310 S Michigan Ave #201, Chicago IL 60604
3 br 4 ba 3,425 sqft Apt/Condo/Twnhm| $1,980,000 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | New Home |
| MLS/Source ID | 07235600 |
| Price/sqft | $578 |
| Total views (as of 7/12/09) |
81 |
Contact info
Provided by: magnificentmileresidences.com
Inquire about this property
Street view
This property
$1,980,000
$1,980,000
Similar homes for sale
$1,522,750
$1,522,750
Recently sold homes
$1,872,000
$1,872,000
Similar homes for sale
Average listing price is $1,522,750
Recently sold homes
Average sales price is $1,872,000
| This home | ||
|---|---|---|
| Listing price: | $1,980,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $1,522,750 | +30% |
| Avg. sales price: | $1,872,000 | +6% |
| Compared to Loop | ||
|---|---|---|
| Avg. listing price: | $530,616 | +273% |
| Avg. sales price: | $404,425 | +390% |
| Avg. price/sqft: | $1,395 | -59% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $1,980,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | +330% |
| Avg. sales price: | $302,073 | +555% |
| Avg. price/sqft: | $142 | +307% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Chicago International Charter School
Chicago Public School District 299 |
Public | 0.1 | ||
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Chicago Virtual Charter School
Chicago Public School District 299 |
Public | 0.57 | ||
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Daystar School
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Private | 0.66 | ||
| five star its a wonderful school | ||||
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South Loop Elementary School
Chicago Public School District 299 |
Public | 0.78 | ||
| I would not recommend this school unless you have no other options. The 'gifted' program is no more advanced than any other middle-class school. There… | ||||
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Frances X Warde - Osp
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Catholic | 1 | ||
| As a former studet, I can say that FXW was the most amazing experience of my life. I spent my entire childhood and adolesence as a member of the FXW community,… | ||||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:310 S Michigan Ave #201, Chicago IL 60604 |
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| Communities near 310 S Michigan Ave #201, Chicago | ||||||||||||||
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This Apt/Condo/Twnhm located at 310 S Michigan Ave, Chicago IL, 60604 is currently for sale and has been listed on Trulia for 410 days. This property is listed by magnificentmileresidences.com for $1,980,000. 310 S Michigan Ave #201 has has 3 beds, 4 baths, and approximately 3,425 square feet. The property was built in 1924. 310 S Michigan Ave is in the Loop neighborhood in Chicago and in ZIP Code 60604. The list price of $1,980,000 is 273% higher than the average list price of $530,616 for Loop real estate, 142% higher than the average list price of $816,589 for 60604 real estate, and 330% higher than the average list price of $460,585 for Chicago, IL real estate. The price for this property is 390% higher than the average sales price of $404,425 for Loop, 564% higher than the average sales price of $298,375 for 60604, and 555% higher than the average sales price of $302,073 for Chicago. The price per square foot for this property is $578, which is 59% lower than the average of $1,395 for LoopThe price per square foot for this property is $578, which is 307% higher than the average of $142 for Chicago.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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