NOT LISTED FOR SALE

180 E Pearson St Unit 5402 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,447,000 - $2,061,188

3 Beds
3 Baths
2,975 Sq Ft
$596/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $1,460,000 $491 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $14,559/month

251 Days on Market

Highlights

  • Lake Front
  • Gallery
  • Attached Garage
  • Whirlpool Bathtub
  • Formal Dining Room
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of August 2013

Tastefully renovated 2975 sf 3br, 3ba home with beautiful woods, marble & granite. Large gourmet kitchen open to dining room. Large mbth w/multi spray shower & whirlpool tub. 3rd br/library w/French doors to LR. Hardwood floors. Crown molding. Wonderful views of lake, shore and city. Prestige building with excellent services plus amenities of Ritz Hotel/Carlton Club.

Last Agent to Sell the Property

Daphne McDougall

Baird & Warner License #475125071 Listed on: 11/07/2012

Last Buyer's Agent

Daniel Rose

Improve, LLC License #471001024

Property Details

Home Type

  • Other

Year Built

  • 1975

Lot Details

  • 1.77

HOA Fees

  • $2,625 per month

Parking

  • Attached Garage
  • Heated Garage

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • Formal Dining Room
  • Gallery

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Utilities

  • Zoned Heating
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Lake Front
  • City Lot

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Year Built

1975

Lot Details

0

HOA Fees

$2,625 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo, High Rise (7+ Stories)
  • Unit Floor Level: 54
  • Special Features: None
  • Stories: 72
  • Year Built: 1975

Interior Features

  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Number Of Rooms: 6
  • Equipment: TV-Cable, Fire Sprinklers
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X17
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 14X17
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 15X17
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Living Room Level: Main Level
  • Living Room Size: 17X26
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X17
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 23X12
  • Additional Rooms: Gallery
  • Additional Room 1 Name: Gallery
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 11X10
  • Additional Room 1 Flooring: Marble

Exterior Features

  • Exterior Building Type: Marble/Granite
  • Exposure: N (North), City, Lake/Water

Garage/Parking

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

Utilities

  • Cooling: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Radiant, Zoned

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Storage, Health Club, Pool-Indoors, Receiving Room, Service Elevator
  • Assessment/Association Fees: 2625
  • Assessment Includes: Water, Common Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Fee Information

  • Management Company: Lieberman Management
  • Lowest Parking Fee: 365
  • Highest Parking Fee: 510

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2012
Closed on
Aug 22, 2013
Sold by
Quinn Thomas H and Quinn Diane G
Bought by
Mccann Donald C and Mccann Anastatia E
Seller's Agent
Daphne McDougall
Baird & Warner
Buyer's Agent
Daniel Rose
Improve, LLC
List Price
$1,945,000
Sold Price
$1,460,000
Premium/Discount to List
-$485,000
-24.94%
Current Estimated Value
$1,771,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,797
Avg. Annual Appreciation
1.57%

Purchase Details

Closed on
Dec 9, 1999
Sold by
Hlepas George
Bought by
Quinn Thomas H and Quinn Diane G

Purchase Details

Closed on
Apr 23, 1999
Sold by
Gordon James A
Bought by
Hlepas George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.95%

Purchase Details

Closed on
Nov 30, 1998
Sold by
Bank Of American Nt & Sa
Bought by
Gordon James A and James Gordon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.93%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Dowd John C
Bought by
Bank Of America Nt & Sa and William Y Hutchinson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
7.6%

Purchase Details

Closed on
Jun 27, 1995
Sold by
Gargiulo William R and Gargiulo June S
Bought by
Dowd John C
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
Mccann Donald C $1,460,000 Multiple
Quinn Thomas H $1,850,000 --
Hlepas George $1,125,000 --
Gordon James A $1,125,000 --
Bank Of America Nt & Sa $995,000 --
Dowd John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hlepas George $840,000
Previous Owner Gordon James A $840,000
Previous Owner Bank Of America Nt & Sa $764,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2013 08/28/13 Sold $1,460,000 -8.2% $491 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
06/06/2013 06/06/13 Price Changed $1,590,000 -3.0% $534 / Sq Ft
04/22/2013 04/22/13 Price Changed $1,640,000 -6.3% $551 / Sq Ft
03/07/2013 03/07/13 Price Changed $1,750,000 -5.4% $588 / Sq Ft
02/10/2013 02/10/13 Price Changed $1,850,000 -4.9% $622 / Sq Ft
11/07/2012 11/07/12 For Sale $1,945,000 -- $654 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $32,585 $138,040 $9,512 $128,528
2024 $32,585 $138,040 $9,512 $128,528
2023 $31,765 $154,440 $7,710 $146,730
2022 $31,765 $154,440 $7,710 $146,730
2021 $31,056 $154,439 $7,710 $146,729
2020 $27,929 $125,371 $5,360 $120,011
2019 $27,334 $136,048 $5,360 $130,688
2018 $26,874 $136,048 $5,360 $130,688
2017 $24,165 $112,253 $4,288 $107,965
2016 $22,483 $112,253 $4,288 $107,965
2015 $20,570 $112,253 $4,288 $107,965
2014 $18,104 $97,573 $3,446 $94,127
2013 $18,755 $103,120 $3,446 $99,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08215802

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1148