NOT LISTED FOR SALE

Estimated Value: $209,275 - $240,000

1 Bed
1 Bath
700 Sq Ft
0.48 Acres

Last Sold March 26, 2021

Last sale price $176,500 $252 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,533/month

Highlights

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

About This Home

As of February 2024

Amazing location - one block to the lake - two blocks to the Magnificent Mile. The nicely updated unit is ready to occupy April 1 - one bedroom, one bath, washer and dryer in unit. The unit offers hardwood flooring in living area, marble kitchen flooring and tub surround, custom track lighting in the main living area, huge windows in the main living area and bedroom that maximize natural light. The kitchen has granite counters, light cherry cabinetry, a breakfast bar and all stainless appliances. Full amenity building with 24-hour doorman, on-site property manager, top floor community room, large sundeck with amazing city and lake views, gas grills, party room with full kitchen, fitness center. Great tree lined location in Streeterville, with excellent walkability and abundant public transportation. 222 E. Pearson is close to Northwestern Hospital, Museum of Modern Art and across from Lake Shore Park offering a running track and tennis courts.

Last Agent to Rent the Property

James Moser

@properties Christie's International Real Estate License #475125611 Listed on: 02/12/2024

@properties Christie's International Real Estate

Last Renter's Agent

Madalyn Galdamez

Baird & Warner License #475177848

Baird & Warner

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1963

Lot Details

  • 0.48

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 700 Sq Ft Home
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,000
  • Property Available on 4/1/24
  • Rent includes cable TV, heat, water, scavenger, doorman, exterior maintenance, storage lockers
  • 12 Month Lease Term

Community Details

Overview

  • 219 Units
  • Lauren Zuro Association, Phone Number (312) 440-1922
  • High-Rise Condominium
  • Property managed by Association Chicago
  • 28-Story Property

Amenities

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

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,587

Year Built

Built in 1963

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-04-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2000
  • Security Deposit: 2000
  • Is Parking Included in Price: No
  • Fees/Approvals: Credit Report,Move-in Fee,Move-in Mon-Fri,Move Out Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 700
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 28
  • 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: Other

Exterior Features

  • Foundation Details: Block
  • List Price: 2000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Rent Includes: Cable TV, Heat, Water, Scavenger, Doorman, Exterior Maintenance, Storage Lockers
  • Management: Manager On-site
  • Management Company: Association Chicago
  • Management Contact Name: Lauren Zuro
  • Management Phone: 312-440-1922

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

Listed on
Mar 29, 2021
Closed on
Mar 18, 2021
Sold by
Modi Hemal and Modi Shonali
Bought by
Smith Elaine
Seller's Agent
James Moser
@properties Christie's International Real Estate
Buyer's Agent
Charles Lochotzki
Compass
Sold Price
$1,450
Current Estimated Value
$223,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,051
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Aug 1, 2006
Sold by
222 East Pearson Reo Llc
Bought by
Modi Hemal and Modi Shonali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,920
Interest Rate
6.83%
Mortgage Type
Unknown
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

Purchase History

Date Buyer Sale Price Title Company
Smith Elaine $176,500 Proper Title
Modi Hemal $212,500 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Modi Hamal $135,000
Previous Owner Modi Hemal $160,000
Previous Owner Modi Hemal $169,920
Previous Owner Modi Hemal $169,920
Previous Owner Modi Hemal $31,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Rented $2,050 +2.5% --
02/16/2024 02/16/24 Under Contract -- -- --
02/12/2024 02/12/24 For Rent $2,000 +37.9% --
05/01/2021 05/01/21 Rented $1,450 0.0% --
04/07/2021 04/07/21 Under Contract -- -- --
03/29/2021 03/29/21 For Rent $1,450 0.0% --
03/26/2021 03/26/21 Sold $176,500 -3.6% $252 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $183,000 0.0% $261 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $183,000 0.0% $261 / Sq Ft
05/25/2018 05/25/18 Under Contract -- -- --
05/25/2018 05/25/18 Rented $1,675 -1.2% --
05/21/2018 05/21/18 For Rent $1,695 -- --
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 $17,786 $1,735 $16,051
2023 $3,496 $17,000 $1,403 $15,597
2022 $3,496 $17,000 $1,403 $15,597
2021 $3,418 $16,999 $1,402 $15,597
2020 $3,537 $15,876 $977 $14,899
2019 $3,462 $17,229 $977 $16,252
2018 $3,403 $17,229 $977 $16,252
2017 $3,451 $16,033 $782 $15,251
2016 $3,211 $16,033 $782 $15,251
2015 $2,938 $16,033 $782 $15,251
2014 $2,418 $13,032 $628 $12,404
2013 $2,370 $13,032 $628 $12,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11978899

Midwest Real Estate Data (MRED)

APN: 17-03-227-024-1059