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1338 South Wabash Avenue

1338 South Wabash Avenue, Chicago, IL 60605
Condo in South Loop
1338 South Wabash Avenue is a condo located in South Loop, Chicago. The building was first built in 1992 and is 32 years old. In total, 1338 South Wabash Avenue has a total floor area of 1,681 square feet. 1338 South Wabash Avenue has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck and patio space. There are 2 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 220 days and tend to sell below the original asking price of $352,500 by 6.04%. Meaning, listings tend to sell at a median of $241 price per square foot. The transaction that took the longest to complete was unit A, listed on Aug 12, 2019 for $309,900. This particular unit ultimately sold 317 days later for $280,000. The most recent transaction was for unit D, which was first advertised on Jul 10, 2020, sold for $400,000 on Nov 10, 2020. Fun fact, the oldest transaction we have on record took place on Jun 24, 2020. See the full transaction history for 1338 South Wabash Avenue below.

South Loop, where 1338 South Wabash Avenue is located, has a median asking price of $629,000 for condo buildings. Meanwhile, the building itself has a median asking price of $352,500. For interested buyers, that means the building's median asking price is around 0.44% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200710 Unit D
07/10/2020
D
2 Bed
2 Bath
1611 ft²
$410,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1611 ft²
$400,000 -2.44%
11/10/2020
Matt Laricy
20190812 Unit A
08/12/2019
A
1 Bed
2 Bath
1300 ft²
$309,900
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1300 ft²
$280,000 -9.65%
06/24/2020
Sarah Vargas

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 14
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,191
  • Total Building Area: 1,681
  • Gross Building Area: 1,681
  • Building Area: 1,681
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,681
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEARBORN PARK UNIT 02
  • Land Acres: 0.027
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: NORTH 16 54 FT E 72 00 FT S 3490 FT OF BLK 6 IN DEARBORN PARK UNIT #2 NE4 OF SEC21 T39N R14E 3P

Ownership

  • Current Owner : MOWRY BRETT
  • Current Owner 2: LONDON SARAH
  • Previous Owner : RAMSBOTTOM PHIL
  • Owner Before Previous Owner: KENTER JACK
  • Owner Before Previous Owner 2: KENTER KRISTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330200

Zoning

  • Zoning: PD 169

Geography

  • Assessors Map Reference: Feb 02, 2003
  • District: 76
  • Parcel: 17-21-214-012-0000
  • Block: 6
  • Meridian: SEC 21 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8647
  • Longitude: -87.6277

    Address

  • Full Address: 1338 S State St
  • Address - House Number: 1338
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C026
  • 4-Digit Zip Code: 2411
  • Zip Code: 60605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,173
  • Tax Rate Code Area: 76079

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 688,011
  • High Value: 825,369
  • Low Value: 550,653

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 06, 2022
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $166,740
  • Market Improvement Value: $423,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,000
  • Assessed Land Value: $16,674
  • Assessed Improvements Value: $42,326

    Sales

  • Current Sale Contract Date: Jun 20, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Transaction ID: 11905287037
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6342
  • Previous Sale Recording Date: Sep 06, 2019
  • Previous Sale Contract Date: Aug 16, 2019
  • Previous Sale Amount: $595,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 06, 2022
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK SB
  • Previous Mortgage Transaction Date: Sep 06, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $529,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1338 South Wabash Avenue located in?
The 1338 South Wabash Avenue is a condo located in the neighborhood of South Loop in Central Chicago, Chicago.
What is the average sales price for listings in 1338 South Wabash Avenue?
The average sales price for units in 1338 South Wabash Avenue is $352,500 , or $241/sqft. currently.

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