NOT LISTED FOR SALE

Estimated Value: $303,000 - $1,348,000

3 Beds
3.5 Baths
2,500 Sq Ft
$2,690/mo HOA Fee

Last Sold June 07, 2024

Last sale price $1,250,000 $500 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $9,923/month

6 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Deck
  • Water Views
  • Penthouse
  • 1-minute walk to Ward A Montgomery Park Chicago

About This Home

As of June 2024

VIEWS VIEWS VIEWS! Luxury in the Sky at Erie on the Park. Gut Rehab in this penthouse unit with only one other shared unit on the 24th floor. Views for miles from every exposure with floor to ceiling windows in this architectural masterpiece of steel and glass. Custom floor plan reengineered to maximize as much space as possible including two massive living spaces with a split floor plan. White oak wide plank HDWD floors. Custom oak cabinets with extra storage and a designer Quartz countertop and backsplash to complete the Chefs kitchen. The appliances include a Subzero fridge, Wolf oven and convection oven, and Miele dishwasher. This is a true River North penthouse with two outdoor patios to create your own urban oasis perfect for entertaining and Al Fresco dining. The new primary suite features a massive walk in custom wood closet and built in shelves to showcase your most valuable art. The primary bath has a steam shower, dual sprays with a dual vanity "Hans Grohe" fixtures and Toto toilet. There is an abundance of storage with custom cabinets throughout this home. Another ensuite with large walk in closet and symetrical design window elements. A second family room outside of the third bedroom with stunning panoramic views can be utilized as a flex room (home office, playroom, gym/workout room, pilates) or other options as it has its own entrance. Full service building professionally managed. Amenities include: 24 hour door staff, recently remodeled gym, storage, and on site maintenance. Two Prime Garage spaces for sale for an additional $50K. Tucked away in an amazing River North location with close proximity to the Riverwalk, Dog Park, and numerous restaurants (Owner's fav Erie Cafe) shops, galleries, and many more. East Bank is just a few minute walk. Enjoy the park across the street and many other recent water activities new to the neighborhood.

Last Listed By

Christine Egley-Rashkow

Jameson Sotheby's Intl Realty License #475136705 Listed on: 05/01/2024

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,133

Year Built

  • Built in 2002 | Remodeled in 2023

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $2,690 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Parking Space is Owned

Home Design

  • Penthouse

Interior Spaces

  • 2,500 Sq Ft Home
  • Wet Bar
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a park

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 118 Units
  • Association Phone (312) 587-9245
  • Erie On The Park Subdivision, Penthouse Floorplan
  • Property managed by Draper & Kramer
  • 24-Story Property

Amenities

  • Doorman
  • Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 65 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,133

Year Built

Built in 2002 | Remodeled in 2023

Lot Details

0

HOA Fees

$2,690 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: Erie on the Park
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 24
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 24
  • Year Renovated: 2023

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 2500
  • Other Equipment: Security System, Fire Sprinklers
  • Room Type: No additional rooms
  • Stories Total: 24
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, End Unit
  • List Price: 1350000
  • Lot Features: Park Adjacent, Water View
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete,Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Indv Controls, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 2690
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Draper & Kramer
  • Management Contact Name: NA
  • Management Phone: 312-587-9245
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17091220101292,17091220101285
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 65

Tax Info

  • Tax Annual Amount: 23132.98
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2025
Sold by
Collins Heather and Collins Gregg
Bought by
Gregg And Heather Collins Joint Trust and Collins
Total Days on Market
6
Current Estimated Value
$968,935

Purchase Details

Listed on
May 1, 2024
Closed on
May 29, 2024
Sold by
Mark Eashkow Trust and Eashkow Mark
Bought by
Collins Heather and Collins Gregg
Seller's Agent
Christine Egley-Rashkow
Jameson Sotheby's Intl Realty
Buyer's Agent
Mary Hanburger
Jameson Sotheby's Intl Realty
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.89%

Purchase Details

Listed on
Sep 22, 2014
Closed on
Jan 12, 2015
Sold by
Piers Matthew L and Torres Maria De Los Angeles
Bought by
Rashkow Mark and Mark Rashkow Trust
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Beth Wexler
@properties Christie's International Real Estate
List Price
$1,400,000
Sold Price
$1,290,000
Premium/Discount to List
-$110,000
-7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$1,032,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Poast John G and Jun Susan
Bought by
Piers Matthew J and Torres Maria De Los Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2003
Sold by
Smithfield Properties X Llc
Bought by
Poast John G and Poast Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$917,900
Interest Rate
5.37%

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
Gregg And Heather Collins Joint Trust -- None Listed On Document
Collins Heather $1,250,000 Chicago Title
Rashkow Mark $1,290,000 Chicago Title Insurance Co
Piers Matthew J $1,150,000 Cst
Poast John G $1,057,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rashkow Mark $1,032,000
Previous Owner Piers Matthew J $417,000
Previous Owner Piers Matthew J $850,000
Previous Owner Poast John G $917,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,250,000 -7.4% $500 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,350,000 +4.7% $540 / Sq Ft
01/12/2015 01/12/15 Sold $1,290,000 -7.9% $516 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $1,400,000 -- $560 / 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 $22,020 $108,504 $10,313 $98,191
2023 $22,020 $107,059 $8,319 $98,740
2022 $22,020 $107,059 $8,319 $98,740
2021 $22,841 $113,585 $8,318 $105,267
2020 $23,343 $104,786 $6,416 $98,370
2019 $22,857 $113,764 $6,416 $107,348
2018 $22,472 $113,764 $6,416 $107,348
2017 $19,528 $90,712 $5,465 $85,247
2016 $18,169 $90,712 $5,465 $85,247
2015 $16,623 $90,712 $5,465 $85,247
2014 $13,228 $71,295 $3,421 $67,874
2013 $12,967 $71,295 $3,421 $67,874
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12044586

Midwest Real Estate Data (MRED)

APN: 17-09-122-010-1365