NOT LISTED FOR SALE

201 W Grand Ave Unit 503 Chicago, IL 60654

River North Neighborhood

Estimated Value: $462,000 - $589,000

2 Beds
2 Baths
1,295 Sq Ft
$692/mo HOA Fee

Last Sold September 03, 2024

Last sale price $578,000 $446 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,259/month

18 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Merchandise Mart Station
  • Stainless Steel Appliances
  • End Unit
  • Corner Lot
  • Balcony

About This Home

As of September 2024

AIA AWARD-WINNING CONTEMPORAINE! Show stopping architectural gem, concrete and glass boutique 28-unit, elevator building designed by Perkins & Will. Captivating 2-bedroom 2-bathroom extra-wide corner home with floor-to-ceiling windows looking out to sweeping city views. This impeccable home is filled with abundant natural light. An expansive living/dining area flows on to one of two private balconies. Gourmet kitchen boasts designer Bulthap cabinetry, an over-sized quartz island & Miele stainless steel appliances. The luxurious master suite walks out to the second balcony and includes a spa-style bath with dual vanities, marble tile, a separate tub & shower plus large walk-in closet with custom shelving. The generous 2nd bedroom features a wall of windows and offers a split floor plan. A well-appointed 2nd bath, hardwood floors and ample in-unit storage highlight this move-in ready condo. One premier attached heated garage space is available for $30K. State of the art Rise Entry system but a receiving area for all of your packages. Highly sought after location in the heart of River North. Close to countless restaurants, shops, cafes, and galleries + the train, expressway and so much more. Have it all in this must-see home.

Last Agent to Sell the Property

Karen Ranquist

Jameson Sotheby's Intl Realty License #475113439 Listed on: 06/24/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Dakshi Anand

Compass License #475155700

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,346

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $692 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,295 Sq Ft Home
  • Entrance Foyer
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Ogden Elementary

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, exterior maintenance, scavenger, snow removal
  • 28 Units
  • Richard Holtzman Association, Phone Number (773) 878-3300
  • Contemporaine Subdivision, Split 2Bed 2 Bath Condo Floorplan
  • Property managed by Prairie Shores
  • 10-Story Property

Amenities

  • Lobby
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,346

Year Built

Built in 2004

Lot Details

0

HOA Fees

$692 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: Contemporaine
  • 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s), Lobby
  • LivingArea: 1295
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 585000
  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 30000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 692
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Prairie Shores
  • Management Contact Name: Richard Holtzman
  • Management Phone: 773-878-3300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • Middle/Junior School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17092440181075
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: NA

Tax Info

  • Tax Annual Amount: 9346.5
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2024
Sold by
Srinivasan Anand and Anand Dakshaini
Bought by
Captial Tech Investments Llc
Current Estimated Value
$537,058

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 23, 2024
Sold by
Rendall Lynn D and Bernardcz Mariano L
Bought by
Srinivasan Anand and Anand Dakshaini
Seller's Agent
Karen Ranquist
Jameson Sotheby's Intl Realty
Buyer's Agent
Dakshi Anand
Compass
List Price
$585,000
Sold Price
$578,000
Premium/Discount to List
-$7,000
-1.2%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.19%
Original Mortgage
$278,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2004
Sold by
520 N Wells Llc
Bought by
Bernardez Mariano L and Rendall Lynn D
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
Captial Tech Investments Llc -- None Listed On Document
Srinivasan Anand $578,000 None Listed On Document
Srinivasan Anand $578,000 None Listed On Document
Bernardez Mariano L $510,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srinivasan Anand $278,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $578,000 -1.2% $446 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $585,000 -- $452 / 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 $8,995 $49,303 $3,824 $45,479
2023 $8,730 $48,601 $3,084 $45,517
2022 $8,730 $48,601 $3,084 $45,517
2021 $8,567 $48,599 $3,083 $45,516
2020 $9,665 $48,972 $2,378 $46,594
2019 $9,446 $53,188 $2,378 $50,810
2018 $9,285 $53,188 $2,378 $50,810
2017 $8,762 $46,779 $2,026 $44,753
2016 $8,869 $46,779 $2,026 $44,753
2015 $8,091 $46,779 $2,026 $44,753
2014 $6,450 $34,766 $1,585 $33,181
2013 $6,323 $34,766 $1,585 $33,181
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12082764

Midwest Real Estate Data (MRED)

APN: 17-09-244-018-1003