$495,000
SOLD NOV 17, 2022
1 Bed
1.5 Baths
1,240 Sq Ft
$780/mo HOA Fee

Recently Sold

$399 Per Sq Ft

10% Below List Price

111 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Lock-and-Leave Community
  • 1-minute walk to Lakeshore East Park

About This Home

As of July 2023

340 ON THE PARK.SPECTACULAR BUILDING IN SPECTACULAR AREA. DIRECTLY ACROSS FROM MILLENIUM PARK. HARRIS THEATER, CONCERT PAVILION. EXTRA LARGE 1 BEDROOM, 1 1/2 BATHS, BAMBOO FLOORS, SNAIDERO CABINET KITCHEN, ETC, ETC. WINDOW TREATMENT, WASHER DRYER. ENTIRE 25TH FLOOR IS WINTERGARDEN. AMAZING HEALTH SITE LOOKING OUT AT HARBOR, LAKE & PARK. LAP POOL. FULL TIME DOORMAN, MAINTENANCE, MGMT ON SITE. PETS OK

Last Agent to Sell the Property

Jay Davis

Century 21 Universal License #475147951 Listed on: 05/17/2022

Century 21 Universal

Last Buyer's Agent

Leah Talmers

@properties Christie's International Real Estate

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,321

Year Built

  • Built in 2007

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • Parking Included in Price

Interior Spaces

  • 1,240 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exterior maintenance, internet
  • 344 Units
  • Amy Eickoff Association, Phone Number (312) 938-3576
  • Property managed by First Residential Illinois
  • Lock-and-Leave Community
  • 63-Story Property

Amenities

  • Doorman
  • Sundeck
  • Steam Room
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Park
  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,321

Year Built

Built in 2007

Lot Details

0

HOA Fees

$780 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 12
  • Special Service Area Fee: 1000
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 1240
  • Other Equipment: TV-Cable
  • Room Type: Foyer
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 500000
  • Waterfront: No
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 780
  • 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, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: First Residential Illinois
  • Management Contact Name: Amy Eickoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 13321.16
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Nov 16, 2022
Sold by
Dms Properties Inc
Bought by
Fox David Allen
Seller's Agent
Jay Davis
Century 21 Universal
Buyer's Agent
Leah Talmers
@properties Christie's International Real Estate
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Views
2
Current Estimated Value
$572,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,749
Avg. Annual Appreciation
5.45%
Original Mortgage
$300,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 15, 2007
Sold by
340 East Randolph Llc
Bought by
Dms Properties Inc
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 Type Sale Price Title Company
Warranty Deed $495,000 Chicago Title
Special Warranty Deed $410,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $479,000 0.0% $385 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $479,000 -3.2% $385 / Sq Ft
11/17/2022 11/17/22 Sold $495,000 -1.0% $399 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $500,000 -9.1% $403 / Sq Ft
05/17/2022 05/17/22 For Sale $550,000 0.0% $444 / Sq Ft
05/01/2021 05/01/21 Rented $3,000 0.0% --
01/04/2021 01/04/21 For Rent $3,000 0.0% --
10/16/2019 10/16/19 Rented $3,000 +1.7% --
09/11/2019 09/11/19 Price Changed $2,950 -6.3% $2 / Sq Ft
08/02/2019 08/02/19 For Rent $3,150 0.0% --
07/20/2017 07/20/17 Rented $3,150 -4.5% --
07/05/2017 07/05/17 For Rent $3,300 -- --
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 $11,423 $48,725 $1,017 $47,708
2023 $13,070 $54,139 $820 $53,319
2022 $13,070 $63,544 $820 $62,724
2021 $12,778 $63,543 $820 $62,723
2020 $13,321 $59,798 $742 $59,056
2019 $13,085 $65,127 $742 $64,385
2018 $12,865 $65,127 $742 $64,385
2017 $11,161 $51,848 $614 $51,234
2016 $10,385 $51,848 $614 $51,234
2015 $9,501 $51,848 $614 $51,234
2014 $9,399 $50,660 $565 $50,095
2013 $9,214 $50,660 $565 $50,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11407165

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1084