NOT LISTED FOR SALE

Estimated Value: $138,364 - $173,000

Studio
1 Bath
600 Sq Ft
$468/mo HOA Fee

Last Sold March 20, 2024

Last sale price $138,000 $230 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,397/month

3 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Party Room
  • Kenwood Academy High School Rated A-
  • Waterfront
  • Sundeck

About This Home

As of March 2024

Sun-filled 24th floor studio in the prestigious 1700 building. This bright, spacious, luxurious studio bodes tiled kitchen and bathroom, a carpeted great room and breath-taking views of Lake Michigan and the Chicago Skyline! Kitchen and bathroom have been tastefully updated, including a new kitchen sink and white granite countertops. Location, Location, Location! This full amenity building is steps away from the lake, Lake Shore Drive, the Museum of Science and Industry, spectacular restaurants, shops, the Metra train, CTA access and more! The building is also only a 10-minute drive to downtown Chicago, Jackson Park, the Obama Presidential Center, and/or the University of Chicago hospital and school. This well-managed luxury condominium offers a 24-hour doorman, a laundry room, package receiving service, a bike room, an assigned storage room, a penthouse party room, a sundeck, a fitness center, valet parking (for a fee for all condo owners) and a dry cleaners. Studio sold AS-IS.

Last Agent to Sell the Property

Janyth Toye

Coldwell Banker Realty License #475116220 Listed on: 03/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Yunmei Luo

Newlife Realty LLC License #471021733

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1968

Lot Details

  • 1.21

HOA Fees

  • $468 Monthly HOA Fees

Home Design

  • 600 Sq Ft Home
  • Studio
  • Brick Exterior Construction
  • Brick Foundation

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • 1 Full Bathroom
  • Waterfront

Community Details

Overview

  • Association fees include water, insurance, security, doorman, exercise facilities, exterior maintenance, lawn care, snow removal
  • 360 Units
  • Octavia Or Allison Association, Phone Number (773) 324-1701
  • High-Rise Condominium
  • Property managed by Sudler Property Management
  • 38-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,099

Year Built

Built in 1968

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Studio
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 24
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 38

Interior Features

  • Basement: None
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 600
  • Room Type: No additional rooms
  • Stories Total: 38
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Brick/Mortar
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 468
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Property Management
  • Management Contact Name: Octavia or Allison
  • Management Phone: 773-324-1701
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Snow Removal

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 1099
  • Tax Year: 2021

Multi Family

  • Units in Building: 360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 13, 2024
Sold by
Freeman Cheryl
Bought by
Li Shanrong
Seller's Agent
Janyth Toye
Coldwell Banker Realty
Buyer's Agent
Yunmei Luo
Newlife Realty LLC
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%
Views
29
Current Estimated Value
$159,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,091
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 13, 2023
Sold by
Mascot Eric
Bought by
Freeman Cheryl
Seller's Agent
Amy Duong Kim
Compass
Buyer's Agent
Roz Dupiton
Keller Williams ONEChicago
List Price
$132,000
Sold Price
$120,000
Premium/Discount to List
-$12,000
-9.09%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.99%

Purchase Details

Listed on
May 20, 2015
Closed on
Oct 1, 2015
Sold by
Weintraub D Kathryn
Bought by
Mascot Eric
Seller's Agent
Jeanne Spurlock
Compass
Buyer's Agent
Jeanne Spurlock
Compass
List Price
$112,000
Sold Price
$50,000
Premium/Discount to List
-$62,000
-55.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%

Purchase Details

Closed on
Aug 15, 1997
Sold by
Cummings Pamela Kay and Walgren Lucille
Bought by
Weintraub D Kathryn

Purchase Details

Closed on
Sep 29, 1994
Sold by
56Th & Hyde Park Partnership
Bought by
Walgren Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
8.64%
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
Li Shanrong $138,000 Chicago Title
Freeman Cheryl $120,000 None Listed On Document
Freeman Cheryl $120,000 None Listed On Document
Mascot Eric $50,000 Chicago Title Insurance Co
Weintraub D Kathryn $32,333 --
Walgren Lucille $39,500 --
Walgren Lucille $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walgren Lucille $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2024 03/20/24 Sold $138,000 -1.4% $230 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $139,900 +16.6% $233 / Sq Ft
07/28/2023 07/28/23 Sold $120,000 -9.1% $200 / Sq Ft View Prior Sale
06/18/2023 06/18/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $132,000 +164.0% $220 / Sq Ft
10/02/2015 10/02/15 Sold $50,000 0.0% $83 / Sq Ft View Prior Sale
09/18/2015 09/18/15 Pending -- -- --
09/14/2015 09/14/15 Price Changed $50,000 -33.3% $83 / Sq Ft
08/18/2015 08/18/15 Price Changed $75,000 -33.0% $125 / Sq Ft
05/20/2015 05/20/15 For Sale $112,000 -- $187 / 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
2025 $1,160 $9,882 $454 $9,428
2024 $1,160 $9,882 $454 $9,428
2023 $1,105 $8,795 $370 $8,425
2022 $1,105 $8,795 $370 $8,425
2021 $1,099 $8,795 $370 $8,425
2020 $700 $6,243 $292 $5,951
2019 $677 $6,801 $292 $6,509
2018 $665 $6,801 $292 $6,509
2017 $650 $6,393 $241 $6,152
2016 $780 $6,393 $241 $6,152
2015 $1,172 $6,393 $241 $6,152
2014 $1,208 $6,512 $197 $6,315
2013 $1,184 $6,512 $197 $6,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11994066

Midwest Real Estate Data (MRED)

APN: 20-13-102-029-1215