NOT LISTED FOR SALE

Estimated Value: $348,829 - $469,000

1 Bed
1 Bath
710 Sq Ft
$622/mo HOA Fee

Last Sold September 15, 2023

Last sale price $355,000 $500 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,221/month

8 Days on Market

Highlights

  • Doorman
  • Party Room
  • Elevator
  • Fitness Center
  • Sundeck
  • 1-minute walk to Lakeshore East Park

About This Home

As of September 2023

Beautiful East facing and sun filled one bedroom unit at The Lancaster. The only condo building with an entrance into Lake Shore East Park, this building features a state-of-the-art fitness center, 24 hour doorman, lounge, and incredible rooftop sun deck with stunning views of the city, surrounding parks, and Navy Pier. The ultimate location where you can walk to Maggie Daley Park, Millennium Park, the lakefront trail, the Loop, and countless dining options in the area. Luxury finishes include granite counters, stainless steel appliances, marble bath, hardwood floors, balcony overlooking the lake and harbor, in-unit washer/dryer. Parking space additional.

Last Agent to Sell the Property

cheena chandra

Jameson Sotheby's Intl Realty License #475132042 Listed on: 07/28/2023

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Kalina Pon

Compass License #475144744

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,993

Year Built

  • Built in 2004

Lot Details

  • 0.74

HOA Fees

  • $622 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 710 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include water, gas, tv/cable
  • 207 Units
  • Property Manager Association, Phone Number (312) 729-0901
  • High-Rise Condominium
  • Property managed by Lancaster Condo Association
  • 30-Story Property

Amenities

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

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,993

Year Built

Built in 2004

Lot Details

0

HOA Fees

$622 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)
  • Year Built: 2004
  • 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: 21
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 30

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 710
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 30
  • 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

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick,Glass

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 622
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Lancaster Condo Association
  • Management Contact Name: Property Manager
  • Management Phone: 312-729-0901
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, TV/Cable

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 6992.54
  • Tax Year: 2021

Multi Family

  • Units in Building: 207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 15, 2023
Sold by
Sanjay A Bhatia Living Trust
Bought by
Peng Lucas
Seller's Agent
cheena chandra
Jameson Sotheby's Intl Realty
Buyer's Agent
Kalina Pon
Compass
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%
Views
168
Current Estimated Value
$394,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,207
Avg. Annual Appreciation
4.66%
Original Mortgage
$6,000
Interest Rate
6.9%

Purchase Details

Closed on
Mar 29, 2016
Sold by
Bhatia Sanjay A
Bought by
Bhatia Sanjay A and Sanjay A Bhatia Living Trust
Source: Public Records
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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
Peng Lucas $355,000 None Listed On Document
Bhatia Sanjay A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Peng Lucas $6,000
Open Peng Lucas $248,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $355,000 +4.4% $500 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $340,000 0.0% $479 / Sq Ft
10/17/2022 10/17/22 Rented $2,400 0.0% --
10/12/2022 10/12/22 Under Contract -- -- --
10/03/2022 10/03/22 For Rent $2,400 -- --
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
2025 $6,482 $30,344 $1,597 $28,747
2024 $6,482 $30,344 $1,597 $28,747
2023 $6,319 $30,721 $1,290 $29,431
2022 $6,319 $30,721 $1,290 $29,431
2021 $6,262 $31,138 $1,290 $29,848
2020 $6,084 $27,311 $1,166 $26,145
2019 $5,978 $29,752 $1,166 $28,586
2018 $5,877 $29,752 $1,166 $28,586
2017 $5,284 $24,546 $965 $23,581
2016 $4,416 $24,546 $965 $23,581
2015 $4,017 $24,546 $965 $23,581
2014 $3,770 $22,887 $889 $21,998
2013 $3,684 $22,887 $889 $21,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11845455

Midwest Real Estate Data (MRED)

APN: 17-10-400-031-1142