NOT LISTED FOR SALE

Estimated Value: $202,488 - $266,000

1 Bed
1 Bath
700 Sq Ft
0.48 Acres

Highlights

  • Doorman
  • Wood Flooring
  • Sundeck
  • Fitness Center
  • Party Room
  • 1-minute walk to Lake Shore Park

About This Home

As of June 2024

Available July 1st --- 1 bed, 1 bath condo in Streeterville! Walking distance to Northwestern Campus, Lakefront, Parks and the Magnificent Mile, Shops, Cafes / Restaurants and much more. Unit Features hardwood floors, updated kitchen with SS appliances ample storage space, in unit washer / dryer. Building amenities include a 24 hr doorman, fitness room, party room, and a beautiful sundeck that overlooks Lake Michigan, Navy Pier, and the City Skyline. Rent includes: A/C, heat, and basic cable.

Last Agent to Rent the Property

Bela Patel

Baird & Warner License #475176235 Listed on: 05/04/2024

Baird & Warner

Last Renter's Agent

Vincent Parcelli

Smart City Locating Inc License #473020691

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1963 | Remodeled in 2005

Lot Details

  • 0.48

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Property Available on 7/1/24
  • Rent includes cable TV, heat, water, doorman, air conditioning

Community Details

Overview

  • 219 Units
  • High-Rise Condominium
  • Pearson On The Park Subdivision
  • 29-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room

Recreation

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,587

Year Built

Built in 1963 | Remodeled in 2005

Lot Details

0

Rental Info

  • Available Date: 2024-07-01
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2050
  • Security Deposit: 1MONTH
  • Fees/Approvals: Credit Report,Move-in Fee,Move-in Mon-Fri,Move Out Fee,Refundable Damage Deposit
  • Max Pet Weight: 25

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Subdivision Name: Pearson on the Park
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2005
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 29
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 29
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 2050
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Neutered and/or Declawed Only, Number Limit, Size Limit
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Rent Includes: Cable TV, Heat, Water, Doorman, Air Conditioning
  • Management: Manager On-site,Monday through Friday

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2006
Sold by
222 East Pearson Reo Llc
Bought by
Parikh Adarsh and Parikh Falguni
Current Estimated Value
$238,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Rented $2,050 0.0% --
06/19/2024 06/19/24 Under Contract -- -- --
05/04/2024 05/04/24 For Rent $2,050 +32.3% --
06/14/2021 06/14/21 Rented -- -- --
05/27/2021 05/27/21 Price Changed $1,550 -1.6% $2 / Sq Ft
05/18/2021 05/18/21 Price Changed $1,575 -1.6% $2 / Sq Ft
05/08/2021 05/08/21 For Rent $1,600 -7.8% --
07/01/2019 07/01/19 Rented $1,735 +2.4% --
04/22/2019 04/22/19 For Rent $1,695 0.0% --
06/15/2016 06/15/16 Rented $1,695 0.0% --
05/31/2016 05/31/16 Under Contract -- -- --
05/18/2016 05/18/16 Price Changed $1,695 -1.7% $2 / Sq Ft
05/12/2016 05/12/16 Price Changed $1,725 -1.4% $2 / Sq Ft
04/15/2016 04/15/16 Price Changed $1,750 +6.1% $3 / Sq Ft
04/15/2016 04/15/16 For Rent $1,650 0.0% --
04/13/2016 04/13/16 Off Market $1,650 -- --
03/30/2016 03/30/16 For Rent $1,650 -- --
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 $3,587 $17,269 $1,684 $15,585
2023 $3,496 $17,000 $1,362 $15,638
2022 $3,496 $17,000 $1,362 $15,638
2021 $3,418 $16,999 $1,361 $15,638
2020 $3,434 $15,415 $949 $14,466
2019 $3,361 $16,729 $949 $15,780
2018 $3,305 $16,729 $949 $15,780
2017 $3,351 $15,567 $759 $14,808
2016 $3,118 $15,567 $759 $14,808
2015 $2,853 $15,567 $759 $14,808
2014 $2,348 $12,653 $610 $12,043
2013 $2,301 $12,653 $610 $12,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12047524

Midwest Real Estate Data (MRED)

APN: 17-03-227-024-1023