NOT LISTED FOR SALE

Estimated Value: $612,000 - $623,000

2 Beds
2 Baths
1,235 Sq Ft
0.49 Acres

Highlights

  • Doorman
  • 3-minute walk to Chicago Avenue Station (Red Line)
  • Party Room
  • Fitness Center
  • End Unit
  • Sundeck

About This Home

As of February 2023

Located at the heart of Chicago's vibrant River North neighborhood, 2 E. Erie St. is a spectacular residential high-rise with dynamic architecture and a host of lifestyle amenities. Designed by Vladimir Radunty, unit 2702 is an impressive 2 bed/2 bath that spans 1235 total square feet. Quality finishes and clean lines are evident from moment one, beginning with a fashionable foyer that features honey-hued hardwood floors, deep coat storage and built-in bench seating. The main living/dining space is light, bright, modern and polished, and flaunts a footprint that's perfect for entertaining. Here, floor-to-ceiling windows frame sweeping city and lake views. The living room can accommodate a sizable sectional, features a wall of custom built-ins for media storage and shelf styling, and connects to the balcony. In the open-concept kitchen, custom black cabinetry-including hidden, panel-front appliances-quartz countertops and a single slab backsplash make a sleek statement, while a waterfall island affords counter-height seating for four. Plus, there's a cool corner space by the windows that can flex for dining or serve as a reading nook. The primary bedroom features custom closets and a contemporary ensuite with floating vanity and a glass, walk-in shower. The secondary bedroom has hardwood floors and gets great natural light, and can be set up as a media room, den or WFH office depending on your preference. Additional highlights include designer light fixtures throughout, in-unit laundry, and plenty of storage. Building amenities include bike storage, 24-hour door service, on-site management, a huge sundeck and a fitness center. Close to the Mag Mile and lakefront with endless restaurant/nightlife options outside your front door, 2 E. Erie St., Unit 2702, is all-access living on Chicago's Near North side.

Last Agent to Rent the Property

Ryan Preuett

Jameson Sotheby's Intl Realty License #475145699 Listed on: 01/20/2023

Jameson Sotheby's Intl Realty

Last Renter's Agent

Michael Max

Compass License #475172064

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,678

Year Built

  • Built in 2002

Lot Details

  • 0.49

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,235 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • End Unit

Listing and Financial Details

  • Property Available on 12/1/22
  • Rent includes cable TV, heat, water, parking, scavenger, doorman

Community Details

Overview

  • 254 Units
  • High-Rise Condominium
  • Property managed by Sudler
  • 40-Story Property

Amenities

  • Doorman
  • Sundeck
  • Restaurant
  • Party Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 40 lbs
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,678

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-12-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 4300
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 27
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 1235
  • Room Type: Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 40
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 4300
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Restaurant
  • Rent Includes: Cable TV, Heat, Water, Parking, Scavenger, Doorman
  • Management: Manager On-site,Monday through Friday
  • Management Company: Sudler
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 254

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Dorf Stephen M and Dorf Marla A
Bought by
Dorf Samuel B
Current Estimated Value
$619,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,500
Outstanding Balance
$331,588
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$287,497

Purchase Details

Closed on
Feb 3, 2017
Sold by
Equilink Group Llc
Bought by
Drof Stephen M and Drof Marla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2006
Sold by
Merdinger Steven and Swift David C
Bought by
Equilink Group Llc

Purchase Details

Closed on
May 2, 2005
Sold by
Erie Street Developers Llc
Bought by
Merdinger Steven and Swift David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,650
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dorf Samuel B -- Chicago Title
Drof Stephen M $550,000 Attorney
Equilink Group Llc $480,000 Multiple
Merdinger Steven $431,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorf Samuel B $453,500
Closed Dorf Stephen M $482,500
Closed Drof Stephen M $485,000
Previous Owner Merdinger Steven $266,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Rented $4,300 0.0% --
01/20/2023 01/20/23 For Rent $4,300 -- --
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 $8,678 $43,416 $2,100 $41,316
2023 $8,438 $44,445 $1,702 $42,743
2022 $8,438 $44,445 $1,702 $42,743
2021 $8,267 $44,443 $1,701 $42,742
2020 $8,618 $41,788 $1,306 $40,482
2019 $8,426 $45,367 $1,306 $44,061
2018 $8,962 $45,367 $1,306 $44,061
2017 $8,538 $39,663 $1,112 $38,551
2016 $7,944 $39,663 $1,112 $38,551
2015 $7,268 $39,663 $1,112 $38,551
2014 $5,789 $31,199 $870 $30,329
2013 $5,674 $31,199 $870 $30,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704411

Midwest Real Estate Data (MRED)

APN: 17-10-107-018-1134