NOT LISTED FOR SALE

Estimated Value: $566,301 - $706,000

1 Bed
1.5 Baths
1,224 Sq Ft
$861/mo HOA Fee

Last Sold August 30, 2024

Last sale price $648,000 $529 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,364/month

2 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • LEED For Homes Silver Status
  • Steam Room
  • Waterfront
  • 1-minute walk to Lakeshore East Park

About This Home

As of August 2024

Incredible value at Lakeshore East's Priced Related Midwest built high-rise, the first Leed Certified or "GREEN" residential building in Chicago. Priced at $571 per square foot with after market upgrades, this unit has the coveted full height glass curtain walls near 10' floor to ceiling, all south facing and parallel to Buckingham Fountain. Residence 1205 has magnificent, protected forever, south views of Lake Michigan, Maggie Daley, Millennium, Grant Parks, The Art Institute and one of the most significant walls of building architecture along Michigan Avenue in the City of Chicago. Residence 1205 features, foyer with immediate south views from it, half bath, BRAND NEW 5" WHITE OAK TONGUE AND GROOVE HARDWOOD FLOORS, open kitchen, Italian Snaidero made cabinetry that have been painted (sprayed and not hand brushed) in contemporary color, stainless steel GE Monogram appliances, high output gas cooktop, built in-cabinet oven and microwave, culinary vented hood, frosted glass panel upper cabinets, open kitchen concept, peninsula with seating at a breakfast bar with quartz counters, disposal. Open great room accommodates living and separate dining spaces with no break in south facing glass curtain wall offering an amazing continuum of views featuring a full representation of all the city of Chicago has to offer. Sumptuous primary suite with walk in closet, Closet Works built ins, linen closet, remote powered shades, brand new high-end carpeting, dual vanity, all dressed in natural stone, terrazzo stone shower basin, frameless glass, separate soaking tub. In unit Maytag front loader, full size washer and dryer. Complete amenities rival any building included 24 hour door staff, onsite management and maintenance, onsite engineering, dry cleaners, outdoor pet relief area, nearly internal way to Mariano's, two access points to Pedway, package receiving locker system, bike storage room, 75' two lane indoor lap pool, sun terrace, two gas grills, private conference/dining room, full caterer's kitchen, Fully renovated Winter Garden, 4,000 square foot gym including Pelotons, steam rooms, dry sauna, whirlpool and courtesy (means it is free) guest parking program. Unit has been completely painted, all closets, doors and ceiling and ready to move in. No re-work required. Parking space P3-9 available for $50,000; storage SP4-19, approximately 7' tall by 6' deep by 4' wide included in the list price. 340 OTP has never in its history had a special assessment and currently $3,116,556 in their RESERVE ACCOUNT as of April 25, 2024.

Last Agent to Sell the Property

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 08/07/2024

Baird & Warner

Last Buyer's Agent

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 08/07/2024

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,095

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Additional Parcels

HOA Fees

  • $861 Monthly HOA Fees

Parking

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

Home Design

  • Reinforced Caisson Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,224 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • LEED For Homes Silver Status
  • Outdoor Grill

Community Details

Overview

  • Association fees include water, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 344 Units
  • Amy Eickhoff Association, Phone Number (312) 938-3576
  • High-Rise Condominium
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 63-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Common Area
  • Steam Room
  • Sauna
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Spa
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,095

Year Built

Built in 2007

Lot Details

0

HOA Fees

$861 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2007
  • 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: 12
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1224
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Other
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Outdoor Grill
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • Lot Features: Common Grounds
  • Roof: Tar and Gravel
  • Waterfront: Yes
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(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
  • Association Fee: 861
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Tennis Court(s), Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Amy Eickhoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Green Features

  • Green Building Verification Type: LEED-H Silver

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: 14095.41
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Aug 27, 2024
Sold by
Ninyo Inter Vivos Trust and Ninyo Avram
Bought by
Lee Vivian and Luo Weijiao
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$699,000
Sold Price
$648,000
Premium/Discount to List
-$51,000
-7.3%
Views
14
Current Estimated Value
$678,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,650
Avg. Annual Appreciation
-0.70%

Purchase Details

Closed on
Jun 10, 2010
Sold by
Gilkerson George N and Gilkerson Clyda C
Bought by
Ninyo Avram and Ninyo Susan

Purchase Details

Closed on
Aug 14, 2007
Sold by
340 East Randolph Llc
Bought by
Gilkerson George N and Gilkerson Clyda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,200
Interest Rate
6.62%
Mortgage Type
Unknown
Source: Public Records
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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
Lee Vivian $648,000 None Listed On Document
Ninyo Avram $750,000 None Available
Gilkerson George N $609,000 Cti
Gilkerson George N $609,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilkerson George N $487,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $648,000 -7.3% $529 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $699,000 -- $571 / 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 $11,648 $49,687 $1,037 $48,650
2024 $11,648 $49,687 $1,037 $48,650
2023 $13,327 $55,207 $836 $54,371
2022 $13,327 $64,797 $836 $63,961
2021 $13,030 $64,796 $836 $63,960
2020 $13,584 $60,978 $757 $60,221
2019 $13,343 $66,412 $757 $65,655
2018 $13,119 $66,412 $757 $65,655
2017 $11,381 $52,870 $626 $52,244
2016 $10,589 $52,870 $626 $52,244
2015 $9,688 $52,870 $626 $52,244
2014 $9,585 $51,660 $577 $51,083
2013 $9,396 $51,660 $577 $51,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12123634

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1083