Seller's Agent in 2024
Carol Collins
Jameson Sotheby's Intl Realty
(312) 925-6311
11 in this area
106 Total Sales
Estimated Value: $711,000 - $741,332
3
Beds
3
Baths
2,400
Sq Ft
$1,900/mo
HOA Fee
Highlights
- Doorman
- Wood Flooring
- End Unit
- Fitness Center
- Gallery
- 4-minute walk to Jane Byrne Plaza
About This Home
As of October 2024Nestled between Michigan Avenue and Lake Shore Drive, this classic residence is a rare find in a sought-after location. The spacious B-tier condo offers one of the largest floor plans in the building, with only three units per floor, blending timeless charm with contemporary style. Enter through a grand galley foyer into a living room with expansive windows overlooking Chestnut Street. The elegant dining room features a wall of windows and built-in window seating, perfect for entertaining. The kitchen boasts sleek white cabinetry, a custom island, stainless steel appliances, a planning desk, and a wine refrigerator. Unwind in the spacious primary suite, featuring another cozy window seat and an updated bathroom with an oversized walk-in shower, glass mosaic tile, Kallista sinks, custom cabinetry, and neutral decor. Each bedroom comes with an en-suite bath and generous closets. The third bathroom offers an option for in-unit laundry, though many residents prefer the excellent building laundry room. Stay comfortable year-round with central "spacepak" air conditioning and enjoy the recently refinished hardwood floors throughout. The building offers a rooftop deck with stunning views of the lake and city, a gym (with additional premier fitness options at the nearby Ritz-Carlton Club), a secure dog run with no weight restrictions, 24-hour door staff, and a large storage locker for each unit. The adjacent parking garage includes the convenience of weekly car washes. With low assessments for top-notch service, this owner-occupied building stands out for its peaceful ambiance and pristine condition. This beautifully maintained condo is a must-see and is priced to sell. Taxes: $12,697.11, Assessments: $1900.04. More photos coming soon! Can show now with notice.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #471012982 Listed on: 07/31/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,697
Year Built
- Built in 1929
Lot Details
- End Unit
HOA Fees
- $1,900 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Heated Garage
Home Design
- Brick or Stone Mason
Interior Spaces
- 2,400 Sq Ft Home
- Built-In Features
- Decorative Fireplace
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Gallery
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Parquet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Home Security
Utilities
- SpacePak Central Air
- Radiator
- Heating System Uses Steam
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 45 Units
- Gary Diamond Association, Phone Number (312) 564-5922
- Property managed by The Building Group
- 19-Story Property
Amenities
- Doorman
- Sundeck
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2024
Closed on
Oct 10, 2024
Sold by
Faust William R
Bought by
Chicago Title Land Trust
Seller's Agent
Carol Collins
Jameson Sotheby's Intl Realty
Buyer's Agent
Julie Hamill
Jameson Sotheby's Intl Realty
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,583
Avg. Annual Appreciation
7.49%
Purchase Details
Closed on
Dec 19, 2023
Sold by
Faust William R and Faust Chanel
Bought by
Faust William R
Purchase Details
Listed on
Oct 6, 2021
Closed on
Mar 4, 2022
Sold by
Spadafora David and Spadafora Carolyn
Bought by
Faust William R and Faust Chanel
Seller's Agent
Lauren Schuh-Dayton
Jameson Sotheby's Intl Realty
Buyer's Agent
Carol Collins
Jameson Sotheby's Intl Realty
List Price
$634,900
Sold Price
$550,000
Premium/Discount to List
-$84,900
-13.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$533,500
Interest Rate
4.25%
Purchase Details
Listed on
Oct 6, 2021
Closed on
Mar 2, 2022
Sold by
Spadafora David and Spadafora Carolyn
Bought by
Faust William R and Faust Chanel
Seller's Agent
Lauren Schuh-Dayton
Jameson Sotheby's Intl Realty
Buyer's Agent
Carol Collins
