NOT LISTED FOR SALE

Estimated Value: $371,504 - $454,000

2 Beds
2 Baths
1,300 Sq Ft
$605/mo HOA Fee

Last Sold November 20, 2023

Last sale price $370,000 $285 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,319/month

36 Days on Market

Highlights

  • Fitness Center
  • Home Gym
  • Balcony
  • Open Floorplan
  • Stainless Steel Appliances
  • 1-minute walk to Coliseum Park

About This Home

As of November 2023

Bright & large split floor plan 2BR/2BA with PRIVATE terrace, prime Deeded PARKING & Storage INCLUDED! Watch the sunsets and Chicago's famous skyline from your UNOBSTRUCTED private retreat on the 8th floor of this boutique elevator building. The location doesn't get better - this is a great residential pocket steps to Cottontail & Colosseum parks and super walkable to State Street shopping/Dining and Museum Park amenities. The home is open concept and features new wide plank flooring m, crisp white kitchen cabinets, all high-end Kitchen-Aid stainless appliances, sleek black QUARTZ countertops, MARBLE backsplash, modern baths, great closet space and an IN UNIT W/D. The assessment includes all utilities, amenities, cable & internet too - all you pay is gas & electric. Building amenities include Doorstaff, on-site management, dry cleaners, gym and bike room. Approximately $865K in reserves - No specials pending or planned. 85% owner occupied. Located in one of Chicago's most popular neighborhoods with fantastic transportation, parks, entertainment and world class shopping and dining steps away! Welcome Home.

Last Listed By

Cathryn Browne

CB Real Estate LLC License #471021780 Listed on: 08/31/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 2000

Lot Details

  • 10,585

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,300 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Family or Dining Combination
  • Storage
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Halls are 42 inches wide
  • Additional Parcels

Community Details

Overview

  • Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 104 Units
  • Pet Drengberg Association, Phone Number (312) 753-5080
  • Property managed by FirstService Residential
  • 17-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,912

Year Built

Built in 2000

Lot Details

0

HOA Fees

$605 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
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Hallways - 42 Inch, Dining Combo, Drapes/Blinds, Health Facilities, Lobby
  • LivingArea: 1300
  • Room Type: Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 17
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 375000
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 605
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Pet Drengberg
  • Management Phone: 312-753-5080
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17221060761206
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 6911.75
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 19, 2023
Sold by
Naresh C Chandan Living Trust and Ritu Chandan Living Trust
Bought by
Pennington Alexander
Seller's Agent
Cathryn Browne
CB Real Estate LLC
Buyer's Agent
Michael Michalak
RE/MAX 10 Lincoln Park
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Total Days on Market
36
Views
54
Current Estimated Value
$399,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,876
Avg. Annual Appreciation
5.54%
Original Mortgage
$370,000
Outstanding Balance
$366,096
Interest Rate
7.63%
Mortgage Type
VA
Estimated Equity
$33,780

Purchase Details

Closed on
Oct 5, 2020
Sold by
Chandan Naresh C and Chandan Ritu
Bought by
Chandan Naresh C and Chandan Ritu

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 31, 2016
Sold by
Sheldon Timothy and Sheldon Margaret
Bought by
Chandan Naresh C and Chandan Ritu
Seller's Agent
Peter Moore
Baird & Warner
Buyer's Agent
Rebecca Singh
HomeSmart Realty Group
List Price
$379,900
Sold Price
$367,000
Premium/Discount to List
-$12,900
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$293,600
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2009
Sold by
Hermann Elsie K and Hermann Michel
Bought by
Sheldon Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2004
Sold by
Gottfried Angela C and Gottfried Edwin
Bought by
Kim Elsie J and Hermann Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2000
Sold by
Heichman Marci G
Bought by
Coppola Angela I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
8.55%

Purchase Details

Closed on
Mar 16, 2000
Sold by
1501 South State Street Llc
Bought by
Heichman Marci G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,650
Interest Rate
8.18%

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
Pennington Alexander $370,000 Fidelity National Title
Chandan Naresh C -- Attorney
Chandan Naresh C $367,000 Baird & Warner Title Service
Sheldon Timothy $310,000 Attorneys Title Guaranty Fun
Coppola Angela I -- 1St American Title
Heichman Marci G $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Alexander $370,000
Previous Owner Chandan Naresh C $293,600
Previous Owner Sheldon Timothy $283,500
Previous Owner Sheldon Timothy $289,750
Previous Owner Sheldon Timothy $294,500
Previous Owner Hermann Michel A $239,150
Previous Owner Hermann Michel A $240,000
Previous Owner Hermann Michel $22,000
Previous Owner Hermann Michel $245,000
Previous Owner Hermann Michel $246,000
Previous Owner Kim Elsie J $247,000
Previous Owner Coppola Angela I $217,000
Previous Owner Heichman Marci G $141,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $370,000 -1.3% $285 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $375,000 +2.2% $288 / Sq Ft
06/07/2016 06/07/16 Sold $367,000 -3.4% --
04/06/2016 04/06/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $379,900 -- --
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 $5,834 $28,358 $1,456 $26,902
2023 $5,834 $28,275 $1,173 $27,102
2022 $5,834 $28,275 $1,173 $27,102
2021 $5,703 $28,274 $1,173 $27,101
2020 $5,239 $23,519 $962 $22,557
2019 $5,145 $25,609 $962 $24,647
2018 $5,059 $25,609 $962 $24,647
2017 $4,808 $22,333 $795 $21,538
2016 $3,973 $22,333 $795 $21,538
2015 $3,612 $22,333 $795 $21,538
2014 $3,296 $20,333 $711 $19,622
2013 $3,220 $20,333 $711 $19,622
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11873989

Midwest Real Estate Data (MRED)

APN: 17-22-106-076-1030