NOT LISTED FOR SALE

The Pearson 250 E Pearson St Unit 701 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $806,000 - $1,002,000

2 Beds
2 Baths
2,000 Sq Ft
46,479 Sq Ft Lot

Sale Details

Date Sold: September 29, 2021

Last sale price $750,000 $375 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,500 / mo

11 Days on Market

About This Home

As of September 2021

Unique newer luxury building in Streeterville overlooking Park, south skyline, and Navy Pier, this 2000 sf modern loft style unit has just been totally redecorated with new painting and lighting through out the spacious interior. Charming balcony with wrought iron furniture and geranium filled flower boxes for Alfresco dining. Deeded garage parking space is included. Building has top floor party room with dramatic terrace overlooking the city plus fully equipped 40x100 foot exercise room. Pet friendly.

Last Agent to Sell the Property

Meladee Hughes

Baird & Warner License #471012202 Listed on: 08/25/2021

Baird & Warner

Co-Listed By

Rodolfo Zavala

Engel & Voelkers Chicago License #475141164

Last Buyer's Agent

Deanne Thomas

Deanne Thomas Luxury Properties License #475150142

Property Details

Home Type

  • Condominium

Year Built

  • 2003

Lot Details

  • 1.07

HOA Fees

  • $1,121 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Stone Siding

Community Details

Overview

  • 180 Units
  • Tom Gillespie Association, Phone Number (312) 943-2472
  • Property managed by Tom Gillespie

Pet Policy

  • Pets Allowed
  • Pets up to 50 lbs

Property Details

Home Type

Condominium

Year Built

2003

Lot Details

1.07 Acres

HOA Fees

$1,121 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • 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: 7
  • Co List Office Mls Id: MRD12660
  • Co List Office Phone: (312) 981-5500
  • Directions: Pearson is 1 block north of Chicago Avenue. The building is east of Michigan Avenue.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Doorman
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Dining Room Type: Foyer, Balcony/Porch/Lanai
  • Stories: 30

Exterior Features

  • Exterior Features: Balcony, End Unit
  • Exterior Building Type: Stone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Electric, Baseboard, Indv Controls
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Tom Gillespie
  • Management Contact Name: Tom Gillespie
  • Management Phone: 312-943-2472
  • Amenities: Door Person, Exercise Room, Storage, Sundeck, Service Elevator(s)
  • Association Fee: 1121
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Multi Family

  • Units in Building: 180

Tax Info

  • Tax Annual Amount: 15380.42
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2025
Sold by
Schuessler Richard D and Schuessler Bonnie T
Bought by
Richard D Schuessler Trust and Bonnie Thomas Schuessler Revocable Trust
Current Estimated Value
$908,015

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 21, 2021
Sold by
Novik Adrian
Bought by
Schuessler Richard D and Schuessler Bonnie T
Seller's Agent
Meladee Hughes
Baird & Warner
Buyer's Agent
Deanne Thomas
Deanne Thomas Luxury Properties
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 28, 2013
Sold by
Dubovik Alexandra
Bought by
Novik Adrian
Seller's Agent
Chezi Rafaeli
Coldwell Banker Realty
Buyer's Agent
Jason Vondrachek
Quest Realty Group LLC
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$405,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Dubovik Alexandra
Bought by
Dubovik Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Dubovik Alexandra
Bought by
Dubovik Alexandra and Alexandra Dubovik Trust

Purchase Details

Closed on
Apr 12, 2004
Sold by
250 East Pearson Llc
Bought by
Dubovik Alexandra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Richard D Schuessler Trust -- None Listed On Document
Schuessler Richard D $750,000 Burnet Title Post Closing
Novik Adrian $665,000 None Available
Dubovik Alexandra -- Cambridge Title Company
Dubovik Alexandra -- None Available
Dubovik Alexandra $659,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Novik Adrian $405,000
Previous Owner Dubovik Alexandra $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2021 09/29/21 Sold $750,000 +3.4% $375 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $725,000 +9.0% $363 / Sq Ft
03/11/2013 03/11/13 Sold $665,000 -5.0% $333 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $700,000 -- $350 / 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 $18,387 $84,520 $7,893 $76,627
2024 $18,387 $84,520 $7,893 $76,627
2023 $17,925 $87,150 $6,355 $80,795
2022 $17,925 $87,150 $6,355 $80,795
2021 $16,855 $87,148 $6,354 $80,794
2020 $15,728 $73,704 $4,448 $69,256
2019 $15,380 $79,982 $4,448 $75,534
2018 $15,121 $79,982 $4,448 $75,534
2017 $15,072 $73,388 $3,558 $69,830
2016 $14,199 $73,388 $3,558 $69,830
2015 $13,879 $75,742 $3,558 $72,184
2014 $11,088 $59,759 $2,859 $56,900
2013 $10,390 $59,759 $2,859 $56,900
Source: Public Records

Agents Affiliated with this Home

  • Meladee Hughes

    Seller's Agent in 2021

    Meladee Hughes

    Baird Warner

    (312) 636-8020

    2 in this area

    13 Total Sales

    Meladee Hughes
    Section Image
  • Rodolfo Zavala

    Seller Co-Listing Agent in 2021

    Rodolfo Zavala

    Engel & Voelkers Chicago

    (773) 344-4181

    1 in this area

    5 Total Sales

    Rodolfo Zavala
    Section Image

  • D

    Buyer's Agent in 2021

    Deanne Thomas

    Deanne Thomas Luxury Properties

    (312) 401-4222

    3 in this area

    6 Total Sales

    Deanne Thomas
    Section Image
  • Chezi Rafaeli

    Seller's Agent in 2013

    Chezi Rafaeli

    Coldwell Banker Realty

    (312) 560-7773

    5 in this area

    238 Total Sales

    Chezi Rafaeli
    Section Image
  • Jason Vondrachek

    Buyer's Agent in 2013

    Jason Vondrachek

    Quest Realty Group LLC

    (312) 850-2620

    31 Total Sales

    Jason Vondrachek
    Section Image
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About The Pearson

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11200065

Midwest Real Estate Data (MRED)

APN: 17-03-228-032-1002

Illinois Cook County Chicago 60611 Streeterville

250 E Pearson St Unit 701, 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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