NOT LISTED FOR SALE

Estimated Value: $487,000 - $571,000

1 Bed
1.5 Baths
1,173 Sq Ft
$883/mo HOA Fee

Last Sold May 01, 2024

Last sale price $525,000 $448 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,829/month

5 Days on Market

Highlights

  • Doorman
  • Rooftop Deck
  • Property is near a park
  • Fitness Center
  • Waterfront
  • 2-minute walk to Lake Shore Park

About This Home

As of May 2024

Nestled in the heart of Streeterville is this completely updated 1BR/1.1BA unit at The Pearson! No detail was overlooked and no expense spared in the meticulous renovation of this high floor residence. From the moment you step off the elevator and through the front door, the north facing view through the floor-to-ceiling windows looks out at the Gold Coast's incredible skyline. This unit is above several buildings to the north, giving it both an unobstructed view of Lake Michigan and privacy that cannot be found in units on lower floors. The open-concept living/dining/kitchen space is gracious enough to entertain and has updated hardwood flooring and newer light fixtures throughout. The kitchen was remodeled in 2019 with style and functionality at the forefront. Updated with new cabinetry, stainless steel appliances, gas cooktop stove with range hood (vents externally!), undermount drawer microwave, quartz countertops, and bar seating, this is the perfect spot for meal prep, or sharing a glass of wine with friends. Cozy up with a great book or a movie in the living space with gorgeous built-in storage cabinets and bookcases. Formal dining space is perfect for a dinner party or could be used as a work-from-home space. Secluded away from the living spaces is an updated powder room and in-unit laundry. The primary suite's walk-in closet, as well as linen and front hall closets, were updated with custom organizers from California Closets. It also has a full bathroom with double vanity, walk-in shower, and soaking tub. Brand new Hunter Douglas remote operated shades just installed October 2023! Sit out on the private balcony and enjoy the city views while reading the news or enjoying a beautiful day. One large storage locker is included in the price, and 1 garage parking space available for $35,000! The Pearson is a full amenity building featuring a friendly 24 hour door staff, on-site management Monday-Friday, bike storage room, massive fitness center in the basement that was recently updated, and a top floor community room which leads to a roof deck (roof deck scheduled for renovations in 2024) with panoramic south facing views of the city skyline, Lake Michigan and Navy Pier. No pet weight limits or restrictions in this dog-friendly environment. Speaking of dogs, Lake Shore Park is across the street and has a large grassy area for furry friends, as well as a running track and Tennis Courts for fitness and sports enthusiasts. This Streeterville location cannot be beat! Just across the street is the Museum of Contemporary Art, and just two blocks to all of the Mag Mile's best shopping and retail on Michigan Avenue, lakeshore access at Chicago Avenue, 6 blocks to Ohio Street Beach, Northwestern Memorial Hospital Campus, and a plethora of coffee shops (Dollop Coffee is around the corner), dining and nightlife options all within a few blocks. Public transit is a breeze with 12 different CTA Bus Lines picking up within a 3 block radius, and easy access to Lake Shore Drive. City living is made simple here!

Last Listed By

Alex Wolking

Keller Williams ONEChicago License #471020787 Listed on: 02/29/2024

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,950

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • End Unit
  • Dog Run

HOA Fees

  • $883 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Interior Spaces

  • 1,173 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessibility Features
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Ramp on the main level

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • Property is near a park

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 180 Units
  • Tom Gillespie Association, Phone Number (312) 943-2472
  • Streeterville Subdivision
  • Property managed by Community Specialists
  • 37-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,950

Year Built

Built in 2003

Lot Details

0

HOA Fees

$883 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Streeterville
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 29
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Gas Cooktop
  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, No Interior Steps, Ramp - Main Level
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1173
  • Room Type: No additional rooms
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 1173
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1173
  • Total Sq Ft: 1173
  • Main Level Sq Ft: 1173
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Dog Run, Storms/Screens, End Unit
  • List Price: 549900
  • Lot Features: Park Adjacent
  • Waterfront: Yes
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 35000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Baseboard, Zoned
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 883
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Tom Gillespie
  • Management Phone: 312-943-2472X1
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 11949.93
  • Tax Year: 2022

Multi Family

  • Units in Building: 180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 24, 2024
Sold by
Jon A Bomberger A and Jon Kathryn J
Bought by
Maria Constantinides Revocable Trust and Constantinides
Seller's Agent
Alex Wolking
Keller Williams ONEChicago
Buyer's Agent
Mark Dollard
Jameson Sotheby's Intl Realty
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Total Days on Market
5
Views
21
Current Estimated Value
$528,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,518
Avg. Annual Appreciation
0.65%

Purchase Details

Closed on
Apr 23, 2020
Sold by
Bomberger Jon A and Roudebush Kathryn J
Bought by
Bomberger Jon A and Roudebush Kathryn J

Purchase Details

Listed on
Nov 29, 2015
Closed on
Jan 22, 2016
Sold by
Joslin Charlotte E
Bought by
Bomberger Jon A and Roudebush Kathryn J
Seller's Agent
Pamela Sage
Baird & Warner
Buyer's Agent
Phyllis Owen
Jameson Sotheby's Int'l Realty
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$460,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
The Regina M Nowacki Revocable Trust
Bought by
Joslin Charlotte E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2008
Sold by
Nowacki Regina M
Bought by
Regina M Nowacki Revocable Trust

Purchase Details

Closed on
Apr 22, 2005
Sold by
Rutherford Kim Cherise
Bought by
Nowacki Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 2003
Sold by
250 East Pearson Llc
Bought by
Rutherford Kim Cherise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.5%
Mortgage Type
Unknown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maria Constantinides Revocable Trust $525,000 None Listed On Document
Bomberger Jon A -- None Available
Bomberger Jon A $575,000 Git
Joslin Charlotte E $525,000 Cti
Regina M Nowacki Revocable Trust -- None Available
Nowacki Regina M $490,000 Multiple
Rutherford Kim Cherise $455,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bomberger Jon A $396,800
Previous Owner Bomberger Jon A $460,000
Previous Owner Joslin Charlotte E $175,000
Previous Owner Regina M Nowacki Revocable Trust $409,575
Previous Owner Nowacki Regina M $417,000
Previous Owner Nowacki Regina M $359,650
Previous Owner Rutherford Kim Cherise $322,700
Previous Owner Rutherford Kim Cherise $86,750
Closed Nowacki Regina M $81,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $525,000 -4.5% $448 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $549,900 -4.4% $469 / Sq Ft
01/29/2016 01/29/16 Sold $575,000 0.0% $501 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/29/2015 11/29/15 For Sale $575,000 -- $501 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,950 $57,017 $5,325 $51,692
2023 $11,950 $58,100 $4,287 $53,813
2022 $11,950 $58,100 $4,287 $53,813
2021 $11,683 $58,099 $4,287 $53,812
2020 $11,076 $49,720 $3,000 $46,720
2019 $10,840 $53,954 $3,000 $50,954
2018 $10,658 $53,954 $3,000 $50,954
2017 $10,657 $49,507 $2,400 $47,107
2016 $9,416 $49,507 $2,400 $47,107
2015 $8,882 $51,095 $2,400 $48,695
2014 $7,003 $40,313 $1,929 $38,384
2013 $6,854 $40,313 $1,929 $38,384
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11991695

Midwest Real Estate Data (MRED)

APN: 17-03-228-032-1144