NOT LISTED FOR SALE

Estimated Value: $599,000 - $831,000

2 Beds
2 Baths
1,700 Sq Ft
$1,383/mo HOA Fee

Last Sold November 30, 2021

Last sale price $700,000 $412 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,152/month

11 Days on Market

Highlights

  • Penthouse
  • Living Room with Fireplace
  • Circular Driveway
  • Lincoln Park High School Rated A
  • Whirlpool Bathtub
  • Attached Garage

About This Home

As of November 2021

STUNNING PENTHOUSE CONDO IN PREMIER GOLD COAST LOCATION! This spacious 2 bed/2 bath condo offers an open floor plan with floor-to-ceiling windows that provide stunning views and a flood of natural light. Unit was fully renovated in 2016 and upgraded in 2020 to include beautiful hardwood floors and crown molding throughout, updated electrical, in-unit laundry, custom window treatments, and so much more. Increased ceiling height at this penthouse level allows for recessed lighting and this is the only unit in the building with a fireplace! Open concept kitchen includes high-end cabinetry, quartz countertops, stainless steel appliances, and a newly added wet bar complete with a wine fridge and refrigerated drawers. Large primary bedroom features tons of closet space and a fully renovated ensuite bathroom with double vanity, massive shower, soaking tub, and heated floors. This premier building has undergone a complete renovation (lobby, hallways, plumbing, roof, facade, exercise room, pool deck) and offers full amenities, including 24-hour doorman, onsite maintenance team, outdoor pool and sun deck, fitness center, entertainment room, and more. Located in the heart of the Gold Coast, you are just steps from the lake, shopping, restaurants, nightlife, public transportation, and everything else that this wonderful city has to offer. Hurry, this one won't last long!

Last Agent to Sell the Property

Steve Zaleski

Compass License #475159790 Listed on: 09/30/2021

Compass

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,101

Year Built | Renovated

  • 1975 | 2016

Lot Details

  • 0.38

HOA Fees

  • $1,383 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • Blinds
  • Bay Window
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 75 Units
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,101

Year Built | Renovated

1975 | 2016

Lot Details

0

HOA Fees

$1,383 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Penthouse
  • Property Sub Type: Condo,Penthouse
  • 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): Yes
  • Unit Floor Level: 22
  • Rehab Year: 2016
  • Directions: Burton & State Parkway west side of street
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: The Brownstone
  • Special Features: None
  • Year Built: 1975
  • Year Renovated: 2016

Interior Features

  • Appliances: Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven, Range Hood
  • Has Basement: None
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Bay Window(s),Blinds
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Bookcases, Open Floorplan, Drapes/Blinds
  • Dining Room Type: Foyer
  • Stories: 22

Exterior Features

  • Exterior Features: Roof Deck, End Unit
  • Exterior Building Type: Brick
  • Lot Features: Landscaped
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Circular
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: TBD
  • Management Contact Name: TBD
  • Management Phone: 000-000-0000
  • Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Laundry, Elevator(s), Security
  • Association Fee: 1383
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Units in Building: 75

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 10804.04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 30, 2021
Sold by
Mersch Michael and Mersch Jenna
Bought by
Susman Paula
Seller's Agent
Steve Zaleski
Compass
Buyer's Agent
Non Member
NON MEMBER
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$710,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,930
Avg. Annual Appreciation
-0.62%

Purchase Details

Closed on
Nov 26, 2017
Sold by
Kowan Kimberly L and Kowan Joseph O
Bought by
Mersch Michael and Shemky Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 1, 2012
Closed on
Nov 13, 2012
Sold by
Levin Robert B
Bought by
Waichulis Limberly L
Seller's Agent
Jennifer Ames
Engel & Voelkers Chicago
Buyer's Agent
Jolyn Waichulis
Coldwell Banker Realty
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$416,250
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2012
Sold by
Erickson Bruce E
Bought by
Levin Robert B

Purchase Details

Closed on
Jul 26, 2004
Sold by
Werhane Patricia H
Bought by
Erickson Bruce E and Erickson Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2003
Sold by
Cole Taylor Bank
Bought by
Werhane Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.3%
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
Susman Paula $700,000 --
Susman Paula $700,000 --
Mersch Michael $712,500 Fidelity National Title
Waichulis Limberly L $555,000 None Available
Levin Robert B $325,500 None Available
Erickson Bruce E $612,500 Chicago Title Insurance Comp
Werhane Patricia H $590,000 Agtf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mersch Michael $712,500
Previous Owner Waichulis Limberly L $416,250
Previous Owner Erickson Bruce E $490,000
Previous Owner Erickson Bruce E $91,875
Previous Owner Werhane Patricia H $100,000
Previous Owner Werhane Patricia H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $700,000 -6.7% $412 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $750,000 +35.1% $441 / Sq Ft
11/14/2012 11/14/12 Sold $555,000 -7.3% $326 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $599,000 -- $352 / 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 $10,101 $51,102 $6,092 $45,010
2023 $10,403 $51,192 $4,905 $46,287
2022 $10,403 $54,000 $4,905 $49,095
2021 $10,189 $53,999 $4,904 $49,095
2020 $10,804 $51,601 $3,433 $48,168
2019 $10,561 $55,995 $3,433 $52,562
2018 $10,382 $55,995 $3,433 $52,562
2017 $10,924 $50,745 $2,746 $47,999
2016 $10,164 $50,745 $2,746 $47,999
2015 $9,299 $50,745 $2,746 $47,999
2014 $8,299 $44,728 $2,207 $42,521
2013 $8,135 $44,728 $2,207 $42,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11234341

Midwest Real Estate Data (MRED)

APN: 17-04-211-033-1019