Seller's Agent in 2024
Naomi Wilkinson
Magellan Marketing Group LLC
(312) 622-1002
51 in this area
62 Total Sales
340 On The Park 340 E Randolph St Unit 1404 Chicago, IL 60601
New East Side NeighborhoodEstimated Value: $844,000 - $938,287
2
Beds
2.5
Baths
1,902
Sq Ft
$1,221/mo
HOA Fee
Highlights
- Doorman
- Steam Room
- LEED For Homes Silver Status
- Lake Front
- Fitness Center
- 1-minute walk to Lakeshore East Park
About This Home
As of October 2024Amazing New Price - lives like a 3 bedroom - Chicago's Best Location in Premier Building! 2 Bedroom + Den, 2.5 Bath. Gracious entry/foyer area, open kitchen with expansive dining and living room, bamboo floors and large private balcony overlooking Lake Shore East Park and city skyline. Separate primary suite wing with spa bathroom, plenty of closet space, large pantry. Amenities include 4000 sf fitness center with amazing views and state of the art equipment including Peloton and Mirror with multiple workout options, 75 ft. indoor lap pool, sauna, steam room, hot tub, winter garden & more. Parking spot P6-15 and Large storage area 7x4x5 included in price. Millennium Park, lake front trails, Chicago River Walk nearby. Marianos Grocery store, restaurants and Village Marketplace adjacent to building. Lake shore east park featuring kids play area and dog park both with water features. Easy stroll to theaters, museums, concerts in the park and more.
Last Agent to Sell the Property
Magellan Marketing Group LLC License #471013231 Listed on: 07/23/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $20,320
Year Built
- Built in 2007
Lot Details
- Lake Front
- Additional Parcels
HOA Fees
- $1,221 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Parking Included in Price
Interior Spaces
- 1,902 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Den
- Storage
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Individual Controls for Heating
- Baseboard Heating
- Lake Michigan Water
- Cable TV Available
Additional Features
- LEED For Homes Silver Status
Community Details
Overview
- Association fees include water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
- 344 Units
- Amy Eikoff Association, Phone Number (312) 938-3576
- High-Rise Condominium
- Property managed by FSResidential
- 62-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Steam Room
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Pets up to 150 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2024
Closed on
Oct 28, 2024
Sold by
Petrow Gerald S
Bought by
Long Jun
Seller's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
Buyer's Agent
Jason Huang
Keller Williams Experience
List Price
$869,000
Sold Price
$815,000
Premium/Discount to List
-$54,000
-6.21%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,322
Avg. Annual Appreciation
8.75%
Original Mortgage
$465,000
Outstanding Balance
$459,803
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$426,519
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Long Jun | $815,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Long Jun | $465,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $815,000 | -6.2% | $428 / Sq Ft |
| 10/05/2024 10/05/24 | Pending | -- | -- | -- |
| 07/24/2024 07/24/24 | For Sale | $869,000 | 0.0% | $457 / Sq Ft |
| 04/05/2019 04/05/19 | Rented | $5,250 | +5.0% | -- |
| 03/03/2019 03/03/19 | Price Changed | $5,000 | -9.1% | $3 / Sq Ft |
| 10/30/2018 10/30/18 | For Rent | $5,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $18,012 | $76,833 | $1,603 | $75,230 |
| 2023 | $20,609 | $85,370 | $1,293 | $84,077 |
| 2022 | $20,609 | $100,200 | $1,293 | $98,907 |
| 2021 | $20,149 | $100,200 | $1,293 | $98,907 |
| 2020 | $21,006 | $94,293 | $1,170 | $93,123 |
| 2019 | $20,633 | $102,697 | $1,170 | $101,527 |
| 2018 | $20,286 | $102,697 | $1,170 | $101,527 |
| 2017 | $17,600 | $81,758 | $969 | $80,789 |
| 2016 | $16,375 | $81,758 | $969 | $80,789 |
| 2015 | $14,982 | $81,758 | $969 | $80,789 |
| 2014 | $14,822 | $79,885 | $892 | $78,993 |
| 2013 | $14,529 | $79,885 | $892 | $78,993 |
Source: Public Records
Agents Affiliated with this Home
-
Naomi Wilkinson
-
Jason Huang
Buyer's Agent in 2024
Jason Huang
Keller Williams Experience
(630) 890-8923
2 in this area
28 Total Sales
-
Sean Bustard
Buyer's Agent in 2019
Sean Bustard
@ Properties
(630) 625-2127
28 Total Sales
About 340 On The Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12119428
APN: 17-10-318-058-1098
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