NOT LISTED FOR SALE

340 On The Park 340 E Randolph St Unit 1504 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $900,487 - $1,134,000

2 Beds
2.5 Baths
1,902 Sq Ft
0.8 Acres Lot

Sale Details

Date Sold: June 8, 2022

Last sale price $890,000 $468 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,904 / mo

13 Days on Market

Highlights

  • Doorman
  • Steam Room
  • Landscaped Professionally
  • Lake Front
  • Fitness Center
  • 1-minute walk to Lakeshore East Park

About This Home

As of June 2022

340 on the Park, Chicago's first GREEN residential tower, continues to make a robust contribution to the skyline! Soaring 62 stories above Millennium Park, 340 stands out as a sleek modernist tower reflecting the blue-green of the lake and the park below. #1504 offers a unique 1902 sf floor plan with split bedrooms and a generous multi-purpose den. The gallery hall entrance leads to an open kitchen, living room, dining room and terrace. Oak hardwood floors ground the interior and offset the light Italian Snaidero custom cabinetry, SS appliances & slab quartz countertops. Enjoy the peaceful & protected views of Lake Shore East Park from the large recessed terrace....rain or shine! 9' ft. ceiling heights, great interior storage. Mint condition! The 25th Floor Winter Garden has been recently transformed into a delightful oasis for residents. Enjoy the unsurpassed views of Millennium Park, The Bean, Buckingham Fountain, Monroe Harbor, Lake Michigan. Outdoor grills on terrace, Club Room for parties & meetings, 75' lap pool always @ perfect temps, State of the Art Fitness Center, steam, sauna. The 25th Floor lives like your own private club! Mariano's is the anchor of the retail, commercial options attached to the property. There is a private dog run for residents of 340, as well as those in the park. Owner has 2 PRIME parking units available for sale @ 50K each. Owner has successfully appealed taxes. Ask Broker for details. #1504 floorplan offers a well designed room count with a private primary suite, an elegant gallery entry, open living spaces and separate secondary bedroom and den. The perfect urban lifestyle!

Last Agent to Sell the Property

Nancy Nugent

Jameson Sotheby's Intl Realty License #475083793 Listed on: 03/27/2022

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Arden Baranowski

Compass License #471016640

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,351

Year Built

  • Built in 2007

Lot Details

  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $992 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Reinforced Caisson Foundation

Interior Spaces

  • 1,902 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Gallery
  • Home Gym
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Lake
  • Patio

Location

  • Property is near park

Utilities

  • Central Air
  • Baseboard Heating
  • 150 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include air conditioning, water, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 344 Units
  • Amy Eickoff Association, Phone Number (312) 938-3579
  • High-Rise Community
  • Property managed by FIRST SERVICE RESIDENTIAL
  • 62-Story Property

Amenities

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

Recreation

  • Park

Pet Policy

  • Pets up to 150 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,351

Year Built

Built in 2007

Lot Details

0.8 Acres

HOA Fees

$992 per month

Parking

2

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: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 15
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Cooktop, Range Hood, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Storage, Walk-In Closet(s), Ceilings - 9 Foot, Doorman, Health Facilities, Lobby
  • LivingArea: 1902
  • Room Type: Den, Balcony/Porch/Lanai, Gallery
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 1902
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1902
  • Window Features: Insulated Windows,Screens,Window Treatments

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Reinforced Caisson
  • Lot Features: Lake Front, Landscaped, Park Adjacent, Water View, Lake Access
  • Roof: Other
  • Waterfront: Yes
  • Exterior Building Type: Steel Siding,Glass,Clad Trim

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 150 Amp Service
  • Heating: Electric, Baseboard
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 992
  • Association Amenities: Door Person, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: FIRST SERVICE RESIDENTIAL
  • Management Contact Name: AMY EICKOFF
  • Management Phone: 312-938-3579
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 20350.75
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2022
Closed on
May 12, 2022
Sold by
Ronald L Klotter Declaration Of Trust
Bought by
Laughton John and Weinberg James
Seller's Agent
Nancy Nugent
Jameson Sotheby's Intl Realty
Buyer's Agent
Arden Baranowski
Compass
List Price
$874,000
Sold Price
$890,000
Premium/Discount to List
$16,000
1.83%
Current Estimated Value
$1,020,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,122
Avg. Annual Appreciation
3.55%

Purchase Details

Listed on
Sep 30, 2017
Closed on
Feb 22, 2018
Sold by
Paulson Mark F and Paulson Sandra
Bought by
Klotter Ronald L and Klotter Julie M
Seller's Agent
Pamela Linn
Compass
Buyer's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
List Price
$1,160,000
Sold Price
$1,087,500
Premium/Discount to List
-$72,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.56%

Purchase Details

Closed on
Sep 6, 2007
Sold by
340 East Randolph Llc
Bought by
Paulson Mark F and Paulson Sandra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laughton John $890,000 First American Title
Klotter Ronald L $1,087,500 Greater Metropolitan Title L
Paulson Mark F $769,000 Ctic
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $890,000 +1.8% $468 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $874,000 -19.6% $460 / Sq Ft
02/23/2018 02/23/18 Sold $1,087,500 -6.3% $572 / Sq Ft View Prior Sale
12/14/2017 12/14/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $1,160,000 -- $610 / 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 $18,043 $76,966 $1,606 $75,360
2024 $18,043 $76,966 $1,606 $75,360
2023 $19,941 $85,519 $1,296 $84,223
2022 $19,941 $100,374 $1,296 $99,078
2021 $19,514 $100,372 $1,295 $99,077
2020 $20,351 $94,456 $1,172 $93,284
2019 $19,980 $102,875 $1,172 $101,703
2018 $19,643 $102,875 $1,172 $101,703
2017 $17,630 $81,898 $970 $80,928
2016 $16,403 $81,898 $970 $80,928
2015 $15,007 $81,898 $970 $80,928
2014 $14,847 $80,023 $893 $79,130
2013 $14,554 $80,023 $893 $79,130
Source: Public Records

Agents Affiliated with this Home

  • Nancy Nugent

    Seller's Agent in 2022

    Nancy Nugent

    Jameson Sotheby's Intl Realty

    (312) 925-5440

    8 in this area

    35 Total Sales

    Nancy Nugent
    Section Image
  • Arden Baranowski

    Buyer's Agent in 2022

    Arden Baranowski

    Compass

    (312) 771-0688

    8 in this area

    32 Total Sales

    Arden Baranowski
    Section Image
  • Pamela Linn

    Seller's Agent in 2018

    Pamela Linn

    Compass

    (312) 446-7714

    4 Total Sales

    Pamela Linn
    Section Image
  • Emily Sachs Wong

    Buyer's Agent in 2018

    Emily Sachs Wong

    @ Properties

    (312) 613-0022

    7 in this area

    774 Total Sales

    Emily Sachs Wong
    Section Image
See All Agents

About 340 On The Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11358317

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1104

Illinois Cook County Chicago 60601 New East Side

340 E Randolph St Unit 1504, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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