$526,000
SOLD NOV 27, 2024
2 Beds
2.5 Baths
1,295 Sq Ft
$946/mo HOA Fee

Recently Sold

$406 Per Sq Ft

1 Day on Market

Highlights

  • Doorman
  • Fitness Center
  • Open Floorplan
  • Water Views
  • Rooftop Deck
  • 1-minute walk to Lakeshore East Park

About This Home

As of November 2024

PRICED AGGRESSIVELY!!! Welcome home to an amazing 2-bedroom, 2.5 bathroom, corner condominium unit on the 20th floor of The Lancaster with stunning northeast views! This area is a hidden gem. It is tucked away in a secluded area overlooking sprawling Lakeshore East Park, immaculate landscaping and dashed with quick lakefront access. It feels like a gated community! Then, the other best part: the unit itself! Walk into an inviting foyer area that opens up to an intelligently designed space with a formal living area, a pretty kitchen and two bedrooms, and an in-unit washer and dryer! Even more thrilling, the entire unit is wrapped in floor-to-ceiling windows, which will have you debating your favorite view with family and friends! The living area features real hardwood floors, recessed lighting, gorgeous city and lake views - and a balcony! Open up that balcony door and catch that perfect breeze, watch the boats drift by, or sit on the balcony and just: daydream. The kitchen is just as dreamy with its 42" maple cabinets, granite countertops chased up to the backsplash and stainless steel appliances: all while overlooking the living space and the outside world. It is amazing! There are also two large bedrooms and both bedrooms have en suites! One bedroom has north views of the city and it is spacious and bright. The second, or primary bedroom, has sprawling east views and an awesome primary bathroom featuring a double vanity, a tub and a shower! This building also features a package receiving room, a 2,500 square foot fitness center, a sundeck with grills and ample outdoor furniture, a rooftop garden, a bike room, a formal lounge room and a 24-hour, on-site property manager. The area has countless dining options, shopping and parks. This unit is remarkable! Easy to show! A 10! Parking is included.

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 09/06/2024

Last Buyer's Agent

Anastasia Skoropad

Compass License #475197555

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,805

Year Built

  • Built in 2005

Lot Details

  • Landscaped Professionally
  • Mature Trees
  • Additional Parcels

HOA Fees

  • $946 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,295 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Outdoor Grill

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, lake rights, internet
  • 206 Units
  • Ken Sullivan Association, Phone Number (312) 751-0900
  • Lancaster Subdivision
  • Property managed by Sudler Management
  • 30-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Business Center
  • Party Room
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Limit on the number of pets

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,805

Year Built

Built in 2005

Lot Details

0

HOA Fees

$946 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
  • Subdivision Name: Lancaster
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 20
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 30

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Doorman, Drapes/Blinds, Granite Counters, Lobby
  • LivingArea: 1295
  • Room Type: No additional rooms
  • Stories Total: 30
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Lot Features: Landscaped, Park Adjacent, Water View, Mature Trees, Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Block,Glass,Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 946
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Valet/Cleaner, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Management
  • Management Contact Name: Ken Sullivan
  • Management Phone: 312-751-0900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17104000311371
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 12805.4
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 27, 2024
Sold by
Hynes Linda Marie
Bought by
Storozhuk Anton
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Anastasia Skoropad
Compass
List Price
$525,000
Sold Price
$526,000
Premium/Discount to List
$1,000
0.19%
Views
27
Current Estimated Value
$538,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,671
Avg. Annual Appreciation
5.13%

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 29, 2021
Sold by
Chow Isabella and Chang Sun C
Bought by
Hynes Linda Marie
Seller's Agent
Ginger Menne
Baird & Warner
Buyer's Agent
Kelly Ladewig
Baird & Warner
List Price
$505,000
Sold Price
$525,000
Premium/Discount to List
$20,000
3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$498,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
The Lancaster Development Group Llc
Bought by
Chang Sun C and Chow Isabella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed $526,000 Chicago Title
Warranty Deed $525,000 Landtrust Title
Warranty Deed $496,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $498,750 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $526,000 +0.2% $406 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $525,000 0.0% $405 / Sq Ft
09/30/2021 09/30/21 Sold $525,000 +4.0% $405 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $505,000 -- $390 / 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 $11,940 $55,898 $2,942 $52,956
2023 $11,640 $56,592 $2,377 $54,215
2022 $11,640 $56,592 $2,377 $54,215
2021 $10,329 $57,359 $2,376 $54,983
2020 $10,517 $50,312 $2,149 $48,163
2019 $10,323 $54,809 $2,149 $52,660
2018 $10,148 $54,809 $2,149 $52,660
2017 $9,007 $45,217 $1,778 $43,439
2016 $8,556 $45,217 $1,778 $43,439
2015 $7,805 $45,217 $1,778 $43,439
2014 $7,346 $42,160 $1,637 $40,523
2013 $7,190 $42,160 $1,637 $40,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12157107

Midwest Real Estate Data (MRED)

APN: 17-10-400-031-1136