$2,780,000
$220K PRICE DROP

Estimated payment $22,452/month

Total Views 6,722
3 Beds
2.5 Baths
3,225 Sq Ft
$862 Price per Sq Ft

Highlights

  • Home Office
  • 3-minute walk to Chicago Avenue Station (Red Line)
  • Laundry Room
  • <<doubleOvenToken>>
  • Bar Fridge
  • 2-minute walk to Connors Park

About This Home

Welcome to unit 4001 at the iconic Park Tower, a stunningly remodeled home with breathtaking East facing towards the lake and South views. Originally a 3-bedroom, this spacious unit has been expertly redesigned for maximum comfort and style. The owner spent over $1 million in remodeling the space. The highlight of this residence is the private expansive terrace, offering unobstructed views of Lake Michigan and Michigan Avenue-truly a showstopper! Newly renovated kitchen is a chef's dream, featuring custom cabinetry, an inviting eat-in peninsula, and top-of-the-line appliances. The luxurious master suite provides a serene escape with beautiful views, a walk-in closet, and a spa-like bath that includes a soaking tub, separate shower, and elegant new fixtures. Throughout the home, you'll find custom lighting, doors, baseboards, and trim, all in pristine, move-in ready condition. As a resident, you'll enjoy five-star amenities from the Park Hyatt Hotel, including a state-of-the-art fitness center, indoor pool, 24/7 room service, and the renowned NoMI restaurant. Located in the heart of the Gold Coast on Michigan Avenue, you're steps away from Chicago's best shopping, theaters, museums, and dining. Don't miss out on this extraordinary opportunity to experience luxury living at its finest!

Listing Agent

Chezi Rafaeli

Coldwell Banker Realty License #475129431 Listed on: 10/18/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,279

Year Built

  • Built in 2000

HOA Fees

  • $3,076 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Stone Siding

Interior Spaces

  • 3,225 Sq Ft Home
  • Bar Fridge
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating

Community Details

Overview

  • Association fees include parking, doorman, tv/cable, internet
  • 117 Units
  • Paulette Rodriguez Association, Phone Number (312) 587-3280
  • Property managed by Sudler Property Management
  • 66-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,279

Year Built

Built in 2000

Lot Details

0

HOA Fees

$3,076 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 40
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 66

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 3225
  • Room Type: Office
  • Stories Total: 66
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Stone, Limestone
  • List Price: 2780000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 3076
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Property Management
  • Management Contact Name: Paulette Rodriguez
  • Management Phone: 312-587-3280

Fee Information

  • Association Fee Includes: Parking, Doorman, TV/Cable, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • 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: 0

Tax Info

  • Tax Annual Amount: 48279
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 117

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $48,279 $229,562 $2,612 $226,950
2023 $57,890 $228,823 $2,103 $226,720
2022 $57,890 $281,454 $2,103 $279,351
2021 $60,727 $301,988 $2,102 $299,886
2020 $59,112 $265,353 $1,471 $263,882
2019 $57,853 $287,951 $1,471 $286,480
2018 $56,880 $287,951 $1,471 $286,480
2017 $62,378 $289,767 $1,177 $288,590
2016 $58,037 $289,767 $1,177 $288,590
2015 $53,099 $289,767 $1,177 $288,590
2014 $48,138 $259,453 $946 $258,507
2013 $47,188 $259,453 $946 $258,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $2,780,000 -4.1% $862 / Sq Ft
02/25/2025 02/25/25 Price Changed $2,900,000 -3.3% $899 / Sq Ft
10/18/2024 10/18/24 For Sale $3,000,000 0.0% $930 / Sq Ft
02/10/2014 02/10/14 Sold $3,000,000 -14.3% $930 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
06/10/2013 06/10/13 For Sale $3,499,000 -- $1,085 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,000,000 Ctcc
Warranty Deed $3,150,000 None Available
Warranty Deed $1,572,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Closed $1,000,000 Credit Line Revolving
Closed $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,330,000 Credit Line Revolving
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12183460

Midwest Real Estate Data (MRED)

APN: 17-03-231-018-1059