NOT LISTED FOR SALE

Estimated Value: $507,000 - $566,000

2 Beds
2.5 Baths
1,515 Sq Ft
$1,294/mo HOA Fee

Last Sold April 07, 2023

Last sale price $470,000 $310 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,069/month

27 Days on Market

Highlights

  • Doorman
  • Lock-and-Leave Community
  • Party Room
  • Fitness Center
  • Community Indoor Pool
  • Sundeck

About This Home

As of April 2023

Priced to sell, this spacious 1,515 sqft split two-bedroom corner condo offers panoramic views of Michigan Avenue and a peek at Lake Michigan. Located in the building's southeast corner, it is one of the few tiers that have two full baths PLUS a powder room. A dedicated entry foyer leads into a spacious corner living/dining room. The galley kitchen includes a breakfast bar by the window, an ideal spot to enjoy your morning coffee. The wall between the second bedroom and the living room has been opened up and has French doors, allowing it to double as a den/office. Other features include hardwood floors throughout, brand-new in-unit laundry, and ample closets. Chicago Place is perfectly located in the heart of the Magnificent Mile, within walking distance of world-class culture, shopping, grocery stores, and restaurants! This full-amenity building includes service-oriented door staff, an onsite property manager and engineering team, an indoor pool, a landscaped terrace with dining tables and grills, a state-of-the-art fitness center, a hospitality suite, a business center, dry cleaners, private storage, and leased and guest parking. And of course, the building is pet-friendly!

Last Agent to Sell the Property

Jennifer Ames

Engel & Voelkers Chicago License #475150488 Listed on: 01/25/2023

Engel & Voelkers Chicago

Last Buyer's Agent

Cynthia Sodolski

Compass License #475154759

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,833

Year Built

  • Built in 1991

Lot Details

  • 0.52

HOA Fees

  • $1,294 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Interior Spaces

  • 1,515 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 205 Units
  • Mitchell Kessler Association, Phone Number (312) 482-8995
  • High-Rise Condominium
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 49-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 90 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,833

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,294 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 17
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 49

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Built-In Oven, Range Hood, Electric Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • LivingArea: 1515
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: Foyer
  • Stories Total: 49
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Glass,Stone,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1294
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Mitchell Kessler
  • Management Phone: 312-482-8995X3
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden Elementary

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 270
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 90

Tax Info

  • Tax Annual Amount: 9833.21
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 20, 2023
Sold by
Sylvia Richard A and Sylvia Ruth
Bought by
Liu Yee-Ry and Dzeng Evonne
Seller's Agent
Jennifer Ames
Engel & Voelkers Chicago
Buyer's Agent
Cynthia Sodolski
Compass
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Views
39
Current Estimated Value
$573,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,897
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Sims Frank M
Bought by
Sylvia Richard A and Hoberman Ruth

Purchase Details

Closed on
Jul 9, 1996
Sold by
Sims Frank M and Sims Joanne B
Bought by
Sims Frank M and Fram M Sims Revocable Self Trust

Purchase Details

Closed on
Mar 11, 1996
Sold by
Smith Richard G and Smith Brenda
Bought by
Sims Frank M
Source: Public Records
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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
Liu Yee-Ry $470,000 Chicago Title
Sylvia Richard A $425,000 Stewart Title Guaranty Co
Sims Frank M -- --
Sims Frank M $517,500 1St American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $470,000 -5.8% $310 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $499,000 -- $329 / 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
2025 $9,501 $51,475 $1,914 $49,561
2024 $9,501 $51,475 $1,914 $49,561
2023 $10,024 $50,998 $1,544 $49,454
2022 $10,024 $54,896 $1,544 $53,352
2021 $9,833 $54,894 $1,543 $53,351
2020 $11,235 $56,019 $1,190 $54,829
2019 $10,979 $60,818 $1,190 $59,628
2018 $10,792 $60,818 $1,190 $59,628
2017 $8,898 $47,411 $1,014 $46,397
2016 $8,639 $47,411 $1,014 $46,397
2015 $7,864 $47,411 $1,014 $46,397
2014 $7,462 $40,220 $793 $39,427
2013 $7,315 $40,220 $793 $39,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11706789

Midwest Real Estate Data (MRED)

APN: 17-10-105-014-1047