Seller's Agent in 2023
Eugene Fu
@ Properties
(312) 804-3738
16 in this area
380 Total Sales
Towers Condominium 1221 N Dearborn St Unit 604S Chicago, IL 60610
Gold Coast NeighborhoodEstimated Value: $421,000 - $507,000
2
Beds
2.5
Baths
1,665
Sq Ft
$1,309/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Clark/Division Station
- Fitness Center
- Lincoln Park High School Rated A
- Water Views
- 4-minute walk to Goudy (William) Square Park
About This Home
As of May 2023HIGHLY UPGRADED DUPLEX IN THE HEART OF THE GOLD COAST- steps from world class dining/ entertainment!! RARE 3 bedrooms- One of the LARGEST FLOOR-PLANS in the building!! Wide open floor plan faces East for PLENTY OF SUNLIGHT THROUGHOUT! Beautiful custom kitchen flows seamlessly into the dining room with matching molding details and up-lighting. Designer kitchen has Sub-Zero/ Viking appliances, tons of storage, breakfast bar with custom matching finishes, and granite countertops. MASSIVE Living Room complete with custom built-in shelving and a Wet Bar makes it a perfect space for entertaining guests! Primary bath offers corner Whirlpool Tub, separate shower, and tiling throughout. In-unit W/D. Full amenity building provides 24/7 door staff, fitness center, roof-top pool with retractable roof, sundeck, and an entertainment room complete with kitchen. Steps from Michigan Ave, public transit, restaurants, and Oak Street Beach!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475133483 Listed on: 01/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,871
Year Built
- Built in 1974
Lot Details
- 0.66
HOA Fees
- $1,309 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Transferrable Lease on Garage
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,665 Sq Ft Home
- Wet Bar
- Bar Fridge
- Family Room
- Living Room
- Formal Dining Room
- Den
- Storage Room
- Water Views
Kitchen
- Range with Range Hood
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
Utilities
- Zoned Heating and Cooling
- 3+ Cooling Systems Mounted To A Wall/Window
- Individual Controls for Heating
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 197 Units
- Nancy Spira Association, Phone Number (312) 951-1221
- High-Rise Condominium
- Property managed by Associa
- 19-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2023
Closed on
Apr 17, 2023
Sold by
Schiff Michael
Bought by
Chinimilli Vivek and Putumbaka Rushil
Seller's Agent
Eugene Fu
@properties Christie's International Real Estate
Buyer's Agent
Lauren Mitrick Wood
Compass
List Price
$389,000
Sold Price
$342,000
Premium/Discount to List
-$47,000
-12.08%
Views
37
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
$126,603
Avg. Annual Appreciation
15.10%
Original Mortgage
$273,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2022
Sold by
Unknown and Trolinger Ana O
Bought by
Ajol Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 15, 2021
Closed on
Jan 27, 2022
Sold by
Capriccio Christy
Bought by
Schiff Michael
Seller's Agent
Santiago Valdez
Compass
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$399,000
Sold Price
$399,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$279,300
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 15, 2021
Closed on
Dec 6, 2021
Sold by
Capriccio Christy
Bought by
Schiff Michael
Seller's Agent
Santiago Valdez
Compass
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$399,000
Sold Price
$399,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 10, 2018
Closed on
Jun 4, 2018
Sold by
Mole Kevin C
Bought by
Capriccio Christy
Seller's Agent
Shannon Raglin
Coldwell Banker Realty
Buyer's Agent
