NOT LISTED FOR SALE

270 E Pearson St Unit 503 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $1,013,000 - $1,290,000

2 Beds
2 Baths
2,068 Sq Ft
2004 Built

Last Sold September 16, 2016

Last sale price $1,450,000 $701 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $9,787/month

128 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • End Unit
  • Property is near park
  • Whirlpool Bathtub
  • 2-minute walk to Lake Shore Park

About This Home

As of September 2016

Stunning, South facing home with lake, city and park views. High ceilings, hardwood flooring, crown moldings, custom built-ins, gourmet kitchen with walk-in pantry, Sub-Zero, Wolf and Miele appliances. Large terrace, open floor plan, tremendous closet space, lutron lighting system. Highly upgraded, fine appointments. 2 parking spaces available for purchase at $50,000 each. Can also be combined with neighboring unit(502), which is currently listed at $749,000.

Last Agent to Sell the Property

Caroline Druker

Baird & Warner License #475124886 Listed on: 02/19/2016

Baird & Warner

Co-Listed By

Matthew Druker

Baird & Warner License #475164429

Last Buyer's Agent

Nick Kluding

Baird & Warner

Baird & Warner

Property Details

Home Type

  • Condominium

Year Built

  • 2004

Lot Details

  • End Unit
  • Southern Exposure
  • Landscaped Professionally

HOA Fees

  • $1,614 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near park

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Year Built

2004

Lot Details

0 Sq Ft Lot

HOA Fees

$1,614 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 5
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2004
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16
  • Year Built: 2004

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Fire Sprinklers, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Walk-in
  • Additional Rooms: Balcony, Foyer
  • Master Bedroom: Dimensions: 17X20, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 9X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Balcony, Dimensions: 14X5, On Level: Main Level
  • Estimated Sq Ft: 2068
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Concrete
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 50000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Valet/Cleaner
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Common Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 1614
  • Management Contact Name: Mary Wolf
  • Management Phone: 312-337-1882

Fee Information

  • Management Company: Draper and Kramer

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Landscaped Professionally, Park Adjacent
  • Parcel Identification Number: 17032280344013

Multi Family

  • Total Number Unitsin Building: 41
  • Number Stories: 16

Tax Info

  • Taxes: 12947.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Sep 3, 2016
Sold by
Ueberroth Lindsey
Bought by
Casey Peter and Casey Veronique
Seller's Agent
Caroline Druker
Baird & Warner
Buyer's Agent
Nick Kluding
Baird & Warner
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Current Estimated Value
$1,130,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$319,333
Avg. Annual Appreciation
-2.35%

Purchase Details

Closed on
Feb 14, 2011
Sold by
Love C Kenneth and Love Charlotte J
Bought by
Ueberroth Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,999
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2007
Sold by
Phelan Richard J and Phelan Barbara A
Bought by
Love C Kenneth and Love Charlotte J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,126,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2006
Sold by
Gelman Ira L and Ira I Gelman Revocable Trust
Bought by
Phelan Richard J and Phelan Barbara A

Purchase Details

Closed on
Oct 22, 2004
Sold by
270 East Pearson Llc
Bought by
Thomas J Regan and Thomas Rhonda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Casey Peter $1,450,000 Baird & Warner Title Service
Ueberroth Lindsey $1,380,000 Baird & Warner Title Service
Love C Kenneth $1,407,500 Multiple
Phelan Richard J $1,325,000 First American Title Ins Co
Thomas J Regan $1,825,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ueberroth Lindsey $965,999
Previous Owner Love C Kenneth $1,126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $1,450,000 -3.3% $701 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $1,500,000 -- $725 / 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 $26,698 $97,251 -- $97,251
2024 $26,698 $97,251 -- $97,251
2023 $26,958 $132,504 -- $132,504
2022 $26,958 $137,225 $0 $137,225
2021 $27,466 $142,578 $0 $142,578
2020 $13,406 $65,764 $0 $65,764
2019 $11,973 $65,764 $0 $65,764
2018 $11,769 $65,764 $0 $65,764
2017 $14,157 $65,764 $0 $65,764
2016 $13,172 $65,764 $0 $65,764
2015 $12,051 $65,764 $0 $65,764
2014 $12,202 $65,764 $0 $65,764
2013 $11,961 $65,764 $0 $65,764
Source: Public Records

Agents Affiliated with this Home

  • Caroline Druker

    Seller's Agent in 2016

    Caroline Druker

    Baird Warner

    (847) 471-5115

    26 in this area

    92 Total Sales

    Caroline Druker
    Section Image
  • Matthew Druker

    Seller Co-Listing Agent in 2016

    Matthew Druker

    Baird Warner

    (847) 490-5115

    23 in this area

    70 Total Sales

    Matthew Druker
    Section Image
  • Nick Kluding

    Buyer's Agent in 2016

    Nick Kluding

    Baird Warner

    (773) 255-6072

    4 in this area

    60 Total Sales

    Nick Kluding
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09145041

Midwest Real Estate Data (MRED)

APN: 17-03-228-034-4013

Illinois Cook County Chicago 60611 Streeterville

270 E Pearson St Unit 503, Chicago, IL

Not Listed for Sale

Condos

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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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