NOT LISTED FOR SALE

The Pearson 250 E Pearson St Unit 1405 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $1,101,000 - $1,385,000

2 Beds
2.5 Baths
1,931 Sq Ft
1.07 Acres Lot

Sale Details

Date Sold: May 17, 2022

Last sale price $1,162,500 $602 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,646 / mo

23 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Party Room
  • Fitness Center
  • Wine Refrigerator
  • 2-minute walk to Lake Shore Park

About This Home

As of May 2022

Captivating southern views from every window overlooking Lake Michigan, Lake Shore Park, and Navy Pier's iconic ferris wheel enhance this stylishly updated and beautifully redesigned 1931 square foot home. The custom millwork of the living room fireplace surround demonstrates the impeccable quality of the attention to detail throughout the home. Every original bi-fold door has been replaced with solid core paneled doors and beautiful hardware. White Shaker cabinets, quartz countertops, high end appliances, and custom lighting give the kitchen a fresh new design. An elegant dry bar with a wine fridge, lighted glass shelves and a mirrored backsplash makes entertaining effortless. This much desired split floor plan creates two separate private bedroom areas with ensuite baths. The stylish primary bedroom suite features an extra large custom built closet and an elegant spa bath with classic Kohler double sinks, a gorgeous new vanity, separate shower and jetted tub. Both bedrooms have custom draperies and room darkening shades. The den which opens to the living room could become a third bedroom or perhaps a dining room depending on the desire of the new owners. A parking place in the heated onsite garage and a separate storage unit are included in the sale of this home. "The Pearson" offers a 24 hour door staff, on-site professional management, a rooftop party room featuring a sun deck with grills for outdoor cooking, and a 3500 square foot exercise room. This prime location is just a few steps to the lakefront, Michigan Avenue's Magnificent Mile, fine dining, shopping, grocery, entertainment & night life. Pet friendly Lake Shore Park is directly across the street with tennis courts, a gymnasium, running track and a brand new playground for children. Easy access to Lake Shore Drive, public transportation, Northwestern hospital, and so much MORE!

Last Agent to Sell the Property

Nan Vaile

Baird & Warner License #475145779 Listed on: 02/14/2022

Baird & Warner

Last Buyer's Agent

Jeff Bushaw

Fulton Grace Realty License #471021546

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,287

Year Built

  • Built in 2003

Lot Details

  • 1.07

HOA Fees

  • $1,344 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 1,931 Sq Ft Home
  • Dry Bar
  • Electric Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

  • Ogden Elementary School
  • Lincoln Park High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Waterfront

Community Details

Overview

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

Amenities

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

Recreation

  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,287

Year Built

Built in 2003

Lot Details

1.07 Acres

HOA Fees

$1,344 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
  • Subdivision Name: Pearson on the Park
  • 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: 14
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, First Floor Laundry
  • LivingArea: 1931
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: Den, Foyer, Eating Area, Balcony/Porch/Lanai
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: Yes
  • Exterior Building Type: Concrete,Limestone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1344
  • 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), Valet/Cleaner, Water View
  • 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
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • High School: Lincoln Park High School

Lot Info

  • Lot Dimensions: COMMON
  • 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: 999

Tax Info

  • Tax Annual Amount: 19287.36
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 177

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
May 10, 2022
Sold by
Bought by
Seller's Agent
Nan Vaile
Baird & Warner
Buyer's Agent
Jeff Bushaw
Fulton Grace Realty
List Price
$1,195,000
Sold Price
$1,162,500
Premium/Discount to List
-$32,500
-2.72%
Current Estimated Value
$1,226,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,018
Avg. Annual Appreciation
1.32%

Purchase Details

Closed on
Apr 13, 2015
Sold by
Bought by

Purchase Details

Closed on
May 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2003
Sold by
Bought by
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
$1,162,500 None Listed On Document
-- None Available
$780,000 Cti
$732,000 Cti
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $360,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $1,162,500 -2.7% $602 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $1,195,000 -- $619 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 $20,281 $99,284 $9,272 $90,012
2024 $20,281 $99,284 $9,272 $90,012
2023 $20,998 $102,090 $7,465 $94,625
2022 $20,998 $102,090 $7,465 $94,625
2021 $20,529 $102,089 $7,465 $94,624
2020 $19,287 $86,580 $5,225 $81,355
2019 $18,876 $93,953 $5,225 $88,728
2018 $18,559 $93,953 $5,225 $88,728
2017 $18,558 $86,208 $4,180 $82,028
2016 $17,266 $86,208 $4,180 $82,028
2015 $16,304 $88,974 $4,180 $84,794
2014 $13,024 $70,198 $3,359 $66,839
2013 $12,767 $70,198 $3,359 $66,839
Source: Public Records

Agents Affiliated with this Home

  • Nan Vaile

    Seller's Agent in 2022

    Nan Vaile

    Baird Warner

    (312) 342-7565

    5 in this area

    14 Total Sales

    Nan Vaile
    Section Image
  • Jeff Bushaw

    Buyer's Agent in 2022

    Jeff Bushaw

    Fulton Grace

    (847) 834-4009

    2 in this area

    113 Total Sales

    Jeff Bushaw
    Section Image
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About The Pearson

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11323961

Midwest Real Estate Data (MRED)

APN: 17-03-228-032-1052

Illinois Cook County Chicago 60611 Streeterville

250 E Pearson St Unit 1405, 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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