NOT LISTED FOR SALE

Estimated Value: $517,027 - $792,000

2 Beds
2 Baths
1,420 Sq Ft
2.38 Acres

Last Sold July 12, 2018

Last sale price $580,000 $408 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,892/month

Highlights

  • Doorman
  • Wood Flooring
  • Party Room
  • Fitness Center
  • Community Indoor Pool
  • 2-minute walk to Jane Byrne Plaza

About This Home

As of July 2024

Available furnished. Stunning renovation of east facing two-bedroom two-bath condominium at the iconic building formerly named The John Hancock. Direst east views overlooking neighboring high-rises capture Lake Michigan and Navy Pier. Medium-blonde wide plank floors and neutral-colored finishes set the foundation of the modern aesthetic. Kitchen is a complete renovation down to the studs, finished in 2017. New enlarged cabinetry with built-in features including corner Lazy Susan, double cutlery and knife drawers were installed. Custom solid glass backsplash, granite countertops with granite-coated sink and brushed stainless hardware are some of the distinctive details added. Bathrooms are outfitted with new euro-style wood hanging vanities with four-inch tops, new tiles and brushed stainless hardware. Primary bathroom boosts custom wood shelving and pocket entry door. Closets are customized with high-end organizational finishes including solid metal pullout drawers to maximize storage. Newer window HVAC units and newer wall thermostats were included in the recent renovation. There are two operable windows to catch a lake breeze. Building amenities include twenty-four-hour door staff, sky lobby, fitness center, indoor pool, management office, on-site dry cleaners, receiving room, attached parking garage and Potash grocery store. North Michigan Avenue location is close to world class shopping and dining, Oak Street Beach, and all forms of transportation.

Last Agent to Rent the Property

Kevin Snow

Compass License #471017865 Listed on: 06/07/2024

Compass

Last Renter's Agent

Kevin Snow

Compass License #471017865 Listed on: 06/07/2024

Compass

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1969 | Remodeled in 2017

Lot Details

  • 2.38

Parking

  • 2 Car Attached Garage
  • Leased Parking

Interior Spaces

  • 1,420 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 6/15/24
  • Rent includes cable TV, pool, scavenger, security, doorman, exterior maintenance, snow removal, wi-fi

Community Details

Overview

  • 705 Units
  • Jennie Kobzarev Association, Phone Number (312) 944-0200
  • Property managed by Sudler
  • 100-Story Property

Amenities

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

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Year Built

Built in 1969 | Remodeled in 2017

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-06-15
  • Lease Amount: 375
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 4000
  • Is Parking Included in Price: No
  • Fees/Approvals: Credit Report,Move-in Fee,Move Out Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1969
  • Age: 51-60 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: 69
  • Rehab Year: 2017
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 100
  • Year Renovated: 2017

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1420
  • Room Type: No additional rooms
  • Stories Total: 100
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • 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: Glass,Clad Trim

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Indoor Pool, Receiving Room, Service Elevator(s)
  • Rent Includes: Cable TV, Pool, Scavenger, Security, Doorman, Exterior Maintenance, Snow Removal, Wi-Fi
  • Management: Manager On-site,Monday through Friday
  • Management Company: Sudler
  • Management Contact Name: Jennie Kobzarev
  • Management Phone: 312-944-0200

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 6, 2018
Sold by
Butler Brian C and Butler Laura J
Bought by
Akhtar Adil
Seller's Agent
Doug Harter
Baird & Warner
Buyer's Agent
Kevin Snow
Compass
List Price
$699,000
Sold Price
$580,000
Premium/Discount to List
-$119,000
-17.02%
Current Estimated Value
$603,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,827
Avg. Annual Appreciation
0.39%
Original Mortgage
$464,000
Outstanding Balance
$399,587
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$197,670

Purchase Details

Listed on
Jul 30, 2015
Closed on
Dec 8, 2015
Sold by
Gable Carolyn J
Bought by
Butler Brian C and Butler Laura J
Seller's Agent
Art Collazo
Jameson Sotheby's Intl Realty
Buyer's Agent
Linda Kramer
Berkshire Hathaway HomeServices Chicago
List Price
$585,000
Sold Price
$565,000
Premium/Discount to List
-$20,000
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$282,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2002
Sold by
Belcaster Carolyn M
Bought by
Gable Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1997
Sold by
Brown Richard M and Flapan Jack
Bought by
Belcaster Carolyn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akhtar Adil $580,000 Baird & Warner Title Service
Butler Brian C $565,000 Attorney
Gable Carolyn J $440,000 Ticor Title Insurance
Belcaster Carolyn M $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhtar Adil $464,000
Previous Owner Butler Brian C $282,500
Previous Owner Gable Carolyn J $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Rented $4,000 0.0% --
06/08/2024 06/08/24 Under Contract -- -- --
06/07/2024 06/07/24 For Rent $4,000 +6.7% --
01/28/2022 01/28/22 Rented -- -- --
01/14/2022 01/14/22 Under Contract -- -- --
11/18/2021 11/18/21 For Rent $3,750 0.0% --
07/12/2018 07/12/18 Sold $580,000 -3.2% $408 / Sq Ft View Prior Sale
05/07/2018 05/07/18 Pending -- -- --
04/19/2018 04/19/18 Price Changed $599,000 -4.1% $422 / Sq Ft
01/20/2018 01/20/18 Price Changed $624,900 -3.8% $440 / Sq Ft
10/05/2017 10/05/17 Price Changed $649,900 -3.6% $458 / Sq Ft
08/01/2017 08/01/17 Price Changed $673,900 -3.6% $475 / Sq Ft
05/17/2017 05/17/17 For Sale $699,000 +23.7% $492 / Sq Ft
12/10/2015 12/10/15 Sold $565,000 -3.4% $398 / Sq Ft View Prior Sale
10/08/2015 10/08/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $585,000 -- $412 / 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 $8,850 $42,029 $4,628 $37,401
2024 $8,850 $42,029 $4,628 $37,401
2023 $8,628 $41,947 $3,726 $38,221
2022 $8,628 $41,947 $3,726 $38,221
2021 $8,435 $41,947 $3,726 $38,221
2020 $7,733 $34,713 $2,608 $32,105
2019 $7,568 $37,670 $2,608 $35,062
2018 $6,763 $37,670 $2,608 $35,062
2017 $7,392 $37,713 $2,086 $35,627
2016 $7,053 $37,713 $2,086 $35,627
2015 $6,430 $37,713 $2,086 $35,627
2014 $5,186 $30,518 $1,676 $28,842
2013 $5,072 $30,518 $1,676 $28,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12077430

Midwest Real Estate Data (MRED)

APN: 17-03-220-020-1443