NOT LISTED FOR SALE

Estimated Value: $1,176,483 - $1,434,000

2 Beds
2.5 Baths
2,347 Sq Ft
0.57 Acres

Last Sold September 09, 2013

Last sale price $1,400,000 $597 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,159/month

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Lock-and-Leave Community
  • 1-minute walk to Lakefront Park

About This Home

As of August 2024

Gorgeously light-filled corner residence overlooking Michigan Avenue with views of Bloomingdale's 12th floor gardens. Desired split bedroom floor plan with warm foyer leading to a spacious living & dining room. Eat-in kitchen with Poliform cabinets, granite & quartz counter tops with Subzero and Wolf appliances. Oak floors throughout with generous 9'7" ceilings. 2 Parking spots are included in the price!

Last Agent to Rent the Property

Peter Moore

Baird & Warner License #475148364 Listed on: 07/08/2024

Baird & Warner

Last Renter's Agent

Peter Green

@properties Christie's International Real Estate License #475167162

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,317

Year Built

  • Built in 1929 | Remodeled in 2000

Lot Details

  • 0.57

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Interior Spaces

  • 2,347 Sq Ft Home
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 9/1/24
  • Rent includes water, parking, doorman

Community Details

Overview

  • 99 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • Property managed by Draper & Kramer
  • Lock-and-Leave Community
  • 28-Story Property

Amenities

  • Doorman
  • Steam Room
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$26,317

Year Built

Built in 1929 | Remodeled in 2000

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-09-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 7000
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1929
  • Age: 91-100 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: 12
  • Rehab Year: 2000
  • ResoPropertyType: ResidentialLease
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28
  • Year Renovated: 2000

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2347
  • Other Equipment: TV-Cable, Security System, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 28
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 7000
  • Waterfront: No
  • Exterior Building Type: Marble/Granite,Limestone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Security Door Lock(s), Service Elevator(s), Steam Room, Spa/Hot Tub
  • Rent Includes: Water, Parking, Doorman
  • Management: Manager On-site,Monday through Friday
  • Management Company: Draper & Kramer
  • Management Contact Name: Lynn Stephens
  • Management Phone: 312-255-0159

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2013
Closed on
Sep 5, 2013
Sold by
Sardo Ines Morroni and Sardo Philip Charles
Bought by
East Walton Llc
Seller's Agent
Correna Malyon
@properties Christie's International Real Estate
Buyer's Agent
Peter Moore
Baird & Warner
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Current Estimated Value
$1,313,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,172
Avg. Annual Appreciation
-0.52%

Purchase Details

Closed on
Aug 1, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Sardo Ines Morroni and Ines Morroni Sardo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.57%
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
East Walton Llc $1,400,000 St
Sardo Ines Morroni $1,228,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sardo Ines Morroni $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Rented $7,000 0.0% --
07/24/2024 07/24/24 Under Contract -- -- --
07/18/2024 07/18/24 Price Changed $7,000 -6.7% $3 / Sq Ft
07/08/2024 07/08/24 For Rent $7,500 +25.0% --
08/18/2020 08/18/20 Rented $6,000 -7.7% --
08/13/2020 08/13/20 Under Contract -- -- --
08/08/2020 08/08/20 Price Changed $6,500 -2.6% $3 / Sq Ft
08/05/2020 08/05/20 Price Changed $6,675 -0.4% $3 / Sq Ft
07/30/2020 07/30/20 Price Changed $6,700 -0.7% $3 / Sq Ft
07/09/2020 07/09/20 For Rent $6,750 0.0% --
09/09/2013 09/09/13 Sold $1,400,000 -6.7% $597 / Sq Ft View Prior Sale
06/18/2013 06/18/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $1,500,000 -- $639 / 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 $26,317 $123,357 $6,043 $117,314
2023 $28,696 $124,730 $4,868 $119,862
2022 $28,696 $139,519 $4,868 $134,651
2021 $28,056 $139,518 $4,868 $134,650
2020 $32,878 $147,589 $3,405 $144,184
2019 $32,178 $160,157 $3,405 $156,752
2018 $32,213 $163,074 $3,405 $159,669
2017 $31,231 $145,076 $2,724 $142,352
2016 $29,057 $145,076 $2,724 $142,352
2015 $26,585 $145,076 $2,724 $142,352
2014 $21,513 $115,947 $2,189 $113,758
2013 $21,088 $115,947 $2,189 $113,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12104012

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1052