NOT LISTED FOR SALE

222 E Chestnut St, Unit 8A Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $1,017,000 - $1,215,000

3 Beds
2.5 Baths
2,700 Sq Ft
7,187 Sq Ft Lot

Sale Details

Date Sold: May 2, 2022

Last sale price $945,000 $350 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,991 / mo

132 Days on Market

Highlights

  • Doorman
  • Rooftop Deck
  • Wine Refrigerator
  • Fitness Center
  • Wood Flooring
  • 4-minute walk to Jane Byrne Plaza

About This Home

As of May 2022

Spectacular, fully renovated 3 bedroom/2.5 bath home in one of the most sought-after boutique buildings perfectly nestled in the very heart of the Water Tower downtown area. This "A-tier" unit features 2700 sq feet of luxury living (only 2 homes on the floor) with two kitchens allows for great entertaining opportunities and space. The A-tier floor plan is the largest in the building and rarely available. Spacious rooms and a nearly soundproof unit make this tasteful renovation the perfect work from home oasis nestled in the very heart of the city. This east of Michigan location features 24 hour in-person door personnel providing a concierge touch to you and your visitors. This home's renovation features not one, but two stunning kitchens with top of the line Wolf, Subzero, and Thermador appliances and custom cabinets with Brizo fixtures in all kitchens and baths. Instahot water in main kitchen. Butler's pantry kitchen gut renovation must be seen, and is highlighted with 100 bottle Thermador wine fridge for you and your guests pleasure. Rear den/family room affords room to spread out and features half bath. 100 percent of unit was gutted for remodel including electrical, plumbing, windows-new fire escape windows added. New HVAC coil, lines, and blower. Gorgeous marble Guest bathroom renovation. Washer/Dryer added in unit. Custom closets (all). Gas fireplace in Great Room adds coziness. Extra gas line pulled to add additional FP in living room, if desired. Custom window treatments throughout. Incredible A/V sound system and fully updated ethernet, racks for A/V, Sonos. Building is also rewired for super fast internet with hotspots in gym, roof deck, and lobby. Rooms wired for sound. No planned or open specials! Building fully tuckpointed in 2018/19. Experienced, long term, 24 hour door staff. Common grill downstairs. Steps from Michigan Ave, shopping, restaurants, lake front biking running path & Oak St. beach. This boutique building offers a gym with new Peloton, roof top deck with lake views, dog run, massive storage locker. Common laundry as well in basement that has industrial machines that are free. Parking garage entrance is located next to the building entrance. 3 parking garage options within 1 block (self or valet options). Quiet street located East of Michigan Ave. & close to everything! Pets welcome (2). No pet weight limits. Rentals are allowed although the building is heavily owner occupied. No short term rentals. Across the street from the Ritz Carlton Club! Join the gym, pool, sauna, steam, spa, cafe & offices! This is an amazing world class amenity to have across the street! It's a must see! LOW assessments for the area include 24 hour door staff, heat, water, cable, gym. Building is in excellent condition with an experienced association. 222 E Chestnut is a condo building (not a co-op). OGDEN INTERNATIONAL SCHOOL DISTRICT! This is an incredible home in an equally impressive location!

Last Agent to Sell the Property

Curt Ratcliff

@properties Christie's International Real Estate License #475127397 Listed on: 11/01/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Melissa Edidin

@properties Christie's International Real Estate License #475127271

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,110

Year Built

  • Built in 1929 | Remodeled in 2013

Lot Details

  • 7,187

HOA Fees

  • $1,945 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry in multiple locations
  • Washer and Dryer Hookup

Home Security

Accessible Home Design

  • Accessibility Features
  • No Interior Steps

Utilities

  • Central Air
  • SpacePak Central Air
  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Rooftop Deck
  • Dog Run

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, security, doorman, scavenger, snow removal, internet
  • 47 Units
  • Gary@Buildinggroup.Com Association, Phone Number (312) 989-3457
  • High-Rise Community
  • Property managed by the building group Gary Diamond

