NOT LISTED FOR SALE

270 E Pearson St Unit 502 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $609,000 - $885,000

1 Bed
1.5 Baths
1,100 Sq Ft
1.06 Acres

Last Sold October 03, 2016

Last sale price $730,000 $664 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,039/month

Highlights

  • Doorman
  • Fitness Center
  • Property is near a park
  • Water Views
  • Landscaped Professionally
  • 2-minute walk to Lake Shore Park

About This Home

As of April 2023

Prime 1 bedroom residence in The Belvedere, one of Chicago's premiere boutique buildings! Finely appointed, this gracious home has been highly upgraded and includes such features as a gourmet kitchen with high-end appliances, custom millwork, crown moldings, 10 foot ceilings, fire place, hardwood flooring, spa-like bathrooms, large terrace, laundry/utility room, tremendous storage and closet space. Sun-filled with south and east exposures! Enjoy stunning views of the lake, park, city, and Navy Pier from all windows. Ideally located and short distance to the lake, museums, parks, dining, shopping, and transportation. Available July 1

Last Agent to Rent the Property

Caroline Druker

Baird & Warner License #475124886 Listed on: 04/12/2023

Baird & Warner

Co-Listed By

Matthew Druker

Baird & Warner License #475164429

Baird & Warner

Last Renter's Agent

Matthew Druker

Baird & Warner License #475164429

Baird & Warner

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,789

Year Built

  • Built in 2003

Lot Details

  • 1.06

Parking

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

Interior Spaces

  • 1,100 Sq Ft Home
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Dual Sinks
  • No Tub in Bathroom

Home Security

Utilities

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

Additional Features

  • Balcony
  • Landscaped Professionally
  • Property is near a park

Listing and Financial Details

  • Property Available on 7/1/23
  • Rent includes water, parking, scavenger, doorman, exterior maintenance, lawn care, storage lockers, air conditioning

Community Details

Overview

  • 39 Units
  • Association Phone (312) 337-1883
  • 16-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$14,789

Year Built

Built in 2003

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-07-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 4500
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Move-in Fee,Move Out Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • 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: 5
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1100
  • Other Equipment: Humidifier
  • Room Type: Foyer
  • Stories Total: 16
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,No Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Cable Access
  • List Price: 4500
  • Lot Features: Landscaped, Park Adjacent, Water View
  • Waterfront: No
  • Exterior Building Type: Brick,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
  • Heating: Electric, Forced Air, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Valet/Cleaner
  • Rent Includes: Water, Parking, Scavenger, Doorman, Exterior Maintenance, Lawn Care, Storage Lockers, Air Conditioning
  • Management: Manager On-site,Monday through Friday
  • Management Phone: 312-337-1883

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Golf Richard & Suzette
Bought by
Richard A Golf Declaration Of Trust
Current Estimated Value
$721,009

Purchase Details

Listed on
Jan 13, 2016
Closed on
Sep 20, 2016
Sold by
Clausen Bridget B
Bought by
Golf Richard and Vela Suzette
Seller's Agent
Caroline Druker
Baird & Warner
Buyer's Agent
Matthew Druker
Baird & Warner
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.66%
Original Mortgage
$584,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2013
Sold by
Clausen L Dean and Clausen Bridget B
Bought by
Clausen Bridget B and Bridget B Clausen Trust

Purchase Details

Closed on
Sep 30, 2011
Sold by
Schuessler Richard D and Schuessler Bonnie Thomas
Bought by
Schuessler Richard D and Richard D Schuessler Revocable Trust

Purchase Details

Closed on
May 20, 2010
Sold by
Schuessler Richard D
Bought by
Schuessler Richard D and Schuessler Bonnie Thomas

Purchase Details

Closed on
Oct 31, 2007
Sold by
Schuessler Richard D
Bought by
The Richard D Schuessler Trust

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
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2007
Sold by
Grusecki James P and Grusecki Brenda Schnede
Bought by
Schuessler Richard D

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
6.44%
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
Richard A Golf Declaration Of Trust -- Chicago Title
Golf Richard $730,000 Baird & Warner Title Service
Clausen Bridget B -- None Available
Schuessler Richard D -- None Available
Schuessler Richard D -- None Available
The Richard D Schuessler Trust -- None Available
Schuessler Richard D $775,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golf Richard $584,000
Previous Owner Schuessler Richard D $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Rented $4,500 0.0% --
04/12/2023 04/12/23 Under Contract -- -- --
04/12/2023 04/12/23 For Rent $4,500 0.0% --
10/03/2016 10/03/16 Sold $730,000 -2.5% $664 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $749,000 0.0% $681 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $749,000 +7.8% $681 / Sq Ft
07/06/2012 07/06/12 Sold $695,000 0.0% $632 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $695,000 -- $632 / Sq Ft
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 $14,789 $53,878 -- $53,878
2023 $14,933 $73,408 -- $73,408
2022 $14,933 $76,024 $0 $76,024
2021 $15,214 $78,989 $0 $78,989
2020 $7,425 $36,434 $0 $36,434
2019 $6,631 $36,434 $0 $36,434
2018 $6,518 $36,434 $0 $36,434
2017 $7,117 $36,434 $0 $36,434
2016 $7,297 $36,434 $0 $36,434
2015 $6,676 $36,434 $0 $36,434
2014 $6,760 $36,434 $0 $36,434
2013 $6,626 $36,434 $0 $36,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11757848

Midwest Real Estate Data (MRED)

APN: 17-03-228-034-4012