NOT LISTED FOR SALE

Estimated Value: $1,613,000 - $1,800,000

3 Beds
4 Baths
3,033 Sq Ft
26,223 Sq Ft Lot

Sale Details

Date Sold: August 27, 2018

Last sale price $2,187,500 $721 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $13,788 / mo

92 Days on Market

Highlights

  • Recreation Room
  • 4-minute walk to Chicago Avenue Station (Red Line)
  • Den
  • Wood Flooring
  • Whirlpool Bathtub
  • Breakfast Room

About This Home

As of August 2018

The Pinnacle, designed by Lucien LaGrange. Completely rehabbed 3 bedroom + office, dining room, 3.5 bathrooms-renovated and it truly looks amazing: New designed state of the art De Giulio kitchen with a big pantry, new wide plank Carlyle wood floors, new bathrooms, new lighting, stunning millwork, custom designed fireplace, and state of the art light fixtures. Tall floor to ceiling windows, 2 private outdoor-spaces. And so much more. Building amenities include health club, 43rd floor hospitality room, wine storage, private Movie Theater, indoor pool, hot tub, and so much more. Professionally landscaped dog run, one of the best in the city.

Last Agent to Sell the Property

Chezi Rafaeli

Coldwell Banker Realty License #475129431 Listed on: 04/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Year Built

  • 2005

Lot Details

  • 0.6

HOA Fees

  • $1,742 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Interior Spaces

  • Breakfast Room
  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2005

Lot Details

0.6 Acres

HOA Fees

$1,742 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 32
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 2005
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 48
  • Year Built: 2005

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 9
  • Living Room: Dimensions: 25X26, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X15, On Level: Main Level
  • Kitchen Type: Dimensions: 12X13, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Balcony, Breakfast Room, Den, Recreation Room
  • Master Bedroom: Dimensions: 15X25, On Level: Main Level
  • Additional Room 1 Name: Den, Dimensions: 12X17, On Level: Main Level
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 08X09, On Level: Main Level
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level
  • Additional Room 3 Name: Recreation Rm, Dimensions: 09X09, On Level: Main Level
  • Bedroom 3: Dimensions: 12X13, On Level: Main Level
  • Additional Room 4 Name: Balcony, Dimensions: 06X10, On Level: Main Level
  • Additional Room 5 Name: Balcony, Dimensions: 10X06, On Level: Main Level
  • Estimated Sq Ft: 3033

Exterior Features

  • Exterior Property Features: Balcony
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool-Indoors, Receiving Room, Service Elevator, Valet/Cleaner, Whirlpool
  • Assessment Includes: Air Conditioning, Water, Gas, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 1742
  • Management Contact Name: Marguerite Bateau
  • Management Phone: 312-867-7230

Fee Information

  • Management Company: Draper & Kramer

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17101070161155

Multi Family

  • Total Number Unitsin Building: 213
  • Number Stories: 48

Tax Info

  • Taxes: 34447.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Aug 13, 2018
Sold by
Redman Paul and Rowley Kara Lynn
Bought by
Salem Mohamed Medhat and Mohamed Medhat Salem Revocable Trust
Seller's Agent
Chezi Rafaeli
Coldwell Banker Realty
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$2,495,000
Sold Price
$2,187,500
Premium/Discount to List
-$307,500
-12.32%
Current Estimated Value
$1,711,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$476,184
Avg. Annual Appreciation
-3.18%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Redman Paul
Bought by
Redman Paul and Rowley Kara Lynn

Purchase Details

Listed on
Feb 20, 2012
Closed on
Apr 18, 2012
Sold by
Schultz Gregory and Schultz Donna
Bought by
Redman Paul
Seller's Agent
Teresa Costantini Levin
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Teresa Costantini Levin
Berkshire Hathaway HomeServices Chicago
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Original Mortgage
$1,200,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Standard Bank & Trust Company
Bought by
Schultz Gregory and Schultz Donna

Purchase Details

Closed on
Jan 31, 2008
Sold by
Schultz Gregory G and Schultz Donna M
Bought by
Standard Bank & Trust Co and Trust #19505

Purchase Details

Closed on
Nov 10, 2005
Sold by
Fordham 21 E Huron Llc
Bought by
Schultz Gregory G and Schultz Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,247,615
Interest Rate
1.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
Salem Mohamed Medhat $2,187,500 Chicago Title
Redman Paul -- None Available
Redman Paul $1,600,000 Premier Title
Schultz Gregory -- None Available
Standard Bank & Trust Co -- None Available
Schultz Gregory G $1,663,500 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redman Paul $1,200,000
Previous Owner Schultz Gregory G $1,247,615
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2018 08/27/18 Sold $2,187,500 -4.7% $721 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/19/2018 06/19/18 Price Changed $2,295,000 -8.0% $757 / Sq Ft
04/02/2018 04/02/18 For Sale $2,495,000 +55.9% $823 / Sq Ft
04/20/2012 04/20/12 Sold $1,600,000 -8.6% $528 / Sq Ft View Prior Sale
03/07/2012 03/07/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $1,750,000 -- $577 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $33,960 $153,712 $4,364 $149,348
2024 $33,960 $153,712 $4,364 $149,348
2023 $35,045 $166,925 $3,583 $163,342
2022 $35,045 $176,542 $3,583 $172,959
2021 $34,988 $179,984 $3,582 $176,402
2020 $38,204 $177,079 $2,714 $174,365
2019 $37,452 $186,410 $2,714 $183,696
2018 $36,527 $188,350 $2,714 $185,636
2017 $36,835 $174,488 $2,312 $172,176
2016 $34,448 $174,488 $2,312 $172,176
2015 $31,494 $174,488 $2,312 $172,176
2014 $26,621 $146,048 $1,809 $144,239
2013 $26,084 $146,048 $1,809 $144,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09901409

Midwest Real Estate Data (MRED)

APN: 17-10-107-016-1155

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