$585,000

340 On The Park 340 E Randolph St Unit 1506 Floor 15 Chicago, IL 60601

New East Side Neighborhood

Estimated payment $5,066/month

Total Views 4,008
1 Bed
1.5 Baths
1,244 Sq Ft
$470 Price per Sq Ft

Highlights

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

About This Home

340 ON THE PARK! THE JEWEL IN THE CROWN OF LAKE SHORE EAST! 340 DELIVERS A MUSCULAR URBAN SCALE THAT STANDS UP TO ITS NEIGHBORS AND COMMANDS PRIDE OF PLACE AT THE NORTH END OF MILLENIUM PARK. ALL OF CHICAGO'S ICONIC DESTINATIONS ARE AT YOUR DOORSTEP: THE ANISH KAPOOR BEAN, THE FRANK GEHRY BANDSHELL, LAKE MICHIGAN, MONROE HARBOR, BUCKINGHAM FOUNTAIN. UNIT #1506 IS PRISTINE! THIS DELUXE ONE BED/1.5 BA IS LOCATED IN THE NW CORNER OF THE BUILDING WITH 2 WALLS OF WINDOWS. NEWER OAK HARDWOOD FLOORING, NEW GAS RANGE, NEW W/D, HIGHLY UPGRADED BATHROOM, NEW CARPET/PAINT SET THIS UNIT APART FROM THE STANDARD BUILD OUT. A UNIQUE DESIGN FEATURE OF A CUSTOM GRASSCLOTH COVERED WALL UNIFIES THE PUBLIC SPACE. THE OPEN KITCHEN W/ LARGE ISLAND ENCOURAGES CONVERSATION WHILE DOING MEAL PREP AND ENTERTAINING. THE PRIMARY BEDROOM, GUEST CLOSET AND POWDER ROOM ARE TUCKED AWAY FROM MAIN LIVING AREA. THE EN SUITE CARPETED PRIMARY BEDROOM IS GENEROUS FOR FURNISHINGS AND STORAGE. WINDOW TREATMENTS THROUGHOUT COMPLETE THIS HOME. 340 OFFERS A FULL AMENITY FLOOR ON 25 THAT INCLUDES: 2 STORY WINTER GARDEN WITH SOUTH FACING TERRACE, CLUB ROOM, CATERING KITCHEN, EXPANSIVE FITNESS CENTER W/ STATE OF THE ART EQUIPMENTS, NEWLY RENOVATED LOCKER ROOMS WITH SAUNA, STEAM, SHOWERS THAT LEAD TO THE 75' INDOOR LAP POOL. NO NEED TO JOIN A CLUB! SUPERIOR BUILDING STAFF WITH 24/7 DOOR STAFF, ON SITE MANAGER & ENGINEER. ATTENTION TO DETAIL IS PARAMOUNT TO THE PHILOSOPHY OF THE 340 LIFESTYLE! PARKING SPACE #P4-62 AND STORAGE LOCKER SP5-17 ARE INCLUDED IN PRICE.

Listing Agent

Nancy Nugent

Jameson Sotheby's Intl Realty License #475083793 Listed on: 10/14/2025

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,217

Year Built

  • Built in 2007

Lot Details

  • Lake Front
  • End Unit
  • Landscaped Professionally
  • Additional Parcels

HOA Fees

  • $900 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Circular Driveway
  • Parking Included in Price

Home Design

  • Entry on the 15th floor
  • Reinforced Caisson Foundation

Interior Spaces

  • 1,244 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • No Tub in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 344 Units
  • John Association, Phone Number (312) 938-3586
  • High-Rise Condominium
  • Property managed by FIRST SERVICE RESIDENTIAL
  • 62-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Steam Room
  • Party Room
  • Service Elevator
  • Package Room

Recreation

  • Park

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,217

Year Built

Built in 2007

Lot Details

0

HOA Fees

$900 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 15
  • 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: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • LivingArea: 1244
  • Room Type: Foyer
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Glass, Other
  • Foundation Details: Reinforced Caisson
  • Lot Features: Landscaped
  • Roof: Other
  • Waterfront Features: Lake Front
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Circular Driveway, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Baseboard
  • Laundry Features: Main Level, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 900
  • Association Amenities: Door Person, 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: JOHN
  • Management Phone: 312-938-3586

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • 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: 13217.19
  • Tax Year: 2023

Multi Family

  • Units in Building: 344

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,770 $48,924 $1,021 $47,903
2023 $12,419 $54,361 $824 $53,537
2022 $12,419 $63,804 $824 $62,980
2021 $12,160 $63,802 $823 $62,979
2020 $12,684 $60,042 $745 $59,297
2019 $12,449 $65,393 $745 $64,648
2018 $12,239 $65,393 $745 $64,648
2017 $11,207 $52,060 $617 $51,443
2016 $10,427 $52,060 $617 $51,443
2015 $9,540 $52,060 $617 $51,443
2014 $9,438 $50,867 $568 $50,299
2013 $9,251 $50,867 $568 $50,299
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 For Sale $585,000 0.0% $470 / Sq Ft
03/15/2024 03/15/24 Rented $3,300 -2.9% --
03/05/2024 03/05/24 Under Contract -- -- --
02/27/2024 02/27/24 For Rent $3,400 +9.7% --
12/24/2021 12/24/21 Rented -- -- --
10/28/2021 10/28/21 For Rent -- -- --
10/21/2021 10/21/21 Under Contract -- -- --
09/28/2021 09/28/21 For Rent $3,100 0.0% --
07/15/2016 07/15/16 Sold $607,500 +2.1% $488 / Sq Ft View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $595,000 -- $478 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $607,500 Barrister Title
Warranty Deed $455,000 Pntn
Special Warranty Deed $449,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $516,375 New Conventional
Previous Owner $330,000 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12495544

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1106