Seller's Agent in 2021
Emily Sachs Wong
@ Properties
(312) 613-0022
14 in this area
789 Total Sales
Michigan Place 110 E Delaware Place Unit 2001 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $390,000 - $493,000
2
Beds
2
Baths
1,400
Sq Ft
$1,394/mo
HOA Fee
Highlights
- Penthouse
- Attached Garage
- High-Rise Condominium
- Steam Shower
- Soaking Tub
- 1-minute walk to Connors Park
About This Home
As of October 2021Rarely available sun-drenched 2 BR/2 BA corner penthouse unit with soaring ceiling heights in a highly sought after Gold Coast location. New oversized 6ft wall-to-wall windows let in abundant natural light and provide sweeping views of Michigan Avenue. The entire unit was tastefully remodeled from top to bottom by the current owner, which included installing over $10k in new lighting and Lutron controls, remodeling both bathrooms, installing hardwood floors throughout and increasing the ceiling heights by over a foot in the living room/dining room and 6 inches in the kitchen. The ceilings are unique to this unit as no other unit in the building has or can have these ceiling heights. The kitchen is appointed with high-end Wolf, Subzero and Bosch appliances, 42" real wood cabinetry and granite countertops. The primary bedroom is quite expansive and can easily fit a king-size bed. Spa-like ensuite bathroom features crisp white marble tile, a double vanity and deep soaking tub. The second bedroom is also generously sized and can be used both as an office and home gym. Unwind in the extra wide steam shower with bench, rain shower and heated floors in the second bathroom. Abundant closet space throughout with professionally organized closets by Closet Works. In-unit laundry. Valet rental parking is available in the building for $250 per month. Well run building with healthy reserves. Ideal location - just steps to shopping, dining, public transportation and the lake! Discounted gym memberships available at the Four Seasons and Equinox.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475104005 Listed on: 06/11/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,255
Year Built | Renovated
- 1979 | 2014
Lot Details
- 7,841
HOA Fees
- $1,394 per month
Parking
- Attached Garage
- Leased Parking
Home Design
- Penthouse
- Concrete Block And Stucco Construction
Bedrooms and Bathrooms
- Dual Sinks
- Soaking Tub
- Steam Shower
- Separate Shower
Community Details
Overview
- 69 Units
- Dorothy Gajewska Association, Phone Number (312) 787-1421
- High-Rise Condominium
- Property managed by First Service Residential
Pet Policy
- Pets Allowed
- Pets up to 30 lbs
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2021
Closed on
Oct 1, 2021
Sold by
Schulman James L
Bought by
Kobayashi John and Kobayashi Naoko
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Michael Hoover
Baird & Warner
List Price
$399,000
Sold Price
$387,500
Premium/Discount to List
-$11,500
-2.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,155
Avg. Annual Appreciation
3.86%
Original Mortgage
$310,000
Outstanding Balance
$287,366
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$162,055
Purchase Details
Closed on
Apr 2, 2007
Sold by
Goldschmidt Robert A
Bought by
Schulman James L
Purchase Details
Closed on
Aug 18, 2005
Sold by
Nierenberg Debbie Joyce
Bought by
Goldschmidt Robert A
Purchase Details
Closed on
Jan 31, 2003
Sold by
Bokios George and Bokios Theodora
Bought by
Goldschmidt Robert A and Nierenberg Debbi J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,200
Interest Rate
6.06%
Purchase Details
Closed on
May 29, 2001
Sold by
Ojeda Virginia F
Bought by
Bokios George and Bokios Theodora
Purchase Details
Closed on
Sep 22, 1999
Sold by
Ojeda Virginia F
Bought by
Bokios Steven G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.97%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kobayashi John | $387,500 | Proper Title | |
| Schulman James L | $340,000 | First American | |
| Goldschmidt Robert A | -- | -- | |
| Goldschmidt Robert A | $311,500 | -- | |
| Bokios George | $243,000 | Ticor Title Insurance | |
| Bokios Steven G | $243,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kobayashi John | $310,000 | |
| Previous Owner | Schulman James L | $250,000 | |
| Previous Owner | Schulman James L | $150,000 | |
| Previous Owner | Goldschmidt Robert A | $249,200 | |
| Previous Owner | Goldschmidt Robert A | $249,200 | |
| Previous Owner | Bokios Steven G | $243,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $387,500 | -2.9% | $277 / Sq Ft |
| 09/13/2021 09/13/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $399,000 | -- | $285 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,255 | $36,911 | $4,460 | $32,451 |
| 2023 | $8,048 | $39,127 | $3,696 | $35,431 |
| 2022 | $8,048 | $39,127 | $3,696 | $35,431 |
| 2021 | $8,022 | $39,894 | $3,696 | $36,198 |
| 2020 | $8,480 | $38,068 | $2,513 | $35,555 |
| 2019 | $8,300 | $41,310 | $2,513 | $38,797 |
| 2018 | $8,160 | $41,310 | $2,513 | $38,797 |
| 2017 | $7,919 | $36,787 | $2,010 | $34,777 |
| 2016 | $7,368 | $36,787 | $2,010 | $34,777 |
| 2015 | $6,741 | $36,787 | $2,010 | $34,777 |
| 2014 | $6,270 | $33,794 | $1,615 | $32,179 |
| 2013 | $6,146 | $33,794 | $1,615 | $32,179 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Sachs Wong
-
Michael Hoover
Buyer's Agent in 2021
Michael Hoover
Baird & Warner
(336) 624-7112
5 in this area
91 Total Sales
About Michigan Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11119996
APN: 17-03-211-022-1065
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