$2,600,000
$1M PRICE DROP

Estimated payment $22,986/month

Total Views 9,315
3 Beds
3.5 Baths
4,200 Sq Ft
$619 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to Chicago Avenue Station (Red Line)
  • Landscaped Professionally
  • Steam Room
  • Fitness Center
  • 2-minute walk to Connors Park

About This Home

Discover unparalleled luxury living at the iconic Park Tower condominium, part of the prestigious Park Hyatt Residences. This this exclusive and unique half-floor residence, is on the market for the first time since the initial sale by the developer. Boasting approximately 4,200 sqft of opulent living and featuring3 bedrooms and 3 outdoor spaces, this residence is unmatched in its elegance and exclusivity, a true home-in-the-sky. The gracious open floor plan includes a large living room with breathtaking east and south lake views, a spacious family room with panoramic south, east, and west exposure, and a large eat-in kitchen designed for the ultimate in modern living. Each of the private terraces provides awe-inspiring wrap-around views of the lake and city, ensuring stunning vistas from every window and outdoor space. Adorned with rich finishes including hardwood floors and custom millwork, and complemented by abundant storage throughout, this residence is a masterpiece of design and craftsmanship. As a resident, you'll enjoy access to the Park Hyatt's renowned 5-star amenities, including the acclaimed NoMi restaurant. Additionally, two parking spaces are included for the utmost convenience. Don't miss this exceptional opportunity to own a piece of Chicago's skyline. Schedule a viewing today and immerse yourself in the epitome of luxury living at Park Tower.

Listing Agent

Chezi Rafaeli

Coldwell Banker Realty License #475129431 Listed on: 03/19/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $58,043

Year Built

  • Built in 2000

HOA Fees

  • $3,790 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Reinforced Caisson Foundation
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,200 Sq Ft Home
  • Window Screens
  • Family Room
  • Combination Dining and Living Room
  • Breakfast Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Baseboard Heating
  • 200+ Amp Service
  • Lake Michigan Water
  • TV Antenna

Additional Features

  • Landscaped Professionally
  • Property is near a park

Community Details

Overview

  • Association fees include water, gas, doorman, tv/cable, scavenger, internet
  • 117 Units
  • Karla Carey Association, Phone Number (312) 287-3280
  • High-Rise Condominium
  • Property managed by Sudler
  • 67-Story Property

Amenities

  • Doorman
  • Steam 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$58,043

Year Built

Built in 2000

Lot Details

0

HOA Fees

$3,790 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 54
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • 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: 67

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • LivingArea: 4200
  • Other Equipment: TV Antenna
  • Room Type: Breakfast Room
  • Stories Total: 67
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Block, Stone, Marble/Granite
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • List Price: 2600000
  • Lot Features: Corner Lot, Landscaped
  • Roof: Other
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Other, Garage Door Opener, Garage, On Site, Garage Owned, Attached
  • ParkingTotal: 2

Utilities

  • Sewer: Other
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Electric, Baseboard, Indv Controls, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 3790
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Storage, Health Club, On Site Manager/Engineer, Indoor Pool, Receiving Room, Restaurant, Service Elevator(s), Steam Room
  • Association Fee Frequency: Monthly
  • Community Features: Park
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Karla Carey
  • Management Phone: 312-287-3280X0000

Fee Information

  • Association Fee Includes: Water, Gas, Doorman, TV/Cable, Scavenger, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • 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: NA

Tax Info

  • Tax Annual Amount: 58043.18
  • Tax Year: 2023

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 $58,043 $275,990 $3,140 $272,850
2023 $69,598 $275,101 $2,528 $272,573
2022 $69,598 $338,377 $2,528 $335,849
2021 $73,009 $363,064 $2,527 $360,537
2020 $71,068 $319,020 $1,769 $317,251
2019 $69,554 $346,189 $1,769 $344,420
2018 $68,384 $346,189 $1,769 $344,420
2017 $74,994 $348,371 $1,415 $346,956
2016 $69,775 $348,371 $1,415 $346,956
2015 $63,838 $348,371 $1,415 $346,956
2014 $57,874 $311,927 $1,137 $310,790
2013 $55,912 $311,927 $1,137 $310,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $2,600,000 -7.1% $619 / Sq Ft
03/17/2025 03/17/25 Price Changed $2,800,000 -6.7% $667 / Sq Ft
02/05/2025 02/05/25 Price Changed $3,000,000 -14.3% $714 / Sq Ft
10/23/2024 10/23/24 Price Changed $3,500,000 -12.5% $833 / Sq Ft
03/19/2024 03/19/24 For Sale $4,000,000 -- $952 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,037,500 --
Warranty Deed $2,600,000 --
Warranty Deed $1,691,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 Stand Alone Refi Refinance Of Original Loan
Closed $200,000 Credit Line Revolving
Closed $200,000 Credit Line Revolving
Closed $2,000,000 Credit Line Revolving
Closed $2,000,000 Credit Line Revolving
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12008196

Midwest Real Estate Data (MRED)

APN: 17-03-231-018-1097