NOT LISTED FOR SALE

201 W Grand Ave Unit 502 Chicago, IL 60654

River North Neighborhood

Estimated Value: $894,000 - $952,000

2 Beds
3 Baths
-- Sq Ft
$1,141/mo HOA Fee

Last Sold January 30, 2023

Last sale price $875,000

Est. 6% increase in value since last sale

Current estimated payment $7,718/month

33 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Merchandise Mart Station
  • Balcony
  • <<bathWithWhirlpoolToken>>
  • Breakfast Room
  • 2 Car Attached Garage

About This Home

As of January 2023

This ultra-luxurious River North condo offers completely open living spaces with unbeatable views and designer finishes throughout. The expansive living area features floor-to-ceiling, wrap-around windows with incredible south and east facing views of the city. The gorgeous chef's kitchen offers Waterworks fixtures, Miele cooktop and range, a SubZero wine cooler and a built-in banquette, as well as fabulous book-matched, Calacatta Gold marble. The luxurious primary suite features built-in storage and a lavish bath with Dornbracht fixtures. What was once a third bedroom has been converted into an incredible primary dressing room with completely custom finishes. A true laundry/mud room and private balcony make this home a rare find in a sought-after River North location. Side by side parking spaces in attached, heated garage available for purchase.

Last Agent to Sell the Property

Ashley Cox

Compass License #471019048 Listed on: 11/09/2022

Compass

Last Buyer's Agent

Melissa Siegal

@properties Christie's International Real Estate License #475139418

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,511

Year Built

  • Built in 2004

Lot Details

  • 8,930

HOA Fees

  • $1,141 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Living Room
  • Breakfast Room
  • Dining Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • <<bathWithWhirlpoolToken>>
  • European Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Community Details

Overview

  • Association fees include heat, air conditioning, water, parking, insurance, exterior maintenance, scavenger
  • 28 Units
  • Association Phone (312) 335-1950
  • Property managed by First Service Residential
  • 15-Story Property

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,511

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,141 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Room Type: Breakfast Room, Walk In Closet
  • Stories Total: 15
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,European Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 885000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1141
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: N/A
  • Management Phone: 312-335-1950
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Exterior Maintenance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

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: 20510.74
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 11, 2023
Sold by
Denihan Suzanne and Denihan Eamon Gerard
Bought by
Rao Lohitaksha and Pluckebaum Meagan
Seller's Agent
Ashley Cox
Compass
Buyer's Agent
Melissa Siegal
@properties Christie's International Real Estate
List Price
$885,000
Sold Price
$875,000
Premium/Discount to List
-$10,000
-1.13%
Views
3
Current Estimated Value
$929,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,294
Avg. Annual Appreciation
1.60%
Original Mortgage
$700,000
Outstanding Balance
$680,868
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$228,972

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jul 18, 2016
Sold by
Lurie Benjamin L
Bought by
Denihan Suzanne
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Ashley Cox
Compass
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.44%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Riekse Dirk M and Egan Riekse Julia
Bought by
Benjamin L Lurie Revocable Trust

Purchase Details

Closed on
Jan 27, 2004
Sold by
520 N Wells Llc
Bought by
Rieske Dirk M and Egan Rieske Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2004
Sold by
520 N Wells Llc
Bought by
Harrington Ralph and Harrington Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5%
Mortgage Type
Unknown
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
Rao Lohitaksha $875,000 Chicago Title
Denihan Suzanne $1,100,000 Heritage Title Company
Benjamin L Lurie Revocable Trust $950,000 First American
Rieske Dirk M $828,000 Multiple
Harrington Ralph $900,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Lohitaksha $700,000
Previous Owner Riekse Dirk $2,207,000
Previous Owner Riekse Dirk $650,000
Previous Owner Riekse Dirk $95,162
Previous Owner Riekse Dirk M $650,000
Previous Owner Riekse Dirk M $95,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $875,000 -1.1% --
12/13/2022 12/13/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $885,000 -19.5% --
07/19/2016 07/19/16 Sold $1,100,000 -8.3% $611 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $1,200,000 -- $667 / 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 $17,343 $82,834 $6,424 $76,410
2023 $16,907 $82,200 $5,181 $77,019
2022 $16,907 $82,200 $5,181 $77,019
2021 $16,529 $82,199 $5,180 $77,019
2020 $18,329 $82,280 $3,996 $78,284
2019 $17,954 $89,364 $3,996 $85,368
2018 $17,652 $89,364 $3,996 $85,368
2017 $16,919 $78,595 $3,404 $75,191
2016 $15,242 $78,595 $3,404 $75,191
2015 $13,922 $78,595 $3,404 $75,191
2014 $10,361 $58,413 $2,664 $55,749
2013 $10,146 $58,413 $2,664 $55,749
Source: Public Records

Agents Affiliated with this Home

  • Ashley Cox

    Seller's Agent in 2023

    Ashley Cox

    Compass

    (773) 742-8218

    4 in this area

    150 Total Sales

    Ashley Cox
    Section Image
  • Melissa Siegal

    Buyer's Agent in 2023

    Melissa Siegal

    @ Properties

    (312) 515-8007

    144 in this area

    529 Total Sales

    Melissa Siegal
    Section Image
  • Emily Sachs Wong

    Seller's Agent in 2016

    Emily Sachs Wong

    @ Properties

    (312) 613-0022

    24 in this area

    771 Total Sales

    Emily Sachs Wong
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11669973

Midwest Real Estate Data (MRED)

APN: 17-09-244-018-1002

Illinois Cook County Chicago 60654 River North

201 W Grand Ave Unit 502, Chicago, IL

This home is located at 201 W Grand Ave Unit 502, Chicago, IL 60654 since 09 November 2022 and is currently estimated at $929,294. This property was built in 2004. 201 W Grand Ave Unit 502 is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Frances Xavier Warde School.

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