NOT LISTED FOR SALE

Estimated Value: $814,575 - $891,000

4 Beds
4 Baths
-- Sq Ft
$2,323/mo HOA Fee

Last Sold November 26, 2018

Last sale price $1,590,000

Est. 49% decrease in value since last sale

Current estimated payment $7,818/month

41 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Steam Shower
  • Spa
  • Whirlpool Bathtub
  • 2-minute walk to Jane Byrne Plaza

About This Home

As of November 2018

Make this "palace in the sky" your home with its unobstructed million dollar views of the Chicago skyline & Lake Michigan! Rare opportunity to live in iconic John Hancock in this extraordinary 88th floor SW corner combined unit, totally renovated floor to ceiling for meticulous living and marvelous entertaining. This 4 BR & 3.5 bath residence has 2 luxurious master en-suites featuring spa-caliber baths with air bubble tub, Roman steam bath, 2 smart toilets and rare full-service laundry room. This home boasts custom cabinetry by Arbor Mills, imported Italian marble & exotic mango wood flooring, crystal lighting fixtures & Kohler plumbing. This gourmet dream kitchen features mother of pearl, natural stone, polished nickel fixtures & high-end appliances. This residence is equipped with "smart home" technology: Control 4 AV, 3 built-in TVs, motorized drapes & electronic lighting. Live in this full amenity building w/ pool, fitness, grocery, post office in the heart of the Magnificent Mile.

Last Agent to Sell the Property

Hala Souman

Rabah Souman Listed on: 09/11/2018

Last Buyer's Agent

Alexa Hara

@properties Christie's International Real Estate License #475166134

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1970 | 2014

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $2,323 per month

Parking

  • Attached Garage

Home Design

  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • Bar Fridge
  • Entrance Foyer
  • Dining Area
  • Storage
  • Washer and Dryer Hookup
  • Sauna

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray

Pool

  • Spa

Location

  • Property is near bus stop
  • City Lot

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Year Built | Renovated

1970 | 2014

Lot Details

0

HOA Fees

$2,323 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Recent Rehab: Yes
  • Disability Access: Yes
  • Disability Access Details: Wheelchair Adaptable
  • Unit Floor Level: 88
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2014
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 96
  • Year Built: 1970
  • Year Renovated: 2014

Interior Features

  • Interior Property Features: Sauna/Steam Room, Hot Tub, Elevator, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X18, On Level: Main Level, Flooring: Marble
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Freezer, Disposal
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Steam Shower, Double Sink, Bidet, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X4, On Level: Main Level, Flooring: Marble
  • Dining Room: Dimensions: 18X12, On Level: Main Level, Flooring: Marble
  • Kitchen Type: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Eating Area, Foyer
  • Master Bedroom: Dimensions: 24X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 2 Name: Eating Area, Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 23X14, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 3: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 4: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Foyer, Dimensions: 19X9, On Level: Main Level, Flooring: Marble
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades

Exterior Features

  • Exterior Building Type: Aluminum Siding, Steel Siding
  • Exposure: S (South), W (West), City, Lake/Water

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • 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, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Pool-Indoors, Receiving Room, Restaurant, Security Door Locks, Service Elevator, Valet/Cleaner
  • Assessment Includes: Water, Common Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 2323
  • Management Contact Name: Jennie Kobzaren
  • Management Phone: 312-944-0200

Fee Information

  • Management Company: Sudler & Company
  • Lease Amount: 370

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Water View
  • Parcel Identification Number: 17032200201662

Multi Family

  • Total Number Unitsin Building: 705
  • Number Stories: 96

Tax Info

  • Taxes: 17446.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2019
Sold by
Krishnamoorthy Raghu and Radhakrishnan Bala R
Bought by
Krishnamoorthy Raghu and Radhakrishnan Bala R
Current Estimated Value
$812,287

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 26, 2018
Sold by
Kocak Mehmet and Souman Hala
Bought by
Krishnamoorthy Raghu and Radhakrishnan Bala R
Seller's Agent
Hala Souman
Rabah Souman
Buyer's Agent
Alexa Hara
@properties Christie's International Real Estate
List Price
$1,790,000
Sold Price
$1,590,000
Premium/Discount to List
-$200,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.39%
Original Mortgage
$1,000,000
Outstanding Balance
$856,070
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$6,545

Purchase Details

Closed on
Jul 9, 2013
Sold by
Bank Of America Na
Bought by
Kocak Mehmet and Souman Hala

Purchase Details

Closed on
Apr 3, 2012
Sold by
Zaide Eva V and Bac Home Loans Servicing Lp
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 16, 1996
Sold by
Ratner Gerald and Hanson Robert F
Bought by
Zaide Rogelio R and Zaide Eva V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.24%
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
Krishnamoorthy Raghu -- Attorney
Krishnamoorthy Raghu $1,590,000 Old Republic Title
Kocak Mehmet $700,000 Premier Title
Bank Of America Na -- None Available
Zaide Rogelio R $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krishnamoorthy Raghu $1,000,000
Previous Owner Zaide Rogelio R $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $1,590,000 -11.2% --
10/22/2018 10/22/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $1,790,000 -- --
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 $15,318 $72,743 $8,010 $64,733
2024 $15,318 $72,743 $8,010 $64,733
2023 $14,933 $72,601 $6,449 $66,152
2022 $14,933 $72,601 $6,449 $66,152
2021 $14,599 $72,600 $6,449 $66,151
2020 $13,384 $60,080 $4,514 $55,566
2019 $13,099 $65,198 $4,514 $60,684
2018 $12,879 $65,198 $4,514 $60,684
2017 $14,052 $65,274 $3,611 $61,663
2016 $13,074 $65,274 $3,611 $61,663
2015 $11,961 $65,274 $3,611 $61,663
2014 $9,801 $52,822 $2,902 $49,920
2013 $9,607 $52,822 $2,902 $49,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10080134

Midwest Real Estate Data (MRED)

APN: 17-03-220-020-1662