NOT LISTED FOR SALE

Estimated Value: $462,000 - $563,000

2 Beds
2 Baths
1,800 Sq Ft
$1,144/ mo HOA Fee

Last Sold June 21, 2024

Last sale price $545,000 $303 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,965/month

13 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Business Center
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 3-minute walk to Cotton Tail Park

About This Home

As of June 2024

Come check out this fantastic two bedroom/two bath true loft in Dearborn Tower, a unique conversion from a cold storage warehouse with an added modern tower on top. This massive 1800 square foot condo was the developer's original model, combining two units into one, and is the only one that has an elevator that opens directly into it, taking you to the lobby or to the heated garage below, where the deeded parking space (available for $40K) is conveniently located. Featuring a gorgeous skyline view to the north with two balconies to enjoy it from, generous bedrooms, a primary suite with an updated bathroom and wonderful walkthrough custom closet, not to mention a gobsmacking amount of storage. In fact, the large storage room off the bathroom is plumbed for turning it into a steam room if you so desire, or just keep it as an incredibly convenient area to store your things. This full amenity pet friendly building has everything you could hope for: 24 hour door staff, a bright and well-appointed gym, a stunning space with terrace for parties or just hanging out and working from home (while not at home), a business center, a dog run, bike storage and much more! Located right around the corner from Mariano's and convenient to so many shops, restaurants, the CTA/Metra, parks, the lakefront, the museum campus, Soldier Field...really this is what city living is all about. Experience the best of it from this fabulous condo!

Last Agent to Sell the Property

Carrie Weston

Big Shoulders Realty, LLC Listed on: 04/09/2024

Last Buyer's Agent

Renate Martin

Baird & Warner License #475141997

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,955

Year Built

  • Built in 2000

Lot Details

  • 1.74

HOA Fees

  • $1,144 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,800 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
  • 317 Units
  • Andrew Fung Association, Phone Number (312) 949-9197
  • High-Rise Condominium
  • Property managed by FirstService
  • 18-Story Property

Amenities

  • Doorman
  • Sundeck
  • Business Center
  • Party Room
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,955

Year Built

Built in 2000

Lot Details

1.74 Acres

HOA Fees

$1,144 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 9
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1800
  • Room Type: Storage, Foyer, Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 18
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 1144
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Receiving Room, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService
  • Management Contact Name: Andrew Fung
  • Management Phone: 312-949-9197
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 10954.93
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 5, 2024
Sold by
Graeber Richard
Bought by
James Eade Revocable Trust and Eade
Seller's Agent
Carrie Weston
Big Shoulders Realty, LLC
Buyer's Agent
Renate Martin
Baird & Warner
List Price
$529,000
Sold Price
$545,000
Premium/Discount to List
$16,000
3.02%
Views
63
Current Estimated Value
$517,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,102
Avg. Annual Appreciation
-2.87%
Original Mortgage
$100,000
Outstanding Balance
$93,852
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$424,046
Source: Public Records
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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
James Eade Revocable Trust $545,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Eade Revocable Trust $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $545,000 +3.0% $303 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $529,000 -- $294 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $1,164 $3,549 $340 $3,209
2024 $1,164 $3,549 $340 $3,209
2023 $1,135 $5,500 $274 $5,226
2022 $1,135 $5,500 $274 $5,226
2021 $1,109 $5,499 $274 $5,225
2020 $706 $3,168 $224 $2,944
2019 $693 $3,449 $224 $3,225
2018 $681 $3,449 $224 $3,225
2017 $602 $2,798 $185 $2,613
2016 $560 $2,798 $185 $2,613
2015 $513 $2,798 $185 $2,613
2014 $430 $2,318 $164 $2,154
2013 $422 $2,318 $164 $2,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12023478

Midwest Real Estate Data (MRED)

APN: 17-21-210-148-1158

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