Seller's Agent in 2022
Unlim Lee Fenner
Berkshire Hathaway HomeServices Starck Real Estate
(630) 272-6462
1 in this area
14 Total Sales
340 On The Park 340 E Randolph St Unit 2901 Chicago, IL 60601
New East Side NeighborhoodEstimated Value: $887,000 - $1,696,000
3
Beds
3.5
Baths
2,371
Sq Ft
$1,611/mo
HOA Fee
Highlights
- Water Views
- Fitness Center
- Community Indoor Pool
- Steam Room
- Wood Flooring
- 1-minute walk to Lakeshore East Park
About This Home
As of September 2022340 ON THE PARK. BEST LOCATION IN CHICAGO AMAZING UNOBSTRUCTED VIEWS OF MILLENNIUM AND GRANT PARK, LAKE & HARBOR TO THE SOUTH* RIVER & CITY VIEWS TO THE NORTH* 2 TERRACES* SNAIDERO CABINETS, QUARTZ COUNTERS, GE MONOGRAM SS APPLS, BAMBOO FLOORS, LUXURY BATHS W/SPA TUB* AMENITIES 24 HR FRONT DESK STAFF, 4000 SQ FT FITNESS CENTER OVER LOOKING SAME AMAZING VIEWS, INDOOR LAP POOL, HOT TUB, CLUB RM, WINTER GARDEN W/LARGE TERRACE* Parking P5-1 P5-2 deeded separately $50K Each*Owners can rent after 1 year ownership, based on 15% rental cap. MUST SEE!!
Last Listed By
Berkshire Hathaway HomeServices Starck Real Estate License #475151433 Listed on: 04/16/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $34,661
Year Built
- Built in 2007
Lot Details
- End Unit
- Additional Parcels
HOA Fees
- $1,611 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Reinforced Caisson Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 2,371 Sq Ft Home
- Entrance Foyer
- Living Room
- Formal Dining Room
- First Floor Utility Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
Utilities
- Zoned Heating and Cooling
- Individual Controls for Heating
- Baseboard Heating
- 100 Amp Service
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, gas, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, internet
- 344 Units
- Amy Association, Phone Number (312) 938-3576
- High-Rise Condominium
- Property managed by Firstserv Residential
- 62-Story Property
Amenities
- Sundeck
- Steam Room
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2024
Sold by
Candogan Utku Ozan and Fan Alice
Bought by
Utku Ozan Candogan Trust and Alice Fan Trust
Total Days on Market
473
Current Estimated Value
Purchase Details
Listed on
Apr 16, 2021
Closed on
Sep 6, 2022
Sold by
Shim John
Bought by
Candogan Utku Ozan and Fan Alice
Seller's Agent
Unlim Lee Fenner
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Non Member
NON MEMBER
Sold Price
$1,630,000
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.80%
Original Mortgage
$400,000
Interest Rate
5.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2008
Sold by
340 East Randolph Llc
Bought by
Shim John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.5%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Utku Ozan Candogan Trust | -- | None Listed On Document | |
| Candogan Utku Ozan | $1,630,000 | None Listed On Document | |
| Shim John | $1,600,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Candogan Utku Ozan | $400,000 | |
| Previous Owner | Candogan Utku Ozan | $900,000 | |
| Previous Owner | Candogan Utku Ozan | $400,000 | |
| Previous Owner | Shim John | $1,066,000 | |
| Previous Owner | Shim John | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2022 09/06/22 | Sold | $1,630,000 | -6.8% | $687 / Sq Ft |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | Price Changed | $1,749,000 | -10.1% | $738 / Sq Ft |
| 01/29/2022 01/29/22 | For Sale | -- | -- | -- |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $1,945,000 | -- | $820 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $28,727 | $107,095 | $2,234 | $104,861 |
| 2023 | $28,727 | $118,996 | $1,803 | $117,193 |
| 2022 | $28,727 | $139,667 | $1,803 | $137,864 |
| 2021 | $28,085 | $139,665 | $1,802 | $137,863 |
| 2020 | $29,279 | $131,434 | $1,632 | $129,802 |
| 2019 | $28,760 | $143,148 | $1,632 | $141,516 |
| 2018 | $28,277 | $143,148 | $1,632 | $141,516 |
| 2017 | $24,532 | $113,960 | $1,350 | $112,610 |
| 2016 | $22,325 | $113,960 | $1,350 | $112,610 |
| 2015 | $20,402 | $113,960 | $1,350 | $112,610 |
| 2014 | $20,183 | $111,350 | $1,243 | $110,107 |
| 2013 | $19,774 | $111,350 | $1,243 | $110,107 |
Source: Public Records
Agents Affiliated with this Home
-
Unlim Lee Fenner
-
N
Buyer's Agent in 2022
Non Member
NON MEMBER
About 340 On The Park
Map
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11056048
APN: 17-10-318-058-1172
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