NOT LISTED FOR SALE

Estimated Value: $818,000 - $930,000

3 Beds
2.5 Baths
1,800 Sq Ft
$1,150/mo HOA Fee

Last Sold January 13, 2023

Last sale price $775,000 $431 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,221/month

34 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Wood Flooring
  • Fitness Center
  • Property is near a park
  • 1-minute walk to Lakeshore East Park

About This Home

As of January 2023

Rarely available and highly sought after CORNER 3 Bedroom/2.5 Bath home at The Lancaster, in the heart of Lakeshore East. High floor unit, flooded with natural light and boundless views of Lake Michigan, Museum Campus, Maggie Daley/Millenium Parks, and the city skyline from the floor-to-ceiling windows and private balcony. This unit has an UNOBSTRUCTED and protected view of Lakeshore East Park and features beautiful built-in custom millwork and cabinetry throughout this spacious 1,800-square-foot home. Functional split floorplan with spacious primary bedroom, organized walk-in closet, marble bath with dual vanity and separate shower/tub. Expansive park and city views from every single bedroom. Full-amenity building features 24-hour friendly door staff, onsite management, building engineer, sundeck with grilling stations and multiple lounge areas, massive fitness center with 2 Pelotons, amenity room, and bike storage. Just steps away from GEMS World Academy, Village Market/Mariano's, kids playground with separate fenced-in dog park, Pedway, Chicago Riverwalk, Lakefront Trail, Magnificent Mile, the brand new Avli on The Park, and countless other dining/entertainment options. Premium covered garage parking (P-167) INCLUDED. Request a showing for virtual or in-person showings now!

Last Agent to Sell the Property

Sheetal Balani

Compass License #475155786 Listed on: 11/15/2022

Compass

Last Buyer's Agent

Bo Xu

Corcoran Urban Real Estate License #475174024

Corcoran Urban Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,222

Year Built

  • Built in 2005

Lot Details

  • 0.74

HOA Fees

  • $1,150 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 150 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Waterfront
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 207 Units
  • Josi Gines Association, Phone Number (312) 228-9701
  • High-Rise Condominium
  • Lancaster Subdivision, Arabella Floorplan
  • Property managed by Sudler

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,222

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Lancaster
  • Year Built: 2005
  • Age: 16-20 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: 18
  • Special Service Area Fee: 1800
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s), Bookcases, Special Millwork
  • LivingArea: 1800
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 859000
  • Lot Features: Park Adjacent, Water View
  • Waterfront: Yes
  • Exterior Building Type: Glass

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 150 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 1150
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Elevator(s), Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Josi Gines
  • Management Phone: 312-228-9701
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: Y

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: 15222
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 30, 2022
Sold by
Gilad Yoav and Gauhar Zareen
Bought by
Cooklev Steven Todorov and Feng Jacqueline
Seller's Agent
Sheetal Balani
Compass
Buyer's Agent
Bo Xu
Corcoran Urban Real Estate
List Price
$859,000
Sold Price
$775,000
Premium/Discount to List
-$84,000
-9.78%
Views
14
Current Estimated Value
$861,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,451
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Nov 9, 2012
Sold by
Coveny Susan
Bought by
Gilad Yoav and Gauhar Zareen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 7, 2005
Sold by
The Lancaster Development Group Llc
Bought by
Coveny Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cooklev Steven Todorov $775,000 Chicago Title
Cooklev Steven Todorov $775,000 Chicago Title
Gilad Yoav $740,000 Tek Title Llc
Coveny Susan $768,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilad Yoav $400,000
Previous Owner Gilad Yoav $578,500
Previous Owner Gilad Yoav $87,500
Previous Owner Coveny Susan $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $775,000 -9.8% $431 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $859,000 -- $477 / 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 $16,953 $79,367 $4,178 $75,189
2023 $15,823 $80,352 $3,375 $76,977
2022 $15,823 $80,352 $3,375 $76,977
2021 $15,707 $81,441 $3,374 $78,067
2020 $15,222 $71,434 $3,051 $68,383
2019 $14,946 $77,819 $3,051 $74,768
2018 $14,693 $77,819 $3,051 $74,768
2017 $13,094 $64,201 $2,525 $61,676
2016 $12,359 $64,201 $2,525 $61,676
2015 $11,284 $64,201 $2,525 $61,676
2014 $10,630 $59,861 $2,325 $57,536
2013 $10,887 $59,861 $2,325 $57,536
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11673200

Midwest Real Estate Data (MRED)

APN: 17-10-400-031-1113