NOT LISTED FOR SALE

Estimated Value: $455,000 - $609,000

1 Bed
1 Bath
1,002 Sq Ft
1.24 Acres

Last Sold November 30, 2022

Last sale price $470,000 $469 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,516/month

Highlights

  • Doorman
  • Community Indoor Pool
  • Den
  • Fitness Center
  • Party Room
  • 3-minute walk to Daniel Webster Park

About This Home

As of July 2024

Spectacular opportunity to live in a Rare Highest Floor One Bedroom+den East facing home. This is the highest floor for a 1 bedroom in the entire Museum Park! All floors above have no 1 bedroom condos. Amazing 49th floor unobstructed views of Lake Michigan, Museum Campus, Millennium and Grant Parks! Spectacular glass building with walls of floor to ceiling windows! Open living/dining areas excellent for entertaining. Beautiful granite/stainless open kitchen has oversized breakfast bar. Spacious bedroom is perfect for king size bed. Perfect size den, great for home office. Luxury building with over $5M in reserves. Stunning newly remodeled lobby, two beautiful and impressive party rooms with an attached full kitchen, fireplaces and bar area, indoor and outdoor swimming pools, sundeck with grills, state of art fitness room featuring Techno Gym Equipment. 24/7 door staff, bike storage, storage locker, garage parking. Charging stations for electric cars in front of the building. Assessments include everything except electric. Included heat, gas, water, hi speed 1GB Internet and cable. Steps to transportation, Lake Michigan, city's best parks, shops, restaurants. Parking available for $250 per month.

Last Agent to Rent the Property

Tom Bakritzes

Compass License #475117595 Listed on: 05/06/2024

Compass

Last Renter's Agent

Tom Bakritzes

Compass License #475117595 Listed on: 05/06/2024

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,205

Year Built

  • Built in 2008

Lot Details

  • 1.24

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 1,002 Sq Ft Home
  • Blinds
  • Den
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 7/1/23
  • Rent includes cable TV, heat, water, pool, scavenger, doorman, exterior maintenance, snow removal, air conditioning

Community Details

Overview

  • 286 Units
  • Rhonda Allen Association, Phone Number (312) 583-1101
  • Property managed by First Services Residential
  • 62-Story Property

Amenities

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

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,205

Year Built

Built in 2008

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-07-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2950
  • Security Deposit: 1.5 MO
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 2008
  • Age: 16-20 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: 49
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 1002
  • Room Type: Den
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 2950
  • Waterfront: No
  • Exterior Building Type: Glass

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room
  • Rent Includes: Cable TV, Heat, Water, Pool, Scavenger, Doorman, Exterior Maintenance, Snow Removal, Air Conditioning
  • Management: Manager On-site
  • Management Company: First Services Residential
  • Management Contact Name: Rhonda Allen
  • Management Phone: 312-583-1101

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 16, 2022
Sold by
Zhao Cheng
Bought by
Kim Young and Kim You
Seller's Agent
Vera Perner
Baird & Warner
Buyer's Agent
Tom Bakritzes
Compass
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$504,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,537
Avg. Annual Appreciation
2.89%

Purchase Details

Listed on
May 31, 2018
Closed on
Sep 20, 2018
Sold by
Lee Steven H and Au Lee Erica
Bought by
Zhao Cheng
Seller's Agent
Lisa Huber
Jameson Sotheby's Intl Realty
Buyer's Agent
Whitney Wang
Prospect Equities Real Estate
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.47%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2008
Sold by
Gp 1 Llc
Bought by
Lee Steven H and Au Lee Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.48%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Kim Young $470,000 Chicago Title
Zhao Cheng $500,000 Chicago Title
Lee Steven H $465,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhao Cheng $395,000
Previous Owner Zhao Cheng $400,000
Previous Owner Lee Steven H $319,000
Previous Owner Lee Steven H $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Rented $3,200 +8.5% --
06/09/2024 06/09/24 Under Contract -- -- --
05/06/2024 05/06/24 For Rent $2,950 0.0% --
06/13/2023 06/13/23 Rented $2,950 0.0% --
04/01/2023 04/01/23 Under Contract -- -- --
03/07/2023 03/07/23 For Rent $2,950 0.0% --
11/30/2022 11/30/22 Sold $470,000 -1.1% $469 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $475,000 -5.0% $474 / Sq Ft
09/27/2018 09/27/18 Sold $500,000 -4.7% $499 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $524,900 -2.6% $524 / Sq Ft
05/31/2018 05/31/18 For Sale $539,000 0.0% $538 / Sq Ft
04/10/2017 04/10/17 Rented $2,900 0.0% --
03/22/2017 03/22/17 For Rent $2,900 +5.5% --
06/30/2016 06/30/16 Rented $2,750 +5.8% --
05/28/2016 05/28/16 For Rent $2,600 -- --
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 $9,205 $42,174 $1,935 $40,239
2023 $8,266 $43,485 $1,557 $41,928
2022 $8,266 $43,485 $1,557 $41,928
2021 $8,099 $43,485 $1,557 $41,928
2020 $9,295 $41,723 $1,147 $40,576
2019 $9,099 $45,286 $1,147 $44,139
2018 $8,267 $45,286 $1,147 $44,139
2017 $6,451 $33,343 $942 $32,401
2016 $6,178 $33,343 $942 $32,401
2015 $5,629 $33,343 $942 $32,401
2014 $5,997 $34,893 $870 $34,023
2013 $5,868 $34,893 $870 $34,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12048362

Midwest Real Estate Data (MRED)

APN: 17-22-110-135-1248