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,110

Year Built

Built in 1929 | Remodeled in 2013

Lot Details

7,187 Sq Ft Lot

HOA Fees

$1,945 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Vintage
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 8
  • Rehab Year: 2013
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2013

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Elevator, Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • LivingArea: 2700
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Foyer
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Dining Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Roof Deck, Dog Run
  • Waterfront: No
  • Exterior Building Type: Brick,Stone,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Central Air, Space Pac
  • Heating: Steam, Radiator(s)
  • Laundry Features: In Unit, Common Area, Multiple Locations
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1945
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Sundeck, Receiving Room, Service Elevator(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: the building group Gary Diamond
  • Management Contact Name: gary@buildinggroup.com
  • Management Phone: 312-989-3457
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Security, Doorman, Scavenger, Snow Removal, Internet

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 1
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 12109.66
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Apr 29, 2022
Sold by
Dusek Ginger S and The Ginger S Dusek Living Trust
Bought by
Kaveney Jeffrey Michael and Kaveney Kelly Evans
Seller's Agent
Curt Ratcliff
@properties Christie's International Real Estate
Buyer's Agent
Melissa Edidin
@properties Christie's International Real Estate
List Price
$999,500
Sold Price
$945,000
Premium/Discount to List
-$54,500
-5.45%
Current Estimated Value
$1,083,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,335
Avg. Annual Appreciation
3.56%
Original Mortgage
$803,250
Outstanding Balance
$754,138
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$329,197

Purchase Details

Closed on
Dec 30, 2015
Sold by
Dusek Ginger S
Bought by
Dusek Ginger S and Ginger S Dusek Living Trust

Purchase Details

Closed on
Mar 5, 2012
Sold by
Luchs Patricia M
Bought by
Dusek Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2008
Sold by
Luchs Robert W and Luchs Patricia M
Bought by
Patricia M Luchs Declaration Of Trust

Purchase Details

Closed on
Nov 21, 1995
Sold by
Legros John E and Legros Bethel J
Bought by
Luchs Robert W and Luchs Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaveney Jeffrey Michael $945,000 Chicago Title
Dusek Ginger S -- None Available
Dusek Ginger $660,000 Chicago Title Insurance Co
Patricia M Luchs Declaration Of Trust -- None Available
Luchs Robert W $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaveney Jeffrey Michael $803,250
Previous Owner Dusek Ginger $528,000
Previous Owner Luchs Robert W $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $945,000 -5.5% $350 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $999,500 -- $370 / 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 $14,543 $60,010 $6,286 $53,724
2024 $14,543 $60,010 $6,286 $53,724
2023 $13,473 $68,927 $5,061 $63,866
2022 $13,473 $68,927 $5,061 $63,866
2021 $13,191 $68,926 $5,060 $63,866
2020 $12,110 $57,462 $3,542 $53,920
2019 $11,839 $62,356 $3,542 $58,814
2018 $11,639 $62,356 $3,542 $58,814
2017 $12,440 $61,162 $2,834 $58,328
2016 $11,750 $61,162 $2,834 $58,328
2015 $10,727 $61,162 $2,834 $58,328
2014 $11,018 $59,383 $2,277 $57,106
2013 $10,800 $59,383 $2,277 $57,106
Source: Public Records

Agents Affiliated with this Home

  • Curt Ratcliff

    Seller's Agent in 2022

    Curt Ratcliff

    @ Properties

    (727) 758-2878

    1 in this area

    15 Total Sales

    Curt Ratcliff
    Section Image
  • Melissa Edidin

    Buyer's Agent in 2022

    Melissa Edidin

    @ Properties

    (312) 865-0004

    2 in this area

    101 Total Sales

    Melissa Edidin
    Section Image
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About This Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260320

Midwest Real Estate Data (MRED)

APN: 17-03-221-011-1049

Illinois Cook County Chicago 60611 Streeterville

222 E Chestnut St Unit 8A, Chicago, IL

Not Listed for Sale

Condos

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.

Midwest Real Estate Data (MRED) 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.
Based on information submitted to the MLS GRID

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