$325,000
SOLD SEP 3, 2024

LaSalle Terrace 1540 N Lasalle St Unit 1201-1202 Chicago, IL 60610

Old Town Neighborhood
2 Beds
2 Baths
1,397 Sq Ft
$990/mo HOA Fee

Recently Sold

$233 Per Sq Ft

28% Below List Price

70 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Lock-and-Leave Community
  • End Unit

About This Home

As of September 2024

This spacious 2bed/2bth condo is move in ready! Floor to ceiling windows throughout provide plenty of natural sunlight and wonderful views of the city. Enjoy the view from inside the unit or on the balcony. This unit features a full laundry room, wine cellar and one parking space. Close to shopping, restaurants and public transportation.

Last Agent to Sell the Property

Ayanna Savage

@properties Christie's International Real Estate License #475189637 Listed on: 06/11/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Brittany Ramsey

Coldwell Banker Realty License #475173381

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,768

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $990 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,397 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Balcony

Schools

  • Lincoln Park High School

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 140 Units
  • Dennis Kane Association, Phone Number (773) 472-2300
  • High-Rise Condominium
  • Property managed by Kane Property Management
  • Lock-and-Leave Community
  • 20-Story Property

Amenities

  • Doorman
  • Coin Laundry
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,768

Year Built

Built in 1974

Lot Details

0

HOA Fees

$990 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: 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
  • Unit Floor Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, Laundry Hook-Up in Unit
  • LivingArea: 1397
  • Room Type: Other Room
  • Stories Total: 20
  • 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
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 399000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 990
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Security Door Lock(s), Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Kane Property Management
  • Management Contact Name: Dennis Kane
  • Management Phone: 773-472-2300X220
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels Description: 17042040471079
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • 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: 6767.53
  • Tax Year: 2022

Multi Family

  • Units in Building: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Sep 3, 2024
Sold by
Ching William Che Wai
Bought by
Thaci Avni
Seller's Agent
Ayanna Savage
@properties Christie's International Real Estate
Buyer's Agent
Brittany Ramsey
Coldwell Banker Realty
List Price
$450,000
Sold Price
$325,000
Premium/Discount to List
-$125,000
-27.78%
Views
37
Current Estimated Value
$408,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,424
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Mar 6, 2024
Sold by
Straight Ethan L and Straight Eli L
Bought by
Ching William Che Wai

Purchase Details

Closed on
May 11, 2023
Sold by
Jinn-Feng Living Trust
Bought by
Straight Ethan L and Straight Eli L

Purchase Details

Closed on
Nov 15, 2019
Sold by
Lin Jinn Feng
Bought by
Lin Jinn Feng and Lin Jinn Feng

Purchase Details

Listed on
Nov 11, 2013
Closed on
Jan 1, 2014
Sold by
Drell Jill L and Edward M Cohen 2013 Trust
Bought by
Lin Jinn Feng
Seller's Agent
Enid Winters
Baird & Warner
Buyer's Agent
Benjamin Chou
Priority Realty Co
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$266,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2013
Sold by
Cohen Edward M
Bought by
Cohen Edward M and Edward M Cohen 2013 Trust

Purchase Details

Closed on
Aug 9, 2005
Sold by
Weppner Catherine Margaret
Bought by
Cohen Edward Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
Ezgur Michael H and Ezgur Wendi
Bought by
Weppner Catherine Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
7.04%

Purchase Details

Closed on
Dec 30, 1996
Sold by
The Chicago Trust Company
Bought by
Ezgur Michael and Ezgur Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.66%
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
Warranty Deed $325,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $355,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Warranty Deed $165,000 Multiple
Warranty Deed $95,500 Chicago Title Insurance Co
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $266,250 New Conventional
Previous Owner $132,000 Purchase Money Mortgage
Previous Owner $84,000 Balloon
Previous Owner $76,400 No Value Available
Previous Owner $44,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $325,000 -18.5% $233 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $399,000 -6.1% $286 / Sq Ft
07/09/2024 07/09/24 Price Changed $425,000 -5.6% $304 / Sq Ft
06/09/2024 06/09/24 For Sale $450,000 +26.8% $322 / Sq Ft
01/31/2014 01/31/14 Sold $355,000 +1.4% $263 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
11/11/2013 11/11/13 For Sale $350,000 -- $259 / 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 $2,971 $15,027 $2,697 $12,330
2023 $2,896 $14,081 $2,171 $11,910
2022 $2,896 $14,081 $2,171 $11,910
2021 $2,831 $14,079 $2,170 $11,909
2020 $3,213 $14,425 $1,520 $12,905
2019 $3,145 $15,653 $1,520 $14,133
2018 $3,092 $15,653 $1,520 $14,133
2017 $2,224 $10,333 $1,216 $9,117
2016 $2,070 $10,333 $1,216 $9,117
2015 $1,894 $10,333 $1,216 $9,117
2014 $1,335 $7,196 $547 $6,649
2013 $1,309 $7,196 $547 $6,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12079009

Midwest Real Estate Data (MRED)

APN: 17-04-204-047-1079