Jameson Sotheby's Intl Realty
List Price
$634,900
Sold Price
$550,000
Premium/Discount to List
-$84,900
-13.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,500
Interest Rate
4.25%
Purchase Details
Closed on
Apr 26, 2007
Sold by
Gerber Greg and Gerber Patricia
Bought by
Carolyn Spadafora David and Carolyn Spadafra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.2%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 14, 2004
Sold by
Gerber Gregory L and Gerber Patricia Larkin
Bought by
Gerber Greg and Gerber Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 5, 2001
Sold by
Lasalle Bank National Assn
Bought by
Lee Greg A and Lee Cathleen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.1%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Title Land Trust | $675,000 | Chicago Title | |
| Faust William R | -- | None Listed On Document | |
| Faust William R | $550,000 | -- | |
| Faust William R | $550,000 | -- | |
| Carolyn Spadafora David | $757,000 | Ct | |
| Gerber Greg | $650,000 | Cti | |
| Lee Greg A | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Faust William R | $533,500 | |
| Previous Owner | Faust William R | $533,500 | |
| Previous Owner | Carolyn Spadafora David | $500,000 | |
| Previous Owner | Gerber Greg | $333,700 | |
| Previous Owner | Lee Greg A | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2024 10/23/24 | Sold | $675,000 | -3.6% | $281 / Sq Ft | |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- | |
| 08/12/2024 08/12/24 | For Sale | $699,900 | +27.3% | $292 / Sq Ft | |
| 03/02/2022 03/02/22 | Sold | $550,000 | -13.4% | $229 / Sq Ft | View Prior Sale |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- | |
| 10/06/2021 10/06/21 | For Sale | $634,900 | -- | $265 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $12,697 | $55,281 | $5,790 | $49,491 |
| 2023 | $11,793 | $63,495 | $4,662 | $58,833 |
| 2022 | $11,793 | $63,495 | $4,662 | $58,833 |
| 2021 | $11,563 | $63,494 | $4,661 | $58,833 |
| 2020 | $10,548 | $52,934 | $3,263 | $49,671 |
| 2019 | $10,301 | $57,442 | $3,263 | $54,179 |
| 2018 | $10,125 | $57,442 | $3,263 | $54,179 |
| 2017 | $10,821 | $56,342 | $2,610 | $53,732 |
| 2016 | $10,427 | $56,342 | $2,610 | $53,732 |
| 2015 | $9,500 | $56,342 | $2,610 | $53,732 |
| 2014 | $9,333 | $54,703 | $2,097 | $52,606 |
| 2013 | $9,129 | $54,703 | $2,097 | $52,606 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Collins
-
Julie Hamill
J
Buyer's Agent in 2024
Julie Hamill
Jameson Sotheby's Intl Realty
(630) 212-3911
1 in this area
3 Total Sales
-
Lauren Schuh-Dayton
Seller's Agent in 2022
Lauren Schuh-Dayton
Jameson Sotheby's Intl Realty
(312) 216-8000
7 in this area
139 Total Sales
-
Burt Bhairoo
B
Seller Co-Listing Agent in 2022
Burt Bhairoo
Jameson Sotheby's Intl Realty
(312) 751-0300
5 in this area
91 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12129879
APN: 17-03-221-011-1008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 223 E Delaware Place Unit 5W
- 253 E Delaware Place Unit 20G-E
- 200 E Delaware Place Unit 8-9C
- 260 E Chestnut St Unit 2501
- 260 E Chestnut St Unit 2107
- 260 E Chestnut St Unit 2310
- 260 E Chestnut St Unit 611
- 260 E Chestnut St Unit 1904
- 260 E Chestnut St Unit 2701
- 260 E Chestnut St Unit 606
- 221 E Walton Place Unit 19E
- 900 N Lake Shore Dr Unit 708
- 900 N Lake Shore Dr Unit 802-4
- 900 N Lake Shore Dr Unit 1904
- 900 N Lake Shore Dr Unit 2405
- 900 N Lake Shore Dr Unit 1211
- 900 N Lake Shore Dr Unit 310
- 247 E Chestnut St Unit 802
- 247 E Chestnut St Unit 602
- 910 N Lake Shore Dr Unit 1620
- 222 E Chestnut St Unit 19E
- 222 E Chestnut St Unit 19A
- 222 E Chestnut St Unit 5D
- 222 E Chestnut St Unit 9D
- 222 E Chestnut St Unit 3C
- 222 E Chestnut St Unit 5C
- 222 E Chestnut St Unit 7C
- 222 E Chestnut St Unit 5B
- 222 E Chestnut St Unit 18B
- 222 E Chestnut St Unit 2B
- 222 E Chestnut St Unit 6B
- 222 E Chestnut St Unit 10C
- 222 E Chestnut St Unit 9B
- 222 E Chestnut St Unit 2C
- 222 E Chestnut St Unit 6C
- 222 E Chestnut St Unit 1C
- 222 E Chestnut St Unit 4D
- 222 E Chestnut St Unit 10B
- 222 E Chestnut St Unit 19
- 222 E Chestnut St Unit 8B