$230,000
SOLD APR 3, 2023
1 Bed
1 Bath
1,000 Sq Ft
$772/mo HOA Fee

Recently Sold

$230 Per Sq Ft

12% Below List Price

192 Days on Market

Highlights

  • Doorman
  • Community Indoor Pool
  • End Unit
  • Fitness Center
  • Sauna
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of April 2023

Well maintained large and sunny south facing 1 bedroom 1 bathroom condo on the 20th floor is a spacious 1000 sq ft with beautiful views! The newer private balcony features city, MCA and nearby park views. This unit features a newer HVAC system, newer water heater, stainless steel kitchen appliances and a window in the kitchen ideal for ventilation! The carpet flooring has covered beautiful parquet wood flooring for almost 40 years! Located in one of the best pockets of downtown, enjoy local coffee shops and cafes, restaurants, shopping, parks, the lake and trail, all within walking distance! 201 E Chestnut is a well managed building with 24 hour doorman, on-site engineer and management M-F, indoor roof top pool, sundeck, gym and saunas. Enjoy the local summer and fall outdoor farmers market available just steps away. Very pet friendly and some of the least expensive on-site parking in the city for only $185 per month! Additional storage unit included! Bike storage available too. Washer and dryer can be installed in unit. Owners can rent after 1 year. No current special assessments! No rental cap.

Last Agent to Sell the Property

Daniel Slivka

@properties Christie's International Real Estate License #475165722 Listed on: 08/04/2022

@properties Christie's International Real Estate

Co-Listed By

Monica Reilly

@properties Christie's International Real Estate License #475165732

Last Buyer's Agent

Sebastian Vivas

Compass License #475193321

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,977

Year Built

  • Built in 1969

HOA Fees

  • $772 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Heated Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Sliding Doors
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, scavenger, snow removal, internet
  • 120 Units
  • Tom Mahar Association, Phone Number (312) 787-9291
  • Property managed by FS Residential
  • 26-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,977

Year Built

Built in 1969

Lot Details

0

HOA Fees

$772 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 20
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 26

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 1000
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 26
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • List Price: 230000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 772
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Sauna, Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: FS Residential
  • Management Contact Name: Tom Mahar
  • Management Phone: 312-787-9291
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 185
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 000

Tax Info

  • Tax Annual Amount: 4977
  • Tax Year: 2021
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Mar 17, 2023
Sold by
Slack Mort Family Trust
Bought by
Mantilla Carlos Rueda
Seller's Agent
Daniel Slivka
@properties Christie's International Real Estate
Buyer's Agent
Sebastian Vivas
Compass
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$230,000
Outstanding Balance
$224,326
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$34,981

Purchase Details

Closed on
Nov 8, 2016
Sold by
Mort Richard C and Mort Charlene Slack
Bought by
Mort Richard C and Slack Janis C

Purchase Details

Closed on
Jan 7, 1994
Sold by
Goldwater Jeffrey A and Mullan Joan C
Bought by
Mort Richard C and Mort Charlene Slack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
7.29%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $230,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Joint Tenancy Deed $75,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,500 Credit Line Revolving
Open $230,000 New Conventional
Previous Owner $67,100 Unknown
Previous Owner $101,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $259,900 0.0% $248 / Sq Ft
06/04/2025 06/04/25 Price Changed $259,900 +13.0% $248 / Sq Ft
04/03/2023 04/03/23 Sold $230,000 0.0% $230 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $230,000 -4.2% $230 / Sq Ft
11/06/2022 11/06/22 Price Changed $240,000 -2.8% $240 / Sq Ft
10/17/2022 10/17/22 Price Changed $247,000 -1.2% $247 / Sq Ft
08/28/2022 08/28/22 Price Changed $250,000 -3.8% $250 / Sq Ft
08/04/2022 08/04/22 For Sale $260,000 -- $260 / 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 $6,488 $29,877 $3,161 $26,716
2023 $5,058 $30,750 $2,545 $28,205
2022 $5,058 $30,750 $2,545 $28,205
2021 $4,978 $30,749 $2,545 $28,204
2020 $4,891 $27,538 $1,781 $25,757
2019 $4,375 $27,950 $1,781 $26,169
2018 $4,300 $27,950 $1,781 $26,169
2017 $4,295 $26,027 $1,425 $24,602
2016 $4,356 $26,027 $1,425 $24,602
2015 $3,945 $26,027 $1,425 $24,602
2014 $3,605 $23,834 $1,145 $22,689
2013 $3,515 $23,834 $1,145 $22,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11483909

Midwest Real Estate Data (MRED)

APN: 17-03-227-018-1106