$1,075,000
SOLD OCT 16, 2024

The Carlyle 1040 N Lake Shore Dr Unit 6C Chicago, IL 60611

Gold Coast Neighborhood
3 Beds
4.5 Baths
3,050 Sq Ft
$2,825/mo HOA Fee

Recently Sold

$352 Per Sq Ft

14% Below List Price

Highlights

  • Doorman
  • Lake Front
  • Landscaped Professionally
  • Lincoln Park High School Rated A
  • Fitness Center
  • 2-minute walk to Lakefront Park

About This Home

As of October 2024

AWESOME VALUE!! Introducing the epitome of luxury living, a residence that defines opulence and offers a lifestyle of unparalleled elegance. Nestled within the prestigious Carlyle, this remarkable home transcends the ordinary, catering exclusively to the discerning buyer with an appreciation for true value. Unveiling a residence of pristine perfection, #6C exudes an aura of timeless sophistication, promising the most coveted white-glove services to its privileged homeowners. The Carlyle, renowned for its unwavering commitment to service, will spoil you with a level of attention that is nothing short of extraordinary. The purposeful design of north and south towers with 2 homes per floor in each tower creates a very private enclave. As you step into this magnificent abode, prepare to be awestruck by the breathtaking views that unfold before you. Gaze out of the expansive windows to behold the visual masterpiece of Lake Michigan, the sun-kissed beach, and the charming Gazebo Park. This prime location ensures that you're surrounded by the iconic landmarks of Chicago, including the regal Drake Hotel, the architectural masterpiece that is the Palmolive Building, and the soaring splendor of the Hancock Tower. 1040 Lake Shore Drive is more than just a residence; it's a gateway to the vibrant heart of the Magnificent Mile, where world-class shopping and dining beckon, all while maintaining a serene neighborhood ambiance. With only two units per floor, you'll relish the sense of privacy and security that #6C affords. Prepare to be bathed in natural light as two expansive terraces, facing east and west, flood the residence with sunlight from sunrise to sunset. The design aesthetic in #6C is nothing short of impeccable, featuring rich wood millwork, from white oak floors to custom Wenge wood in the fully integrated kitchen and butler's pantry, which also includes laundry facilities. A mahogany-adorned custom office built-ins, complete with a modern Murphy bed, graces the second bedroom. The primary suite at The Carlyle is truly exceptional. Featuring his and hers baths, both adorned in exquisite marble, along with separate walk-in closets and a charming sitting area, it opens onto a terrace that stretches across the primary bedroom and the second bedroom, offering an opportunity to create your own urban garden oasis. In this residence, every room has been thoughtfully designed to optimize the stunning views, creating an ambiance that feels like a true home. The Carlyle is more than just a luxury residence; it's a sanctuary of unparalleled luxury and service. Enjoy the convenience of 24-hour personalized door service and the inclusion of one valet parking space at the front door, with an option for a second car at an additional $245 per month. The Carlyle also offers top-notch amenities, including a recently renovated top-floor club room, a full catering kitchen, grills on a landscaped sundeck, a state-of-the-art fitness room, and an inviting indoor lap pool. With on-site management to cater to your every need, this is more than just a residence; it's a testament to the art of living. Welcome to the Carlyle.

Last Agent to Sell the Property

Nancy Nugent

Jameson Sotheby's Intl Realty License #475083793 Listed on: 07/12/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Stephanie Turner

Jameson Sotheby's Intl Realty License #475179186

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,812

Year Built

  • Built in 1964 | Remodeled in 2006

Lot Details

  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $2,825 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Reinforced Caisson Foundation

Interior Spaces

  • 3,050 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Gallery

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Lake
  • Deck

Utilities

  • Central Air
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 128 Units
  • Jamie Janata Association, Phone Number (312) 944-3484
  • High-Rise Condominium
  • Property managed by FIRST SERVICE RESIDENTIAL
  • 39-Story Property

Amenities

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

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,812

Year Built

Built in 1964 | Remodeled in 2006

Lot Details

0

HOA Fees

$2,825 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: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39
  • Year Renovated: 2006

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • LivingArea: 3050
  • Room Type: Foyer, Gallery
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Reinforced Caisson, Other
  • List Price: 1250000
  • Lot Features: Corner Lot, Lake Front, Landscaped, Water View, Lake Access, Views
  • Roof: Other
  • Waterfront: Yes
  • Exterior Building Type: Stone,Other,Clad Trim

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Brick,Side Drive
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 2825
  • Association Amenities: Door Person, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Service Elevator(s), Security, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: FIRST SERVICE RESIDENTIAL
  • Management Contact Name: Jamie Janata
  • Management Phone: 312-944-3484
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 20812.48
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 16, 2024
Sold by
Steccia L Zeffren Declaration Of Trust and Zeffren Steccia L
Bought by
Carly Rothman Revocable Trust and Rothman
Seller's Agent
Nancy Nugent
Jameson Sotheby's Intl Realty
Buyer's Agent
Stephanie Turner
Jameson Sotheby's Intl Realty
List Price
$1,250,000
Sold Price
$1,075,000
Premium/Discount to List
-$175,000
-14%
Views
4
Current Estimated Value
$1,157,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,486
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Zeffren Steccia L
Bought by
Zeffren Steccia L and The Steccia L Zeffren Declaration Of Tr

Purchase Details

Closed on
Dec 1, 1997
Sold by
Jordan George T and Jordan Earline R
Bought by
Zeffren Steccia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
7.35%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,075,000 Fidelity National Title
Interfamily Deed Transfer -- --
Warranty Deed $870,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $538,000 Adjustable Rate Mortgage/ARM
Previous Owner $617,100 Stand Alone First
Previous Owner $672,000 Unknown
Previous Owner $696,000 Unknown
Previous Owner $9,000 Credit Line Revolving
Previous Owner $696,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $1,075,000 -14.0% $352 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $1,250,000 -- $410 / 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 $21,389 $121,945 $6,126 $115,819
2023 $20,812 $107,346 $4,933 $102,413
2022 $20,812 $107,346 $4,933 $102,413
2021 $26,258 $136,570 $4,932 $131,638
2020 $22,885 $108,313 $3,452 $104,861
2019 $22,375 $117,538 $3,452 $114,086
2018 $21,996 $117,538 $3,452 $114,086
2017 $25,917 $120,391 $2,762 $117,629
2016 $23,256 $120,391 $2,762 $117,629
2015 $21,580 $120,391 $2,762 $117,629
2014 $18,869 $104,266 $2,219 $102,047
2013 $19,467 $109,663 $2,219 $107,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12109872

Midwest Real Estate Data (MRED)

APN: 17-03-202-061-1011