Chris Stefani
Keller Williams ONEChicago
List Price
$425,000
Sold Price
$425,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.78%
Original Mortgage
$382,500
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2007
Sold by
Prieto Julia Reichgott and Prieto Daniel
Bought by
Mole Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Apr 22, 2003
Sold by
Walden David R
Bought by
Prieto Julia Reichgott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
5.86%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 1, 1999
Sold by
Zells Martin B
Bought by
Walden David R
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 |
|---|---|---|---|
| Chinimilli Vivek | $342,000 | Proper Title | |
| Ajol Properties Llc | -- | Citywide Title | |
| Schiff Michael | -- | -- | |
| Schiff Michael | -- | -- | |
| Schiff Michael | -- | -- | |
| Capriccio Christy | $425,000 | Attorney | |
| Mole Kevin | $435,000 | Ticor Title Insurance Co | |
| Prieto Julia Reichgott | $420,000 | Multiple | |
| Walden David R | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chinimilli Vivek | $273,000 | |
| Previous Owner | Schiff Michael | $279,300 | |
| Previous Owner | Schiff Michael | $279,300 | |
| Previous Owner | Capriccio Christy | $375,580 | |
| Previous Owner | Capriccio Christy | $382,500 | |
| Previous Owner | Mole Kevin | $87,000 | |
| Previous Owner | Mole Kevin | $348,000 | |
| Previous Owner | Prieto Julia Reichgott | $322,500 | |
| Previous Owner | Walden David R | $61,250 | |
| Previous Owner | Walden David R | $300,000 | |
| Previous Owner | Walden David R | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $342,000 | -12.1% | $205 / Sq Ft |
| 04/01/2023 04/01/23 | Pending | -- | -- | -- |
| 01/11/2023 01/11/23 | For Sale | $389,000 | -2.5% | $234 / Sq Ft |
| 12/09/2021 12/09/21 | Sold | $399,000 | 0.0% | $240 / Sq Ft |
| 10/21/2021 10/21/21 | Pending | -- | -- | -- |
| 10/15/2021 10/15/21 | For Sale | $399,000 | -6.1% | $240 / Sq Ft |
| 06/06/2018 06/06/18 | Sold | $425,000 | 0.0% | $255 / Sq Ft |
| 04/19/2018 04/19/18 | Pending | -- | -- | -- |
| 04/10/2018 04/10/18 | For Sale | $425,000 | 0.0% | $255 / Sq Ft |
| 08/24/2016 08/24/16 | Rented | $3,500 | +16.7% | -- |
| 07/29/2016 07/29/16 | Off Market | $3,000 | -- | -- |
| 07/26/2016 07/26/16 | For Rent | $3,000 | -- | -- |
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 | $9,121 | $45,224 | $8,500 | $36,724 |
| 2023 | $8,892 | $43,231 | $6,818 | $36,413 |
| 2022 | $8,892 | $43,231 | $6,818 | $36,413 |
| 2021 | $8,871 | $44,115 | $6,818 | $37,297 |
| 2020 | $8,554 | $38,398 | $4,790 | $33,608 |
| 2019 | $8,372 | $41,670 | $4,790 | $36,880 |
| 2018 | $8,231 | $41,670 | $4,790 | $36,880 |
| 2017 | $7,976 | $37,049 | $3,832 | $33,217 |
| 2016 | $7,421 | $37,049 | $3,832 | $33,217 |
| 2015 | $6,789 | $37,049 | $3,832 | $33,217 |
| 2014 | $5,427 | $29,250 | $3,079 | $26,171 |
| 2013 | $5,320 | $29,250 | $3,079 | $26,171 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Elliot Melsness
@ Properties
3 in this area
33 Total Sales
-
Buyer's Agent in 2023
Lauren Mitrick Wood
Compass
(312) 448-4069
8 in this area
636 Total Sales
-
Seller's Agent in 2021
Santiago Valdez
Compass
(773) 858-2410
21 in this area
515 Total Sales
-
Seller Co-Listing Agent in 2021
Elizabeth Pyle
Compass
(312) 391-0792
19 in this area
234 Total Sales
-
Seller's Agent in 2018
Shannon Raglin
Coldwell Banker Realty
(312) 505-9515
1 in this area
30 Total Sales
About Towers Condominium
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11699050
APN: 17-04-224-047-1268
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