NOT LISTED FOR SALE

Estimated Value: $523,000 - $671,554

2 Beds
2 Baths
1,500 Sq Ft
$1,872/mo HOA Fee

Last Sold December 20, 2024

Last sale price $487,500 $325 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,043/month

102 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Lock-and-Leave Community
  • Lincoln Park High School Rated A
  • Waterfront
  • 2-minute walk to Goudy (William) Square Park

About This Home

As of December 2024

Welcome home to 1300 North Lakeshore Drive, one of Chicago's premier addresses. This full-service building boasts exceptional amenities for your convenience, enjoyment and luxurious lifestyle. Step off the elevator into your private foyer and enter this stunning two bedroom/two bath home with breathtaking forever lake views and Chicago's iconic skyline. The residence features high ceilings, wonderful wide layout, east facing balcony, and two well-sized bedrooms. Updated kitchen with beautiful cabinetry, granite counters, stainless appliances and ample storage space. Enjoy breakfast on the balcony as you watch the sunrise over the lake. Large primary bedroom with a nice bath and walk-in closet. Newly updated penthouse floor offers a fitness center, an indoor year-round pool, hot tub, hospitality room with a catering kitchen, and a fantastic roof top deck overlooking the city and the lake. Monthly assessments include everything but electric. Weekly car wash included in the parking rate $302/month and complimentary free guest parking for family, friends, and party guests! In-unit washer/dryer is allowed.

Last Agent to Sell the Property

Natasha Motev

Jameson Sotheby's Intl Realty License #475126668 Listed on: 07/29/2024

Jameson Sotheby's Intl Realty

Co-Listed By

Phoebe Lembeck

Jameson Sotheby's Intl Realty License #475209299

Last Buyer's Agent

Dawn McKenna

Coldwell Banker Realty License #475122904

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,143

Year Built

  • Built in 1974

Lot Details

  • 0.52

HOA Fees

  • $1,872 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 20th floor
  • Brick Exterior Construction
  • Reinforced Caisson Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Ogden Elementary
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Waterfront

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, security, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 141 Units
  • Cathy Horvath Steele Association, Phone Number (312) 642-8100
  • High-Rise Condominium
  • Property managed by Lakeshore Drive Condo Association
  • Lock-and-Leave Community
  • 40-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • No Laundry Facilities
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 80 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,143

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,872 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 20
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Electric Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 1500
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 40
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick, Marble/Granite
  • ExteriorFeatures: Balcony
  • Foundation Details: Reinforced Caisson
  • Roof: Tar/Gravel
  • View: Water
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Heated Garage, On Site, Leased, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: None
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1872
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lakeshore Drive Condo Association
  • Management Contact Name: Cathy Horvath-Steele
  • Management Phone: 312-642-8100
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Security, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Ogden Elementary
  • High School: Lincoln Park High School
  • Middle/Junior School: Ogden Elementary

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 290
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 80

Tax Info

  • Tax Annual Amount: 14142.98
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Dec 18, 2024
Sold by
Benita Takiff Terry Trust and Hlava Kate Terry
Bought by
Kohler Madison
Seller's Agent
Natasha Motev
Jameson Sotheby's Intl Realty
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$565,000
Sold Price
$487,500
Premium/Discount to List
-$77,500
-13.72%
Views
119
Current Estimated Value
$569,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,889
Avg. Annual Appreciation
16.80%
Original Mortgage
$200,000
Outstanding Balance
$198,256
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$371,133

Purchase Details

Closed on
Mar 23, 2017
Sold by
Terry Benita Takiff
Bought by
Terry Benita Takiff and The Benita Takiff Terry Trust

Purchase Details

Closed on
Apr 4, 2003
Sold by
Terry Benita Takiff and Hlava Kate Terry
Bought by
Terry Benita Takiff

Purchase Details

Closed on
Apr 11, 2000
Sold by
Terry Benita Takiff
Bought by
Terry Benita Takiff and Hlava Kate Terry

Purchase Details

Closed on
Jun 14, 1995
Sold by
Goodman Leslie and Rosenberg Leroy
Bought by
Terry Benita
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kohler Madison $487,500 None Listed On Document
Kohler Madison $487,500 None Listed On Document
Terry Benita Takiff -- None Available
Terry Benita Takiff -- --
Terry Benita Takiff -- --
Terry Benita Takiff -- --
Terry Benita $318,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohler Madison $200,000
Closed Kohler Madison $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $487,500 -11.2% $325 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $549,000 -2.8% $366 / Sq Ft
07/29/2024 07/29/24 For Sale $565,000 -- $377 / 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 $14,143 $64,550 $3,964 $60,586
2023 $13,748 $73,000 $3,191 $69,809
2022 $13,748 $73,000 $3,191 $69,809
2021 $13,474 $72,999 $3,191 $69,808
2020 $10,056 $50,726 $2,233 $48,493
2019 $9,819 $55,046 $2,233 $52,813
2018 $9,652 $55,046 $2,233 $52,813
2017 $11,628 $54,015 $1,787 $52,228
2016 $9,961 $54,015 $1,787 $52,228
2015 $9,417 $54,015 $1,787 $52,228
2014 $9,878 $53,242 $1,436 $51,806
2013 $8,864 $53,242 $1,436 $51,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12113565

Midwest Real Estate Data (MRED)

APN: 17-03-108-016-1070