighborhood

Market guide

Zillow predicts South Loop home values will fall 2% next year, compared to a 0.4% decrease for Chicago as a whole. Among South Loop homes, this home is valued 19.4% more than the midpoint (median) home, and is valued 16.3% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In South Loop, the number of foreclosures waiting to be sold is 1.7% higher than in Chicago, and 138.9% higher than the national average. This higher local number may prevent South Loop home values from rising as quickly as other regions in Chicago.

Learn more about forecast calculations or South Loop home values.
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    For Sale

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    Rentals

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    Other Units in this Building (55)ZestimateBedsBathsSqft
    Apt 112$217K21750
    Apt 205$149K211,000
    Apt 303$256K11871
    Apt 212$227K11950
    Apt 209$338K221,200
    Apt 101$338K2----
    Apt 102$247K111,000
    Apt 103$250K11--
    Apt 104$248K11975
    Apt 105$304K221,450
    Apt 106$318K------
    Apt 107$234K111,000
    Apt 108$359K221,450
    Apt 109$383K221,450
    Apt 110$282K1----
    Apt 201$356K2----
    Apt 203$257K11--
    Apt 204$267K11--
    Apt 206$333K------
    Apt 207$277K1--1,000

    Nearby Schools in Chicago

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org