$1,250,000
SOLD NOV 26, 2024

1418 N La Salle Dr Unit 3 Chicago, IL 60610

Old Town Neighborhood
3 Beds
3.5 Baths
2,450 Sq Ft
$570/mo HOA Fee

Recently Sold

$510 Per Sq Ft

7% Below List Price

57 Days on Market

Highlights

  • Home Theater
  • Wood Flooring
  • Elevator
  • Lincoln Park High School Rated A
  • Whirlpool Bathtub
  • Balcony

About This Home

As of November 2024

This 2400 square-foot 3 bed, 3 1/2 bathroom condo in an extra-wide building tucked back on a deep leafy lot, offers quiet luxury in a prime Old Town/Gold Coast location. Built in 2008, with one residence per floor and exquisite attention to classic detail, this home has the solid bones one would expect to find in vintage buildings, while offering all the advantages of modern construction. Features include exclusive elevator access to the unit, wide-plank hardwood floors, crown moldings and a wood burning fireplace with gas starter. This home also boasts 3 en-suite bedrooms with custom closets; including a primary suite with his-and-hers walk in closets and a huge primary bathroom with double sinks, whirlpool tub and oversized shower. The open kitchen is a cook's dream, with loads of storage space, high-end appliances and a large breakfast bar. An amply sized laundry room with new side by side he washer and dryer and a private back porch perched amongst the trees, complete the serene, homey ambiance. One attached garage space (accessed from a heated driveway) included. Located within walking distance of the best dining, shopping, theaters, parks and beaches Old Town, the Gold Coast and Lincoln Park have to offer. Professionally managed. Note the low assessments!

Last Agent to Sell the Property

Barbara Laken

Compass License #475170343 Listed on: 09/09/2024

Compass

Last Buyer's Agent

Sarah Maxwell

@properties Christie's International Real Estate License #471006106

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,729

Year Built

  • Built in 2008

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 2,450 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Balcony

Schools

  • Manierre Elementary School
  • Lincoln Park High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, security, exterior maintenance, scavenger
  • 4 Units
  • Richard Holtzman Association, Phone Number (773) 878-3300
  • Property managed by Prairie Shores Management Company

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,729

Year Built

Built in 2008

Lot Details

0

HOA Fees

$570 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2008
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Theatre Room, First Floor Laundry, Some Wall-To-Wall Cp
  • LivingArea: 2450
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • List Price: 1350000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 570
  • Association Amenities: Bike Room/Bike Trails, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Prairie Shores Management Company
  • Management Contact Name: Richard Holtzman
  • Management Phone: 773-878-3300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Exterior Maintenance, Scavenger, Other

Schools

  • Elementary School: Manierre Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Manierre Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 26729.01
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 18, 2024
Sold by
Trust Number 8002378832 and Chicago Title Land Trust Company
Bought by
Berke James and Spring Katherine
Seller's Agent
Barbara Laken
Compass
Buyer's Agent
Sarah Maxwell
@properties Christie's International Real Estate
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Views
20
Current Estimated Value
$1,298,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,307
Avg. Annual Appreciation
36.55%
Original Mortgage
$1,000,000
Outstanding Balance
$994,761
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$569,525

Purchase Details

Closed on
Aug 21, 2018
Sold by
Shapiro Justin
Bought by
Chicago Title Land Trust Company and Trust Number 8002378832

Purchase Details

Closed on
Apr 16, 2010
Sold by
1418 North La Salle Llc
Bought by
Shapiro Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2007
Sold by
Ysla Ronald L
Bought by
1418 North Lasalle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 29, 2007
Sold by
Mcbride Terry and Mcbride Eve
Bought by
Ysla Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,000
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 2005
Sold by
Danhausen Eldon and Van Ee Andre
Bought by
Mcbride Terry and Mcbride Eve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 2004
Sold by
Danhausen Eldon
Bought by
Danhausen Eldon and Vanee Andre

Purchase Details

Closed on
Oct 25, 1995
Sold by
Danhausen Eldon
Bought by
Danhausen Eldon and The Eldon Danhausen Family Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,250,000 Chicago Title
Deed $1,250,000 Chicago Title
Quit Claim Deed -- Chicago Title
Corporate Deed $845,000 Near North National Title
Quit Claim Deed -- None Available
Warranty Deed $1,550,000 First American Title Ins Co
Warranty Deed $1,550,000 First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,000,000 New Conventional
Previous Owner $602,685 New Conventional
Previous Owner $606,500 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $260,000 Credit Line Revolving
Previous Owner $676,000 Unknown
Previous Owner $2,550,000 Construction
Previous Owner $1,162,000 Unknown
Previous Owner $800,000 Seller Take Back
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $1,250,000 -7.4% $510 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $1,350,000 -- $551 / 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 $26,729 $124,748 $39,794 $84,954
2023 $26,035 $130,000 $32,040 $97,960
2022 $26,035 $130,000 $32,040 $97,960
2021 $25,472 $129,999 $32,040 $97,959
2020 $25,247 $116,434 $22,428 $94,006
2019 $24,696 $126,350 $22,428 $103,922
2018 $24,280 $126,350 $22,428 $103,922
2017 $20,552 $98,846 $17,942 $80,904
2016 $19,798 $98,846 $17,942 $80,904
2015 $18,113 $98,846 $17,942 $80,904
2014 $15,310 $82,517 $8,074 $74,443
2013 $15,008 $82,517 $8,074 $74,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12154001

Midwest Real Estate Data (MRED)

APN: 17-04-205-073-1003