$530,000
SOLD FEB 28, 2025
2 Beds
2 Baths
1,593 Sq Ft
$1,189/mo HOA Fee

Recently Sold

$333 Per Sq Ft

1% Above List Price

88 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Grand Avenue Station (Red Line)
  • Den
  • Fitness Center
  • Wood Flooring
  • Sundeck

About This Home

As of February 2025

Welcome to The Farallon in River North. Unit 1508 offers 2 bedrooms, 2 full bathrooms plus a den/office. It boasts one of the largest layouts in the building and has been meticulously updated from top to bottom. Enjoy the spacious open concept living/dining room and hardwood floors throughout the main living area. Then entire kitchen was completely updated in 2020. Smartly tucked in the corner of the kitchen is the laundry room with in-unit washer/dryer, new tile flooring, and additional storage. The oversized 4x24 balcony is the perfect spot to take in the south-facing city views. The primary bedroom offers a walk-in closet as well as a completely remodeled en suite with double vanity. The secondary bedroom also offers a walk-in closet and is adjacent to the second upgraded full bath. Both bedrooms feature floor-to-ceiling windows (with remote controlled blinds) opening this unit up to an abundance of natural light. A separate storage cage is included. A deeded garage space in the attached garage is offered at 25,000. Amenities in the pet-friendly building include a 24-hour door staff, an exercise facility with an outdoor terrace, a bike room, and a hospitality suite for guests, which can double as a meeting/party room. HOA includes heat, A/C, water, gas, TV/cable, Wi-Fi/Internet access, scavenger (trash and recycling), and more. In an unbeatable location with close proximity to everything you need.

Last Agent to Sell the Property

Michael Scanlon

eXp Realty, LLC License #475188240

eXp Realty, LLC

Co-Listed By

Todd Plugge

eXp Realty, LLC License #475162968

Last Buyer's Agent

Jessica Coulson (Ciecholewski)

Compass License #475182273

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,108

Year Built

  • Built in 2001 | Remodeled in 2020

HOA Fees

  • $1,189 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,593 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 161 Units
  • Dominique B. Davis Association, Phone Number (312) 643-5122
  • Property managed by Sudler
  • 21-Story Property

Amenities

  • Doorman
  • Sundeck
  • Elevator

Recreation

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,108

Year Built

Built in 2001 | Remodeled in 2020

Lot Details

0

HOA Fees

$1,189 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: 2001
  • 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: 15
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1593
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: Den, Foyer
  • Stories Total: 21
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 525000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 25000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Indv Controls, Zoned
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 1189
  • Association Amenities: Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Dominique B. Davis
  • Management Phone: 312-643-5122
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, 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: 25

Tax Info

  • Tax Annual Amount: 10107.71
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 161

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

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $530,000 +1.0% $333 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
10/24/2024 10/24/24 For Sale $525,000 +12.1% $330 / Sq Ft
12/19/2019 12/19/19 Sold $468,500 -1.8% $336 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $477,000 -0.4% $342 / Sq Ft
11/07/2019 11/07/19 Price Changed $478,900 0.0% $343 / Sq Ft
10/30/2019 10/30/19 For Sale $479,000 -- $343 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,853 $44,778 $2,177 $42,601
2023 $9,853 $47,908 $1,756 $46,152
2022 $9,853 $47,908 $1,756 $46,152
2021 $9,633 $47,906 $1,755 $46,151
2020 $9,901 $44,446 $1,354 $43,092
2019 $9,699 $48,276 $1,354 $46,922
2018 $9,536 $48,276 $1,354 $46,922
2017 $9,116 $42,348 $1,153 $41,195
2016 $8,482 $42,348 $1,153 $41,195
2015 $7,760 $42,348 $1,153 $41,195
2014 $6,068 $32,704 $902 $31,802
2013 $5,948 $32,704 $902 $31,802
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,000 New Conventional
Previous Owner $351,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $268,500 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $349,600 Unknown
Previous Owner $359,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $530,000 Saturn Title
Deed $468,500 Attorney
Interfamily Deed Transfer -- None Available
Deed $421,000 Multiple
Warranty Deed $398,500 --
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12196674

Midwest Real Estate Data (MRED)

APN: 17-09-233-025-1111