NOT LISTED FOR SALE

Estimated Value: $515,000 - $682,000

3 Beds
2 Baths
1,775 Sq Ft
$1,481/mo HOA Fee

Last Sold May 07, 2019

Last sale price $700,000 $394 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,905/month

10 Days on Market

Highlights

  • Attached Garage
  • Entrance Foyer
  • Heated Garage
  • Walk-In Closet
  • Southern Exposure
  • 2-minute walk to Jane Byrne Plaza

About This Home

As of May 2019

A beautiful 1,775 sq. ft., 3 bed/2 bath fully rehabbed home on the 78th floor in iconic John Hancock. This corner unit, flooded with light, faces south and east overlooking other nearby high-rises with panoramic views of Lake Michigan, Navy Pier and dazzling sunsets. The open floor plan has a neutral color palate, while the new kitchen & baths were updated last year. There are hardwood floors throughout, stainless appliances and quartz counters. You will appreciate the functional layout, abundance of kitchen cabinets that maximize storage space, pantry, and spa-like baths. The 3rd bedroom, currently configured as a den, can be returned to a fully enclosed bedroom. Of course, this is an unbeatable Gold Coast location close to shopping, restaurants, Oak Street Beach, all forms of transportation and entertainment options. John Hancock is a full-service building with 24-hr door staff, Sky lobby, indoor pool, fitness center, on-site dry cleaner & Potash grocery.

Last Agent to Sell the Property

Doug Harter

Baird & Warner License #475107018 Listed on: 03/18/2019

Baird & Warner

Last Buyer's Agent

Pat Cohen

Baird & Warner License #475124446

Baird & Warner

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1969 | 2018

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $1,481 per month

Parking

  • Attached Garage
  • Heated Garage

Home Design

  • Steel Siding

Interior Spaces

  • Entrance Foyer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Year Built | Renovated

1969 | 2018

Lot Details

0

HOA Fees

$1,481 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 78
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1969
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 100
  • Year Built: 1969
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 31X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 16X05, On Level: Main Level
  • Additional Room 2 Name: Walk in Closet, Dimensions: 07X05, On Level: Main Level
  • Bedroom 2: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 17X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1775

Exterior Features

  • Exterior Building Type: Steel Siding, Glass
  • Exposure: S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Radiant

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Pool-Indoors, Receiving Room, Restaurant, Service Elevator
  • Assessment Includes: Water, Common Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 1481
  • Management Contact Name: Marcin Wyka
  • Management Phone: 312-944-0200

Fee Information

  • Management Company: Sudler Property Management
  • Lease Amount: 355

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17032200201553

Multi Family

  • Total Number Unitsin Building: 700
  • Number Stories: 100

Tax Info

  • Taxes: 10467.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 3, 2019
Sold by
Hanif Tabassum and Hanif Farhan
Bought by
Braun Jason and Braun Kristin
Seller's Agent
Doug Harter
Baird & Warner
Buyer's Agent
Pat Cohen
Baird & Warner
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$641,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,265
Avg. Annual Appreciation
-2.04%
Original Mortgage
$525,000
Outstanding Balance
$325,593
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$284,309

Purchase Details

Listed on
Dec 6, 2016
Closed on
Jan 31, 2017
Sold by
Chalfen Marc J and Allen Khan Md Revocable Trust
Bought by
Hanif Tabassum
Seller's Agent
Laura Rahilly
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$550,000
Sold Price
$517,500
Premium/Discount to List
-$32,500
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$414,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 19, 1996
Sold by
Kahn Allen
Bought by
Kahn Allen and Allen Kahn Revocable Trust

Purchase Details

Closed on
Jun 29, 1995
Sold by
Diamond Heidi J
Bought by
Kahn Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
6.75%

Purchase Details

Closed on
Nov 19, 1994
Sold by
Mihailovich Walter
Bought by
Diamond Heidi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.75%
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
Braun Jason $700,000 Attorneys Ttl Guaranty Fund
Hanif Tabassum $517,500 Old Republic Title
Kahn Allen -- --
Kahn Allen $317,000 --
Diamond Heidi J $312,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braun Jason $525,000
Previous Owner Hanif Tabassum $414,000
Previous Owner Kahn Allen $253,600
Previous Owner Diamond Heidi J $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2019 05/07/19 Sold $700,000 -6.5% $394 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $749,000 0.0% $422 / Sq Ft
04/19/2018 04/19/18 For Rent $3,500 0.0% --
04/19/2018 04/19/18 Rented $3,500 0.0% --
03/24/2018 03/24/18 Off Market $3,500 -- --
03/22/2018 03/22/18 For Rent $3,500 0.0% --
01/31/2017 01/31/17 Sold $517,500 -5.9% -- View Prior Sale
12/22/2016 12/22/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $550,000 -- --
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 $12,850 $61,024 $6,720 $54,304
2024 $12,850 $61,024 $6,720 $54,304
2023 $12,527 $60,904 $5,410 $55,494
2022 $12,527 $60,904 $5,410 $55,494
2021 $12,247 $60,904 $5,410 $55,494
2020 $11,228 $50,401 $3,787 $46,614
2019 $10,989 $54,694 $3,787 $50,907
2018 $10,804 $54,694 $3,787 $50,907
2017 $11,061 $54,758 $3,029 $51,729
2016 $10,467 $54,758 $3,029 $51,729
2015 $9,554 $54,758 $3,029 $51,729
2014 $7,745 $44,311 $2,434 $41,877
2013 $7,581 $44,311 $2,434 $41,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10311334

Midwest Real Estate Data (MRED)

APN: 17-03-220-020-1553