NOT LISTED FOR SALE

The Pearson 250 E Pearson St Unit 1004 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $508,000 - $585,000

1 Bed
1.5 Baths
1,144 Sq Ft
1.07 Acres Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $464,000 $406 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,472 / mo

105 Days on Market

Highlights

  • Doorman
  • Rooftop Deck
  • Wood Flooring
  • Fitness Center
  • Open Floorplan
  • 2-minute walk to Lake Shore Park

About This Home

As of October 2021

Large 1 bedroom 1.5 bath condo in a wonderful boutique building in the best location in Streeterville. The floor to ceiling windows provide tons of natural light with northeast views of the lake and Mies Van de Rohr buildings. Enjoy your morning coffee and watch the sun rise on your own private balcony. This charming home has been used as a part time residence by the original owners and in great condition. Newer refrigerator and newer floors. The flexible floor plan provides lots of space to work or play. The bedroom is large enough to accommodate a desk and includes a walk in closet. The main bathroom includes a separate shower, soaking tub and double vanity; plus a powder room for guests. The Pearson is a premier amenity building with a 3000 sq. ft Fitness Center, Club Room/ Roof Deck with fantastic views of Navy Pier and city skyline. Best Streeterville LOCATION across from Lake Shore Park, running track, tennis courts and pickle ball; moments to the lakefront, MCA, farmers market, boutiques, restaurants and Northwestern Campus. One assigned garage space and large storage locker included in the price. The garage is self park with a guest parking program available. Super pet friendly building (3 max); investor friendly too with NO rental cap. Helpful and experienced building staff includes on site property manager, full time engineer and maintenance. Welcome home!

Last Agent to Sell the Property

Terry Schwartz

Jameson Sotheby's Intl Realty License #475155945 Listed on: 05/01/2021

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Peggy Quinn

Berkshire Hathaway HomeServices Chicago License #475088075

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,867

Year Built

  • Built in 2003

Lot Details

  • 1.07

HOA Fees

  • $713 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Interior Spaces

  • 1,144 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Door Monitored By TV

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Outdoor Grill

Utilities

  • Central Air
  • Baseboard Heating
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Association fees include air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 177 Units
  • Tom Gillespie Association, Phone Number (312) 943-2472
  • Property managed by Community Specialists
  • 37-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,867

Year Built

Built in 2003

Lot Details

1.07 Acres

HOA Fees

$713 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 10
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Built-In Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Some Carpeting, Dining Combo, Doorman, Drapes/Blinds, Granite Counters, Lobby, Some Wall-To-Wall Cp
  • LivingArea: 1144
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Square Footage Comments: Square footage includes the balcony
  • Total Sq Ft: 0
  • Window Features: Window Treatments
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Island,Granite Counters
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 13X14
  • Laundry Flooring: Vinyl
  • Living Room Windows: Blinds
  • Master Bedroom Windows: Blinds
  • Dining Room Windows: Blinds

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Outdoor Grill, Door Monitored By TV, Master Antenna, Cable Access
  • Waterfront: No
  • Exterior Building Type: Stone,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Electric, Baseboard
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 713
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Tom Gillespie
  • Management Phone: 312-943-2472X1

Fee Information

  • Association Fee Includes: Air Conditioning, Water, Gas, Parking, Insurance, Security, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 9867
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Lowell Penny L and The Penny L Lowell Trust
Bought by
Rhee Inho and Jung Hyun Joo
Current Estimated Value
$532,798

Purchase Details

Listed on
May 1, 2021
Closed on
Sep 23, 2021
Sold by
Lowell Penny L and The Penny L Lowell Trust
Bought by
Rhee Inho and Jung Hyun Joo
Seller's Agent
Terry Schwartz
Jameson Sotheby's Intl Realty
Buyer's Agent
Peggy Quinn
Berkshire Hathaway HomeServices Chicago
List Price
$480,000
Sold Price
$464,000
Premium/Discount to List
-$16,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Lowell Brian V and Lowell Penny L
Bought by
Lowell Penny L and Penny L Lowell Trust

Purchase Details

Closed on
Oct 27, 2003
Sold by
250 East Pearson Llc
Bought by
Lowell Brian V and Lowell Penny L
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Rhee Inho -- --
Rhee Inho -- --
Rhee Inho -- --
Lowell Penny L -- None Available
Lowell Brian V $399,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $464,000 -3.3% $406 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $480,000 -- $420 / 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 $10,508 $51,899 $4,847 $47,052
2024 $10,508 $51,899 $4,847 $47,052
2023 $10,222 $53,120 $3,902 $49,218
2022 $10,222 $53,120 $3,902 $49,218
2021 $10,682 $53,119 $3,902 $49,217
2020 $10,082 $45,258 $2,731 $42,527
2019 $9,867 $49,112 $2,731 $46,381
2018 $9,701 $49,112 $2,731 $46,381
2017 $9,701 $45,064 $2,185 $42,879
2016 $9,026 $45,064 $2,185 $42,879
2015 $8,523 $46,509 $2,185 $44,324
2014 $6,808 $36,695 $1,756 $34,939
2013 $6,674 $36,695 $1,756 $34,939
Source: Public Records

Agents Affiliated with this Home

  • Terry Schwartz

    Seller's Agent in 2021

    Terry Schwartz

    Jameson Sotheby's Intl Realty

    (312) 590-7590

    5 in this area

    6 Total Sales

    Terry Schwartz
    Section Image
  • Peggy Quinn

    Buyer's Agent in 2021

    Peggy Quinn

    Berkshire Hathaway HomeServices Chicago

    (312) 953-2303

    44 in this area

    47 Total Sales

    Peggy Quinn
    Section Image
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About The Pearson

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11072671

Midwest Real Estate Data (MRED)

APN: 17-03-228-032-1023

Illinois Cook County Chicago 60611 Streeterville

250 E Pearson St Unit 1004, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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