NOT LISTED FOR SALE

180 E Pearson St Unit 7204 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $1,625,885 - $2,241,000

2 Beds
4 Baths
3,400 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $1,950,000 $574 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,683/month

64 Days on Market

Highlights

  • Lake Front
  • Whirlpool Bathtub
  • First Floor Utility Room
  • Wood Flooring
  • Steam Shower
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of May 2012

BANK OWNED PENTHOUSE! Outstanding opportunity! Magnificent panoramic lake and city views! Decadent on every level with custom mill work, flooring, and fixtures throughout. Opulent Master Suite with His/Hers Baths and several walk-in closets. Enormous eat-in gourmet kitchen featuring Duel Thermador Ovens, warming drawers and range, Sub-Zero Refrigerators, wine cooler, 2 dishwashers. Full Service-Full Amenity building

Last Listed By

Sophia Worden

Berkshire Hathaway HomeServices Chicago License #475117581 Listed on: 02/01/2012

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $38,824

Year Built

  • 1975

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $3,083 per month

Parking

  • Attached Garage

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • Decorative Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Formal Dining Room
  • First Floor Utility Room
  • Washer and Dryer Hookup
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Location

  • City Lot

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$38,824

Year Built

1975

Lot Details

0

HOA Fees

$3,083 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Attached: High Rise (7+ Stories), Penthouse
  • Unit Floor Level: 72
  • Special Features: 20
  • Stories: 72
  • Year Built: 1975

Interior Features

  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplaces: 2
  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 19X17
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 14X17
  • Second Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Bidet
  • Living Room Level: Main Level
  • Living Room Size: 17X29
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 17X18
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 15X21
  • Kitchen Flooring: Marble
  • Laundry Level: Main Level
  • Laundry Size: 07X09
  • Laundry Flooring: Marble
  • Additional Rooms: Breakfast Room, Foyer, Storage, Utility Room-1st Floor, Walk In Closet
  • Additional Room 1 Name: Breakfast Rm
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 15X10
  • Additional Room 1 Flooring: Marble
  • Additional Room 2 Name: Foyer
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 13X10
  • Additional Room 2 Flooring: Marble
  • Additional Room 3 Name: Walk in Closet
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 05X11
  • Additional Room 4 Name: Walk in Closet
  • Additional Room 4 Level: Main Level
  • Additional Room 4 Size: 07X08
  • Additional Room 5 Name: Utility Room-1st Floor
  • Additional Room 5 Level: Main Level
  • Additional Room 5 Size: 5X5
  • Additional Room 6 Name: Storage
  • Additional Room 6 Level: Main Level
  • Additional Room 6 Size: 7X4

Exterior Features

  • Exterior Building Type: Marble/Granite
  • Exposure: S (South), E (East), City, Lake/Water

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Storage, Health Club, On Site Manager/Engineer, Pool-Indoors, Receiving Room, Security Door Locks, Service Elevator, Valet/Cleaner
  • Assessment/Association Fees: 3083
  • Assessment Includes: Water, Common Insurance, Security, Doorman, TV/Cable, Pool, Exterior Maintenance, Scavenger
  • Master Association Fee: Yes
  • Master Association Fee: 3083

Fee Information

  • Management Company: Lieberman

Schools

  • Elementary School: OGDEN ELEMENTARY SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Water View

Multi Family

  • Total Number Unitsin Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
May 10, 2012
Sold by
The Northern Trust Company
Bought by
Chicago Trust Company Na and Trust #Sbl3442
Seller's Agent
Sophia Worden
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Carla Walker
@properties Christie's International Real Estate
List Price
$2,995,000
Sold Price
$1,950,000
Premium/Discount to List
-$1,045,000
-34.89%
Total Days on Market
64
Current Estimated Value
$2,030,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,295
Avg. Annual Appreciation
-0.27%
Original Mortgage
$1,560,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2011
Sold by
Engerman Lorraine G
Bought by
The Northern Trust Company

Purchase Details

Closed on
Oct 27, 2000
Sold by
The Northern Trust Company
Bought by
Lorraine G Engerman Trust

Purchase Details

Closed on
Dec 16, 1999
Sold by
Marovitz James L and Minow Newton N
Bought by
The Northern Trust Co and Trust #9644

Range of Values:

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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
Chicago Trust Company Na $1,950,000 First American Title
The Northern Trust Company -- None Available
Lorraine G Engerman Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Chicago Trust Company Na $2,155,000
Closed Chicago Trust Company Na $1,520,000
Closed Chicago Trust Company Na $1,550,000
Closed Chicago Trust Company Na $1,560,000
Previous Owner Engerman Lorraine G $3,200,000
Previous Owner Lorraine G Engerman Trust $2,700,000
Previous Owner Engerman Lorraine G $2,500,000
Previous Owner Engerman Lorraine G $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $1,950,000 -26.4% $574 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
04/02/2012 04/02/12 Price Changed $2,649,000 -7.1% $779 / Sq Ft
02/16/2012 02/16/12 Price Changed $2,850,000 -4.8% $838 / Sq Ft
02/01/2012 02/01/12 For Sale $2,995,000 -- $881 / 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
2024 $38,824 $168,707 $11,625 $157,082
2023 $38,824 $188,761 $9,424 $179,337
2022 $38,824 $188,761 $9,424 $179,337
2021 $37,958 $188,759 $9,423 $179,336
2020 $34,134 $153,224 $6,551 $146,673
2019 $33,406 $166,273 $6,551 $159,722
2018 $32,845 $166,273 $6,551 $159,722
2017 $29,533 $137,192 $5,241 $131,951
2016 $27,478 $137,192 $5,241 $131,951
2015 $25,140 $137,192 $5,241 $131,951
2014 $22,125 $119,250 $4,211 $115,039
2013 $22,922 $126,029 $4,211 $121,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07986082

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1259