NOT LISTED FOR SALE

201 E Delaware Place Unit 1011 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $152,821

-- Bed
1 Bath
450 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 21, 2013

Last sale price $130,000 $289 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,469/month

211 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • 2-minute walk to Jane Byrne Plaza
  • Bar Fridge

About This Home

As of May 2013

Double-Double Studio hotel-condo at the Raffaello. Great unit in the Architecturally significant Raffaello Condo Hotel, least expensive condotel unit in Chicago. Located on Delaware Place, directly behind the John Hancock Center, nestled between lake Michigan and the Mag. Mile. Optional Rental Program available to offset ownership costs when not personally used. Leave your personals in the locked owners closet.

Last Agent to Sell the Property

Andrew Glatz

Crown Heights Realty License #471006346 Listed on: 08/02/2012

Last Buyer's Agent

Lynn Weekley

@properties Christie's International Real Estate License #475112334

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,561

Year Built

  • 1926

Lot Details

  • Corner Lot

HOA Fees

  • $412 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Limestone

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Bar Fridge

Kitchen

  • Microwave
  • Bar Refrigerator

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$2,561

Year Built

1926

Lot Details

0

HOA Fees

$412 per month

Listing Details

  • Unit Floor Number: 10
  • Special Features: 12
  • Stories: 17
  • Year Built: 1926

Interior Features

  • Total # Of Rooms: 1
  • Appliances: Microwave, Refrigerator-Bar
  • Equipment: TV-Cable, TV-Dish, Fire Sprinklers
  • Master Bedroom Level: Not Applicable
  • Primary Bedroom Bath: Full
  • Living Room Level: Main Level
  • Living Room Size: 15X18
  • Living Room Flooring: Carpet
  • Kitchen Type: Pantry-Butler
  • Kitchen Level: Not Applicable

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick, Stone, Limestone
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Heat/Fuel: Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 174
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Sunday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Restaurant, Service Elevator, Valet/Cleaner
  • Assessment/Association Fees: 412

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Svhu A Llc
Bought by
Raffaello Chicago Propco Llc
Current Estimated Value
$152,821

Purchase Details

Closed on
Feb 13, 2019
Sold by
Hoffman Darek
Bought by
Svhu A Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,250,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 2, 2012
Closed on
May 21, 2013
Sold by
Shaffer Samuel M and Shaffer Eric G
Bought by
Hoffman Darek
Seller's Agent
Andrew Glatz
Crown Heights Realty
Buyer's Agent
Lynn Weekley
@properties Christie's International Real Estate
List Price
$139,770
Sold Price
$130,000
Premium/Discount to List
-$9,770
-6.99%

Purchase Details

Closed on
Apr 23, 2007
Sold by
201 East Delaware Llc
Bought by
Shaffer Eric G and Shaffer Samuel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
6.18%
Mortgage Type
Commercial
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
Raffaello Chicago Propco Llc -- None Listed On Document
Raffaello Chicago Propco Llc -- None Listed On Document
Svhu A Llc $125,500 Attorney
Hoffman Darek $130,000 None Available
Shaffer Eric G $263,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raffaello Hotel Investments Llc $29,250,000
Previous Owner Shaffer Eric G $210,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Sold $130,000 -7.0% $289 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
08/02/2012 08/02/12 For Sale $139,770 -- $311 / 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
2023 $2,561 $12,452 $3,244 $9,208
2022 $2,561 $12,452 $3,244 $9,208
2021 $2,504 $12,452 $3,244 $9,208
2020 $3,543 $15,905 $3,244 $12,661
2019 $3,196 $15,905 $3,244 $12,661
2018 $3,142 $15,905 $3,244 $12,661
2017 $2,603 $12,093 $2,359 $9,734
2016 $2,498 $12,470 $2,359 $10,111
2015 $2,194 $11,972 $2,359 $9,613
2014 $2,441 $13,155 $2,359 $10,796
2013 $2,393 $13,155 $2,359 $10,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08129043

Midwest Real Estate Data (MRED)

APN: 17-03-221-012-1100