2 months on rocket

1600 S Prairie Ave Unit 2404, Chicago, IL, 60616

$2,250,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths, 1 Partial
3,400 SqFt
$662/SqFt
Condo

Location

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1600 S Prairie Ave Unit 2404, Chicago$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage4 spaces
Year Built2006
HeatingNatural Gas, Other
CoolingCentral Air
WaterfrontWaterfront
FireplaceGas Log
MLS #12147550
StatusActive

About 1600 S Prairie Ave Unit 2404

Converted from a 3 bedroom to a very large two bedroom. Could be easily converted back. Unit has 3000 sq ft of roof rights and 4 parking spaces. 2020 gut renovation took this unit down to the studs and rebuilt as an entertainer's dream, made simple by the Control4 system which allows you to control music, TV, lighting, shades, security and more right from your mobile phone. Expansive, free flowing living spaces and kitchen featuring Wolf Subzero appliances, custom millwork by Grace Taylor designs, 2 gas fireplaces with remote start and hardwood flooring by Apex. Custom kitchen passthrough shelving by Chicago artisan Zak Rose preserves amazing lake views. Zip Water tap for instant cold/boiling/sparkling water and hidden wine fridge make this the perfect spot to prepare and serve drinks. Natural stone from Callia stone boutique and tile by Ann Sacks throughout, custom California Closets, top of the line lighting fixtures from brands like Roll & Hill, Thomas Pheasant, and Arteriors. Sleeping areas are divided into two generous suites. The guestroom with amazing skyline views features an adjacent full bath and two generous closets as well as remote controlled black out blinds and a built-in entertainment unit. The master bedroom overlooking historic Prairie Avenue's iconic mansions and park spaces is a true sanctuary, removed from the main living areas and featuring his and hers bathrooms and walk in closets. His side features a spa-like shower with body sprays while her side has an oversized steam shower and large soaking tub. A home office with enhanced Wi-Fi, hidden printer, and sitting/standing desk completes this multi-functional space. The main terrace of over 150 square feet features new hardstone pavers and aluminum planters, the perfect spot for enjoying summer fireworks or dining al fresco with friends and family. Easily seats 8 and features an oversized exterior fire table and grill both hard lined for gas. Grill on terrace is a Mont Alpi 805, 94" long. The true gem of this unit is a completely private rooftop of over 3,000 square feet with sprawling lake and skyline views.We have full renders ready for an architect that the seller was planning to complete for you to view(in the current photo deck). Visible now is the top membrane of a full roof replacement undertaken in 2019, which is prepped and ready for pedestal pavers of your choosing. Accessible by elevator or stairs, this one-of-a-kind space is also plumbed for a full outdoor kitchen and interior bathroom. A massive 125 square foot storage unit on the same level easily stores outdoor furnishings during winter months. An additional walk-in storage unit of just over 100 square feet is located on the second floor of the parking garage, perfect for bikes, sporting equipment, as well as 4 side by side garage parking spaces. The price includes two parking spaces, with the other two for 50,000 and all furniture is available upon negotiation.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 25
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: Jameson Sotheby's Intl Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Michael Murphy

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Cooler, Range Hood, Water Purifier
  • Basement: No
  • Interior: Bar-Dry, Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Flexicore, Built-in Features, Walk-In Closet(s), Bookcases, Open Floorplan, Special Millwork, Doorman, Drapes/Blinds, Granite Counters, Health Facilities, Lobby, Pantry
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Balcony, End Unit

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot, Views

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Roosevelt to Indiana S to 16th E to Prairie

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $662/SqFt

HOA Fees:

  • Amount: $2667
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $23,962
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

1600 S Prairie Ave Unit 2404 vs Chicago

87 DAYS ON ROCKET

+55 Days

$2,250,000

+$1.8M More

$662/SqFt

+$402 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $402/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12147550

Listing Office:

  • Office Name: Jameson Sotheby's Intl Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Michael Murphy

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 07, 2018Home Sold
$3,400,000

Tax History

YEARPROP. TAXASSESSMENT
2019$23,962$119,265
2018$23,558$119,265
2017$21,518$99,963

History based on county public records data.

Payment Calculator

$13.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-352898
5
/10

  • Univ of Chicago Charter-Donoghue

  • 707 E 37th St

  • 2.34 miles

  • Public Charter Grades PK-5

school-card-donut-352899
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 2.40 miles

  • Public District Grades PK-5

school-card-donut-352900
10
/10

  • Bronzeville Classical Elementary School

  • 8 W Root St

  • 2.78 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,719. The majority of Chicago, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1600 S Prairie Ave Unit 2404

What is the listing price of this property?

The listing price of 1600 S Prairie Ave Unit 2404 property is $2,250,000.

What type of property is this?

The property 1600 S Prairie Ave Unit 2404 is a condo located in Chicago, Illinois, 60616.

Is this property for sale now?

Active Listing: 1600 S Prairie Ave Unit 2404 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $23,962 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 7, 2018 for $3,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1600 S Prairie Ave Unit 2404 has 2 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1600 S Prairie Ave Unit 2404 is 3,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1600 S Prairie Ave Unit 2404 is 2006.

Rocket Homes›Illinois›Cook County›Chicago›60616›1600 S Prairie Ave Unit 2404

This home is located at 1600 S Prairie Ave Unit 2404 in Chicago, IL and zip code 60616 in the Near South Side neighborhood. This 3,400 square foot home was built in 2006. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $2,250,000.

While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. Between September 2024 and October 2024, Chicago, IL real estate market has seen increase in the number of listings by 14.5%. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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