NOT LISTED FOR SALE

270 E Pearson St Unit 803 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $1,703,000 - $2,098,008

3 Beds
3.5 Baths
3,398 Sq Ft
$3,185/mo HOA Fee

Last Sold November 01, 2024

Last sale price $2,125,000 $625 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $17,192/month

57 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Landscaped Professionally
  • Water Views
  • Home Theater
  • 2-minute walk to Lake Shore Park

About This Home

As of November 2024

Not a detail was missed in the extensive renovation of this luxurious 3,400 sqft executive residence at the Belvedere. Expansive south-facing living space offers panoramic park, lake, and city views - dramatic during the day and at night! Amenities include a gas fireplace with a modern limestone surround, indirect and recessed lighting, stunning rift-sawn oak hardwood floors, and custom built-ins. Invite your friends to watch a game or stream a movie in the custom media room/home theater, designed for entertaining with a built-in counter with bar stools. The fully outfitted wet bar includes two beverage refrigerators. The custom kitchen is equipped with heritage-quality book-matched walnut cabinetry by Paoli Woodwork, Nublado limestone countertops, an island with waterfall design, filtered hot and cold water, and top-quality appliances, including a Wolf 6-burner cooktop, double ovens, a warming drawer, two Bosch dishwashers, a SubZero refrigerator with freezer drawers, and a Wolf exhaust fan. Fire up the grill as you watch the boats go by from your private balcony. Host your friends in style in the elegant dining room, conveniently outfitted with a built-in buffet and custom storage. House your wine collection in a full-size, two-temp SubZero wine refrigerator. Originally a three-bedroom condo, there are now two en-suite bedrooms, an office, and a library. Purposely separate from the living space, the luxurious primary bedroom suite is a quiet oasis within the home. It includes a limestone bath with dual vanity and oversized steam shower, a fully outfitted walk-in closet, custom built-ins, and an en suite den/office. The walnut-paneled library is truly exceptional; add a sleeper sofa, and it doubles as an extra bedroom for guests. The custom finishes include clean-lined millwork, designer lighting, custom closets, and oversized floor-to-ceiling windows with motorized blinds. Amenities include three HVAC zones and a full-size Samsung side-by-side washer and dryer. Two prime deeded garage spaces are INCLUDED in the price of this unit. The Belvedere is a pet-friendly boutique condominium building in the heart of Streeterville, steps from the lake, park, Michigan Avenue, Northwestern University's downtown campus, Northwestern Hospital, and the Loop. This professionally managed building offers 24/7 door/security staff, an exercise room, a dry cleaner, storage, and an attached garage. Discover the epitome of luxury living in Streeterville, where sophisticated craftsmanship meets unparalleled comfort. Welcome home!

Last Agent to Sell the Property

Jennifer Ames

Engel & Voelkers Chicago License #475150488 Listed on: 06/19/2024

Engel & Voelkers Chicago

Last Buyer's Agent

Sarah Taich

Engel & Voelkers Chicago License #475125821

Engel & Voelkers Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,568

Year Built

  • Built in 2004 | Remodeled in 2012

Lot Details

  • End Unit
  • Landscaped Professionally
  • Additional Parcels

HOA Fees

  • $3,185 Monthly HOA Fees

Parking

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

Interior Spaces

  • 3,398 Sq Ft Home
  • Wet Bar
  • Bookcases
  • Bar Fridge
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Storage
  • Gallery
  • Wood Flooring
  • Water Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Double Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Terrace

Location

  • Property is near a park

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

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

Community Details

Overview

  • Association fees include air conditioning, water, gas, parking, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 39 Units
  • Julianne Jackson Association, Phone Number (312) 337-1883
  • Property managed by FirstService Residential
  • Lock-and-Leave Community
  • 17-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

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,568

Year Built

Built in 2004 | Remodeled in 2012

Lot Details

0

HOA Fees

$3,185 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2004
  • 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): Yes
  • Unit Floor Level: 8
  • Rehab Year: 2012
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17
  • Year Renovated: 2012

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Range Hood, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Bookcases
  • LivingArea: 3398
  • Room Type: Walk In Closet, Foyer, Office, Gallery, Media Room, Terrace
  • Stories Total: 17
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Steam Shower,Double Sink,Double Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Den/Library
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit, Cable Access
  • Lot Features: Landscaped, Park Adjacent, Water View
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air, Baseboard, Zoned
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 3185
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Security Door Lock(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Julianne Jackson
  • Management Phone: 312-337-1883
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden Elementary

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 49568.39
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Nov 1, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Leon Robinson Jr 1998 Descendants Trust and Phillips
Seller's Agent
Jennifer Ames
Engel & Voelkers Chicago
Buyer's Agent
Sarah Taich
Engel & Voelkers Chicago
List Price
$2,250,000
Sold Price
$2,125,000
Premium/Discount to List
-$125,000
-5.56%
Views
18
Current Estimated Value
$1,900,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$224,496
Avg. Annual Appreciation
-10.56%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Dover Ventures Llc
Bought by
Raney Justin and Raney Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
270 East Pearson Llc
Bought by
The Diana S Ferguson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Leon Robinson Jr 1998 Descendants Trust $2,125,000 Chicago Title
Raney Justin $334,000 Ctic
The Diana S Ferguson Trust $1,465,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raney Justin $267,200
Closed Raney Justin $50,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $2,125,000 -5.6% $625 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $2,250,000 -- $662 / 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 $48,725 $169,494 -- $169,494
2023 $49,191 $230,934 -- $230,934
2022 $49,191 $239,162 $0 $239,162
2021 $49,969 $248,492 $0 $248,492
2020 $25,533 $114,618 $0 $114,618
2019 $23,028 $114,618 $0 $114,618
2018 $22,641 $114,618 $0 $114,618
2017 $24,674 $114,618 $0 $114,618
2016 $22,957 $114,618 $0 $114,618
2015 $21,003 $114,618 $0 $114,618
2014 $21,266 $114,618 $0 $114,618
2013 $20,846 $114,618 $0 $114,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12088264

Midwest Real Estate Data (MRED)

APN: 17-03-228-034-4044