NOT LISTED FOR SALE

189 E Lake Shore Dr Unit 7E Chicago, IL 60611

Gold Coast Neighborhood

Estimated Value: $1,370,000 - $2,075,000

3 Beds
3.5 Baths
3,800 Sq Ft
0.29 Acres Lot

Sale Details

Date Sold: July 15, 2014

Last sale price $3,100,000 $816 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $15,841 / mo

96 Days on Market

Highlights

  • Doorman
  • Den
  • Formal Dining Room
  • Fitness Center
  • Elevator
  • 1-minute walk to Lakefront Park

About This Home

As of July 2014

Magnificent half floor 3 bedroom on E Lake Shore Drive.The design, layout and finishes of this 3800 ft home is perfection.Expansive living/dining room with North and East windows facing the lake. Fabulous new eat in gourmet kitchen with finest custom cabinetry. Gorgeous master suite with all lake views. 2 additional en suite bedrooms. Large private terrace. 2 car deeded garage parking in building @ addtl 75k each

Last Agent to Sell the Property

Hillary Levy

Baird & Warner License #475126324 Listed on: 12/02/2013

Baird & Warner

Last Buyer's Agent

I.B. Weil

Baird & Warner License #475125222

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,411

Year Built

  • Built in 1929

Lot Details

  • 0.29

HOA Fees

  • $2,960 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,800 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, snow removal
  • 28 Units
  • William C Earle III Association, Phone Number (312) 255-5420
  • Property managed by Legum&Norman,Mid-West
  • 19-Story Property

Amenities

  • Doorman
  • Common Area
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,411

Year Built

Built in 1929

Lot Details

0.29 Acres

HOA Fees

$2,960 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1929
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • Unit Floor Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 3800
  • Room Type: Den, Foyer
  • Stories Total: 19
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • Foundation Details: Block
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 2960
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Management Company: Legum&Norman,Mid-West
  • Management Contact Name: William C Earle III
  • Management Phone: 312-255-5420
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 36410.7
  • Tax Year: 2012

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2020
Sold by
Hughes Julia C
Bought by
Mj Nst 189 Llc
Current Estimated Value
$1,753,309

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jul 9, 2014
Sold by
Reyes David K
Bought by
Hughes Julia C and Julia C Hughes Revocable Trust
Seller's Agent
Hillary Levy
Baird & Warner
Buyer's Agent
I.B. Weil
Baird & Warner
List Price
$3,350,000
Sold Price
$3,100,000
Premium/Discount to List
-$250,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.72%
Original Mortgage
$1,400,000
Interest Rate
2.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2010
Sold by
Berlin Paul F
Bought by
Reyes David K and David K Reyes Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,835,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1997
Sold by
Mayfair Partners Lp
Bought by
Berlin Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mj Nst 189 Llc -- Attorney
Hughes Julia C $3,100,000 First American Title Ins Co
Hughes Julia C $3,100,000 First American Title Ins Co
Reyes David K $2,622,500 Cti
Berlin Paul F $1,445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Julia C $1,400,000
Previous Owner Reyes David K $1,835,750
Previous Owner Berlin Paul F $850,000
Closed Berlin Paul F $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $3,100,000 -7.5% $816 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $3,350,000 -- $882 / 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 $43,790 $225,992 $10,652 $215,340
2024 $43,790 $225,992 $10,652 $215,340
2023 $42,689 $207,548 $8,576 $198,972
2022 $42,689 $207,548 $8,576 $198,972
2021 $41,736 $207,547 $8,576 $198,971
2020 $46,492 $208,702 $6,003 $202,699
2019 $46,734 $232,610 $6,003 $226,607
2018 $49,234 $249,242 $6,003 $243,239
2017 $52,680 $244,718 $4,802 $239,916
2016 $56,909 $288,414 $4,802 $283,612
2015 $52,851 $288,414 $4,802 $283,612
2014 $37,633 $205,401 $3,859 $201,542
2013 $36,879 $205,401 $3,859 $201,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08496509

Midwest Real Estate Data (MRED)

APN: 17-03-208-034-1017

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