NOT LISTED FOR SALE

Estimated Value: $814,854 - $895,000

2 Beds
2 Baths
1,700 Sq Ft
$1,556/mo HOA Fee

Last Sold April 25, 2024

Last sale price $795,000 $468 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,528/month

28 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Penthouse
  • Lincoln Park High School Rated A
  • Fitness Center
  • 2-minute walk to Goudy (William) Square Park

About This Home

As of April 2024

Step into refined elegance with this stunning penthouse, meticulously designed for luxurious living in the heart of the prestigious Gold Coast. Originally a 2-bedroom layout, this unit has been transformed into a spacious one-bedroom haven, perfect for entertaining on a grand scale. The living room creates an inviting atmosphere, seamlessly flowing onto a remarkable 42-foot balcony that offers sweeping views of Oak Street Beach and the iconic Navy Pier. Should you desire additional sleeping quarters, effortlessly convert it back to a two-bedroom configuration. Step inside to discover the timeless allure of herringbone hardwood floors adorning the living space, bedroom, and kitchen, creating an ambiance of sophistication and warmth. The elegant bathrooms have been upgraded with marble accents-and the spacious main bedroom has his and her closet and breathtaking lake views. Culinary enthusiasts will delight in the highly upgraded kitchen, equipped with top-of-the-line appliances and boasting a seamless blend of functionality and style. Situated within a meticulously managed building, you'll enjoy convenience and peace of mind. With an array of restaurants and shops steps away, you'll find yourself immersed in the vibrant energy of city living while still being able to retreat to your private sanctuary. Take advantage of the opportunity to experience the epitome of luxury living in one of Chicago's most coveted neighborhoods. Schedule a viewing today and prepare to be enchanted by this exquisite penthouse residence's unparalleled beauty and sophistication.

Last Agent to Sell the Property

Maha Alzeidan

Coldwell Banker Realty License #475166281 Listed on: 02/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Scott Curcio

Baird & Warner License #475142147

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,712

Year Built

  • Built in 1970 | Remodeled in 2016

Lot Details

  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $1,556 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Penthouse

Interior Spaces

  • 1,700 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Outdoor Features

  • Rooftop Deck
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Baseboard Heating
  • 200+ Amp Service
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, lawn care, scavenger, snow removal
  • 179 Units
  • Jen Mcfarlane Association, Phone Number (312) 824-6841
  • High-Rise Condominium
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 35-Story Property

Amenities

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

Recreation

  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,712

Year Built

Built in 1970 | Remodeled in 2016

Lot Details

0

HOA Fees

$1,556 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Penthouse
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 34
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 35
  • Year Renovated: 2016

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1700
  • Other Equipment: TV-Cable, Intercom
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 35
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens, Outdoor Grill, Door Monitored By TV, Cable Access
  • List Price: 849000
  • Lot Features: Corner Lot, Lake Front, Landscaped, Water View
  • Waterfront: Yes
  • Exterior Building Type: Marble/Granite,Concrete,Other

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete,Circular
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Lowest Parking Fee: 250

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air, Baseboard, Sep Heating Systems - 2+
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1556
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Jen McFarlane
  • Management Phone: 312-824-6841
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 285
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 16712
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 26, 2024
Sold by
Hakam Safadi Revocable Trust and Safadi Hakam
Bought by
Bolino Gregory N and Bolino Debra Williams
Seller's Agent
Maha Alzeidan
Coldwell Banker Realty
Buyer's Agent
Scott Curcio
Baird & Warner
List Price
$849,000
Sold Price
$795,000
Premium/Discount to List
-$54,000
-6.36%
Views
42
Current Estimated Value
$860,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,214
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Feb 27, 2019
Sold by
Safadi Malak and Safadi Hakam
Bought by
Safadi Hakam and Hakam Safadi Revocable Trust

Purchase Details

Closed on
Jun 15, 2017
Sold by
Garippa Frank
Bought by
Safadi Malak Mev and Safadi Hakam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2000
Sold by
Cole Taylor Bank
Bought by
Garippa Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.12%

Purchase Details

Closed on
Mar 9, 1994
Sold by
Cole Taylor Bank
Bought by
Cole Taylor Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bolino Gregory N $795,000 Chicago Title
Safadi Hakam -- Attorney
Safadi Malak Mev $820,000 Chicago Title Insurance Comp
Garippa Frank $662,500 First American Title
Cole Taylor Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safadi Malak Mev $425,000
Previous Owner Garippa Frank $291,000
Previous Owner Garippa Frank $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $795,000 -6.4% $468 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $849,000 -- $499 / 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 $17,143 $76,327 $3,796 $72,531
2023 $16,712 $81,253 $3,057 $78,196
2022 $16,712 $81,253 $3,057 $78,196
2021 $16,339 $81,251 $3,056 $78,195
2020 $15,004 $67,351 $2,139 $65,212
2019 $14,684 $73,086 $2,139 $70,947
2018 $14,437 $73,086 $2,139 $70,947
2017 $15,783 $73,316 $1,711 $71,605
2016 $13,827 $73,316 $1,711 $71,605
2015 $12,611 $73,316 $1,711 $71,605
2014 $11,047 $63,942 $1,375 $62,567
2013 $10,810 $63,942 $1,375 $62,567
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11984187

Midwest Real Estate Data (MRED)

APN: 17-03-114-003-1179