M
Landlord's Agent in 2025
Marion Valle
Valle Realty
(312) 806-4201
3 in this area
20 Total Sales
111 East Chestnut Condominium 111 E Chestnut St Unit 55B Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $327,000 - $460,000
1
Bed
1
Bath
1,000
Sq Ft
0.65
Acres
Highlights
- Doorman
- 5-minute walk to Chicago Avenue Station (Red Line)
- Community Pool
- Fitness Center
- Sauna
- 1-minute walk to Connors Park
About This Home
As of March 2025Completely upgraded one bedroom on a high floor looking west. Wood floors and SS appliances. Upgrades was completed by owner for their use and have now moved to a larger unit. Now vacant. Showing key at front desk/
Condo Details
Home Type
- Condominium
Year Built
- Built in 1972
Lot Details
- 0.65
Parking
- 100 Car Attached Garage
- Garage Transmitter
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Carpet
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Heating Available
- Lake Michigan Water
Listing and Financial Details
- Security Deposit $2,300
- Property Available on 8/8/24
- Rent includes cable TV, water, pool, doorman, exterior maintenance, snow removal
- 12 Month Lease Term
Community Details
Overview
- 444 Units
- Sara Association, Phone Number (312) 649-9600
- Property managed by Sudler
- 57-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Sauna
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2006
Sold by
Chestnut Holding Lp
Bought by
Marrone Philip and Marrone Silvana
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$117,808
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,754
Purchase Details
Closed on
Jun 26, 2000
Sold by
Marrone Philip and Marrone Silvana
Bought by
Chestnut Holdings Ltd Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,759
Interest Rate
8%
Purchase Details
Closed on
May 14, 1997
Sold by
Chestnut Street Holdings Llc
Bought by
Marrone Philip R and Marrone Silvana
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 |
|---|---|---|---|
| Marrone Philip | -- | Law Title Insurance | |
| Chestnut Holdings Ltd Partnership | -- | -- | |
| Marrone Philip R | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marrone Philip | $200,000 | |
| Previous Owner | Chestnut Holdings Ltd Partnership | $397,759 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Rented | $2,300 | 0.0% | -- |
| 01/23/2025 01/23/25 | Under Contract | -- | -- | -- |
| 01/15/2025 01/15/25 | Price Changed | $2,300 | -4.2% | $2 / Sq Ft |
| 12/23/2024 12/23/24 | Price Changed | $2,400 | -4.0% | $2 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $2,500 | -2.0% | $3 / Sq Ft |
| 10/26/2024 10/26/24 | Price Changed | $2,550 | -3.8% | $3 / Sq Ft |
| 10/09/2024 10/09/24 | Price Changed | $2,650 | +3.5% | $3 / Sq Ft |
| 10/09/2024 10/09/24 | Price Changed | $2,560 | -6.9% | $3 / Sq Ft |
| 08/29/2024 08/29/24 | Price Changed | $2,750 | -3.5% | $3 / Sq Ft |
| 08/17/2024 08/17/24 | Price Changed | $2,850 | -3.4% | $3 / Sq Ft |
| 08/08/2024 08/08/24 | For Rent | $2,950 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $6,644 | $33,611 | $1,703 | $31,908 |
| 2024 | $6,644 | $33,611 | $1,703 | $31,908 |
| 2023 | $6,477 | $31,492 | $1,371 | $30,121 |
| 2022 | $6,477 | $31,492 | $1,371 | $30,121 |
| 2021 | $6,333 | $31,491 | $1,371 | $30,120 |
| 2020 | $7,021 | $31,516 | $959 | $30,557 |
| 2019 | $6,871 | $34,200 | $959 | $33,241 |
| 2018 | $6,756 | $34,200 | $959 | $33,241 |
| 2017 | $6,249 | $29,030 | $767 | $28,263 |
| 2016 | $5,814 | $29,030 | $767 | $28,263 |
| 2015 | $5,320 | $29,030 | $767 | $28,263 |
| 2014 | $4,645 | $25,036 | $617 | $24,419 |
| 2013 | $4,553 | $25,036 | $617 | $24,419 |
Source: Public Records
Agents Affiliated with this Home
-
Marion Valle
-
Hector Castaneda
Tenant's Agent in 2025
Hector Castaneda
Open Path Realty
(773) 316-5781
16 Total Sales
About 111 East Chestnut Condominium
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12134133
APN: 17-03-225-078-1419
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