$750,000
SOLD MAY 1, 2025

1042 N Orleans St Unit 3 Chicago, IL 60610

River North Neighborhood
2 Beds
2 Baths
1,700 Sq Ft
$250/mo HOA Fee

Recently Sold

$441 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Penthouse
  • Rooftop Deck
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Open Floorplan
  • 2-minute walk to Seward Park

About This Home

As of May 2025

Indoor/outdoor living with the private roof top you've been searching for! Duplex up mid-rise condo at the crossroads of Old Town, Gold Coast & River North. This home's quality features include Pella windows, Nanawall Folding glass doors in penthouse family room leading to 2 private roof top decks providing 360 degree Chicago skyline views, two HVAC systems, a Sonos home sound system, Hunter Douglas electric window blinds, hardwood flooring throughout, stainless steel kitchen appliances, a primary suite with room for a king size bed + furnishings, 2nd bedroom perfect for guests or home office, garage parking with additional storage. The stellar penthouse family room includes a wet bar with dishwasher, refrig & wine refrigerator for entertaining. This space has heated flooring & a gas fireplace for comfort year-round. The penthouse has over 1,000 sq ft of indoor/outdoor living space with Trex composite decking plus privacy glass/stainless steel railings framing your Chicago skyline views. The outdoor kitchen features dedicated water, gas and electricity with a Lion Grill island. The built-in gas fire table plus high-quality deck furniture & planters are included. The garage is oversized with hydraulic cage storage included. Well managed condo association with major projects completed (tuckpointing, roofing, painting) and healthy reserves. Walking distance to some of the best dining options in the Gold Coast, Old Town & River North, shopping, Lake Michigan & Oak Street Beach, excellent schools & public transportation. Next to Chicago Fire Dept. NO SIREN station; CFD repairs their breathing apparatuses in the Historic fire station.

Last Agent to Sell the Property

Rose Leversha

@properties Christie's International Real Estate License #475122913 Listed on: 03/24/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Christopher Lennie

Baird & Warner License #475193405

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,152

Year Built

  • Built in 1890 | Remodeled in 2013

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Bar Fridge
  • Electric Fireplace
  • Window Screens
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Outdoor Kitchen
  • Terrace
  • Fire Pit
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,152

Year Built

Built in 1890 | Remodeled in 2013

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex,Penthouse
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex,Penthouse
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2013

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Other, Humidifier
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1700
  • Other Equipment: Security System, CO Detectors, Water Heater-Gas
  • Room Type: Terrace, Deck
  • Stories Total: 3
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Roof Deck, Outdoor Grill, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 770000
  • OtherStructures: Outdoor Kitchen, Garage(s), Storage
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: NA
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal

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: 999

Tax Info

  • Tax Annual Amount: 18151.82
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Apr 28, 2025
Sold by
Karsten Edward A and Karsten Lisa R
Bought by
Libauskas Jacob D and Osen Lauren P
Seller's Agent
Rose Leversha
@properties Christie's International Real Estate
Buyer's Agent
Christopher Lennie
Baird & Warner
List Price
$770,000
Sold Price
$750,000
Premium/Discount to List
-$20,000
-2.6%
Views
41
Current Estimated Value
$755,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,375
Avg. Annual Appreciation
2.12%
Original Mortgage
$412,500
Outstanding Balance
$411,349
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$344,026
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warranty Deed $750,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $750,000 -2.6% $441 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $770,000 -- $453 / 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 $18,711 $70,320 $18,400 $51,920
2023 $18,219 $92,001 $14,839 $77,162
2022 $18,219 $92,001 $14,839 $77,162
2021 $17,830 $91,999 $14,838 $77,161
2020 $13,510 $63,748 $14,244 $49,504
2019 $12,119 $63,748 $14,244 $49,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12319558

Midwest Real Estate Data (MRED)

APN: 17-04-415-031-1004